Westpac Banking Corp (OTCPK:WEBNF)
$ 21 -0.246 (-1.16%) Market Cap: 73.78 Bil Enterprise Value: 164.86 Bil PE Ratio: 16.42 PB Ratio: 1.59 GF Score: 54/100

Half Year 2024 Westpac Banking Corp Earnings Call Transcript

May 06, 2024 / 12:00AM GMT
Release Date Price: $17.89 (+3.41%)
Justin McCarthy
Westpac Banking Corporation - General Manager of IR

Good morning, everyone. Welcome to Westpac's 2024 Interim Results. My name is Justin McCarthy, General Manager of Investor Relations.

Before we begin today, I acknowledge the Gadigal people of the Eora Nation as the Traditional Custodians of the country we are meeting on today. I pay my respects to Elders past and present, and extend that respect to all First Nations people present today.

The results will be presented by our CEO, Peter King; and CFO, Michael Rowland. At the end of the presentation, you'll have an opportunity to ask questions. (Operator Instructions)

With that, over to you, Peter.

Peter Francis King
Westpac Banking Corporation - CEO, MD & Director

Well, thank you, Justin, and good morning, everyone.

I summarize this as a good result as we've navigated below-trend economic growth in a competitive banking sector. We've been disciplined, balancing growth and margins well. And over the year, we've grown in all key segments with mortgages

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