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Half-year performance: A comparative analysis of Australia’s big four banks
latest feature
Half-year performance: A comparative analysis of Australia’s big four banks
Roger Montgomery
May 13, 2024
It has been a while since we reported on the major banks, which have now all provided half-year updates to their operating performance.
Before reporting on their results, I think it worthwhile to provide you with a usefully simplified framework for analysing or comparing a bank’s performance. Despite claims of complexity in their reporting and differentiation in their offerings, the big four banks are relatively simple businesses to understand at a high level, and broadly undifferentiated, offering everyday banking, loans, credit cards, wealth management and insurance. continue…
It has been a while since we reported on the major banks, which have now all provided half-year updates to continue...