Banking’s golden run stalls as economies cool
ANALYSIS: Results from the Big Four banks last week were solid enough, but the market might have to wait some time for new profit records to be set.
Shareholders have been placated with buybacks and dividends.
Shares in Australia’s Big Four banks have been investor favourites for decades, and while there was enough to appease shareholders in the recent round of earnings results, there were also clear question marks on the future outlook.
Three of the four reported half-yearly results and all of them –
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