Westpac 2021 Full Year Result
Westpac Banking Corporation (NYSE:WBK), (ASX:WBC):
MEDIA RELEASE
1 NOVEMBER 2021
[All $ numbers are in Australian dollars/cents]
Financial results snapshot1
KEY POINTS
Statutory net profit $5,458m, up 138%
Cash earnings $5,352, up 105%
Cash EPS 146 cents, up 102%
NIM 2.04%, down 4bps
ROE 7.6%, up 372bps
CET1 capital ratio 12.32%, up 119bps
Fully franked final dividend 60 cents per share
Excl. notable items2, cash earnings $6,953m, up 33%
Excl. notable items2, ROE 9.8%, up 212bps
Total return to shareholders $5.7bn – $3.5bn off-market buy-back, $2.2bn dividends
2021 impairment benefit of $590m
Australian mortgage lending up 3% ($14.7bn)
Austra
