Westpac Banking Corporation (WBC.AX)
| Previous Close | 26.03 |
| Open | 26.16 |
| Bid | 27.27 x 224300 |
| Ask | 26.15 x 626700 |
| Day's Range | 26.13 - 26.47 |
| 52 Week Range | 20.03 - 27.70 |
| Volume | |
| Avg. Volume | 6,644,190 |
| Market Cap | 92.571B |
| Beta (5Y Monthly) | 0.86 |
| PE Ratio (TTM) | 13.55 |
| EPS (TTM) | 1.95 |
| Earnings Date | May 06, 2024 |
| Forward Dividend & Yield | 1.44 (5.45%) |
| Ex-Dividend Date | Nov 09, 2023 |
| 1y Target Est | 23.59 |
ReutersAustralia's Westpac net profit falls 16%, announces additional $661 million buyback
As a result, Westpac's net interest margin for the six months ended March 31 slipped to 1.89%, down 7 basis points from a year ago. Its net profit came in at A$3.34 billion, compared with A$4.00 billion a year earlier.
ReutersAustralian bank Westpac extends moratorium on regional branch closures till 2027
"Westpac is extending its moratorium on regional branch closures until at least 2027 while it strengthens regional banking services," Australia's third-largest lender in terms of market valuation said in a media statement. "This commitment will support more than 2.2 million customers and 1,000 employees who live and work in 182 regional areas." Established more than 200 years ago, Westpac said it is also investing over A$200 million ($129.64 million) over the next decade in partnership with the government-run Australia Post to allow cash and cheque transactions at select post offices.
Simply Wall St.Westpac Banking Corporation (ASX:WBC) most popular amongst retail investors who own 71% of the shares, institutions hold 29%
To get a sense of who is truly in control of Westpac Banking Corporation (ASX:WBC), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are retail investors with 71% ownership.
