Oct 26 (Reuters) - Westpac Banking Corp (WBC) :
- ITS CASH EARNINGS IN 2H20 WILL BE REDUCED BY $1,220M (AFTER TAX)
- CASH EARNINGS IN 2H20 WILL BE REDUCED BY $1,220M (AFTER TAX) ARISING FROM NOTABLE ITEMS
- NOTABLE ITEMS INCLUDE NEW ITEMS OF $816M (AFTER TAX), WITH PREVIOUSLY ANNOUNCED ADDITIONAL $404M PROVISION (AFTER TAX) FOR AUSTRAC MATTERS
- NOTABLE ITEMS ARE ESTIMATED TO REDUCE GROUP'S CET1 CAPITAL RATIO BY 24 BASIS POINTS
- SALE OF ZIP EXPECTED TO RESULT IN A PRE-TAX GAIN ON SALE OF ABOUT $26M TO BE REFLECTED IN WESTPAC'S 1H21 RESULTS
- CREATION OF SPECIALIST BUSINESSES DIVISION INCLUDES MOVING BUSINESSES FROM CONSUMER, BUSINESS AND WIB DIVISIONS
- CREATION OF SPECIALIST BUSINESSES DIVISION INCLUDES REALLOCATING CERTAIN CENTRALLY MANAGED COSTS ACROSS DIVISIONS
News: WBC Westpac Says H2 Cash Earnings After Tax To Be Reduced By $1,220 Mln
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$26.42 |
Change
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Mkt cap ! $91.76B | |||
| Open | High | Low | Value | Volume |
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Last
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Change
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