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

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$18.38 +0.25 (+1.38 %)
(As of 12/12/2018 04:00 PM ET)
Previous Close$18.13
Today's Range$18.31 - $18.59
52-Week Range$17.79 - $25.59
Volume328,600 shs
Average Volume322,222 shs
Market Capitalization$62.59 billion
P/E Ratio10.56
Dividend Yield7.48%
Beta1.24
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

Stock Exchange NYSE
Industry Commercial banks, not elsewhere classified
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:WBK
Previous Symbol
CUSIPN/A
Phone212-551-1835

Debt

Debt-to-Equity Ratio2.67
Current Ratio1.26
Quick Ratio1.26

Price-To-Earnings

Trailing P/E Ratio10.56
Forward P/E Ratio10.44
P/E Growth5.48

Sales & Book Value

Annual Sales$28.76 billion
Price / Sales2.17
Cash Flow$2.0445 per share
Price / Cash Flow8.99
Book Value$14.44 per share
Price / Book1.27

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees35,029
Outstanding Shares3,400,000,000
Market Cap$62.59 billion
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 announced a special dividend on Tuesday, November 6th. Investors of record on Tuesday, November 13th will be given a dividend of $0.6766 per share on Monday, December 31st. This represents a yield of 7.09%. The ex-dividend date is Friday, November 9th. 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, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Westpac Banking.

Has Westpac Banking been receiving favorable news coverage?

Press coverage about WBK stock has been trending very positive recently, according to InfoTrie. The research group ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Westpac Banking earned a news sentiment score of 3.6 on InfoTrie's scale. They also gave news headlines about the bank a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near future.

Who are some of Westpac Banking's key competitors?

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 51)
  • Mr. Peter Francis King F.C.A., BEc, FCA, Chief Financial Officer (Age 48)
  • Mr. David Curran B.Com, Chief Information Officer (Age 53)
  • Ms. Rebecca Lim L.L.B., B Econ, LLB (Hons), Group Exec. of Legal & Secretariat (Age 46)
  • Ms. Christine Parker, Group Exec. of HR (Age 58)

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 Renaissance Technologies LLC (0.04%), Aperio Group LLC (0.03%), Dimensional Fund Advisors LP (0.01%), Glenmede Trust Co. NA (0.01%), Wells Fargo & Company MN (0.01%) and Crossmark Global Holdings Inc. (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 Aperio Group LLC, Wetherby Asset Management Inc., World Asset Management Inc, US Bancorp DE, Oxbow Advisors LLC, Signaturefd LLC, Dimensional Fund Advisors LP and Commonwealth Equity Services LLC.

Which major investors are buying Westpac Banking stock?

WBK stock was bought by a variety of institutional investors in the last quarter, including Moody National Bank Trust Division, Renaissance Technologies LLC, Crossmark Global Holdings Inc., HL Financial Services LLC, Wells Fargo & Company MN, Bollard Group LLC, Cornerstone Wealth Management LLC and Virtu Financial LLC.

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 $18.38.

How big of a company is Westpac Banking?

Westpac Banking has a market capitalization of $62.59 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:  257 (Vote Outperform)
Underperform Votes:  291 (Vote Underperform)
Total Votes:  548
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 12/12/2018 by MarketBeat.com Staff

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