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Westpac Posts $3.5bn Profit, Accelerates Digital and Sustainability Initiatives
3:26am on Monday 2nd of June, 2025 AEST
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Financial Services
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Westpac Posts $3.5bn Profit, Accelerates Digital and Sustainability Initiatives
3:26am on Monday 2nd of June, 2025 AEST
Key Points
1H25 net profit of $3.5 billion, down 1% from 1H24 excluding notable items
Common Equity Tier 1 (CET1) capital ratio steady at 12.2%, above target range
Business lending and household deposits show solid growth
Ongoing $251 million investment in UNITE digital transformation program
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