Why are Westpac Shares (ASX: WBC) Still Falling?
Westpac Banking Corporation (ASX: WBC), one of Australia’s “Big Four” banks and the nation’s second-largest home lender, has entered a pivotal phase marked by heightened volatility, margin compression, and ambitious transformation efforts. In today’s session, Westpac shares fell 4% to $30.50, capping off a week of choppy trading that has seen WBC lose 7.41% and…
Upcoming Earnings and Dividends – 5th May 2025
In this article we take a look at the upcoming dividends and earnings to watch out for on the ASX this week. Upcoming Earnings For the second week in a row, earnings report releases were up . More than 50 blue chips, mid-caps, small caps, and penny stocks posted Quarterly Earnings for Q1…
Westpac Shares Give Back YTD Gains as H1 Profit Declines
Westpac shares (ASX: WBC) have shed 2.99% to begin the new week almost back where it started 2025. With financial results for H1 missing expectations, the WBC share price is left clinging on to $0.04 (0.12%) in gains YTD. The bank’s reported net profit after tax reached $3.32 billion, falling shy of the $3.43 billion…
Westpac Shares (ASX: WBC) Move Red YTD as One-Off Items Impact Profit
Westpac shares (ASX: WBC) have moved into negative territory on a year-to-date basis, down 0.31%, having shed 5.97% over the past 5 trading sessions. The recent dip comes as the banking group released earnings, posting a Q1 profit of A$1.7 billion, reflecting a 9% decline due to specific one-off items. The company’s earnings for the…
Wespac Shares Offer Outperformance in ASX 200 Banks Index
Amidst a year of impressive growth for ASX 200 bank stocks, Westpac shares (ASX: WBC) has emerged as a standout performer amongst the big 4. The S&P/ASX 200 Banks Index showcased impressive gains of more than 30% in 2024, and Westpac’s performance has been noteworthy in this upward trend. Starting the year around $23 per…
Westpac Rewards Shareholders Despite Earnings Dip
In a climate of financial headwinds, Westpac Banking Corporation (ASX: WBC) has revealed a downturn in its financial performance for the half-year period ending in March. The Australian banking titan registered a 16% decrease in net profit amid challenging market conditions. Consequently, Westpac’s earnings experienced an 8% contraction, coming in at $3.506 billion. Despite this…
Westpac shares (ASX: WBC) down 1.07% today – analysts differ from sentiment
Westpac shares (ASX: WBC) ended the day firmly in the red, 1.07% down as the Aussie bank stocks and the markets generally pulled back to start Q2. Taking a closer look at Westpac reveals some interesting numbers and forecasts. Riding the wave of a 11.92% increase since the start of the year, Westpac Banking Corp…
Has Westpac Chairman Steven Gregg Set Timeline for CEO Transition?
Westpac Banking Corporation has embarked on an urgent quest to appoint a new Chief Executive Officer (CEO) before the year’s end, as newly instated chairman Steven Gregg has informed a select gathering of analysts and investors. The current CEO, Peter King, who has been at the helm of the institution during a time of substantial…
Westpac Banking Corp (ASX:WBC) Outpace Market with Strong Start to 2024
Investors of Westpac Banking Corp (ASX: WBC) have significant reasons to smile as the banking giant’s share price has impressively risen by 20.2% since the turn of the year, showcasing a performance that may raise expectations of whether it can surpass the broader market index, the All Ordinaries (XAO). As of the latest market data,…
