Westpac Banking (AU:WBC) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Westpac Banking Corporation has reported a 3% decrease in net profit after tax for the fiscal year 2024, despite strong performance in its Business division and improved customer service. The bank has increased its share buyback program by $1 billion and raised its fully franked ordinary dividends by 6%, reaching a total of 151 cents per share. Westpac’s robust capital position and enhancements in digital banking and customer security have contributed to its ongoing growth and success.
For further insights into AU:WBC stock, check out TipRanks’ Stock Analysis page.
