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How Westpac’s $6.9bn Profit Reflects Its Strategic Transformation Journey
7:39am on Monday 3rd of November, 2025 AEDT
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Financial Services
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How Westpac’s $6.9bn Profit Reflects Its Strategic Transformation Journey
7:39am on Monday 3rd of November, 2025 AEDT
Key Points
Statutory net profit of $6.9 billion, 2% decline excluding notable items
Common Equity Tier 1 (CET1) ratio steady at 12.5%, above regulatory minimums
7% growth in customer deposits and 6% growth in loans, led by business and institutional lending
Operating expenses rose 9%, including $273 million restructuring charge under Fit for Growth
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