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Australia's Westpac grows FY profit as mortgage income shrinks

By Byron Kaye and Roushni Nair (Reuters) -Australian No. 2 lender Westpac, said on Monday that annual profit jumped by a quarter as a pickup in business . ....

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Australia's Westpac posts higher annual profit as key markets pump up earnings

Australia s Westpac Banking Corp
on Monday posted a 26% rise in annual profits, helped
by growth across key markets, though the lender warned of
operational challenges would continue into fiscal. ....

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Australia's Westpac posts 26% rise in annual profit

Australia s Westpac Banking Corp
on Monday posted a 26% rise in annual profits, helped
by growth across key markets including deposits and mortgages,
while also commencing an A$1.5 billion share. ....

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Australia's Westpac posts higher annual profit amid potential hindrances into 2024

(Reuters) -Australia's Westpac Banking Corp on Monday slightly missed expectations while posting a 26% rise in annual profits due to growth across its key markets, though the lender warned challenges in its operating environment would continue into fiscal 2024. Westpac also said it had started an A$1.5 billion ($975.60 million) share buyback. Shares in Westpac, which have been trading higher for a fourth-straight session, rose 1.7% to A$21.86 by 2328 GMT, their highest level since Sept. 18. ....

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Australia's Westpac posts higher annual profit as key markets pump up earnings

Australia's Westpac posts higher annual profit as key markets pump up earnings
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