$24.31

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WBC General Information

Westpac Banking Corporation
WBC
http://www.westpac.com.au
Diversified Banks
83,500
3,435

WBC Current Share Price+

Current Price $24.310
Open $24.440
High $24.500
Low $24.220
Last Close $24.310
Volume 7936990
Price Movement - ( No change )
  • +Security prices are delayed by at least 20 minutes and are indicative only.

WBC Research

WBC Recommendation

Current recommendation UNLOCK
12 month range UNLOCK
Maximum portfolio weighting UNLOCK
Business risk UNLOCK
Share price risk UNLOCK

WBC Company Overview

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.

WBC Financial Summary

Year to Sep NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 8,600.12 246.14 2.10% 9.88 191.00 7.86% 100.0%
2019 F 8,324.24 241.00 2.00% 10.09 190.00 7.82% 100.0%
2018 A 8,065.00 236.23 -1.40% 12.73 188.00 6.25% 100.0%

WBC Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
ANZ Bank (ANZ) $70,004M 0.3455 -0.1113 0.0671 9.2881 10.4517 9.7942 6.55% 6.61% 6.89%
Commonwealth Bank (CBA) $122,607M 0.0218 -0.0332 0.0613 12.1810 12.5994 11.8714 6.22% 6.24% 6.29%
CYBG Plc (CYB) $4,231M 0.4434 -0.2706 0.0403 5.1952 7.1231 6.8471 0.00% 3.60% 5.65%
National Aust. Bank (NAB) $64,391M -0.0292 -0.0159 0.0561 10.1373 10.3009 9.7540 8.41% 8.40% 8.40%
Westpac (WBC) $84,668M -0.0045 0.0274 0.0234 10.6131 10.3302 10.0938 7.63% 7.84% 8.11%

WBC Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.74 10.41 1.29 4.10
Market 0.90 15.60 1.41 1.57
Sector 0.82 10.85 1.23 2.48

WBC Directors

Name Position Start Date
Mr Brian Hartzer Chief Executive Officer, Managing Director 2 Feb 2015
Mr Craig W Dunn Non-Executive Director 1 Jun 2015
Ms Catriona Alison Deans Non-Executive Director 1 Apr 2014
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
Ms Nerida Frances Caesar Non-Executive Director 1 Sep 2017
Mr Peter Stanley Nash Non-Executive Director 7 Mar 2018
Ms Yuen Mei (Anita) Fung Non-Executive Director 1 Oct 2018
Mr Lindsay Philip Maxsted Non-Executive Director, Non-Executive Chairman 1 Mar 2008

WBC Management

Name Position
Peter King Acting Chief Financial Officer
Brad Cooper Chief Executive Officer, BT Financial Group
David McLean Chief Executive Officer, Westpac New Zealand Limited
David Lindberg Chief Executive, Business Bank
George Frazis Chief Executive, Consumer Bank
Lyn Cobley Chief Executive, Westpac Institutional Bank
Dave Curran Chief Information Officer
Timothy (Tim) Hartin Company Secretary
Rebecca Lim Company Secretary
David Lees Deputy Chief Financial Officer
Rebecca Lim Group Executive, Compliance, Legal & Secretariat
Carolyn McCann Group Executive, Customer & Corporate Relations
Christine Parker Group Executive, Human Resources
Gary Thursby Group Executive, Strategy & Enterprise Services

WBC Substantial Shareholders

Holding Name
171,757,716 (5%) The Vanguard Group,Inc

WBC Calendar of Events

Date Event
21 November 2019 Report (Annual)
07 November 2019 Report (Annual)
06 November 2019 Report (Annual)
04 November 2019 Report (Prelim)
08 May 2019 Report (Interim)
06 May 2019 Report (Interim)
20 December 2018 Div Pay Date

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