Don't have the Pe's or EPS data.
I can see though that all three banks ( CBA , WBC & ANZ ) are paying higher dividends today than they were back in 2007 & 2008.
ATM the NAB is paying a dividend that is about 14 cents ps pa lower than what they were paying back in 2007 & 2008. I assume their PE and EPS are probably roughly similar to what it was in 2007 and 2008.....so I wonder how much provision for bad debt ( re the UK business ) is currently factored into the dividend payout?????
I will keep digging though.
how wrong were they?, page-21
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