WBC 0.38% $26.10 westpac banking corporation

News: WBC Westpac Banking says qtrly Australian mortgage delinquencies increased 2bps to 0.69 pct

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    Aug 21 (Reuters) - Westpac Banking Corp (WBC) :

    • During quarter, reduction in impaired assets contributed to stressed assets to TCE falling 4BPS to 1.10%
    • Qtrly Australian mortgage delinquencies increased 2bps to 0.69%, mostly from increased hardship associated with Cyclone Debbie
    • Qtrly Australian unsecured delinquencies increased 12bps to 1.75% mostly due to APRA hardship reporting changes
 
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