Company Westpac Banking Corporation

Equities

WBC

AU000000WBC1

Banks

Market Closed - Australian S.E. 12:10:17 2024-02-21 am EST 5-day change 1st Jan Change
25.89 AUD -0.04% Intraday chart for Westpac Banking Corporation +5.46% +13.06%

Business Summary

Westpac Banking Corporation is a banking company that provides a range of consumer, business and institutional banking and wealth management services through a portfolio of financial services brands and businesses. Its segments include Consumer Banking and Wealth, Institutional and Business Banking, and Financial Markets. The Consumer Banking and Wealth segment provides financial services predominantly for individuals. The institutional and Business Banking segment provides a range of financial services for commercial, corporate, property finance, agricultural, institutional and government customers. The Financial Markets segment provides foreign exchange, interest rate derivatives, government and credit products, commodities, carbon, and energy capabilities. International Trade and Payments provides international trade solutions, payment products and services to consumer, business, and institutional customers. It also provides telephone banking services.

Number of employees: 33,664

Sales per Business

AUD in Million2022Weight2023Weight Delta
Consumer
44.0 %
9,597 48.9 % 9,534 44.0 % -0.66%
Business
20.7 %
3,356 17.1 % 4,475 20.7 % +33.34%
Westpac Institutional Bank
13.4 %
2,249 11.5 % 2,891 13.4 % +28.55%
Westpac New Zealand
11.8 %
2,503 12.8 % 2,557 11.8 % +2.16%
Specialist Businesses
6.1 %
322 1.6 % 1,312 6.1 % +307.45%
Group Businesses
4.0 %
974 5.0 % 876 4.0 % -10.06%

Sales per region

AUD in Million2022Weight2023Weight Delta
Australia
85.4 %
20,198 78.6 % 40,222 85.4 % +99.14%
New Zealand
10.7 %
5,010 19.5 % 5,053 10.7 % +0.86%
Other Overseas
3.8 %
488 1.9 % 1,805 3.8 % +269.88%

Managers

Managers TitleAgeSince
Chief Executive Officer 54 93-12-31
Director of Finance/CFO 63 20-07-13
Chief Tech/Sci/R&D Officer - 14-11-30
Chief Tech/Sci/R&D Officer 60 20-10-31
Investor Relations Contact - 22-12-31
Corporate Officer/Principal 47 22-04-30
Treasurer - 03-04-30
Corporate Officer/Principal - 23-07-31
Corporate Officer/Principal - 23-07-31
Human Resources Officer 64 06-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 64 21-02-28
Director/Board Member 70 23-03-09
Director/Board Member 72 23-04-02
Chairman 63 Nov. 06
Director/Board Member 59 17-08-31
Director/Board Member 62 18-02-28
Director/Board Member 63 19-02-28
Director/Board Member 61 21-08-31
Chief Executive Officer 54 93-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 4,302,984 0 4,302,984 ( 100.00 %) 98.80 %
Stock B 1 3,509,076,960 3,471,079,468 ( 98.92 %) 3,400,723 ( 0.0969 %)

Shareholders

NameEquities%Valuation
The Vanguard Group, Inc.
5.603 %
196,209,089 5.603 % 3 136 M $
State Street Global Advisors Trust Co.
1.072 %
37,520,013 1.072 % 600 M $
AMP Capital Investors Ltd.
0.6402 %
22,418,615 0.6402 % 358 M $
Netwealth Investments Ltd.
0.4475 %
15,669,646 0.4475 % 250 M $
DFA Australia Ltd.
0.4338 %
15,188,972 0.4338 % 243 M $
Australian Foundation Investment Co. Ltd. (Invt Mgmt)
0.4320 %
15,125,024 0.4320 % 242 M $
Yarra Investment Management Ltd.
0.3390 %
11,870,528 0.3390 % 190 M $
Milton Corp. Ltd. (Investment Management)
0.3262 %
11,422,739 0.3262 % 183 M $
Investors Mutual Ltd.
0.3251 %
11,382,878 0.3251 % 182 M $
UBS Asset Management (Australia) Ltd.
0.3064 %
10,729,803 0.3064 % 172 M $
NameEquities%Valuation
BetaShares Capital Ltd.
0.000000 %
0 0.000000 % - $
Coolabah Capital Institutional Investments Pty Ltd.
0.000000 %
0 0.000000 % - $
NameEquities%Valuation
Coolabah Capital Institutional Investments Pty Ltd.
0.000000 %
0 0.000000 % - $
BetaShares Capital Ltd.
0.000000 %
0 0.000000 % - $
NameEquities%Valuation
Coolabah Capital Institutional Investments Pty Ltd.
-
0 - - $
NameEquities%Valuation
Coolabah Capital Institutional Investments Pty Ltd.
0.000000 %
0 0.000000 % - $
BetaShares Capital Ltd.
0.000000 %
0 0.000000 % - $
NameEquities%Valuation
Coolabah Capital Institutional Investments Pty Ltd.
0.000000 %
0 0.000000 % - $
BetaShares Capital Ltd.
0.000000 %
0 0.000000 % - $

Holdings

NameEquities%Valuation
876,801 2.41% 187,205,782 $
253,701 0.00% 100,866,444 $
2,251,184 2.58% 87,751,152 $
625,862 1.46% 73,050,613 $
367,826 0.00% 67,827,114 $
15,290,038 2.47% 58,255,045 $
143,442 0.02% 52,195,675 $
12,305,199 1.06% 52,050,992 $
84,518 0.00% 52,001,390 $
323,860 0.00% 50,263,072 $

Company contact information

Westpac Banking Corp.

275 Kent Street Level 18

2000, Sydney

+61 2 9155 7713

http://www.westpac.com.au/
address Westpac Banking Corporation(WBC)

Group companies

NameCategory and Sector
Financial Conglomerates
Investment Banks/Brokers
BT Property Securities Index Fund
Investment Trusts/Mutual Funds
Investment Banks/Brokers
Regional Banks
Major Banks
Regional Banks
Investment Managers
Regional Banks

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
14
Last Close Price
25.9 AUD
Average target price
23.08 AUD
Spread / Average Target
-10.88%
Consensus
+229% on MICROSOFT CORPORATION since our purchase on January 11, 2019
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