Westpac Banking Corporation (NZE:WBC)

Westpac Banking Income Statement

Financials in millions AUD. Fiscal year is October - September.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Interest Income on Loans	53,054	52,739	42,515	22,981	22,132
Interest Income on Investments	1,988	1,608	1,237	270	146
Total Interest Income	55,042	54,347	43,752	23,251	22,278
Interest Paid on Deposits	35,662	35,594	25,435	6,090	5,420
Net Interest Income	19,380	18,753	18,317	17,161	16,858
Net Interest Income Growth (YoY)	3.34%	2.38%	6.74%	1.80%	0.97%
Income From Trading Activities	717	704	717	664	719
Gain (Loss) on Sale of Assets	1	249	-	-826	195
Gain (Loss) on Sale of Investments	-	-	-	-	43
Gain (Loss) on Sale of Equity Investments	-	-	-	-	-6
Other Non-Interest Income	2,286	1,882	2,611	2,607	3,413
Total Non-Interest Income	3,004	2,835	3,328	2,445	4,364
Non-Interest Income Growth (YoY)	5.96%	-14.81%	36.12%	-43.97%	25.15%
Revenues Before Loan Losses	22,384	21,588	21,645	19,606	21,222
Provision for Loan Losses	424	537	648	335	-590
Revenue	21,960	21,051	20,997	19,271	21,812
Revenue Growth (YoY)	4.32%	0.26%	8.96%	-11.65%	28.27%
Salaries and Employee Benefits	6,223	5,711	5,775	5,644	5,844
Occupancy Expenses	652	700	786	797	951
Amortization of Goodwill & Intangibles	997	923	631	546	783
Selling, General & Administrative	3,175	2,960	2,795	2,906	3,629
Other Non-Interest Expense	484	443	382	338	538
Total Non-Interest Expense	11,626	10,834	10,459	10,319	11,842
EBT Excluding Unusual Items	10,334	10,217	10,538	8,952	9,970
Asset Writedown	-23	-19	-	-349	-805
Pretax Income	10,044	10,107	10,305	8,469	8,501
Income Tax Expense	3,111	3,117	3,104	2,770	3,038
Earnings From Continuing Operations	6,933	6,990	7,201	5,699	5,463
Minority Interest in Earnings	-17	-	-6	-5	-5
Net Income	6,916	6,990	7,195	5,694	5,458
Preferred Dividends & Other Adjustments	6	7	5	-	-
Net Income to Common	6,910	6,983	7,190	5,694	5,458
Net Income Growth	-1.06%	-2.85%	26.36%	4.32%	138.34%
Basic Shares Outstanding	3,422	3,476	3,502	3,559	3,653
Diluted Shares Outstanding	3,690	3,895	3,891	3,889	4,118
Shares Change (YoY)	-5.26%	0.10%	0.05%	-5.56%	14.68%
EPS (Basic)	2.02	2.01	2.05	1.60	1.49
EPS (Diluted)	1.99	1.92	1.95	1.52	1.38
EPS Growth	4.03%	-1.80%	28.08%	10.57%	116.38%
Dividend Per Share	1.530	1.510	1.420	1.250	1.180
Dividend Growth	1.32%	6.34%	13.60%	5.93%	280.64%
Effective Tax Rate	30.97%	30.84%	30.12%	32.71%	35.74%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.