At below $20, WBC is at a silly price IMHO far below $25 or say it’s more historical levels of $30 or $35.
With interest rates rising, that should be good for margins.
Regulatory fines have already hit Westpac so you would hope they have learnt their lesson prior to the heavier regulation coming from the new Government, so all looks rosy.
WBC Price at posting:
$19.94 Sentiment: Hold Disclosure: Not Held
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