Westpac Banking Corporation provides banking and financial services worldwide. The company operates through five divisions: Consumer Bank, Business Bank, BT Financial Group, Westpac Institutional Bank, and Westpac New Zealand. Its personal banking services include savings accounts, term deposits, and student accounts; home, personal, and investment loans, as well as credit and currency cards; and home and content, landlord, car, travel, boat, caravan and trailer, life, credit and loan repayment, and income protection insurance products. The companys personal banking services also comprise superannuation products, guaranteed income plans, retirement planning services, share and investment options, and financial advisory services, as well as other services, such as emergency cash, online and telephone banking, ATMs, unclaimed money, travel center, private banking, foreign currency, and banking services to migrants moving to Australia. It also provides business banking services, including business, foreign currency, community solutions cheque, agribusiness, savings, not-for-profit saving, and farm management accounts, as well as term deposits; equipment finance, small business loans, commercial loans, and agribusiness loans; merchant services; superannuation products; business, farm pack, person income, and business overheads insurance; foreign exchange, cash flow management, import and export, and international trade services; industry specific banking services; and online and telephone banking services. In addition, it offers corporate banking services, such as capital advisory and funds management services; transactional banking services; financial market services; and corporate and structured finance, as well as trade and supply chain finance. The company was formerly known as Bank of New South Wales and changed its name to Westpac Banking Corporation in October 1982. Westpac Banking Corporation was founded in 1817 and is headquartered in Sydney, Australia.
Industry, Sector and Symbol:
- Sector: Financial
- Industry: Money Center Banks
- Sub-Industry: N/A
- Symbol: ASX:WBC
- CUSIP: N/A
- Web: www.westpac.com.au
Average Prices:- 50 Day Moving Avg: A$31.68
- 200 Day Moving Avg: A$32.62
P/E:- Trailing P/E Ratio: 14.50
- P/E Growth: 3.17
Dividend:
Profitability:- Net Margins: 36.33%
- Return on Equity: 13.27%
- Return on Assets: 0.93%
Frequently Asked Questions for Westpac Banking Corp (ASX:WBC)
What is Westpac Banking Corp's stock symbol?
Westpac Banking Corp trades on the ASX under the ticker symbol "WBC."
Who are some of Westpac Banking Corp's key competitors?
Some companies that are related to Westpac Banking Corp include Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Bank of Montreal (BMO), Canadian Imperial Bank of Commerce (CM), National Bank of Canada (NA), Canadian Western Bank (CWB), Laurentian Bank of Canada (LB), National Bank of Greece (NBG), Australia and New Zealand Banking Group (ANZ), Bank of Queensland Limited (BOQ), Bendigo and Adelaide Bank Ltd (BEN), BNP Paribas SA (BNP), Commonwealth Bank of Australia (CBA), Intesa Sanpaolo SpA (ISP), KBC Groep NV (KBC), National Australia Bank (NAB) and Societe Generale SA (GLE).
Who are Westpac Banking Corp's key executives?
Westpac Banking Corp's management team includes the folowing people:
- Brian Charles Hartzer, Chief Executive Officer, Managing Director, Executive Director
- Peter King, Chief Financial Officer
- Lyn Elizabeth Cobley, Chief Executive - Westpac Institutional Bank
- Brad Cooper, Chief Executive Officer - BT Financial Group
- George Frazis, Chief Executive - Consumer Bank
- David Lindberg, Chief Executive - Business Bank
- David Alexander McLean, Chief Executive Officer - Westpac New Zealand Limited
- David Curran, Chief Information Officer
- Rebecca Lim, Chief Compliance Officer, Group General Counsel, Company Secretary
- Alexandra Holcomb, Chief Risk Officer
MarketBeat Community Rating for Westpac Banking Corp (ASX WBC)MarketBeat's community ratings are surveys of what our community members think about Westpac Banking Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Westpac Banking Corp (ASX:WBC) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Westpac Banking Corp (ASX:WBC)
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