Westpac Banking Corporation
WBC.AXFinancial ServicesASXBanks - Diversified
Scan Results
Daily timeframeWestpac Banking Corporation provides banking and other financial services in Australia, New Zealand, the Pacific Islands, Asia, the Americas, and Europe. Valued at $123.12B, WBC.AX is a large-cap name in its sector. It operates through the Consumer, Business & Wealth, Institutional, and New Zealand segments.
Market Cap
$123.12B
Beta
0.75
P/E (TTM)
17.76
P/E (Fwd)
16.38
EPS (TTM)
$2.03
EPS (Fwd)
$2.20
ROE
9.8%
ROA
0.6%
Cash
$132.74B
Total Debt
$258.10B
Free CF
—
52W Change
10.3%
Annual Financials
Cash vs Debt
The company holds $132.74B in cash, though total debt stands at $258.10B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Return on equity stands at 9.8%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 0.6% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $21.02B (2021) to $21.59B (2024).
As with any equity investment, WBC.AX carries market risk, sector-specific risk, and company-specific risk that investors should evaluate in the context of their own portfolios. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Westpac Banking Corporation and its sector.