WBC westpac banking corporation

April 28 (Reuters) - Westpac Banking Corp (WBC) : WESTPAC...

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    April 28 (Reuters) - Westpac Banking Corp (WBC) :

    • WESTPAC ANNOUNCES $2.2BN FIRST HALF 2020 IMPAIRMENT CHARGE
    • ANNOUNCED THAT IMPAIRMENT CHARGES IN ITS FIRST HALF 2020 (1H20) RESULT ARE EXPECTED TO BE $2,238 MILLION (PRE-TAX)
    • CHARGE INCLUDES APPROXIMATELY $0.6 BILLION FROM INDIVIDUALLY ASSESSED PROVISIONS AND NET WRITE-OFFS
    • 1H20 IMPAIRMENT CHARGE OF $2,238 MILLION EQUATES TO ABOUT 62 BASIS POINTS OF GROSS LOANS (ANNUALISED)
    • CET1 CAPITAL RATIO AT 31 MARCH 2020 IS EXPECTED TO BE 10.8%
    • SEES ABOUT $1.6 BILLION OF ADDITIONAL IMPAIRMENT CHARGES PREDOMINANTLY RELATED TO COVID-19 IMPACTS
    • 1.6 BILLION ADDITION TO IMPAIRMENT CHARGE HAS A RELATIVELY SMALL IMPACT ON COMMON EQUITY TIER 1 CAPITAL RATIO CAPITAL (11 BASIS POINT DECREASE)

    Source text https://bit.ly/3cXfMFB

    (([email protected];))

 
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(20min delay)
Last
$38.50
Change
0.200(0.52%)
Mkt cap ! $131.6B
Open High Low Value Volume
$38.40 $38.50 $38.23 $100.7M 2.622M

Buyers (Bids)

No. Vol. Price($)
1 26 $38.40
 

Sellers (Offers)

Price($) Vol. No.
$38.50 54867 20
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