Westpac Banking (ASX:WBC) First Half 2024 Results
Key Financial Results
- Net loss: AU$164.0m (down by 104% from AU$4.00b profit in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Westpac Banking Earnings Insights
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Banks industry in Australia.
Performance of the Australian Banks industry.
The company’s share price is broadly unchanged from a week ago.
Risk Analysis
What about risks? Every company has them, and we’ve spotted 1 warning sign for Westpac Banking you should know about.
Valuation is complex, but we’re helping make it simple.
Find out whether Westpac Banking is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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