Tuesday, 28 June 2016

Westpac Banking Corporation Ordinary Shares

NZX : WBC

29.85
28 Jun 16 16:21
Change:
 0.05
Open:
29.77
High:
29.85
Ask:
31.50
Volume:
75,426
Change(%):
0.17
Prev:
29.80
Low:
29.40
Bid:
29.55
Avg vol:
0
Profile
Westpac Banking Corporation provides a range of banking and financial products and services to individuals and corporate customers primarily in Australia and New Zealand. The company offers various financial services, such as lending, deposit taking, payments services, investment portfolio management and advice, unit trust and superannuation fund management, insurance services, leasing, general finance, foreign exchange, and money market services. Its deposit products include day to day accounts, savings accounts, term deposits, business transaction accounts, business savings and investment accounts, and trust accounts. The company also offers advances, overdrafts, home loans, credit card and other personal lending services, term loans, leasing receivables, bill financing, and redeemable preference share financing and acceptances. In addition, Westpac Banking Corporation provides insurance products, such as home and contents insurance, life insurance, car insurance, travel insurance, credit and loan repayment insurance, disability and living insurance, and income protection and business overheads insurance; superannuation and retirement products; and investment products. Further, it offers travelers? checks, merchant services, pay roll services, funding solutions, cash flow solutions, business administration solutions, and international trade and payments products. Additionally, the company provides various products and services to manage commodity exposures. As of September 30, 2009, it operated 1,491 branches. The company was formerly known as the Bank of New South Wales and changed its name to Westpac Banking Corporation in 1982. Westpac Banking Corporation was founded in 1817 and is headquartered in Sydney, Australia with additional offices in Singapore; Central, Hong Kong; Shanghai and Beijing, China; Mumbai, India; Jakarta, Indonesia; Auckland, New Zealand; London, United Kingdom; New York, New York; Perth, Melbourne, and Brisbane, Australia; and Suva, Fiji.
Summary
Shares:3,335,775,000
Issuer:Westpac Banking Corporation
Registry:LINK MARKET SERVICES LIMITED
Auditor:Pricewaterhousecoopers Sydney
Settlement:NZCDC Settlement System
Website:http://www.westpac.com.au/
Fundamentals
Market Cap:$99,572,883,750
52 wk High:39.60
52 wk Low:29.03
Sector:Overseas
Div/Yield:5.31
EPS:2.81
Price/Earnings:11.72
NTA:12.59
Address
Westpac Banking Corp
275 Kent Street
Level 20
Sydney, NSW 2000
Australia
Latest News
  • Fitch Affirms Westpac Lenders Mortgage Insurance at 'AA-'/Stable

    22:07 | 24/6/16
    Reuters
    The Outlook is Stable due to WLMI's solid financial profile and the unchanged credit profile of its ultimate parent, Westpac Banking Corporation (WBC; 'AA-'/Stable). KEY RATING DRIVERS The rating reflects Fitch's assessment of WLMI's strategic ... more»
  • Hybrids - The Good, The Bad & The Ugly

    12:33 | 8/6/16
    ShareCafe (registration)
    The most recent Westpac issue, Capital Notes 4 (ASX: WBCPG), settled at a 4.9% margin and raised $1.45 billion, well over the targeted $750 million, a good result for investors and the bank. Next horse out of the gates was NAB, aiming to raise ... of ... more»
  • Traps behind the hybrid issue offers from the banks

    02:15 | 8/6/16
    The Sydney Morning Herald
    The Westpac and NAB issues will attract about $3 billion of funds and some of that money will doubtless be raised by ordinary shareholders switching from the shares to the hybrids, especially if they are only in the shares for income. Thanks to the ... more»
  • RMBS fund delivers income and growth

    16:52 | 6/6/16
    Money Management
    So, it's a travesty that these assets are being left to the banks, while ordinary investors are stuck with high-risk shares or term deposits paying less than three per cent", Austin added. Austin added that as property prices were rising around ... more»
  • Avoid Westpac and NAB Capital Notes

    14:15 | 2/6/16
    Intelligent Investor
    The golden rule for any board of directors is that it must act in the best interest of the company's common shareholders. more»
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