About Westpac Banking Corporation (ASX: WBC)
Westpac Banking Corporation provides banking and financial services across Australia, New Zealand, the Pacific Islands, Asia, the Americas, and Europe. Operating through its Consumer, Business and Wealth, Institutional, and New Zealand segments, the company serves a broad customer base ranging from individual consumers and small to medium businesses through to high-net-worth individuals and large corporate, institutional, and government clients.
Its product range spans bank accounts, home and personal loans, credit cards, superannuation, insurance, investments, share trading, margin lending, and private banking on the consumer side, alongside payment solutions, foreign exchange, international money transfers, and commercial and agribusiness lending for business customers. Institutional clients are served through corporate and structured finance, transaction banking, and trade and supply chain finance offerings. Formerly known as Bank of New South Wales, the company adopted its current name in October 1982. Founded in 1817, Westpac Banking Corporation is headquartered in Sydney, Australia.
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Latest Announcements
- Westpac Banking Corporation (ASX: WBC) – Suspends Hybrid Notes from Official QuotationMay 15, 2026Westpac Banking Corporation has redeemed EUR 1 billion of 0.766% Notes ahead of their originally scheduled maturity date, triggering the suspension and removal of the securities from official quotation. The notes, trading under ASX code WBCHDF and originally scheduled to mature on 13 May 2031, have been redeemed effective 13 May 2026. The ASX has […]
- Westpac Banking Corporation (ASX: WBC) – Westpac First Half 2026 Investor PresentationMay 5, 2026Westpac’s interim financial results reveal a banking institution operating from a position of significant financial strength, with a Common Equity Tier 1 capital ratio of 12.4% supporting a $2.7 billion surplus above the bank’s target operating level of 11.25%. This capital position, maintained even after accounting for dividend payments, provides material flexibility for capital deployment […]
- Westpac Banking Corporation (ASX: WBC) – Westpac 2026 Half Year ResultsMay 5, 2026Westpac reported a statutory net profit of $3.4 billion for the first half of 2026, down 5 percent from the second half of 2025 but up 3 percent year-on-year. On an adjusted basis, net profit excluding notable items reached $3.5 billion, which declined just 1 percent versus the prior half and remained flat year-on-year. The […]
- Westpac Banking Corporation (ASX: WBC) – Westpac 2026 Interim Financial ResultsMay 5, 2026I’ve received only the cover page and disclaimers from the Westpac announcement, with no actual financial results or performance metrics. The text references that detailed results are in separate documents (Financial Results Presentation, Pillar 3 Report, Risk Factors). To write meaningful analyst commentary, I need the actual financial data from the interim results. Could you […]
- Westpac Banking Corporation (ASX: WBC) – Key Factors Affecting First Half 2026 ResultsApril 14, 2026Westpac Banking Corporation has disclosed that transaction costs related to the pending sale of its RAMS mortgage portfolio will reduce reported net profit after tax by $75 million in the first half of 2026. The sale to a consortium including Pepper Money Limited, KKR, and PIMCO remains on track for completion in the second half […]
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