By
29 October 2021, 8:00 AM
ANZ Banking Group (ASX:ANZ) has reported cash NPAT from continuing operations of $6,198m, which is 3.0% better than our expectation, and also looks to be ~3% better than consensus.
Read more...
By
26 October 2021, 8:30 AM
National Australia Bank (ASX:NAB) is scheduled to announce its FY21 result on 9 November 2021. We are forecasting cash earnings from continuing operations of $6,597m, which appears to be broadly in line with consensus.
Read more...
By
26 October 2021, 8:00 AM
Westpac (ASX:WBC) is scheduled to report its FY21 result on 1 November 2021. We are forecasting cash earnings of $5,237m.
Read more...
By
26 October 2021, 7:30 AM
ANZ Banking Group (ASX:ANZ) will report its FY21 result on 28 October 2021. We are forecasting cash earnings from continuing operations of $6,017m, which appears to be broadly in line with consensus.
Read more...
By
26 October 2021, 7:00 AM
Westpac (ASX:WBC) is our preferred major bank. We expect WBC to announce a $5bn off-market share buyback on 1 November and we expect investors to increasingly warm up to WBC’s medium-term cost out story.
Read more...
By
18 October 2021, 9:00 AM
Westpac Banking Corp (ASX:WBC) has announced that its reported net profit and cash earnings in 2H21 will be reduced by $1.3bn after tax due to notable items.
Read more...
By
14 October 2021, 8:00 AM
Bank of Queensland (ASX:BOQ) has reported FY21 cash earnings of $389m excluding ME Bank. This is 4.5% less than we expected largely due to the net credit loss provision release in 2H21 being less than we expected.
Read more...
By
11 October 2021, 8:30 AM
Bank of Queensland (ASX:BOQ) is scheduled to announce its FY21 result on the 13th of October. Excluding the contribution from ME Bank over July and August, we expect FY21F cash NPAT of $406m. We expect a fully franked final dividend of 27cps to be declared.
Read more...
By
05 October 2021, 10:00 AM
Virgin Money UK (ASX:VUK) have increased their FY21 restructuring cost guidance from c.£74m to c.£100m at the release of the 1H21 results, VUK last week revised this guidance to c.£145m.
Read more...
By
22 September 2021, 8:45 AM
We believe Australian Finance Group (ASX:AFG) can use its surplus cash to acquire distribution such that the acquisition is ultimately >30% EPS accretive for AFG.
Read more...