for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Westpac Banking Corp

WBC.AX

Latest Trade

17.84AUD

Change

-0.32(-1.76%)

Volume

10,084,838

Today's Range

17.77

 - 

18.02

52 Week Range

13.47

 - 

30.05

As of on the Australian Stock Exchange Ltd ∙ Minimum 15 minute delay

Pricing

Previous Close
18.16
Open
17.91
Volume
10,084,838
3M AVG Volume
265.40
Today's High
18.02
Today's Low
17.77
52 Week High
30.05
52 Week Low
13.47
Shares Out (MIL)
3,609.22
Market Cap (MIL)
65,588.20
Forward P/E
17.42
Dividend (Yield %)
4.41

Next Event

Dividend For WBCPI.AX - 0.6713 AUD

Latest Developments

More

Westpac Announces Long Service Leave Remediation

Australia's ASIC Refers To Dismissal Of Its Responsible Lending Appeal Regarding Westpac

Westpac Announces Pendal Group Ltd Institutional Offer

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

About Westpac Banking Corp

Westpac Banking Corporation is a banking organization. The Company provides a range of banking and financial services in these markets, including consumer, business and institutional banking and wealth management services. The Company’s operations consist of various divisions including Consumer, Business, Westpac Institutional Bank (WIB) and Westpac New Zealand. Consumer division is responsible for sales and service to consumer customers in Australia. Business division provides business banking and wealth facilities and products for customers across Australia. WIB delivers a broad range of financial products and services to commercial, corporate, institutional and government customers operating in, or with connections to Australia and New Zealand. Westpac New Zealand is responsible for sales and service of banking, wealth and insurance products for consumer, business and institutional customers in New Zealand.

Industry

Regional Banks

Contact Info

L 18 275 Kent St

SYDNEY, NSW

2000

Australia

+61.2.91557700

https://www.westpac.com.au/

Executive Leadership

John McFarlane

Non-Executive Independent Chairman of the Board

Peter Francis King

Chief Executive Officer, Managing Director, Executive Director

Gary Thursby

Chief Financial Officer

Guilherme Lima

Chief Executive of Business division

David Alexander McLean

Chief Executive Officer - Westpac New Zealand Limited

Key Stats

2.71 mean rating - 14 analysts
Sell
Hold
Buy
Revenue (MM, AUD)

2017

21.8K

2018

22.1K

2019

20.7K

2020(E)

20.8K
EPS (AUD)

2017

2.397

2018

2.362

2019

1.985

2020(E)

1.059
Price To Earnings (TTM)
13.63
Price To Sales (TTM)
3.04
Price To Book (MRQ)
0.97
Price To Cash Flow (TTM)
10.46
Total Debt To Equity (MRQ)
331.96
LT Debt To Equity (MRQ)
313.13
Return on Investment (TTM)
--
Return on Equity (TTM)
0.52

Latest News

Latest News

Australia's Westpac to pay $5.5 million for staff underpayment, cites calculation errors

Australia's Westpac Banking Corp <WBC.AX> on Friday said it will have to pay A$8 million ($5.5 million) to around 8,000 employees who were found to have been underpaid their long-service leave entitlements due to calculation errors.

Australia's Westpac to pay $5.5 mln for staff underpayment

Australia's Westpac Banking Corp on Friday said it will have to pay A$8 million ($5.54 million) to around 8,000 employees who were found to have been underpaid their long service leave entitlements due to calculation errors.

Australian regulator loses legal appeal in Westpac bank lending case

An Australian appeals court on Friday threw out a regulator lawsuit against Westpac Banking Corp <WBC.AX>, saying the country's second largest lender's method for determining whether homebuyers could service their mortgages had not broken the law.

Australia's Westpac agrees sale of Pendal stake for $128 million

Westpac Banking Corp <WBC.AX> said on Thursday it has agreed to sell its remaining 9.5% stake in fund operator Pendal Group Ltd <PDL.AX> to institutional investors for about A$185.4 million ($128 million).

CORRECTED-Australia's Westpac to exit Pendal in a $128 million stake sale (June 17)

Westpac Banking Corp said on Wednesday it would sell its remaining 9.5% stake in fund operator Pendal Group Ltd for about A$185.4 million ($128.26 million).

UPDATE 3-Australian financial crime watchdog may broaden Westpac child exploitation lawsuit

Australia's financial crime watchdog may add additional breaches of anti-money laundering laws related to suspected child exploitation transactions to its lawsuit against Westpac Banking Corp, the bank said on Friday.

Australia's Westpac says regulator may include more allegations in money-laundering case

Australia's Westpac Banking Corp on Friday said it was notified by the financial crime watchdog that it may include additional allegations of wrongdoing in its case against the lender for breaching anti-money laundering laws.

Australia's Westpac says 'faults of omission' allowed exploitation payments

Australia's Westpac Banking Corp <WBC.AX> said an internal investigation had concluded that child exploitation payments made through its system were the result of "faults of omission" and not intentional wrongdoing.

Australia's Westpac unveils findings from compliance review

Australian lender Westpac Banking Corp said on Thursday its millions of breaches of anti-money laundering and counter-terrorism laws were caused by "faults of omission" and not intentional wrongdoing.

Westpac says institutional bank chief to retire

Australia's Westpac Banking Corp <WBC.AX> said on Friday the head of its institutional bank was retiring from the lender, adding to a string of management changes since a major money laundering scandal last year.

Westpac changes call on RBNZ rates, sees rate cut only in 2021

Westpac changed their call on New Zealand interest rates on Thursday, saying they now expect the Reserve Bank of New Zealand (RBNZ) to cut rates to -0.5% by April next year.

Scandal-hit Westpac picks insider to head financial crime and compliance

Westpac Banking Corp <WBC.AX> named an insider on Tuesday to a newly created role overseeing financial crime and compliance after the bank was caught up in a major money laundering scandal last year.

Australia's Westpac picks an insider to head financial crime and compliance

Westpac Banking Corp named an insider on Tuesday to a newly created role to oversee financial crime and compliance after the bank was caught up in a major money laundering scandal toward the end of last year.

NatWest appoints Westpac executive as retail banking boss

British state-backed bank NatWest <RBS.L> has appointed Westpac <WBC.AX> executive David Lindberg as chief executive of its retail banking business.

Australia's Westpac admits to breaches of money-laundering laws

Westpac Banking Corp <WBC.AX> admitted to millions of breaches of anti-money laundering and counter-terrorism laws in a filing in Australia's Federal Court on Friday, but denied accusations it enabled illegal payments between known child sex offenders.

Australia's Westpac files defence in money-laundering case

Australia's second largest bank Westpac Banking Corp on Friday said it has filed its defence in a case where it is accused of 23 million alleged breaches of anti-money laundering laws.

Westpac earnings plummet, halts dividend, flags insurance and wealth exit

Westpac Banking Corp <WBC.AX> said on Monday it would not pay a dividend in June, as it posted a 70% drop in first-half cash earnings and announced a strategic review of its underperforming wealth, pension investments and insurance units.

Australia's Westpac H1 cash earnings falls 70%, defers dividend decision

Westpac Banking Corp on Monday deferred a decision on its interim dividend and posted an 70% drop in first-half cash earnings, hit by steep costs over a money laundering scandal and a surge in charges for bad loans due to the coronavirus outbreak.

Australia's Westpac sees over $2 billion hit to earnings amid virus

Westpac Banking Corp <WBC.AX> said it would write down more than A$3.67 billion ($2.36 billion) in its first-half results, with most of the charges stemming from the economic deterioration expected from the coronavirus outbreak.

Westpac forecasts negative interest rates for NZ later this year

Westpac said on Tuesday that negative interest rates would be a natural next step for New Zealand's central bank as it responds to the economic fallout of the coronavirus crisis.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up