WBC westpac banking corporation

News: WBC Westpac Reportes Net Profit And Cash Earnings In 2H22 Will Be Reduced By A$1.3 Billion...

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    Oct 24 (Reuters) - Westpac Banking Corp (WBC) :

    • REPORTED NET PROFIT AND CASH EARNINGS IN 2H22 WILL BE REDUCED BY A$1.3 BILLION DUE TO NOTABLE ITEMS
    • NOTABLE ITEMS AFTER TAX FOR 2H22 INCLUDE A LOSS OF A$1.1 BILLION ON SALE OF WESTPAC LIFE INSURANCE LIMITED
    • NET IMPACT OF THESE NOTABLE ITEMS ON OUR COMMON EQUITY TIER 1 CAPITAL RATIO WAS A POSITIVE 12 BASIS POINTS
    • NOTABLE ITEMS AFTER TAX FOR 2H22 INCLUDE LOSS OF A$1.1 BILLION ON SALE OF WESTPAC LIFE INSURANCE LIMITED
    • NOTABLE ITEMS AFTER TAX FOR 2H22 INCLUDE INCREASE IN PROVISIONS FOR CUSTOMER REFUNDS, ASSOCIATED COSTS AND LITIGATION COSTS
    • NOTABLE ITEMS AFTER TAX FOR 2H22 INCLUDE EXPENSES AND WRITE-DOWNS ASSOCIATED WITH REDUCING CORPORATE AND BRANCH FOOTPRINT
 
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Last
$38.98
Change
0.250(0.65%)
Mkt cap ! $133.3B
Open High Low Value Volume
$38.71 $39.13 $38.64 $320.9M 8.564M

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No. Vol. Price($)
1 154 $38.80
 

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Price($) Vol. No.
$39.00 10000 1
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