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Westpac Banking Corporation (WBC.AX)

AUD36.64 -0.26 (-0.70%)
AU ASX Financial Services Banks - Diversified
Address 275 Kent Street 2000
Sydney, NSW, AU
CEO Anthony James Miller
IPO 1988-01-31
ISIN AU000000WBC1

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Also trades on Australian Securities Exchange · WBC.AX (AUD) Australian Securities Exchange · WBCPL.AX (AUD) New York Stock Exchange · WBK (USD) New Zealand Exchange · WBC.NZ (NZD) Other OTC · WEBNF (USD)
Description

Westpac Banking Corporation, an established financial institution headquartered in Sydney, Australia, has provided a comprehensive suite of banking and financial solutions since its founding in 1817 (initially as Bank of New South Wales, rebranded in October 1982). Its operations extend across Australia, New Zealand, and into international markets. The company offers a broad spectrum of services to its diverse clientele, including various deposit accounts (such as savings, term deposits, and specialized business, trust, or foreign currency accounts); a wide range of lending products like home, personal, business, and commercial loans; and asset financing for vehicles and equipment, along with business overdrafts and bank guarantees. Westpac also issues debit and credit cards, facilitates international and travel services, provides share trading and investment products, and a diverse portfolio of insurance policies covering home, auto, travel, life, and business needs. Furthermore, it delivers sophisticated corporate and institutional services, encompassing transaction banking, financial market solutions, corporate and structured finance, trade and supply chain financing, industry-specific banking, and treasury management, all supported by extensive online banking capabilities. Its customer base spans individuals, micro, small, and medium-sized enterprises (SMEs), private wealth clients, and large commercial, corporate, institutional, and government entities.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
AUD36.64 -0.26 (-0.70%)
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Volume Profile
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Liquidity & share structure
Average Volume
5M
Beta
0.73
Float Shares
3.41B
Free Float %
99.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-3.13% -9.30% -17.08% -13.50% -11.03% -8.12% +14.11% +68.16% +37.62% +17.47% +853.36%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (3 ratings, all time) Hold
Price Targets & DCF
Current price
36.64
DCF (Unlevered) 90.76 +147.7%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 0% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 5 0
Sell 6 +1
Strong Sell 4 -1
Quality scores
Altman Z-Score
0.29
Distress
Piotroski F-Score
5 / 9
Average
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
3 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
  • Revenue growth
    +175.0% Q1'26: +173.6% (vs Q1'24)
  • EPS growth
    +3.7% Q1'26: +16.3% (vs Q1'24)
  • FCF margin
    Q1'26: +39.4% (vs Q1'24)
  • EBIT margin
    Q1'26: +17.6% (vs Q1'24)
  • ROIC
    Q1'26: +5.6% (vs Q1'24)
  • Share dilution
    -5.3% Q1'26: -8.0% (vs Q1'24)
  • Debt / EBITDA
    Q1'26: 10.87× (vs Q1'24)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.75) × ERP
WACC = 39% × Ke + 61% × Kd (15.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 91.80 Current price: 36.64
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Sep 2010
actual
Sep 2011
actual
Sep 2012
actual
Sep 2013
actual
Sep 2014
actual
Sep 2015
actual
Sep 2016
actual
Sep 2017
actual
Sep 2018
actual
Sep 2019
actual
Sep 2020
actual
Sep 2021
actual
Sep 2022
actual
Sep 2023
actual
Sep 2024
actual
Sep 2025
actual
Sep 2026
13 Rev. Ana.
9 EPS Ana.
Sep 2027
13 Rev. Ana.
10 EPS Ana.
Sep 2028
13 Rev. Ana.
8 EPS Ana.
Sep 2029
10 Rev. Ana.
3 EPS Ana.
Revenue
16.91B
est: 16.69B (+1.3%)
16.91B
est: 17.43B (-3.0%)
16.77B
est: 17.82B (-5.9%)
17.75B
est: 19.16B (-7.4%)
19.29B
est: 20.29B (-4.9%)
20.89B
est: 20.59B (+1.5%)
19.86B
est: 21.29B (-6.7%)
20.80B
est: 21.77B (-4.5%)
21.30B
est: 21.97B (-3.1%)
19.86B
est: 20.86B (-4.8%)
17.01B
est: 20.80B (-18.3%)
21.81B
est: 21.15B (+3.1%)
19.27B
est: 18.98B (+1.5%)
21.00B
est: 20.61B (+1.9%)
21.05B
est: 21.65B (-2.8%)
57.90B
est: 22.35B (+159.0%)
22.97B
22.76B – 23.38B
+2.8% YoY
23.82B
23.46B – 24.37B
+3.7% YoY
24.63B
24.60B – 24.65B
+3.4% YoY
24.96B
24.66B – 25.47B
+1.4% YoY
EBITDA
est: 4.00B (-100.0%)
est: 4.18B (-100.0%)
9.66B
est: 4.28B (+126.0%)
10.68B
est: 4.60B (+132.2%)
11.76B
est: 4.87B (+141.5%)
13.08B
est: 4.94B (+164.8%)
11.82B
est: 5.11B (+131.4%)
12.77B
est: 5.22B (+144.4%)
12.89B
est: 5.27B (+144.3%)
10.85B
est: 5.01B (+116.8%)
-689.00M
est: 4.99B (-113.8%)
-1.06B
est: 5.08B (-120.8%)
10.06B
est: 4.55B (+120.8%)
11.55B
est: 4.97B (+132.2%)
est: 5.22B (-100.0%)
10.59B
est: 5.39B (+96.3%)
5.54B
5.49B – 5.64B
+2.8% YoY
5.75B
5.66B – 5.88B
+3.7% YoY
5.94B
5.94B – 5.95B
+3.4% YoY
6.02B
5.95B – 6.14B
+1.4% YoY
EBIT
-720.00M
est: 6.29B (-111.5%)
-721.00M
est: 8.39B (-108.6%)
8.81B
est: 8.71B (+1.2%)
9.77B
est: 9.53B (+2.6%)
10.74B
est: 10.48B (+2.5%)
11.41B
est: 10.95B (+4.2%)
10.61B
est: 11.93B (-11.1%)
11.50B
est: 10.98B (+4.7%)
11.74B
est: 11.58B (+1.4%)
9.77B
est: 10.92B (-10.5%)
-2.47B
est: 9.78B (-125.3%)
9.61B
est: 9.70B (-1.0%)
8.59B
est: 9.82B (-12.5%)
10.54B
est: 3.68B (+186.7%)
-1.52B
est: 3.84B (-139.6%)
10.04B
est: 3.99B (+151.9%)
4.10B
4.06B – 4.17B
+2.8% YoY
4.25B
4.19B – 4.35B
+3.7% YoY
4.39B
4.39B – 4.40B
+3.4% YoY
4.45B
4.40B – 4.54B
+1.4% YoY
Net Income
6.34B
est: 3.55B (+78.4%)
6.98B
est: 6.63B (+5.4%)
5.93B
est: 7.15B (-17.1%)
6.74B
est: 6.42B (+5.0%)
7.55B
est: 7.24B (+4.3%)
8.01B
est: 7.71B (+3.9%)
7.44B
est: 8.37B (-11.2%)
7.98B
est: 7.68B (+4.0%)
8.09B
est: 8.04B (+0.7%)
6.78B
est: 7.54B (-10.1%)
2.29B
est: 6.81B (-66.4%)
5.46B
est: 6.75B (-19.2%)
5.69B
est: 6.83B (-16.7%)
7.20B
est: 6.89B (+4.5%)
6.98B
est: 7.03B (-0.7%)
6.91B
est: 7.45B (-7.2%)
7.61B
7.43B – 7.80B
+2.2% YoY
8.14B
7.85B – 8.44B
+6.9% YoY
7.85B
7.81B – 8.91B
-3.6% YoY
8.55B
8.42B – 8.78B
+8.9% YoY
SGA
3.93B
est: 10.68B (-63.2%)
3.94B
est: 9.24B (-57.3%)
4.10B
est: 8.62B (-52.4%)
4.41B
est: 9.85B (-55.3%)
4.67B
est: 9.32B (-49.9%)
4.78B
est: 9.37B (-49.0%)
4.67B
est: 10.69B (-56.4%)
4.78B
est: 10.67B (-55.2%)
5.58B
est: 10.43B (-46.5%)
5.71B
est: 9.77B (-41.6%)
5.29B
est: 11.24B (-53.0%)
6.33B
est: 11.15B (-43.3%)
6.06B
est: 11.28B (-46.3%)
6.19B
est: 5.37B (+15.3%)
6.10B
est: 11.46B (-46.8%)
6.55B
est: 5.82B (+12.5%)
5.98B
5.93B – 6.09B
+2.8% YoY
6.20B
6.11B – 6.34B
+3.7% YoY
6.41B
6.41B – 6.42B
+3.4% YoY
6.50B
6.42B – 6.63B
+1.4% YoY
EPS
2.13
est: 1.94 (+10.0%)
2.31
est: 2.14 (+7.9%)
1.95
est: 2.07 (-5.9%)
2.18
est: 2.25 (-3.0%)
2.42
est: 2.43 (-0.4%)
2.55
est: 2.47 (+3.4%)
2.25
est: 2.31 (-2.4%)
2.38
est: 2.39 (-0.4%)
2.30
est: 2.34 (-1.7%)
1.96
est: 2.01 (-2.3%)
0.64
est: 0.76 (-16.0%)
1.49
est: 1.50 (-0.7%)
1.60
est: 1.44 (+10.9%)
2.05
est: 1.87 (+9.7%)
2.01
est: 1.95 (+2.9%)
2.02
est: 2.01 (+0.6%)
2.07
2.01 – 2.11
+3.1% YoY
2.19
2.13 – 2.29
+5.9% YoY
2.29
2.12 – 2.42
+4.6% YoY
2.32
2.28 – 2.38
+1.1% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-13 C+ 2/5 1/5 3/5 3/5 1/5 2/5 2/5
2026-05-12 C+ 2/5 1/5 3/5 3/5 1/5 2/5 2/5
2026-05-11 C+ 2/5 1/5 3/5 3/5 1/5 2/5 2/5
2026-05-08 C+ 2/5 1/5 3/5 3/5 1/5 2/5 2/5
2026-05-07 C+ 2/5 1/5 3/5 3/5 1/5 2/5 2/5
2026-05-06 C+ 2/5 1/5 3/5 3/5 1/5 2/5 2/5
2026-05-05 C+ 2/5 1/5 3/5 3/5 1/5 2/5 2/5
2026-05-04 C+ 2/5 1/5 3/5 3/5 1/5 2/5 2/5
2026-05-01 C+ 2/5 1/5 3/5 3/5 1/5 2/5 2/5
2026-04-30 C+ 2/5 1/5 3/5 3/5 1/5 2/5 2/5
2026-04-29 C+ 2/5 1/5 3/5 3/5 1/5 2/5 2/5
2026-04-28 C+ 2/5 1/5 3/5 3/5 1/5 2/5 2/5
2026-04-27 C+ 2/5 1/5 3/5 3/5 1/5 2/5 2/5
2026-04-24 C+ 2/5 1/5 3/5 3/5 1/5 2/5 2/5
2026-04-23 C+ 2/5 1/5 3/5 4/5 1/5 2/5 2/5
2026-04-22 C+ 2/5 1/5 3/5 4/5 1/5 2/5 2/5
2026-04-21 C+ 2/5 1/5 3/5 4/5 1/5 2/5 2/5
2026-04-20 C+ 2/5 1/5 3/5 4/5 1/5 2/5 2/5
2026-04-17 C+ 2/5 1/5 3/5 4/5 1/5 2/5 2/5
2026-04-16 C+ 2/5 1/5 3/5 4/5 1/5 2/5 2/5
2026-04-15 B- 2/5 1/5 4/5 4/5 1/5 2/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
12.67B
OE per share TTM
3.59
Owner's Yield
9.52%
Maintenance CapEx ratio
46.64%
Maint CapEx / Avg PPE
9.6%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
294.0K
Shares Outstanding
3.41B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Anthony Miller Group Chief Executive Officer & MD 3M male
Ryan Armand Zanin Chief Risk Officer 3M male
Carolyn McCann Chief Executive of Consumer 2M female
Nell C. Hutton Chief Executive of Westpac Institutional Bank 2M female
Scott Collary Group Chief Information Officer 2M male
Catherine Anne McGrath Chief Executive Officer of Westpac New Zealand Limited 1M female
Peter Herbert Chief Transformation Officer 1M male
Paul Fowler Chief Executive of Business & Wealth 721.0K male
Carolyn Hoy Acting Group Executive of Customer & Corporate Services 505.0K female
Kate Dee Chief People Officer 316.8K female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits