Westpac Banking Corporation (ASX:WBC)
Australia
· Delayed Price · Currency is AUD | Market Cap | 106.24B |
| Revenue (ttm) | 21.37B |
| Net Income (ttm) | 6.96B |
| Shares Out | 3.42B |
| EPS (ttm) | 1.96 |
| PE Ratio | 15.84 |
| Forward PE | 15.61 |
| Dividend | 1.52 (4.87%) |
| Ex-Dividend Date | May 8, 2025 |
| Volume | 6,148,192 |
| Average Volume | 5,448,888 |
| Open | 31.52 |
| Previous Close | 31.21 |
| Day's Range | 31.08 - 31.64 |
| 52-Week Range | 25.76 - 35.27 |
| Beta | 0.72 |
| RSI | 45.67 |
| 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 StatementsNews
ForexLive Asia-Pacific FX news wrap: Some give back for Asian currencies
U.S. lawmaker targets Nvidia chip smuggling to China with new bill Taiwan dollar has dropped some of its gains today after Friday and Monday's surge 41% of Hong Kong’s container shipments to North Ame...
Australia's Westpac says 'worst is behind us', finance demand for M&A stronger
The CEO of Australia's second-largest mortgage lender Westpac said on Tuesday that the economy was showing signs of recovery and financing demand for M&A was stronger.
Westpac CEO Catherine McGrath intervenes after pensioner loses $158k in bank transfer error
The money went to an Auckland woman who allegedly spent it on cars and transfers.
Australia - Westpac CEO says the ‘Worst is behind us’ across consumer and business stress
Westpac CEO says the ‘Worst is behind us’ across consumer and business stress also: Finance demand for M&A pipeline is stronger than expected I'm not sure what precipitated these remarks. Oh, here we ...
Westpac boss bets on farms in renewed agriculture push
A visit to the northern NSW town of Moree last month made it clear to Westpac chief executive Anthony Miller he should continue to reopen branches in regional areas.
Afternoon Update: Liberals start soul-searching; husband’s denial in mushroom trial; and a 478-hour ‘slow TV’ stream ends
Want to get this in your inbox every weekday? Sign up for the Afternoon Update here , and start your day with our Morning Mail newsletter . Good afternoon, everyone. The election wash-up continues, wi...
Westpac rebuilt itself with investors’ cash. It must now use it better
Westpac can thank shareholders for helping create a bigger and stronger bank, not rub their noses in it. Its haven pitch works in this market, but may not always.
Westpac CEO believes Australia now pulling out of cost of-living crisis
Anthony Miller says worst of inflation-induced pressure on borrowers is easing, while framing Labor re-election an ‘enormous positive’ Australian federal election news LIVE – latest results and update...
Westpac's Profit Misses Expectations Amid Narrowing Loan Margins
Westpac's Profit Misses Expectations Amid Narrowing Loan Margins
Westpac CEO welcome PM’s win, but his bank is going backwards
Anthony Miller says the continuity the election result brings is welcome. But his first-half results show the growth challenges for the bank and its rivals.
Westpac half-year earnings dip on rising costs, margin pressure
Westpac reported a slide in interim net profit to $3.3 billion, undershooting market expectations, with costs driven higher by the bank’s systems overhaul program.
Westpac CEO pitches ambitious growth agenda, as half-year profit dips
Westpac’s first-half net profit of $3.3 billion and interim dividend missed expectations, ast CEO Anthony Miller outlined his plans to sell more products to existing customers.
ASX 200 LIVE: Trump planning 100pc tariff on international films; WBC reveals profit miss; OPEC+ sends Brent oil price tumbling; sharemarket slips.
Shares fall; Westpac’s profit miss; US film industry ‘dying’, Trump says; Brent sinks 3pc, OPEC+ to ramp up output; Gold Road rallies, agrees to $3.7b takeover.
Australia's Westpac first-half profit falls 1%
Australia's Westpac Banking Corp recorded a marginal 1% drop in its first-half net profit on Monday, as a rise in operating costs due to technology investments offset growth in total loans.
Westpac fined $3.25m for misleading customers
Bank's 'systems were insufficient', says Judge.
Australia's banks face critical earnings test amid economic, political crosscurrents
Australia's biggest banks face a pivotal earnings test next week as they navigate mixed interest margin prospects in the face of looming rate cuts, persistent inflation concerns and rising mortgage st...
Infostealer Malware Hits Australian Banks: Staff Credentials Stolen In Major Cyber Threat
The revelations follow earlier reports this week that more than 31,000 customer banking passwords from the Big Four banks -- ANZ, CommBank, NAB, and Westpac -- had also been stolen using similar malwa...
Australia's Westpac flags $89.4 million hedging hit to half-year profit
Australia's Westpac Banking Corp said on Wednesday net profit after tax for the first half of 2025 would be reduced by A$140 million ($89.35 million) due to hedging.
31,000 Australian Banking Credentials Circulate On Telegram And Dark Web: How To Protect Your Data
Cyber intelligence firm Dvuln uncovered the breach, revealing that the credentials include passwords from at least 14,000 Commbank customers, 7,000 ANZ users, 5,000 NAB clients, and 4,000 from Westpac...
Political scrutiny of mortgage rates to pressure bank margins
Ahead of interim earnings at Westpac, NAB and ANZ next week, analysts are questioning whether bank stocks can remain safe-haven assets.
"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.