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Add as a preferred source on GoogleWestpac Profit Falls 1% as Loan Impairment Charges Rise
Business lending grew during the year ended Sept. 30, 2026.
Westpac Banking Corporation’s statutory net profit attributable to owners fell 1% for the year ended Sept. 30, 2026, as higher charges for impaired loans outweighed improved operating income and lower expenses.
Business lending also grew during the year. The profit figure was statutory net profit attributable to owners.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.