Search Results | Showing 21 - 30 of 166 results for "Cash earnings" |
| | ... responsibility and its associated risk management," King said. All these factors mean that Westpac expects to report lower cash earnings in the first half of 2020. In an announcement to the ASX the bank said the lower earnings will be taken into account ... |
| | | ... dealt with." In its latest results, NAB also announced an unaudited statutory net profit of $1.7 billion and a 1% cash earnings growth compared to first quarter 2019. "Twelve months on from the conclusion of the Royal Commission, we remain focussed on ... |
| | | ... team of 950 dedicated to remediating customers recognised an additional $1.1 billion of remediation costs in 2019. Cash earnings for financial year 2019 were 10.6% lower than the previous year for NAB. "A gap remains between where we are today and where ... |
| | | ... the impacts of remediation and the restructure of its wealth business, which combined made a $1.1 billion dent in cash earnings. "Excluding these notable items, cash earnings were down 4% on FY18, which was mainly due to a reduction in wealth and insurance ... |
| | | ... remediation bill along with consumer credit insurance sales. NAB said the remediation is expected to reduce 2H19 cash earnings by an estimated $1.12 billion after tax and earnings from discontinued operations by an estimated $57 million after tax. The ... |
| | | ... supervision and enforcement from APRA and ASIC. It has also revealed issues in their back books." Dring explained while cash earnings were up from the 2018 half year, those numbers don't take into account the significant impact growing remediation costs ... |
| | | ... move to a newly-established Viridian-owned AFSL and have until September 30 to transition. Overall, BTFG reported a cash earnings loss of $305 million, down 27% or about $64 million lower than the second half of 2018. The decline was due to the exit ... |
| | | Westpac profits plunged 24% in the first half to $3.13 billion, as cash earnings fell across four of the group's five business divisions. "This is a disappointing result reflecting weaker business conditions and the bank dealing decisively with outstanding ... |
| | | ... wealth division, which includes financial advice, asset management and superannuation, recorded a 29.4% decline in cash earnings to $96 million year on year. Interim chief executive Phil Chronican, who also spoke at the briefing, said remediation costs ... |
| | | ... by authorised representatives of Magnitude and Securitor. Westpac announced it would take a $357 million hit to cash earnings in its first half result based on currently available information relating to the costs of remediating "certain ongoing advice ... |
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