WESTPAC BANKING CORPORATION (WBC)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

WBC - WESTPAC BANKING CORPORATION

FNArena Sector : Banks
Year End: September
GICS Industry Group : Banks
Debt/EBITDA: N/A
Index: ASX20 | ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

Westpac is an Australian bank and financial services provider. It is Australia's oldest bank, being established in Sydney as the Bank of NSW in 1817. It is the second largest bank by market cap. It listed on the ASX in July 1970.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$25.69

26 Apr
2024

-0.500

OPEN

$25.89

-1.91%

HIGH

$25.96

6,008,557

LOW

$25.65

TARGET
$24.217

+0.01 change from previous day

 -5.7% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ABA . AFG . ANZ . BEN . BOQ . CBA . HLI . MYS . NAB . RMC . SUN . VUK .
FNARENA'S MARKET CONSENSUS FORECASTS
WBC: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx N/A 188.6 xxx
DPS (cps) xxx N/A 142.6 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 13.6 xxx
Dividend Yield xxx N/A 5.6% xxx
Div Pay Ratio(%) xxx N/A 75.6% xxx

Dividend yield today if purchased 3 years ago: 5.68%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.53

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 09/11 - ex-div 72c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx205.3
DPS All xxxxxxxxxxxxxxx142.0
Sales/Revenue xxxxxxxxxxxxxxx47,435.0 M
Book Value Per Share xxxxxxxxxxxxxxx2,068.8
Net Operating Cash Flow xxxxxxxxxxxxxxx-3,694.0 M
Net Profit Margin xxxxxxxxxxxxxxx15.16 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx10.06 %
Return on Invested Capital xxxxxxxxxxxxxxx3.16 %
Return on Assets xxxxxxxxxxxxxxx0.70 %
Return on Equity xxxxxxxxxxxxxxx10.06 %
Return on Total Capital xxxxxxxxxxxxxxx3.61 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-8,436.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx57,114 M
Long Term Debt xxxxxxxxxxxxxxx162,231 M
Total Debt xxxxxxxxxxxxxxx219,345 M
Goodwill - Gross xxxxxxxxxxxxxxx7,419 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx102,522 M
Price To Book Value xxxxxxxxxxxxxxx1.02

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx1,379.0 M
Capex % of Sales xxxxxxxxxxxxxxx2.91 %
Cost of Goods Sold xxxxxxxxxxxxxxx-
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx4,028 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx127,176 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

-0.7

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Citi

xx/xx/xxxx

5

xxxxxxxxx xx xxxx xxxx xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

17/04/2024

5

Sell

$23.00

-10.47%

Despite in-line results in the December quarter, UBS observes Australian Banks have rallied so far in 2024 driven by optimism on softer inflation, interest rate stability and a benign credit cycle, and believes valuations have run ahead of fundamentals.

Going into the release of results beginning this week, the broker has Sell ratings for all banks under coverage apart from ANZ Bank and Macquarie Group which have Neutral recommendations.

Westpac's 1H result is due on May 6. The broker expects 1H PBT of around $4.8bn, around -2% below the consensus forecast. Target $23, Sell.

FORECAST
UBS forecasts a full year FY24 dividend of 140.00 cents and EPS of 179.00 cents.
UBS forecasts a full year FY25 dividend of 141.00 cents and EPS of 180.00 cents.

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

xx/xx/xxxx

5

xxxxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >

WBC STOCK CHART

FNArena News on WBC

1
ESG Focus: Counting Psychosocial Costs On ASX

Apr 22 2024 - ESG Focus
2
Rudi’s View: Shaky Sentiment Ahead Of Corporate Updates

Apr 17 2024 - Rudi's View
3
Rudi’s View: (In Search Of) The Holy Grail

Apr 04 2024 - Rudi's View
4
March In Review: Fifth Month Of Market Gains

Apr 04 2024 - Australia
5
Rudi’s View: Investor Worries, Gold, Westpac, and Conviction Buys

Apr 03 2024 - Rudi's View

Latest Banks News

1
Bank of Queensland: Beautiful One Day

Apr 18 2024 - Australia
2
Rudi’s View: Investor Worries, Gold, Westpac, and Conviction Buys

Apr 03 2024 - Rudi's View
3
Are Australian Banks Overpriced?

Mar 14 2024 - Australia
4
Treasure Chest: Banks & Exuberance

Jan 17 2024 - Treasure Chest
5
Commonwealth Bank: Consolidation Before Upside

Dec 19 2023 - Technicals
6
Australian Banks Post FY23 Results: Same, Same

Nov 30 2023 - Feature Stories
7
Costs Continue To Drag On Westpac

Nov 07 2023 - Australia
8
In Brief: House Prices; Mortgage Stress, Banks

Nov 03 2023 - Weekly Reports
9
Australian Banks: Choppy And Messy

Sep 28 2023 - Technicals
10
Post August Reflections

Sep 05 2023 - Australia