Westpac Banking Corp (WBC)
Westpac Banking Corp. provides banking and financial services. The company operates its business through the following divisions: Consumer Bank, Business Bank, BT Financial Group, Westpac Institutional Bank and Westpac New Zealand. The Consumer Bank division covers consumer banking products and services under the Westpac, St. George, BankSA, Bank of Melbourne and RAMS brands. The Business Bank division offers banking and financial products & services, including specialist advice for cash flow finance, trade finance, automotive & equipment finance, property finance, transaction banking and treasury services. This division serves small-to-medium enterprise, commercial and agribusiness customers through the Westpac, St. George, BankSA and Bank of Melbourne brands. The BT Financial Group division manages wealth management services. This division also distributes investment, superannuation and retirement products; investment platforms, including BT Panorama, BT Wrap and Asgard; and private banking and financial advice. It also distributes life, general and lenders mortgage insurance. The Westpac Institutional Bank division delivers financial services, such as transactional banking, and broking and alternative investment solutions. The Westpac New Zealand division offers banking, wealth management and insurance products to small to medium sized business customers in New Zealand through Westpac Life New Zealand and BT New Zealand brands. The company was founded on February 12, 1817 and is headquartered in Sydney, Australia.
|Market Price at 19-01-2018
|Price to Earnings Ratio
|Return on Equity (ROE)
Blog posts that reference Westpac Banking Corp:
Monday, June 01, 2015
If you don’t have stock alerts set up, you could be missing out on important changes in Skaffold… and buy and sell opportunities.
Over the last month Skaffold has updated it’s stock rating for 27 companies, based upon their latest financial results.
If you need help setting up alerts check out our step-by-step instructions, or give us a call on 1300 752 336.
Friday, January 23, 2015
Much like online shopping, the fine art of stock filtering is all about screening against a myriad of personal factors to find your perfect fit. But beware, if the stock doesn’t fit you won’t be able to return it for a refund.
For investors chasing growht stocks, ss useful as historical and current metrics are at identifying a company’s past performance, they won’t indicate what will happen in the future. That’s why stock-picking outfit, Skaffold, overlays historical and current filters with forecast metrics designed to try and predict future performance.
Wednesday, July 23, 2014
Stock broker and market commentator Marcus Padley was kind enough to join us for a recent webinar in which he shared his top investment themes for 2015.
Banks, Retirement, Agriculture and Housing are all on Marcus’ radar, what themes are you watching for 2015?
Thursday, May 15, 2014
Australia’s top 10 stocks by market capitalisation – BHP Billiton (BHP), Commonwealth Bank (CBA), Rio Tinto (RIO), Westpac (WBC), ANZ, NAB, Telstra (TLS), Wesfarmers (WES), Woolworths (WOW) and CSL – are a solid group of companies that have, on balance, delivered strong returns for shareholders.
Are they positioned to continue delivering growth or do their global counterparts represent more attractive opportunities? We went inside Skaffold Global to find out.
Also consider this: you won’t find any global tech companies in the ASX 10. Pharmaceuticals, big oil and household products also fail to feature in our local market. To gain exposure to these global industries, you must expand your universe to the US and Europe.
Thursday, December 19, 2013
During Skaffold’s recent webinar, How to invest in 2014, Roger Montgomery answered a number of questions asked by stock market investors.
Do you think we are in a pessimistic phase for analysts’ forecasts? Does Skaffold take into account the historically low provisioning for non-performing loans that the Big 4 banks are currently allowing for? Does Skaffold rate MTU as a Buy?
Read Roger’s answers and watch a video for more valuable insights.
Friday, November 15, 2013
You need to tread carefully when using a price earnings ratio (P/E) and dividend yield to gauge how attractive bank stocks might be. That’s because bad debts or one-off items can compromise the sustainability of bank dividends.
So it’s important to understand that banks require some peculiar evaluation criteria when it comes to assessing their intrinsic value and business performance. If you do want to call on the price earnings ratio to help value and compare one bank stock against another, then it must be used alongside some bank-specific financial ratios.
Whilst some valuation principles are equally applicable to all companies, there are a number of complications specific to banks such as determining leverage – due to being both borrower and lender - regulatory impact, capital expenditure and interest margins.
The key financial ratios you need to look at when evaluating banks and estimating their intrinsic value are net interest margin, cost to income ratio, bad debts, return on assets, Tier 1 capital ratio and the price to book ratio.
Thursday, October 10, 2013
Have you checked out Skaffold’s new portfolio management tool? It was released a week ago and based on your feedback so far, its proving be a really handy tool to track portfolio performance and make those all important portfolio management decisions.
You can now add multiple transactions, specify the date and price you paid for the shares, and add sell transactions. Skaffold will track your portfolio’s performance and most importantly, let you know how the portfolio is forecast to perform over the next couple of years plus estimate the dividends your businesses are forecast to pay.
We’ve put together some tips to help you get your portfolio set up correctly. Depending upon the size of your portfolio, and how frequently you trade, you’ll need to set aside around half an hour for the initial set up. Once its done you’ll be able to clearly see which of your holdings may be candidates to sell, if you’re overweight or underweight in a particular sector, and which stocks are dragging down the future growth prospects of your overall portfolio.
You’ll also be able to set up custom alerts and be notified when share prices move above or below specific thresholds, if valuations change overnight, and when new annual or interim reports are released.
Wednesday, May 15, 2013
Whilst there will always be opportunities in Australia, it is now easier than ever to diversify your portfolio and access a broader range of opportunities that are only available through overseas exchanges.
Recent research found that almost 50% of Skaffold members believe global markets will offer the best growth over the next 12 months, compared to just 9% who thought the ASX would offer the highest returns.
For investors seeking value stocks right now US stocks that make the grade include Oracle Corporation (ORCL), Ben Bath & Beyond (BBBY), Amgen Inc (AMGN), Fossil Inc (FOSL) and Global Payments Inc (GPN). Read on to discover the other opportunities we found in Skaffold Global the recently.
Friday, May 03, 2013
Westpac (WBC) released its interim results this morning. The company announced a 10% increase in cash earnings, compared to the same period last year. Return on equity is also tracking marginally higher than the bank’s 2012 result of circa 14%, at 16.1%, according to the company’s report. Skaffold currently forecasts a full year return on equity of just under 15%.
Investors chasing high dividends and franking will be pleased to note the company raised its fully franked interim dividend by 5%, to 86 cents per share. This is 4 cents per share higher than 1H12 and 2 cents per share on 2H12. Skaffold currently forecasts a full year dividend of around $1.75, a forecast dividend yield of just over 5%.
Friday, January 11, 2013
In late 2010 Money magazine’s Editor-in-Chief Pam Walkley and Editor Effie Zahos asked the team at Skaffold to identify 50 top-quality stocks that were below their true worth. Including capital growth and dividends, an equally weighted portfolio invested across the fifty stocks has returned 12.8% in 12 months. Had you invested only in the 28 stocks that were forecast to offer growth AND yield, your return would be 20.0%. $50,000 invested equally across the Top 5 has returned 18.6%. Skaffold’s Top 50 stocks for 2013 will be published in the February edition of Money magazine, on sale Wednesday 6 February 2013.