Westpac Banking Corporation (ASX:WBC)
Australia
· Delayed Price · Currency is AUD | Market Cap | 114.41B |
| Revenue (ttm) | 21.37B |
| Net Income (ttm) | 6.96B |
| Shares Out | 3.42B |
| EPS (ttm) | 1.96 |
| PE Ratio | 17.07 |
| Forward PE | 16.81 |
| Dividend | 1.52 (4.51%) |
| Ex-Dividend Date | May 8, 2025 |
| Volume | 497,622 |
| Average Volume | 4,884,852 |
| Open | 33.45 |
| Previous Close | 33.48 |
| Day's Range | 33.45 - 33.80 |
| 52-Week Range | 27.04 - 35.27 |
| Beta | 0.70 |
| RSI | 53.05 |
| Earnings Date | Aug 14, 2025 |
About Westpac Banking
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; busine... [Read more]
Financial Performance
In 2024, Westpac Banking's revenue was 21.05 billion, an increase of 0.26% compared to the previous year's 21.00 billion. Earnings were 6.99 billion, a decrease of -2.85%.
Financial StatementsNews
Poll: Analysts expect the Reserve Bank of New Zealand to hold rates at 3.25% on July 9
Reuters poll finds the Reserve Bank of New Zealand is expected to hold rates at 3.25% on July 9 according to 19 of 27 economists: the 8 remaining expect a 25bp cut All major New Zealand banks - ANZ, A...
"The decline of US dollar dominance will be slow"
Westpac have popped up a piece summarising three key themes that have emerged from the European Central Bank's annual conference in Sintra that concluded on Wedneday: Asia and the West have different ...
Westpac ponders the future of its $9b-plus KiwiSaver franchise
Westpac’s dealmakers have spoken to a handful of potential advisers and logical acquirers, but have not committed to the sale.
Australia’s big four banks not making it easy for customers to get bonus interest despite watchdog’s calls
Guardian analysis found no major bank has adopted ACCC recommendations in full – but NAB, CommBank, Westpac and ANZ say they offer in-app alerts Get our breaking news email , free app or daily news po...
Carolyn McCann firms as Miller’s pick to run Westpac’s retail bank
The bank’s long-serving customer and corporate affairs chief is a frontrunner to permanently lead the major division after the departure of Jason Yetton.
TA Associates swoops on stake in ex-Westpac advice business Viridian
It spells a payday for Melbourne’s Viridian Advisory, which shot to prominence six years ago when it acquired Westpac’s advice books in the royal commission’s aftermath.
BNZ cuts mortgage rates for second time in three weeks
BNZ and Westpac now have the lowest six-month and one-year rates on the market.
RBA to cut its cash rate in August & November 2025, then again in February and May 2026
Via Westpac, in brief: RBA to hold in July to cut in August and November lower inflation outlook now makes two further cuts in early 2026 likely, February and May WPAC caveat the 2026 call with: the c...
Westpac plunders more talent from CBA in business deposits push
Westpac wants to improve its standing in business deposits, where it trails in third place in terms of market share.
Market Outlook for the week of June 9th - 13th
A light week lies ahead, as is typically the case following the NFP release and Monday is also a public holiday in many European countries in observance of Whit Monday. On Tuesday, Australia will see ...
GDP misses forecasts; ASIC sues Westpac; The big Virgin IPO question
Read everything that’s happened in the news so far today.
Westpac unit to settle conduct oversight probe with Australia's securities regulator
Australia's Westpac said on Wednesday that its unit, RAMS Financial Group, had reached an agreement with the country's securities regulator to resolve an investigation concerning oversight of conduct ...
Westpac sued by ASIC over ‘systemic’ failures at RAMS
The corporate regulator said the lender suffered a major governance failure by not adequately supervising franchisees, who forged documents to write loans.
ASX 200 LIVE: CBA eyes $180; GDP grows 0.2pc in Q1; ASIC sues Westpac’s RAMS; Virgin’s IPO to press ahead; sharemarket rises
Shares rise, GDP stalls year-on-year; CBA hits fresh record; uranium stocks soar; Virgin IPO set for $685m raise; Nvidia paces Wall Street.
Ex-Westpac advice business Viridian courts strategics
The loss-making financial advice business discarded by Westpac after the banking royal commission has grown to be worth $250 million-plus in six years.
Westpac shifts climate targets and eases path for more lending to gas
The bank, which lends to Woodside Energy, will change lending rules even as it demands better energy transition plan disclosures from borrowers.
Reserve Bank of New Zealand expected to cut its cash rate by 25bp this week - preview
All major banks in New Zealand are expecting the Reserve Bank of New Zealand to cut its cash rate by 25bp at its meeting on Wednesday, May 28, 2025. ANZ, ASB, BNZ, Kiwibank and Westpac are all preview...
CBA hands Healthscope $100m lifeline amid slide into receivership
The bank and another lender, Westpac, have agreed to keep the private hospital giant’s 38 facilities around the country operating until a new owner is found.
Westpac poaches from CBA for new top AI executive position
Andrew McMullan will switch from CBA to Westpac as its new chief data, digital and AI officer, joining chief executive Anthony Miller’s top team.
Big banks brace for a wave of executive changes, starting next week
Westpac’s board and chief executive Anthony Miller are set to decide who will lead its retail banking division, with domestic and international candidates considered.
Westpac has already cut jobs in these key divisions
A former Westpac staff member reveals where redundancies have already been made, while the union says it is “greatly concerned” about extra cuts.
Westpac readies the axe for its biggest redundancy round in years
New chief executive Anthony Miller is working on transforming the bank and has set big internal cost-cutting targets, with more than 1500 jobs on the line.
UK bank accuses Westpac of ‘critical errors’ after customer sent $158k to wrong account
Westpac denies liability, blaming the customer for keying the wrong account details.
How Brian Hartzer uses AI to get free advice from a top investment banker
When former Westpac boss Brian Hartzer wants advice about a transaction, he asks a chatbot to tell him what Barrenjoey’s co-executive would say.
ForexLive Asia-Pacific FX news wrap: Some give back for Asian currencies
U.S. lawmaker targets Nvidia chip smuggling to China with new bill Taiwan dollar has dropped some of its gains today after Friday and Monday's surge 41% of Hong Kong’s container shipments to North Ame...