Westpac Banking stock analysis
Westpac Banking (WBC) Stock Price & Analysis
WBC Stock Chart & Stats
- Day’s Range
- NZD 45.26 - NZD 46.14
- 52-Week Range
- NZD 40.13 - NZD 52.35
- Previous Close
- NZD 46.12
- Volume
- N/A
- Average Volume (3M)
- 10.19K
- Market Cap
- NZD 156.61B
- Enterprise Value
- NZD 324.50B
- Total Cash (Recent Filing)
- NZD 45.96B
- Total Debt (Recent Filing)
- NZD 250.22B
- Price to Earnings (P/E)
- 18.9
- Beta
- 0.78
- Next Earnings
- May 03, 2027 (Est.)
- EPS Estimate
- 1.26
- Last Dividend Ex-Date
- Nov 05, 2026
- Dividend Yield
- 4.15%
Bulls Say, Bears Say
Bulls Say
Strong Capital And Deposit Funding
A peer-leading capital ratio and stronger deposit funding provide resilience against credit losses, market disruption, and regulatory demands. They also give Westpac flexibility to continue lending and invest in strategic initiatives while maintaining balance-sheet stability through changing conditions.
Business And Institutional Lending Growth
Strong growth in business and institutional lending broadens Westpac’s earnings base beyond housing and supports recurring net interest income. The emphasis on diversified activity and existing customers suggests relationship-led expansion that can deepen client ties and improve revenue durability.
Structural Productivity And Transformation Benefits
Realized structural savings and continued delivery of the UNITE program create a credible route to a lower cost base over several years. If execution remains on track, these benefits can offset investment and wage pressures while improving operating leverage and competitiveness.
Bears Say
Persistent Net Interest Margin Pressure
Ongoing margin compression directly pressures Westpac’s core net interest income, even when loan and asset volumes grow. Competition across major lending categories and deposit pricing can therefore limit earnings expansion and make future profitability more dependent on volume growth or cost reductions.
Higher Credit Impairments And Emerging Stress
Rising impairment charges reduce the benefit of pre-provision profit growth and indicate that credit costs are becoming a more meaningful earnings headwind. Higher provisions, delinquencies, and sector-specific exposures could continue to constrain profitability if household or business conditions weaken.
High Costs And Demanding Transformation Execution
A high cost-income ratio and peak transformation spending leave limited room for execution errors. Rising employee, technology, AI, and cybersecurity costs could dilute near-term savings, while delays or disruption in UNITE would postpone the lower-cost operating model and its expected benefits.
WBC FAQ
What was Westpac Banking’s price range in the past 12 months?
What is Westpac Banking’s market cap?
When is Westpac Banking’s upcoming earnings report date?
How were Westpac Banking’s earnings last quarter?
Is Westpac Banking overvalued?
Does Westpac Banking pay dividends?
What is Westpac Banking’s EPS estimate?
How many shares outstanding does Westpac Banking have?
What happened to Westpac Banking’s price movement after its last earnings report?
Which hedge fund is a major shareholder of Westpac Banking?
What is the TipRanks Smart Score and how is it calculated?
Westpac Banking Stock Smart Score
Company Description
Westpac Banking
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.
- Sector
- Financial
- Industry
- Banks - Diversified
- CEO
- Anthony James Miller
- Employees
- 34,682
- Website
- www.westpac.com.au
- Address
- Westpac Place, Sydney, NSW, 2000, AU
Westpac Banking (WBC) Earnings & Revenues
WBC Company Deck
WBC Earnings Call
Earnings Call SentimentPositive
The call was broadly positive, supported by a strong capital and funding position, solid balance sheet growth, business and institutional momentum, improved customer advocacy, productivity savings, and progress on UNITE and AI initiatives. However, management acknowledged flat net profit, higher impairments, margin compression, a cost-income ratio that remains too high, weak housing activity, intense competition, and ongoing macroeconomic and transformation risks. The number and significance of the stated operational and strategic positives outweighed the challenges.
View all NZ:WBC earnings summariesWBC Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 15 | 5 | 2 |
| Technical Analysis | 3 | 5 | 2 |
| Moving Averages | 12 | 0 | 0 |
