Westpac “in very good shape” as Peter King delivers final result as …
1 day ago · Peter King has delivered his last annual result as Westpac CEO and says the bank is in good shape for the future ahead of December’s change in leadership. Westpac posted a 3 per cent fall in net profit to $7 billion, while unveiling a final dividend of 76 cents for the half and a $1 billion increase to the existing share buyback programme.
WBC shares: Westpac CEO Peter King says Anthony Miller will …
1 day ago · Westpac uses a core ledger built by CSC Hogan, while St George operates on Celeriti. There are more than 100 disparate systems for managing operations such as payments, ID and collections that ...
Westpac CEO’s final profit a reminder how much banking has …
1 day ago · Westpac chief executive Peter King’s fifth and final result as CEO was in-line with analyst expectations on Monday. ... The good news for Miller, who will steer the ship from December 16, is ...
Westpac’s King signs off with $7b profit, juicy dividend
1 day ago · Westpac declared a fully franked 76¢-a-share final dividend, increased from 72¢. Its total dividend for the financial year was $1.66 a share, including a 15¢ special dividend paid in the first ...
Westpac Profit Tops Estimates as Bank Increases Share Buyback
2 days ago · Westpac Banking Corp.’s profit beat estimates as higher interest rates buoyed the bank’s margins and handed investors an additional buyback worth A$1 billion ($660 million) as well as a ...
Westpac FY24 results: Westpac's post-tax profit slips to $7 billion
1 day ago · Westpac's post-tax net profit fell by three per cent to $7 billion. (APP) Outgoing chief executive Peter King maintained the bank's capital position was "one of the strongest I've seen".
Westpac Says Annual Profit Falls 3%, Upbeat on Prospects — …
1 day ago · In Westpac's business division, full-year net profit rose by 13% to A$2.36 billion. For the institutional bank, net profit rose by 2% to A$1.37 billion. Write to David Winning at [email protected]
The two decisions that stand to shape Westpac’s future
1 day ago · Even as a smaller bank, Westpac’s measure of revenue of per employee at $612,000 has remained largely flat over the past five years, even with headline profit going backwards. This shows more ...
Westpac to buy back $1bn in shares as bank posts $7bn profit
2 days ago · Westpac declared a 76 final dividend, taking total returns for the year to $1.51. The bank had handed out a 75c dividend in the first half of the financial year, plus a further 15c special ...
Westpac announces new buyback, special dividend as profit slumps
May 6, 2024 · Australian bank Westpac raised its share repurchase programme by A$1 billion ($661 million) and declared a special dividend on Monday citing a strong balance sheet, even as its first-half profit...
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