May 8 (Reuters) - Westpac Banking Corp (WBC)
- HY cash earnings $4,017 million, up 3%
- HY reported net interest margin decreased 4 basis points to 2.05%
- HY statutory net profit $3,907 million, up 6%
- 94 cents per share interim, fully franked dividend
- "We remain positive about Australian housing market, although we expect price growth to moderate through 2017"
- "2017 financial system credit is expected to grow at around 5.5%"
- H1 2017 Common Equity Tier 1 Ratio (APRA BASEL III) 9.97 percent versus 10.47 percent
- "Housing credit growth is likely to ease a little as demand slows"
- HY net interest income $7,693 million versus $7,653 million
- H1 2017 cash earnings return on average ordinary equity 13.95 percent versus 14.15 percent last year
May 8 (Reuters) - Westpac Banking Corp (WBC) HY cash earnings...
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Last
$38.47 |
Change
0.520(1.37%) |
Mkt cap ! $131.6B | |||
| Open | High | Low | Value | Volume |
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| WBC (ASX) Chart |