News: WBC Westpac Banking Corp says FY cash earnings of $7.82 bln

Nov 7 (Reuters) - Westpac Banking Corp (WBC)

• FY net interest income $15.35 billion, up 8%
• FY cash earnings of $7,822 million, in line with prior year
• Unchanged final, fully franked dividend of 94 cents per share
• FY net interest margin was up 5 basis points to 2.13 percent
• FY profit from ordinary activities after tax attributable to equity holders down 7% to $7.45 billion
• FY revenue from ordinary activities down 3% to $20.985 billion
• "Financial system credit growth is likely to be in line with current year at around 5.5%"
• As at sept 30, 2016 common equity tier 1 capital ratio of 9.5%, down 2 basis points
• "Housing credit growth is likely to ease a little as price growth slows"
• As at 30 sept 2016, total net non performing loans $ 966 million versus $904 million as at 30 sept 2015