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Westpac Banking ASX:WBC Stock Report

Last Price

AU$27.07

Market Cap

AU$93.8b

7D

2.7%

1Y

27.5%

Updated

22 May, 2024

Data

Company Financials +

Westpac Banking Corporation

ASX:WBC Stock Report

Market Cap: AU$93.8b

WBC Stock Overview

Provides various banking and financial services in Australia, New Zealand, and internationally.

WBC fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance3/6
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$27.07
52 Week HighAU$28.05
52 Week LowAU$20.03
Beta0.86
1 Month Change5.21%
3 Month Change4.64%
1 Year Change27.51%
3 Year Change3.05%
5 Year Change-2.42%
Change since IPO506.95%

Recent News & 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

Shareholder Returns

WBCAU BanksAU Market
7D2.7%1.9%1.5%
1Y27.5%24.0%8.7%

Return vs Industry: WBC exceeded the Australian Banks industry which returned 24% over the past year.

Return vs Market: WBC exceeded the Australian Market which returned 8.7% over the past year.

Price Volatility

Is WBC's price volatile compared to industry and market?
WBC volatility
WBC Average Weekly Movement3.1%
Banks Industry Average Movement3.3%
Market Average Movement9.0%
10% most volatile stocks in AU Market17.7%
10% least volatile stocks in AU Market3.4%

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

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

About the Company

FoundedEmployeesCEOWebsite
181733,395Peter Kingwww.westpac.com.au

Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, and internationally. The company operates through Consumer, Business, Consumer and Business Banking, Westpac Institutional Bank, Specialist Businesses, and Westpac New Zealand segments. 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.

Westpac Banking Corporation Fundamentals Summary

How do Westpac Banking's earnings and revenue compare to its market cap?
WBC fundamental statistics
Market capAU$93.80b
Earnings (TTM)AU$6.54b
Revenue (TTM)AU$20.61b

14.4x

P/E Ratio

1.3x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WBC income statement (TTM)
RevenueAU$20.61b
Cost of RevenueAU$0
Gross ProfitAU$20.61b
Other ExpensesAU$14.08b
EarningsAU$6.54b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Nov 04, 2024

Earnings per share (EPS)1.89
Gross Margin100.00%
Net Profit Margin31.71%
Debt/Equity Ratio297.0%

How did WBC perform over the long term?

See historical performance and comparison

Dividends

5.5%

Current Dividend Yield

79%

Payout Ratio
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