The beauty of markets today, particularly with banks, is that analysts have pretty good data to foreshadow profitability. When they, Banks, make announcements it is mostly very close to the mark.
CBA is predicted to report this week over $4.5B in profit with $2 dividend. Watch and wait, you will get a result close to this, and the SP has factored it in. Any slight deviation in earnings will see muted movements in SP, but it will be the outlook statement that will be closely watched.
WBC Price at posting:
$25.01 Sentiment: Buy Disclosure: Held
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