Westpac Banking Corporation (ASX:WBC)
| Market Cap | 124.78B +7.8% |
| Revenue (ttm) | 22.27B +4.2% |
| Net Income | 7.01B +0.7% |
| EPS | 2.03 +3.5% |
| Shares Out | 3.41B |
| PE Ratio | 18.00 |
| Forward PE | 17.28 |
| Dividend | 1.54 (4.21%) |
| Ex-Dividend Date | May 8, 2026 |
| Volume | 1,268,495 |
| Open | 36.50 |
| Previous Close | 36.54 |
| Day's Range | 36.40 - 36.79 |
| 52-Week Range | 32.38 - 43.32 |
| Beta | 0.73 |
| Analysts | Sell |
| Price Target | 33.31 (-9.19%) |
| Earnings Date | Aug 10, 2026 |
About Westpac Banking
Westpac Banking Corporation provides banking and other financial services in Australia, New Zealand, the Pacific Islands, Asia, the Americas, and Europe. It operates through the Consumer, Business & Wealth, Institutional, and New Zealand segments. The company offers bank accounts, home and personal loans, credit cards, international and travel banking services, insurance, superannuation, investments, share trading, margin lending, private banking, and online banking services; savings and transactions accounts, loans and finance, payment solutio... [Read more]
Financial Performance
In fiscal year 2025, Westpac Banking's revenue was 21.96 billion, an increase of 4.32% compared to the previous year's 21.05 billion. Earnings were 6.91 billion, a decrease of -1.05%.
Financial StatementsAnalyst Summary
According to 14 analysts, the average rating for WBC stock is "Sell." The 12-month stock price target is $33.31, which is a decrease of -9.19% from the latest price.
News
Westpac first to lift interest rates following OCR hike
The bank raised variable rates for all home and business loans by 25 basis points.
Peter Nash’s final bedtime stories with Westpac
The now-former bank director and his KPMG friends can hang out even more now they all suddenly have a lot more free time.
Westpac director Nash leaves board over ties to KPMG
Australian bank Westpac said on Wednesday that non-executive director Peter Nash would leave its board, citing his relationship with troubled auditor KPMG.
Westpac director Peter Nash quits over KPMG bias perception
The businessman spent 25 years at KPMG and chaired the firm from 2011 to 2017. He joined the Westpac board in 2018.
ANZ cuts home loan and term deposit rates after fall in wholesale costs
Westpac made similar home loan cuts last week, amid easing funding costs.
Westpac cuts longer-term home loan rates after drop in funding costs
Westpac said it was passing savings on to customers after its funding costs dropped.
Westpac Shares Advance 0.91% to $35.64 as Australian Banking Sector Shows Resilience Amid Steady Economy
Westpac shares rose 0.91% as investor confidence in Australian banks remains strong, supported by stable economic conditions and strategic initiatives like digital transformation and prudent lending p...
Westpac audit chair sat in on pitches despite KPMG conflict fears
Peter Nash actively questioned rival pitch teams from EY, Deloitte and KPMG, contradicting Westpac’s claims to parliament.
Westpac Banking Slides: Investor presentation
Westpac Banking has posted slides in relation to its latest quarterly earnings report, which was published on June 10, 2026.
Westpac Banking Earnings Call Transcript: H1 2026
First half 2026 saw steady financial performance with 1% net profit growth (excluding notable items), strong lending and deposit momentum, and improved asset quality. Outlook is cautious amid economic slowdown and inflation, with continued investment in digital transformation and risk management.
Westpac Banking Slides: H1 2026
Westpac Banking has posted slides in relation to its H1 2026 quarterly earnings report, which was published on May 4, 2026.
Westpac Banking Quarterly report: H1 2026
Westpac Banking has published its H1 2026 quarterly earnings report on May 4, 2026.
Westpac Banking Earnings release: H1 2026
Westpac Banking released its H1 2026 earnings on May 4, 2026, summarizing the period's financial results.
Australia's Westpac first-half profit growth misses estimates on margin pressure
Westpac Banking Corp reported weaker-than-expected growth in its first-half net profit on Tuesday, hurt by lending competition, higher credit impairment charges and lower Treasury income, which als...
From airlines to banks: Australian, New Zealand firms feel heat of Gulf crisis
Companies in Australia and New Zealand are beginning to signal the financial strain from the U.S.-Israeli war on Iran, as higher fuel prices stoke inflation, dent business and consumer confidence, and...
Westpac Banking Transcript: Investor update
UNITE is progressing on schedule and budget, with major migrations completed and further consolidation of platforms and products underway. AI is improving efficiency, and most cost benefits will be realized after system decommissioning in 2028–2029. Strong governance and a milestone-based approach underpin delivery.
Westpac Banking Slides: Investor update
Westpac Banking has posted slides in relation to its latest quarterly earnings report, which was published on March 25, 2026.
Westpac Banking Earnings Call Transcript: Q1 2026
Net profit rose 5% from 2H25 average, with strong deposit and loan growth, stable expenses, and a CET1 ratio of 12.3%. NIM declined slightly amid competitive pressures, while the RAMS sale and treasury actions are set to support capital and earnings stability.
Westpac Banking Earnings release: Q1 2026
Westpac Banking released its Q1 2026 earnings on February 12, 2026, summarizing the period's financial results.
Westpac Banking Slides: Q1 2026
Westpac Banking has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on February 12, 2026.
Westpac first-quarter profit rises on loan, deposit growth
Australia's Westpac Banking Corp said on Friday its first-quarter underlying net profit rose 6% from an average of the previous two quarters, driven by solid growth across customer deposits and loans.
Australia's Westpac urges bigger role for social media firms in scam prevention
Westpac Banking Corp called for stronger action from social media companies such as Meta on Thursday to curb online scams, saying that banks cannot tackle the growing threat to consumers on their own.
Westpac Banking Transcript: AGM 2025
The meeting reviewed strong capital and financial performance, advanced transformation initiatives, and addressed climate and governance concerns. Shareholders debated fossil fuel lending, board independence, and digital inclusion, with most board-backed resolutions passing but notable protest votes on director re-election and climate policy.
Westpac Banking Earnings Call Transcript: H2 2025
Lending margins are expected to decline in 1H26 amid deposit spread pressure, while non-interest income and trading results were strong. Investment in the UNITE project and productivity initiatives continue, with a robust capital position and improving credit quality supporting future growth.
Westpac Banking Annual report: H2 2025
Westpac Banking has published its H2 2025 annual report on November 2, 2025.