Westpac Banking Corporation (NZE:WBC)
New Zealand · Delayed Price · Currency is NZD | Market Cap | 152.61B |
| Revenue (ttm) | 23.38B |
| Net Income (ttm) | 7.62B |
| Shares Out | n/a |
| EPS (ttm) | 2.23 |
| PE Ratio | 20.02 |
| Forward PE | 18.77 |
| Dividend | 1.66 (3.73%) |
| Ex-Dividend Date | May 8, 2025 |
| Volume | 518 |
| Average Volume | 14,129 |
| Open | 44.51 |
| Previous Close | 44.51 |
| Day's Range | 44.51 - 44.51 |
| 52-Week Range | 30.93 - 45.10 |
| Beta | n/a |
| RSI | 64.77 |
| Earnings Date | Nov 3, 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 numbers in AUD Financial StatementsNews
ASB, Westpac cut fixed mortgage rate to 4.49%, latest banks to drop after ANZ, BNZ ahead of OCR
Westpac and ASB join ANZ and BNZ in cutting their one-year rates.
Media Insider: Selling the bank - Westpac chief marketing officer Sarah Williams on the role of marketing, attracting new customers, and talking the chief financial officer’s language
Westpac CMO: 'We definitely need to be seen as a growth engine and not a cost line.'
UK Stock Market News: CMC Markets, Alphawave, Hilton Food
CMC extends partnership with Westpac, grows AU footprint, Alphawave revenues up - but margins down, Hilton Food offloads Fairfax Europe
Westpac facing legal action over transactions in $250m Ponzi scheme
It comes after Perth businessman Chris Marco was found guilty of defrauding investors during an eight-year, $253 million investment scheme.
Westpac snares Bank of America managing director
Pete Nicholls will report to Westpac CFO Nathan Goonan, who was poached from NAB in March, sources said.
Westpac’s sackings conceal empty chief officer role
Audit may not be the most glamorous part of a major bank, but it still needs to be staffed.
Westpac to axe 200 tellers, add roles in home, business lending
The bank is phasing out some of its tellers, replacing them with branch concierges who will help customers to use its app, ATMs and website.
Westpac to seek buyer for RAMS portfolio; hires sellside adviser
BofA will offer prospective buyers a senior debt staple package, and the auction will get under way next month.
Westpac owed $3.1m as Auckland car dealership Vehicle Direct goes into liquidation
Vehicle Direct operated as a used car dealership on Auckland’s Great South Rd.
Westpac had warnings of widespread misconduct at RAMS Home Loans
One year into its investigation, the bank found 36 franchises were “considered to be of concern”, 29 were being monitored and five had no indicators of concern.
Westpac runs out of patience at Star Entertainment, offloads debt pile
The casino operator has been negotiating with its lenders over changes to covenants on borrowings of more than $400 million. At least one has had enough.
Australia's Westpac to hire 350 more bankers to win business lending market share
Australia's Westpac Banking Corp aims to hire 350 bankers in the next two years to help gain business banking market share and close the gap on its major rivals, it said on Tuesday.
Westpac hits back at CBA in business lending rivalry
Ahead of a strategy briefing on Tuesday, the new head of business banking at Westpac, Paul Fowler, says he plans to deploy a few lessons from his time at CBA.
Westpac executives warn employees they’re gagged
A leaked email to the bank’s staff said they were forbidden from speaking to journalists. It landed a fortnight after some did about the CEO’s work habits.
NAB hires Inder Singh as new CFO and head of strategy
Inder Singh will become NAB’s chief financial officer from next March, replacing Nathan Goonan, who left to join Westpac.
ANZ, Westpac, Kiwibank drop home loan lending rates after Reserve Bank cash rate cut
The Reserve Bank today cut the Official Cash Rate from 3.25% to 3%, suggested more on way.
Qantas’ hefty fine shows the tide is turning and workers are pushing back against bad corporate behaviour | John Quiggin
Australia has a long way to go to restoring balance of power in the workplace, but Qantas’ record fine is a good first step The $90m fine imposed on Qantas for illegally sacking 1,820 workers in 2020 ...
CBA business bank boss attacks NAB, Westpac for ‘unsustainable’ rates
Mike Vacy-Lyle says he will not play market-share games with rivals but suggests the two banks have slashed pricing to boost lending performance stats.
Employment rises; Ampol’s $1b buy; Westpac surges
Read everything that’s happened in the news so far today.
Bah humbug? Surge in Westpac profit and share price comes with caution
After spending the week embroiled in a national conversation about working on Christmas Day, Anthony Miller has given investors some good numbers to chew on.
Westpac’s profit jumps, but mortgage brokers eat its home loan lunch
The bank told investors that home lending had risen $11 billion over the year, but brokers were an increasingly dominant source of business.
Australia's Westpac posts more than 5% rise in third-quarter profit
Australia's Westpac Banking Corp posted a more than 5% rise in third-quarter profit on Thursday, reflecting higher margins as well as a slight rise in lending and deposits.
ASX 200 LIVE: ASX hits record; Origin soars 7pc on LNG boom; Westpac rockets
Fall in unemployment meets consensus expectations; Origin Energy says LNG offsets retail pressures; Westpac 3Q profit $1.9 billion; Commonwealth Bank losses extend; Suncorp result soars. Follow live.
Rio Tinto CEO says tough workplace cultures are toxic
As Westpac and AT&T embrace more aggressive workplace cultures, Jakob Stausholm says workers excel when made to feel psychologically safe.
Australia’s borrowers may have to wait weeks for Reserve Bank’s rate cut to reduce their mortgage
NAB said it would wait 13 days to pass on the 0.25% cut to borrowers, while Westpac announced it would wait 14 days Get our breaking news email , free app or daily news podcast Mortgage rates will sli...