




(Reuters) - Australia's Westpac Banking (NYSE:WBK) Corp on Monday posted over a 12% drop in first-half cash earnings, as its margins continued to be squeezed by stiff competition in mortgage lending amid record low interest rates and certain impairment charges.
Australia's "Big Four" banks enjoyed a boom in home lending helped by low rates and a pandemic-fuelled shift to remote working that buoyed property markets. But their margins have been hit by competition and by borrowers moving to fixed-rate loans.
Westpac, which is also emerging from a costly turnaround to fix outdated software and convoluted procedures, said net interest margin - a key profitability indicator - fell 15 basis points to 1.91% in the first half.
It recorded an impairment charge of A$139 million, as the bank set aside provisions for bad debts amid weather-related risks in Australia as well as the broader global uncertainties.
The country's third-largest bank reported cash earnings of A$3.10 billion ($2.19 billion) for the six months ended March 31, compared with A$3.54 billion reported last year, but beat Visible Alpha consensus forecast of A$2.83 billion.
Last week, its peers National Australian Bank and Australia and New Zealand Banking Group had forecast that their margins would benefit after the country's central bank hiked rates and signalled more to come.
Westpac declared a dividend of 61 Australian cents per share, compared with 58 Australian cents last year.
($1 = 1.4154 Australian dollars)
EUR/USD
1.0683
+0.0123 (+1.17%)
Summary
BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (4)
Sell (0)
EUR/USD
1.0683
+0.0123 (+1.17%)
Summary
BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (4)
Sell (0)
GBP/USD
1.2572
+0.0085 (+0.68%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (0)
USD/JPY
127.89
+0.04 (+0.03%)
Summary
↑ BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (6)
Sell (0)
AUD/USD
0.7103
+0.0070 (+1.00%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (0)
USD/CAD
1.2783
-0.0053 (-0.41%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (1)
Sell (7)
EUR/JPY
136.62
+1.61 (+1.19%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (9)
Sell (0)
EUR/CHF
1.0326
+0.0031 (+0.30%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (1)
Gold Futures
1,854.05
+11.95 (+0.65%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (0)
Silver Futures
21.819
+0.145 (+0.67%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (10)
Sell (0)
Copper Futures
4.3390
+0.0640 (+1.50%)
Summary
↑ BuyMoving Avg:
Buy (7)
Sell (5)
Indicators:
Buy (6)
Sell (3)
Crude Oil WTI Futures
110.25
-0.03 (-0.03%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (6)
Sell (2)
Brent Oil Futures
110.75
+0.76 (+0.69%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (2)
Natural Gas Futures
8.783
+0.605 (+7.40%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (0)
US Coffee C Futures
215.58
-0.27 (-0.13%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (1)
Euro Stoxx 50
3,708.39
+51.36 (+1.40%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (6)
Sell (0)
S&P 500
3,975.70
+74.34 (+1.91%)
Summary
BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (4)
Sell (3)
DAX
14,175.40
+193.49 (+1.38%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (0)
FTSE 100
7,513.44
+123.46 (+1.67%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (1)
Hang Seng
20,470.06
-247.18 (-1.19%)
Summary
NeutralMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (3)
Sell (4)
US Small Cap 2000
1,796.20
+27.85 (+1.57%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (10)
Sell (0)
IBEX 35
8,625.80
+141.30 (+1.67%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (6)
Sell (0)
BASF SE NA O.N.
49.735
+0.885 (+1.81%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (0)
Bayer AG NA
64.47
+0.73 (+1.15%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (8)
Sell (0)
Allianz SE VNA O.N.
199.38
+3.80 (+1.94%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (1)
Adidas AG
175.48
+2.68 (+1.55%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (0)
Deutsche Lufthansa AG
6.903
+0.051 (+0.74%)
Summary
NeutralMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (2)
Sell (3)
Siemens AG Class N
116.70
+1.62 (+1.41%)
Summary
↑ BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (7)
Sell (1)
Deutsche Bank AG
10.018
+0.656 (+7.01%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (0)
EUR/USD | 1.0683 | Buy | |||
GBP/USD | 1.2572 | ↑ Buy | |||
USD/JPY | 127.89 | ↑ Buy | |||
AUD/USD | 0.7103 | ↑ Buy | |||
USD/CAD | 1.2783 | ↑ Sell | |||
EUR/JPY | 136.62 | ↑ Buy | |||
EUR/CHF | 1.0326 | ↑ Buy |
Gold | 1,854.05 | ↑ Buy | |||
Silver | 21.819 | ↑ Buy | |||
Copper | 4.3390 | ↑ Buy | |||
Crude Oil WTI | 110.25 | ↑ Buy | |||
Brent Oil | 110.75 | ↑ Buy | |||
Natural Gas | 8.783 | ↑ Buy | |||
US Coffee C | 215.58 | ↑ Buy |
Euro Stoxx 50 | 3,708.39 | ↑ Buy | |||
S&P 500 | 3,975.70 | Buy | |||
DAX | 14,175.40 | ↑ Buy | |||
FTSE 100 | 7,513.44 | ↑ Buy | |||
Hang Seng | 20,470.06 | Neutral | |||
Small Cap 2000 | 1,796.20 | ↑ Buy | |||
IBEX 35 | 8,625.80 | ↑ Buy |
BASF | 49.735 | ↑ Buy | |||
Bayer | 64.47 | ↑ Buy | |||
Allianz | 199.38 | ↑ Buy | |||
Adidas | 175.48 | ↑ Buy | |||
Lufthansa | 6.903 | Neutral | |||
Siemens AG | 116.70 | ↑ Buy | |||
Deutsche Bank AG | 10.018 | ↑ Buy |
Mua/Bán 1 chỉ SJC # So hôm qua # Chênh TG | |
---|---|
SJC Eximbank | 6,890/ 6,990 (0/ 0) # 1,765 |
SJC HCM | 6,905/ 6,995 (0/ 0) # 1,769 |
SJC Hanoi | 6,905/ 6,997 (0/ 0) # 1,771 |
SJC Danang | 6,905/ 6,997 (0/ 0) # 1,771 |
SJC Nhatrang | 6,905/ 6,997 (0/ 0) # 1,771 |
SJC Cantho | 6,905/ 6,997 (0/ 0) # 1,771 |
Cập nhật 24-05-2022 01:24:12 | |
Xem lịch sử giá vàng SJC: nhấn đây! |
ↀ Giá vàng thế giới | ||
---|---|---|
$1,853.47 | +7.65 | 0.41% |
ʘ Giá bán lẻ xăng dầu | ||
---|---|---|
Sản phẩm | Vùng 1 | Vùng 2 |
RON 95-V | 31.250 | 31.870 |
RON 95-III | 30.650 | 31.260 |
E5 RON 92-II | 29.630 | 30.220 |
DO 0.05S | 25.550 | 26.060 |
DO 0,001S-V | 26.350 | 26.870 |
Dầu hỏa 2-K | 24.400 | 24.880 |
ↂ Giá dầu thô thế giới | |||
---|---|---|---|
WTI | $110.13 | +0.39 | 0.36% |
Brent | $113.29 | -0.3 | -0.27% |
$ Tỷ giá Vietcombank | ||
---|---|---|
Ngoại tệ | Mua vào | Bán ra |
USD | 23.005,00 | 23.315,00 |
EUR | 23.899,86 | 25.238,69 |
GBP | 28.277,10 | 29.483,51 |
JPY | 176,47 | 186,83 |
KRW | 15,80 | 19,25 |
Cập nhật lúc 18:52:02 23/05/2022 Xem bảng tỷ giá hối đoái |