WBC Stock Overview
Provides banking and other financial services in Australia, New Zealand, the Pacific Islands, Asia, the Americas, and Europe. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
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Rising Tech Costs And Competition Will Pressure Bank Earnings In Australia
Westpac Banking Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$32.55 |
| 52 Week High | AU$34.00 |
| 52 Week Low | AU$22.52 |
| Beta | 0.88 |
| 1 Month Change | -2.43% |
| 3 Month Change | 4.36% |
| 1 Year Change | 42.14% |
| 3 Year Change | 52.46% |
| 5 Year Change | 33.73% |
| Change since IPO | 629.82% |
Recent News & Updates
Shareholder Returns
| WBC | AU Banks | AU Market | |
|---|---|---|---|
| 7D | 0.8% | 3.5% | 2.4% |
| 1Y | 42.1% | 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
| WBC volatility | |
|---|---|
| WBC Average Weekly Movement | 2.6% |
| Banks Industry Average Movement | 3.2% |
| Market Average Movement | 8.0% |
| 10% most volatile stocks in AU Market | 17.0% |
| 10% least volatile stocks in AU Market | 3.0% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1817 | 33,583 | Anthony Miller | www.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
| WBC fundamental statistics | |
|---|---|
| Market cap | AU$112.15b |
| Earnings (TTM) | AU$6.99b |
| Revenue (TTM) | AU$21.05b |
16.0x
P/E Ratio1.6x
P/B RatioIs WBC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WBC income statement (TTM) | |
|---|---|
| Revenue | AU$21.05b |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$21.05b |
| Other Expenses | AU$14.06b |
| Earnings | AU$6.99b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 17, 2025
| Earnings per share (EPS) | 2.04 |
| Gross Margin | 100.00% |
| Net Profit Margin | 33.21% |
| Debt/Equity Ratio | 356.7% |
How did WBC perform over the long term?
See historical performance and comparisonDividends
4.7%
Current Dividend Yield75%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 08:30 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
| Analyst | Institution |
|---|---|
| Brett Le Mesurier | Axiome Equities |
| Craig Stafford | Barrenjoey Markets Pty Limited |
| Benjamin Brayshaw | Barrenjoey Markets Pty Limited |