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XASX
WBC
Market cap84bUSD
Sep 17, Last price  
34.83AUD
1D
1.16%
1Q
-0.51%
Jan 2017
6.84%
Name

Westpac Banking Corp

Chart & performance

D1W1MN
XASX:WBC chart
P/E
17.21
P/S
2.05
EPS
2.02
Div yield, %
4.39%
Shrs. gr., 5y
-7.44%
Rev. gr., 5y
23.80%
Revenues
57.90b
+1.26%
9,104,000,00010,154,000,00010,984,000,00016,802,000,00016,910,000,00016,913,000,00017,983,000,00018,639,000,00019,937,000,00020,596,000,00020,954,000,00021,506,000,00022,345,000,00020,631,000,00019,906,000,00021,812,000,00019,271,000,00020,997,000,00057,181,000,00057,899,309,000
Net income
6.91b
-1.14%
3,071,000,0003,451,000,0003,859,000,0003,446,000,0006,346,000,0006,991,000,0005,970,000,0006,816,000,0007,561,000,0008,012,000,0007,445,000,0007,990,000,0008,095,000,0006,784,000,0002,290,000,0005,458,000,0005,694,000,0007,195,000,0006,990,000,0006,910,000,000
CFO
13.93b
P
-1,028,000,000-1,275,000,000-10,727,000,00020,761,000,000468,000,000-12,014,000,00018,484,000,00025,580,000,00028,371,000,000-541,000,0005,497,000,0002,820,000,00019,802,000,0007,104,000,00029,741,000,00016,673,000,00016,954,000,000-35,488,000,000-19,767,000,00013,926,000,000
Dividend
May 08, 20260.77 AUD/sh

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Profile

Westpac Banking Corporation, an established financial institution headquartered in Sydney, Australia, has provided a comprehensive suite of banking and financial solutions since its founding in 1817 (initially as Bank of New South Wales, rebranded in October 1982). Its operations extend across Australia, New Zealand, and into international markets. The company offers a broad spectrum of services to its diverse clientele, including various deposit accounts (such as savings, term deposits, and specialized business, trust, or foreign currency accounts); a wide range of lending products like home, personal, business, and commercial loans; and asset financing for vehicles and equipment, along with business overdrafts and bank guarantees. Westpac also issues debit and credit cards, facilitates international and travel services, provides share trading and investment products, and a diverse portfolio of insurance policies covering home, auto, travel, life, and business needs. Furthermore, it delivers sophisticated corporate and institutional services, encompassing transaction banking, financial market solutions, corporate and structured finance, trade and supply chain financing, industry-specific banking, and treasury management, all supported by extensive online banking capabilities. Its customer base spans individuals, micro, small, and medium-sized enterprises (SMEs), private wealth clients, and large commercial, corporate, institutional, and government entities.

Related entities

Subsidiaries (13)
BT FUNDS MANAGEMENT LIMITED
BT PORTFOLIO SERVICES LTD
WESTPAC BANK - PNG - LIMITED
WESTPAC BANKING CORPORATION UK STAFF SUPERANNUATION SCHEME
WESTPAC CAPITAL MARKETS LLC
WESTPAC EUROPE GMBH
WESTPAC FINANCIAL SERVICES LIMITED
WESTPAC NEW ZEALAND GROUP LIMITED
BT FUNDS MANAGEMENT NO. 2 LIMITED
WESTPAC NEW ZEALAND LIMITED
WESTPAC NZ COVERED BOND LIMITED
WESTPAC NZ SECURITISATION LIMITED
WESTPAC SECURITIES NZ LIMITED
Branches
Westpac Banking Corporation Shanghai Branch
Managed funds
BT WELLINGTON GLOBAL TOTAL RETURN FUND

Key people

Brian Charles Hartzer
Chief Executive Officer, Managing Director, Executive Director · since 2015
Lyn Elizabeth Cobley
Chief Executive - Westpac Institutional Bank · since 2015
Guilherme Lima
Chief Executive of Business division · since 2019
David Lindberg
Chief Executive Consumer · since 2019
Chief Executive Officer - Westpac New Zealand Limited · since 2015
Craig Bright
Chief Information Officer · since 2019
Carolyn McCann
Chief Complaints Officer · since 2019
David Stephen
Chief Risk Officer · since 2018
Christine Parker
Group Executive - Human Resources · since 2018
David Lees
Deputy Chief Financial Officer · since 2018
Gary Thursby
Chief Strategy Officer · since 2015
Alastair Welsh
Acting Group Executive Enterprise Services · since 2019
Tim Hartin
Group Company Secretary · since 2011
Nerida Frances Caesar
Non-Executive Independent Director · since 2017
Non-Executive Independent Director · since 2014
Non-Executive Independent Director · since 2015
Steven John Harker
Non-Executive Independent Director · since 2019
Non-Executive Independent Director · since 2013
Non-Executive Independent Director · since 2018
Non-Executive Independent Director · since 2019
IPO date
Jul 18, 1970
Employees
34,749
Domiciled in
AU
Incorporated in
AU
Headquarters & legal address
C/O WESTPAC GROUP
LEVEL 18,WESTPAC PLACE,275 KENT STREET
SYDNEY, NSW 2000
AU

Valuation

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