Westpac flags AUD 41.00 million litigation item and Westpac stock costs EUR 22.94

Published on 10/26/2026 at 09:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Westpac disclosed an AUD 41.00 million pre-tax item on October 19, 2026. Westpac stock costs EUR 22.94 on October 26, 2026.

Results and dates ahead

Westpac recognized an AUD 41.00 million pre-tax RAMS litigation item on October 19, 2026.
First-half 2026 revenue reached AUD 10.90 billion, up 2.90 percent from the prior-year period.
Westpac stock trades at EUR 22.94 at 9:36 a.m. CET at Lang & Schwarz on October 26, 2026.

Westpac, AU000000WBC1, Illustration mit AI erstellt.

Westpac stock was trading at EUR 22.94 at Lang & Schwarz on October 26, 2026 at 9:36 a.m. CET. Westpac said on October 19, 2026 that expenses linked to RAMS litigation would create an AUD 41.00 million pre-tax notable item in the second half of fiscal 2026. The disclosure comes before the bank's full-year results.

Results arrive on November 2

The results announcement is scheduled for November 2, 2026. Westpac's investor calendar also lists the 2026 annual general meeting for December 16, 2026, giving investors two dated events for assessing the litigation item and the bank's operating update.

The October 19 release said credit-quality categories had been revised to align stressed-exposure and provisioning disclosures. It also said the revised mortgage delinquency presentation would include increases of 3 basis points at September 2025 and 5 basis points at March 2026, while the effects on credit quality, provisioning and capital were immaterial.

What does the litigation item mean?

The immediate accounting effect is defined, but the broader investor question is how the bank's expense base and credit costs develop in the full-year report. The pre-tax item is AUD 41.00 million, while the latest reported first-half revenue was AUD 10.90 billion, up 2.90 percent from the first half of 2025, according to Simply Wall St. First-half net income was AUD 3.41 billion and earnings per share were AUD 1.00, compared with AUD 0.97 in the prior-year period.

Valuation before the report

Westpac's primary listing is on the ASX under ticker WBC. The last quoted ASX value was AUD 36.53 on October 26, 2026 at 4:11 p.m. AEDT, while the market capitalization was AUD 124.7 billion. The 52-week ASX range was AUD 33.46 to AUD 43.32. The euro quotation therefore gives German investors a separate trading reference, while the bank's results remain reported in Australian dollars.

Stock and investor calendar

The scheduled November 2 results should show how the AUD 41.00 million item, credit-quality revisions and operating performance combine in fiscal 2026. The December 16 annual meeting is the next separately listed shareholder date.

Westpac was trading at EUR 22.94 at Lang & Schwarz on October 26, 2026 at 9:36 a.m. CET. The further course of trading is shown by the continuously updated real-time quote of Westpac stock.