Westpac Banking (WBK)
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140.11
-0.24 -0.17%
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Jun 18, 5:00PM
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Westpac Banking Retained Earnings Quarterly YoY Growth:
14.21% for Sept. 30, 2012Westpac Banking Historical Retained Earnings Quarterly YoY Growth Data
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About Retained Earnings Growth
Retained Earnings Growth is the percent increase/decrease of a company's retained net income over time. A company can use retained earnings to maintain current operations, or to invest in new ventures. Generally speaking, retained earnings growth is accompanied by subsequent increases in sales and profitability.
If a company's retained earnings at the end of 2008 were $12 million, and by the end of 2009 the company's retained earnings increased to $15 million, the company experienced a retained earnings growth of 25%.
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WBK Retained Earnings Quarterly YoY Growth Benchmarks
| Companies | |
|---|---|
| Australia and New Zealand Banking Group | 18.76% |
| National Australia Bank | 13.35% |
| Commonwealth Bank of Australia |
WBK Retained Earnings Quarterly YoY Growth Range, Past 5 Years
| Minimum | 2.10% | Sep 2008 |
| Maximum | 35.91% | Sep 2010 |
| Average | 16.24% |
