Australia's Westpac's first-quarter margin contracts, shares slide

Show Business and Finance Publications

Thu, February 20, 2025

[ Thu, Feb 20th ] - Forbes

Why Mixing Personal And Business Credit Cards Could Cost Business Owners

[ Thu, Feb 20th ] - Upstream

Cenovus hits new Canada oil sands production record

[ Thu, Feb 20th ] - Forbes

The Rise Of Fractional Leadership: A Lasting Shift In The Business Landscape

[ Thu, Feb 20th ] - Forbes

A Decade Of Lessons: Scaling A Financial Services Business To $1 Billion TPV And Beyond

[ Thu, Feb 20th ] - inc42

How Stockwiz Is Leveraging AI To Democratise F&O Trading For Retail Investors

[ Thu, Feb 20th ] - Forbes

The Public Markets Test: Why Going Public Still Matters In The Age Of Mega-Privates

[ Thu, Feb 20th ] - Tempo

Master These 10 High-Income Skills in 2025 and Secure Your Future

[ Thu, Feb 20th ] - Forbes

4 Predictions For The Future Of AI In Estate Planning

[ Thu, Feb 20th ] - Couriermail

ACCC still 'concerned' about Woolworths and Coles discounts

[ Thu, Feb 20th ] - Fortune

Paying off debt with debt: How a balance transfer will save me over $1,000

[ Thu, Feb 20th ] - MSN

Booking stock price slowly forms a risky pattern ahead of earnings

[ Thu, Feb 20th ] - MSN

Qubetics' Decentralized VPN Makes It Among The Be .. Transfers And Injective's DeFi Power Makes Waves

[ Thu, Feb 20th ] - MSN

Free business roadshows launched in Bolton - here's what you need to know

[ Thu, Feb 20th ] - ProPakistani

Taxing Only Salaried Class is Not The Complete Solution: Finance Minister

[ Thu, Feb 20th ] - MSN

Major crackdown on 'excessive' surcharge scourge costing Aussies: 'Repetitive instances'

[ Thu, Feb 20th ] - AOL

The one thing Elon Musk doesn't tweet about: Tariffs

[ Thu, Feb 20th ] - MSN

When I first started I knew what mattered was the business cycle, says Jim Cramer

[ Thu, Feb 20th ] - Reuters

BOJ chief Ueda meets PM Ishiba, eyes attending next week's G20

Wed, February 19, 2025

[ Wed, Feb 19th ] - Yahoo

Local business helping fire victims gets special surprise

[ Wed, Feb 19th ] - foxbaltimore

Liquor license fee hike shocks Maryland bar and restaurant owners

[ Wed, Feb 19th ] - Techopedia

How Does an Online Casino Work?

[ Wed, Feb 19th ] - Forbes

Is "Waste-To-Value" The Next Big Private Equity Category?

[ Wed, Feb 19th ] - fbcnews

Calls for fairer prices to tackle costs

[ Wed, Feb 19th ] - Kiplinger

Trump Admin. Kills Support for NYC Congestion Pricing Despite Benefits

[ Wed, Feb 19th ] - Politico

Ballard links with Italian firm

[ Wed, Feb 19th ] - Forbes

Why Financial Services Can And Must Prepare For AI

[ Wed, Feb 19th ] - AOL

Here's the Average Salary for a Business Professional in Florida

[ Wed, Feb 19th ] - Week99er

Top 4 Best Cryptos for Beginners - Easy-to-Invest Coins with High Growth Potential!

[ Wed, Feb 19th ] - fingerlakes1

Schuyler County launches Schuypreneur Boot Camp to support local entrepreneurs

[ Wed, Feb 19th ] - ConsumerAffairs

What is a certified public accountant (CPA)?

[ Wed, Feb 19th ] - MiBolsilloColombia

How to create a payment plan if you requested a loan to open your business

[ Wed, Feb 19th ] - ConsumerAffairs

What is a mortgage banker?

[ Wed, Feb 19th ] - ConsumerAffairs

What is tax avoidance vs. tax evasion?

[ Wed, Feb 19th ] - Fortune

Not just Alibaba's Jack Ma: Who's who at the summ .. as a 'symbolic' end to China's crackdown on tech

[ Wed, Feb 19th ] - legit

How 28 states received $68 million from FG to implement business reforms, details emerge

[ Wed, Feb 19th ] - Bloomberg

South Africa Budget Under Added Scrutiny Given Trump Aid Tensions

[ Wed, Feb 19th ] - Fortune

Tax season 2025 scorecard: Americans are waiting longer to file and are receiving bigger refunds

[ Wed, Feb 19th ] - CNBC

Here's what happens if Fannie Mae and Freddie Mac go private

[ Wed, Feb 19th ] - LionhearTV

Igloo kicks off 2025 with multi-market partnership wins and Chief Distribution Officer appointment

[ Wed, Feb 19th ] - Kiplinger

7 of Warren Buffett's Biggest Misses

[ Wed, Feb 19th ] - AOL

Automated invoice processing: A guide to simplifying AP

[ Wed, Feb 19th ] - AOL

Gas prices are headed higher, and a 'ripple effect' could make it worse in certain regions

[ Wed, Feb 19th ] - Reuters

Will Western companies return to Russia as Trump warms up to Putin?

[ Wed, Feb 19th ] - MSN

Timeline: Trump's first 30 days bring remarkable change for crypto

[ Wed, Feb 19th ] - Kiplinger

Why Toll Brothers Stock Is Falling After Earnings

[ Wed, Feb 19th ] - CNBC

5 tax scams in 2025 and how to avoid them

[ Wed, Feb 19th ] - MSN

More than 170 countries to participate in AIM Congress 2025 in Abu Dhabi next April

[ Wed, Feb 19th ] - Reuters

Goldman Sachs names insiders Connolly and Voris joint heads of Americas ECM unit, memo says

[ Wed, Feb 19th ] - Kiplinger

Legislation Cracking Down on IRS Tax Refund Mail Theft Advances

[ Wed, Feb 19th ] - News24

LIVE | Budget postponed to 12 March following Cabinet clash over VAT hike to 17%

[ Wed, Feb 19th ] - AOL

Bausch and Lomb's dealmaking CEO Brent Saunders: No deal for company is imminent

[ Wed, Feb 19th ] - Forbes

Financial Technology Trends And Vertical AI Technology

[ Wed, Feb 19th ] - sanews

Budget speech postponed

[ Wed, Feb 19th ] - Forbes

AI Bridges The Trust Gap: How Explainable AI Aligns Modelers And Business Leaders

[ Wed, Feb 19th ] - Reuters

Etsy misses holiday-quarter sales estimates, shares fall

[ Wed, Feb 19th ] - Reuters

Exclusive: Vanguard pauses corporate meetings over new ESG guidance

[ Wed, Feb 19th ] - MSN

Tongaat Hulett wins crucial court battle for business recovery

[ Wed, Feb 19th ] - manilatimes

Enlight Renewable Energy Reports Fourth Quarter and Full Year 2024 Financial Results

[ Wed, Feb 19th ] - Zawya

Al Masraf and Finneva sign agreement to boost UAE SME growth

[ Wed, Feb 19th ] - MSN

Reserve Bank cuts OCR by 50 basis points to 3.75%

[ Wed, Feb 19th ] - Forbes

Best Business Checking Accounts Of February 2025

[ Wed, Feb 19th ] - AOL

Why Trump economic advisers are more focused on Wall Street than the Fed

[ Wed, Feb 19th ] - Zawya

ECI highlights its role in empowering exports and supporting non-oil GDP

[ Wed, Feb 19th ] - MSN

Edmonds School District faces estimated $8.5 million deficit

[ Wed, Feb 19th ] - Mint

Samsung Galaxy S25 Ultra: What's new and what stands out

[ Wed, Feb 19th ] - Reuters

HSBC to sell Bahrain retail banking operations as restructuring progresses

Tue, February 18, 2025

[ Tue, Feb 18th ] - Variety

Angel City FC Names Carmen Bona President of Business Operations, Promotes Julie Uhrman to CEO

[ Tue, Feb 18th ] - Yahoo

"We were prepared, but not ready;" Small business owners recovering from flooding

[ Tue, Feb 18th ] - Reuters

National Australia Bank's first-quarter cash earnings slip on higher impairment charges

[ Tue, Feb 18th ] - Mint

Quality Power IPO Day 3 Highlights: Issue booked .. Check GMP, key dates, review, subscription status

[ Tue, Feb 18th ] - Fortune

Southwest to cut 15% of corporate jobs in first-ever layoffs

[ Tue, Feb 18th ] - Forbes

The Future Of Business To Business Banking: Fintech 50 2025

[ Tue, Feb 18th ] - Indiatimes

India Live News Updates: India, Qatar agree to en .. operation in information and intelligence sharing

[ Tue, Feb 18th ] - Kiplinger

Why You May Owe More Tax Soon on Popular Employee Benefits

[ Tue, Feb 18th ] - Reuters

HSBC to sell Bahrain retail banking unit to Bank of Bahrain and Kuwait

[ Tue, Feb 18th ] - MSN

Sewage Spills, Higher Bills - Britain's Water Crisis Explained

[ Tue, Feb 18th ] - MSN

Why the CFO mindset can clash with CEO demands

[ Tue, Feb 18th ] - ABC

Judge approves emergency plan to keep Britain's largest water company afloat

[ Tue, Feb 18th ] - MSN

'Child care crisis': Can this tax break proposal benefit businesses, parents and kids?

[ Tue, Feb 18th ] - Nairametrics

Klak Unveils Cash Management Platform for SMBs in Nigeria and Kenya

[ Tue, Feb 18th ] - Forbes

The Need For Agentic Tech Infrastructure And Orchestration

[ Tue, Feb 18th ] - Forbes

Banks Are Gaining Access To A Growing Amount Of Data: Here's How To Use It

[ Tue, Feb 18th ] - bnnbloomberg

Colombia Suffered a Low Growth 2024 as Energy Sector Lagged

[ Tue, Feb 18th ] - Forbes

Gold Is Booming: It's Time To Invest Like It's WWIII

[ Tue, Feb 18th ] - News24

News24 invites you to unpack the Budget with Godongwana and Kieswetter

[ Tue, Feb 18th ] - MoneyWeek

Saba seven becomes four: what now for UK investment trusts?

[ Tue, Feb 18th ] - Edie

TNFD launches upskilling platform to help corporates master nature disclosure

[ Tue, Feb 18th ] - Kiplinger

Why 'Standard' Digital Background Checks Can Be So Unreliable

[ Tue, Feb 18th ] - Zawya

Mamo and Paymentology join forces to drive financial inclusion for SMEs across UAE

[ Tue, Feb 18th ] - Reuters

Norway sovereign wealth fund CEO job attracts 82 applicants, including current chief

[ Tue, Feb 18th ] - Oneindia

India To Cut Import Duties Amid US Tariff Concerns, Says Finance Minister Sitharaman

[ Tue, Feb 18th ] - WFMJ

Lariccia School of Accounting and Finance at YSU set as site for VITA Program

[ Tue, Feb 18th ] - MSN

LIVE UPDATES: Singapore Budget 2025

[ Tue, Feb 18th ] - Reuters

Indian benchmarks end flat as Reliance, HDFC offset weakness in earnings, trade worries

Mon, February 17, 2025

[ Mon, Feb 17th ] - Reuters

Complaints targeting BYD flood Chinese consumer portal after smart EV launch

[ Mon, Feb 17th ] - cnbctv18

How India's financial services industry is shapin .. n the next decade: An Infosys Finacle perspective

[ Mon, Feb 17th ] - Forbes

Blockchain Rewiring TradFi: A Trillion-Dollar Shift

[ Mon, Feb 17th ] - Couriermail

'Step up and do their job': Finance expert Mark Bouris reveals interest rates call

[ Mon, Feb 17th ] - TechRepublic

The Big Power of Small AI in 2025

[ Mon, Feb 17th ] - manilatimes

Spectrotel Announces Key Executive Appointments: .. ef Financial Officer and Chief Technology Officer

[ Mon, Feb 17th ] - Forbes

What Are CFOs Saying About Climate Action Amid Geopolitical Uncertainty?

[ Mon, Feb 17th ] - CNET

I Hate Accounting Software. Here's How I Manage My Freelance and Business Taxes Instead

[ Mon, Feb 17th ] - Reuters

Comment: The dangers of ditching Europe's Green Deal

[ Mon, Feb 17th ] - Couriermail

'Turned Washington on its ear': Why Trump tariffs could be good for Aussie company

[ Mon, Feb 17th ] - Indiatimes

Top zodiac signs most likely to succeed as entrepreneurs

[ Mon, Feb 17th ] - richest

Here is the projected petrol price for March 2025

[ Mon, Feb 17th ] - Couriermail

Big W announces major update to "Change of Mind" returns policy

[ Mon, Feb 17th ] - Forbes

Ingmar Rentzhog

[ Mon, Feb 17th ] - CNET

How to Use Your New Credit Card Before It's Even Delivered

[ Mon, Feb 17th ] - cnbctv18

India considering raising deposit insurance limit above current ?5 lakh: Report

[ Mon, Feb 17th ] - Impacts

5 Best Cryptos to Invest In 2025 - Emerging Projects That Could Skyrocket Your Portfolio

[ Mon, Feb 17th ] - cnbctv18

Need More FDI, PSU insurers recovering, internal talks on insurance bill done, says FM

[ Mon, Feb 17th ] - MSN

"Zodiac Signs and Wealth: Who's a Money Magnet and Who Struggles to Save?

[ Mon, Feb 17th ] - Couriermail

ASX-listed Adore Beauty on track to open more than 25 new stores

[ Mon, Feb 17th ] - Zawya

Dubai's DIFC Courts shares insights into case activity

[ Mon, Feb 17th ] - Reuters

Australia's Westpac's first-quarter margin contracts, shares slide

[ Mon, Feb 17th ] - MSN

UK politics live: Reeves' taxes trigger job cuts .. rned worker shortage puts 1.5m homes plan at risk

[ Mon, Feb 17th ] - MSN

5 Amazon Side Gigs That Can Help Boost Your Wealth

[ Mon, Feb 17th ] - MSN

Is Moody's Corporation (MCO) The Best Financial Sector Dividend Stock To Buy Right Now?

Sun, February 16, 2025

[ Sun, Feb 16th ] - Reuters

Some Indonesia lawmakers eye removing central bank governor, Tempo magazine reports

[ Sun, Feb 16th ] - business

Ghana remains strategic investment hub despite challenges - IFC

[ Sun, Feb 16th ] - Moneycontrol

Asian shares cautious amid US-EU tension

[ Sun, Feb 16th ] - Moneycontrol

Reciprocal tariffs and the new world disorder

[ Sun, Feb 16th ] - Reuters

Australian lender Westpac reports 13% rise in first-quarter profit

[ Sun, Feb 16th ] - jacobin

Tim Scott Is Fighting for His Donors' Junk Fees

[ Sun, Feb 16th ] - Yahoo

Tesla Vs. BYD: Tesla Hits 2025 Lows While BYD Sky .. ts On Self-Driving Moves. It's Not A Coincidence.

[ Sun, Feb 16th ] - Yahoo

Heartland Hope Mission coats in high demand ahead of freezing temperatures

[ Sun, Feb 16th ] - Forbes

Stocks This Month: Buy V.F. Corporation And Atlassian

[ Sun, Feb 16th ] - AOL

Why the model for low-cost airlines may be 'evaporating'

[ Sun, Feb 16th ] - Reuters

Elon Musk says xAI's Grok 3 chatbot to be unveiled on Monday

[ Sun, Feb 16th ] - Forbes

Trump Gaza Proposal: Netanyahu Praises Trump's 'Bold Vision' For Gaza Takeover After Rubio Meeting

[ Sun, Feb 16th ] - Oregonian

Liz Weston: Should our trust be listed as 'additional insured' on our home insurance policy?

[ Sun, Feb 16th ] - Zawya

Edamah appoints Khaled Abdulrahman Al Majed as Chief Executive Officer

[ Sun, Feb 16th ] - MSN

Top Wall Street analysts are optimistic about the potential of these 3 stocks

[ Sun, Feb 16th ] - legit

Tariff Tsunami: How Tinubu's Government Raised Prices Across Telecoms, Ports, Power,Others

[ Sun, Feb 16th ] - AOL

Best Stock to Buy Right Now: PepsiCo vs. Kraft Heinz

[ Sun, Feb 16th ] - MSN

Houston-based Chevron laying off up to 20% of its employees. Here's why.

[ Sun, Feb 16th ] - MSN

Hindu New Year 2025: Best money-making months for each zodiac sign in 2025-26

[ Sun, Feb 16th ] - Reuters

UK's Starmer readies order to raise defence spending, Sunday Times reports

[ Sun, Feb 16th ] - Tempo

Top 10 Best Cryptos to Buy and Hold in February 2025 for Another Decade

[ Sun, Feb 16th ] - MSN

Are banks, post offices, UPS, FedEx open on Presidents Day 2025? Will mail be delivered?

Sat, February 15, 2025

[ Sat, Feb 15th ] - Zawya

NBK-Egypt reports EGP 7.3bln (Equivalent to KWD 51.9mln) in net profit in FY2024

[ Sat, Feb 15th ] - MSN

Bridgeline Digital, Inc. (NASDAQ:BLIN) Q1 2025 Earnings Call Transcript

[ Sat, Feb 15th ] - Reuters

Berkshire takes swig of Modelo maker Constellation; cuts BofA, Citigroup

[ Sat, Feb 15th ] - Forbes

Medicare Changes In 2024: What's New?

[ Sat, Feb 15th ] - Forbes

The Rise Of The Hybrid Workforce: Humans And AI Working Together

[ Sat, Feb 15th ] - MSN

Sixth Street Specialty Lending, Inc. (NYSE:TSLX) Q4 2024 Earnings Call Transcript

[ Sat, Feb 15th ] - Oregonian

Liz Weston: Reconciled couple considers remarrying to maximize Social Security benefits

[ Sat, Feb 15th ] - cnbctv18

RBI cracks down on cooperative banks: Penalties, licence cancellations & amalgamations

[ Sat, Feb 15th ] - Forbes

7 Common Medicare Mistakes And How To Avoid Them

[ Sat, Feb 15th ] - MSN

EPRA Announces Fuel Prices, Safaricom Dividends & Suspects in Ksh13 B KUSCCO Heist

[ Sat, Feb 15th ] - MSN

Whopping Rs 4,300 crore fundraise! Latest update by Shriram Finance - Details

[ Sat, Feb 15th ] - realestatenews

Real Brokerage aims to trade agents' other debit cards for its own

[ Sat, Feb 15th ] - aboutamazon

How Amazon approaches carbon credits, a key tool in the fight against climate change

[ Sat, Feb 15th ] - AOL

Elon Musk's Government Gig Has No Salary, No Job Title, And Plenty of Power

Fri, February 14, 2025

[ Fri, Feb 14th ] - Insider

Blue Origin CEO says he's trimming middle manager .. hiring led to 'more bureaucracy.' Read the memo.

[ Fri, Feb 14th ] - KXAN

Lottery Commission, former director accused of defrauding Texans

[ Fri, Feb 14th ] - LancasterOnline

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[ Fri, Feb 14th ] - Diginomica

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[ Fri, Feb 14th ] - KBOI

Senator Crapo and 44 others reintroduce bill to abolish federal estate tax

[ Fri, Feb 14th ] - Forbes

20 Best Practices For Financial Firms To Integrate Sustainability And Build A Greener Future

[ Fri, Feb 14th ] - Newsweek

Map Shows States Most Impacted by 2025 Stores Closures

[ Fri, Feb 14th ] - Newsweek

List of Federal Agencies That Have Begun Mass Layoffs

[ Fri, Feb 14th ] - Reuters

EPA chief seeks to claw back $20 billion in climate funding

[ Fri, Feb 14th ] - MSN

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[ Fri, Feb 14th ] - ProPakistani

Cordoba Logistics Secures SECP Permission to Set Up NBFC

[ Fri, Feb 14th ] - Forbes

Medicare Is Raising Its Part B Premium And Deductible For 2024

[ Fri, Feb 14th ] - Forbes

Is The Alzheimer's Drug Leqembi Covered By Medicare?

[ Fri, Feb 14th ] - bnnbloomberg

Storied Peruvian Executive Resurfaces at Canadian Copper Startup

[ Fri, Feb 14th ] - CNET

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[ Fri, Feb 14th ] - Reuters

IFC chief says it is doubling down on Pakistan, eyeing large infrastructure financing

[ Fri, Feb 14th ] - Vanguard

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[ Fri, Feb 14th ] - businessday

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[ Fri, Feb 14th ] - AOL

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Coinbase Stock Jumps on Earnings. People Are Interested in Crypto Again.

[ Thu, Feb 13th ] - MSN

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Australia's Westpac's first-quarter margin contracts, shares slide

_{//business-finance.news-articles.net/content/202 .. first-quarter-margin-contracts-shares-slide.html}
^{Published in Business and Finance on Monday, February 17th 2025 at 3:20 GMT by Reuters}

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

Westpac Banking Corp reported a 13% rise in first-quarter profit for 2025, driven by higher interest rates and a robust performance in its institutional banking division. The Australian lender's net profit for the three months ending December 31 was A$1.5 billion, up from A$1.3 billion in the same period the previous year. This increase was supported by a 7% growth in total income to A$5.9 billion, although expenses also rose by 5% to A$3.1 billion. Westpac's CEO, Peter King, highlighted the bank's focus on cost management and operational efficiency amidst a challenging economic environment. Additionally, the bank's common equity tier 1 capital ratio improved to 12.3% from 11.3%, indicating a stronger capital position.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/australian-lender-westpac-reports-13-rise-first-quarter-profit-2025-02-16/ ]

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