Atlas Funds Management

AFR: ‘Best days behind us’ for bank stocks ??

‘Best days behind us’ for bank stocks

Westpac has credit provisions of $4.9 billion versus expected credit losses in the base case of $3.4 billion, and a worse case scenario producing expected credit losses of $6.8 billion. Dive believes it is hard to see a 27 per cent fall in property prices as they have already fallen 8.4 per cent over the last 12 months.

Exit mobile version