Australian Banks Face Mortgage Broker Headwind

Australian retail banks may see their profitability stymied due to the high cost of mortgage broker distribution, say UBS analysts John Storey and Jason Napier in a note.

WSJApr 26 02:26 ET

Why Is Westpac Stock Beating the Other ASX 200 Banks Today?

The Westpac Banking Corp (ASX: WBC) share price is currently up by 0.81%, beating the other major S&P/ASX 200 Index (ASX: XJO) bank shares.

The Motley FoolApr 24 01:39 ET

Are ASX 200 Bank Shares Like CBA 'Too Expensive' Right Now?

S&P/ASX 200 Index (ASX: XJO) bank shares have rallied over the last few months. After this impressive rally, it's worth asking if this sector is good value today or whether it has risen too far.

The Motley FoolApr 23 19:52 ET

Westpac May Consider Special Dividend in 1H -- Market Talk

0426 GMT - Westpac could consider a special dividend at its 1H FY 2024 results, rather than another buyback later in the year, say Morgan Stanley analysts in a note. The investment bank sees a special

WSJApr 23 00:26 ET

Citi Downgrades Australia's Big Four Banks on Lower Rate Cut Expectations and Valuation Concerns

Global investment bank Citi downgraded its recommendations for ANZ (ASX: ANZ), Commonwealth Bank of Australia (ASX: CBA), National Australia Bank (ASX: NAB) and Westpac (ASX: WBC) this week after diminishing rate cut expectations exposed significant downside risks.

Small CapsApr 22 22:13 ET

AU Morning Wrap: ASX Continues Monday's Gains; Boral Jumps

Stocks to watch: Boral, Seven Group Holdings, Brambles, Westpac.

Moomoo News AUApr 22 20:42 ET