Stock WBC WESTPAC BANKING CORPORATION
Add to a list
To use this feature you must be a member
Log inSign up

Financials Westpac Banking Corporation

Equities

WBC

AU000000WBC1

Banks

Market Closed - Australian S.E.
Other stock markets
 02:10:45 2024-04-30 am EDT 		5-day change 1st Jan Change
25.96 AUD +0.78% Intraday chart for Westpac Banking Corporation +0.89% +13.36%
Apr. 30 Australian bank Westpac extends moratorium on regional branch closures till 2027 RE
Apr. 24 Westpac Abandons Bid to Sell RAMS Home Loans CI

Valuation

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 103,239 60,722 95,271 72,158 74,103 90,030 - -
Enterprise Value (EV) 1 103,239 60,722 95,271 72,158 74,103 90,030 90,030 90,030
P/E ratio 15.1 x 26.4 x 18.9 x 12.9 x 10.3 x 14.3 x 14.1 x 13.2 x
Yield 5.87% 1.84% 4.54% 6.06% 6.71% 5.54% 5.56% 5.65%
Capitalization / Revenue 5 x 2.94 x 4.53 x 3.8 x 3.42 x 4.19 x 4.1 x 3.99 x
EV / Revenue 5 x 2.94 x 4.53 x 3.8 x 3.42 x 4.19 x 4.1 x 3.99 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.56 x 0.89 x 1.32 x 1.14 x 1.02 x 1.25 x 1.23 x 1.2 x
Nbr of stocks (in thousands) 3,483,095 3,605,822 3,664,269 3,496,051 3,503,681 3,468,026 - -
Reference price 2 29.64 16.84 26.00 20.64 21.15 25.96 25.96 25.96
Announcement Date 11/3/19 11/1/20 10/31/21 11/6/22 11/5/23 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 20,655 20,626 21,038 19,001 21,645 21,499 21,947 22,556
EBITDA - - - - - - - -
EBIT 1 10,624 7,926 7,755 8,210 10,953 10,605 10,790 11,186
Operating Margin 51.44% 38.43% 36.86% 43.21% 50.6% 49.33% 49.16% 49.59%
Earnings before Tax (EBT) 1 9,749 4,266 8,501 8,469 10,305 9,474 9,278 9,909
Net income 1 6,784 2,290 5,458 5,694 7,195 6,553 6,402 6,757
Net margin 32.84% 11.1% 25.94% 29.97% 33.24% 30.48% 29.17% 29.96%
EPS 2 1.965 0.6370 1.378 1.599 2.050 1.814 1.842 1.965
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.740 0.3100 1.180 1.250 1.420 1.439 1.444 1.467
Announcement Date 11/3/19 11/1/20 10/31/21 11/6/22 11/5/23 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: September 2019 S2 2020 S1 2020 S2 2021 S1 2021 S2 2022 Q1 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2 2025 S1 2025 S2 2026 S1
Net sales 1 10,552 10,341 10,285 10,799 10,239 5,056 9,959 9,042 11,003 10,642 10,727 10,802 10,858 11,022 10,907
EBITDA - - - - - - - - - - - - - - -
EBIT 1 5,562 4,181 3,745 4,818 2,937 2,359 4,593 3,617 6,015 4,938 5,329 5,353 5,354 5,399 -
Operating Margin 52.71% 40.43% 36.41% 44.62% 28.68% 46.66% 46.12% 40% 54.67% 46.4% 49.68% 49.56% 49.31% 48.98% -
Earnings before Tax (EBT) 1 5,194 2,185 2,081 5,061 3,440 2,628 4,718 3,751 5,625 4,680 4,785 4,764 4,499 - -
Net income 1 3,611 1,190 1,100 3,443 2,015 1,815 3,280 2,414 4,001 3,194 3,275 3,336 3,147 - -
Net margin 34.22% 11.51% 10.7% 31.88% 19.68% 35.9% 32.94% 26.7% 36.36% 30.01% 30.53% 30.88% 28.98% - -
EPS 1.042 0.3320 0.3050 0.9450 0.5320 - 0.9050 0.6900 1.142 0.9080 0.9180 0.9285 0.9035 0.9000 -
Dividend per Share 0.8000 - 0.3100 0.5800 0.6000 - 0.6100 0.6400 0.7000 0.7200 0.7250 0.7275 0.7500 - -
Announcement Date 11/3/19 5/3/20 11/1/20 5/3/21 10/31/21 2/3/22 5/8/22 11/6/22 5/7/23 11/5/23 - - - - -
1AUD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 10.8% 3.83% 7.7% 8.1% 10.1% 9.17% 9% 9.34%
ROA (Net income/ Total Assets) 0.77% 0.25% 0.59% 0.58% 0.7% 0.62% 0.61% 0.62%
Assets 1 884,600 908,730 923,988 975,000 1,027,857 1,062,673 1,057,660 1,093,252
Book Value Per Share 2 19.00 18.90 19.70 18.10 20.70 20.70 21.10 21.60
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 11/3/19 11/1/20 10/31/21 11/6/22 11/5/23 - - -
1AUD in Million2AUD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Westpac Banking Corporation

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
14
Last Close Price
25.96 AUD
Average target price
23.86 AUD
Spread / Average Target
-8.10%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Banks

1st Jan change Capi.
WESTPAC BANKING CORPORATION Stock Westpac Banking Corporation
+13.36% 58.6B
JPMORGAN CHASE & CO. Stock JPMorgan Chase & Co.
+12.72% 555B
BANK OF AMERICA CORPORATION Stock Bank of America Corporation
+9.92% 295B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED Stock Industrial and Commercial Bank of China Limited
+10.73% 247B
WELLS FARGO & COMPANY Stock Wells Fargo & Company
+20.52% 209B
BANK OF CHINA LIMITED Stock Bank of China Limited
+18.46% 172B
CHINA CONSTRUCTION BANK CORPORATION Stock China Construction Bank Corporation
+9.68% 165B
HSBC HOLDINGS PLC Stock HSBC Holdings plc
+9.46% 156B
ROYAL BANK OF CANADA Stock Royal Bank of Canada
-0.60% 139B
HDFC BANK LIMITED Stock HDFC Bank Limited
-11.07% 139B
Other Banks
  1. Stock Market
  2. Equities
  3. WBC Stock
  4. Financials Westpac Banking Corporation