Westpac Profits Rise
Published on February 16, 2010 by
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
Posted in Money
No Comments