Westpac Banking Corp Announces Restructuring Efforts
Westpac Banking Corp has announced plans to eliminate 1,500 positions, marking the largest overhaul in a decade. The company’s restructuring efforts are aimed at improving operational efficiency and reducing costs.
Key Financial Metrics
- Current share price: 36.81 AUD
- 52-week high: 36.96 AUD
- Price to earnings ratio: 18.38
- Price to book ratio: 1.71
- 52-week low: 28.44 AUD
The company’s financial performance is reflected in its current share price and key financial metrics. The price to earnings ratio and price to book ratio indicate a moderate valuation.