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NAB Earnings Jump

Published on February 19, 2010 by Technology Slice

NAB Earnings Jump – NAB has increased cash earnings by 20 per cent in the first quarter of fiscal 2010, from the final quarter of the previous year, after bad and doubtful debt charges fell. The bank’s cash earnings for the three months ended December 31 totalled $1.1 billion and included a contribution of $33 [...]

Tags: 1 Billion, Acquisitions, Assets, Business Performance, Cameron, Cash Earnings, Chief Executive, Dd, December 31, Decline, Doubtful Debts, Earnings Improvement, First Quarter, Gross Loans, nab, Previous Year, Quarter Result, Sound Business, Three Months Ended December
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Westpac Profits Rise

Published on February 16, 2010 by Technology Slice

Westpac has delivered its latest earnings update, saying its December quarter performance shows clear signs of an improved banking environment. It says unaudited cash earnings for the quarter have come in at $1.6 billion, a 33 per cent rise since the same period a year earlier. The bank has attributed the improved earnings to a [...]

Tags: Asset Impairment, Asset Quality, Bad Debts, Cash Earnings, Chief Executive, Delinquencies, Economic Outlook, Impairment Charges, Market Share, Profits, Quarter Performance, Signs, Westpac
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NAB Earnings Jump

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