Previous close | 16.86 |
Open | 16.50 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 16.50 - 17.03 |
52-week range | 12.75 - 18.45 |
Volume | |
Avg. volume | 2,463 |
Market cap | 59.67B |
Beta (5Y monthly) | 0.86 |
PE ratio (TTM) | 13.30 |
EPS (TTM) | 1.28 |
Earnings date | 06 May 2024 |
Forward dividend & yield | 0.97 (5.73%) |
Ex-dividend date | 09 Nov 2023 |
1y target est | N/A |
"Westpac is extending its moratorium on regional branch closures until at least 2027 while it strengthens regional banking services," Australia's third-largest lender in terms of market valuation said in a media statement. "This commitment will support more than 2.2 million customers and 1,000 employees who live and work in 182 regional areas." Established more than 200 years ago, Westpac said it is also investing over A$200 million ($129.64 million) over the next decade in partnership with the government-run Australia Post to allow cash and cheque transactions at select post offices.
To get a sense of who is truly in control of Westpac Banking Corporation (ASX:WBC), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are retail investors with 71% ownership.
Australian consumer sentiment eased from 20-month highs in March as worries about the economic outlook and family finances returned to darken the mood, a survey showed on Tuesday. The Westpac-Melbourne Institute index of consumer sentiment slipped 1.8% in March, from February when it jumped 6.2%. "Last month we saw some promising signs that the consumer gloom that has dominated over the last two years might finally be starting to lift," said Matthew Hassan, a senior economist at Westpac.