Westpac Banking Corporation Company Profile (NYSE:WBK)

About Westpac Banking Corporation (NYSE:WBK)

Westpac Banking Corporation logoWestpac 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, Sector and Symbol:
  • Sector: Finance
  • Industry: Banks
  • Sub-Industry: N/A
  • Symbol: NYSE:WBK
  • CUSIP: N/A
  • Web: www.westpac.com.au
Capitalization:
  • Market Cap: $83.52033 billion
  • Outstanding Shares: 3,347,773,000
Average Prices:
  • 50 Day Moving Avg: $25.34
  • 200 Day Moving Avg: $24.90
  • 52 Week Range: $22.17 - $27.05
P/E:
  • Trailing P/E Ratio: 14.18
  • Foreward P/E Ratio: 13.14
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $16.11 billion
  • Price / Sales: 5.27
  • Book Value: $14.04 per share
  • Price / Book: 1.81
Dividend:
  • Annual Dividend: $1.38
  • Dividend Yield: 5.5%
Debt:
  • Debt-to-Equity Ratio: 2.82%
  • Current Ratio: 1.25%
Misc:
  • Average Volume: 207,867 shs.
  • Beta: 1.28
  • Short Ratio: 2.47
 

Frequently Asked Questions for Westpac Banking Corporation (NYSE:WBK)

What is Westpac Banking Corporation's stock symbol?

Westpac Banking Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "WBK."

How often does Westpac Banking Corporation pay dividends? What is the dividend yield for Westpac Banking Corporation?

Westpac Banking Corporation declared a semiannual dividend on Tuesday, May 9th. Shareholders of record on Thursday, May 18th will be given a dividend of $0.689 per share on Friday, July 14th. This represents a yield of 5.72%. The ex-dividend date is Tuesday, May 16th. View Westpac Banking Corporation's Dividend History.

Who are some of Westpac Banking Corporation's key competitors?

Who are Westpac Banking Corporation's key executives?

Westpac Banking Corporation'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

Who owns Westpac Banking Corporation stock?

Westpac Banking Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Northern Trust Corp (0.09%), Parametric Portfolio Associates LLC (0.05%), Renaissance Technologies LLC (0.04%), Aperio Group LLC (0.03%), Goldman Sachs Group Inc. (0.03%) and Royal Bank of Canada (0.02%). View Institutional Ownership Trends for Westpac Banking Corporation.

Who sold Westpac Banking Corporation stock? Who is selling Westpac Banking Corporation stock?

Westpac Banking Corporation's stock was sold by a variety of institutional investors in the last quarter, including Northern Trust Corp, Artisan Partners Limited Partnership, US Bancorp DE, M&T Bank Corp, Wells Fargo & Company MN, Wright Investors Service Inc., World Asset Management Inc and Capstone Asset Management Co.. View Insider Buying and Selling for Westpac Banking Corporation.

Who bought Westpac Banking Corporation stock? Who is buying Westpac Banking Corporation stock?

Westpac Banking Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Royal Bank of Canada, Aperio Group LLC, Renaissance Technologies LLC, Goldman Sachs Group Inc., Parametric Portfolio Associates LLC, CIBC World Markets Inc., Gradient Investments LLC and Stevens Capital Management LP. View Insider Buying and Selling for Westpac Banking Corporation.

How do I buy Westpac Banking Corporation stock?

Shares of Westpac Banking Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Westpac Banking Corporation's stock price today?

One share of Westpac Banking Corporation stock can currently be purchased for approximately $25.36.


MarketBeat Community Rating for Westpac Banking Corporation (NYSE WBK)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  98 (Vote Outperform)
Underperform Votes:  150 (Vote Underperform)
Total Votes:  248
MarketBeat's community ratings are surveys of what our community members think about Westpac Banking Corporation 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.

Analyst Ratings

Consensus Ratings for Westpac Banking Corporation (NYSE:WBK) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: N/A

Analysts' Ratings History for Westpac Banking Corporation (NYSE:WBK)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/20/2017Morgan StanleyUpgradeEqual Weight -> OverweightLowView Rating Details
7/19/2017Citigroup Inc.UpgradeSell -> NeutralLowView Rating Details
7/12/2017Goldman Sachs Group, Inc. (The)UpgradeNeutral -> BuyLowView Rating Details
6/22/2017Credit Suisse GroupUpgradeNeutral -> OutperformMediumView Rating Details
5/9/2017MacquarieDowngradeOutperform -> NeutralLowView Rating Details
8/11/2016J P Morgan Chase & CoDowngradeOverweight -> NeutralN/AView Rating Details
(Data available from 9/23/2015 forward)

Earnings

Earnings History for Westpac Banking Corporation (NYSE:WBK)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Westpac Banking Corporation (NYSE:WBK)
Current Year EPS Consensus Estimate: $1.92 EPS
Next Year EPS Consensus Estimate: $1.93 EPS

Dividends

Current Dividend Information for Westpac Banking Corporation (NYSE:WBK)
Most Recent Dividend:7/14/2017
Annual Dividend:$1.38
Dividend Yield:5.44%
Dividend Growth:-48.70% (3 Year Average)
Payout Ratio:71.88% (Based on This Year's Estimates)
71.50% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Westpac Banking Corporation (NYSE:WBK)

Dividend History by Quarter for Westpac Banking Corporation (NYSE WBK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/9/2017semiannual$0.695.72%5/16/20175/18/20177/14/2017
11/14/2016$0.7111/15/201611/14/20161/3/2017
11/9/2016$0.7111/17/201611/21/20161/2/2017
5/2/2016$0.715/10/20165/12/20167/14/2016
11/9/2015$0.6611/12/201511/16/201512/31/2015
5/5/2015special$0.735.37%5/12/20155/14/20157/13/2015
11/5/2014semiannual$0.805.38%11/6/201411/10/201412/29/2014
5/6/2014special$0.834.8%5/13/20145/15/20147/14/2014
11/5/2013special$0.105.13%11/12/201311/14/201312/30/2013
11/5/2013semiannual$0.845.13%11/12/201311/14/201312/30/2013
5/6/2013special$4.955.09%5/14/20135/16/20137/10/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Westpac Banking Corporation (NYSE:WBK)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Westpac Banking Corporation (NYSE:WBK)
Latest Headlines for Westpac Banking Corporation (NYSE:WBK)
Source:
DateHeadline
americanbankingnews.com logoWestpac Banking Corporation (WBK) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - September 16 at 4:54 PM
finance.yahoo.com logoLiberty Series 2017-1 SME -- Moody's assigns definitive ratings to Liberty's first SME transaction for 2017
finance.yahoo.com - September 1 at 11:03 AM
finance.yahoo.com logoLiberty Series 2017-1 SME -- Moody's assigns definitive ratings to Liberty's first SME transaction for 2017
finance.yahoo.com - September 1 at 11:03 AM
finance.yahoo.com logoMoody's assigns provisional ratings to Liberty's first SME transaction for 2017
finance.yahoo.com - August 28 at 7:39 AM
americanbankingnews.com logoZacks Investment Research Downgrades Westpac Banking Corporation (WBK) to Hold
www.americanbankingnews.com - August 19 at 9:40 PM
americanbankingnews.com logoWestpac Banking Corporation (WBK) Upgraded at Zacks Investment Research
www.americanbankingnews.com - August 19 at 8:30 AM
finance.yahoo.com logoHard to keep a steady narrative on the dollar: Strategist
finance.yahoo.com - August 18 at 8:31 PM
finance.yahoo.com logoWestpac Banking Corporation - Covered Bond Programme -- Moody's assigns definitive rating to Westpac's Series 2017-C5 mortgage covered bonds
finance.yahoo.com - August 10 at 9:35 AM
americanbankingnews.com logoWestpac Banking Corporation (NYSE:WBK) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - July 28 at 4:39 PM
seekingalpha.com logoWestpac Banking And The Prospect Of An Ever Higher Tax Burden - Seeking Alpha
seekingalpha.com - July 27 at 9:24 AM
americanbankingnews.com logoWestpac Banking Corporation (WBK) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - July 22 at 7:12 AM
americanbankingnews.com logoWestpac Banking Corporation (WBK) Upgraded at Morgan Stanley
www.americanbankingnews.com - July 20 at 11:10 AM
americanbankingnews.com logoWestpac Banking Corporation (NYSE:WBK) Stock Rating Upgraded by Citigroup Inc.
www.americanbankingnews.com - July 19 at 1:15 PM
finance.yahoo.com logoSpotlight on Australian banks
finance.yahoo.com - July 19 at 9:19 AM
nasdaq.com logoWestpac Banking Corp Shares Cross Above 200 DMA
www.nasdaq.com - July 14 at 9:54 AM
finance.yahoo.com logoWhy Goldman Sachs Raised This Bank Stock to Buy
finance.yahoo.com - July 14 at 9:54 AM
americanbankingnews.com logoBidaskClub Upgrades Westpac Banking Corporation (NYSE:WBK) to Buy
www.americanbankingnews.com - July 13 at 10:20 PM
americanbankingnews.com logoWestpac Banking Corporation (WBK) Upgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - July 13 at 10:25 AM
americanbankingnews.com logoWestpac Banking Corporation (NYSE:WBK) Raised to "Buy" at ValuEngine
www.americanbankingnews.com - July 8 at 2:20 PM
americanbankingnews.com logoWestpac Banking Corporation (WBK) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - July 3 at 4:58 PM
americanbankingnews.com logoWestpac Banking Corporation (WBK) Stock Rating Upgraded by Credit Suisse Group
www.americanbankingnews.com - June 22 at 11:38 AM
americanbankingnews.com logoAnalyzing Westpac Banking Corporation (WBK) and Lloyds Banking Group PLC (LYG)
www.americanbankingnews.com - June 14 at 12:47 AM
americanbankingnews.com logoBidaskClub Upgrades Westpac Banking Corp (WBK) to "Sell"
www.americanbankingnews.com - June 10 at 3:38 PM
americanbankingnews.com logoContrasting ServisFirst Bancshares (SFBS) & Westpac Banking Corp (WBK)
www.americanbankingnews.com - June 8 at 2:26 PM
americanbankingnews.com logoWestpac Banking Corp (WBK) Stock Rating Lowered by ValuEngine
www.americanbankingnews.com - June 6 at 7:22 PM
americanbankingnews.com logoWestpac Banking Corp (WBK) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - June 6 at 5:06 PM
finance.yahoo.com logoAustralia and New Zealand Banking Grp. Ltd. -- Moody's publishes Australian banking sector monitors
finance.yahoo.com - June 1 at 3:53 AM
americanbankingnews.com logoWestpac Banking Corp (WBK) Upgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - May 30 at 10:14 PM
finance.yahoo.com logo Take It to the Bank: First Australians Create New IDs
finance.yahoo.com - May 25 at 7:31 AM
finance.yahoo.com logoWestpac Banking Corp. : WBK-US: Dividend Analysis : May 18th, 2017 (record date) : By the numbers : May 19, 2017
finance.yahoo.com - May 19 at 1:41 PM
finance.yahoo.com logoWestpac Banking Corporation - Covered Bond Programme -- Moody's assigns definitive ratings to Westpac's Series 2017-C1 and 2017-C2 mortgage covered bonds
finance.yahoo.com - May 18 at 9:54 AM
bloomberg.com logoBest Forecasters See No Reprieve for Dollar as Trump Woes Mount - Bloomberg
www.bloomberg.com - May 17 at 9:42 AM
finance.yahoo.com logoScott Morrison Channels Willy Sutton - Tax The Banks Because That's Where The Money Is
finance.yahoo.com - May 17 at 8:21 AM
nasdaq.com logoRelative Strength Alert For Westpac Banking
www.nasdaq.com - May 16 at 12:45 PM
finance.yahoo.com logoWestpac Banking Corp. :WBK-US: Earnings Analysis: For the six months ended March 31, 2017 : May 10, 2017
finance.yahoo.com - May 11 at 3:23 AM
americanbankingnews.com logoWestpac Banking Corp (WBK) Rating Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - May 10 at 10:02 PM
americanbankingnews.com logoWestpac Banking Corp Declares Dividend of $0.69 (wbk)
www.americanbankingnews.com - May 10 at 3:24 PM
finance.yahoo.com logoI'm not picking a fight with the banks: Australia Treasurer tells CNBC
finance.yahoo.com - May 9 at 8:06 PM
americanbankingnews.com logoWestpac Banking Corp (WBK) Cut to "Neutral" at Macquarie
www.americanbankingnews.com - May 9 at 5:02 PM
finance.yahoo.com logoWestpac reports AU$4.02b in cash profit as customers go digital
finance.yahoo.com - May 8 at 8:07 PM
nasdaq.com logoWestpac Banking H1 Profit Rises
www.nasdaq.com - May 8 at 8:49 AM
finance.yahoo.com logoWestpac Profit Rises on Institutional Bank; Margins Shrink
finance.yahoo.com - May 7 at 10:32 PM
americanbankingnews.com logoWestpac Banking Corp (WBK) Receiving Favorable Media Coverage, AlphaOne Reports
www.americanbankingnews.com - May 2 at 1:12 PM
americanbankingnews.com logoWestpac Banking Corp (WBK) Getting Very Favorable Press Coverage, Report Finds
www.americanbankingnews.com - April 28 at 7:36 AM
americanbankingnews.com logoWestpac Banking Corp (WBK) Getting Somewhat Favorable News Coverage, Study Shows
www.americanbankingnews.com - April 24 at 10:18 AM
americanbankingnews.com logoWestpac Banking Corp (WBK) Earns Daily Media Sentiment Rating of 0.26
www.americanbankingnews.com - April 21 at 2:57 PM
finance.yahoo.com logoWestpac considers itself Australia's oldest startup
finance.yahoo.com - April 7 at 1:26 PM
americanbankingnews.com logoWestpac Banking Corp (WBK) Short Interest Up 26.5% in March
www.americanbankingnews.com - April 4 at 12:25 PM
cnbc.com logoAsia markets open weaker ahead of RBA decision, Nikkei down 0.7%
www.cnbc.com - April 3 at 8:46 PM
finance.yahoo.com logoACCC rejects banks' Apple bargaining bid
au.finance.yahoo.com - March 30 at 8:23 PM

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Chart

Westpac Banking Corporation (WBK) Chart for Saturday, September, 23, 2017

This page was last updated on 9/23/2017 by MarketBeat.com Staff