Westpac Banking Corp WBC
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
-
Westpac to Sell Remainder of Auto-Finance Business for Up to A$1.6 Billion
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Westpac Appoints Wealth Boss Anthony Miller as Chief Executive — Update
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Westpac Appoints Wealth Boss Anthony Miller as Chief Executive
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Westpac Reports Higher 3Q Profit, Flags Improving Economic Environment
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Westpac's 1st Half Profit Falls, Lifts Buyback — Update
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Westpac's 1st Half Profit Falls, Lifts Buyback
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Westpac Posts Fall in 1Q Profit
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Westpac's Fiscal Year Profit Up 26%, Commences A$1.5 Billion Buyback — Update
Trading Information
- Previous Close Price
- NZD 33.52
- Day Range
- NZD 33.00–33.71
- 52-Week Range
- NZD 22.20–36.99
- Bid/Ask
- NZD 33.00 / NZD 33.97
- Market Cap
- NZD 114.48 Bil
- Volume/Avg
- 6,462 / 22,431
Key Statistics
- Price/Earnings (Normalized)
- 16.09
- Price/Sales
- 5.62
- Dividend Yield (Trailing)
- 4.83%
- Dividend Yield (Forward)
- 4.94%
- Total Yield
- 5.67%
Company Profile
Westpac is Australia's oldest bank and financial services group, with a significant franchise in Australia and New Zealand in the consumer, small business, corporate, and institutional sectors, in addition to its major presence in wealth management. Westpac is among a handful of banks around the globe currently retaining very high credit ratings. The bank benefits from a large national branch network and significant market share, particularly in home loans and retail deposits.
- Sector
- Financial Services
- Industry
- Banks - Diversified
- Stock Style Box
- Large Value
- Total Number of Employees
- 35,348
- Website
- https://www.westpac.com.au
Competitors
Valuation
Metric
|
WBC
|
ANZ
|
NAB
|
---|---|---|---|
Price/Earnings (Normalized) | 16.09 | 12.77 | 15.85 |
Price/Book Value | 1.44 | 1.27 | 1.84 |
Price/Sales | 5.62 | 4.75 | 6.10 |
Price/Cash Flow | 15.35 | 12.58 | — |
Price/Earnings
WBC
ANZ
NAB
Financial Strength
Metric
|
WBC
|
ANZ
|
NAB
|
---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
Metric
|
WBC
|
ANZ
|
NAB
|
---|---|---|---|
Return on Assets (Normalized) | 0.68% | 0.65% | 0.66% |
Return on Equity (Normalized) | 9.72% | 10.25% | 11.36% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
WBC
ANZ
NAB
Banks - Diversified Industry Comparables
1-Day Chart
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