Westpac Banking Corporation (WEBNF)

OTCMKTS · Delayed Price · Currency is USD
18.89
-1.11 (-5.55%)
Dec 23, 2024, 4:00 PM EST
22.19%
Market Cap 69.42B
Revenue (ttm) 14.60B
Net Income (ttm) 4.85B
Shares Out n/a
EPS (ttm) 1.33
PE Ratio 14.32
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 300
Open 18.85
Previous Close 20.00
Day's Range 18.85 - 18.89
52-Week Range 14.56 - 23.28
Beta 0.88
Analysts n/a
Price Target n/a
Earnings Date Feb 17, 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]

Sector Financials
Founded 1817
Employees 33,583
Stock Exchange OTCMKTS
Ticker Symbol WEBNF
Full Company Profile

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 Statements

News

Westpac admits to overcharging more than 24,000 customers in New Zealand

New Zealand's financial regulator on Monday said that Australian lender Westpac's local unit admitted to overcharging and misleading more than 24,000 personal and business customers by not providing a...

1 day ago - Reuters

Westpac NZ admits overcharging customers $6.35m

Westpac's conduct affected a total of 24,621 customers.

1 day ago - NZ Herald

‘Profit vaporised by time’: Westpac boss backs council reform to fix housing

Anthony Miller has thrown his weight behind the NSW government’s ambitious push to bypass local councils and reform planning laws.

4 days ago - The Australian Financial Review

Suburban pub grub suits Westpac’s incoming CEO

Living in Sydney’s inner west makes Anthony Miller an outlier among big bank chiefs. The former investment banker is determined to make his firm stand out, too.

4 days ago - The Australian Financial Review

Gold will contend with higher yields and shallower rate cuts in 2025, spot price to average $2,700/oz – Westpac

Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.

6 days ago - Kitco

Australian dollar slips on soft consumer confidence

The Australian dollar is down sharply on Tuesday. In the North American session, AUD/USD is trading at 0.6337, down 0.52% at the time of writing. Consumer confidence slides Australia’s Westpac consume...

6 days ago - MarketPulse

Westpac CFO retires, giving Miller chance to reshape leadership

Michael Rowland said he would leave next year, taking to three the number of senior positions to be filled by the bank’s new chief executive.

7 days ago - The Australian Financial Review

ASX 200 LIVE: Shares waver; Westpac CFO Michael Rowland to retire; bitcoin surges to record high; Karoon Energy shares fall

Shares advance after slipping; Data3, Karoon weigh on ASX. Another Star Entertainment departure. Oil slips and gold holds steady. Follow updates here.

7 days ago - The Australian Financial Review

Calls grow for Westpac to reveal energy transition plan thinking

Australian Ethical and Market Forces have put forward a resolution for a second year seeking more detail on the bank’s assessment of borrowers’ transition plans.

12 days ago - The Australian Financial Review

Huge improvement in the Australian jobs data may be a 'head fake'

The data is here from earlier - a stunning drop in the unemployment rate: Australia November unemployment rate 3.9% (vs. 4.2% expected)... did a double take on that Westpac are wary of the result. Ana...

12 days ago - Forexlive

Australian Banks Rely On Capital To Offset Margin Pressures, Profit Declines

The country's four major lenders reported a decline in their net profits for the fiscal year ended Sept. 30. Australian banks have faced higher operating costs and tougher competition in the mortgage ...

20 days ago - Seeking Alpha

Westpac expect another Reserve Bank of New Zealand 50bp interest rate cut in February

The RBNZ cut the OCR by 50bps to 4.25% today: RBNZ Gov Orr says tariffs would put up pressure on price levels globally RBNZ Gov says it's a misunderstanding that RBNZ projections show slower pace of r...

27 days ago - Forexlive

Australian CPI due at the bottom of the hour - what to expect and why its not official

Snippet preview via Commonwealth Bank of Australia: We anticipate headline CPI inflation remained at 2.1%/yr in October. While a soft monthly outcome a year ago makes it hard for the annual rate to re...

27 days ago - Forexlive

ForexLive Asia-Pacific FX news wrap: Gold, BTC up

Federal Reserve Board Governor Michelle Bowman speaking Friday Just over half of economists surveyed expect the Bank of Japan to hike rates in December European Central Bank President Lagarde, plus Na...

4 weeks ago - Forexlive

RBA first cut forecasts from Australia's 4 biggest banks

Westpac revised their first cut forecast to May from February: Westpac revise its RBA forecast - see later but faster interest rate cuts Of Australia's four biggest banks, National Australia Bank (NAB...

4 weeks ago - Forexlive

Macquarie, Westpac and CBA big losers from $350m rural bank levy

Confidential details shared with industry participants show the size of the cost to the biggest lenders as Treasury attempts to keep regional branches open.

5 weeks ago - The Australian Financial Review

Incoming Westpac boss Miller poaches Wild from BHP

Anthony Miller has made his first move at the nation’s second-largest bank, recruiting his head of sustainability Fiona Wild from BHP.

6 weeks ago - The Australian Financial Review

Ex-Westpac treasurer named to Imperium Markets advisory board

The new board will be headed up by Imperium chairman Rod Lewis, former Westpac treasurer Curt Zuber and former MBIA UK chairman and chief executive Chris Weeks.

6 weeks ago - The Australian Financial Review

Woolworths, Westpac funds back controversial $500m anti-crime start-up

Auror’s use of AI technology to help retailers track criminals led to an Information Commissioner investigation, but investors aren’t worried.

6 weeks ago - The Australian Financial Review

Two Westpac directors leave after just three years on coveted board

The resignations add to a significant transition for the bank, with a new chairman appointed last year and a fresh chief executive starting next month.

6 weeks ago - The Australian Financial Review

New Zealand employment report recap - nothing to shift the RBNZ's view

The data is here: New Zealand Q3 unemployment rate 4.8% (expected 5.0%, prior 4.6%) Westpac have a handy summary up, we don’t think that there’s anything in today’s figures that would shift the RBNZ’s...

6 weeks ago - Forexlive

Full Year 2024 Westpac Banking Corp Earnings Presentation Transcript

Full Year 2024 Westpac Banking Corp Earnings Presentation Transcript

7 weeks ago - GuruFocus

Westpac’s departing King sees two pain points for Australia

Peter King leaves having steered Westpac through an impressive turnaround. But he sees two problems Australia needs to solve.

7 weeks ago - The Australian Financial Review

Incoming Westpac boss Anthony Miller takes on bank’s tech rescue

A $3 billion-plus technology project known as Unite will become a key plank of the new Westpac boss’ agenda when he takes the reins next month.

7 weeks ago - The Australian Financial Review