Westpac Banking Corporation · ASX:WBC
Westpac Banking — Investor Presentation (February 2013)
8 slides from Westpac Banking's investor presentation, Feb 25, 2013
Slide 1: Pillar 3 & Capital Update for 31 December 2012
For personal use only PILLAR 3 & CAPITAL UPDATE FOR 31 DECEMBER 2012 25 FEBRUARY 2013 This document should be read in conjunction with Westpac’s Pillar 3 Report for December 2012, incorporating the requirements of APS 330 Westpac Banking Corporation ABN 33 007 457 141
Slide 2: Pillar 3 highlights – capital position further strengthened
Pillar 3 highlights – capital1 position further strengthened For personal use only • Reported Common equity ratio on a Basel 2.5 basis up 45bps to Capital ratios (%) 1H12 2H12 1Q13 8.8% in 1Q13, supported by good organic capital growth, lower capital deductions and a decline in risk weighted assets
Slide 3: Asset quality continues to improve
Asset quality continues to improve For personal use only • Stressed assets to TCE1 down 18bps at December 2012, Stressed exposures as a % of TCE1 to 1.99% – Decreases across all categories; Impaired, 90 days 4.0 past due well secured and Watchlist & substandard Impaired – Dollar value of stressed ex
Slide 4: Stressed exposures falling; provisioning remains strong
Stressed exposures falling; provisioning remains strong For personal use only Provisioning coverage ratios 2H11 1H12 2H12 1Q13 Stressed exposures1 by industry ($bn) 6.0 Collectively assessed 126bps 122bps 113bps 114bps provisions to credit RWA Collectively assessed 5.0 provisions to performing non-
Slide 5: Consumer asset quality continues to perform well
Consumer asset quality continues to perform well For personal use only • Consumer asset quality continues to perform well given Australian mortgage delinquencies (%) the low levels of unemployment and ongoing cautious consumer behaviour > 90days > 30days 1.6 1.4 • Mortgage 90+ day delinquencies litt
Slide 6: Maintained solid funding position
Maintained solid funding position For personal use only • In 1Q13 continued to see lending growth fully funded by Customer deposit to loan ratio (%) deposit growth, the customer deposit to loan ratio up 70bps to 68.3% 68.3 – Household deposit growth particularly strong 67.6 • Actively managing matur
Slide 7: Investor Relations Team
Investor Relations Team For personal use only Equity Investor Relations For further information on Westpac Andrew Bowden Leigh Short Please visit our dedicated website Head of Investor Relations Senior Manager www.westpac.com.au/investorcentre click on ‘Analysts’ Centre’ +61 2 8253 4008 +61 2 8253 1
Slide 8: Disclaimer
Disclaimer For personal use only The material contained in this presentation is intended to be general background information on Westpac Banking Corporation (Westpac) and its activities. The information is supplied in summary form and is therefore not necessarily complete. It is not intended that it
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