Bank Results

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|

Reporting Season – Commonwealth Bank

Commonwealth Bank (CBA)  reported its full-year results for the 2024 financial year which were better than expected. Though due to the run up in the company’s share price since May ($110 to ~$135) any disappointment would have been treated harshly. [...]

2024-08-22T18:34:43+10:00August 14, 2024|

2024 (May) Bank Results – Westpac Banking Corporation

Westpac Banking Corporation (WBC) released its first half-year results for 2024, which came in above market expectations. Shareholders were rewarded for their patience with a special dividend and a large on-market buy-back. Westpac is the second of the big four banks to report [...]

2024-05-17T14:44:20+10:00May 6, 2024|

Quarter Update – Westpac Banking Corporation

This morning, Westpac Banking Corporation (WBC) provided a first-quarter update. 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 move warrants a brief note. The HNW Equity [...]

2024-02-23T12:57:29+11:00February 19, 2024|

2023 (November) Bank Results – Westpac Banking Corporation

Westpac Banking Corporation (WBC) released its full-year results, which came in line with market expectations, though we were pleasantly surprised about the buyback. Westpac is the first of the big four banks to report their full-year results this season, with Macquarie [...]

2023-11-30T15:11:04+11:00November 6, 2023|

2023 (November) Bank Results – Macquarie Group

Macquarie Group (MQG): This morning, the global investment bank reported its half-year results for 2024, which were solid despite the half having much fewer investment banking deals and volatility in the marketplace. The HNW Equities Portfolio holds a 6% weight with [...]

2023-11-30T15:13:14+11:00November 3, 2023|
Go to Top