Westpac Banking Corp

  • IPO date:
  • Sector: Financial Services
  • GIC Group: Banks
  • Industry: Banks-Diversified
  • Company website

Company description

Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, and internationally. It offers savings, term deposit, business transaction, not-for-profit transaction, foreign currency, farm management deposit, project and retention trust, and statutory trust accounts; home, personal, business, and commercial loans; car and equipment finance; business overdrafts and bank guarantees; debit and credit cards; international and travel services; share trading services; investment products; and home, car, travel, life, caravan and trailer, credit card and loan repayment, boat, and business insurance products. The company also provides corporate and institutional, transaction banking, financial market, corporate and structured finance, trade and supply chain financing, and industry specific banking and treasury services, as well as online banking services. It serves individuals; micro, small, and medium enterprises; commercial business and private wealth clients; and commercial, corporate, institutional, and government customers. The company was formerly known as Bank of New South Wales and changed its name to Westpac Banking Corporation in October 1982. The company was founded in 1817 and is based in Sydney, Australia.

Financial highlights

Market Capitalization$74146.7962 million
P/E Ratio11.54
P/E Growth Ratio1.2665
Book Value20.728
Dividend Per Share1.34
Earnings Per Share1.74
EBITDA
Profit Margin0.3241
Operating Margin TTM0.5133
Return on Assets TTM0.0065
Return on Equity TTM0.0898
Revenue TTM19,793,000.448

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
1988-09-30
1989-09-30
1990-09-30 5,174,271.734
1991-09-30 4,547,863.81
1992-09-30 4,575,125.142
1993-09-30 4,481,758.512
1994-09-30 4,306,417.152
1995-09-30 4,382,703.36
1996-09-30 4,754,546.44
1997-09-30 5,087,088.766
1998-09-30 5,627,835.72
1999-09-30 5,759,351.636
2000-09-30 6,253,454.2
2001-09-30 7,945,242.8
2002-09-30 7,264,019.76
2003-09-30 7,330,891.15
2004-09-30 8,007,987.83
2005-09-30 8,818,675.2
2006-09-30 9,104,000
2007-09-30 10,154,000
2008-09-30 10,984,000
2009-09-30 16,802,000
2010-09-30 16,864,000
2011-09-30 16,913,000
2012-09-30 17,976,000
2013-09-30 18,639,000 0 17,748,000 7,321,000
2014-09-30 19,802,000 0 19,287,000 7,770,000
2014-12-31 34,275,000 0 34,275,000 0
2015-09-30 20,596,000 0 20,889,000 8,127,000
2015-10-31 33,079,000 4,374,000 0 0
2015-12-31 35,155,000 0 35,155,000 0
2016-09-30 20,954,000 0 19,861,000 8,338,000
2016-10-31 34,856,000 4,079,000 0 0
2016-12-31 34,631,000 0 34,631,000 0
2017-09-30 21,506,000 0 20,797,000 8,387,000
2017-10-31 39,122,000 5,092,000 0 0
2017-12-31 37,945,000 0 37,945,000 0
2018-09-30 22,345,000 0 21,297,000 8,694,000
2019-09-30 20,631,000 20,631,000 -10,888,000
2020-09-30 19,906,000 19,906,000 -15,642,000
2021-09-30 21,020,000 21,020,000 -12,524,000
2022-09-30 69,000 69,000 14,485,000

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
1988-09-30
1989-09-30
1990-09-30 10,696,702.227 107,159,460.874 100,277,720.67 6,263,464.538
1991-09-30 9,684,783.073 106,099,120.092 98,848,590.204
1992-09-30 12,539,112.93 110,452,124.682 103,805,508.204
1993-09-30 1,618,373.904 105,020,845.44 97,870,629.024 3,434,474.736
1994-09-30 1,077,685.216 93,847,790.352 86,550,310.308 2,602,334.16
1995-09-30 1,049,361.04 105,779,298.016 98,200,211.816 2,914,524.2
1996-09-30 1,290,357.082 121,835,695.338 113,923,639.172 7,245,179.788
1997-09-30 1,247,760.89 118,848,294.636 110,650,140.424
1998-09-30 1,600,334.032 137,434,634.352 128,816,256.688 5,170,283.984
1999-09-30 743,043.264 140,251,868.368 131,252,737.748 5,606,236.904 1,853,469.924
2000-09-30 1,456,990.36 167,618,360 158,356,985.12 4,914,349.28 20,380,000 2,258,242.96
2001-09-30 1,079,108.8 189,884,609.2 180,178,715.2 27,993,948.4 25,762,000 2,233,268.4
2002-09-30 2,123,583.87 191,054,402.07 180,585,667.71 7,361,634.63 17,507,000 3,974,582.82
2003-09-30 1,786,766.85 221,372,324.47 207,373,778.26 11,460,307.87 25,307,000 4,444,122.98
2004-09-30 2,321,175.81 244,994,678.3 228,683,230.29 14,649,931.4 28,436,000 4,232,813.2
2005-09-30 2,194,490.88 260,145,008.64 242,906,895.36 19,552,112.64 28,422,000 5,304,337.92
2006-09-30 2,943,000 299,578,000 283,480,000 37,494,000 29,939,000 5,519,000
2007-09-30 2,996,000 374,821,000 356,990,000 48,028,000 46,571,000 6,125,000
2008-09-30 5,736,000 439,548,000 419,776,000 38,340,000 64,851,000 6,744,000
2009-09-30 4,038,000 589,587,000 553,016,000 2,440,000 100,683,000 23,684,000
2010-09-30 5,786,000 618,277,000 578,159,000 2,415,000 168,866,000 24,686,000
2011-09-30 17,997,000 670,228,000 626,420,000 2,867,000 114,528,000 25,456,000
2012-09-30 14,416,000 674,965,000 628,746,000 2,543,000 164,682,000 26,355,000
2013-09-30 13,270,000 696,603,000 649,122,000 1,772,000 104,884,000 27,021,000
2014-09-30 27,288,000 770,842,000 721,505,000 1,418,000 113,260,000 26,943,000
2014-12-31 46,984,000 801,510,000 730,610,000 97,895,000 260,153,000 -2,746,000
2015-09-30 16,079,000 812,156,000 758,241,000 823,000 149,031,000 29,280,000
2015-10-31 325,121,000 821,040,000 773,540,000 63,659,000 118,866,000 11,168,000
2015-12-31 54,083,000 787,465,000 712,283,000 38,865,000 282,223,000 20,000
2016-09-30 18,405,000 839,202,000 781,021,000 936,000 163,655,000 33,469,000
2016-10-31 347,081,000 880,625,000 827,637,000 77,180,000 124,543,000 13,325,000
2016-12-31 77,360,000 814,949,000 738,899,000 54,628,000 293,910,000 20,000
2017-09-30 19,445,000 851,875,000 790,533,000 392,000 152,469,000 34,889,000
2017-10-31 388,197,000 940,853,000 883,581,000 110,995,000 94,744,000 13,733,000
2017-12-31 80,395,000 851,733,000 774,342,000 56,424,000 323,877,000 20,000
2018-09-30 27,786,000 879,592,000 815,019,000 26,266,000 162,213,000 36,054,000
2019-09-30 20,059,000 906,626,000 841,119,000 25,838,000 177,445,000 37,508,000
2020-09-30 30,759,000 911,946,000 843,872,000 16,477,000 156,474,000 40,509,000
2021-09-30 71,917,000 935,870,000 863,778,000 19,595,000 161,926,000 41,601,000
2022-09-30 105,734,000 1,014,198,000 943,689,000 29,252,000 144,647,000 39,666,000

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
1990-09-30 684,926.316 3,458,078.088 -289,142.638 552,594.48
1991-09-30 476,705.306 476,705.306 -176,102.906 920,833.47
1992-09-30 -1,555,433.64 2,388,163.104 139.626 920,833.47 1,099,554.624 307,875.33
1993-09-30 39,358.704 1,084,931.232 -155.568 1,099,554.624 717,060.612 207,216.576
1994-09-30 704,629.94 3,054,297.18 135.116 717,060.612 285,364.992
1996-09-30 1,134,992.978 407,606.484
1997-09-30 1,289,789.28 4,960.728 407,606.484 321,349.504 685,407.252
1998-09-30 1,273,077.368 1,989,700.264 -168.776 321,349.504 403,094.84 709,534.304
1999-09-30 1,456,352.536 501,186.36 -58,088.572 403,094.84 345,006.268 631,157.624
2000-09-30 1,714,864.76 2,169,828.88 491,803.32 344,446.52 836,249.84 764,413.4
2001-09-30 1,902,639.2 3,651,120 243,408 835,700.8 1,079,108.8 835,700.8
2002-09-30 2,191,730.1 3,766,460.55 589,372.8 1,079,288.94 1,668,661.74 979,832.28
2003-09-30 2,183,826.15 6,092,654.37 117,647.2 1,669,119.65 1,786,766.85 1,039,707.13
2004-09-30 2,578,168.04 5,491,662.84 13,742.9 1,785,202.71 1,798,945.61 1,678,008.09
2005-09-30 2,822,238.72 4,570,214.4 43,338.24 1,803,133.44 1,846,471.68 1,438,041.6
2006-09-30 3,067,684 -1,027,473.2 -373,748.4 2,849,329.2 2,475,580.8 1,626,274.4
2007-09-30 3,453,442 -1,275,758 -889,540 3,133,658 2,244,118 1,630,448
2008-09-30 3,864,104.04 -10,742,057.4 2,569,743.06 2,245,836.5 4,815,579.56 1,875,115.32
2009-09-30 3,446,000 20,761,000 -1,537,000 4,809,000 3,272,000 71,000
2010-09-30 6,346,000 468,000 1,192,000 3,272,000 4,464,000 2,809,000
2011-09-30 6,991,000 -12,014,000 11,794,000 4,464,000 16,258,000 3,828,000
2012-09-30 5,970,000 18,484,000 -3,735,000 16,258,000 12,523,000 4,050,000
2013-09-30 6,816,000 25,580,000 -824,000 12,523,000 11,699,000 5,028,000
2014-09-30 7,561,000 28,371,000 14,061,000 11,699,000 25,760,000 5,837,000
2014-12-31 3,467,000 1,086,000 -12,899,000 25,760,000 25,760,000 904,000
2015-09-30 8,012,000 -541,000 -10,990,000 25,760,000 14,770,000 4,340,000
2015-10-31 7,663,000 18,458,000 -3,798,000 14,770,000 3,559,000
2015-12-31 6,127,000 -4,463,000 -2,039,000 14,770,000 1,455,000
2016-09-30 7,445,000 5,497,000 2,245,000 14,770,000 17,015,000 5,402,000
2016-10-31 7,803,000 20,038,000 1,848,000 17,015,000 3,775,000
2016-12-31 5,979,000 5,383,000 -8,192,000 17,015,000 1,746,000
2017-09-30 7,990,000 2,820,000 1,382,000 17,015,000 18,397,000 4,839,000
2017-10-31 8,897,000 29,265,000 10,455,000 18,397,000 4,145,000
2017-12-31 6,111,000 -4,505,000 3,035,000 18,397,000 2,085,000
2018-09-30 8,099,000 19,802,000 8,034,000 18,397,000 26,431,000 5,769,000
2019-09-30 6,790,000 7,104,000 -6,729,000 26,788,000 20,059,000 -4,977,000
2020-09-30 2,292,000 58,651,000 10,070,000 20,059,000 30,129,000 -2,518,000
2021-09-30 5,463,000 50,410,000 41,224,000 30,129,000 71,353,000 -2,846,000
2022-09-30 5,699,000 16,954,000 33,904,000 71,353,000 105,257,000 -4,337,000