Aussie Banks Must Avoid Earnings, Dividend Disappointment -- Market Talk

Dow Jones

Aug 04, 2025

2356 GMT - Much is riding on Australian banks meeting expectations for earnings and dividends when they update the market. Share prices of the major banks mostly underperformed the benchmark ASX 200 in July. Morgan Stanley attributes this to a brief rotation into mining, driven by higher iron-ore prices and renewed China stimulus hopes. Looking ahead to the banks' results season, MS expects revenue growth and margins to be the key earnings drivers, along with capital management strategies. "While the operating environment remains broadly stable, any disappointment on earnings or dividends could trigger a price-to-earnings de-rating given their full trading multiples," analyst Richard E. Wiles says. MS thinks investor expectations are optimistic for CBA and Westpac, but quite cautious for NAB. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

August 03, 2025 19:56 ET (23:56 GMT)

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Share prices of the major banks mostly underperformed the benchmark ASX 200 in July. <a href=\"https://laohu8.com/S/MTK\">Morgan Stanley</a> attributes this to a brief rotation into mining, driven by higher iron-ore prices and renewed China stimulus hopes. Looking ahead to the banks' results season, MS expects revenue growth and margins to be the key earnings drivers, along with capital management strategies. \"While the operating environment remains broadly stable, any disappointment on earnings or dividends could trigger a price-to-earnings de-rating given their full trading multiples,\" analyst Richard E. Wiles says. MS thinks investor expectations are optimistic for CBA and Westpac, but quite cautious for NAB. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 03, 2025 19:56 ET (23:56 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Aussie Banks Must Avoid Earnings, Dividend Disappointment -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAussie Banks Must Avoid Earnings, Dividend Disappointment -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-08-04 07:56</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2356 GMT - Much is riding on Australian banks meeting expectations for earnings and dividends when they update the market. Share prices of the major banks mostly underperformed the benchmark ASX 200 in July. <a href=\"https://laohu8.com/S/MTK\">Morgan Stanley</a> attributes this to a brief rotation into mining, driven by higher iron-ore prices and renewed China stimulus hopes. Looking ahead to the banks' results season, MS expects revenue growth and margins to be the key earnings drivers, along with capital management strategies. \"While the operating environment remains broadly stable, any disappointment on earnings or dividends could trigger a price-to-earnings de-rating given their full trading multiples,\" analyst Richard E. Wiles says. MS thinks investor expectations are optimistic for CBA and Westpac, but quite cautious for NAB. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 03, 2025 19:56 ET (23:56 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ANZ.AU","symbol_name":"ANZ GROUP HOLDINGS LTD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2556754698","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2556754698","pubTimestamp":1754265360,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2356 GMT - Much is riding on Australian banks meeting expectations for earnings and dividends when they update the market. 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Morgan Stanley attributes this to a brief rotation into mining, driven by higher iron-ore prices and renewed China stimulus hopes. Looking ahead to the banks' results season, MS expects revenue growth and margins to be the key earnings drivers, along with capital management strategies. \"While the operating environment remains broadly stable, any disappointment on earnings or dividends could trigger a price-to-earnings de-rating given their full trading multiples,\" analyst Richard E. Wiles says. MS thinks investor expectations are optimistic for CBA and Westpac, but quite cautious for NAB. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  August 03, 2025 19:56 ET (23:56 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}