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15 June 2021, 4:30 PM
Bank of Queensland (ASX:BOQ) has announced that its collective provision balance reduced by $75m over the quarter ended 31 May 2021.
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08 June 2021, 10:30 AM
National Australia Bank (ASX:NAB) has been informed by AUSTRAC that AUSTRAC has identified serious concerns with NAB’s compliance with the AML/CTF Act 2006 and the AML/CTF Rules 2007.
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By Richard Coles
17 May 2021, 1:30 PM
Suncorp Group has confirmed that momentum in its banking franchise is broadly expected to continue into Q3. We adjust our forecasts accordingly.
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12 May 2021, 2:30 PM
Commonwealth Bank of Australia (CBA) reported better-than-expected operating income for 3Q21, but costs were also higher than expected.
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06 May 2021, 3:30 PM
National Australia Bank (NAB) has announced their 1H21 cash NPAT (from continuing operations). It was 10% less than our expectation but ~6% better than Factset consensus.
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05 May 2021, 3:30 PM
ANZ Banking Group's 1H21 cash NPAT, bad debt charge, and net interest margin outcomes exceeded our expectations which appeared to be the most optimistic on the street.
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03 May 2021, 12:30 PM
Westpac Banking Corp announced 1H21 cash NPAT which was 2% less than our expectation, but ~9% better than Factset consensus. We view this result as a high-quality beat versus consensus.
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27 April 2021, 6:00 PM
Westpac Banking Corp (WBC) has announced that its cash earnings in 1H21 will be reduced by $282m. We have consequently adjusted our forecasts.
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22 April 2021, 3:30 PM
We again expect the upcoming round of major bank reporting to surprise on the upside and we expect a further increase in investor confidence in the outlook for asset quality, dividends and capital management.
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15 April 2021, 11:00 AM
Bank of Queensland's (BOQ) 1H21 result was broadly in line with expectations. The Group's mortgage book grew at 1.6x system mortgage growth, and they are looking to accelerate housing growth further.
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