WBC westpac banking corporation

But wait… there’s more.. below an excerpt from The...

  1. 2,496 Posts.
    lightbulb Created with Sketch. 101
    But wait… there’s more.. below an excerpt from The Australian

    ….”Westpac has warned that its net profit and cash earnings in the second half of the 2022 year will be hit by $1.3bn, primarily due to a loss of $1.1bn on the sale of Westpac Life Insurance. Other items include expenses and revaluations associated with the sale of Advance Asset Management and xpenses and writedowns associated with reducing its corporate and branch footprint…….”

    Yikes!

    How do the CEO and his inner team and the board excuse their 7 figure salaries?


 
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.
(20min delay)
Last
$33.46
Change
-0.360(1.06%)
Mkt cap ! $114.5B
Open High Low Value Volume
$33.58 $33.66 $33.29 $21.51M 643.5K

Buyers (Bids)

No. Vol. Price($)
8 217 $33.46
 

Sellers (Offers)

Price($) Vol. No.
$33.47 902 9
View Market Depth
Last trade - 11.47am 01/08/2025 (20 minute delay) ?
WBC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.