WBC westpac banking corporation

News: WBC Westpac Reports CET1 Ratio 10.75% At Quarter End

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    Aug 15 (Reuters) - Westpac Banking Corp (WBC) :

    • WBC 3Q22 CAPITAL, CREDIT QUALITY & FUNDING UPDATE
    • AT QUARTER END, CET1 RATIO 10.75%
    • 3Q22 CASH EARNINGS PARTLY OFFSET BY HIGHER DEDUCTIONS FOR CAPITALISED SOFTWARE AND OTHER REGULATORY DEDUCTIONS
    • FUNDING AND LIQUIDITY STRONG
    • RWA UP A$18.0BN OR 3.9% IN 3Q22, MOSTLY FROM HIGHER INTEREST RATE RISK IN THE BANKING BOOK RWA
    • MORTGAGE 90+ DAY DELINQUENCIES FOR AUSTRALIA 0.83% AT QUARTER END
    • IN 3Q, TOTAL PROVISIONS TO CREDIT RWAS 1.25%, DOWN 5BPS OVER THE QUARTER
 
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