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Showing 51 - 60 of 166 results for "Cash earnings"

NAB Wealth reports solid growth

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2016
Stronger revenue and lower expenses have resulted in a 13% surge in cash earnings for NAB Wealth, growing to $356 million. The bank's wealth management division also reported a 2% growth in net income, owing to higher average funds under management ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 11 OCT 2016
... over the same period but is an improvement from the 3.5% drop over the twelve months to July. Japan wages Total cash earnings growth in Japan declined by 0.1% in the year to August following a 1.2% increase in the previous month and disappointing market ...

NAB posts $1.7bn net loss from Clydesdale IPO

ALEX BURKE  |  THURSDAY, 5 MAY 2016
... associated with this process. Overall revenue from ordinary activities was also down 4.5% to roughly $9 billion. On a cash earnings basis - that is, excluding discontinued operations and "certain other items" - NAB was up 6.5% to $3.31 billion. Its interim ...

BTIM reveals strong results

KERRIE SYDEE  |  THURSDAY, 5 MAY 2016
... margins, higher average FUM and favourable currency movements. Statutory NPAT increased by 26% to $78.3 million, cash earnings per share (EPS) rose 32% to 29.1 cents per share and an interim dividend of 18.0 cents per share was declared, representing ...

"More focused" NAB lifts profit

MARK SMITH  |  TUESDAY, 16 FEB 2016
An 8% rise in quarterly cash earnings saw National Australia Bank (NAB) post cash profit to $1.5 billion for the December quarter. Total cash earnings for the period stood at $1.7 billion owing to increased margins and a halving of bad debts. "Our performance ...

Westpac profit boosted by BTIM sale

ALEX BURKE  |  MONDAY, 2 NOV 2015
... FY2014, driven by a 7% loan growth and 4% rise in customer deposits. The weakest divisions in the group in terms of cash earnings are BT Financial Group and Westpac Institutional bank, which reported flat earnings and a 12% decrease respectively. Westpac's ...

NAB sells insurance business to Nippon Life

LAURA MILLAN  |  WEDNESDAY, 28 OCT 2015
... relationship between our banking and wealth businesses," Thorburn said. During the year to September 30, 2015, NAB Wealth's cash earnings increased 27% to $464 million and net income rose 10%, reflecting higher insurance premium pricing, improved insurance ...

SG Hiscock finds value far from ASX big caps

LAURA MILLAN  |  MONDAY, 19 OCT 2015
... in the portfolio, about 25% are mature business with franchises that are not growing fast but that are providing cash earnings. Another 60% are companies that have just established a franchise and are growing rapidly, while the rest are small companies ...

Bendigo wealth earnings fall 20pct despite acquisition

LAURA MILLAN  |  MONDAY, 10 AUG 2015
Bendigo and Adelaide Bank cash earnings for its wealth management division are down 20.5%, despite the acquisition of a stake in a superannuation fund. Australia's fifth largest bank reported its results for the year to 30 June 2015 and confirmed that ...

Alpha Fund Managers add AB fund to portfolio

DARREN SNYDER  |  TUESDAY, 4 AUG 2015
... returns over a rolling three-year period - has built a 10-year record of outperformance by focusing on companies' cash earnings rather than relying on reported accounting profits as a guide to stock selection. Managing director of Infocus Wealth Management ...