Westpac Banking (Australia) Today

WBC Stock   33.54  0.51  1.54%   

Performance

12 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 9

 
High
 
Low
Low
Westpac Banking is selling for under 33.54 as of the 22nd of November 2024; that is 1.54% increase since the beginning of the trading day. The stock's last reported lowest price was 33.23. Westpac Banking has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Westpac Banking Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of November 2023 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Banks
Category
Financial Services
Classification
Financials
Westpac Banking is entity of Australia. It is traded as Stock on AU exchange. The company has 3.44 B outstanding shares. More on Westpac Banking Corp

Moving against Westpac Stock

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Westpac Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Westpac Banking's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Westpac Banking or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Westpac Banking's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Westpac Banking's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
MD CEOFCA BEc
Business ConcentrationDiversified Banks, Banks - Diversified, Financial Services, Financials, Banks, Banks-Diversified, Financial Services (View all Sectors)
Westpac Banking's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Westpac Banking's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Westpac Banking can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Westpac Banking's financial leverage. It provides some insight into what part of Westpac Banking's total assets is financed by creditors.
Liquidity
Westpac Banking cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Westpac Banking Corp has accumulated 229.65 B in total debt. Debt can assist Westpac Banking until it has trouble settling it off, either with new capital or with free cash flow. So, Westpac Banking's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Westpac Banking Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Westpac to invest in growth at high rates of return. When we think about Westpac Banking's use of debt, we should always consider it together with cash and equity.

Capital Expenditures

1.63 Billion
Westpac Banking Corp (WBC) is traded on Australian Securities Exchange in Australia and employs 33,583 people. Westpac Banking is listed under Diversified Banks category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 116.31 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Westpac Banking's market, we take the total number of its shares issued and multiply it by Westpac Banking's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Westpac Banking Corp operates under Banks sector and is part of Financials industry. The entity has 3.44 B outstanding shares. Westpac Banking generates negative cash flow from operations
Check Westpac Banking Probability Of Bankruptcy
Ownership Allocation
Westpac Banking Corp retains a total of 3.44 Billion outstanding shares. 30% of Westpac Banking outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Westpac Ownership Details

Westpac Banking Corp Risk Profiles

Although Westpac Banking's alpha and beta are two of the key measurements used to evaluate Westpac Banking's performance over the market, the standard measures of volatility play an important role as well.

Westpac Stock Against Markets

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Our tools can tell you how much better you can do entering a position in Westpac Banking without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Westpac Banking Corporate Management

Elected by the shareholders, the Westpac Banking's board of directors comprises two types of representatives: Westpac Banking inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Westpac. The board's role is to monitor Westpac Banking's management team and ensure that shareholders' interests are well served. Westpac Banking's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Westpac Banking's outside directors are responsible for providing unbiased perspectives on the board's policies.
LLB BAChief WealthProfile
Christine ParkerGroup ResourcesProfile
Ryan CFAChief OfficerProfile
Nell HuttonChief BankProfile
Justin McCarthyGeneral RelationsProfile
BCom BComChief BusesProfile

Additional Tools for Westpac Stock Analysis

When running Westpac Banking's price analysis, check to measure Westpac Banking's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westpac Banking is operating at the current time. Most of Westpac Banking's value examination focuses on studying past and present price action to predict the probability of Westpac Banking's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westpac Banking's price. Additionally, you may evaluate how the addition of Westpac Banking to your portfolios can decrease your overall portfolio volatility.