$30.44

0.66 (2.22%)

2 May 2016
Buy
below
Hold
up to
Sell
above
Buy Hold Sell Meter
Locked Recommendation

Analysis

Overview

Current recommendation Preview
12 month range
Maximum portfolio weighting
Business risk Low-Medium
Share price risk Medium

General Information

Westpac Banking Corporation
WBC
http://www.westpac.com.au
Diversified Banks
99,339
3,336

Current Price Data+

Current Price $30.440
Open $30.340
High $30.730
Low $30.330
Last Close $29.780
Volume 7593037
Price Movement $0.66 ( 2.22% )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Stock Price

Current Broker Consensus Recommendation

Buy
23 May 2016
4

CompanyOverview

Business Description

Westpac Banking Corporation (WBC) is Australia's oldest banking and financial services group, with branches and operations throughout Australia, New Zealand and the near Pacific region as well as offices in key financial centres around the world including London, New York, Hong Kong and Singapore. The Group is organised in the following 5 Key Divisions: Consumer Bank, Commercial and Business Bank, BT Financial Group, Westpac Institutional Bank and Westpac New Zealand. Its serves nearly 13 million customers.

Financial Summary

Year to Sep NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2017 F 8,810.7 257.5 5.3% 11.6 193.0 6.5% 100.0%
2016 F 8,123.2 244.5 -2.0% 12.2 188.0 6.3% 100.0%
2015 A 7,820.0 249.5 1.7% 13.5 187.0 5.6% 100.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2015 A 2016 F 2017 F 2015 A 2016 F 2017 F 2015 A 2016 F 2017 F
ANZ Bank (ANZ) $72,793M 0.0225 -0.1831 0.0957 9.2972 11.3818 10.3880 7.25% 6.45% 6.44%
Commonwealth Bank (CBA) $133,712M 0.0113 0.0322 0.0566 14.6253 14.1689 13.4099 5.36% 5.39% 5.49%
CYBG Plc (CYB) $3,338M 0.0000 0.0000 0.2328 0.0000 17.0661 13.8439 0.00% 0.00% 1.21%
National Aust. Bank (NAB) $71,791M 0.0615 0.1259 -0.0038 12.1432 10.7852 10.8266 7.30% 7.30% 7.29%
Westpac (WBC) $99,740M 0.0362 -0.0435 0.0620 11.8618 12.4010 11.6774 6.18% 6.30% 6.45%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.62 12.20 1.81 0.00
Market 0.97 16.20 1.29 1.61
Sector 0.62 12.00 1.22 2.88

Directors

Name Position Start Date
Mr Brian Hartzer Chief Executive Officer, Managing Director 2 Feb 2015
Mr Lindsay Philip Maxsted Non-Executive Chairman 1 Mar 2008
Ms Elizabeth Bloomfield Bryan Non-Executive Director 6 Nov 2006
Mr Craig Dunn Non-Executive Director 1 Jun 2015
Ms Catriona Alison Deans Non-Executive Director 1 Apr 2014
Mr Robert George Elstone Non-Executive Director 1 Feb 2012
Mr Peter John Oswin Hawkins Non-Executive Director 1 Dec 2008
Mr Peter Ralph Marriott Non-Executive Director 1 Jun 2013
Mr Ewen Graham Wolseley Crouch Non-Executive Director 1 Feb 2013

Management

Name Position
Brad Cooper Chief Executive Officer, BT Financial Group
David McLean Chief Executive Officer, Westpac New Zealand Limited
David Lindberg Chief Executive, Commercial & Business Bank
George Frazis Chief Executive, Consumer Bank
Lyn Cobley Chief Executive, Westpac Institutional Bank
Peter King Chief Financial Officer
David Curran Chief Information Officer
John Arthur Chief Operating Officer
Alexandra Holcomb Chief Risk Officer
John Lindsay Arthur Company Secretary
Timothy (Tim) Hartin Company Secretary
Philip Mathew Coffey Deputy Chief Executive Officer
Philip Coffey Deputy Chief Executive Officer
Christine Parker Group Executive, Human Resources & Corporate Affairs
Rob Whitfield Group Executive, Westpac Institutional Bank
Jason Yetton Group Executive, Westpac Retail & Business Banking

Calendar of Events

Date Event
04 May 2017 Report (Interim)
01 May 2017 Report (Interim)
09 November 2016 Report (Annual)
31 October 2016 Report (Prelim)
12 October 2016 Report (Prelim)
04 July 2016 Div Pay Date
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