Business
Westpac (ASX:WBC) share price on watch as it delivers $2bn quarterly profit result – The Motley Fool Australia
The Westpac Banking Corp (ASX: WBC) share price will be in the spotlight this morning after it posted a $1.97 billion quarterly cash profit.
The Westpac Banking Corp(ASX: WBC) share price will be in the spotlight this morning after it posted a $1.97 billion quarterly cash profit.
The big bank’s result reaffirms the recovery in the sector as the December quarter profit was up on the 2HFY20 quarterly average of $808 million.
Westpac’s statutory net profit was also sharply higher at $1.7 billion compared to the average $550 million in its second half.
The real highlight in Westpac’s results
But Westpac managed to do something its peers…
-
Noosa News24 hours agoMitch Power Quick Shear event gets men talking about mental health
-
Noosa News17 hours agoNRL live updates: Newcastle Knights vs Melbourne Storm, St George Illawarra Dragons vs Sydney Roosters, North Queensland Cowboys vs Canterbury Bulldogs
-
Noosa News20 hours agoSugarcane fields reveal devastating long-term impact of north Queensland floods
-
Noosa News18 hours ago‘Shocked’ Labor calls in corruption watchdog over CFMEU report