WBCPM Stock Overview

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

WBCPM fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	2/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 7.2% below our estimate of its fair value

Risk Analysis

Earnings are forecast to decline by an average of 0.06% per year for the next 3 years

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

Westpac Banking Corporation Competitors

National Australia Bank

ASX:NAB

AU$111.5b

ANZ Group Holdings

ASX:ANZ

AU$83.1b

Commonwealth Bank of Australia

ASX:CBA

AU$251.2b

BSP Financial Group

ASX:BFL

AU$3.1b

Price History & Performance

Summary of share price highs, lows and changes for Westpac Banking
Historical stock prices
Current Share Price	AU$105.37
52 Week High	AU$108.50
52 Week Low	AU$101.20
Beta	0.88
1 Month Change	-1.01%
3 Month Change	-0.028%
1 Year Change	3.62%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	3.71%

Recent updates

Shareholder Returns

	WBCPM	AU Banks	AU Market
7D	0.8%	-3.8%	-2.7%
1Y	3.6%	28.1%	6.5%

Return vs Industry: WBCPM underperformed the Australian Banks industry which returned 28.1% over the past year.

Return vs Market: WBCPM underperformed the Australian Market which returned 6.5% over the past year.

Price Volatility

Is WBCPM's price volatile compared to industry and market?
WBCPM volatility
WBCPM Average Weekly Movement	0.9%
Banks Industry Average Movement	3.2%
Market Average Movement	8.0%
10% most volatile stocks in AU Market	16.8%
10% least volatile stocks in AU Market	3.1%

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

Volatility Over Time: WBCPM's weekly volatility (1%) 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

How do Westpac Banking's earnings and revenue compare to its market cap?
WBCPM fundamental statistics
Market cap	AU$108.75b
Earnings (TTM)	AU$6.99b
Revenue (TTM)	AU$21.05b

15.6x

P/E Ratio

1.5x

P/B Ratio

Is WBCPM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WBCPM 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 WBCPM perform over the long term?

See historical performance and comparison

Dividends

4.8%

Current Dividend Yield

75%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 22:22
End of Day Share Price	2024/12/20 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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 31 analysts. 13 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