Westpac Banking Corp
WBCPK
Company Profile
Business description
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.
Contact
275 Kent Street
Level 18
SydneyNSW2000
AUST: +61 291557713
Sector
Financial Services
Stock type
Cyclical
Industry
Banks - Diversified
Fiscal Year End
Employees
35,000
Stocks News & Analysis
stocks
ASX payments utility looks overvalued
Australia’s invisible payments utility earns narrow moat yet valuation looks lofty.
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 8,823.20 | 71.40 | -0.80% |
| CAC 40 | 7,761.67 | 7.54 | -0.10% |
| DAX 40 | 24,958.03 | 146.33 | -0.58% |
| Dow JONES (US) | 51,145.85 | 34.02 | -0.07% |
| FTSE 100 | 10,496.32 | 37.82 | 0.36% |
| HKSE | 23,785.79 | 344.71 | -1.43% |
| NASDAQ | 27,393.42 | 145.28 | -0.53% |
| Nikkei 225 | 69,042.11 | 993.60 | -1.42% |
| NZX 50 Index | 13,691.85 | 7.81 | 0.06% |
| S&P 500 | 7,781.55 | 20.22 | -0.26% |
| S&P/ASX 200 | 8,660.90 | 66.80 | -0.77% |
| SSE Composite Index | 3,811.90 | 30.29 | -0.79% |