News tagged with “cash earnings”. Found:
10 tagged news reports.
Your Search Returned 10 tagged news reports
CBA profits from recovery
Auckland :: New Zealand | 18 days ago
Credibility
The Commonwealth Bank has put the result down to growth in home mortgages and wealth management, along with a stellar rise in its share price over the past few months. Even so, the Commonwealth has revealed slight increase in bad debts while warning that...
Tags: CBA, Ralph Norris, Commonwealth Bank of Australia, slight increase, commonwealth banks, cash earnings, executive ralph, chief executive
Westpac misery blurred by poor data, says analyst
Auckland :: New Zealand | 23 days ago
Credibility The bank reported September-year cash earnings of $236 million, down 40 per cent on a year ago. The six months to September were particularly painful with cash earnings of just $34 million against $240 million for the same period a year earlier. Westpac...
Tags: Westpac New Zealand, Westpac NZ, bad debts, St George Bank, chief executive, impairment charges, executive gail, Gail Kelly, cash earnings, financial crisis
BNZ says customers staying loyal
Auckland :: New Zealand | about 1 month ago
Credibility BNZ claims it has suffered no adverse customer reaction to its initial defeat this year defending Inland Revenue's contention it engaged in one of this country's biggest-ever tax rorts. The bank yesterday reported a September year net loss of $181 million,...
Tags: BNZ Capital, BNZ Corporate, AM Bank BNZ, cash earnings, tax case
Debt provision swells as Westpac profit falls
Auckland :: New Zealand | 6 months ago
Credibility Westpac New Zealand is blaming the unprecedented economic downturn for a 15 per cent cut to its tax-paid profit of $202 million for the half year to March. Bad and doubtful debt provisioning ballooned to $184m from $61m a year earlier as the deteriorating...
Tags: Westpac New Zealand, cash earnings
Bendigo Bank revises full-year cash earnings
Bendigo :: Australia | 7 months ago
Credibility Bendigo and Adelaide Bank has revised its full year cash earnings guidance to between $205 million and $218 million as a result of the challenging economic environment. The bank said the revised cash earnings for the financial year ending June 30 2009...
Tags: Bendigo Bank Shares, adelaide banks, Adelaide Bank Ltd, cash earnings, banks revised, earnings target
Westpac profit steady as bad debts leap
Sydney :: Australia | 9 months ago
Credibility Westpac shares were down 2.1%, or 36 cents, at $16.42 in early trade, matching the losses in the benchmark S&P/ASX 200 index. Australian banks have whethered the global credit crunch much better than their US and European peers, but analysts wonder how...
Tags: Overdue Westpac, Westpac Banking Group, Westpac Banking Corp., bad debts, cash earnings, net profit, Australian
Bad debts to hit home
Melbourne :: Australia | 9 months ago
Credibility ANZ and National Australia Bank said asset values and ultimately profits were under pressure as their exposures to bad and doubtful debts rose. NAB boss Cameron Clyne said bad debts were beginning to spread from big companies to the small and medium business...
Tags: NAB, New National Australia Bank, australia banking, bad debts, doubtful debts, cash earnings, Cameron Clyne, debts reach
Westpac profit hits forecasts
Sydney :: Australia | about 1 year ago
Credibility has increased full-year cash earnings by 6 per cent on strong loan and deposits growth, ahead of completing its takeover of St George Bank (sgb.ASX: Quote , News ). But the bank said loan growth was likely to slow in fiscal 2009 as consumers and businesses...
Tags: Westpac Banking Corp., Australia, cash earnings, loans growth, Gail Kelly, net profits, big banks
NAB cash earnings to dip by 11pc
Sydney :: Australia | about 1 year ago
Credibility The bank says cash earnings should come in at about $3.9 billion, down from $4.4 billion in 2007. Earlier this year, the bank announced potential losses of more than $1 billion on bad investments, some of which were subprime related.
Tags: cash earnings, NAB, National Australia Bank Ltd., bring forward, reporting date, provide clarity, financial position, annual reporting, nab forecasts
NAB earnings drop $100m after hedging action
Sydney :: Australia | about 1 year ago
Credibility The bank is aiming to lower the risk of making losses on $1.6 billion worth of complex financial instruments known as "synthetic collateralised" debt obligations by taking out hedging arrangements on them. NAB says its 2008 earnings will be reduced by...
Tags: NAB, hedging costs, cash earnings
Site Links
Site Topics
Contributions
- Report Your News
- Add your voice and contribute via your cellphone - check out how to Report News via Your Cellphone
- Blog Widget
- Widget for Blog Owner
