Westpac Banking Corp Sponsored

Westpac Banking Corp. engages in the provision of banking and financial services. It operates through the following segments: Consumer, Business, Westpac Institutional Bank, Westpac New Zealand, Specialist and Group. The Consumer segment provides banking products, including mortgages, credit cards, personal loans, and savings and deposit products. The Business segment serves the banking needs of SME and commercial customers, including agribusiness and provides banking and advisory services to high net worth individuals through private wealth. The Westpac Institutional Bank segment provides a broad range of financial products and services to corporate, institutional and government customers. The Westpac New Zealand segment provides banking, wealth and insurance products and services for consumer, business and institutional customers in New Zealand. The Specialist segment comprises the operations that Westpac ultimately plans to exit with agreements in place for the sale of Westpac Life Insurance and motor vehicle dealer finance and notated leasing businesses. The Group segment includes the results of unallocated support functions such as treasury, chief operating office and core support. It also includes group-wide elimination entries arising on consolidation, centrally raised provisions and other unallocated revenue and expenses. The company was founded in 1817 and is headquartered in Sydney, Australia.

Westpac Banking Corp. engages in the provision of banking and financial services. It operates through the following segments: Consumer, Business, Westpac Institutional Bank, Westpac New Zealand, Specialist Businesses and Group Businesses. The Consumer segment provides banking products, including mortgages, credit cards, personal loans, and savings and deposit products. The Business segment serves the banking needs of SME and commercial customers, including agribusiness and provides banking and advisory services to high net worth individuals through private wealth. The Westpac Institutional Bank segment provides a broad range of financial products and services to corporate, institutional and government customers. The Westpac New Zealand segment provides banking, wealth and insurance products and services for consumer, business and institutional customers in New Zealand. The Specialist Businesses segment comprises the operations that Westpac ultimately plans to exit with agreements in place for the sale of Westpac Life Insurance and motor vehicle dealer finance and notated leasing businesses. The Group Businesses segment includes the results of unallocated support functions such as treasury, chief operating office and core support. It also includes group-wide elimination entries arising on consolidation, centrally raised provisions and other unallocated revenue and expenses. The company was founded in 1817 and is headquartered in Sydney, Australia.

The Australian bank reported earnings results earlier this week.

Why Shares of Westpac Banking Corp Are Falling This Week

SYDNEY--(BUSINESS WIRE)--Westpac files Annual Report with the US Securities and Exchange Commission

Westpac Banking Corporation (NYSE:WBK) Files Annual Report With the US Securities and Exchange Commission

Westpac Banking Corporation's (WBK) CEO Peter King on Q4 2021 Results - Earnings Call Transcript

SYDNEY--(BUSINESS WIRE)--Westpac 2021 Full Year Result

Westpac 2021 Full Year Result

Australia's Westpac Banking Corp plans to return A$5.7 billion ($4.28 billion) to shareholders in the form of a buyback and dividends as the No.2 lender's annual profit more than doubled with the release of funds set aside to cover the pandemic's fallout.

Australia's Westpac to return $4.3 billion to shareholders as profit doubles

SYDNEY--Westpac Banking Corp. said its annual net profit more than doubled and it would seek to buy back shares worth up to 3.50 billion Australian dollars (US$2.63 billion).

Dow Jones Newswires: Australia's Westpac to buy back billions in stock as annual profit doubles

Lloyds Banking Group

LYG vs. WBK: Which Stock Is the Better Value Option?

LYG vs. WBK: Which Stock Should Value Investors Buy Now?

Westpac Banking Corp said on Wednesday it would launch a digital credit card this year that would offer zero interest and be aimed primarily at young customers who are seeking the convenience of fast and efficient payment services.

Westpac to launch zero-interest digital card with young consumers in focus

SYDNEY (Reuters) -Australia's Westpac Banking Corp said on Tuesday it will take a one-off charge of A$1.3 billion ($956 million) against its second-half profit after its institutional banking unit quit energy trading, among other reasons.

Australia's Westpac flags $950 million profit hit, led by energy exit costs

Westpac Bank has one of the strongest credit ratings in the world. WBK is a large diversified bank with strong competitive advantages.

Westpac Banking: Financial Powerhouse Offering Attractive Dividend Income

Deutsche Bank

DB vs. WBK: Which Stock Is the Better Value Option?

DB vs. WBK: Which Stock Should Value Investors Buy Now?

Westpac Banking Corp said on Tuesday it would consider returning capital to shareholders as Australia's post-pandemic economic rebound allows its big banks to return some of their record levels of cash.

Australia's Westpac mulls paying back investors, flags lower margins

Australia's second largest lender Westpac Banking Corp said on Monday it is selling its Australian life insurance business to Japan's Dai-ichi Life Holdings for A$900 million ($660 million).

Westpac to sell Australian life insurance unit for $660 million

Westpac Banking Corp said on Friday that it started legal proceedings against Forum Finance after it discovered a potential fraud regarding equipment leases arranged by the financial services provider for the lender's customers.

Australia's Westpac files lawsuit against Forum Finance for alleged fraud

Westpac's 1H FY 2021 cash earnings beat market expectations, thanks to net interest margin expansion and a significant credit impairment benefit. The bank's earnings growth outlook in the medium term is dependent on the success of its new cost reset program which is targeting annualized expense reductions of around A$2 billion.

Westpac Banking: Market's Focus On Cost Reset Program And Dividends

Does Westpac Banking Corporation (WBK) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Westpac Banking Corporation (WBK) is a Great Momentum Stock to Buy

Australia's corporate watchdog accused Westpac Banking Corp of insider trading while financing a A$16 billion ($12 billion) energy grid privatisation in 2016, the latest in a series of regulatory problems for the country's No. 2 lender.

Australian regulator accuses Westpac of insider trading in $12 billion grid sale

Westpac Banking Corporation (WBK) CEO Peter King on Q2 2021 Results - Earnings Call Transcript

Hillenbrand

Herbalife

When screening the market for value opportunities, one method is to pick securities whose trailing 12-month price-to-free-cash-flow ratios are low compared to that of the S&P 500 index, which stands at 15.35 as of the writing of this article. In my view, these securities could be trading at compelling prices.

A Trio of Low Price-to-Free-Cash-Flow Ratio Stocks

As of late, it has definitely been a great time to be an investor in Westpac Banking (WBK).

Westpac Banking's (WBK) Shares March Higher, Can It Continue?

Australian regulators have recently removed the cap on dividends for banks, and Westpac currently offers consensus forward FY 2021 and FY 2022 dividend yields of 4.4% and 5.3%, respectively. Westpac's focus on divesting non-core businesses supports the case with regard to further upside for its future dividend payouts.

Westpac Banking: Upside To Future Dividends

Centrais Eletricas Brasileiras

Shinhan Financial Group

Picking stocks whose market capitalization surpasses $2 billion and whose price-book ratio is trading below 1.5 could grant investors a higher chance of unearthing value opportunities.

A Trio of Low Price-Book Ratio Stock Picks to Consider

National Australia Bank Ltd

RBA's efforts to aid economic growth by cutting rates will likely hurt banks like Australia and New Zealand Banking Group (ANZBY), Commonwealth Bank of Australia (CMWAY), Westpac Banking (WBK) and National Australia Bank (NABZY).

Australian Banks to Get Hurt as RBA Cuts Interest Rates

SYDNEY--(BUSINESS WIRE)--Westpac FY20 Annual Results Media Release

Westpac 2020 Full Year Result

Westpac Banking Corporation (WBK) CEO Peter King on Q4 2020 Results - Earnings Call Transcript

News for Westpac Banking Corp Sponsored Stock (WBK)