Major Banks Analysis

Delivering solid, not spectacular growth

Welcome to PwC's Major Banks Perspectives May 2012 - our analysis of the major banks' half year results.

Australia's four major banks have again put in a strong performance compared to many of their overseas counterparts, reporting a return on equity of 15.9 per cent.

Yet profit growth is under pressure, margins are contracting and credit growth remains elusive.

How banks respond to the increasing regulatory burden, fast-moving technological changes and shifting demographics will shape the future.

But how banks evolve with their customers will be the true determinant of success.

To this end, PwC's Major Banks report has a special focus on the biggest leap forward in the customer data space seen for years; the all-too-accurate name of Big Data.

In addition to our analysis of the Big Four's bottom lines, we shine a light on how the Australian banks' costs compare to international peers.