NYSE:WBK - Westpac Stock Price, Price Target & More

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$21.52 -0.30 (-1.37 %)
(As of 05/21/2018 01:21 AM ET)
Previous Close$21.52
Today's Range$21.50 - $21.62
52-Week Range$21.13 - $26.38
Volume155,927 shs
Average Volume263,933 shs
Market Capitalization$72.01 billion
P/E Ratio12.30
Dividend Yield6.52%
Beta1.27

About Westpac (NYSE:WBK)

Westpac logoWestpac 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, community solutions one, not-for-profit savings, and foreign currency accounts; term, tailor-made, and farm management deposits; debit, credit, and travel money cards; home, personal, investment, small business, and commercial loans; and equipment, automotive, cash flow, property, and insurance premium 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; installment 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; and corporate and structured finance, as well as trade and supply chain finance. 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
SymbolNYSE:WBK
CUSIPN/A
Phone61-2-9374-7113

Debt

Debt-to-Equity Ratio2.78
Current Ratio1.25
Quick Ratio1.26

Price-To-Earnings

Trailing P/E Ratio12.30
Forward P/E Ratio11.39
P/E Growth3.73

Sales & Book Value

Annual Sales$28.58 billion
Price / Sales2.52
Cash Flow$2.1077 per share
Price / Cash10.21
Book Value$14.72 per share
Price / Book1.46

Profitability

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

Miscellaneous

Employees35,096
Outstanding Shares3,346,170,000

Westpac (NYSE:WBK) Frequently Asked Questions

What is Westpac's stock symbol?

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

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

Westpac announced a Semi-Annual dividend on Monday, May 7th. Investors of record on Thursday, May 17th will be paid a dividend of $0.702 per share on Monday, July 16th. The ex-dividend date is Wednesday, May 16th. View Westpac's Dividend History.

Who are some of Westpac's key competitors?

Who are Westpac's key executives?

Westpac'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 Compliance, Legal & Secretariat and Company Sec. (Age 46)
  • Ms. Christine Parker, Group Exec. of HR, Corp. Affairs & Sustainability (Age 58)

Has Westpac been receiving favorable news coverage?

Media coverage about WBK stock has been trending somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Westpac earned a media sentiment score of 0.03 on Accern's scale. They also gave media stories about the bank an impact score of 47.11 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Who are Westpac's major shareholders?

Westpac's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Northern Trust Corp (0.09%), Aperio Group LLC (0.04%), Royal Bank of Canada (0.04%), Dimensional Fund Advisors LP (0.01%), UBS Group AG (0.01%) and Oxbow Advisors LLC (0.01%). View Institutional Ownership Trends for Westpac.

Which institutional investors are selling Westpac stock?

WBK stock was sold by a variety of institutional investors in the last quarter, including Northern Trust Corp, Mawer Investment Management Ltd., Dimensional Fund Advisors LP, Natixis Advisors L.P., Profund Advisors LLC, Greenleaf Trust and Assetmark Inc.. View Insider Buying and Selling for Westpac.

Which institutional investors are buying Westpac stock?

WBK stock was acquired by a variety of institutional investors in the last quarter, including Aperio Group LLC, Wells Fargo & Company MN, Royal Bank of Canada, Bollard Group LLC, Millennium Management LLC, UBS Group AG, Cubist Systematic Strategies LLC and Susquehanna Fundamental Investments LLC. View Insider Buying and Selling for Westpac.

How do I buy shares of Westpac?

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's stock price today?

One share of WBK stock can currently be purchased for approximately $21.52.

How big of a company is Westpac?

Westpac has a market capitalization of $72.01 billion and generates $28.58 billion in revenue each year. The bank earns $6.09 billion in net income (profit) each year or $1.75 on an earnings per share basis. Westpac employs 35,096 workers across the globe.

How can I contact Westpac?

Westpac's mailing address is LEVEL 20 275 KENT STREET, SYDNEY C3, 10017-2422. The bank can be reached via phone at 61-2-9374-7113 or via email at [email protected]


MarketBeat Community Rating for Westpac (WBK)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  191 (Vote Outperform)
Underperform Votes:  228 (Vote Underperform)
Total Votes:  419
MarketBeat's community ratings are surveys of what our community members think about Westpac 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.

Analyst Ratings

Westpac (NYSE:WBK) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
8 Wall Street analysts have issued ratings and price targets for Westpac in the last 12 months. There are currently 2 sell ratings, 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.132.252.432.33
Ratings Breakdown: 2 Sell Rating(s)
3 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
4 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
4 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
4 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: N/AN/AN/AN/A
Price Target Upside: N/AN/AN/AN/A

Westpac (NYSE:WBK) Consensus Price Target History

Price Target History for Westpac (NYSE:WBK)

Westpac (NYSE:WBK) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/26/2018UBSDowngradeNeutral ➝ SellLowView Rating Details
3/7/2018Bank of AmericaDowngradeBuy ➝ UnderperformMediumView Rating Details
2/16/2018Morgan StanleyDowngradeOverweight ➝ Equal WeightMediumView Rating Details
1/30/2018JPMorgan ChaseUpgradeNeutral ➝ OverweightLowView Rating Details
1/17/2018MacquarieUpgradeNeutral ➝ OutperformLowView Rating Details
11/6/2017Credit Suisse GroupDowngradeOutperform ➝ NeutralN/AView Rating Details
7/19/2017CitigroupUpgradeSell ➝ NeutralLowView Rating Details
7/12/2017Goldman SachsUpgradeNeutral ➝ BuyLowView Rating Details
(Data available from 5/21/2016 forward)

Earnings

Westpac (NYSE:WBK) Earnings History and Estimates Chart

Earnings by Quarter for Westpac (NYSE:WBK)

Westpac (NYSE:WBK) Earnings Estimates

Current Year EPS Consensus Estimate: $1.89 EPS
Next Year EPS Consensus Estimate: $1.9 EPS

Westpac (NYSE WBK) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/2012Q2 2012$1.00ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Westpac (NYSE:WBK) Dividend Information

Westpac pays an annual dividend of $1.40 per share, with a dividend yield of 6.51%. WBK's next semi-annual dividend payment will be made on Monday, July 16. Westpac pays out 80.00% of its earnings out as a dividend.
Next Dividend:7/16/2018
Annual Dividend:$1.40
Dividend Yield:6.51%
Dividend Growth:-4.50% (3 Year Average)
Payout Ratio(s):80.00% (Trailing 12 Months of Earnings)
74.07% (Based on This Year's Estimates)
73.68% (Based on Next Year's Estimates)
66.42% (Based on Cash Flow)
Dividend Payments by Quarter for Westpac (NYSE:WBK)

Westpac (NYSE:WBK) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/7/2018Semi-Annual$0.70205/16/20185/17/20187/16/2018
11/6/2017None$0.71705.82%11/10/201711/13/20171/2/2018
5/9/2017semiannual$0.68905.72%5/16/20175/18/20177/14/2017
11/14/2016$0.712011/15/201611/14/20161/3/2017
11/9/2016$0.712011/17/201611/21/20161/2/2017
5/2/2016$0.715/10/20165/12/20167/14/2016
11/9/2015$0.658011/12/201511/16/201512/31/2015
5/5/2015special$0.72875.37%5/12/20155/14/20157/13/2015
11/5/2014semiannual$0.80315.38%11/6/201411/10/201412/29/2014
5/6/2014special$0.83484.8%5/13/20145/15/20147/14/2014
11/5/2013special$0.09505.13%11/12/201311/14/201312/30/2013
11/5/2013semiannual$0.83645.13%11/12/201311/14/201312/30/2013
5/6/2013special$4.95075.09%5/14/20135/16/20137/10/2013
(Data available from 1/1/2013 forward)

Insider Trades

Westpac (NYSE WBK) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 0.60%
Insider Trading History for Westpac (NYSE:WBK)
Institutional Ownership by Quarter for Westpac (NYSE:WBK)

Westpac (NYSE WBK) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
(Data available from 1/1/2013 forward)

Headlines

Westpac (NYSE WBK) News Headlines

Source:
DateHeadline
Financial Contrast: Bank of Montreal (BMO) vs. Westpac (WBK)Financial Contrast: Bank of Montreal (BMO) vs. Westpac (WBK)
www.americanbankingnews.com - May 20 at 3:22 PM
Australias Westpac bank names new group executiveAustralia's Westpac bank names new group executive
www.reuters.com - May 18 at 9:05 AM
Australias Westpac hires complaints head amid damaging inquiryAustralia's Westpac hires complaints head amid damaging inquiry
finance.yahoo.com - May 18 at 9:05 AM
Westpac (WBK) versus Dnb Asa (DNHBY) Financial ReviewWestpac (WBK) versus Dnb Asa (DNHBY) Financial Review
www.americanbankingnews.com - May 16 at 5:08 PM
Form 6-K WESTPAC BANKING CORP For: May 15Form 6-K WESTPAC BANKING CORP For: May 15
www.streetinsider.com - May 15 at 5:34 PM
Should you buy Westpac Banking Corp (ASX:WBC) shares for its huge dividend?Should you buy Westpac Banking Corp (ASX:WBC) shares for its huge dividend?
www.fool.com.au - May 15 at 8:51 AM
Westpac (WBK) Declares $0.70 Semi-Annual DividendWestpac (WBK) Declares $0.70 Semi-Annual Dividend
www.americanbankingnews.com - May 11 at 9:45 AM
Westpac (WBK) Stock Rating Lowered by Zacks Investment ResearchWestpac (WBK) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - May 10 at 3:06 PM
Form 424B5 WESTPAC BANKING CORPForm 424B5 WESTPAC BANKING CORP
www.streetinsider.com - May 8 at 8:34 AM
Westpac H1 earnings beat expectations despite royal commissionWestpac H1 earnings beat expectations despite royal commission
www.ft.com - May 8 at 8:34 AM
Westpac Banking Corporation 2018 Q2 - Results - Earnings Call SlidesWestpac Banking Corporation 2018 Q2 - Results - Earnings Call Slides
seekingalpha.com - May 7 at 5:23 PM
Westpacs Safe House Has Shifting FoundationsWestpac's Safe House Has Shifting Foundations
www.bloomberg.com - May 7 at 8:35 AM
Westpac’s Safe House Has Shifting FoundationsWestpac’s Safe House Has Shifting Foundations
finance.yahoo.com - May 7 at 8:35 AM
Edited Transcript of WBC.AX earnings conference call or presentation 7-May-18 12:00am GMTEdited Transcript of WBC.AX earnings conference call or presentation 7-May-18 12:00am GMT
finance.yahoo.com - May 7 at 8:35 AM
BRIEF-Westpac Banking Corp Says H1 Cash Earnings Rose 6 PctBRIEF-Westpac Banking Corp Says H1 Cash Earnings Rose 6 Pct
www.reuters.com - May 6 at 7:20 PM
Westpac Banking Corp shares hit by UBS downgradeWestpac Banking Corp shares hit by UBS downgrade
www.fool.com.au - April 30 at 8:41 AM
Westpac (WBK) Receives Average Rating of "Hold" from AnalystsWestpac (WBK) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - April 29 at 1:36 PM
Westpac Banking Enters Oversold TerritoryWestpac Banking Enters Oversold Territory
www.nasdaq.com - April 26 at 5:05 PM
Westpac (WBK) Downgraded by UBS to SellWestpac (WBK) Downgraded by UBS to Sell
www.americanbankingnews.com - April 26 at 12:35 PM
BRIEF-Westpac Updates On Performance Of Mortgage PortfolioBRIEF-Westpac Updates On Performance Of Mortgage Portfolio
www.reuters.com - April 26 at 8:31 AM
Westpac Banking: Back In The Strike ZoneWestpac Banking: Back In The Strike Zone
seekingalpha.com - April 21 at 8:34 AM
Lost home, fees for the dead - Australia banking inquiry hears testimonyLost home, fees for the dead - Australia banking inquiry hears testimony
finance.yahoo.com - April 19 at 8:34 AM
Goldman Sachs Upgrades Westpac (WBK) to BuyGoldman Sachs Upgrades Westpac (WBK) to Buy
www.americanbankingnews.com - April 18 at 9:10 PM
Should you buy Westpac Banking Corp shares?Should you buy Westpac Banking Corp shares?
www.fool.com.au - April 5 at 5:04 PM
Westpac (WBK) Given Average Rating of "Hold" by AnalystsWestpac (WBK) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - April 4 at 1:47 PM
ValuEngine Downgrades Westpac (WBK) to HoldValuEngine Downgrades Westpac (WBK) to Hold
www.americanbankingnews.com - April 2 at 10:22 PM
Westpac (WBK) Downgraded by Zacks Investment Research to "Sell"Westpac (WBK) Downgraded by Zacks Investment Research to "Sell"
www.americanbankingnews.com - March 31 at 6:34 PM
Have Investors Priced In Westpac Banking Corporation’s (ASX:WBC) Growth?Have Investors Priced In Westpac Banking Corporation’s (ASX:WBC) Growth?
finance.yahoo.com - March 28 at 8:48 AM
Westpac (WBK) Upgraded to Overweight by JPMorgan Chase & Co.Westpac (WBK) Upgraded to Overweight by JPMorgan Chase & Co.
www.americanbankingnews.com - March 26 at 3:14 PM
MOVES- Westpac Banking, Citigroup, StanChartMOVES- Westpac Banking, Citigroup, StanChart
finance.yahoo.com - March 21 at 5:23 PM
Westpac (WBK) Downgraded to Sell at Zacks Investment ResearchWestpac (WBK) Downgraded to Sell at Zacks Investment Research
www.americanbankingnews.com - March 21 at 4:00 PM
Australian inquiry turns up heat on Westpacs car-finance unitAustralian inquiry turns up heat on Westpac's car-finance unit
finance.yahoo.com - March 21 at 9:21 AM
Australian banking inquiry hears Westpac mis-sold auto-financeAustralian banking inquiry hears Westpac mis-sold auto-finance
finance.yahoo.com - March 21 at 9:21 AM
Australian inquiry hears CBA knew risks but put mortgage volume ahead of customersAustralian inquiry hears CBA knew risks but put mortgage 'volume' ahead of customers
finance.yahoo.com - March 15 at 8:35 AM
Australian probe of bank-sector misconduct begins with focus on home loansAustralian probe of bank-sector misconduct begins with focus on home loans
finance.yahoo.com - March 13 at 8:47 AM
NAB under fire as Australian banking inquiry opensNAB under fire as Australian banking inquiry opens
finance.yahoo.com - March 13 at 8:47 AM
Westpac Banking (WBK) Lowered to Underperform at Bank of AmericaWestpac Banking (WBK) Lowered to Underperform at Bank of America
www.americanbankingnews.com - March 11 at 1:49 PM
Westpac Banking Corp (WBK) Receives Average Rating of "Hold" from AnalystsWestpac Banking Corp (WBK) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - March 10 at 1:53 PM
Westpac Banking Corp (WBK) Position Increased by Assetmark Inc.Westpac Banking Corp (WBK) Position Increased by Assetmark Inc.
www.americanbankingnews.com - March 5 at 4:42 AM
Martin Capital Partners LLC Invests $2.68 Million in Westpac Banking Corp (WBK)Martin Capital Partners LLC Invests $2.68 Million in Westpac Banking Corp (WBK)
www.americanbankingnews.com - February 28 at 3:12 PM
RBNZ leans towards ramped up capital reporting requirements for banks - deputy governorRBNZ leans towards ramped up capital reporting requirements for banks - deputy governor
finance.yahoo.com - February 27 at 5:42 PM
Australias CBA disputes regulators new rate-manipulation allegationsAustralia's CBA disputes regulator's new rate-manipulation allegations
finance.yahoo.com - February 26 at 8:35 AM
Morgan Stanley Downgrades Westpac Banking (WBK) to Equal WeightMorgan Stanley Downgrades Westpac Banking (WBK) to Equal Weight
www.americanbankingnews.com - February 16 at 11:00 PM
Westpac Banking Corporation (ASX:WBC) Delivered A Better ROE Than The Industry, Here’s WhyWestpac Banking Corporation (ASX:WBC) Delivered A Better ROE Than The Industry, Here’s Why
finance.yahoo.com - February 16 at 5:07 PM
With An ROE Of 13.04%, Has Westpac Banking Corporation’s (ASX:WBCPC) Management Done A Good Job?With An ROE Of 13.04%, Has Westpac Banking Corporation’s (ASX:WBCPC) Management Done A Good Job?
finance.yahoo.com - February 16 at 8:32 AM
Australia banks tighten mortgage checks amid government inquiry, face revenue strainAustralia banks tighten mortgage checks amid government inquiry, face revenue strain
finance.yahoo.com - February 16 at 8:32 AM
Westpac Banking Corp (WBK) Receives Average Rating of "Buy" from BrokeragesWestpac Banking Corp (WBK) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - February 13 at 1:44 PM
Giving Up On Westpac BankingGiving Up On Westpac Banking
seekingalpha.com - February 10 at 9:36 AM
Want To Invest In Westpac Banking Corporation (ASX:WBCPC)? Here’s How It Performed LatelyWant To Invest In Westpac Banking Corporation (ASX:WBCPC)? Here’s How It Performed Lately
finance.yahoo.com - February 9 at 9:43 AM
ASX Stocks Of The DayASX Stocks Of The Day
finance.yahoo.com - February 8 at 8:22 AM

SEC Filings

Westpac (NYSE:WBK) SEC Filings

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Social Media

Financials

Westpac (NYSE:WBK) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Westpac (NYSE WBK) Stock Chart for Monday, May, 21, 2018

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This page was last updated on 5/21/2018 by MarketBeat.com Staff

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