WESTPAC BANKING CORP (WBC) FY2025 TL;DR
Westpac reported a stable financial year with Statutory Net Profit After Tax (NPAT) of $6,933M, a marginal decline from the prior year, though Basic EPS increased to 201.9 cents. Total Assets expanded to $1.13 Trillion. Earnings were supported by strong Net Interest Income (NII) growth of $627M, primarily driven by volume, although significant expense inflation offset better core performance. Operating Expenses rose 8.9% to $11.92B, fueled by significant increases in Staff Costs ($6.59B) and Technology spending ($3.14B), alongside a ma
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