Westpac Banking (WEBNF) Stock Price, News & Analysis

Company Overview

Westpac Banking (OTCMKTS:WEBNF) represents Westpac Banking Corporation, one of Australia’s oldest and largest financial institutions. Founded in 1817 as the Bank of New South Wales and rebranded as Westpac in 1982 following a merger with the Commercial Bank of Australia, the company has played a central role in the development of Australia’s banking sector. Headquartered in Sydney, Westpac is recognized as one of the “Big Four” banks in Australia and has maintained a prominent market position for over two centuries.

Westpac offers a comprehensive range of banking and financial services across personal, business, and institutional segments. Its retail division provides deposit accounts, home and personal loans, credit cards, and everyday banking facilities. The bank’s commercial and business banking arm caters to small and medium enterprises with tailored lending, transaction services, cashflow management, and merchant solutions. In the institutional arena, Westpac delivers corporate finance, foreign exchange, commodity hedging, debt capital markets, and transaction banking services to large corporates, government entities, and financial institutions.

While Australia remains its core market, Westpac has a significant presence in New Zealand through its subsidiary, Westpac New Zealand, and maintains representative offices in Asia, Europe, and the United States to support its institutional and trade finance businesses. The bank also extends banking services into the Pacific region, focusing on financial inclusion and infrastructure projects in emerging markets.

Leadership at Westpac is anchored by Chief Executive Officer Peter King, who assumed the role in early 2020. Under his tenure, the bank has emphasized strengthening risk and compliance frameworks, enhancing digital capabilities, and renewing its customer service focus. Westpac continues to evolve its product offerings and invest in technology to support its mission of delivering sustainable growth for shareholders and long-term value for customers.

Key Stats

• Today's Range: C$24.06 to C$25.82
• 50-Day Range: C$22.00 to C$26.00
• 52-Week Range: C$16.30 to C$26.00
• Volume: 1,388 shs
• Average Volume: 2,511 shs
• Market Capitalization: N/A
• P/E Ratio: 10.82
• Dividend Yield: 6.89%
• Price Target: N/A
• Consensus Rating: Hold

Westpac Banking Stock Analysis - MarketRank™

Westpac Banking scored higher than 15% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Westpac Banking.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Westpac Banking is 10.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 43.24.

Price to Earnings Ratio vs. Sector

The P/E ratio of Westpac Banking is 10.82, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 70.25.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Westpac Banking has a short interest ratio ("days to cover") of 3263.5, which indicates bearish sentiment.

Change versus previous month

Short interest in Westpac Banking has recently decreased by 8.88%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Westpac Banking is a leading dividend payer. It pays a dividend yield of 6.28%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Westpac Banking does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Westpac Banking is 74.57%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Westpac Banking has a short interest ratio ("days to cover") of 3263.5, which indicates bearish sentiment.

Change versus previous month

Short interest in Westpac Banking has recently decreased by 8.88%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

News Sentiment

Westpac Banking has a news sentiment score of -1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Financial Services companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Westpac Banking this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Westpac Banking insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 13.90% of the stock of Westpac Banking is held by institutions.

WEBNF Stock Analysis - Frequently Asked Questions

How have WEBNF shares performed this year?

Westpac Banking's stock was trading at C$18.60 at the beginning of the year. Since then, WEBNF shares have increased by 38.8% and is now trading at C$25.82.

How do I buy shares of Westpac Banking?

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

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Financial Services
• Industry: Banks - Diversified
• Sub-Industry: Banking
• Current Symbol: OTCMKTS:WEBNF
• CIK: 719245
• Web: www.westpac.com.au
• Phone: (129) 155-7713
• Fax: N/A
• Employees: 34,600
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 10.82
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A