Westpac Banking Corporation

ASX:WBC Stock Report

Market Cap: AU$92.7b

Westpac Banking Future Growth

Future criteria checks 0/6

Westpac Banking is forecast to grow earnings and revenue by 0.4% and 3.4% per annum respectively. EPS is expected to grow by 1.3% per annum. Return on equity is forecast to be 9.7% in 3 years.

Key information

0.4%

Earnings growth rate

1.3%

EPS growth rate

Banks earnings growth1.9%
Revenue growth rate3.4%
Future return on equity9.7%
Analyst coverage

Good

Last updated22 May 2024

Recent future growth updates

Recent updates

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

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

Earnings and Revenue Growth Forecasts

ASX:WBC - Analysts future estimates and past financials data (AUD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
9/30/202622,7126,748N/AN/A14
9/30/202522,1246,503N/AN/A14
9/30/202421,5666,656N/AN/A14
3/31/202420,6126,536-40,396-39,296N/A
12/31/202320,8056,866-38,631-37,392N/A
9/30/202320,9977,195-36,867-35,488N/A
6/30/202320,3956,805-26,346-24,920N/A
3/31/202319,7936,415-15,825-14,353N/A
12/31/202219,5326,055-17,595-16,226N/A
9/30/202219,2715,694-19,365-18,100N/A
6/30/202220,0585,495-17,378-16,239N/A
3/31/202220,8455,292-15,392-14,378N/A
12/31/202121,3295,3741541,148N/A
9/30/202121,8125,45815,69916,673N/A
6/30/202120,7554,99918,35119,459N/A
3/31/202119,6974,54221,00322,245N/A
12/31/202018,3513,41524,73525,993N/A
9/30/202017,0052,28828,46629,741N/A
6/30/202017,7903,54232,12433,353N/A
3/31/202018,5754,79535,78136,964N/A
12/31/201919,2155,78720,29321,478N/A
9/30/201919,8556,7784,8055,991N/A
6/30/201920,0546,9221,0442,235N/A
3/31/201920,2537,065-2,717-1,522N/A
12/31/201820,7757,578-4,033-2,840N/A
9/30/201821,2978,090-5,350-4,158N/A
6/30/201821,1788,182-9,393-8,262N/A
3/31/201821,3638,274-13,470-12,401N/A
12/31/201721,1568,129N/A-16,321N/A
9/30/201720,7977,984N/A-20,225N/A
6/30/201720,6407,816N/A-24,012N/A
3/31/201720,3317,647N/A-27,783N/A
12/31/201620,0967,544N/A-30,528N/A
9/30/201619,8617,440N/A-33,274N/A
6/30/201620,4507,769N/A-24,708N/A
3/31/201621,0398,098N/A-16,143N/A
12/31/201520,9648,052N/A-12,605N/A
9/30/201520,8898,006N/A-9,067N/A
6/30/201520,1927,773N/A-14,627N/A
3/31/201519,4947,540N/A-20,188N/A
12/31/201419,3917,546N/A-13,023N/A
9/30/201419,2877,551N/A-5,858N/A
6/30/201418,8767,313N/A4,371N/A
3/31/201418,4657,075N/A14,600N/A
12/31/201318,1076,907N/A9,013N/A
9/30/201317,7486,739N/A3,425N/A
6/30/201317,5146,475N/A-11,203N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: WBC's forecast earnings growth (0.4% per year) is below the savings rate (2.3%).

Earnings vs Market: WBC's earnings (0.4% per year) are forecast to grow slower than the Australian market (13.6% per year).

High Growth Earnings: WBC's earnings are forecast to grow, but not significantly.

Revenue vs Market: WBC's revenue (3.4% per year) is forecast to grow slower than the Australian market (5% per year).

High Growth Revenue: WBC's revenue (3.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: WBC's Return on Equity is forecast to be low in 3 years time (9.7%).


Discover growth companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.