Westpac posted a 3% rise in annual cash profit to a record A$7.8 billion, helped by growth in mortgages.
Monetary policy decisions will hog the spotlight in Asia this week, with policymakers in Australia, Thailand and Malaysia set to convene.
Asian shares traded mixed on Friday, following the BOJ's decision and as child care-related firms got a boost from China's policy change.
Asian markets traded mixed Wednesday, with losses in energy plays counterbalanced by gains in Japan shares on stimulus hopes.
Lending growth at Australia's major banks is easing as the broader economy cools following the end of a mining investment boom.
Asian stocks mostly extended their rally on Monday after another rate cut in China fueled risk appetite.
Asian share markets rallied on Friday, encouraged by sharp offshore gains following hints of new stimulus from the European Central Bank.
Asia diverged on Wednesday, with China stocks posting its worst one-day performance in five weeks. By contrast, Japan's Nikkei 225 jumped on the back of easing hopes.
Asian stocks traded mixed on Tuesday, with energy shares taking a hit as signs of weakness in China rekindled declines in oil prices.
A government-backed inquiry in Australia called for more competition and stronger capital reserves for the nation's four major banks.
Asian shares traded mixed on Monday after China's gross domestic product showed the world's second-biggest economy cooled lesser than expected.
Asian shares largely declined on Tuesday as investors digested the latest inflation data due out of China.
Just two days after notching a two-month high, the Australian dollar is under attack amid bets for fresh stimulus in November.
Westpac unveiled a $2.5B capital raising to meet new stricter capital rules, and also pushed home loan rates higher by 20 basis points.
Equity markets in China got a boost from comments out of the country's central bank that the country's market correction is "almost over."
Energy shares across Asia climbed Wednesday after oil prices surged overnight, helping to pull most Asia markets into positive territory.
Asian stocks were mixed on a subdued Friday, as investors awaited the crucial U.S. nonfarm payrolls report for September.
Asian shares plummeted on Tuesday, with commodity plays among the biggest casualties on the back of China-related worries.
Asian equity markets were mixed on Monday, with data from the world's second largest economy in focus.
Asian stocks were mostly lower amid choppy trade on Friday, as uncertainty over the outlook of U.S monetary policy sapped investor confidence.