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
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Nov 7 (Reuters) - Westpac Banking Corp (WBC) FY net interest...
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