NYSE:WBK - Westpac Banking Stock Price, News, & Analysis

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$19.70 +0.15 (+0.77 %)
(As of 05/22/2019 04:00 PM ET)
Previous Close$19.55
Today's Range$19.65 - $19.81
52-Week Range$16.41 - $22.35
Volume372,328 shs
Average Volume304,593 shs
Market Capitalization$67.67 billion
P/E Ratio11.32
Dividend Yield6.70%
Beta1.07
Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, Asia, the Pacific region, and internationally. It operates through five divisions: Consumer Bank, Business Bank, BT Financial Group, Westpac Institutional Bank, and Westpac New Zealand. It offers everyday banking, savings, term deposit, moving to Australia, under 21 and student, business one, community solutions one, not-for-profit savings, and foreign currency accounts; term and farm management deposits; debit, credit, and travel money cards; home, personal, investment, small business, and commercial loans; and equipment, automotive, cash flow, property, insurance premium, corporate and structured finance, and trade and supply chain financing services. It also provides home and content, landlord, car, travel, boat, caravan and trailer, life, credit card and loan repayment, income protection, business, farm pack, person income, and business overheads insurance products; superannuation and retirement products; investment portfolios; instalment warrants; and trading, financial advisory, wealth, foreign currency exchange, international payment, cash flow management, international trade, and import and export services. In addition, it offers industry specific banking and treasury services; other services, such as emergency cash, online and telephone banking, ATMs, unclaimed money, travel center, margin lending, and banking services to migrants moving to Australia; and mobile wallets. Further, it provides capital advisory and fund management, transactional and private banking, and financial market services. It serves individuals; micro, small, and medium enterprises; and commercial, corporate, institutional, and government customers. The company was formerly known as Bank of New South Wales and changed its name to Westpac Banking Corporation in October 1982. The company was founded in 1817 and is headquartered in Sydney, Australia.

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Industry, Sector and Symbol

Industry Commercial banks, not elsewhere classified
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone212-551-1835

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$28.76 billion
Cash Flow$2.3014 per share
Book Value$13.26 per share

Profitability

Miscellaneous

Employees35,029
Outstanding Shares3,434,796,000
Market Cap$67.67 billion
Next Earnings DateN/A
OptionableNot Optionable

Westpac Banking (NYSE:WBK) Frequently Asked Questions

What is Westpac Banking's stock symbol?

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

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

Westpac Banking declared a semiannual dividend on Tuesday, May 7th. Stockholders of record on Thursday, May 16th will be given a dividend of $0.6581 per share on Friday, July 5th. This represents a dividend yield of 7%. The ex-dividend date is Wednesday, May 15th. View Westpac Banking's Dividend History.

What is the consensus analysts' recommendation for Westpac Banking?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Westpac Banking in the last year. There are currently 3 sell ratings, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Westpac Banking.

Has Westpac Banking been receiving favorable news coverage?

News articles about WBK stock have been trending negative this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Westpac Banking earned a news impact score of -2.0 on InfoTrie's scale. They also gave news articles about the bank a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future.

Who are some of Westpac Banking's key competitors?

What other stocks do shareholders of Westpac Banking own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Westpac Banking investors own include Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC), First Data (FDC), Apollo Global Management (APO), Ciena (CIEN) and tronc (TRNC).

Who are Westpac Banking's key executives?

Westpac Banking's management team includes the folowing people:
  • Mr. Brian Charles Hartzer B.A., C.F.A., MD, CEO & Director (Age 52)
  • Mr. Peter Francis King F.C.A., BEc, FCA, Chief Financial Officer (Age 49)
  • Mr. Gary Thursby F.C.A., BEc, DipAcc, FCA, Chief Operating Officer (Age 57)
  • Ms. Christine Parker, Group Exec. of HR (Age 59)
  • Mr. George Frazis M.B.A., Exec. Officer (Age 55)

Who are Westpac Banking's major shareholders?

Westpac Banking's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Northern Trust Corp (0.09%), Parametric Portfolio Associates LLC (0.07%), Renaissance Technologies LLC (0.05%), Goldman Sachs Group Inc. (0.04%), Raymond James & Associates (0.02%) and Dimensional Fund Advisors LP (0.01%).

Which major investors are selling Westpac Banking stock?

WBK stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Raymond James & Associates, Wells Fargo & Company MN, Gradient Investments LLC, Jane Street Group LLC, Mawer Investment Management Ltd., Comerica Bank and Morgan Stanley.

Which major investors are buying Westpac Banking stock?

WBK stock was acquired by a variety of institutional investors in the last quarter, including Parametric Portfolio Associates LLC, Renaissance Technologies LLC, Wealth Advisors of Tampa Bay LLC, Northern Trust Corp, North Star Investment Management Corp., Martin Capital Partners LLC, Pennsylvania Trust Co and Pennsylvania Trust Co.

How do I buy shares of Westpac Banking?

Shares of WBK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Westpac Banking's stock price today?

One share of WBK stock can currently be purchased for approximately $19.70.

How big of a company is Westpac Banking?

Westpac Banking has a market capitalization of $67.67 billion and generates $28.76 billion in revenue each year. The bank earns $6.16 billion in net income (profit) each year or $1.74 on an earnings per share basis. Westpac Banking employs 35,029 workers across the globe.

What is Westpac Banking's official website?

The official website for Westpac Banking is http://www.westpac.com.au/.

How can I contact Westpac Banking?

Westpac Banking's mailing address is LEVEL 18 275 KENT STREET, SYDNEY C3, 10017-2422. The bank can be reached via phone at 212-551-1835 or via email at [email protected]


MarketBeat Community Rating for Westpac Banking (NYSE WBK)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  276 (Vote Outperform)
Underperform Votes:  321 (Vote Underperform)
Total Votes:  597
MarketBeat's community ratings are surveys of what our community members think about Westpac Banking and other stocks. Vote "Outperform" if you believe WBK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WBK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/22/2019 by MarketBeat.com Staff

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