Connect with us

Hi, what are you looking for?

Investing

Westpac 1H Net Profit Rises 22% — Update

By Alice Uribe

SYDNEY–Westpac said its first-half net profit rose by 22% on year, driven by a higher net interest margin, alongside growth in home and business loans.

Still, management warned that increased mortgage competition would weigh on future margins, while credit growth would ease.

The…

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Videos

Watch full video on YouTube

News

This article was written by Follow I spent 30 years in the institutional trenches as a trader, analyst, and portfolio manager, eventually running the...

Videos

Watch full video on YouTube