Westpac H1 2026 Mixed Results Revenue Beats EPS Miss

Westpac posted H1 2026 net profit AUD 3.5 bn, up 1% YoY, but EPS fell to AUD 1 versus forecast AUD 97.5, a 98.97% miss.
Revenue surged to AUD 26.31 bn, far exceeding the AUD 10.946 bn forecast, delivering a 140.36% positive surprise.
Shares fell 2.13% pre‑market to AUD 37.63, and the bank declared a fully franked dividend of AUD 0.77 per share (75.6% payout).
The bank maintained 11% return on tangible equity, CET1 ratio 12.4%, and guided FY2026/27 EPS of USD 1.51/1.6 with revenue around USD 16.6‑17.2 bn.