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Westpac NZ grows key segments in resilient full-year result

03/11/2025, 10:04 NZDT, GENERAL

Key financials (All comparisons are excluding notables, and are for the 12 months ended 30 September 2025 versus the 12 months ended 30 September 2024) · Pre-provision profit of $1,618 million, up 8%. · Net profit of $1,197 million, up 13%. · Net operating income of $3,089 million, up 8%. · Operating expenses of $1,471 million, up 7%. · Net impairment benefit of $44 million, compared with an impairment charge of $27 million in the previous period. . Net interest margin 2.32%, up 15 basis points. · Home lending up 5% to $71.3 billion, Business lending up 2% to $34.2 billion, Deposits up 2% to $81 billion.