Difficult to see growth in bank stks when credit growth rate at a 18 year low and is only just above zero at 2.5%. It was 16% in 2008. If bad debts increase, then banks will find it very hard to maintain current earnings. Avoid/sell despite good divs is my take on banks.
is anybody buying banks??, page-5
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Last
$31.86 |
Change
-0.485(1.50%) |
Mkt cap ! $109.8B | |||
| Open | High | Low | Value | Volume |
| $32.00 | $32.00 | $31.65 | $126.6M | 3.971M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 5564 | $31.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.86 | 4662 | 31 |
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| Last trade - 14.20pm 27/09/2024 (20 minute delay) ? |
| WBC (ASX) Chart |