Big four bank profits tipped to hit over $11b as rate hikes loom - Sydney Morning Herald
5/1/2022 12:00:00 AM3 yearsago
by Clancy Yeates
by Clancy Yeates
The impact of rising interest rates on banks will be front and centre this week, as a round of bank profit results gets under way.
The big four banks are expected to report over $11 billion in profits in the coming weeks and investors are betting higher interest rates will further boost earnings as the era of ultra-cheap debt co… [+1859 chars]
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