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Wespac looks like giving us all an indication of what we can expect from banks this year:[ATTACH=full]123686[/ATTACH]Their CEO said “First half earnings were considerably higher than the prior corresponding period, mainly due to an impairment benefit reflecting improved asset quality and a better economic outlook. Notable items were also lower. We improved balance sheet strength, with our Common Equity Tier 1 capital ratio rising 153 basis points to 12.34 per cent."
Wespac looks like giving us all an indication of what we can expect from banks this year:
[ATTACH=full]123686[/ATTACH]
Their CEO said “First half earnings were considerably higher than the prior corresponding period, mainly due to an impairment benefit reflecting improved asset quality and a better economic outlook. Notable items were also lower. We improved balance sheet strength, with our Common Equity Tier 1 capital ratio rising 153 basis points to 12.34 per cent."
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