|Bid||29.96 x 6751100|
|Ask||26.22 x 58600|
|Day's range||28.43 - 28.72|
|52-week range||27.18 - 32.95|
|PE ratio (TTM)||13.54|
|Forward dividend & yield||1.76 (7.46%)|
|1y target est||30.77|
Commonwealth Bank of Australia (ASX:CBA) is bouncing back today after yesterday's fall. But there are reasons to think the gains won't last.
New Zealand business confidence has tumbled to its weakest since the global financial crisis amid uncertainty over the policies of a new center-left government.
This week’s top dividend buy for me is Macquarie Group Ltd (ASX:MQG). It is a global provider of banking, financial advisory, investment and fund management services thereby making its sources of earnings more diverse than the big four banks Commonwealth Bank of Australia (ASX:CBA), Westpac Banking Corp (ASX:WBC), Australia and New Zealand Banking Group (ASX:ANZ) and National Australia Bank Ltd. (ASX:NAB).
The Westpac Banking Corp (ASX:WBC) share price is down after full year results are slightly under expectations in a challenging environment.
China will further liberalize its capital markets to foreign investors, helping the nation dodge any credit crisis by lightening its $18 trillion corporate debt burden, according to Australia and New Zealand ...
National Australia Bank Ltd (ASX:NAB) has agreed to settle its rate-rigging dispute with ASIC. Where does that leave Westpac Banking Corp (ASX:WBC)?
Bank stocks offer good yields, but should you buy the likes of Westpac Banking Corp (ASX:WBC) for the long term?
ANZ Bank posted a 12 percent jump in annual net profit Thursday, with the lender saying it was continuing to make progress as the benefits of a restructure start to pay off. The Australia and New Zealand Banking Group's result for the year to September 30 came in at Aus$6.41 billion (US$4.93 billion). Cash profit, the financial industry's preferred measure which strips out volatile items, was even better, up 18 percent at Aus$6.94 billion and in line with expectations.
Australia & New Zealand Banking Group Ltd. reached a last-minute settlement with the nation’s securities regulator over allegations it rigged a benchmark interest rate.
ANZ Bank settled an alleged rate-rigging case with Australia's corporate regulator on the opening day of a court hearing Monday that also involves fellow heavyweights Westpac and NAB. The three banks are being probed by the Australian Securities and Investments Commission (ASIC) about possible fixing of the country's benchmark interest rate. This involves the manipulation of the bank bill swap reference rate, a benchmark used to set the price of Australian financial products such as bonds and loans.
IOOF Holdings Limited (ASX:IFL) is helping Australia and New Zealand Banking Group (ASX:ANZ) execute its simplification strategy.
Shares in QBE (QBE.AU) are down 19% this year and Morgan Stanley reckons it's time to buy its shares given the greater clarity on the Australian insurer's 2017 earnings risks. QBE shares slumped 4% yesterday after it announced a USD600 million hit to its bottom line due to losses incurred from claims associated with Cyclone Debbie in Australia earlier this year, Hurricanes Harvey, Irma and Maria which impacted the Gulf of Mexico, the Caribbean and Florida as well as the earthquakes in Mexico. The broker said it was surprised by the jump in claims but "with around USD25 billion of investments, QBE's yield on technical reserves and shareholder funds stands to benefit from rising yields." Morgan Stanley retained its overweight rating on the shares but reduced its target price to AUD12.90 a share from AUD13.00 a share previously.
ANZ Bank posted a six percent rise in interim net profit Tuesday on the back of restructuring its business to shift the emphasis away from Asia and onto its core assets. The Australia and New Zealand Banking Group's result for the six months to March 31 came in at Aus$2.91 billion (US$2.2 billion), while cash profit, which strips out one-off and other items, spiked 23 percent to Aus$3.41 billion. The restructure has seen ANZ move its focus away from Asia, selling stakes in Shanghai Rural Commercial Bank and retail and wealth management arms in six Asian countries.
Melbourne, Australia, Feb 7, 2017 - (ABN Newswire) - Aconex Limited (ASX:ACX), provider of the #1 global platform connecting teams on construction and engineering projects, today announced the appointment ...
ANZ agrees to sell its 20% stake in SRCB The text version of this document is not available at the moment. The original content was posted at original link . ANZ - Australia & New Zealand Banking Group ...
News Release For release: 3 January 2017 - sale to increase ANZ's APRA CET1 capital ratio by ~40 basis points - ANZ today announced it had reached agreement to sell its 20% stake in Shanghai Rural Commercial ...