Westpac NZ 2026 Full Year Financial Results Media Release

02/11/2026 09:49 NZDT, GENERAL

(All comparisons are excluding notables, and are for the 12 months ended 30 September 2026 versus the 12 months ended 30 September 2025)

• Pre-provision profit of $1,542 million, down 5%.

• Net profit of $1,087 million, down 9%.

• Net operating income of $3,074 million, flat.

• Net interest margin 2.23%, down 9 basis points.

• Operating expenses of $1,532 million, up 4%.

• Net impairment charge of $33 million, compared with an impairment benefit of $44 million in the previous period.

• Home lending up 4% to $74.5 billion, Business lending up 6% to $36.3 billion, Deposits up 4% to $84.4 billion.