ASX:WBCBanks
Westpac (ASX:WBC) Margin Decline Reinforces Concerns Over Premium Valuation
Westpac Banking (ASX:WBC) reported earnings growth of 3.93% per year, with revenue tracking slightly behind at 3.6% per year. The company’s current net profit margin is 31.5%, reflecting a modest decline from last year's 33.2%. Over the last five years, Westpac delivered a solid 12.4% annualized earnings growth, and its earnings quality remains high, although growth forecasts suggest the bank will lag the broader Australian market.
See our full analysis for Westpac Banking.
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