• Profit after tax down 1% to $6.9 billion
• Return on tangible equity (ROTE) at 11%
• Final dividend of 77 cents per share, full year dividends at $1.53 per share
• Renewed leadership with Anthony Miller as CEO, driving execution of growth strategy

Westpac Banking Corporation has reported its 2025 financial results, with profit after tax down 1% to $6.9 billion and return on tangible equity (ROTE) at 11%. The company's capital position remains strong, with a Common Equity Tier 1 (CET1) capital ratio of 12.5%, placing Westpac in the top quartile of banks globally. Westpac has completed the Customer Outcomes and Risk Excellence (CORE) program, strengthening its risk practices and culture, leading to the release of the remaining $500 million operational risk capital overlay by APRA. The steady financial performance and strong capital position allowed the Board to declare a final ordinary dividend of 77 cents per share, taking the full year dividends, fully franked, to $1.53 per share. Total shareholder return for the year was 29%, placing Westpac first among its major bank peers. The Board has determined to carry surplus capital to balance the investment required for ongoing transformation and business growth, while maintaining flexibility to return surplus capital to shareholders. Anthony Miller has stepped into the CEO role, bringing renewed focus and momentum to Westpac's strategy, driving execution and strengthening employee engagement with a whole-of-bank to customer approach, while setting a clear path for growth.

Westpac is well-positioned to deliver sustainable returns for shareholders, with a capable leadership team focused on executing the company's growth strategy, supported by an engaged workforce.