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Westpac Banking ASX:WBC Stock Report

Last Price

AU$32.55

Market Cap

AU$112.1b

7D

0.8%

1Y

42.1%

Updated

30 Dec, 2024

Data

Company Financials +

Westpac Banking Corporation

ASX:WBC Stock Report

Market Cap: AU$112.1b

WBC Stock Overview

Provides banking and other financial services in Australia, New Zealand, the Pacific Islands, Asia, the Americas, and Europe. More details

WBC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends3/6

My Notes

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AU$28.16
FV
15.6% overvalued intrinsic discount
3.84%
Revenue growth p.a.
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5 days ago author updated this narrative

Westpac Banking Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Westpac Banking
Historical stock prices
Current Share PriceAU$32.55
52 Week HighAU$34.00
52 Week LowAU$22.52
Beta0.88
1 Month Change-2.43%
3 Month Change4.36%
1 Year Change42.14%
3 Year Change52.46%
5 Year Change33.73%
Change since IPO629.82%

Recent News & Updates

Recent updates

Westpac Banking Corporation Just Recorded A 6.3% EPS Beat: Here's What Analysts Are Forecasting Next

Nov 06
Westpac Banking Corporation Just Recorded A 6.3% EPS Beat: Here's What Analysts Are Forecasting Next

With EPS Growth And More, Westpac Banking (ASX:WBC) Makes An Interesting Case

Jan 27
With EPS Growth And More, Westpac Banking (ASX:WBC) Makes An Interesting Case

Shareholder Returns

WBCAU BanksAU Market
7D0.8%3.5%2.4%
1Y42.1%31.4%7.7%

Return vs Industry: WBC exceeded the Australian Banks industry which returned 31.4% over the past year.

Return vs Market: WBC exceeded the Australian Market which returned 7.7% over the past year.

Price Volatility

Is WBC's price volatile compared to industry and market?
WBC volatility
WBC Average Weekly Movement2.6%
Banks Industry Average Movement3.2%
Market Average Movement8.0%
10% most volatile stocks in AU Market17.0%
10% least volatile stocks in AU Market3.0%

Stable Share Price: WBC has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: WBC's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
181733,583Anthony Millerwww.westpac.com.au

Westpac Banking Corporation provides banking and other financial services in Australia, New Zealand, the Pacific Islands, Asia, the Americas, and Europe. The company operates through four segments: Consumer, Business & Wealth, Westpac Institutional Bank, and Westpac New Zealand. It offers savings, term deposit, business transaction, not-for-profit transaction, foreign currency, farm management deposit, project and retention trust, and statutory trust accounts; home, personal, business, and commercial loans; vehicle and equipment finance; business overdrafts and bank guarantees; debit and credit cards; international and travel services; share trading and margin lending services; investment products; and home, car, travel, life, caravan and trailer, credit card and loan repayment, boat, and business insurance products, as well as superannuation products.

Westpac Banking Corporation Fundamentals Summary

How do Westpac Banking's earnings and revenue compare to its market cap?
WBC fundamental statistics
Market capAU$112.15b
Earnings (TTM)AU$6.99b
Revenue (TTM)AU$21.05b

16.0x

P/E Ratio

1.6x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WBC income statement (TTM)
RevenueAU$21.05b
Cost of RevenueAU$0
Gross ProfitAU$21.05b
Other ExpensesAU$14.06b
EarningsAU$6.99b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 17, 2025

Earnings per share (EPS)2.04
Gross Margin100.00%
Net Profit Margin33.21%
Debt/Equity Ratio356.7%

How did WBC perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

75%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 08:30
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Westpac Banking Corporation is covered by 30 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brett Le MesurierAxiome Equities
Craig StaffordBarrenjoey Markets Pty Limited
Benjamin BrayshawBarrenjoey Markets Pty Limited