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WBK - WBK STOCK NEWS

Welcome to our dedicated page for WBK news (Ticker: WBK), a resource for investors and traders seeking the latest updates and insights on WBK stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect WBK's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of WBK's position in the market.

Rhea-AI Summary

Westpac Banking Corporation has submitted its Annual Report on Form 20-F to the US Securities and Exchange Commission, covering the financial year that ended on 30 September 2021. This submission took place on 3 November 2021. The report includes comprehensive financial data and is accessible on Westpac’s investor website. Additional resources such as the Full Year Financial Results, Investor Presentation, Pillar 3 Report, and Sustainability Supplement are also available for stakeholders. American Depositary Shares holders can request a free hard copy of the Annual Report.

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Rhea-AI Summary

Westpac Banking Corporation (NYSE:WBK) reported a statutory net profit of $5,458 million, a remarkable rise of 138% in the fiscal year 2021. Cash earnings also increased by 105% to $5,352 million, with cash EPS at 146 cents, up 102%. The fully franked final dividend declared is 60 cents per share. Notably, total return to shareholders reached $5.7 billion, driven by a $3.5 billion off-market buy-back and $2.2 billion in dividends. However, net interest margin decreased to 2.04%, reflecting competitive pressures.

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WBK

NYSE:WBK

WBK Rankings

WBK Stock Data

3.67B
Commercial Banking
Finance and Insurance
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Australia
Sydney