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 $130.93 billion
P/E Ratio 19.10
Dividend Yield 4.02%
Shares Outstanding 3.41 billion
Earnings per share 1.994
Dividend per share 1.54
Year To Date Return -1.35%
Earnings Yield 5.24%
Franking 100%
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as at 24 Feb 3:44pm

  • Westpac Banking Corp (ASX: WBC)
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    Here's the Westpac dividend forecast through to 2027

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    Frequently Asked Questions

    Westpac traditionally makes two fully-franked dividend payments to shareholders every year, payable 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.

    Westpac listed on the Australian Stock Exchange in July 1970.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    06 Nov 2025 $0.7700 100.00% Final 19 Dec 2025
    08 May 2025 $0.7600 100.00% Interim 27 Jun 2025
    07 Nov 2024 $0.7600 100.00% Final 19 Dec 2024
    09 May 2024 $0.1500 100.00% Special Cash 25 Jun 2024
    09 May 2024 $0.7500 100.00% Interim 25 Jun 2024
    09 Nov 2023 $0.7200 100.00% Final 19 Dec 2023
    11 May 2023 $0.7000 100.00% Interim 27 Jun 2023
    17 Nov 2022 $0.6400 100.00% Final 20 Dec 2022
    19 May 2022 $0.6100 100.00% Interim 24 Jun 2022
    05 Nov 2021 $0.6000 100.00% Final 21 Dec 2021
    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 $0.0000 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
    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
    05 Nov 2008 $0.7200 100.00% Final 17 Dec 2008
    19 May 2008 $0.7000 100.00% Interim 02 Jul 2008
    07 Nov 2007 $0.6800 100.00% Final 18 Dec 2007
    17 May 2007 $0.6300 100.00% Interim 02 Jul 2007
    16 Nov 2006 $0.6000 100.00% Final 13 Dec 2006
    01 Jun 2006 $0.5600 100.00% Interim 03 Jul 2006
    17 Nov 2005 $0.5100 100.00% Final 14 Dec 2005
    04 Jun 2004 $0.4200 100.00% Interim 02 Jul 2004
    20 Nov 2003 $0.4000 100.00% Final 19 Dec 2003

    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 (ASX: WBC) is Australia's oldest banking and financial services group, with 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 after the merger with Commercial Bank of Australia. It  is one of Australia’s 'big four' banks regarding market capitalisation, earnings, and customers. Westpac is also one of the largest listed companies on the ASX.

    Westpac provides a broad range of consumer, business and institutional banking and wealth management services.

    Its portfolio of brands comprises Westpac, St.George, Bank of Melbourne, BankSA, BT and RAMS.

    Its business portfolio comprises six key divisions: Consumer, Business, Westpac Institutional Bank,  Westpac New Zealand, Group Businesses, and Specialist Businesses.

    WBC Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    14 Jan 2026 $38.28 $-0.22 -0.57% 3,218,790 $38.45 $38.70 $37.72
    13 Jan 2026 $38.50 $0.42 1.10% 2,881,135 $38.05 $38.80 $37.97
    12 Jan 2026 $38.08 $0.18 0.47% 2,733,893 $37.75 $38.42 $37.71
    09 Jan 2026 $37.90 $-0.11 -0.29% 2,525,308 $38.01 $38.16 $37.67
    08 Jan 2026 $38.01 $0.49 1.31% 3,546,713 $37.63 $38.15 $37.57
    07 Jan 2026 $37.52 $-0.67 -1.75% 3,655,795 $38.21 $38.30 $37.52
    06 Jan 2026 $38.19 $-0.86 -2.20% 4,006,393 $39.00 $39.02 $37.90
    05 Jan 2026 $39.05 $0.10 0.26% 2,281,507 $38.95 $39.23 $38.91
    02 Jan 2026 $38.95 $0.35 0.91% 1,539,942 $38.50 $38.95 $38.48
    31 Dec 2025 $38.60 $-0.43 -1.10% 2,290,843 $39.10 $39.16 $38.43
    30 Dec 2025 $39.03 $0.09 0.23% 1,650,221 $39.06 $39.22 $38.76
    29 Dec 2025 $38.94 $-0.20 -0.51% 1,710,694 $38.90 $39.08 $38.76
    24 Dec 2025 $39.14 $-0.12 -0.31% 976,032 $39.26 $39.26 $38.82
    23 Dec 2025 $39.26 $0.51 1.32% 3,418,517 $38.59 $39.34 $38.55
    22 Dec 2025 $38.75 $-0.01 -0.03% 2,442,538 $38.75 $39.03 $38.44
    19 Dec 2025 $38.76 $0.51 1.33% 10,720,307 $38.35 $38.93 $38.35
    18 Dec 2025 $38.25 $-0.20 -0.52% 6,055,027 $38.32 $38.55 $38.13
    17 Dec 2025 $38.45 $-0.03 -0.08% 7,012,957 $38.34 $38.50 $38.01
    16 Dec 2025 $38.48 $-0.41 -1.05% 6,720,616 $39.00 $39.47 $38.18

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    06 Nov 2025 Anthony Miller Exercise 63,210 $2,510,069
    Conversion of securities. 3,05,601 Rights
    06 Nov 2025 Anthony Miller Expiry 21,070 $836,689
    As advised by the company. Lapsed
    06 Nov 2025 Anthony Miller Buy 63,210 $2,510,069
    Conversion of securities.
    04 Nov 2025 Philippa (Pip) Greenwood Buy 4,122 $165,733
    On-market trade.
    22 Sep 2025 Debra Hazelton Sell 57 $5,700
    As advised by the company. Redemption by Westpac in accordance with the terms of WBCPH
    22 Sep 2025 Michael Ullmer Sell 800 $80,000
    As advised by the company. Redemption by Westpac in accordance with the terms of WBCPH
    11 Sep 2025 Debra Hazelton Buy 1,150 $43,562
    On-market trade.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Michael James Ullmer Non-Executive Director Apr 2023
    Mr Ullmer has more than 41 years of experience in international banking, finance and professional services. Michael was formerly the Deputy Group Chief Executive Officer of NAB from 2007 until he retired from the Bank in August 2011. He joined NAB in 2004 as Finance Director and held a number of key positions including Chair of the subsidiaries Great Western Bank (US) and JB Were. Prior to NAB, Michael was at CBA, initially as Group Chief Financial Officer and then Group Executive with responsibility for Institutional and Business Banking. Before that, he was a Partner at accounting firms KPMG (1982 to 1992) and Coopers & Lybrand (1992 to 1997). From a philanthropic perspective, throughout his career Michael has been involved in supporting the Arts and Education sectors. He is the Chair of the Board Risk Committee.
    Ms Debra Hazelton Non-Executive Director Mar 2025
    Ms Hazelton has over 30 years of experience in global financial services, with a particular focus on Australia and Japan. Her executive experience includes national CEO roles in Japan (CBA) and Australia (Mizuho Bank) as well as treasury, corporate/project finance, and human resources/organizational culture. Debra is an experienced Chair and Non-executive Director currently serving as Chair of Export Finance Australia, Vice President of the Australia-Japan Business Co-operation Committee, and a director of the boards of Persol Holdings Co., Ltd (Tokyo Stock Exchange) and Australia Post. Debra was previously Chair of AMP Ltd and AMP Bank.
    Mr David Cohen Non-Executive Director Apr 2025
    Mr Cohen has over 21 years of experience in financial services and was Deputy Chief Executive Officer of Commonwealth Bank of Australia (CBA) from November 2018 to December 2023. Prior to this role, David was Group General Counsel, Group Executive Human Resources, Group Executive Corporate Affairs and Chief Risk Officer at CBA. During his 16 years at CBA, he also led the bank through the Hayne Royal Commission into the financial services sector. David's roles prior to joining CBA include General Counsel at AMP and a Partner at Allens Arthur Robinson. He is a Member of the Board Risk Committee.
    Mr Steven Gregg Chairman - electNon-Executive Director Nov 2023
    Mr Gregg has more than 36 years of experience in global financial services, strategy consulting and professional services across Australia, Asia, Europe and the US. He has experience in global investment banking, including through senior roles with ABN Amro, Chase Manhattan, Lehman Brothers and AMP Morgan Grenfell. His most recent executive role was as a partner at McKinsey & Company where he advised clients in Financial Services and other sectors, primarily in Australia and Asia. Steven has served as Chairman and Director for companies across various sectors and is currently Chairman of Ampol Limited and the Lorna Hodgkinson Foundation (and a Director of Unisson Disability Limited). Steven is also a Director of William Inglis & Son Limited. Steven was formerly the Chairman of The Lottery Corporation, Tabcorp Holdings Limited, Goodman Fielder Limited and Austock Group Limited and formerly a Non-executive Director at Challenger Limited. He is the Chair of the Governance Committee.
    Ms Margaret (Margie) Leone Seale Non-Executive Director Mar 2019
    Ms Seale has more than 26 years of 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, Margie was the Managing Director of Random House Australia and New Zealand and President, Asia Development for Random House Inc. Margie was a director and then Chair of Penguin Random House Australia Pty Limited, and a Director of Telstra Corporation Limited, 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 Member of the Board Governance Committee.
    Ms Nerida Frances Caesar Non-Executive Director Sep 2017
    Ms Caesar has over 39 years of commercial and business management experience, in technology-led businesses. Before joining Equifax, Nerida held several senior management roles at Telstra, including Group Managing Director, Enterprise and Government and Group Managing Director, Wholesale. Nerida also held several 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 Member of the Board Risk Committees.
    Mr Peter Stanley Nash Non-Executive Director Mar 2018
    Mr Nash was formerly a Senior Partner with KPMG until September 2017, 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 included Regional Head of Audit for Asia Pacific, National Managing Partner for Audit in Australia and head of KPMG Financial Services. He has also provided financial and commercial advice to many State and Federal Government businesses. He is a Member of the Board Risk & Governance Committees.
    Ms Philippa (Pip) Mary Greenwood Non-Executive Director Aug 2025
    Ms Greenwood has more than 25 years experience in capital markets, mergers and acquisitions, telecommunications and governance, and was one of New Zealand's leading
    commercial lawyers and a partner at Russell McVeagh. During her time with Russell
    McVeagh, Pip also served as Board Chair and interim CEO.For further information:
    Pip is the current Chair of Westpac New Zealand Limited and Chair of The a2 Milk
    Company Limited and is a Non-executive Director of Fisher & Paykel Healthcare
    Corporation Limited.
    Mr Timothy Martin Burroughs Non-Executive Director Mar 2023
    Mr Burroughs has over 41 years of experience in finance, international banking and mergers and acquisitions. Tim was formerly Chairman of Investment Banking at Goldman Sachs Australia, where he worked for 11 years. Prior to this, Tim held senior positions at Merrill Lynch including Chairman of Mergers and Acquisitions. From 1993 to 1997, Tim was Principal at Centaurus Corporate Finance, a leading independent advisory firm. Over the course of his career, Tim has specialized in providing strategic financial advice to corporations and their boards. He has advised on capital restructurings, capital raisings and more than 100 public company acquisitions. He is a Member of the Board Risk Committees.
    Mr Andy Maguire Non-Executive Director Jul 2024
    Mr Maguire has over 36 years of experience in financial services and began his career in banking at Lloyds Banking Group. From 2014 to 2020, he served as Group Chief Operating Officer at HSBC Holdings plc, with responsibility for operations, technology, real estate, change and transformation and operational resilience. Previously, he spent 16 years with the Boston Consulting Group, where he became Managing Partner of the London office covering the UK and Ireland, and a member of the firm's global executive committee, as well as formerly serving as Global Head of Retail Banking. Andy is currently Chair of UK banking software fintech Thought Machine Group. He is also an independent Non-executive Director of AIB Group plc, a financial services group operating predominantly in the Republic of Ireland and the UK. Andy previously held Chair positions with RegTech compliance company Napier AI and IT service management provider CX Holdings (Cennox Group).
    Mr Anthony Miller Chief Executive OfficerManaging Director Dec 2024
    Mr Miller before joining Westpac Group, Anthony was CEO of Australia & New Zealand and Co-Head of Investment Bank, Asia Pacific at Deutsche Bank from 2017. Prior to Deutsche Bank, Anthony was a partner at Goldman Sachs based in Hong Kong within the investment banking division and previously held several roles at Goldman Sachs in Australia and New Zealand having joined the organization in 2001. Before joining Goldman Sachs, Anthony worked at Credit Suisse.
    Mr Timothy (Tim) Hartin General ManagerCompany Secretary Nov 2011
    -
    Carolyn Hoy Acting Group Executive Customer & Corporate Services
    -
    Catherine McGrath Chief Executive Officer Westpac New Zealand
    -
    Paul Fowler Chief Executive Business & Wealth
    -
    Carolyn McCann Chief Executive Consumer
    -
    Nell Hutton Chief Executive Westpac Institutional Bank
    -
    Michael Rowland Chief Financial Officer
    -
    Ryan Zanin Chief Risk Officer
    -
    Fiona Wild Chief Sustainability Officer
    -
    Peter Herbert Chief Transformation Officer
    -
    Timothy (Tim) Hartin General ManagerCompany Secretary
    -
    Scott Collary Group Chief Information Officer Technology
    -
    Shannon Finch Group General Counsel
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited 908,063,861 26.55%
    J P Morgan Nominees Australia Pty Limited 551,713,949 16.13%
    Citicorp Nominees Pty Limited 238,581,359 6.98%
    BNP Paribas Nominees Pty Ltd <Agency Lending A/C> 69,237,624 2.02%
    BNP Paribas Noms Pty Ltd 39,172,236 1.15%
    National Nominees Limited 30,044,569 0.88%
    HSBC Custody Nominees (Australia) Limited <NT Comnwlth Super Corp A/C> 24,425,199 0.71%
    Pacific Custodians Pty Limited <WBC Plans Ctrl A/C> 18,561,498 0.54%
    Netwealth Investments Limited <Wrap Services A/C> 17,743,987 0.52%
    BNP Paribas Nominees Pty Ltd <HUB24 Custodial Serv Ltd> 16,741,749 0.49%
    Australian Foundation Investment Company Limited 13,282,500 0.39%
    Citicorp Nominees Pty Limited <Colonial First State Inv A/C> 12,527,449 0.37%
    HSBC Custody Nominees (Australia) Limited i 6,844,937 0.20%
    Ioof Investment Services Limited <Ips Superfund A/C> 6,824,296 0.20%
    BNP Paribas NOMS (NZ) Ltd 6,265,861 0.18%
    Argo Investments Limited 5,807,648 0.17%
    IOOF Investment Services Limited <IOOF IDPS A/C> 5,445,695 0.16%
    Mutual Trust Pty Ltd 4,900,519 0.14%
    BNP Paribas Nominees Pty Ltd <Clearstream> 4,850,892 0.14%
    UBS Nominees Pty Ltd 4,117,750 0.12%

    Profile

    since

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