2 days ago
Westpac Profit Gains as Business Lending Supports Bank's Growth
Westpac Banking Corp. 's profit edged up in the third quarter as business and institutional loan growth buoyed the Australian lender.
Unaudited net profit came in at A$1.9 billion ($1.2 billion) in the three months to June 30, according to a statement Thursday. The firm reported a net interest margin of 1.99%.