Westpac Banking Corporation Share Price and Company Fundamentals



Price
$25.63
Change
-0.450 (-1.725%)
52 week
14.53 - 25.87

Last traded: Today at 4:49 AM

Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, and internationally. The company operates through four divisions: Consumer, Business, Westpac Institutional Bank, Westpac New Zealand, Specialist Businesses, and Group Businesses. It offers everyday banking, savings, term deposit, business transaction, foreign currency, and specialized accounts; home, personal, and business loans; credit cards; international and travel services; share trading services; investment; and home, car, travel, life, and business insurance products. The company also provides merchant and payment, corporate and institutional, transaction banking, financial market, corporate and structured finance, trade and supply chain financing, and industry specific banking and treasury services, as well as online banking services. It serves individuals; micro, small, and medium enterprises; commercial business and private wealth clients; 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.

Key Metrics

PE ratio

21.27

PB ratio

1.30

Dividend yield

3.41%

Beta

0.76

Market cap

$93.94B

Enterprise value

$192.55B

Company profile

Primary activitiesBanking, financial and related services.
Industry / SectorBanks—Diversified / Financial Services
Full time employees33607
Websitehttp://www.westpac.com.au
Mailing address275 Kent Street Sydney NSW 2000 Australia
Phone / Fax61 2 9155 7713 / 61 2 8253 4128
Share registryLINK MARKET SERVICES LIMITED

Dividends

More: Westpac Banking Corporation Dividend history, yield and payout ratio

Dividend yield

3.41%

Dividend amount

$0.89

Payout ratio

26.52%

5Y Avg. yield

5.98%

Westpac Banking Corporation paid $0.89 dividend and the ex-dividend date was 13 May 2021.The dividend payout ratio is 26.52%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.WBC dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

WBC's forward dividend amount is $0.89 and the forward dividend yield is 3.42%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of May 2021, following are the company executives and directors listed on Westpac Banking Corporation.

NameTitleAgeTotal Pay
Mr. Peter Francis King F.C.A., BEc, FCACEO, MD & Director502.81M
Mr. Michael Rowland B.Com., F.C.A.Chief Financial Officer581.22M
Mr. Leslie Wilson VanceGroup Exec. of Financial Crime, Compliance & Conduct491M
Ms. Rebecca Lim L.L.B., B Econ, LLB (Hons)Group Gen. Counsel & Enterprise Exec.48871.92k
Ms. Christine ParkerGroup Exec. of HR60999.8k
Mr. Jason Yetton B.Com., BCom, TGMP, GDAppFinChief Exec. of Specialist Bus.es & Group Strategy501.25M
Ms. Carolyn McCann B.A.Group Exec. of Customer & Corp. Relations47941k
Mr. David StephenChief Risk Officer551.89M
Mr. David Alexander McLean L.L.B., LLB (Hons)Chief Exec. Officer of Westpac New Zealand Limited621.09M
Mr. Scott CollaryChief Operating Officer

Profitability and management effectiveness

Profit margin

23.06%

Operating margin

45.08%

Return on assets

0.49%

Return on equity

6.51%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Westpac Banking Corporation is 93.94B and its enterprise value is 192.55B. The enterprise value to revenue ratio of WBC is 9.78.

The WBC's stocks Beta value is 0.76 making it 24% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Westpac Banking Corporation (WBC)

Westpac Banking Corporation (ASX:WBC) Frequently Asked Questions

1. What is Westpac Banking Corporation's Stock Symbol?

Westpac Banking Corporation trades on ASX under the ticker symbol "WBC".

2. What is Westpac Banking Corporation's stock price today?

One share of WBC stock can currently be purchased for approximately $25.63.

3. How can I contact Westpac Banking Corporation?

Westpac Banking Corporation's mailing address is 275 Kent Street Sydney NSW 2000 Australia. The company can be reached via phone at 61 2 9155 7713.

4. What is Westpac Banking Corporation's official website?

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

5. Which share registry manages Westpac Banking Corporation's stock?

Westpac Banking Corporation's stock is managed by LINK MARKET SERVICES LIMITED.