Westpac first-quarter profit rises on loan, deposit growth

Reuters

02/13

Feb 13 (Reuters) - Australia's Westpac Banking Corp WBC.AX said on Friday its first-quarter underlying net profit rose 6% from an average of the previous two quarters, driven by solid growth across customer deposits and loans.

The country's third-largest lender by market capitalisation reported unaudited net profit of A$1.9 billion ($1.35 billion) for the three months ended December 31.

($1 = 1.4102 Australian dollars)

(Reporting by Sameer Manekar and Sneha Kumar in Bengaluru; Editing by Krishna Chandra Eluri)

((Sameer.Manekar@thomsonreuters.com;Sneha.Kumar@thomsonreuters.com;))

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Editing by Krishna Chandra Eluri)</p><p> ((Sameer.Manekar@thomsonreuters.com;Sneha.Kumar@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7135","symbol_name":"综合性银行","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260212:nL4N3Z82BG:1","article_id":"2611724269","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2611724269","pubTimestamp":1770928902,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Westpac first-quarter profit rises on loan, deposit growthFeb 13  - Australia's Westpac Banking Corp WBC.AX said on Friday its first-quarter underlying net profit rose 6% from an average of the previous two quarters, driven by solid growth across customer deposits and loans.The country's third-largest lender by market capitalisation reported unaudited net profit of A$1.9 billion  for the three months ended December 31.  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