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Westpac Banking Corporation provides banking and other financial services in Australia, New Zealand, the Pacific Islands, Asia, the Americas, and Europe. It operates in Consumer, Business & Wealth, Institutional, and New Zealand segments. The company offers bank accounts, home and personal loans, credit cards, international and travel banking services, insurance, superannuation, investments, share trading, margin lending, private banking, and online banking services; savings and transactions accounts, loans and finance, payment solutions, insurance for businesses, foreign exchange and international money transfer, commercial business and industry banking; bank guarantee, business digital wallet, business setup, and business term deposits; and corporate online banking, transaction banking, corporate and structured finance, and trade and supply chain finance services. It serves individuals and consumers; small to medium businesses and commercial and agribusiness customers; high-net-worth individuals; and corporate and institutional and government customers. The company was formerly known as Bank of New South Wales and changed its name to Westpac Banking Corporation in October 1982. Westpac Banking Corporation was founded in 1817 and is headquartered in Sydney, Australia.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Westpac Banking Corporation is one of Australia's largest banks offering retail, business and institutional banking, wealth and payments across Australia and New Zealand. Long-term growth may be supported by its deposit base, mortgage and business lending franchises, fee-generating wealth and institutional services and digital investments; investors may find its scale and core deposit funding attractive.
Principal risks include regulatory and compliance uncertainty, exposure to the Australian housing market and credit cycles, and intensifying competition from fintechs and other major banks.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2026-09-30 | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-09-30 | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 |
| Income before tax | 9809.00M | 10044.00M | 10107.00M | 10305.00M | 8469.00M |
| Minority interest | -16.00M | - | 0.00M | -6.00M | -5.00M |
| Net income | 6813.00M | 6910.00M | 6983.00M | 7195.00M | 5694.00M |
| Selling general administrative | 6741.00M | - | 5924.00M | 6018.00M | 5902.00M |
| Selling and marketing expenses | - | - | 176.00M | 169.00M | 158.00M |
| Gross profit | 22019.00M | - | 21051.00M | 21380.00M | 20409.00M |
| Reconciled depreciation | 1577.00M | - | 1522.00M | 1237.00M | 1581.00M |
| Ebit | 9809.00M | - | 10107.00M | 10299.00M | 14554.00M |
| Ebitda | 10377.00M | 10310.00M | 11629.00M | 11536.00M | 16135.00M |
| Depreciation and amortization | 568.00M | - | 1522.00M | 1237.00M | 1581.00M |
| Operating income | 9809.00M | 10310.00M | 10192.00M | 10299.00M | 14554.00M |
| Other operating expenses | 49477.00M | - | 9460.00M | -11081.00M | 14485.00M |
| Interest expense | 36403.00M | - | 35594.00M | 25435.00M | 6090.00M |
| Tax provision | 2980.00M | 3111.00M | 3117.00M | 3104.00M | 2770.00M |
| Interest income | 55985.00M | - | 54347.00M | 43752.00M | 23251.00M |
| Net interest income | 19582.00M | - | 18753.00M | 18317.00M | 17161.00M |
| Income tax expense | 2980.00M | 3111.00M | 3117.00M | 3104.00M | 2770.00M |
| Total revenue | 59286.00M | 58417.00M | 21051.00M | 21380.00M | 20409.00M |
| Total operating expenses | 12210.00M | - | 10944.00M | -11081.00M | 14485.00M |
| Cost of revenue | 37267.00M | - | 36130.00M | - | - |
| Total other income expense net | - | -266.00M | -85.00M | 6.00M | -6085.00M |
| Net income from continuing ops | 6829.00M | - | 6990.00M | 7201.00M | 5699.00M |
| Net income applicable to common shares | - | 6910.00M | 6983.00M | 7190.00M | 5691.00M |
| Breakdown | 2026-09-30 | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-09-30 | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 |
| Total assets | 1181985.00M | 1125356.00M | 1078697.00M | 1029774.00M | 1014198.00M |
| Intangible assets | 2773.00M | 3052.00M | 3313.00M | 3467.00M | 2934.00M |
| Other current assets | - | - | 143906.00M | - | 7860.00M |
| Total liab | 1110695.00M | 1052590.00M | 1006645.00M | 957235.00M | 943689.00M |
| Total stockholder equity | 70989.00M | 72766.00M | 71705.00M | 72495.00M | 70452.00M |
| Other current liab | - | - | 361946.00M | -29016.00M | -32035.00M |
| Common stock | 37261.00M | 37263.00M | 37958.00M | 39826.00M | 39666.00M |
| Capital stock | 37261.00M | - | - | 39826.00M | 39666.00M |
| Retained earnings | 36141.00M | 36625.00M | 32773.00M | 31436.00M | 29063.00M |
| Other liab | - | - | - | - | 11332.00M |
| Good will | 7376.00M | 7413.00M | 7433.00M | 7419.00M | 7393.00M |
| Other assets | - | - | - | 740288.00M | 723636.00M |
| Cash | 45959.00M | - | - | 102976.00M | 105734.00M |
| Total current liabilities | 74528.00M | - | 423226.00M | 29016.00M | 32035.00M |
| Net debt | 204263.00M | - | 229650.00M | 86773.00M | 70388.00M |
| Short term debt | 74528.00M | - | 55005.00M | 22687.00M | 29252.00M |
| Short long term debt | 39610.00M | - | - | 22687.00M | 29252.00M |
| Short long term debt total | 250222.00M | - | 229650.00M | 189749.00M | 176122.00M |
| Other stockholder equity | -1023.00M | -203.00M | -758.00M | -702.00M | -655.00M |
| Property plant equipment | - | 2266.00M | - | 2245.00M | 2429.00M |
| Total current assets | 133008.00M | - | 143906.00M | 179493.00M | 183288.00M |
| Long term investments | 154048.00M | - | - | 96862.00M | 94518.00M |
| Net tangible assets | - | - | - | - | 60125.00M |
| Short term investments | 84731.00M | - | - | 73894.00M | 75284.00M |
| Net receivables | 2318.00M | - | - | 2623.00M | 2270.00M |
| Long term debt | 178279.00M | 173297.00M | - | 157694.00M | 144647.00M |
| Accounts payable | 6670.00M | - | 6275.00M | 6329.00M | 2783.00M |
| Noncontrolling interest in consolidated entity | 301.00M | - | - | - | - |
| Accumulated other comprehensive income | -1390.00M | - | 1732.00M | 1935.00M | 2378.00M |
| Non currrent assets other | 15969.00M | - | 918101.00M | -109993.00M | -107274.00M |
| Non current assets total | 1048977.00M | - | 934791.00M | 109993.00M | 107274.00M |
| Long term debt total | - | 173297.00M | - | 157694.00M | 144647.00M |
| Breakdown | 2026-09-30 | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-09-30 | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 |
| Investments | -3142.00M | - | -26167.00M | 1712.00M | 1946.00M |
| Change to liabilities | - | - | - | - | 0.00M |
| Total cashflows from investing activities | -69890.00M | -68449.00M | -80244.00M | 1712.00M | 2807.00M |
| Net borrowings | 17957.00M | - | 17098.00M | 10259.00M | 21166.00M |
| Total cash from financing activities | 58208.00M | 39205.00M | 45075.00M | 30347.00M | 48293.00M |
| Change to operating activities | - | - | - | - | -26530.00M |
| Net income | 6806.00M | 6910.00M | 6990.00M | 7195.00M | 5694.00M |
| Change in cash | -3468.00M | -15237.00M | -36855.00M | -2735.00M | 33904.00M |
| Begin period cash flow | 50430.00M | 65667.00M | 102522.00M | 105257.00M | 71353.00M |
| End period cash flow | 45959.00M | - | 65667.00M | 102522.00M | 105257.00M |
| Total cash from operating activities | 8214.00M | 13925.00M | -933.00M | -35488.00M | -18100.00M |
| Issuance of capital stock | - | - | - | - | 0.00M |
| Depreciation | 1577.00M | - | 1522.00M | 577.00M | 683.00M |
| Other cashflows from investing activities | -53787.00M | -48774.00M | -35011.00M | 3382.00M | 2651.00M |
| Dividends paid | 5267.00M | 5215.00M | 5652.00M | 4504.00M | 4337.00M |
| Change to inventory | - | - | - | -23185.00M | -29154.00M |
| Change to account receivables | -397.00M | - | -227.00M | -730.00M | -544.00M |
| Sale purchase of stock | -180.00M | -786.00M | -1868.00M | -79.00M | -3585.00M |
| Other cashflows from financing activities | 45309.00M | 51446.00M | 35081.00M | 24671.00M | 35049.00M |
| Change to netincome | - | - | - | - | 2807.00M |
| Capital expenditures | 297.00M | 371.00M | 235.00M | 238.00M | 166.00M |
| Change in working capital | -920.00M | 7060.00M | -28976.00M | -14283.00M | 12516.00M |
| Stock based compensation | - | - | 97.00M | 90.00M | 88.00M |
| Other non cash items | 2328.00M | -45.00M | 19686.00M | -29732.00M | -37508.00M |
| Free cash flow | 7917.00M | 13554.00M | -1168.00M | -35726.00M | -18266.00M |
Sector: Financial Services Industry: Banks - Diversified
|
Stock Name
|
Change
(AUD) |
Price
(AUD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
|---|---|---|---|---|---|---|---|
| WBC Westpac Banking Corporation |
0.39 1.06% |
37.03 | 18.41 | 17.33 | 5.76 | 1.78 | 13.80 |
| CBA Commonwealth Bank of Australia |
1.22 0.73% |
167.51 | 25.50 | 24.75 | 9.47 | 3.53 | 13.66 |
| CBAPK Commonwealth Bank of Australia |
0.01 0.01% |
104.01 | 17.28 | - | - | - | - |
| CBAPJ Commonwealth Bank of Australia |
- -% |
100.35 | 16.67 | - | - | - | - |
| NAB National Australia Bank Ltd |
1.04 2.67% |
40.00 | 19.48 | 16.13 | 5.86 | 2.08 | 15.74 |
Westpac Banking Corporation provides banking and other financial services in Australia, New Zealand, the Pacific Islands, Asia, the Americas, and Europe. It operates in Consumer, Business & Wealth, Institutional, and New Zealand segments. The company offers bank accounts, home and personal loans, credit cards, international and travel banking services, insurance, superannuation, investments, share trading, margin lending, private banking, and online banking services; savings and transactions accounts, loans and finance, payment solutions, insurance for businesses, foreign exchange and international money transfer, commercial business and industry banking; bank guarantee, business digital wallet, business setup, and business term deposits; and corporate online banking, transaction banking, corporate and structured finance, and trade and supply chain finance services. It serves individuals and consumers; small to medium businesses and commercial and agribusiness customers; high-net-worth individuals; and corporate and institutional and government customers. The company was formerly known as Bank of New South Wales and changed its name to Westpac Banking Corporation in October 1982. Westpac Banking Corporation was founded in 1817 and is headquartered in Sydney, Australia.
| Name | Title | Year Born |
|---|---|---|
| Mr. Peter Francis King BEc, F.C.A., FCA | CEO, MD & Director | 1970 |
| Mr. Michael Campbell Rowland B.Com., F.C.A. | Chief Financial Officer | 1961 |
| Mr. Scott Collary B.A. | Chief & Group Exec. of Customer Services & Technology | 1964 |
| Ms. Christine Joy Parker | Group Exec. of HR | 1960 |
| Mr. Jason Yetton B.Com., BCom, GDAppFin, TGMP | Chief Exec. of Specialist Bus.es | 1970 |
| Ms. Carolyn McCann B.A. | Group Exec. of Corp. Services | 1972 |
| Mr. Chris J. de Bruin B.Sc., M.B.A. | Chief Exec. of Consumer & Bus. Banking | 1964 |
| Mr. Ryan Armand Zanin C.F.A. | Chief Risk Officer | 1963 |
| Mr. Anthony Miller B.A., L.L.B. | Chief Exec. of Westpac Institutional Bank | 1970 |
| Ms. Catherine Anne McGrath B.Com., L.L.B. | Chief Exec. Officer of Westpac New Zealand Limited | 1971 |
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