WBK - Westpac Banking Corporation

NYSE - NYSE Delayed price. Currency in USD
22.11
+0.12 (+0.55%)
At close: 4:02PM EDT

22.11 -0.01 (-0.05%)
After hours: 4:02PM EDT

Stock chart is not supported by your current browser
Previous close21.99
Open22.26
Bid0.00 x 0
Ask0.00 x 0
Day's range22.07 - 22.30
52-week range21.73 - 26.72
Volume228,309
Avg. volume270,103
Market cap76.019B
Beta1.30
PE ratio (TTM)12.56
EPS (TTM)1.76
Earnings dateN/A
Forward dividend & yield1.44 (6.42%)
Ex-dividend dateN/A
1y target est25.76
Trade prices are not sourced from all markets
  • Reuters6 days ago

    Lost home, fees for the dead - Australia banking inquiry hears testimony

    An Australian inquiry into the financial services sector heard tearful testimony on Thursday from a nurse who lost her home after taking advice from a major lender, and that the country's biggest bank knowingly charged dead clients for counsel. The testimony was among the most personal yet at the Royal Commission that has already resulted in startling admissions of bad behaviour by firms. Government data prepared for the inquiry shows over 80,000 consumers have been given bad advice over the past decade, costing them a total A$5 billion (£2.7 billion).

  • Business Wire6 days ago

    FRN Variable Rate Fix

    LONDON--(BUSINESSWIRE)-- As Agent Bank, please be advised of the following rate determined on: 4/18/2018 Issue ¦ Westpac Banking Corporation - Series 2018-C3 GBP 500,000,000 FRN due January 2023   ISIN ...

  • Reuters2 months ago

    Australia's CBA disputes regulator's new rate-manipulation allegations

    Australia's biggest bank by market capitalisation added that it is reviewing details of the allegations lodged by the Australian Securities and Investments Commission against it that increase the number of occasions on which CBA is accused of trying to rig the bank bill swap reference rate (BBSW) in 2012 to six from three. The BBSW is the primary interest rate benchmark used in Australian financial markets to price home loans, credit cards and other financial products.

  • Reuters2 months ago

    Australia banks tighten mortgage checks amid government inquiry, face revenue strain

    Australia’s largest banks have stepped up screenings of mortgage loan applications amid a powerful government-backed inquiry into the nation's lenders and their sales practices, potentially hurting revenues from their most lucrative products. National Australia Bank communicated on Friday to mortgage brokers its stricter conditions to assess mortgage applications, according to emails seen by Reuters, becoming the latest of Australia's 'Big Four' banks to do so. Westpac Banking Corp, Australia and New Zealand Banking Group, and Macquarie Group have also communicated to brokers in recent weeks changes in the way loans are assessed and approved, according to the emails reviewed by Reuters.

  • Reuters3 months ago

    Australia gives regulator sweeping powers over bank bosses' pay

    Australia has given its financial regulator sweeping powers to cap bank bosses' pays, delay their bonuses and even ban them from the industry if found guilty of non-compliance, as it scrambles to restore trust in the scandal-hit sector. The move, plans for which were first announced in May 2017, underscores the immense pressure on the government to rein in a sector that in recent years has faced accusations of withholding legitimate health insurance payouts, giving misleading financial advice and rigging interest rates. The series of scandals has cost Australian banks, among the most profitable in the world, hundreds of millions of dollars in fines and triggered a royal commission - an inquiry with the power to recommend criminal charges that starts next week.

  • Reuters3 months ago

    Australia’s Westpac reports small fall in stressed assets, raising $590 million in capital

    Westpac Banking Corp reported on Monday its stressed assets fell slightly in the three months to December 31 and also announced plans to raise A$750 million ($592 million) in capital through the launch of new hybrid securities. Australia's second-biggest bank by market value said its common equity Tier-1 capital ratio was 10.1 percent at end-December, lower than the 10.6 percent reported at Sept. 30, 2017. Australian mortgage delinquencies, in aggregate, were largely unchanged for the quarter at 0.67 percent, while the bank's smaller mining and New Zealand dairy sectors reduced their exposure to impaired assets.

  • Business Wire3 months ago

    FRN Variable Rate Fix

    LONDON--(BUSINESSWIRE)-- As Agent Bank, please be advised of the following rate determined on: 1/18/2018 Issue ¦ Westpac Banking Corporation - Series 2018-C3 GBP 500,000,000 FRN due January 2023   ISIN ...

  • Business Wire5 months ago

    Westpac Banking Corporation Releases Its 2017 Annual Review and Sustainability Report, and 2017 Annual Report

    Westpac Banking Corporation filed its Annual Report on Form 20-F with the US Securities and Exchange Commission for the financial year ended September 30, 2017 on November 8, 2017 .

  • Westpac Bank annual net profit jumps seven percent
    AFP6 months ago

    Westpac Bank annual net profit jumps seven percent

    Westpac's Aus$7.99 billion (US$6.11 billion) result in the year to September 30 rounded out annual reporting from three of the nation's big four banks, with all of them growing their business

  • Westpac CEO Hartzer Says Policy Mess Is Hitting Investment
    Bloomberg6 months ago

    Westpac CEO Hartzer Says Policy Mess Is Hitting Investment

    Westpac Banking Corp. Chief Executive Officer Brian Hartzer said the outlook for the financial industry is becoming more challenging and called on the Australian government to fix a range of policy messes ...

  • Reuters6 months ago

    Westpac agrees on Hastings fund management sale to UK firm

    Hastings currently manages about A$12.6 billion ($9.68 billion) in funds, the company said. The company had also been in talks with property manager Charter Hall Group (CHC.AX) regarding the sale of Hastings, but it ceased discussions in August.

  • National Australia Bank axes 6,000 jobs as annual profit jumps
    AFP6 months ago

    National Australia Bank axes 6,000 jobs as annual profit jumps

    National Australia Bank chief executive Andrew Thorburn said the entire banking industry was under pressure to reshape its workforce

  • Reuters6 months ago

    Australia's Westpac defends heavy bank bill buying in court

    Australia's No. 2 lender, Westpac Banking Corp (WBC.AX), defended its bank bill trading in court on Wednesday, saying it was crucial to funding the group and managing large amounts of cash it held following the global financial crisis. The Australian Securities and Investments Commission (ASIC) has argued that communications within the bank and with external traders show Westpac dominated trading of bank bills, debt instruments up to six months maturity, to manipulate a benchmark rate. The regulator has accused Westpac of rigging the Bank Bill Swap Rate (BBSW), a benchmark in Australia for pricing trillions of dollars worth of assets, to inflate profits from 2010 and 2012.

  • Reuters6 months ago

    Australia's Westpac was a lead actor in rates rigging, regulator tells court

    The Australian corporate regulator accused Westpac Banking Corp (WBC.AX) of playing a leading role in the widespread manipulation of an important financial trading rate as it took the country's No. 2 lender to court on Tuesday. In an opening address to the Federal Court, the Australian Securities and Investments Commission (ASIC) laid out its case against Westpac, saying the bank was motivated to influence the Bank Bill Swap Rate, a crucial rate for the Australian finance system usually referred to as BBSW, because billions of dollars worth of its products were affected it. ASIC has accused Westpac and rivals National Australia Bank Ltd (NAB.AX) (NAB) and Australia and New Zealand Banking Group Ltd (ANZ.AX) (ANZ) of rigging the BBSW to inflate profits from 2010 to 2012.

  • Reuters6 months ago

    Australia's Westpac was a lead actor in rates rigging, regulator tells court

    The Australian corporate regulator accused Westpac Banking Corp (WBC.AX) of playing a leading role in the widespread manipulation of an important financial trading rate as it took the country's No. 2 lender to court on Tuesday. In an opening address to the Federal Court, the Australian Securities and Investments Commission (ASIC) laid out its case against Westpac, saying the bank was motivated to influence the Bank Bill Swap Rate, a crucial rate for the Australian finance system usually referred to as BBSW, because billions of dollars worth of its products were affected it. ASIC has accused Westpac and rivals National Australia Bank Ltd (NAB.AX) (NAB) and Australia and New Zealand Banking Group Ltd (ANZ.AX) (ANZ) of rigging the BBSW to inflate profits from 2010 to 2012.

  • Westpac says will defend itself in regulator rate-rigging lawsuit
    Reuters6 months ago

    Westpac says will defend itself in regulator rate-rigging lawsuit

    Australia's Westpac Banking Corp said on Monday it plans to defend itself in a lawsuit brought by the nation's corporate regulator accusing it of rigging a key interest rate - unlike two rivals who have agreed to settle similar cases. Australia and New Zealand Banking Group Ltd (ANZ) and National Australia Bank (NAB) reached settlements with the Australian Securities and Investment Commission (ASIC) last week. Westpac, the country's No. 2 lender, has not changed its position and will defend itself against the allegations, a bank spokesman told Reuters on Monday.

  • Australia's Westpac to refund 200,000 customers for missed benefits
    Reuters6 months ago

    Australia's Westpac to refund 200,000 customers for missed benefits

    Westpac said it would pay the customers about A$65 million ($51 million) in total, resulting in an after-tax charge of A$45 million ($35.3 million). The customers were supposed to receive cash payments for holding multiple "packaged" accounts since 2010 but did not get the money, Australia's No. 2 lender said. "Some customers did not receive discounts on ancillary products such as home and contents insurance and term deposits," Westpac said in a statement issued to the Australian Securities Exchange.

  • Reuters6 months ago

    Australia's Westpac to refund 200,000 customers for missed benefits

    Westpac said it would pay the customers about A$65 million ($51 million) in total, resulting in an after-tax charge of A$45 million ($35.3 million). The customers were supposed to receive cash payments for holding multiple "packaged" accounts since 2010 but did not get the money, Australia's No. 2 lender said. "Some customers did not receive discounts on ancillary products such as home and contents insurance and term deposits," Westpac said in a statement issued to the Australian Securities Exchange.

  • CNBC11 months ago

    I'm not picking a fight with the banks: Australia Treasurer tells CNBC

    Australia announced a six basis-point levy on the deposits of the country's five biggest banks in its annual budget with Treasurer Scott Morrison saying the move is to shore up federal revenues.

  • Australia's Westpac Bank interim net profit up 6%
    AFPlast year

    Australia's Westpac Bank interim net profit up 6%

    Westpac left its dividend unchanged at 94 cents

By using Yahoo you agree that Yahoo and partners may use Cookies for personalisation and other purposes