WBK
Westpac Banking Corp
Exchange: NYSESector: Financial ServicesIndustry: Banks - Diversified
Values in USD · ADR · Reports in AUD
Westpac Banking Corporation provides a range of financial products and services in Australia, New Zealand, and internationally. The company offers personal banking products and services, such as savings and transaction accounts, and term deposits; debit, credit, and travel cards; home loans; personal loans, car loans, and overdraft facilities; various insurance products; superannuation and retirement products; and investment products comprising share trading, financial planning, managed funds, managed accounts, investment loans, and wrap products, as well as provides emergency cash, online, telephone banking, ATMs, travel center, private banking, financial education, financial advice assistance, and foreign exchange historical rates services. It also offers business banking products, including bank accounts, and farm management and business term deposits; business credit cards; vehicle and equipment finance, business loans, business overdrafts, and agribusiness loans; merchant services; business and farm insurance; and international trade solutions, including foreign exchange, cash flow management, export and import services, and trade finance products. In addition, the company provides corporate banking services, such as debt market solutions comprising debt capital products, loans, bonds, structured and asset finance, fixed interest and debt securities, and interest rate derivatives; transaction banking solutions; commercial cards; commodities, carbon, and energy products; and investing solutions consisting of fund management, corporate superannuation, and managed investments. It serves consumers, small-to-medium enterprises, corporates, and commercial and agribusiness customers, as well as institutional, government, and retail customers. The company was formerly known as Bank of New South Wales and changed its name to Westpac Banking Corporation in October 1982. Westpac Banking Corporation was founded in 1817 and is headquartered in Sydney, Australia.
Did you know?
WBK's revenue grew at a 0.1% CAGR over the last 6 years.
Current Price
$14.20
GoodMoat Value
$258.64
1721.4% undervaluedProfile
Valuation (TTM)
Market Cap—
P/E—
EV—
P/B0.99
Shares Out3.61B
P/Sales—
Revenue$15.27B
EV/EBITDA—
Westpac Banking Corp (WBK) Stock Analysis
Market Cap—
Current Price$14.20
P/E Ratio—
Forward P/E—
PEG Ratio—
EPS$0.99
Book Value$14.35
P/B Ratio0.99
WBK Financial Charts
FCF vs CAPEX
FCFCAPEX
Cash vs Debt
Net Debt: 98.4B
Revenue
15.2B
FY15
16.1B
FY16
17.0B
FY17
15.8B
FY18
14.0B
FY19
14.7B
FY20
15.3B
FY21
Net Income
5.6B
FY15
5.7B
FY16
6.3B
FY17
5.8B
FY18
4.6B
FY19
1.7B
FY20
3.9B
FY21
Did you know?
WBK's revenue grew at a 0.1% CAGR over the last 6 years.
Westpac Banking Corp (WBK) Financial Summary
Westpac Banking Corp (WBK) is a Financial Services company in the Banks - Diversified industry, listed on NYSE. The stock currently trades at $14.20.
, price-to-book ratio of 0.99, and EPS of $0.99. The company reports a profit margin of 25.7% and return on equity of 7.6%.
WBK Key Financial Metrics
| Metric | Value |
|---|---|
| EPS | $0.99 |
| P/B Ratio | 0.99 |
| Dividend Yield | 3.99% |
| Profit Margin | 25.7% |
| Return on Equity | 7.6% |
| Debt/Equity | 2.89 |
WBK Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY15 | $15.18B | $5.62B |
| FY16 | $16.07B | $5.70B |
| FY17 | $16.95B | $6.26B |
| FY18 | $15.83B | $5.82B |
| FY19 | $13.95B | $4.58B |
| FY20 | $14.73B | $1.67B |
| FY21 | $15.27B | $3.93B |
Westpac Banking Corp (WBK) Valuation
Based on GoodMoat's DCF model, Westpac Banking Corp has a fair value estimate of $258.64. At the current price of $14.20, the stock appears 94.5% undervalued relative to our intrinsic value estimate.
WBK Quality Indicators
Westpac Banking Corp maintains a profit margin of 25.7% and an operating margin of 37.3%. Return on equity stands at 7.6%. Debt-to-equity ratio is 2.89.
About Westpac Banking Corp
Westpac Banking Corporation provides a range of financial products and services in Australia, New Zealand, and internationally. The company offers personal banking products and services, such as savings and transaction accounts, and term deposits; debit, credit, and travel cards; home loans; personal loans, car loans, and overdraft facilities; various insurance products; superannuation and retirement products; and investment products comprising share trading, financial planning, managed funds, managed accounts, investment loans, and wrap products, as well as provides emergency cash, online, telephone banking, ATMs, travel center, private banking, financial education, financial advice assistance, and foreign exchange historical rates services. It also offers business banking products, including bank accounts, and farm management and business term deposits; business credit cards; vehicle and equipment finance, business loans, business overdrafts, and agribusiness loans; merchant services; business and farm insurance; and international trade solutions, including foreign exchange, cash flow management, export and import services, and trade finance products. In addition, the company provides corporate banking services, such as debt market solutions comprising debt capital products, loans, bonds, structured and asset finance, fixed interest and debt securities, and interest rate derivatives; transaction banking solutions; commercial cards; commodities, carbon, and energy products; and investing solutions consisting of fund management, corporate superannuation, and managed investments. It serves consumers, small-to-medium enterprises, corporates, and commercial and agribusiness customers, as well as institutional, government, and retail customers. The company was formerly known as Bank of New South Wales and changed its name to Westpac Banking Corporation in October 1982. Westpac Banking Corporation was founded in 1817 and is headquartered in Sydney, Australia.
WBK Free Cash Flow
Westpac Banking Corp generated $36.14B in trailing twelve-month free cash flow.