Westpac Banking Corp.

Westpac Banking is a banking organization with branches, affiliates and controlled entities throughout Australia, New Zealand, Asia and in the Pacific region. Co. provides a range of banking and financial services in these markets, including consumer, business and institutional banking and wealth management services. Co. is engaged in the provision of financial services including lending, deposit taking, payments services, investment portfolio management and advice, superannuation and funds management, insurance services, leasing finance, general finance, interest rate risk management and foreign exchange services. As of Sep 30 2017, Co. had total assets of A$851,875,000,000.
  • TickerWBC
  • ISINAU000000WBC1
  • ExchangeAustralian Securities Exchange
  • SectorBanks
  • CountryAustralia

Analysts

WESTPAC BANKING CORP. sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of WESTPAC BANKING CORP. (AU), a company active in the Money Center Banks industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date February 14, 2020, the closing price was AUD 25.70 and its potential was estimated at AUD 27.40.

Elisabeth Rudman ...
  • Lito Chousiada
  • Vitaline Yeterian

Westpac Banking Corporation: Rating Report

DBRS Ratings Limited (DBRS Morningstar) released a rating report on Westpac Banking Corporation.

2020 Asset Allocation and ASX Outlook

We expect the Australian equity market to deliver low-mid single digit returns next year. Our Dynamic Asset Allocation preference is a mild overweight to Growth assets, given the relative attractiveness of equities to both bonds and credit. In Fixed Income we prefer Global markets over Australia even though the RBA has probably more work to do. In the ASX, the Risk: Reward skew is tilted more positive for Resources than Banks, particularly in H1 as the global economy shows signs of recovery. Maintaining and slowly building a defensive portfolio will be important for performance next year....

MarketLine Department

Suncorp Group Ltd - Strategy, SWOT and Corporate Finance Report

Summary Suncorp Group Ltd - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Suncorp Group Limited (Suncorp) is a provider of financial products and services. It provides a range of insurance, banking, and wealth management products and services to individuals and corporate customers. Its offerings include home and contents insurance, boat insurance, travel insuran...

Aussie Equities Month in Review (Nov 2019)

The ASX 200 gained 3.3% and outperformed global markets again. IT (11.0%), Communication Services (9.6%), Healthcare (8.9%) and Consumer Staples (8.2%) were the best-performing sectors. The biggest hurdle for investors in Australia is valuation. The combination of falling downgrades and upgrades more in line with long-term averages means that earnings certainty is back to around normal levels for the ASX200 universe. The RBA laid out its plans for providing additional monetary support should it be required, in a speech by RBA Governor Phillip Lowe. BIN raised guidance on better operation...

Elisabeth Rudman ...
  • Lito Chousiada
  • Vitaline Yeterian

Westpac Banking Corporation: Rating Report

DBRS Ratings Limited (DBRS Morningstar) released a rating report on Westpac Banking Corporation.

2020 Asset Allocation and ASX Outlook

We expect the Australian equity market to deliver low-mid single digit returns next year. Our Dynamic Asset Allocation preference is a mild overweight to Growth assets, given the relative attractiveness of equities to both bonds and credit. In Fixed Income we prefer Global markets over Australia even though the RBA has probably more work to do. In the ASX, the Risk: Reward skew is tilted more positive for Resources than Banks, particularly in H1 as the global economy shows signs of recovery. Maintaining and slowly building a defensive portfolio will be important for performance next year....

Aussie Equities Month in Review (Nov 2019)

The ASX 200 gained 3.3% and outperformed global markets again. IT (11.0%), Communication Services (9.6%), Healthcare (8.9%) and Consumer Staples (8.2%) were the best-performing sectors. The biggest hurdle for investors in Australia is valuation. The combination of falling downgrades and upgrades more in line with long-term averages means that earnings certainty is back to around normal levels for the ASX200 universe. The RBA laid out its plans for providing additional monetary support should it be required, in a speech by RBA Governor Phillip Lowe. BIN raised guidance on better operation...

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior