Westpac Banking Corporation Stock News

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$

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, th

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

The Australian banking trade union said on Thursday that Westpac Banking Corp , one of the country's top lenders, has cut around 132 jobs across divisions, with some of these roles being shifted to co

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 accou

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 $11

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

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.

Westpac Group , Australia's fourth-largest bank by market capitalisation, on Wednesday cut ties with scandal-tainted auditor PricewaterhouseCoopers (PwC) Australia, ending a relationship stretching ba

Westpac Banking Corporation (NYSE:WBK ) Q4 2023 Results Conference Call November 5, 2023 6:00 PM ET Company Participants Justin McCarthy - GM of Investor Relations Peter King - CEO, MD & Director Mich

Westpac (ASX: WBC) share price jumped to the highest level since August 1st after the company published strong financial results. The stock jumped to a high of $A22.35, which was up by almost 10% from

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

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-b

Australia's Westpac Banking Corp said on Wednesday that it projects its reported net profit after tax in fiscal 2023 will be reduced by A$173 million due to certain one-off items, including the sale o