Westpac Banking Corporation (WBK)

NYSE: WBK · IEX Real-Time Price · USD
14.04
-0.30 (-2.09%)
Jan 28, 2022 1:28 PM EST - Market open
Market Cap52.13B
Revenue (ttm)15.27B
Net Income (ttm)3.93B
Shares Out3.71B
EPS (ttm)0.99
PE Ratio14.17
Forward PE13.57
Dividend$0.90 (6.38%)
Ex-Dividend DateNov 8, 2021
Volume391,930
Open14.22
Previous Close14.34
Day's Range13.98 - 14.23
52-Week Range13.98 - 20.82
Beta0.85
AnalystsBuy
Price Target22.67 (+61.5%)
Earnings Daten/a

About WBK

Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, the Americas, Asia, Europe, and internationally. It offers everyday banking, savings, term deposit, business transaction, foreign currency, and specialized accounts; home, personal, and business loans; credit cards; international and travel services; share trading services; investment; and home, car, travel, life, and business insurance products. The company also provides merchant and payment, corporate and institutional, transaction banking, ...

IndustryBanks
Founded2000
Employees40,143
Stock ExchangeNYSE
Ticker SymbolWBK
Full Company Profile

Financial Performance

Financial numbers in millions AUDFinancial Statements

Analyst Forecast

According to 2 analysts, the average rating for WBK stock is "Buy." The 12-month stock price forecast is 22.67, which is an increase of 61.47% from the latest price.

Price Target
$22.67
(61.47% upside)
Analyst Consensus: Buy

News

New Strong Sell Stocks for January 3rd

ENR, OSK, and WBK have been added to the Zacks Rank #5 (Strong Sell) List on January 3, 2022

Other symbols:ENROSK
3 weeks ago - Zacks Investment Research

New Strong Sell Stocks for December 27th

TXRH, VIOT, WBK, AMED and CGNX have been added to the Zacks Rank #5 (Strong Sell) List on December 27, 2021

Other symbols:AMEDCGNXTXRHVIOT
1 month ago - Zacks Investment Research

Australia's Westpac suffers protest vote at AGM, chairman apologises for share slide

Australia's Westpac Banking Corp was hit with a so-called "first strike" vote against executive pay plans at its annual general meeting and Chairman John McFarlane apologised "unreservedly" for a sharp ...

1 month ago - Reuters

EBKDY vs. WBK: Which Stock Is the Better Value Option?

EBKDY vs. WBK: Which Stock Is the Better Value Option?

1 month ago - Zacks Investment Research

Westpac to likely pay $81 million for allegedly charging dead people, among other breaches

Westpac said on Tuesday it will likely be fined 113 million Australian dollars ($80.8 million) for alleged compliance failures across its business over many years, including charging financial advice fe...

1 month ago - CNN Business

Australian regulator takes Westpac to court over multiple compliance failures

Australian securities regulator said on Tuesday it has filed six civil penalty proceedings against Westpac Banking Corp, the country's third-largest bank, alleging widespread compliance failures across ...

1 month ago - Reuters

Westpac NZ's risk governance needs 'significant improvement', says RBNZ

The Reserve Bank of New Zealand (RBNZ) said on Thursday Westpac's local unit needs to address risk governance and compliance concerns after an independent report highlighted "material shortcoming" in th...

2 months ago - Reuters

Why Shares of Westpac Banking Corp Are Falling This Week

The Australian bank reported earnings results earlier this week.

2 months ago - The Motley Fool

Westpac Banking Corporation (NYSE:WBK) Files Annual Report With the US Securities and Exchange Commission

SYDNEY--(BUSINESS WIRE)--Westpac files Annual Report with the US Securities and Exchange Commission

2 months ago - Business Wire

Westpac 2021 Full Year Result

SYDNEY--(BUSINESS WIRE)--Westpac 2021 Full Year Result

2 months ago - Business Wire

Australia's Westpac to return $4.3 billion to shareholders as profit doubles

Australia's Westpac Banking Corp plans to return A$5.7 billion ($4.28 billion) to shareholders in the form of a buyback and dividends as the No.2 lender's annual profit more than doubled with the releas...

2 months ago - Reuters

Dow Jones Newswires: Australia's Westpac to buy back billions in stock as annual profit doubles

SYDNEY--Westpac Banking Corp. said its annual net profit more than doubled and it would seek to buy back shares worth up to 3.50 billion Australian dollars (US$2.63 billion).

2 months ago - Market Watch

LYG vs. WBK: Which Stock Should Value Investors Buy Now?

LYG vs. WBK: Which Stock Is the Better Value Option?

Other symbols:LYG
3 months ago - Zacks Investment Research

Westpac to launch zero-interest digital card with young consumers in focus

Westpac Banking Corp said on Wednesday it would launch a digital credit card this year that would offer zero interest and be aimed primarily at young customers who are seeking the convenience of fast an...

3 months ago - Reuters

Australia's Westpac flags $950 million profit hit, led by energy exit costs

SYDNEY (Reuters) -Australia's Westpac Banking Corp said on Tuesday it will take a one-off charge of A$1.3 billion ($956 million) against its second-half profit after its institutional banking unit quit ...

3 months ago - Reuters

DB vs. WBK: Which Stock Should Value Investors Buy Now?

DB vs. WBK: Which Stock Is the Better Value Option?

Other symbols:DB
4 months ago - Zacks Investment Research

Australia's Westpac mulls paying back investors, flags lower margins

Westpac Banking Corp said on Tuesday it would consider returning capital to shareholders as Australia's post-pandemic economic rebound allows its big banks to return some of their record levels of cash.

5 months ago - Reuters

Westpac to sell Australian life insurance unit for $660 million

Australia's second largest lender Westpac Banking Corp said on Monday it is selling its Australian life insurance business to Japan's Dai-ichi Life Holdings for A$900 million ($660 million).

5 months ago - Reuters

Australia's Westpac files lawsuit against Forum Finance for alleged fraud

Westpac Banking Corp said on Friday that it started legal proceedings against Forum Finance after it discovered a potential fraud regarding equipment leases arranged by the financial services provider f...

6 months ago - Reuters

Westpac's Callow Sees Short-Term Support for Dollar

Jun.16 -- Sean Callow, senior currency strategist at Westpac Banking Corp., discusses Federal Reserve policy and its implications for the dollar and other currencies, Fed officials sped up their expecte...

7 months ago - Bloomberg Markets and Finance

Here's Why Westpac Banking Corporation (WBK) is a Great Momentum Stock to Buy

Does Westpac Banking Corporation (WBK) have what it takes to be a top stock pick for momentum investors? Let's find out.

8 months ago - Zacks Investment Research

Australian regulator accuses Westpac of insider trading in $12 billion grid sale

Australia's corporate watchdog accused Westpac Banking Corp of insider trading while financing a A$16 billion ($12 billion) energy grid privatisation in 2016, the latest in a series of regulatory proble...

8 months ago - Reuters

A Trio of Low Price-to-Free-Cash-Flow Ratio Stocks

When screening the market for value opportunities, one method is to pick securities whose trailing 12-month price-to-free-cash-flow ratios are low compared to that of the S&P 500 index, which stands at ...

Other symbols:HIHLF
11 months ago - GuruFocus

Westpac Banking's (WBK) Shares March Higher, Can It Continue?

As of late, it has definitely been a great time to be an investor in Westpac Banking (WBK).

11 months ago - Zacks Investment Research

A Trio of Low Price-Book Ratio Stock Picks to Consider

Picking stocks whose market capitalization surpasses $2 billion and whose price-book ratio is trading below 1.5 could grant investors a higher chance of unearthing value opportunities.

Other symbols:EBRSHG
1 year ago - GuruFocus