Westpac Banking Corp

WBCPI

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
    AUS

    T: +61 291557713

    E: [email protected]

    https://www.westpac.com.au

  • Sector

    Financial Services

    Stock type

    Cyclical

  • Industry

    Banks - Diversified

    Fiscal Year End

    Employees

    35,969

Stocks News & Analysis

stocks

Westpac earnings: Tech overhaul is costly but not hurting lending and deposit growth

Our view after latest earnings report.
stocks

Future Focus: Are franking credits ‘free alpha’?

There’s always an opportunity cost.
stocks

Berkshire Hathaway earnings: Cash balances hit $358 billion on mostly solid results across the firm

We think Berkshire Hathaway stock is moderately undervalued.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries9,098.2075.80-0.83%
CAC 407,966.01143.78-1.77%
DAX 4023,686.62445.79-1.85%
Dow JONES (US)47,336.68226.19-0.48%
FTSE 1009,579.93121.44-1.25%
HKSE25,952.40205.96-0.79%
NASDAQ23,834.72109.770.46%
Nikkei 22551,497.20914.14-1.74%
NZX 50 Index13,605.9649.660.37%
S&P 5006,851.9711.770.17%
S&P/ASX 2008,813.7069.00-0.78%
SSE Composite Index3,960.1916.33-0.41%

Market Movers