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Westpac Banking Corp

WBC.AX

Latest Trade

29.54AUD

Change

-0.15(-0.51%)

Volume

5,846,468

Today's Range

29.27

 - 

29.56

52 Week Range

23.30

 - 

29.97

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

Pricing

Previous Close
29.69
Open
29.40
Volume
5,846,468
3M AVG Volume
124.51
Today's High
29.56
Today's Low
29.27
52 Week High
29.97
52 Week Low
23.30
Shares Out (MIL)
3,443.77
Market Cap (MIL)
103,616.00
Forward P/E
14.38
Dividend (Yield %)
6.33

Next Event

Dividend For WBCPG.AX - 1.0780 AUD

Latest Developments

More

Westpac Banking Corp CFO Peter King To Retire In 2020

ASIC Says It Filed An Appeal Against Decision Of Federal Court On Allegations Against Westpac

Westpac Confirms It Received Class Action Filed Against Certain Units

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About Westpac Banking Corp

Westpac Banking Corporation is a banking organization. The Company provides a range of banking and financial services in markets, including consumer, business and institutional banking and wealth management services. The Company is engaged in the provision of financial services, including lending, deposit taking, payments services, investment portfolio management and advice, superannuation and funds management, insurance services, leasing finance, general finance, interest rate risk management and foreign exchange services. The Company's segments include Consumer Bank, Business Bank, BT Financial Group (BTFG), Westpac Institutional Bank (WIB) and Westpac New Zealand. The Company has branches throughout Australia, New Zealand, Asia and in the Pacific region. The Company through its division offers its services under various brands, such as Westpac, St.George, BankSA, Bank of Melbourne and RAMS brands.

Industry

Regional Banks

Contact Info

L 18 275 Kent St

+61.2.91557700

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

Executive Leadership

Lindsay Philip Maxsted

Independent Non-Executive Chairman of the Board

Brian Charles Hartzer

Chief Executive Officer, Managing Director, Executive Director

Peter Bruce King

Chief Financial Officer

Lyn Elizabeth Cobley

Chief Executive - Westpac Institutional Bank

Guilherme Lima

Chief Executive of Business division

Key Stats

2.69 mean rating - 13 analysts
Sell
Hold
Buy
Revenue (MM, AUD)

2016

21.2K

2017

21.8K

2018

22.1K

2019(E)

21.1K
EPS (AUD)

2016

2.355

2017

2.397

2018

2.362

2019(E)

2.064
Price To Earnings (TTM)
14.88
Price To Sales (TTM)
4.89
Price To Book (MRQ)
1.60
Price To Cash Flow (TTM)
12.68
Total Debt To Equity (MRQ)
324.63
LT Debt To Equity (MRQ)
321.67
Return on Investment (TTM)
--
Return on Equity (TTM)
0.80

Latest News

UPDATE 1-Australia's Westpac veteran Peter King to retire as CFO

Westpac Banking Corp said on Thursday its chief financial officer, Peter King, will retire next year after spending 25 years with Australia's second largest bank.

Australia's Westpac veteran Peter King to retire as CFO

Westpac Banking Corp said on Thursday its chief financial officer Peter King will retire next year after spending 25 years with Australia's second largest bank.

UPDATE 1-Australian regulator appeals against court dismissal of Westpac lending case

Australia's corporate watchdog on Tuesday said it had lodged an appeal against a court decision dismissing its accusations that the nation's second-biggest lender Westpac Banking Corp had approved mortgages without appropriate credit checks.

Australia's Westpac faces fee-for-no-service lawsuit

Australia's Westpac Banking Corp <WBC.AX> has been served a class action lawsuit accusing it of charging thousands of pension fund customers for services they never received, joining a parade of big-ticket litigation arising from a major inquiry into the financial sector.

Australia's Westpac confirms class action by Slater & Gordon

Westpac Banking Corp said on Friday it has received a class action filed by law firm Slater & Gordon against its units BT Funds Management and Westpac Life Insurance Services in relation to a pension investment option.

UPDATE 2-Headwinds hitting capital at Australia's Westpac ahead of January deadline

* Dividend cut on cards to meet capital requirement - analyst

Westpac's third-quarter stressed assets rise

Australia's Westpac Banking Corp said on Monday its stressed assets rose in the third quarter, as regulators relaxed mortgage lending rules to boost volumes and offer a leg up to the economy.

Australian regulator loses court battle against Westpac over lending standards

An Australian court on Tuesday dismissed allegations that Westpac Banking Corp <WBC.AX> had approved mortgages without adequate credit checks, dealing a blow to the regulator's efforts to toughen lending standards.

Australian court rejects responsible lending claims against Westpac

An Australian court dismissed a case by the corporate regulator against Westpac Banking Corp on Tuesday over claims the country's second-largest lender used inappropriate standards to approve thousands of mortgages.

Australia Westpac fined for late data reporting as regulator toughens stance

Australia's financial watchdog fined Westpac Banking Corp <WBC.AX> and two of its units on Thursday for failing to report data to the watchdog on time, weeks after a government report called on the regulator to take tougher action on misconduct.

Australia's Westpac fined by watchdog failing to report data on time

Australia's financial watchdog fined Westpac Banking Corp and two of its units for failing to report data to the watchdog on time according to their legal obligations.

Australia's Westpac warns tighter lending rules will harm economy

A push by Australian regulators to tighten lending rules risks slowing down Australia's sluggish economy even further, the chief executive of Westpac Banking Corp said on Tuesday.

Australia's Westpac brings forward RBA rate cut forecast, A$ slips

Westpac Banking Corp has brought forward the timing of its forecast for the next rate cut by the Reserve Bank of Australia (RBA) to October, from November previously, chief economist Bill Evans said on Wednesday.

Fitch Ratings cuts outlook for Australia's Westpac, ANZ to "negative"

Fitch Ratings on Wednesday revised to "negative" from "stable" the outlook for Australia's No.2 lender Westpac Banking Corporation and its peer Australia and New Zealand Banking Group Ltd.

New Zealand watchdog sues Westpac arm over failure to disclose credit card terms

New Zealand's commerce commission has sued Westpac's local arm <WBC.NZ> for not revealing key terms to thousands of credit card clients, in the latest sign of heightened regulatory scrutiny for Australian banks operating across the Tasman Sea.

New Zealand watchdog takes Westpac arm to court over breach of consumer law

New Zealand's commerce commission said on Thursday it filed proceedings in court against Westpac's New Zealand arm for breaching consumer law by withholding key information from clients.

Australian bank regulator tells Westpac, ANZ, NAB to set aside another $350 mln

Australia's prudential regulator said on Thursday it has told three of the country's biggest banks to set aside an additional A$500 million ($348 million) each until they have strengthened risk management and reimbursed customers wrongly charged fees.

UPDATE 1-Australia's Westpac bank says review finds cultural flaws

Westpac Banking Corp's culture can slow decision-making and dilute accountability, Chairman Lindsay Maxsted said on Monday, citing an internal report.

Australia's Westpac to make changes to remuneration proposal

Westpac Banking Corp, Australia's second biggest bank, will make changes to its next remuneration proposal after shareholders voted against it at the previous annual general meeting, Chairman Lindsay Maxsted said on Monday.

Westpac appoints HSBC's Lima as chief executive of Business division

Australia's Westpac Banking Corp , the country's second-largest lender, said on Wednesday it will appoint Guilherme Lima as chief executive of its Business division.

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

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