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Westpac Banking NZSE:WBC Stock Report

Last Price

NZ$36.97

Market Cap

NZ$125.8b

7D

3.6%

1Y

60.2%

Updated

21 Nov, 2024

Data

Company Financials +

Westpac Banking Corporation

NZSE:WBC Stock Report

Market Cap: NZ$125.8b

WBC Stock Overview

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

WBC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
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$36.97
52 Week HighAU$37.18
52 Week LowAU$22.65
Beta0.87
11 Month Change4.49%
3 Month Change13.68%
1 Year Change60.18%
33 Year Change62.15%
5 Year Change42.25%
Change since IPO443.68%

Recent News & Updates

Recent updates

Shareholder Returns

WBCNZ BanksNZ Market
7D3.6%3.6%0.1%
1Y60.2%45.6%9.6%

Return vs Industry: WBC exceeded the NZ Banks industry which returned 45.6% over the past year.

Return vs Market: WBC exceeded the NZ Market which returned 9.6% over the past year.

Price Volatility

Is WBC's price volatile compared to industry and market?
WBC volatility
WBC Average Weekly Movement3.5%
Banks Industry Average Movement3.7%
Market Average Movement4.5%
10% most volatile stocks in NZ Market9.3%
10% least volatile stocks in NZ Market3.0%

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

Volatility Over Time: WBC's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
181733,583Peter Kingwww.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?
WBC fundamental statistics
Market capNZ$125.79b
Earnings (TTM)NZ$7.75b
Revenue (TTM)NZ$23.34b

16.5x

P/E Ratio

1.6x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WBC income statement (TTM)
RevenueAU$21.05b
Cost of RevenueAU$0
Gross ProfitAU$21.05b
Other ExpensesAU$14.06b
EarningsAU$6.99b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

May 05, 2025

Earnings per share (EPS)2.04
Gross Margin100.00%
Net Profit Margin33.21%
Debt/Equity Ratio356.7%

How did WBC perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

75%

Payout Ratio

Does WBC pay a reliable dividends?

See WBC dividend history and benchmarks
When do you need to buy WBC by to receive an upcoming dividend?
Westpac Banking dividend dates
Ex Dividend DateNov 07 2024
Dividend Pay DateDec 19 2024
Days until Ex dividend15 days
Days until Dividend pay date27 days

Does WBC pay a reliable dividends?

See WBC dividend history and benchmarks