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WBC

Westpac Banking ASX:WBC Stock Report

Last Price

AU$21.13

Market Cap

AU$74.0b

7D

0.05%

1Y

2.6%

Updated

02 Oct, 2023

Data

Company Financials +

WBC Stock Overview

Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, and internationally.

WBC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends3/6

Westpac Banking Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Westpac Banking
Historical stock prices
Current Share PriceAU$21.13
52 Week HighAU$24.50
52 Week LowAU$20.03
Beta0.84
1 Month Change-3.03%
3 Month Change-2.54%
1 Year Change2.57%
3 Year Change22.21%
5 Year Change-22.12%
Change since IPO373.77%

Recent News & Updates

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

Jul 02
With EPS Growth And More, Westpac Banking (ASX:WBC) Makes An Interesting Case

Recent updates

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

Jul 02
With EPS Growth And More, Westpac Banking (ASX:WBC) Makes An Interesting Case

Westpac Banking (ASX:WBC) Has Announced That It Will Be Increasing Its Dividend To A$0.70

May 10
Westpac Banking (ASX:WBC) Has Announced That It Will Be Increasing Its Dividend To A$0.70

Most Shareholders Will Probably Agree With Westpac Banking Corporation's (ASX:WBC) CEO Compensation

Dec 07
Most Shareholders Will Probably Agree With Westpac Banking Corporation's (ASX:WBC) CEO Compensation

Westpac Banking's (ASX:WBC) Dividend Will Be Increased To A$0.64

Nov 16
Westpac Banking's (ASX:WBC) Dividend Will Be Increased To A$0.64

Westpac Banking (ASX:WBC) Long Term Shareholders are 0.7% In The Black

Mar 09
Westpac Banking (ASX:WBC) Long Term Shareholders are 0.7% In The Black

Is Westpac Banking Corporation (ASX:WBC) The Right Choice For A Smart Dividend Investor?

Jan 15
Is Westpac Banking Corporation (ASX:WBC) The Right Choice For A Smart Dividend Investor?

Shareholder Returns

WBCAU BanksAU Market
7D0.05%0.6%-0.3%
1Y2.6%6.8%7.6%

Return vs Industry: WBC underperformed the Australian Banks industry which returned 6.8% over the past year.

Return vs Market: WBC underperformed the Australian Market which returned 7.6% over the past year.

Price Volatility

Is WBC's price volatile compared to industry and market?
WBC volatility
WBC Average Weekly Movement2.3%
Banks Industry Average Movement2.6%
Market Average Movement8.4%
10% most volatile stocks in AU Market15.8%
10% least volatile stocks in AU Market3.1%

Stable Share Price: WBC is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: WBC's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
181734,749Peter Kinghttps://www.westpac.com.au

Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, and internationally. 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; car and equipment finance; business overdrafts and bank guarantees; debit and credit cards; international and travel services; share trading services; investment products; and home, car, travel, life, caravan and trailer, credit card and loan repayment, boat, and business insurance products. The company also provides corporate and institutional, transaction banking, financial market, corporate and structured finance, trade and supply chain financing, and industry specific banking and treasury services, as well as online banking services.

Westpac Banking Corporation Fundamentals Summary

How do Westpac Banking's earnings and revenue compare to its market cap?
WBC fundamental statistics
Market CapAU$74.03b
Earnings (TTM)AU$6.41b
Revenue (TTM)AU$19.79b

11.5x

P/E Ratio

1.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WBC income statement (TTM)
RevenueAU$19.79b
Cost of RevenueAU$0
Gross ProfitAU$19.79b
Other ExpensesAU$13.38b
EarningsAU$6.41b

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

Nov 06, 2023

Earnings per share (EPS)1.83
Gross Margin100.00%
Net Profit Margin32.40%
Debt/Equity Ratio276.3%

How did WBC perform over the long term?

See historical performance and comparison

Dividends

6.6%

Current Dividend Yield

73%

Payout Ratio