Wednesday, July 15, 2026

HomeBusiness NewsWestpac (ASX:WBC) profits slide to $7 billion as mortgage wars bite

Westpac (ASX:WBC) profits slide to $7 billion as mortgage wars bite

- Advertisement -


Westpac’s full-year net profit fell 3 per cent to $7 billion as the mortgage wars dragged down the bank’s cash earnings, to slightly below analyst expectations.

Westpac on Monday morning reported the sharpest decline in earnings in its consumer division. Although net loans and deposits grew,…



Click here to view the original article.

- Advertisment -
- Advertisement -

Recently Viewed