Previous Close | 24.38 |
Open | 24.44 |
Bid | 24.46 x 0 |
Ask | 24.47 x 0 |
Day's Range | 24.41 - 24.61 |
52 Week Range | 20.00 - 27.12 |
Volume | |
Avg. Volume | 7,525,563 |
Market Cap | 89.649B |
Beta (5Y Monthly) | 0.80 |
PE Ratio (TTM) | 17.75 |
EPS (TTM) | 1.38 |
Earnings Date | May 02, 2022 - May 06, 2022 |
Forward Dividend & Yield | 1.21 (5.04%) |
Ex-Dividend Date | May 19, 2022 |
1y Target Est | 25.32 |
Westpac Banking Corporation ( ASX:WBC ) has announced that it will be increasing its dividend on the 24th of June to...
(Reuters) -Australia's Westpac Banking Corp said on Monday it was on track to meet its expense targets by 2024 even as inflation drives peers to abandon their cost-cut plans, while the lender's half-year earnings beat estimates, sending its shares 3% higher. Westpac, which is emerging from an expensive turnaround to fix outdated software and convoluted banking procedures, said it cut more than 4,000 jobs in the first half and expenses fell 27% from second half of 2021. The bank reiterated reining in costs within A$8 billion ($5.60 billion) by fiscal 2024, unlike peer National Australia Bank, which last week scrapped its cost reduction plans, owing to rising inflation.
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