Bank Results

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|

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|
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