Bank Results

Portfolio Update – Macquarie Group

Macquarie Group (MQG): This morning, the global investment bank reported its first-half results for 2026, which were solid, with the mortgage bank and asset management offsetting losses in commodities. The HNW Portfolio has a 6% weighting to Macquarie Group. Key Points: [...]

2025-11-13T09:29:07+11:00November 7, 2025|

Reporting Season – Westpac Banking Corporation

Westpac Banking Corporation (WBC) released its full-year results for 2025, which were largely in line with market expectations albeit with a few pleasant surprises. Westpac is the first of the big four banks to report its full-year results this season, with [...]

2025-11-13T09:33:18+11:00November 3, 2025|

Reporting Season – Westpac Banking Corporation

This morning, Westpac Banking Corporation (WBC) provided a third-quarter update, which came in above market expectations. We typically refrain from commenting on trading updates, as they are often too volatile and can provide a misleading picture, both positive and negative. However, today's [...]

2025-08-21T12:31:14+10:00August 14, 2025|

Reporting Season – Commonwealth Bank

Commonwealth Bank (CBA) reported its full-year results for 2025, which showed that the underlying business was operating solidly as Australia's largest company. Due to the breadth of its lending activities, which touch every sector, CBA is closely watched for a read [...]

2025-08-21T12:20:44+10:00August 13, 2025|

Portfolio Update – Macquarie Group

Macquarie Group (MQG): This morning, the global investment bank reported its full results for 2025, which were solid despite the half having much fewer investment banking deals and increased volatility in the marketplace. Overall, a solid result from the vampire kangaroo [...]

2025-08-08T17:11:20+10:00May 9, 2025|

Reporting Season – Westpac Banking Corporation

Westpac Banking Corporation (WBC) released its half-year results for 2025, which came in line with market expectations. Westpac is the first of the big four banks to report their full-year results this season, with ANZ and NAB later this week and [...]

2025-08-08T17:12:53+10:00May 5, 2025|

Reporting Season – Westpac Banking Corp.

This morning, Westpac Banking Corporation (WBC) provided a first-quarter update, which came in above market expectations. We usually don't comment on trading updates as they are too volatile and can give a misleading picture, both positive and negative, but today's share price [...]

2024-08-22T18:34:34+10:00August 19, 2024|
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