Westpac Banking Corp (ASX: WBC) Share Price and News

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Westpac Banking Corp Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $90.94 billion
P/E Ratio 21.14
Dividend Yield 3.60%
Shares Outstanding 3.67 billion
Earnings per share 1.169
Dividend per share 0.89
Year To Date Return 30.56%
Earnings Yield 4.73%
Franking 100%
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as at 24 Feb 3:44pm

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Westpac Banking Corp (ASX: WBC)
Latest News

Dividend Payment History Data provided by Morningstar.

Data provided by Morningstar.
Ex-Date Amount Franking Type Payable
13 May 2021 $0.5800 100.00% Interim 25 Jun 2021
11 Nov 2020 $0.3100 100.00% Final 18 Dec 2020
12 Nov 2019 $0.8000 100.00% Final 20 Dec 2019
16 May 2019 $0.9400 100.00% Interim 24 Jun 2019
13 Nov 2018 $0.9400 100.00% Final 20 Dec 2018
17 May 2018 $0.9400 100.00% Interim 04 Jul 2018
13 Nov 2017 $0.9400 100.00% Final 22 Dec 2017
18 May 2017 $0.9400 100.00% Interim 04 Jul 2017
14 Nov 2016 $0.9400 100.00% Final 21 Dec 2016
12 May 2016 $0.9400 100.00% Interim 04 Jul 2016
11 Nov 2015 $0.9400 100.00% Final 21 Dec 2015
13 May 2015 $0.9300 100.00% 02 Jul 2015
10 Nov 2014 $0.9200 100.00% 19 Dec 2014
14 May 2014 $0.9000 100.00% Interim 02 Jul 2014
13 May 2013 $0.1000 100.00% Special Cash 02 Jul 2013
13 May 2013 $0.8600 100.00% Interim 02 Jul 2013
14 May 2012 $0.8200 100.00% Interim 02 Jul 2012
16 May 2011 $0.7600 100.00% Interim 04 Jul 2011
18 May 2009 $0.5600 100.00% Interim 02 Jul 2009

WBC ASX Announcements

An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
YesNo

About Westpac Banking Corp

Westpac Banking Corp (WBC) is Australia's oldest banking and financial services group, with branches and operations throughout Australia, New Zealand and the near Pacific region as well as offices in key financial centres around the world including London, New York, Hong Kong and Singapore.

Established in 1817 as the Bank of New South Wales, the company changed its name to Westpac Banking Corporation in 1982 and is one of Australia’s “big four” banks in terms of market capitalisation, earnings and customers. Westpac is also one of the largest listed companies on the ASX.

Westpac serves nearly 13 million customers and provides a broad range of consumer, business and institutional banking and wealth management services. Its business portfolio is organised in the following five key divisions: Consumer Bank, Commercial and Business Bank, BT Financial Group, Westpac Institutional Bank and Westpac New Zealand.

WBC Share Price History Data provided by Morningstar.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
27 Jul 2021 $24.79 $0.17 0.69% 4,923,996 $24.70 $24.83 $24.57
26 Jul 2021 $24.62 $-0.09 -0.36% 4,382,882 $24.71 $24.76 $24.53
23 Jul 2021 $24.71 $-0.22 -0.88% 3,593,670 $24.60 $24.82 $24.60
22 Jul 2021 $24.93 $0.17 0.69% 5,058,349 $24.83 $24.93 $24.75
21 Jul 2021 $24.76 $0.24 0.98% 5,212,250 $24.70 $24.92 $24.69
20 Jul 2021 $24.52 $-0.17 -0.69% 7,410,376 $24.28 $24.67 $24.13
19 Jul 2021 $24.69 $-0.22 -0.88% 4,841,080 $24.50 $24.76 $24.33
16 Jul 2021 $24.91 $-0.08 -0.32% 5,496,313 $24.89 $24.95 $24.78
15 Jul 2021 $24.99 $-0.28 -1.11% 6,903,675 $25.24 $25.26 $24.97
14 Jul 2021 $25.27 $-0.06 -0.24% 6,256,810 $25.30 $25.41 $25.17
13 Jul 2021 $25.33 $-0.19 -0.74% 6,903,250 $25.70 $25.76 $25.33
12 Jul 2021 $25.52 $0.15 0.59% 3,092,332 $25.54 $25.63 $25.46
09 Jul 2021 $25.37 $-0.16 -0.63% 5,723,978 $25.29 $25.37 $25.17
08 Jul 2021 $25.53 $-0.07 -0.27% 4,028,792 $25.60 $25.73 $25.44
07 Jul 2021 $25.60 $0.15 0.59% 3,315,810 $25.30 $25.64 $25.30
06 Jul 2021 $25.45 $-0.08 -0.31% 3,784,251 $25.65 $25.75 $25.45
05 Jul 2021 $25.53 $-0.11 -0.43% 3,965,667 $25.58 $25.73 $25.48
02 Jul 2021 $25.64 $-0.01 -0.04% 4,878,907 $25.80 $25.91 $25.56
01 Jul 2021 $25.65 $-0.16 -0.62% 3,932,653 $25.94 $25.94 $25.61
30 Jun 2021 $25.81 $-0.05 -0.19% 4,992,799 $25.94 $26.10 $25.81
29 Jun 2021 $25.86 $0.04 0.15% 4,319,878 $25.65 $25.89 $25.56

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
04 Feb 2021 Michael Hawker Buy 4 $99,501
On-market trade.
17 Dec 2020 Peter King Issued 199 $3,399,982
Issue of securities. 460,630 - Performance share rights
04 Dec 2020 Margaret (Margie) Seale Buy 100 $10,000
As advised by the company. Participation in Westpac Capital Notes 7 Offer
17 Nov 2020 John McFarlane Buy 7 $133,490
On-market trade.
13 Nov 2020 John McFarlane Buy 3 $54,870
On-market trade.
10 Nov 2020 John McFarlane Buy 500 $9,425
On-market trade.
09 Nov 2020 John McFarlane Buy 4 $79,830
On-market trade.
06 Nov 2020 John McFarlane Buy 5 $88,850
On-market trade.
04 Nov 2020 John McFarlane Buy 5 $88,250
On-market trade.
03 Nov 2020 John McFarlane Buy 5 $88,600
On-market trade.
30 Oct 2020 Peter King Expiry 85 $1,534,707
As advised by the company. 261,105 - share rights
Lapse of share rights

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Dr Nora Lia Scheinkestel Non-Executive Director Mar 2021
Dr Scheinkestel has board experience across a range of industries and has financial and risk management knowledge and understanding of governance. Dr Scheinkestel is an experienced company director having served as a non-executive director across a range of public and private companies and government boards. She has also been a member of the Takeovers Panel. Prior to her Board roles, Dr Scheinkestel was a senior banking executive and lawyer focusing on Australian and international project finance. Dr Scheinkestel is currently a non-executive Director of Telstra Corporation Limited, Brambles Limited and AusNet Services Limited and is an Associate Professor in the Melbourne Business School at the University of Melbourne. In 2003, Dr Scheinkestel was awarded a centenary medal for services to Australian society in business leadership. She will also appointed as a member of the Risk Committee of WBC from 01/03/2021.
Mr Craig W Dunn Non-Executive Director Jun 2015
Mr Dunn has more than 20 years experience in financial services, including as CEO of AMP Limited. He was formerly a director of Financial Literacy Australia Limited, and a Board Member of the Australian Japanese Business Cooperation Committee, Jobs for New South Wales, and the New South Wales Government's Financial Services Knowledge Hub. He was Chairman of Stone and Chalk Limited and of the Investment and Financial Services Association (now the Financial Services Council). He was also a Member of the Financial Services Advisory Committee, the Australian Financial Centre Forum, the Consumer and Financial Literacy Taskforce and a Panel Member of the Australian Government's Financial System Inquiry. He is a Director of Telstra Corporation Limited (Since April 2016). He is also Chairman of The Australian Ballet, International Standards Technical Committee on Blockchain and Distributed Ledger Technologies (ISO/TC 307), and consultant to King & Wood Mallesons. He is a member of the Governance and Risk Committees.
Mr John M McFarlane Non-Executive DirectorNon-Executive Chairman Feb 2020
Mr McFarlane is a senior in global banking and financial services and has 45 years of experience in the sector. He was formerly Chairman of Barclays plc, Aviva plc and FirstGroup plc, and Chairman of The City UK. He was also a Non-executive Director of Westfield Group/Westfield Corporation, The Royal Bank of Scotland Group, Capital Radio plc and was a council Member of The London Stock Exchange. He served as Chief Executive Officer of Australia and New Zealand Banking Group Limited from 1997 to 2007, and as Group Executive Director at Standard Chartered. He also held senior positions at Citicorp including as Managing Director of Citicorp Investment Bank Ltd and Head of Citicorp and Citibank in the UK and Ireland. He began his career at Ford Motor Co. He is a Director of Unibail-Rodamco-Westfield SE (Since June 2018), Barclays plc (January 2015 to May 2019) and Westfield Corporation Limited (July 2014 to June 2018). He is also a Director of Old Oak Holdings Ltd. He is Chairman of the Governance Committee.
Mr Michael John Hawker Non-Executive Director Dec 2020
Mr Hawker has experience in the financial services industry including management experience in regulated entities in Australia and internationally. Mr Hawker is currently a Non-executive Director of the BUPA Global Board UK and the BUPA ANZ Group. He is the Lead Independent Director of Washington H. Soul Pattinson and Company Ltd, a board member of the Museum of Contemporary Art Australia and a Director of Rugby World Cup Limited. Mr Hawker is also currently a Non-executive Director of Macquarie Bank Limited and Macquarie Group Limited and will retire from those boards prior to his commencement at Westpac. Mr Hawker has also held a number of previous Non-executive Director positions with both Australian and international companies, including Aviva plc. Mr Hawker was also President of the Insurance Council of Australia, Chairman of the Australian Financial Markets Association, a board member of the Geneva Association and a member of the Financial Sector Advisory Council.
Mr Christopher James Lynch Non-Executive Director Sep 2020
Mr Lynch was formerly the Global Chief Financial Officer of Rio Tinto based in London from 2013 to 2018, was the Chief Executive Officer of Transurban Group from 2008 to 2012 and the Group President, Carbon Steel Materials and Chief Financial Officer of BHP Billiton. Mr Lynch also held a number of executive positions at Alcoa (including in the USA, Europe and Australia). Mr Lynch will become a Board Risk Committee upon his appointment.
Mr Peter Ralph Marriott Non-Executive Director Jun 2013
Mr Marriott has over 30 years experience in senior management roles in the finance industry, encompassing international banking, finance and auditing. He served at Australia and New Zealand Banking Group Limited (ANZ) in 1993 and was Chief Financial Officer from July 1997 to May 2012. Prior to his career at ANZ, he was a banking and finance, audit and consulting partner at KPMG Peat Marwick. He was formerly a Director of ANZ National Bank Limited in New Zealand and ANZ subsidiaries. He is a Director of Austraclear Limited. He is a member of Monash University Council and Chairman of the Monash University Council's Resources and Finance Committee. He is a Chairman of the Risk Committee and a member of the Legal, Regulatory & Compliance, Governance and Technology Committees.
Ms Margaret (Margie) Leone Seale Non-Executive Director Mar 2019
Ms Seale has more than 25 years experience in senior executive roles in Australia and overseas, including in consumer goods, global publishing, sales and marketing, and the transition of traditional business models to digital environments. Prior to her non-executive career, she was the Managing Director of Random House Australia and New Zealand and President, Asia Development for Random House Inc. She was a Director and then Chair of Penguin Random House Australia Pty Limited, and a Director of Ramsay Health Care Limited, Bank of Queensland Limited and the Australian Publishers Association. She also served on the Boards of Chief Executive Women (chairing its Scholarship Committee), the Powerhouse Museum, and the Sydney Writers Festival. She is a Director of Telstra Corporation Limited (Since May 2012), Scentre Group Limited (Since February 2016), Ramsay Health Care Limited (April 2015 to October 2018) and Bank of Queensland Limited (January 2014 to June 2018). She is a member of the Legal, Regulatory & Compliance Committees.
Ms Nerida Frances Caesar Non-Executive Director Sep 2017
Ms Caesar has over 33 years of ranging commercial and business management experience, in technology led businesses. She was Group Managing Director and Chief Executive Officer, Australia and New Zealand, of Equifax and was also a former director of Genome.One Pty Ltd and Stone and Chalk Limited. Before Equifax, she held senior management roles at Telstra, including Group Managing Director, Enterprise and Government and Group Managing Director, Wholesale. She also held Executive and senior management positions with IBM within Australia and internationally, including as Vice President of IBM's Intel Server Division for the Asia Pacific region. She is a Chairman of Workplace Giving Australia Limited and Director of Spark Investment Holdco Pty Ltd. She is a member of the Advisory Board of IXUP Limited and a Advisor to Equifax Australia and New Zealand and Carla Zampatti Pty Ltd. She is a member of the Legal, Regulatory and Compliance and Board Technology Committees.
Mr Peter Stanley Nash Non-Executive Director Mar 2018
Mr Nash was formerly a Senior Partner with KPMG, having been admitted to the Australian partnership in 1993. He served as the National Chairman of KPMG Australia and served on KPMG's Global and Regional Boards. His previous positions with KPMG had include Regional Head of Audit for Asia Pacific, National Managing Partner for Audit in Australia and head of KPMG Financial Services. He has had work in geographically operating environments providing advice on a range of topics including business strategy, risk management, internal controls, business processes and regulatory change. He has also provided financial and commercial advice to many State and Federal Government businesses. He is a former Member of the Business Council of Australia and its Economic and Regulatory Committee. He is a Chairman of Johns Lyng Group Limited (Since October 2017) and a Director of Mirvac Group (since November 2018), Reconciliation Australia Limited and Golf Victoria Limited. Mr Nash is a Board Member of the Koorie Heritage Trust. He is Chairman of the Legal, Regulatory & Compliance Committees and a member of the Board Risk and Governance Committees.
Mr Steven (Steve) John Harker Non-Executive Director Mar 2019
Mr Harker has over 35 years experience in investment banking. He was formerly Managing Director and Chief Executive Officer of Morgan Stanley Australia, and then Vice Chairman until February 2019. Prior to Morgan Stanley, he had spend 15 years with Barclays de Zoete Wedd (BZW, now Barclays Investment Bank). He was Chairman and Director of Australian Financial Markets Association Limited and a Director of Investa Property Group. He also previously served on the Board of the Centre for International Finance and Regulation and was a Guardian of the Future Fund of Australia. He is a Chairman of the Investment and Executive Committees at Future Now Ventures. He is also a Director of The Banking and Finance Oath Limited, The Hunger Project Australia, and New South Wales Golf Club Foundation Limited. He is a member of the Legal, Regulatory & Compliance Committees.
Mr Peter Francis King Chief Executive OfficerManaging Director Dec 2019
Mr King commenced his career at Deloitte Touche Tohmatsu. He is a Director of Australian Banking Association Incorporated and Institute of International Finance. He is a member of the Technology Committee.
Mr Timothy (Tim) Hartin General ManagerCompany Secretary Nov 2011
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Richard Burton Acting Chief Executive Consumer
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Curt Zuber Acting Chief Executive Westpac Institutional Bank
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Gary Thursby Acting Chief Information Officer
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Alastair Welsh Acting Group Executive Enterprise Services
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David McLean Chief Executive Officer Westpac New Zealand
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Guil Lima Chief Executive Business
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Jason Yetton Chief Executive Specialist Businesses Strategy & Transformation
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Michael Rowland Chief Financial Officer
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David Stephen Chief Risk Officer
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Timothy (Tim) Hartin General ManagerCompany Secretary
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Carolyn McCann Group Executive Customer & Corporate Relations
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Les Vance Group Executive Financial Crime Compliance & Conduct
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Christine Parker Group Executive Human Resources
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Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
Hsbc Custody Nominees (Australia) Limited 804,970,476 22.29%
J P Morgan Nominees Australia Pty Limited 528,649,872 14.64%
Citicorp Nominees Pty Limited 226,608,549 6.27%
National Nominees Limited 120,260,184 3.33%
BNP Paribas Nominees Pty Limited <Agency Lending DRP A/C> 61,608,360 1.71%
BNP Paribas Noms Pty Ltd <Drp> 37,299,817 1.03%
HSBC Custody Nominees (Australia) Limited <NT Comwlth Super Corp A/C> 28,734,255 0.80%
Citicorp Nominees Pty Limited <Colonial First State Inv A/C> 24,073,078 0.67%
Australian Foundation Investment Company Limited 15,545,000 0.43%
Pacific Custodians Pty Limited 13,576,005 0.38%
Argo Investments Limited 11,908,448 0.33%
Milton Corporation Limited 9,985,458 0.28%
Netwealth Investments Limited 8,490,625 0.24%
BNP Paribas Nominees Pty Ltd Hub24 Custodial Serv Ltd <Drp A/C> 6,096,187 0.17%
AMP Life Limited 5,699,451 0.16%
NAVIGATOR AUSTRALIA LTD 4,586,686 0.13%
Australian Executor Trustees Limited 4,322,683 0.12%
Nulis Nominees (Australia) Limited 4,273,616 0.12%
Floralcrest Proprietary Limited 3,600,000 0.10%
Hsbc Custody Nominees (Australia) Limited A/C 2 3,048,930 0.08%

Frequently Asked Questions

Westpac’s 2020 interim dividend decision has been deferred and no dividend will be paid in June 2020.

Westpac typically pays dividends twice each year, in June and December.

Yes. Westpac’s DRP allows eligible shareholders to reinvest some or all of their dividends in additional Westpac ordinary shares with no transaction costs.

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