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Westpac Navigates Global Uncertainty with Lending Growth and Stable Margins
3:26am on Monday 2nd of June, 2025 AEST
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Financials
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Westpac Navigates Global Uncertainty with Lending Growth and Stable Margins
3:26am on Monday 2nd of June, 2025 AEST
Key Points
Net profit after tax declined 1% to $3.3 billion
Australian business lending up 14%, institutional lending up 15%
Core net interest margin stable at 1.80%
Operating expenses rose 6% due to technology and staffing investments
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Westpac Banking (ASX:WBC)
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