WBC results are steady = good
"It's fairly obvious that we are through the best part of the impairment cycle," Hartzer said on a post-earnings call. "Having said that ... stressed levels are fairly stable and we don't see a broad-based deterioration in asset quality."
The nation's oldest bank declared an interim dividend of 94 cents a share, unchanged from the final dividend of 2015.
Westpac has grown dividends consistently since September 2009...(and it will again in 2017 )
"This is prudent = Good management of Capital.
Cash earnings for the six months ended March 31 rose to a record A$3.9 billion ($2.96 billion) compared with A$3.78 billion a year ago .. led by growth in mortgages and corporate loans.
Net interest income, the difference of interest earned and paid out, rose 10 percent with net interest margins, a key gauge of profitability, increased to 2.14 percent. ($1 = 1.3161 Australian dollars)
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Last
$36.20 |
Change
0.000(0.00%) |
Mkt cap ! $112.0B |
Open | High | Low | Value | Volume |
0.0¢ | $36.49 | $36.06 | $2.390M | 67.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 10199 | $38.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$34.35 | 1316 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 108 | 38.010 |
1 | 195 | 38.000 |
2 | 2307 | 37.970 |
3 | 4901 | 37.330 |
1 | 200 | 37.280 |
Price($) | Vol. | No. |
---|---|---|
34.350 | 1316 | 2 |
34.390 | 3915 | 11 |
34.430 | 474 | 1 |
34.970 | 186 | 4 |
35.040 | 472 | 2 |
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