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Westpac Profit Edges Up as CEO Flags Moderating Housing Market

Bloomberg Markets Sunday 09 August 2026, 21:48 UTC By Adam Haigh 1 min read
Key Points

Westpac Profit Edges Up as CEO Flags Moderating Housing Market Westpac Banking Corp.’s profit expanded slightly as deposit and loan growth offset caution on the housing market from the lender’s chief executive. Unaudited net profit came in at A$1.8 billion ($1.3 billion) in the three months to June 30, according to a statement on Monday. The Sydney-based lender reported a net interest margin of 1.89%.

Westpac Profit Edges Up as CEO Flags Moderating Housing Market Westpac Banking Corp.’s profit expanded slightly as deposit and loan growth offset caution on the housing market from the lender’s chief executive. Unaudited net profit came in at A$1.8 billion ($1.3 billion) in the three months to June 30, according to a statement on Monday. The Sydney-based lender reported a net interest margin of 1.89%.
Westpac Profit Edges (ORG) Flags Moderating Housing Market Westpac Profit Edges (ORG) Flags Moderating Housing Market Westpac Banking Corp.’s (ORG) Sydney (LOCATION)
Originally published by Bloomberg Markets Read original →

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