Westpac Banking Corporation
(ASX:WBC) has posted a full year net profit of $7.82 billion up 3 per cent on last year.
The banks said total lending for the year was up 7 per cent with housing loans also up 7 per cent.
The second largest of the big four banks says it has been slowly growing business across all divisions as the economy transitions from resource-dominated growth to a broader service-based economy.
The lender will pay a full year dividend of 94 cents per share fully-franked.
