Westpac lifts lending, bad loans down despite gloomy economy
Published . Updated .
Covered by 2 outlets: The Weekly Times, The Australian.
This report is about banks.
Directly affected
- No company is named in this report.
Indirectly affected
- XLF Financial Select Sector SPDR-3.5% 30d
Financial Select Sector SPDR: it holds banks. Linked by “loans” (banks) in this story.
- KRE SPDR S&P Regional Banking ETF-4.8% 30d
SPDR S&P Regional Banking ETF: it holds banks. Linked by “loans” (banks) in this story.
- JPM JPMorgan Chase-4.3% 30d
JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “loans” (banks) in this story.
- BAC Bank of America-11.1% 30d
Bank of America (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “loans” (banks) in this story.
- WFC Wells Fargo-3.6% 30d
Wells Fargo (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “loans” (banks) in this story.
- C Citigroup-9.2% 30d
Citigroup (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “loans” (banks) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XLFNo price data for this ticker | — | — | — | — | — | — | — |
| KRENo price data for this ticker | — | — | — | — | — | — | — |
| JPMNo price data for this ticker | — | — | — | — | — | — | — |
| BACNo price data for this ticker | — | — | — | — | — | — | — |
| WFCNo price data for this ticker | — | — | — | — | — | — | — |
| CNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
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Westpac lifts lending, bad loans down despite gloomy economy The Weekly Times
Source: The Weekly Times
Congressional trades in the stocks in this story
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM) (held by a spouse), worth $15,001 - $50,000 on 4 Sep 2026. That is 58 days before publication. Filed 1 Oct 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM), worth $15,001 - $50,000 on 4 Sep 2026. That is 58 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a spouse), worth $100,001 - $250,000 on 27 Aug 2026. That is 66 days before publication. Filed 4 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Bank Of America (BAC) (held by a spouse), worth $1,001 - $15,000 on 9 Sep 2026. That is 53 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Laurel Lee sold Bank Of America (BAC) (held by a spouse), worth $50,001 - $100,000 on 24 Aug 2026. That is 69 days before publication. Filed 16 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Wells Fargo (WFC) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 37 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Wells Fargo (WFC) (held by a dependent child), worth $15,001 - $50,000 on 17 Sep 2026. That is 45 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Wells Fargo (WFC) (held by a dependent child), worth $1,001 - $15,000 on 15 Sep 2026. That is 47 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar sold Citigroup (C), worth $1,001 - $15,000 on 24 Sep 2026. That is 38 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Citigroup (C) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 58 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who is named in “Westpac lifts lending, bad loans down despite gloomy economy”
Companies mentioned with this story
- XLF Select Sector Spdr Tr
In “Westpac lifts lending, bad loans down despite gloomy economy,” Select Sector Spdr Tr (XLF) is linked, with no stored direction, medium confidence. Reason on file: Financial Select Sector SPDR: it holds banks. Linked by “loans” (banks) in this story
- KRE Spdr Series Trust
In “Westpac lifts lending, bad loans down despite gloomy economy,” Spdr Series Trust (KRE) is linked, with no stored direction, medium confidence. Reason on file: SPDR S&P Regional Banking ETF: it holds banks. Linked by “loans” (banks) in this story
- JPM Jpmorgan Chase
For “Westpac lifts lending, bad loans down despite gloomy economy,” Jpmorgan Chase (JPM) is linked, with no stored direction, medium confidence. Reason on file: JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “loans” (banks) in this story
- BAC Bank Of America
In “Westpac lifts lending, bad loans down despite gloomy economy,” Bank Of America (BAC) is linked, with no stored direction, medium confidence. Reason on file: Bank of America (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “loans” (banks) in this story
- WFC Wells Fargo
In “Westpac lifts lending, bad loans down despite gloomy economy,” Wells Fargo (WFC) is linked, with no stored direction, medium confidence. Reason on file: Wells Fargo (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “loans” (banks) in this story
- C Citigroup
Citigroup (C) is linked, with no stored direction, medium confidence in the 1 Nov 2026 story “Westpac lifts lending, bad loans down despite gloomy economy.” Reason on file: Citigroup (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “loans” (banks) in this story
How “Westpac lifts lending, bad loans down despite gloomy economy” reaches Select Sector Spdr Tr (XLF)
On 1 Nov 2026, “Westpac lifts lending, bad loans down despite gloomy economy” is the story that connects Select Sector Spdr Tr (XLF) to this story.
For Select Sector Spdr Tr (XLF), the reason on file says Financial Select Sector SPDR: it holds banks. Linked by “loans” (banks) in this story
Spdr Series Trust (KRE) is here too. Its reason reads: SPDR S&P Regional Banking ETF: it holds banks. Linked by “loans” (banks) in this story
Dates in the story, and the Select Sector Spdr Tr (XLF) price range
JPM traded between 325.12 and 345.73 across 20 sessions. The latest close on file is 337.10. KRE traded between 67.80 and 71.93 across 20 sessions. The latest close on file is 70.61. XLF traded between 52.82 and 56.03 across 20 sessions. The latest close on file is 55.07.
How strong the case is around Select Sector Spdr Tr (XLF)
54 out of 100
“Westpac lifts lending, bad loans down despite gloomy economy” scores 54 out of 100. The score uses 2 sources, and 6 linked companies.