Westpac Banking Corporation is an Australia-based company that provides banking and selected financial services, operating under multiple brands, and predominantly in Australia and New Zealand, with a small presence in Europe, North America and Asia. Its segments include Consumer, Business and Wealth, Westpac Institutional Bank (WIB), Westpac New Zealand and Group Businesses. Consumer segment provides a full range of banking products and services to customers in Australia through three lines of business consisting of mortgages, consumer finance and cash and transactional banking. Business and Wealth segment comprises business banking, wealth management, private wealth, Westpac Pacific and auto finance. The WIB segment delivers a range of financial products and services to corporate, institutional and government customers. Westpac New Zealand segment provides banking, and wealth products and services for consumer, business and institutional customers in New Zealand.

Employees

33,395

Sector

Banks

Calendar

03/11/2024 - Q4 2024 Earnings Release

More about the company

Quotes

Date	Price	Change	Volume
11/10/24	30.86 $	-0.13%	4,032,806
10/10/24	30.90 $	-0.39%	3,296,512
09/10/24	31.02 $	+0.36%	2,968,218
08/10/24	30.91 $	+0.42%	4,252,450
07/10/24	30.78 $	+2.12%	4,029,666

Delayed Quote Australian S.E., October 11, 2024 at 06:10 am

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Income Statement and Estimates

income-statement-evolution-chart WESTPAC-BANKING-CORPORATI

More financial data

Ratings

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

30.86AUD

Average target price

26.95AUD

Spread / Average Target

-12.66%

Consensus

Profit revisions

estimates-change-chart WESTPAC-BANKING-CORPORATI

Estimate revisions

Quarterly earnings, Rate of surprise

quality-estimates-chart WESTPAC-BANKING-CORPORATI

Company calendar

Market Closed - Australian S.E. Other stock markets 06:10:05 11/10/2024 BST			5-day change	1st Jan Change
30.86 ^AUD	-0.13%		+2.39%	+34.76%

10-11	Australian Shares End Week Flat; Westpac Wins Fraud Case	MT
10-11	Westpac Banking Wins Court Case Against Forum Finance	MT

Capitalization	106B 71.53B 5,474B	P/E ratio 2024 *	16.2x	P/E ratio 2025 *	16.3x
Enterprise value	106B 71.53B 5,474B	EV / Sales 2024 *	4.9x	EV / Sales 2025 *	4.76x
Free-Float	98.28%	Yield 2024 *	5.52%	Yield 2025 *	5.12%

Australian Shares End Week Flat; Westpac Wins Fraud Case	10-11	MT
Westpac Banking Wins Court Case Against Forum Finance	10-11	MT
Australian Banks Expected to Deliver 'Resilient' Fiscal 2024 Results Amid Broadly Stable Margins, Says Jarden Research	10-11	MT
Westpac Shareholders Propose Resolutions for Upcoming General Meeting	10-08	MT
BCI Minerals Finalizes AU$981 Million Debt Facility for West Pilbara Project	10-07	MT
Australian Shares Flat as Service Sector Expansion Slows; Origin Withdraws from Orica's Hydrogen Project	10-03	MT
New Zealand Shares Poised for Weekly Gain; ArborGen Down 2% Amid 'Minimal' Crop Damage from Hurricane	10-03	MT
Westpac Banking to Sell Auto Finance Loan Book to Resimac	10-03	MT
Australia's Westpac to sell auto finance loan book to Resimac Group	10-03	RE
Resimac Group Limited agreed to acquire auto finance loans and lease receivables of Westpac from Westpac Banking Corporation.	10-02	CI
Resimac Group Limited agreed to acquire Portfolio of Auto Loan Receivables and Leases of Westpac from Westpac Banking Corporation for AUD1.6 billion.	10-02	CI
Westpac to Sell Remainder of Auto-Finance Business for Up to A$1.6 Billion	10-02	DJ
Australian Economic Momentum Declines in August	09-18	MT

UBS Upgrades Westpac to Neutral From Sell; Price Target is AU$30	08-13	MT
Westpac Banking Closes RAMS to New Home Loan Applications	08-06	MT
Goldman Sachs Downgrades Westpac to Sell From Neutral, Price Target is AU$24.10	05-23	MT
Jarden Research Adjusts Westpac Banking’s Price Target to AU$26.20 From U$25.70, Keeps at Overweight	05-07	MT
Citigroup Downgrades Westpac to Sell from Neutral, Price Target is AU$22.25	04-22	MT

Westpac Banking Corporation Share Price

Equities

WBC

AU000000WBC1

Banks

Valuation: Westpac Banking Corporation

Chart: Westpac Banking Corporation

Latest news: Westpac Banking Corporation

Last Transcript: Westpac Banking Corporation

Analysts' recommendations: Westpac Banking Corporation

Press Releases: Westpac Banking Corporation

News in other languages: Westpac Banking Corporation

Quotes and Performance

Course Extremes

Managers and Directors: Westpac Banking Corporation

ETFs: Westpac Banking Corporation

Other Banks

Financials

Company Profile

Quotes

Income Statement and Estimates

Ratings

Analysts' Consensus

Quarterly earnings, Rate of surprise

Westpac Banking : ENTERS INTO AGREEMENT TO SELL AUTO FINANCE LOAN BOOK Form 6 K	10-03	PU
Westpac Banking : 02/10/2024 Westpac Group Foundations invest in change that matters	10-02	PU
Westpac Banking : Business spotlight	09-26	PU
Westpac Banking : 12/09/2024 Westpac app recognised best again, as record numbers engage with budgeting tools	09-12	PU
29/08/2024 Opening Statement: House of Representatives Standing Committee on Economics	08-29	PU

Un retour au calme en trompe l'œil	10-03
En Direct des Marchés : TotalEnergies montre ses muscles, LVMH en F1, Casino maigrit	10-03
Borsa di Italia: Un ingannevole ritorno alla calma	10-03
Bolsa de Madrid: Un engañoso retorno a la calma	10-03
MÄRKTE ASIEN/Maßnahmenpaket befeuert chinesische Börsen	09-24

1 day	-0.13%
1 week	+2.39%
Current month	-2.71%
1 month	-3.08%
3 months	+11.69%
6 months	+18.24%
Current year	+34.76%

Director	Title	Age	Since
Peter King CEO	Chief Executive Officer	54	31/12/93
Michael Rowland DFI	Director of Finance/CFO	63	13/07/20
Scott Collary CTO	Chief Tech/Sci/R&D Officer	60	31/10/20

Name	Weight	AuM	1st Jan change	Investor Rating
NOMURA NEXT FUNDS INTERNATIONAL EQUITY MSCI-KOKUSAI (YEN-HEDGED) ETF - JPY	1.63%	19 M€	+12.48%	-
FIRST TRUST INDXX INNOVATIVE TRANSACTION AND PROCESS ETF - CAD	0.87%	1 M€	0.00%	-

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi. ($)
WESTPAC BANKING CORPORATION	-0.13%	+2.39%	+43.94%	+18.42%	71.38B
JPMORGAN CHASE & CO.	+4.44%	+5.24%	+52.10%	+33.40%	606B
BANK OF AMERICA CORPORATION	+4.95%	+4.59%	+55.26%	-4.18%	310B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+3.09%	-3.31%	+24.87%	+7.11%	291B
CHINA CONSTRUCTION BANK CORPORATION	+4.89%	-1.64%	+35.36%	+9.87%	197B
WELLS FARGO & COMPANY	+5.61%	+7.08%	+53.67%	+29.00%	197B
BANK OF CHINA LIMITED	+3.02%	-2.85%	+36.86%	+37.87%	189B
ROYAL BANK OF CANADA	+2.01%	+2.52%	+46.40%	+32.68%	172B
HSBC HOLDINGS PLC	+0.15%	-2.69%	+2.15%	+56.27%	157B
COMMONWEALTH BANK OF AUSTRALIA	-0.40%	+2.18%	+34.78%	+29.56%	153B
Average	+1.17%	+1.22%	+38.54%	+25.00%	234.31B
Weighted average by Cap.	+1.05%	+2.02%	+41.48%	+23.95%

	2024 *	2025 *
Net sales	21.62B 14.59B 1,117B	22.28B 15.04B 1,151B
Net income	6.83B 4.61B 353B	6.64B 4.48B 343B
Net Debt	-	-

Manager	Title	Age	Since
Peter King CEO	Chief Executive Officer	54	31/12/93
Nerida Caesar BRD	Director/Board Member	60	31/08/17
Peter Nash BRD	Director/Board Member	62	28/02/18