Full Year 2023 Westpac Banking Corp Earnings Call Transcript - Thomson StreetEvents

Full Year 2023 Westpac Banking Corp Earnings Call Transcript

Full Year 2023 Westpac Banking Corp Earnings Call Transcript - Thomson StreetEvents
Full Year 2023 Westpac Banking Corp Earnings Call Transcript
Published Nov 05, 2023
25 pages (16324 words) — Published Nov 05, 2023
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of WBC.AX earnings conference call or presentation 5-Nov-23 11:00pm GMT

  
Brief Excerpt:

...Justin McCarthy Good morning, everyone. Welcome to Westpac's 2023 Full Year Results. My name is Justin McCarthy, GM of Investor Relations. Before we begin today, I'd like to acknowledge the Gadigal People of the Eora Nation as the Traditional Custodians of the country we are meeting on today. I recognize their continuing connection to the land and waters and thank them for caring for this land and its ecosystem since time immemorial. 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 the opportunity to ask questions. (Operator Instructions) With that, over to you, Peter. Peter Francis King ...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Westpac Banking Corp
Ticker
WBC.AX
Time
11:00pm GMT
Format:
PDF Adobe Acrobat
Buy Now

The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Victor German - Macquarie Research - Analyst : Thank you, Justin. I was just hoping to -- 2 questions as well. First one on Slide 19, you provided that bridge in terms of margin performance. Customer deposit margin down 1 basis point. I was just hoping if maybe you can give us a little bit more color and how that number actually comes together. I think there's quite a lot of moving parts, obviously, with higher rates, still benefiting and some of the offsets, if you can maybe talk about and what you've seen over the course of the half.

Question: Victor German - Macquarie Research - Analyst : And would you say that there's been acceleration in kind of the impact of mix into the fourth quarter versus third quarter?

Question: Victor German - Macquarie Research - Analyst : And then just very quickly on the buyback. Given that you've got about $3.5 billion of franking balances and they're still rising, just thinking around doing the buyback versus the special dividend?

Table Of Contents

Westpac Banking Corp Market Update Transcript – 2025-03-27 – US$ 54.00 – Edited Transcript of WBC.AX conference call or presentation 27-Mar-25 10:00pm GMT

Westpac Banking Corp Sustainability Market Update Transcript – 2024-12-03 – US$ 54.00 – Edited Transcript of WBC.AX conference call or presentation 3-Dec-24 11:00pm GMT

Full Year 2024 Westpac Banking Corp Earnings Presentation Transcript – 2024-11-03 – US$ 54.00 – Edited Transcript of WBC.AX earnings conference call or presentation 3-Nov-24 11:00pm GMT

Westpac Banking Corp Technology Market Update Transcript – 2024-03-27 – US$ 54.00 – Edited Transcript of WBC.AX conference call or presentation 27-Mar-24 12:00am GMT

Half Year 2023 Westpac Banking Corp Earnings Presentation Transcript – 2023-05-08 – US$ 54.00 – Edited Transcript of WBC.AX earnings conference call or presentation 8-May-23 12:00am GMT

Westpac Banking Corp Annual Shareholders Meeting Transcript – 2022-12-13 – US$ 54.00 – Edited Transcript of WBC.AX shareholder or annual meeting 13-Dec-22 11:00pm GMT

Full Year 2022 Westpac Banking Corp Earnings Call Transcript – 2022-11-06 – US$ 54.00 – Edited Transcript of WBC.AX earnings conference call or presentation 6-Nov-22 11:00pm GMT

Westpac Banking Corp Market Update Transcript – 2022-07-27 – US$ 54.00 – Edited Transcript of WBC.AX conference call or presentation 27-Jul-22 12:00am GMT

Half Year 2022 Westpac Banking Corp Earnings Call Transcript – 2022-05-09 – US$ 54.00 – Edited Transcript of WBC.AX earnings conference call or presentation 9-May-22 12:00am GMT

More from Thomson StreetEvents

Thomson StreetEvents—Thomson StreetEvents is a leading provider of Web-based solutions for the investment community, offering services that transform the way companies communicate and meet disclosure requirements while assisting investors in managing and leveraging this information. Thomson StreetEvents service offers institutional investors a one-stop solution for managing corporate disclosure information by aggregating conference calls, webcasts, transcripts, call summaries, and other financial information into a time-saving, efficiency tool.
Purchase Thomson StreetEvents' Transcripts (verbatim reports) and Briefs (call summaries) of earnings, guidance, M&A and other corporate calls directly through Alacra. Discounted prices apply to reports produced over two weeks ago.

About the Author


Cite this Report

  
MLA:
Thomson StreetEvents. "Full Year 2023 Westpac Banking Corp Earnings Call Transcript" Nov 05, 2023. Alacra Store. May 02, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Full-Year-2023-Westpac-Banking-Corp-Earnings-Call-T15765871>
  
APA:
Thomson StreetEvents. (2023). Full Year 2023 Westpac Banking Corp Earnings Call Transcript Nov 05, 2023. New York, NY: Alacra Store. Retrieved May 02, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Full-Year-2023-Westpac-Banking-Corp-Earnings-Call-T15765871>
  
US$ 54.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.