Extract from GS analyst note on Westpac today:
We update the analysis we did previously (here) to review lessons learned from previous banking incidents, including CBA’s 2017AUSTRAC case and NAB’s 2004 irregular foreign currency options trading issue.
We find:
1. In all cases, banks underperform peers in the 12 months after the incident by an average of 18%,
2. Generally, underperformance in the first 3-4 months has been driven by multiple contraction, and thereafter EPS downgrades drive stock underperformance,
3. Share price volatility continues for at least60 trading days after the announcement of the event.
Underlying message: no need to rush into buying
- Forums
- ASX - By Stock
- WBC
- WBC: what the past can teach us
WBC
westpac banking corporation
Add to My Watchlist
0.03%
!
$33.87

WBC: what the past can teach us
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
$33.87 |
Change
0.010(0.03%) |
Mkt cap ! $115.9B |
Open | High | Low | Value | Volume |
$33.87 | $34.04 | $33.57 | $152.1M | 4.490M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 8302 | $33.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$33.90 | 40000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 8302 | 33.870 |
3 | 18288 | 33.840 |
3 | 10816 | 33.820 |
5 | 3486 | 33.800 |
1 | 8288 | 33.790 |
Price($) | Vol. | No. |
---|---|---|
33.940 | 1206 | 2 |
33.960 | 1000 | 1 |
33.990 | 1318 | 2 |
34.000 | 118734 | 16 |
34.030 | 8288 | 1 |
Last trade - 16.11pm 01/07/2025 (20 minute delay) ? |
Featured News
WBC (ASX) Chart |
The Watchlist
RC1
REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
Non-Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online