Westpac Banking Corporation

Company description

Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, and internationally. The company operates through four divisions: Consumer, Business, Westpac Institutional Bank, Westpac New Zealand, Specialist Businesses, and Group Businesses. It offers everyday banking, savings, term deposit, business transaction, foreign currency, and specialized accounts; home, personal, and business loans; credit cards; international and travel services; share trading services; investment; and home, car, travel, life, and business insurance products. The company also provides merchant and payment, 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 headquartered in Sydney, Australia.

Financial highlights

Market Capitalization$76603.15 million
P/E Ratio0
P/E Growth Ratio
Book Value18.858
Dividend Per Share0.31
Earnings Per Share0.637
EBITDA
Profit Margin0.1347
Operating Margin TTM0.3458
Return on Assets TTM0.0025
Return on Equity TTM0.0343
Revenue TTM17,004,999.68

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2016-12-31
2017-12-31 21,506,000
2018-12-31 22,152,000
2019-12-31 20,570,000
2020-12-31 19,859,000
2021-12-31 21,020,000
2022-12-31 20,409,000

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2016-12-31 839,202,000 781,082,000 163,655,000 33,469,000
2017-12-31 19,445,000 851,875,000 790,533,000 184,436,000 34,889,000
2018-12-31 27,786,000 879,592,000 815,019,000 189,861,000 36,054,000
2019-12-31 20,059,000 906,626,000 841,119,000 213,167,000 37,508,000
2020-12-31 30,129,000 911,946,000 843,872,000 179,255,000 40,509,000
2021-12-31 71,353,000 935,877,000 863,842,000 135,181,000 41,601,000
2022-12-31 105,734,000 1,014,198,000 943,689,000 146,870,000

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2016-12-31 5,497,000 2,245,000 17,015,000 5,402,000
2017-12-31 7,990,000 -20,225,000 1,389,000 17,015,000 18,397,000 4,839,000
2018-12-31 8,095,000 -4,158,000 8,002,000 18,397,000 26,431,000 5,769,000
2019-12-31 6,784,000 5,991,000 -6,729,000 26,788,000 20,059,000 4,977,000
2020-12-31 2,290,000 29,741,000 10,070,000 20,059,000 30,129,000 2,518,000
2021-12-31 5,458,000 50,403,000 41,224,000 30,129,000 71,353,000 2,846,000
2022-12-31 5,694,000 16,954,000 33,000,000 71,353,000 105,257,000 4,337,000