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Australian no.2 mortgage lender Westpac's first-half profit missed expectations on Monday as margins contracted, and it ...
Westpac chief executive Anthony Miller is pursuing a more ambitious growth agenda than predecessor Peter King, boosting lending to small business and pushing his bankers to sell more products to ...
Westpac will pay an interim dividend of 76 cents per share next month. Westpac shares finished 3% lower yesterday and are currently down another 1.59% to $31.94 on Tuesday. The big four bank share ...
Investors would have done well to follow Warren Buffett's advice to be greedy on Westpac and CBA shares in early April. The S&P/ASX 200 Index (ASX: XJO) bank stocks came under pressure alongside ...
Westpac has joined Commonwealth Bank and NAB in reducing its advertised interest rate, but it's not the news you might think it is. Homeowners might be convinced Westpac cut its rate more than four ...
The back-to-basics approach is a nod to Westpac’s golden era under CEOs Bob Joss and David Morgan, when the nation’s perennial second-biggest bank was a more focused and safe lender that rode ...
The sharemarket snapped a seven-day winning streak after a lacklustre earnings report by Westpac and a plunge in the oil price sent banks and energy stocks tumbling. The benchmark S&P/ASX 200 ...
SYDNEY--Westpac Banking Corp reported a small fall in first-half profit, but said that lower impairment charges suggest Australia credit cycle has passed its low point. Australia's second-largest ...
Banking group net profit up 1% to $565m in the six months ended March, business lending up 1%. Westpac has maintained healthy profit and revenue levels but is still not satisfied with being the fourth ...
Despite the relatively poor result for the bank, Mr Miller said an improvement with loan repayments and the quality of loans for Westpac customers indicated the height of the post-pandemic cost of ...
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