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28 February 2022, 12:00 PM
Australian Finance Group (ASX:AFG) has reported 1H22 NPAT of $30.033m, 0.8% better than we expected. An interim dividend of 7.0cps fully franked has been declared, slightly better than our expectation of 6.7cps.
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10 February 2022, 9:30 AM
Commonwealth Bank (ASX:CBA) has announced 1H22 cash NPAT of $4,846m, 12% better than we expected and ~10% better than consensus. The beat has been driven by a strong revenue outcome and credit loss provision release.
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By Richard Coles
09 February 2022, 10:00 AM
Suncorp Group's (ASX:SUN) 1H22 NPAT (A$388m, down 21% on pcp) was 22% above company-compiled consensus (A$316m) and the 1H22 dividend (23cps) was 26% above consensus (17cps).
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08 February 2022, 9:30 AM
ANZ Banking Group (ASX:ANZ) has today provided a 1Q22 market update alongside its Pillar 3 release; however, no earnings figures for 1Q22 have been provided.
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By
04 February 2022, 8:30 AM
As part of a 1Q22 trading update, Westpac Banking Corp (ASX:WBC) has announced 1Q22 unaudited cash earnings of $1.58bn.
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20 January 2022, 12:00 PM
Commonwealth Bank (ASX:CBA) is scheduled to report its 1H22 result on 9 February 2022.
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By
06 December 2021, 7:30 AM
We have an overweight stance on the major banks sector. We continue to believe that balance sheet strength, robust dividend yields, potential for further capital management and improving cost efficiency over the medium term are the key reasons to be invested in the sector.
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18 November 2021, 9:30 AM
Commonwealth Bank's (ASX:CBA) 1Q22 unaudited cash NPAT is ~9% lower than our expectation largely due to the net interest margin (NIM) being significantly lower than our expectation, non-interest income softness and higher-than-expected operating expenses.
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10 November 2021, 9:00 AM
National Australia Bank (ASX:NAB) has announced cash earnings from continuing operations of $6,558m, 0.6% lower than our expectation.
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By
02 November 2021, 11:00 AM
Westpac Banking Corp (ASX:WBC) has posted FY21 cash earnings which are 2.2% better than our expectation. The beat is largely the result of a larger credit loss provision release than we expected, more than offsetting a very soft net interest margin outcome.
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