Latest WBC News

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Finance Wrap - Week 7 (9 Feb -> 13 Feb) 2026

Takeover chatter lit up Pepper Money, while Identitii ran hard after a regulator stepped in. At the other end, AMP slid despite higher profit, as investors weighed leadership change and legal costs.
Logan Eniac
14 Feb 2026

Westpac Posts Solid $1.9bn Profit, Maintains Strong Capital and Credit Quality

Westpac Banking Corporation reported a steady net profit of AUD 1.9 billion for the first quarter of 2026, underpinned by stable margins and robust capital ratios. The bank’s credit quality and funding position remain resilient amid a cautious economic outlook.
Claire Turing
13 Feb 2026

Westpac’s Q1 Profit Climbs 6% as Strategic Overhaul Gains Traction

Westpac Banking Corporation reported a 6% rise in net profit for the first quarter of 2026, underpinned by strong capital ratios and ongoing transformation initiatives. The bank’s strategic focus on customer service and operational efficiency signals a confident outlook amid evolving market conditions.
Claire Turing
13 Feb 2026

Westpac Declares Fully Franked AUD 1.18 Distribution on Capital Notes 10

Westpac Banking Corporation has announced a fully franked distribution of AUD 1.1789 per Westpac Capital Notes 10 for the quarter ending March 2026, reflecting a 4.78% annualised yield based on current market rates.
Victor Sage
29 Dec 2025

Westpac Sets Final Dividend at 77 Cents with No DRP Discount

Westpac Banking Corporation confirms a fully franked final dividend of AUD 0.77 per share, alongside detailed Dividend Reinvestment Plan pricing and foreign currency payment options for shareholders.
Victor Sage
3 Dec 2025

Westpac Offloads $21.4bn RAMS Mortgage Portfolio to Pepper Money Consortium

Westpac has agreed to sell its $21.4 billion RAMS mortgage portfolio to a consortium led by Pepper Money, KKR, and PIMCO, aiming to simplify operations and boost capital ratios despite an expected loss on sale.
Victor Sage
3 Nov 2025

Westpac’s 2025 Profit Dips Slightly Amid Bold Transformation Push

Westpac Banking Corporation reported a modest decline in full-year net profit, while advancing key transformation initiatives and raising dividends slightly.
Victor Sage
3 Nov 2025

Westpac’s $6.9bn FY25 Profit Highlights Digital Growth and Sustainability Drive

Westpac Banking Corporation reported a solid $6.9 billion net profit for FY25, underpinned by strong deposit growth and ongoing digital transformation, while advancing ambitious sustainability targets.
Claire Turing
3 Nov 2025

Westpac Delivers Solid FY25 Result Amid Strategic Transformation Push

Westpac reported a resilient full-year 2025 performance with modest profit decline, robust loan and deposit growth, and ongoing strategic initiatives aimed at simplifying operations and enhancing customer experience.
Victor Sage
3 Nov 2025

Westpac’s $6.9bn Profit Highlights Resilience Amid Strategic Transformation

Westpac Banking Corporation reported a solid $6.9 billion statutory net profit for 2025, maintaining strong capital and credit quality while increasing dividends. The bank’s ongoing transformation and disciplined growth underpin its outlook amid evolving economic conditions.
Claire Turing
3 Nov 2025

Westpac Declares Fully Franked AUD 0.77 Final Dividend with DRP Option

Westpac Banking Corporation has announced a fully franked final dividend of AUD 0.77 per share for the half-year ending September 2025, with a Dividend Reinvestment Plan available to eligible shareholders.
Victor Sage
3 Nov 2025

Westpac 2025 Annual Report, Net Profit Dips 1%, UNITE Transformation Advances

Westpac Banking Corporation reported a slight 1% decline in net profit to $6.916 billion for 2025, while maintaining a strong capital position and progressing its UNITE transformation program. The bank declared a fully franked final dividend of 77 cents per share, underscoring its commitment to shareholder returns amid ongoing economic challenges.
Claire Turing
3 Nov 2025