But wait… there’s more.. below an excerpt from The Australian
….”Westpac has warned that its net profit and cash earnings in the second half of the 2022 year will be hit by $1.3bn, primarily due to a loss of $1.1bn on the sale of Westpac Life Insurance. Other items include expenses and revaluations associated with the sale of Advance Asset Management and xpenses and writedowns associated with reducing its corporate and branch footprint…….”
Yikes!
How do the CEO and his inner team and the board excuse their 7 figure salaries?
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Last
$33.99 |
Change
0.080(0.24%) |
Mkt cap ! $116.2B | |||
| Open | High | Low | Value | Volume |
| $33.90 | $34.00 | $33.65 | $99.58M | 2.935M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1475 | $33.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.99 | 385 | 1 |
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| Last trade - 16.15pm 07/08/2025 (20 minute delay) ? |
| WBC (ASX) Chart |