Westpac books AUD 41 million RAMS charge. Westpac stock costs EUR 21.96

Published on 10/21/2026 at 10:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Westpac books an AUD 41 million pre-tax RAMS charge for fiscal 2026. Westpac stock costs EUR 21.96 on October 21, 2026 before November 2 results.

Charge and reporting calendar

Westpac recognized an AUD 41 million pre-tax RAMS litigation charge in fiscal second-half 2026 on October 19, 2026.
First-half 2026 revenue reached AUD 10.90 billion, up 2.90 percent from the prior year.
Westpac stock trades at EUR 21.96 at 10:00 a.m. CEST at Lang & Schwarz on October 21, 2026.
Westpac will publish fiscal 2026 results on November 2, 2026, before its December 16, 2026 annual meeting.

Westpac, AU000000WBC1, Illustration mit AI erstellt.

Westpac (ISIN AU000000WBC1) booked an AUD 41 million pre-tax charge linked to RAMS litigation and related legal costs in the second half of fiscal 2026. The announcement dated October 19, 2026 also revised the presentation of stressed credit exposures, according to Listcorp.

What changed in fiscal 2026?

The RAMS item is a defined cost rather than a change to Westpac's recurring revenue outlook. The company said the charge would flow through the second half of fiscal 2026, while revised credit-quality categories had an immaterial effect on credit provisioning and capital, according to Listcorp.

Westpac's three dated milestones

On June 26, 2026, Westpac paid an interim ordinary dividend of AUD 0.77 per share, fully franked, according to Westpac. On August 9, 2026, its third-quarter update showed revenue up 1.00 percent and net profit excluding notable items up 2.00 percent against the first-half average, according to Yahoo Finance.

On October 19, 2026, Westpac disclosed the AUD 41 million pre-tax RAMS charge for the second half of fiscal 2026. The timing places the item ahead of the bank's full-year reporting date.

What dates shape the next step?

Westpac will announce fiscal 2026 results on November 2, 2026, and hold its annual general meeting on December 16, 2026, according to Westpac. The results will give investors the next reported view of revenue, margins, credit quality and the effect of the litigation charge.

Westpac stock and the next report

Westpac's primary listing is on the ASX, where the stock was last at AUD 35.53 on October 21, 2026 at 4:16 p.m. AEDT. Its market capitalization was AUD 121.3 billion, while the 52-week range was AUD 33.46 to AUD 43.32 on the same date.

At Lang & Schwarz, Westpac stock was trading at EUR 21.96 on October 21, 2026 at 10:00 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Westpac stock.