Westpac reports mortgage recovery. Westpac stock has AUD 118.5 billion value

Published on 10/14/2026 at 09:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mortgage applications rose 15 percent from July's low. Westpac stock costs EUR 21.63 on October 14, 2026, while market value is AUD 118.5 billion.

Mortgage demand and reporting calendar

Mortgage applications rose 15 percent from the July low on October 14, 2026.
First-half 2026 revenue reached AUD 10.9 billion, up 2.90 percent year over year.
Westpac stock traded at EUR 21.63 at 9:36 a.m. CEST at Lang & Schwarz on October 14, 2026.
Westpac plans to announce fiscal 2026 results on November 2, 2026, followed by its annual meeting on December 16, 2026.

Westpac, AU000000WBC1, Illustration mit AI erstellt.

Westpac reported on October 14, 2026 that mortgage applications had risen 15 percent from the July low, while market data put Westpac stock's market capitalization at AUD 118.5 billion. The research points to recovering activity alongside cautious property demand.

Three dated developments

On May 6, 2026, Simply Wall St reported that Westpac's first-half 2026 revenue reached AUD 10.9 billion, up 2.90 percent from the first half of 2025. Net income was AUD 3.41 billion, also up 2.90 percent.

On August 10, 2026, Yahoo Finance published Westpac's third-quarter FY2026 update, which said revenue increased 1 percent and net profit excluding notable items rose 2 percent against the first-half 2026 average. Mortgage applications had declined 20 percent since the budget.

On October 14, 2026, MarketScreener reported Westpac research showing that 41 percent of Australians considered it a bad time to buy a first home, while mortgage applications were up 15 percent from the July low. The survey covered 1,165 Australians between September 18 and September 28, 2026.

What the mortgage rebound means

The recovery is measured against a weak July base rather than a return to normal demand. The same research said applications were still down 5 percent from pre-Budget levels as of the week ending October 2, 2026, leaving mortgage growth exposed to affordability concerns and interest-rate uncertainty.

For Westpac, the lending signal matters alongside margin pressure. The third-quarter update said Australian mortgages excluding RAMS grew 2 percent, but mortgage applications fell 11 percent from the second quarter and competition was expected to weigh on margins in the full-year results.

Results and annual meeting dates

Westpac's investor centre says fiscal 2026 results are scheduled for November 2, 2026, and the 2026 Annual General Meeting is set for December 16, 2026. The same calendar lists first-half 2027 results for May 3, 2027, giving investors a defined sequence for assessing loan demand, margins and productivity.

Westpac stock at Lang & Schwarz

Westpac stock was trading at EUR 21.63 at Lang & Schwarz on October 14, 2026 at 9:36 a.m. CEST. The Australian primary listing was AUD 34.69 at 5:20 a.m. UTC on October 14, 2026, while its 52-week range was AUD 33.46 to AUD 43.32. The further course of trading is shown by the continuously updated real-time quote of Westpac stock.