Australian Investment Blog

Stock Westpac (WBC) $26.51 as at 05/11/2018 Event Westpac today released results for the full year 18, with earnings broadly inline / slight beat to expectations while cost guidance for FY19 was also better at a 1% decline versus around +2% growth which was forecast. Revenue was up 3% for the year, although the growth moderated in the 2nd half which is a slight concern. The dividend was flat at 94cps as expected while capital was slightly above market expectations. Here's a quick view of the result; Westpac (WBC) Chart Market Matters Take/Outlook