Westpac Banking Corporation reported a net profit excluding notable items of AUD 1.90 billion for the first quarter ended 31 December 2025, representing a 6% increase for the period. Net operating income reached AUD 5.80 billion, up 1%, while pre-provision profit rose 7% to AUD 2.80 billion. Operating expenses were AUD 3.00 billion, reflecting a 5% decrease. Impairment charges to average loans stood at 6 basis points, with a 2 basis point increase. Gross loans increased by AUD 22.00 billion, up 7%, and deposits grew by AUD 12.00 billion, also up 7% for the quarter. Westpac provided updates on customer services, including processes for updating bank account details and participation in the dividend reinvestment plan. The company also highlighted the availability of online investor resources and reiterated its focus on risk management and ongoing system improvements, noting that product features and processes are subject to change and may experience disruption.

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