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Westpac profit down but still rakes in $6.8b and lifts dividend

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Westpac profit down but still rakes in $6.8b and lifts dividend

The bank said that interest rates will remain “elevated” and predicts a 10.9 per cent fall in home prices for the year to March.

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Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Westpac profit down but still rakes in $6.8b and lifts dividend AFR

Source: AFR

This story

12 out of 100

“Westpac profit down but still rakes in $6.8b and lifts dividend” scores 12 out of 100. The score uses 1 sources.