WBC results are steady = good
"It's fairly obvious that we are through the best part of the impairment cycle," Hartzer said on a post-earnings call. "Having said that ... stressed levels are fairly stable and we don't see a broad-based deterioration in asset quality."
The nation's oldest bank declared an interim dividend of 94 cents a share, unchanged from the final dividend of 2015.
Westpac has grown dividends consistently since September 2009...(and it will again in 2017 )
"This is prudent = Good management of Capital.
Cash earnings for the six months ended March 31 rose to a record A$3.9 billion ($2.96 billion) compared with A$3.78 billion a year ago .. led by growth in mortgages and corporate loans.
Net interest income, the difference of interest earned and paid out, rose 10 percent with net interest margins, a key gauge of profitability, increased to 2.14 percent. ($1 = 1.3161 Australian dollars)
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Last
$38.18 |
Change
0.550(1.46%) |
Mkt cap ! $117.3B |
Open | High | Low | Value | Volume |
$37.93 | $38.39 | $37.84 | $128.4M | 3.367M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | $38.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$38.25 | 11223 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 38.150 |
1 | 163 | 38.120 |
1 | 9823 | 38.100 |
2 | 581 | 38.080 |
2 | 9823 | 38.070 |
Price($) | Vol. | No. |
---|---|---|
38.250 | 11223 | 3 |
38.260 | 19693 | 1 |
38.280 | 13380 | 4 |
38.290 | 5457 | 4 |
38.300 | 5873 | 3 |
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