Brief: Westpac Logs Qtrly Unaudited Net Profit Of AUD1.8 Billion Ex Notable Items

Westpac Banking

09/08/2026 22:41

Aug 10 (Reuters) - Westpac Banking Corp WBC.AX:
CONTINUE TO PURSUE PRODUCTIVITY SAVINGS OF MORE THAN A$550 MILLION IN FY26
QTRLY UNAUDITED NET PROFIT AUD1.8 BILLION EX NOTABLE ITEMS
AS AT QTR-END, CET1 RATIO 12.1%
QTRLY CORE NIM 1.78%
EXPECT HOUSING CREDIT GROWTH TO MODERATE FROM 6.8% IN FY26 TO 4.7% IN FY27
UNDERSUPPLY OF HOUSING & POPULATION GROWTH EXPECTED TO PARTIALLY OFFSET IMPACT OF HIGHER RATES & RECENT POLICY CHANGES ON HOUSING MARKET
Further company coverage: WBC.AX

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