ab 12 August 2024 Global Research and Evidence Lab Australian Banks Capital returns are possibly mispriced Equities Australasia Financial Dividends/buybacks/excess capital an underpin for Aussie bank share prices? We analyse how much excess capital the banks carry and if this is potentially a further underpin to share price performance, especially in the context of valuations which we continue to view as rich relative to historical trading ranges and lower expected levels of profitability. The consensus vie ...