Westpac Banking Corp (ASX: WBC) Share Price and News

Price

$30.04

Movement

0.57 (-1.86%)

as at 11 Apr - Closed (20 mins delayed)

52 Week Range

$25.14 - $35.27

 
1 Year Return

+15.1%

Westpac Banking Corp Chart and Price Data

2025
2025
2025
2025
$25
$30
$35
$25
$30
$35
$25
$30
$35
$25
$30
$35

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $104.80 billion
P/E Ratio 15.22
Dividend Yield 5.18%
Shares Outstanding 3.44 billion
Earnings per share 1.917
Dividend per share 1.52
Year To Date Return -9.75%
Earnings Yield 6.57%
Franking 100%
Share Price

$30.04

Day Change

0.57 (-1.86%)

52 Week Range

$25.14 - $35.27

Yesterday's Close

$30.61

Today's Open

$29.61

Days Range

$29.455 - $30.11

Volume

5,820,163

Avg. Volume (1 month)

5,658,215

Turnover

$173,926,848

as at 11 Apr - Closed

Westpac Banking Corp (ASX: WBC)
Latest News

Woman using a pen on a digital stock market chart in an office.
Bank Shares

Westpac shares higher despite CFO bombshell

What's going on at the big four bank today? Let's see what it announced.

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A male investor sits at his desk looking at his laptop screen holding his hand to his chin pondering whether to buy Macquarie shares
Bank Shares

Best ASX stock to buy right now: Macquarie vs. Westpac

What do brokers think about these two ASX bank stocks?

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Smiling couple sitting on a couch with laptops fist pump each other.
Bank Shares

If I'd put $5,000 into Westpac shares just 1 year ago, here's what I'd have now

Let's see how successful an investment in Australia's oldest bank would have been.

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Cheerful boyfriend showing mobile phone to girlfriend in dining room. They are spending leisure time together at home and planning their financial future.
How to invest

My ASX share portfolio is up 40% in 2024! Here's my strategy for 2025

Investing in quality companies paid off in 2024. Here's what I did.

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Woman with $50 notes in her hand thinking, symbolising dividends.
Dividend Investing

What's the outlook for ASX dividend shares in 2025?

Here’s what could happen next year with the ASX’s leading dividend stocks.

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A man thinks very carefully about his money and investments.
Bank Shares

Why are ASX 200 bank shares being trashed on Tuesday?

Has the September market rotation recommenced?

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Five people are leaping in the shallows of the beach water as sunset shines gold on them.
Dividend Investing

Here's my 5-step approach to earning passive income of $1,000 a month

Follow these steps and you might be able to retire early...

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A woman standing on the street looks through binoculars.
Bank Shares

Is the outlook compelling for Westpac shares in 2025?

Let’s gaze into the potential future for this huge ASX bank share.

Read more »

A man in a suit looks serious while discussing business dealings with a couple as they sit around a computer at a desk in a bank home lending scenario.
Bank Shares

Will the RBA cut interest rates next week? Here's what Westpac is predicting

Are interest rates heading lower next week? Here's what Westpac expects the RBA to do.

Read more »

Three happy multi-ethnic business colleagues discuss investment or finance possibilities in an office.
Broker Notes

ASX financial shares are up 33% this year. Brokers reveal which stocks to buy for 2025

After such a stellar run, are there any good buys left among ASX financial shares?

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Bank building in a financial district.
Bank Shares

Should you be bullish about the 2025 outlook for ASX 200 bank shares?

Can we bank on another strong year for the major ASX financial shares?

Read more »

Modern accountant woman in a light business suit in modern green office with documents and laptop.
Bank Shares

Is the wonderous 59% run in Westpac shares nearing its end?

Does the bank still have more to give or is it too good to be true?

Read more »

Frequently Asked Questions

Dividend Payment History Data provided by Morningstar.

Data provided by Morningstar.
Ex-Date Amount Franking Type Payable
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
10th Apr 2025 2025-04-10T08:49:29 Change of registry address notificationYesNo8:49am1131k
4th Apr 2025 2025-04-04T11:46:55 Notification of cessation of securities - WBCYesNo11:46am514k
4th Apr 2025 2025-04-04T11:45:15 Notification regarding unquoted securities - WBCYesNo11:45am819k
3rd Apr 2025 2025-04-03T13:50:04 Notification of cessation of securities - WBCYesNo1:50pm514k
2nd Apr 2025 2025-04-02T07:30:21 Westpac appoints new Chief People OfficerYesNo7:30am1152k
1st Apr 2025 2025-04-01T16:21:02 Appendix 3X - David CohenYesNo4:21pm2192k
1st Apr 2025 2025-04-01T08:23:10 Update - Notification of buy-back - WBCYesNo8:23am616k
28th Mar 2025 2025-03-28T08:28:07 Update - Notification of buy-back - WBCYesNo8:28am616k
28th Mar 2025 2025-03-28T07:34:57 Westpac market updateYesNo7:34am46897k
27th Mar 2025 2025-03-27T13:45:27 Dividend/Distribution - WBCPHYesNo1:45pm519k

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
10 Apr 2025 $30.61 $1.44 4.94% 5,679,063 $31.00 $31.45 $30.56
09 Apr 2025 $29.17 $-0.50 -1.69% 5,260,053 $29.00 $29.90 $28.93
08 Apr 2025 $29.67 $0.42 1.44% 6,486,848 $29.27 $29.67 $29.00
07 Apr 2025 $29.25 $-1.74 -5.61% 9,654,002 $29.00 $29.86 $28.44
04 Apr 2025 $30.99 $-0.75 -2.36% 4,962,951 $31.01 $31.37 $30.86
03 Apr 2025 $31.74 $-0.16 -0.50% 4,448,021 $31.21 $31.83 $31.05
02 Apr 2025 $31.90 $0.33 1.05% 3,684,007 $31.87 $32.12 $31.75
01 Apr 2025 $31.57 $0.00 0.00% 3,762,049 $31.58 $31.81 $31.20
31 Mar 2025 $31.57 $-0.32 -1.00% 6,178,479 $31.40 $31.67 $31.20
28 Mar 2025 $31.89 $0.24 0.76% 5,224,905 $31.50 $32.19 $31.44
27 Mar 2025 $31.65 $0.21 0.67% 4,124,194 $31.09 $31.65 $31.09
26 Mar 2025 $31.44 $0.36 1.16% 4,441,819 $31.39 $31.65 $31.16
25 Mar 2025 $31.08 $-0.19 -0.61% 4,498,164 $31.50 $31.76 $30.98
24 Mar 2025 $31.27 $0.53 1.72% 2,952,320 $30.70 $31.30 $30.69
21 Mar 2025 $30.74 $0.13 0.42% 14,345,079 $30.67 $30.92 $30.35
20 Mar 2025 $30.61 $0.49 1.63% 7,872,664 $30.50 $30.72 $30.46
19 Mar 2025 $30.12 $-0.06 -0.20% 5,610,284 $29.95 $30.31 $29.91
18 Mar 2025 $30.18 $0.29 0.97% 4,751,848 $30.11 $30.29 $30.01
17 Mar 2025 $29.89 $0.28 0.95% 4,004,751 $29.90 $29.95 $29.78
14 Mar 2025 $29.61 $-0.02 -0.07% 3,749,582 $29.57 $29.74 $29.34
13 Mar 2025 $29.63 $-0.44 -1.46% 5,702,666 $30.00 $30.17 $29.57
12 Mar 2025 $30.07 $-0.62 -2.02% 6,142,771 $30.37 $30.44 $29.78

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
13 Jan 2025 Anthony Miller Issued 85,983 $2,740,278
Issued under employee share plan. 368,811 - Share Rights
13 Jan 2025 Anthony Miller Issued 14,662 $467,277
Issued under employee share plan.
31 Dec 2024 Andy Maguire Buy 6,615 $214,311
On-market trade.
13 Dec 2024 Peter King Issued 29,907 $962,108
Issue of securities.
06 Nov 2024 Peter King Exercise 93,567 $3,018,471
Conversion of securities. 448,117 Rights
06 Nov 2024 Peter King Buy 93,567 $3,018,471
Conversion of securities.
24 Oct 2024 Peter King Expiry 93,567 $3,004,436
As advised by the company. 541,684 Rights, lapsed
31 Jul 2024 Michael Ullmer Sell 1,000 $100,000
As advised by the company. Redeemed, Capital Notes
25 Jun 2024 Audette Exel Buy 390 $10,389
Dividend Reinvestment Plan (DRP).
25 Jun 2024 Nora Scheinkestel Buy 337 $8,977
Dividend Reinvestment Plan (DRP).
25 Jun 2024 Nora Scheinkestel Buy 226 $6,020
Dividend Reinvestment Plan (DRP).
08 May 2024 Peter King Expiry 12,391 $345,584
As advised by the company. 635,251 Rights, Lapsed

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 40 years' experience in international banking, finance and professional services. Michael was formerly the Deputy Group Chief Executive Officer of the National Australia Bank (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 positions including Chairman of the subsidiaries Great Western Bank (US) and JB Were. Prior to NAB, Michael was at Commonwealth Bank of Australia, 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 heavily involved in supporting the Arts and Education sectors. Directorships of listed entities over the past three years: Lendlease Corporation Limited (Director since December 2011 and Chairman since November 2018) and Woolworths Limited (January 2012 to October 2021). Other principal directorships and interests: Member of the National Gallery of Victoria Foundation Board. He is Member of Risk Committee.
Ms Debra Hazelton Non-Executive Director Mar 2025
Ms Hazelton has over 30 years experience in global financial services, with a particular focus on Australia and Japan. Her executive experience includes national CEO roles in Japan and Australia as well as roles in treasury, corporate/project finance and human resources/organisational 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 Non-executive Director of the boards of Persol Holdings Co. Ltd (listed on the Tokyo Stock Exchange) and Australia Post. Debra was previously the Chair of AMP Ltd and AMP Bank.
Mr David Cohen Non-Executive Director Apr 2025
Mr Cohen has over 20 years 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. Davids roles prior to joining CBA include General Counsel at AMP and a Partner at Allens Arthur Robinson.
Mr Steven Gregg Chairman - electNon-Executive Director Nov 2023
Mr Gregg has more than 35 years' experience in global financial services, strategy consulting and professional services across Australia, Asia, Europe and the US. Steven 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 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. Directorships of listed entities over the past three years: Ampol Limited (since October 2015), The Lottery Corporation Limited (May 2022 to March 2024), Challenger Limited (October 2012 to October 2023) and Tabcorp Holdings Limited (July 2012 to May 2022). He is Chairman of the Governance Committee.
Ms Margaret (Margie) Leone Seale Non-Executive Director Mar 2019
Ms Seale has more than 25 years' 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. Directorships of listed entities over the past three years: Scentre Group Limited (since February 2016) and Telstra Corporation Limited (May 2012 to October 2021). Other principal directorships and interests: Director of Westpac Scholars Limited, Seaborn Broughton & Walford Pty Limited, Pinchgut Opera Limited and Jana Investment Advisers Pty Ltd. She is Member of the Governance Committee.
Ms Nerida Frances Caesar Non-Executive Director Sep 2017
Ms Caesar has over 38 years of commercial and business management experience in technology-led businesses. Nerida was Group Managing Director and Chief Executive Officer, Australia and New Zealand, of Equifax (formerly the ASX listed Veda Group Limited) and was also a former director of Genome One Pty Ltd and Stone and Chalk Limited. Before joining Equifax, Nerida held several 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. Other principal directorships and interests: Co-Chair of Good2Give and its subsidiaries Workplace Giving Australia, Good2Give Research & Technology Fund and ShareGift. Director of NBN Co Ltd, Director of CreditorWatch and Director of O'Connell Street Associates Pty Ltd. Advisor to startups in the technology sector.
Mr Peter Stanley Nash Non-Executive Director Mar 2018
Mr Nash was formerly a Senior Partner with KPMG, 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. Peter has worked in geographically diverse operating environments providing advice on a range of topics including business strategy, risk management, internal controls, business processes and regulatory change. He has also provided financial and commercial advice to many State and Federal Government businesses. Peter is a former member of the Business Council of Australia and its Economic and Regulatory Committee. Directorships of listed entities over the past three years: Johns Lyng Group Limited (Chairman since October 2017), Mirvac Group (since November 2018). Other principal directorships and interests: Director of the General Sir John Monash Foundation. He is Member of the Risk and Governance Committee.
Mr Timothy Martin Burroughs Non-Executive Director Mar 2023
Mr Burroughs has over 40 years' 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, an independent advisory firm. Over the course of his career, Tim has specialised in providing strategic financial advice to corporations and their boards. He has advised on capital restructures, capital raisings and more than 100 public company acquisitions.He is Panel member of Adara Partners (Australia) Pty Ltd. He is Member of the Risk Committee.
Mr Andy Maguire Non-Executive Director Jul 2024
Mr Maguire has more than 35 years' experience in financial services and began his career in banking at Lloyds Banking Group. From 2014 to 2020, he was 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 Chairman 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 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). Directorships of listed entities over the past three years: AIB Group plc (since March 2021). Other principal directorships and interests: Chairman of Thought Machine Group.
Mr Anthony Miller Chief Executive OfficerManaging Director Dec 2024
Mr Miller prior to joining Westpac Mr Miller was Deutsche Bank's CEO of Australia/NZ and CoHead of Investment Bank, APAC. He also spent 16 years at Goldman Sachs, including as Partner.
Mr Timothy (Tim) Hartin General ManagerCompany Secretary Nov 2011
-
Catherine McGrath Chief Executive Officer Westpac New Zealand
-
Jason Yetton Chief Executive Consumer
-
Nell Hutton Chief Executive Westpac Institutional Bank
-
Michael Rowland Chief Financial Officer
-
Scott Collary Chief Information Officer
-
Ryan Zanin Chief Risk Officer
-
Timothy (Tim) Hartin General ManagerCompany Secretary
-
Carolyn McCann Group Executive Customer & Corporate Services
-
Christine Parker Group Executive Human Resources
-

Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
HSBC Custody Nominees (Australia) Limited 866,714,876 25.18%
J P Morgan Nominees Australia Pty Limited 512,401,798 14.89%
Citicorp Nominees Pty Limited 228,997,948 6.65%
BNP Paribas Nominees Pty Ltd <Agency Lending A/C> 61,463,468 1.79%
National Nominees Limited 40,456,973 1.18%
Bnp Paribas Noms Pty Ltd 26,864,218 0.78%
HSBC Custody Nominees (Australia) Limited <NT Comnwlth Super Corp A/C> 25,113,326 0.73%
Citicorp Nominees Pty Limited <Colonial First State Inv A/C> 24,642,154 0.72%
Pacific Custodians Pty Limited <WBC Plans Ctrl A/C> 18,679,841 0.54%
Netwealth Investments Limited <Wrap Services A/C> 16,586,728 0.48%
BNP Paribas Nominees Pty Ltd <HUB24 Custodial Serv Ltd> 15,361,493 0.45%
Australian Foundation Investment Company Limited 13,282,500 0.39%
Argo Investments Limited 8,807,648 0.26%
IOOF Investment Services Limited <IPS Superfund A/C> 7,692,979 0.22%
IOOF Investment Services Limited <IOOF IDPS A/C> 6,213,315 0.18%
BNP Paribas NOMS (NZ) Ltd 5,652,649 0.16%
UBS Nominees Pty Ltd 4,240,536 0.12%
Washington H Soul Pattinson and Company Limited 3,953,000 0.11%
Netwealth Investments Limited <Super Services A/C> 3,642,054 0.11%
Mutual Trust Pty Ltd 3,401,970 0.10%

Profile

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