Westpac Banking Corporation (WEBNF)

OTCMKTS · Delayed Price · Currency is USD
20.30
0.00 (0.00%)
Jan 22, 2025, 9:51 AM EST
32.25%
Market Cap 70.80B
Revenue (ttm) 14.60B
Net Income (ttm) 4.85B
Shares Out n/a
EPS (ttm) 1.33
PE Ratio 14.61
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 200
Average Volume 1,727
Open 20.30
Previous Close 20.30
Day's Range 20.30 - 20.30
52-Week Range 14.94 - 23.28
Beta 0.87
RSI 52.09
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

ForexLive Asia-Pacific FX news wrap: China Q4 & December economic data show solid gains

European Central Bank speakers Friday include Escriva and Cipollone China's population fell in 2024 for the third straight year China National Bureau of Statistics (NBS) says domestic demand is insuff...

6 days ago - Forexlive

Westpac on the Australia dollar: "The exchange rate and the big pivot"

An extended note from Luci Ellis, Chief Economist Westpac Group, Westpac. In brief: A depreciating exchange rate sometimes gets interpreted as a ‘vote of no confidence’ in that economy or currency. In...

6 days ago - Forexlive

U.S. Dollar Index at 110 could trigger euro parity: Westpac

Richard Franulovich of Westpac Institutional Bank believes the euro still has some room to breathe before it hits parity with the U.S. dollar, amid multiple fiscal uncertainties in Germany and France.

7 days ago - CNBC International TV

Westpac cuts six-month home loan rate to 5.99%

One of New Zealand's major banks has moved early to cut home loan rates.

7 days ago - NZ Herald

AUD/USD steady as consumer sentiment slips lower

The Australian dollar is showing little movement on Tuesday. In the European session, AUD/USD is trading at 0.6174, down 0.06% at the time of writing. Australian consumer sentiment declines for second...

9 days ago - MarketPulse

BoQ’s business banking boss quits in blow to turnaround efforts

Chris Screen had worked at National Australia Bank and Westpac before joining the Queensland lender in 2019. The bank hoped to focus on his division this year.

11 days ago - The Australian Financial Review

Japanese Banks Post Efficiency Gains As Interest Rate Hikes Boost Profits

Major Japanese banks logged gains in efficiency measured by their cost-to-income ratios over the 12 months ended Sept. 30, helped by improved profits.

4 weeks ago - Seeking Alpha

Troubled RAMS trips to $18.6m loss

Westpac had earlier in the year failed to find a buyer for the business, which is involved in two court cases alleging fraud.

4 weeks ago - The Australian Financial Review

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...

4 weeks ago - Reuters

Westpac NZ admits overcharging customers $6.35m

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

4 weeks 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 weeks 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.

5 weeks 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.

5 weeks 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...

5 weeks 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.

5 weeks 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.

5 weeks 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.

6 weeks 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...

6 weeks 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 ...

7 weeks 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...

2 months 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...

2 months 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...

2 months 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...

2 months 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.

2 months 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.

2 months ago - The Australian Financial Review