Nov 5 (Reuters) - Westpac Banking Corp (WBC) reported flat cash earnings growth on Monday, missing expectations, as customer refunds and legal costs soared in the wake of damaging revelations of wrongdoing at a public inquiry.
Australia's No. 2 lender said cash earnings for the year ended Sept. 30 came in at A$8.07 billion ($5.80 billion), compared with A$8.06 billion a year ago.
That was lower than an average estimate of A$8.18 billion from six analysts polled by Reuters. ($1 = 1.3918 Australian dollars)
News: WBC Australia's Westpac FY profit flat as legal costs, refunds mount
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Last
$37.65 |
Change
-0.310(0.82%) |
Mkt cap ! $128.7B | |||
| Open | High | Low | Value | Volume |
| $37.74 | $37.76 | $37.41 | $162.0M | 4.306M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13932 | $37.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.68 | 40000 | 1 |
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| WBC (ASX) Chart |