Westpac Says Annual Profit Falls 3%, Upbeat on Prospects -- Update
Westpac, like other lenders, has benefited from an elevated interest rate environment. Westpac on Monday said its net interest margin--a key profitability indicator which excludes Notable Items, Treasury and Markets--was 1.95% in its most recent year, down just 1 basis point on fiscal 2023.
Westpac may have recorded a 7-billion-dollar profit in its latest financial accounts, released yesterday, but its ...
Westpac Banking Corp, Australia's third largest lender by market value, said on Monday that its annual profit fell as ...
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Fewer Westpac customers on hardship provisionsWestpac says the peak of the cost-of-living crisis might have passed, noting the number of mortgage holders that need help ...
Morgan Stanley analyst Richard Wiles maintained a Hold rating on Westpac Banking (WEBNF – Research Report) today and set a price target ...
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.3%. Looking ahead, ...
Banking major Westpac is seeing signs Australia’s economy has turned a corner after a gloomy year, announcing plans to plough ...
(Reuters) - Australia's Westpac said on Thursday Peter Herbert will be appointed as acting chief executive for its business ...
Westpac is reporting a 10% increase in net profit in New Zealand while being hit by "intense market competition" in ...
Westpac Banking Corporation ( OTCPK:WEBNF) Q4 2024 Results Conference Call November 3, 2024 6:00 PM ET Justin McCarthy - General Manager of Investor Relations Peter King - CEO, MD & Director Michael ...
In a report released today, John Storey from UBS maintained a Hold rating on Westpac Banking (WEBNF – Research Report), with a price ...
Peter King leaves having steered Westpac through an impressive turnaround. But he sees two problems Australia needs to solve.
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