St George and Westpac the pick of bank profits

St George and Westpac are tipped to provide the strongest earnings growth in the bank reporting season that gets underway at the end of October. JP Morgan’s banking analysts forecast earnings per share growth of 12.7 per cent for St George, 10.9 per cent for Westpac, 9.2 per cent for ANZ, and minus 14.8 per cent for National Australia Bank.