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Westpac Banking (WBC) investor relations material
Westpac Banking AGM 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.AGM 2025 summary10 Dec, 2025
Opening remarks and agenda
Acknowledgement of traditional owners and commitment to reconciliation initiatives.
Meeting agenda included addresses from the Chairman and CEO, director elections, shareholder resolutions, and Q&A.
Voting was conducted by poll, with results to be published post-meeting.
Financial performance review
CET1 capital ratio at 12.5%, reinforcing a strong capital position.
Net profit (excluding notable items) was AUD 7 billion, with return on tangible equity at 11%.
Deposit growth of 7% outpaced loan growth of 6%, raising the deposit-to-loan ratio to 85%.
Total expenses increased by 9% due to transformation investments and higher staff costs.
Earnings per share were AUD 2.01, with share buybacks contributing AUD 0.03.
Board and executive committee updates
New directors Deborah Hazleton, David Cohen, and Pip Greenwood were nominated for election.
Peter Nash sought re-election, with the board unanimously supporting his nomination.
Margie Seale stepped down as Chair of the Remuneration Committee, succeeded by Deborah Hazleton.
Board composition reflects a blend of continuity and renewal, with a focus on financial services expertise.
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Next Westpac Banking earnings date
Q1 202613 Feb, 2026
Next Westpac Banking earnings date
Q1 202613 Feb, 2026
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Frequently asked questions
Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, the Americas, Asia, Europe, and internationally. The company operates in four divisions: Retail Bank (Westpac-branded retail and business banking operations), Corporate & Institutional Bank (financial markets, institutional banking, trade services, foreign currency exchange, payments systems, and treasury services), Investment & Asset Management (investment solutions and wealth management), and Westpac New Zealand (domestic banking in New Zealand). It has 1.6 million customer accounts. Westpac Banking Corporation is headquartered in Sydney, Australia.
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