Westpac Banking Price, Forecast, Insider, Ratings, Fundamentals & Signals

Sydney--(business wire)--westpac banking corporation (westpac) has filed its annual report on form 20-f with the us securities and exchange commission (sec) for the financial year ended 30 september 2021 on november 3, 2021 (new york time). the report is also available on westpac’s website westpac.com.au/investorcentre in addition to its annual report, other company information available on this website related to its 2021 financial year ending includes: full year 2021 financial results; investor presentation and investor discussion pack; pillar 3 report; sustainability supplement; and notice of 2021 annual general meeting and related materials. holders of westpac’s american depositary shares (ads), listed on the new york stock exchange can find this information from our website or obtain a hard copy of westpac’s annual report (including our audited financial statements) free of charge, by contacting bank of new york mellon's shareholder service center by phone: 1-888-bny-adrs (1-888-269-2377) (toll free number for us callers), international: +1 201 680 6825 or via email: shrrelations@cpushareownerservices...

Sydney--(business wire)--westpac banking corporation (nyse:wbk), (asx:wbc): media release 1 november 2021 key points statutory net profit $5,458m, up 138% cash earnings $5,352, up 105% cash eps 146 cents, up 102% nim 2.04%, down 4bps roe 7.6%, up 372bps cet1 capital ratio 12.32%, up 119bps fully franked final dividend 60 cents per share excl. notable items2, cash earnings $6,953m, up 33% excl. notable items2, roe 9.8%, up 212bps total return to shareholders $5.7bn – $3.5bn off-market buy-back, $2.2bn dividends 2021 impairment benefit of $590m australian mortgage lending up 3% ($14.7bn) australian business lending up 4% in 2h21 total customer deposits up 4% ($24.9bn) credit quality sound – stressed exposures to total committed exposures 1...

Sydney--(business wire)--westpac banking corporation (nyse:wbk), (asx:wbc): financial results snapshot1 covid-19 deferral support3 statutory net profit $2,290m, down 66% cash earnings $2,608m, down 62% cash eps 72.5c, down 63% nim 2.08%, down 4 bps roe 3.83% cet1 capital ratio 11.13% excluding notable items2, cash earnings, $5,227m, down 34% excluding notable items2, roe 7.69% fully franked final dividend, 31cps $16.6bn in australian home loans in deferral (41,000 mortgage accounts) reduced from $54.7bn provided (146,000 mortgage accounts) $1.0bn4 in australian small business loans in deferral (4,300 small business customers) reduced from $10.1bn provided (32,900 small business customers) the result westpac group ceo, peter king, said: “2020 has been a particularly challenging year and our financial result is disappointing...

New york--(business wire)--rosen law firm, a global investor rights law firm, reminds purchasers of the securities of westpac banking corporation (nyse: wbk) between november 11, 2015 and november 19, 2019, inclusive (the “class period”) of the important march 30, 2020 lead plaintiff deadline in the securities class action first commenced by the firm. the lawsuit seeks to recover damages for westpac investors under the federal securities laws. to join the westpac class action, go to http://www.rosenlegal.com/cases-register-1762.html or call phillip kim, esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. no class has yet been certified in the above action...

New york--(business wire)--bronstein, gewirtz & grossman, llc notifies investors that a class action lawsuit has been filed against westpac banking corporation (“westpac” or the company”) (nyse: wbk) and certain of its officers, on behalf of shareholders who purchased westpac securities between november 11, 2015 and november 19, 2019, inclusive (the "class period"). such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/wbk. this class action seeks to recover damages against defendants for alleged violations of the federal securities laws under the securities exchange act of 1934. the complaint alleges that throughout the class period, defendants made false and/or misleading statements and/or failed to disclose that: (1) contrary to australian law, the company failed to report over 19...

The Australian bank said its first-half net profit fell by 16%, but it would return more capital to shareholders through an increased dividend and bigger share buyback.

Australia's Westpac Banking Corp reported a 16% drop in its first-half net profit on Monday as margins are squeezed by intense lending competition and higher costs. It also announced an increase of A$1 billion to an existing share buyback program.

Westpac Banking Corp has pushed back the closures of its regional branches until at least 2027 and will invest more than A$150 million over the next two years to improve services at these branches, the lender said early on Wednesday.

Australia faces housing affordability problems for first-time homeowners but the country's property market is fundamentally in good shape, the CEO of third-biggest lender Westpac Banking Corp said on Tuesday.

Australia's Westpac Banking Corp on Monday said its first quarter unaudited net profit was lower than its prior six-month's quarterly average, citing the impact of notable items related to hedge accounting.

Australian bank stocks retreated slightly on Tuesday after the Reserve Bank of Australia (RBA) delivered its first monetary policy decision of the year. Commonwealth Bank shares retreated by 1% to $114.37 while Westpac and NAB fell to $24.15 and $32.2, respectively.

Australia's corporate regulator said on Wednesday that a court found Westpac engaged in unethical conduct while carrying out an A$12 billion ($7.88 billion) interest rate swap transaction in 2016, the largest of its kind in the country.

Westpac Banking Corp , Australia's third largest bank by market capitalisation, said on Monday it would raise A$750 million ($488.1 million) in an Additional Tier 1 (AT1) capital transaction.

Australia's Westpac Banking Corp. has lifted its dividend and will buy back A$1.5 billion ($980 million) of its own shares as strength in mortgages boosted its profit. Adam Haigh reports on Bloomberg Television --------

Australia's Westpac Banking Corp on Monday posted a 26% rise in annual profits, helped by growth across key markets including deposits and mortgages, while also commencing an A$1.5 billion share buy-back.