Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now

Frankfurt - Delayed Quote EUR

Westpac Banking Corporation (WBC.F)

Compare

18.44

0.00

(0.00%)

As of February 24 at 3:29:02 PM GMT+1. Market Open.

Westpac partners with Accenture to enhance banking with AI agents

These AI agents surpass traditional chatbots by emulating human choices and executing tasks independently.

Retail Banker International 20 hours ago

WEBNF

ACN
Shares of Australia's major banks take a breather after $40 billion wipe off

Shares of the "Big Four" banks logged unprecedented growth last year on strong flows from superannuation funds and retail investors, pushing them to multi-year highs and trading at high multiples to the ASX200 benchmark index. Top lender Commonwealth Bank of Australia lost as much as 10% in the past eight sessions, losing about A$25 billion in market value.

Reuters yesterday

WEBNF
Australia Bank Stocks Lose $26 Billion on Profit Margin Concerns

(Bloomberg) -- A $26 billion rout in Australia bank stocks this week after two of the biggest lenders reported increasing margin pressure is fueling concern about the sector’s profitability.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsChild Migrant Watchdog Gutted in DOGE CutsChicago Council Delays $830 Million Bond Vote Amid ScrutinyNationa

Bloomberg 5 days ago

WEBNF
Westpac Banking First Quarter 2025 Earnings: EPS: AU$0.49 (vs AU$0.48 in 1Q 2024)

Westpac Banking ( ASX:WBC ) First Quarter 2025 Results Key Financial Results Revenue: AU$5.20b (up 1.7% from 1Q 2024...

Simply Wall St. 6 days ago

AGKSWG.AX

AGOSWG.AX

AMCSWG.AX
Westpac enables home loan clients to open multiple offset accounts

St.George, Bank of Melbourne, and BankSA, all part of Westpac group, already offer multiple offset accounts to their customers.

Retail Banker International 6 days ago

WEBNF
RBA Chief Cautions Against Aggressive Easing Bets After Rate Cut

(Bloomberg) -- Australia’s central bank cut interest rates for the first time in four years as price pressures cool while stressing it won’t ease as aggressively as markets anticipate.Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisProgressive Portland Plots a ComebackPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaA Filmmaker’s Surreal Journey Into His Own Private WinnipegTrump Child Refugee Agency Shares Data With Immigration

Bloomberg 7 days ago

ANZGF

ANZGY

AGKSWG.AX
Aussie "Big Four" banks cut rates, mirroring central bank

The Reserve Bank of Australia (RBA) cut its cash rate by 25 basis points to 4.10%, saying progress had been made on inflation, though it remained cautious on further monetary policy easing. The central bank's cut was its first move since raising the rate to a 13-year high of 4.35% in November 2023. Commonwealth Bank of Australia, the country's largest lender, said the change will be implemented on its eligible business lending products and would be effective from February 28.

Reuters 7 days ago

WEBNF
Westpac Shares Drop as Profit Slips, Margin Concern Flagged

(Bloomberg) -- Westpac Banking Corp.’s shares declined as much as 6% after profit and margins slipped and Chief Executive Officer Anthony Miller said the high cost of living in the Australian economy continues to bite into customers’ spending power. Most Read from BloombergProgressive Portland Plots a ComebackWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisA Filmmaker’s Surreal Journey Into His Own Private WinnipegHow to Build a Neurodiverse CitySpaceX Bid to Turn Texas Starb

Bloomberg 8 days ago

WEBNF
Australia's Westpac's first-quarter margin contracts, shares slide

(Reuters) -Shares of Westpac Banking Corp fell as much as 6% on Monday after a core operating measure worsened in the first quarter despite an overall increase in profit helped by a drop in bad loans and growth in lending volumes. Australia's No. 2 mortgage lender posted an unaudited net profit of A$1.7 billion ($1.08 billion) for the three months ended December 31, compared with A$1.5 billion posted a year earlier. The lender's core net interest margin - the difference between interest earned from lending and paid for deposits - fell 2 basis points from the second half of last year to 1.81%.

Reuters 8 days ago

WEBNF
Australian consumers stay cautious in February, survey says

Australian consumer sentiment remained in the doldrums in February, a survey showed on Tuesday, failing to benefit from slowing inflation or speculation about an imminent cut in interest rates. The Westpac-Melbourne Institute index of consumer sentiment edged up a bare 0.1% in February from January, when it dipped 0.7%. The cautious outlook should reassure the Reserve Bank of Australia that consumers were not rushing to spend and stoke inflation, leaving the door open for an easing in monetary policy perhaps as soon as next week.

Reuters 14 days ago

WEBNF
Gold Passes $2,900 to Record as Trump Tariffs Spur Haven Buying

(Bloomberg) -- Gold rose to a new all-time high after US President Donald Trump said he would announce tariffs on steel and aluminum imports Monday, adding to increasing uncertainty in global financial markets.Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperHow London’s Taxi Drivers Navig

Bloomberg 14 days ago

AGKSWG.AX

AGOSWG.AX

AMCSWG.AX
Investing in Westpac Banking (ASX:WBC) three years ago would have delivered you a 91% gain

By buying an index fund, you can roughly match the market return with ease. But many of us dare to dream of bigger...

Simply Wall St. 29 days ago

AGKSWG.AX

AGOSWG.AX

AMCSWG.AX
Australia consumer sentiment index dips 0.7% in Jan

Australian consumer sentiment dipped for a second month in January as financial stress dominated at the start of the new year, a survey showed on Tuesday, suggesting spending will remain subdued in the near term. The Westpac-Melbourne Institute index of consumer sentiment fell 0.7% in January from December, when it dropped 2.0%. The cautious outlook should reassure the Reserve Bank of Australia that consumers are not about to rush out spending and stoke inflation, leaving the door open for some easing in monetary policy in coming months.

Reuters last month

WEBNF
Westpac New Zealand admits to customer overcharges

The admission came as part of a civil proceeding initiated by the FMA at the High Court in Auckland.

Retail Banker International 2 months ago

WEBNF
Westpac admits to overcharging more than 24,000 customers in New Zealand

The Financial Markets Authority (FMA) said it brought civil proceedings against Westpac New Zealand in the High Court in Auckland, where it admitted that 24,621 customers failed to receive advertised benefits under certain packages, resulting in the bank overcharging NZ$6.35 million ($3.59 million). "Westpac's issues stemmed from deficiencies in its systems that meant the bank failed to deliver to them (customers) contractually agreed discounts," Margot Gatland, FMA's head of enforcement, said in a statement on the regulator's website.

Reuters 2 months ago

WEBNF
Australian consumers fret over the economy in December, survey shows

Australian consumer sentiment took a step back in December as concerns about the economic outlook outweighed an improvement in people's own finances, a survey showed on Tuesday. The Westpac-Melbourne Institute index of consumer sentiment fell 2.0% in December, unwinding a little of the sharp gains seen over the previous two months. Westpac Senior Economist Matthew Hassan said the pullback was likely influenced by a disappointing reading on economic growth released in early December.

Reuters 2 months ago

WEBNF
Westpac CFO Michael Rowland to retire in 2025

The latest management change comes about three months after Westpac named Anthony Miller, head of the business and wealth unit, as the bank's new chief executive officer, with CEO Peter King retiring. "Michael has played an important role in the financial management of Westpac since the disruption of COVID-19 and has been instrumental in establishing Westpac’s strong position," Miller said.

Reuters 2 months ago

WEBNF
NAB faces lawsuit over financial hardship response delays

ASIC alleged that NAB missed the 21-day legal deadline for 345 hardship applications between 2018 and 2023.

Retail Banker International 3 months ago

NABZY

WEBNF
Australian consumer sentiment jumps for second month in Nov

Australian consumer sentiment rose sharply in November for a second straight month, reaching a 2-1/2-year high with the mood on the economy and finances finally turning optimistic, a survey showed on Tuesday. The Westpac-Melbourne Institute index of consumer sentiment rose 5.3% in November from October, when it jumped 6.2%. Indeed, readings for future finances and the economic outlook broke above the 100 mark for the first time since the pandemic.

Reuters 3 months ago

WEBNF
Earnings Beat: Westpac Banking Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Westpac Banking Corporation ( ASX:WBC ) came out with its full-year results last week, and we wanted to see how the...

Simply Wall St. 3 months ago

AGKSWG.AX

AGOSWG.AX

AMCSWG.AX

Performance Overview

Return	WBC.F	S&P/ASX 200 [XJO]
YTD	-2.51%	+1.14%
1-Year	+25.50%	+7.83%
3-Year	+63.92%	+17.92%

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

Westpac Banking Corporation (WBC.F)

Westpac partners with Accenture to enhance banking with AI agents

Shares of Australia's major banks take a breather after $40 billion wipe off

Australia Bank Stocks Lose $26 Billion on Profit Margin Concerns

Westpac Banking First Quarter 2025 Earnings: EPS: AU$0.49 (vs AU$0.48 in 1Q 2024)

Westpac enables home loan clients to open multiple offset accounts

RBA Chief Cautions Against Aggressive Easing Bets After Rate Cut

Aussie "Big Four" banks cut rates, mirroring central bank

Westpac Shares Drop as Profit Slips, Margin Concern Flagged

Australia's Westpac's first-quarter margin contracts, shares slide

Australian consumers stay cautious in February, survey says

Gold Passes $2,900 to Record as Trump Tariffs Spur Haven Buying

Investing in Westpac Banking (ASX:WBC) three years ago would have delivered you a 91% gain

Australia consumer sentiment index dips 0.7% in Jan

Westpac New Zealand admits to customer overcharges

Westpac admits to overcharging more than 24,000 customers in New Zealand

Australian consumers fret over the economy in December, survey shows

Westpac CFO Michael Rowland to retire in 2025

NAB faces lawsuit over financial hardship response delays

Australian consumer sentiment jumps for second month in Nov

Earnings Beat: Westpac Banking Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Performance Overview