Westpac Banking Corporation (WEBNF)
| Market Cap | 70.11B |
| Revenue (ttm) | 13.08B |
| Net Income (ttm) | 4.34B |
| Shares Out | n/a |
| EPS (ttm) | 1.26 |
| PE Ratio | 16.14 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 200 |
| Average Volume | 2,580 |
| Open | 20.00 |
| Previous Close | 20.00 |
| Day's Range | 19.38 - 20.10 |
| 52-Week Range | 16.30 - 23.28 |
| Beta | 0.69 |
| RSI | 57.09 |
| Earnings Date | May 5, 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
"Lock it in: RBA to cut 25bps in May" - Westpac forecast for the Reserve Bank of Australia
The Reserve Bank of Australia next meet on May 19- 20 In summary from Australian 'big four' bank Westpac, bolding is mine: Lock it in, no need to wait for the CPI: RBA Monetary Policy Board expected t...
Westpac and CBA face green ire over $500m loan to salmon farmers
High-profile environmentalists Richard Flanagan and Geoff Cousins say the major lenders are being misleading by describing the financing as “sustainable”.
Westpac’s $50,000 call centre clash lands bank in PR nightmare
The lending giant thought it had detected a scam. But a customer is adamant he was denied access to his money with no explanation. And he’s gone public.
Westpac says loan fraud whistleblower got bigger bonus, not cast out
The bank’s former head of risk and treasury audit says she was victimised after raising concerns two years ago that some mortgage brokers were faking documents.
CBA and Westpac mull removing numbers from their credit cards
Australia is expected to be the first major market to embrace numberless credit cards in the next two years, according to Mastercard.
Market Outlook for the Week 7th-11th April
It’s expected to be a quiet week ahead, as is usually the case following the NFP report. On Tuesday, Australia will release the Westpac consumer confidence and NAB business confidence data. On Wednesd...
Economic calendar in Asia Tuesday, April 1, 2025 - RBA decision & China manufacturing PMI
The Reserve Bank of Australia is expected to leave its cash rate on hold today: CBA expects RBA on hold this week, with a more dovish tone Poll shows expectations are for the Reserve Bank of Australia...
Labor bets $15m on using quantum technology to fight cyberattacks
The government’s National Reconstruction Fund is the lead investor in a funding round for Canberra-based QuintessenceLabs, which is also backed by Westpac.
CBA expects RBA on hold this week, with a more dovish tone
Commonwealth Bank of Australia expects the Reserve Bank to keep the official cash rate unchanged at 4.10% in April, with policymakers likely to strike a more dovish tone as they await the March quarte...
Westpac plots $3b technology overhaul to slash long-term costs
The bank’s new chief executive, Anthony Miller, outlined plans to shrink the number of systems to cut expenses described by analysts as unsustainable.
Poll shows expectations are for the Reserve Bank of Australia to stay on hold next week
The latest poll on the Reserve Bank of Australia from Reuters, in brief: RBA to hold steady in April: All 39 economists surveyed by Reuters expect the Reserve Bank of Australia to keep the cash rate a...
ForexLive Asia-Pacific FX news wrap: Trump announces 25% tariffs on imported autos
Daiwa cuts Tesla price target to $300, citing margin pressure and demand concerns Japan warns of “significant impact” from new U.S. tariffs European Central Bank's Buch, de Guindos, Escrivsa, Schnabel...
Westpac bank under fire over $2m fraud, Auckland money launderer Carel Viljoen on leave from Beca
Carel Viljoen laundered nearly $2 million in an investment scam.
Budget lunch gets a poor corporate turnout
Westpac’s Anthony Miller was the filling in a power sandwich, but CEOs were thin on the ground at the budget wash-up lunch.
Copper prices supported by by expectations of a tighter global supply
Westpac with the analysis. In brief: copper prices supported by by expectations of a tighter global supply U.S. copper premiums have jumped to 14% above London Metal Exchange prices, driven by the pot...
Westpac targets defence lending as banks deepen national security ties
Under pressure from the Trump administration, major economies are increasing their military spending. The big lenders can see opportunity to provide financing.
Inside Project Aries: Westpac’s secret plan for St George
The major lender has already shrunk the number of branches and closed its subsidiary’s private banking division. Now it’s considering its next steps.
Westpac Slashes Variable Home Loan Rates To 5.84% Amid Growing Competition Among Banks
Westpac's decision to compete directly with ANZ Bank is being seen as a positive move for customers.
Westpac launches internal home loan fraud probe after RAMS closure
The major lender has been conducting a deep dive of mortgages originated in-house amid concerns that borrowers are increasingly misrepresenting their finances.
Westpac poaches NAB’s CFO, adding another Goldman alumni to its ranks
Nathan Goonan is leaving National Australia Bank at the same time as long-time executive and the head of its business banking division, Rachel Slade.
ASX 200 LIVE: UBS upgrades MinRes to “buy”; sharemarket tracks Wall Street’s gains, China stimulus in focus.
Shares higher; MinRes rallies 8pc; two bidders court Smartpay, leaps 44pc; Spartan, Ramelius to merge; Westpac poaches NAB CFO; China stimulus in focus.
Australia's Westpac settles auto finance class action lawsuit for $81 million
Australia's Westpac Banking Corp has reached an A$130 million ($81.84 million) settlement on a class action lawsuit against the lender over commissions paid to auto dealers over five years, the bank s...
Russia-Ukraine war: Vladimir Putin makes surprise visit to Kursk region as Russia mulls peace deal
The Kremlin is reviewing details of the US proposed ceasefire with Ukraine; Westpac boss backs decision not to retaliate against US tariffs. Follow live updates.
ASB, TSB help fraud victims send $2m to scammers, accused money mule admits to Westpac he’s a ‘middle’ man
A scam victim who lost $1m says: “I’ve failed as a husband to protect my wife".
Westpac’s head of retail banking to depart
The exit comes after the company last year appointed his leadership rival, Anthony Miller, as its chief executive.