Westpac Banking Corp
WBC: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ?d | LOCK|?>N | LOCK|C>&VFt& |
Westpac: Slowing Housing Market More a Fiscal 2027 Earnings Headwind
Westpac's third-quarter 2026 underlying profit of AUD 1.8 billion increased 2% on the first-half fiscal 2026 quarterly average. Loan growth of 2% and steady net interest margins supported top-line growth, while operating expenses and loan impairments increased by 1%. Shares slipped 5%.
