April 28 (Reuters) - Australia's Westpac Banking Corp (WBC) on Tuesday said it expects to record pre-tax impairment provisions in its first-half results of A$2.24 billion ($1.44 billion), which includes provisions for an expected jump in credit losses due to the coronavirus outbreak.
About A$1.6 billion of the impairment charges are predominantly related to COVID-19 impacts, the country's second-largest lender said.
The impairments are in addition to provisions of A$1.43 billion the lender announced earlier this month, mostly for an expected fine over accusations it enabled millions of illegal payments, including between known child sex offenders.
($1 = 1.5513 Australian dollars)
- Forums
- ASX - By Stock
- WBC
- News: WBC Australia's Westpac to take $1.44 bln impairment charge in H1 result
WBC
westpac banking corporation
Add to My Watchlist
1.28%
!
$34.09

News: WBC Australia's Westpac to take $1.44 bln impairment charge in H1 result
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$34.09 |
Change
0.430(1.28%) |
Mkt cap ! $116.5B |
Open | High | Low | Value | Volume |
$33.89 | $34.15 | $33.71 | $38.16M | 1.122M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 1756 | $34.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$34.09 | 718 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 845 | 34.080 |
16 | 3339 | 34.070 |
8 | 2410 | 34.060 |
5 | 1897 | 34.050 |
8 | 2757 | 34.040 |
Price($) | Vol. | No. |
---|---|---|
34.090 | 2267 | 9 |
34.100 | 7177 | 16 |
34.110 | 22717 | 12 |
34.120 | 3733 | 10 |
34.130 | 3843 | 12 |
Last trade - 13.24pm 11/08/2025 (20 minute delay) ? |
Featured News
WBC (ASX) Chart |