Westpac reports $1.9bn Q3 profit, up 14%
Westpac Banking Corporation reported net profit of $1.9 billion for the three months ended 30 June 2025, up 14% on the first-half average.
Net interest income grew 4%, driving pre-provision profit up 6%. Net interest margin was 1.99%, with core margin rising 5 basis points.
Customer deposits increased $10 billion and gross loans grew $16 billion. The CET1 capital ratio of 12.3% exceeded the target range of 11.0%-11.5%.
The bank completed 71% of its $3.5 billion share buyback program.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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