Westpac Banking Corporation (ASX: WBC) is an Australian-listed company in the Financial Services sector with a market capitalisation of $121.88B and the 9th-largest security on the ASX by market capitalisation. The WBC share price is $35.69, up 0.65% today and up 6.87% over the past 12 months. Shares have traded between $32.38 and $43.32 over the past 52 weeks. WBC trades on a price-to-earnings ratio of 9.87, above the Financial Services sector median of 6.97, and pays a trailing dividend yield of 1.95%. In its most recent reported period (ending 31 Mar 2026), Westpac Banking Corporation reported revenue of $27.98B and a net profit of $3.41B (12.2% margin).
About Westpac Banking Corporation
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.
Cash flow metrics for financial institutions may differ due to banking-specific accounting.
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