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Westpac Banking Corp

WBC.AX

Latest Trade

25.79AUD

Change

0.08(+0.31%)

Volume

2,900,146

Today's Range

25.74

 - 

25.91

52 Week Range

17.18

 - 

27.12

As of on the Australian Stock Exchange Ltd ∙ Minimum 15 minute delay

Pricing

Previous Close
25.71
Open
25.78
Volume
2,900,146
3M AVG Volume
118.70
Today's High
25.91
Today's Low
25.74
52 Week High
27.12
52 Week Low
17.18
Shares Out (MIL)
3,665.39
Market Cap (MIL)
94,319.49
Forward P/E
17.80
Dividend (Yield %)
3.46

Next Event

Full Year 2021 Westpac Banking Corp Earnings Call

Latest Developments

更多

Westpac Says Steven Harker Decided To Retire From Board

Westpac Says Will Launch A New Zero Interest Credit Card 'Flex' Later In The Year

Westpac Consults Employees On Entry To Workplace Policy

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About Westpac Banking Corp

Westpac Banking Corporation is a banking organization. The Company provides a range of banking and financial services including consumer, business and institutional banking and wealth management services. Its operations consist of various divisions including Consumer, Business, Westpac Institutional Bank (WIB), Westpac New Zealand and Specialist Businesses. Consumer division provides sale and service to consumer customers in Australia. Business division provides sales and service of banking products for Australian small to medium enterprise and Commercial businesses. WIB delivers a range of financial products and services to corporate, institutional and government customers. Westpac New Zealand provides banking, wealth and insurance products and services for consumer, business and institutional customers in New Zealand. Specialist Businesses provides auto finance, Australian life, investment product and services, superannuation and retirement products.

Industry

Regional Banks

Contact Info

L 18 275 Kent St

SYDNEY, NSW

2000

Australia

+61.2.91557700

https://www.westpac.com.au/

Executive Leadership

John Mcfarlane

Non-Executive Independent Chairman of the Board

Peter King

Chief Executive Officer, Managing Director, Executive Director

Michael Rowland

Chief Financial Officer

Richard Burton

Acting Chief Executive - Consumer Division

Guilherme Lima

Chief Executive of Business Division

Key Stats

2.46 mean rating - 13 analysts
Sell
Hold
Buy
Revenue (MM, AUD)

2018

22.1K

2019

20.7K

2020

20.6K

2021(E)

21.1K
EPS (AUD)

2018

2.362

2019

1.985

2020

0.726

2021(E)

1.445
Price To Earnings (TTM)
22.00
Price To Sales (TTM)
4.60
Price To Book (MRQ)
1.31
Price To Cash Flow (TTM)
14.65
Total Debt To Equity (MRQ)
217.41
LT Debt To Equity (MRQ)
213.93
Return on Investment (TTM)
--
Return on Equity (TTM)
0.49

Latest News

Latest News

UPDATE 2-Australia's Westpac flags $950 mln profit hit, led by institutional banking

* Australia's No. 2 bank to be hit with A$1.3 bln hit to earnings

Australia's Westpac flags $956 mln profit hit led by institutional bank impairment

Australia's Westpac Banking Corp said on Tuesday it will take A$1.3 billion ($956 million) of one-off charges against its second-half profit after its institutional banking unit quit energy trading and lowered its outlook due to "subdued" financial markets.

UPDATE 1-Australian banks reject pressure to deal with cryptocurrency firms

Two of Australia's largest lenders, National Australia Bank (NAB) and Westpac , on Thursday rejected criticism that they are stymieing competition by refusing to do business with cryptocurrency providers.

UPDATE 3-Australia's Westpac considers capital returns, flags shrinking margins

* Capital commentary bode well for shareholders - Goldman Sachs (Adds Goldman Sachs commentary, shares, bullet points)

Australia's Westpac mulls capital return, expects lower margins

Westpac Banking Corp said on Tuesday it would consider returning capital to shareholders, even as Australia's No.2 lender forecast lower margins for the second half and higher expenses for its fiscal 2021.

UPDATE 1-New Zealand c.bank warns Westpac unit for breaching anti-money laundering laws

The Reserve Bank of New Zealand (RBNZ) on Wednesday issued a formal warning to Westpac Banking Corp's local unit for failing to report almost 8,000 transactions as required by anti-money laundering and counter-terrorism laws.

New Zealand c.bank warns Westpac over breach of anti-money laundering laws

The New Zealand central bank on Wednesday issued a formal warning to Westpac Banking Corp's local unit for failing to report almost 8,000 transactions as required by anti-money laundering and counter-terrorism laws.

UPDATE 3-Westpac exits life insurance with $660 mln sale to Japan's Dai-ichi

* Sale to be completed in the second half of 2022 (Updates with Dai-ichi Life comment in paragraph 6)

UPDATE 2-Westpac to sell New Zealand life insurance arm for $281 mln

Westpac Banking Corp will sell its New Zealand life insurance business to Fidelity Life for NZ$400 million ($280.84 million), the companies said on Tuesday.

UPDATE 1-Westpac files lawsuit against equipment finance firm over alleged fraud

Westpac Banking Corp said on Friday that it filed a civil lawsuit against equipment financier Forum Finance Pty Ltd after the Australian lender discovered a potential fraud regarding equipment leases for its customers.

Australia's Westpac files lawsuit against Forum Finance for alleged fraud

Westpac Banking Corp said on Friday that it started legal proceedings against Forum Finance after it discovered a potential fraud regarding equipment leases arranged by the financial services provider for the lender's customers.

UPDATE 1-Australian regulator says Westpac to pay $65 mln to customers for advice lapses

Australia's corporate regulator said on Friday Westpac Banking Corp expects to pay A$87 million ($64.97 million) to former customers of its advice business who were not given important updates on companies that they held shares in.

Australian regulator says Westpac to compensate customers for advice lapses

Australia's corporate regulator said on Friday Westpac Banking Corp expects to pay A$87 million ($64.97 million) to former customers of its advice business who were not given important updates on companies that they held shares in.

UPDATE 2-Australia's Westpac scraps potential demerger of NZ business

* Decision indicative of judgment call faced by peers - Citi (Recasts, adds details and analyst reaction)

Australia's Westpac to retain New Zealand business

Australian lender Westpac Banking Corp said on Thursday it would retain full ownership of its New Zealand business, after a review found that a demerger would not be in shareholder's best interests. (Reporting by Rashmi Ashok in Bengaluru; Editing by Arun Koyyur)

ANZ, Westpac see Australia c.bank adopting flexible bond-buying plan in July

Economists at Australia's two top lenders expect the country's central bank to shift to a "flexible" quantitative easing (QE) programme, highlighting the uncertainty over its eventual move to tapering its extraordinary stimulus.

UPDATE 1-Australia's Westpac breaks bond hiatus with $2.8 bln deal

Westpac Banking Group on Tuesday reopened Australia's big banks bond-market taps for the first time in more than a year, with a $2.75 billion deal that also marked their first use of a non-USD Libor benchmark rate to price the debt.

Australia's Westpac breaks bond hiatus with first SOFR deal

Westpac Banking Group on Tuesday will reopen Australia's big banks bond-market taps for the first time in more than a year, in a deal marking the first use of a non-USD Libor benchmark rate to price the debt.

UPDATE 2-Australian regulator accuses Westpac of insider trading in $12 bln grid sale

Australia's corporate watchdog accused Westpac Banking Corp of insider trading while financing a A$16 billion ($12 billion) energy grid privatisation in 2016, the latest in a series of regulatory problems for the country's No. 2 lender.

Australian regulator files insider trading lawsuit against Westpac

Australia's corporate watchdog launched an insider trading lawsuit on Wednesday against Westpac Banking Corp, alleging that the bank's traders bought and sold derivative products ahead of a $12 billion interest rate swap deal in 2016.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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