Westpac Reports Q3 Unaudited Net Profit of A$1.8 Billion
Westpac reported an unaudited net profit of A$1.8 billion for Q3, with a CET1 ratio of 12.1% and a net interest margin of 1.89%.
WBC
Westpac posted an unaudited net profit of A$1.8 billion excluding notable items for the third quarter. Statutory net profit also came in at A$1.8 billion.
The bank’s CET1 capital ratio stood at 12.1%. The core net interest margin was 1.78%, while the overall net interest margin was 1.89%.
Source: First Squawk