WBC westpac banking corporation

News: WBC Westpac Sees Credit Quality Sound, Expect Some Deterioration In 2H24

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    May 6 (Reuters) - Westpac Banking Corp (WBC) :

    • SEES CREDIT QUALITY SOUND, EXPECT SOME DETERIORATION IN 2H24
    • SEES SYSTEM CREDIT GROWTH STEADY IN 2H24
    • SEES DEPOSITS MIX IMPACT STABILISING, COMPETITION RISKS REMAIN IN 2H24
    • SEES MORTGAGE COMPETITION CONTINUING, BUT MODERATING IN 2H24
    • SEES INCREASED INVESTMENT IN UNITE FROM 2H24
    • SEES COST RESET TO CONTINUE IN 2H24
    • DECLARES HY SPECIAL DIVIDEND 15 AU CENTS PER SHARE

    (([email protected];))

 
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