ASX Bank Shares
Westpac (ASX:WBC) share price in focus on FY25 first quarter update
The Westpac Banking Corp (ASX:WBC) share price is under the spotlight after releasing its FY25 first quarter update.
February 17, 2025
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
The Westpac Banking Corp (ASX:WBC) share price is under the spotlight after releasing its FY25 first quarter update.
The Cochlear Ltd (ASX:COH) share price fell 14% on Friday after the hearing device stock announced its HY25 result.
The AMP Ltd (ASX: AMP) share price sank around 15% after releasing its FY24 result. Investors clearly wanted more.
The GQG Partners Inc (ASX:GQG) share price is up more than 4% after reporting a strong FY24 result with a big dividend.
The Insurance Australia Group Ltd (ASX:IAG) share price dropped 10% after reporting its HY25 result, which disappointed the market.
The Pro Medicus Ltd (ASX:PME) share price is down 2% after reporting its incredible FY25 first-half result and dividend.
The Temple & Webster Group Ltd (ASX:TPW) share price is under the spotlight after announcing significant growth in its HY25 result.
The Suncorp Group Ltd (ASX:SUN) share price is up more than 4% after the insurance business reported its FY25 first half result.
The AGL Energy Ltd (ASX:AGL) share price is under the spotlight today after reporting its FY25 first-half result.
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