WBC

Westpac Banking

Banks

Westpac Banking Corporation is one of Australia's leading financial institutions, offering a wide range of banking and financial services including personal, business, and institutional banking. It holds a strong market position in the Australian banking sector, known for its extensive branch network and digital banking capabilities.

Banking

Finance

Australia

ASX

Shorted

short percentage0.76%

reported shorts26.1M

shares on issue3.420B

About

website

westpac.com.au

industry

Banks

address

C/- Group Secretariat, Level 18, 275 Kent Street, SYDNEY, NSW, AUSTRALIA, 2000

Connect

More Banks Stocks

Other shorted stocks in this sector

View all stocks in this industry

Short Position Trends

Track bearish sentiment and short interest over time

Historical Price Data

View stock price movements, volume, and trading patterns

Industry & Focus

Banking

Finance

Australia

ASX

Westpac

Company Overview

AI-generated company summary

Company History

Westpac was founded in 1817 as the Bank of New South Wales, making it Australia's oldest bank. It has grown through numerous mergers and acquisitions, including the merger with the Commercial Bank of Australia in 1982, which led to the formation of Westpac Banking Corporation. Over the years, Westpac has expanded its services and geographic reach, becoming a major player in the Asia-Pacific region.

Competitive Advantages

Westpac's competitive advantages include its extensive branch network across Australia, strong brand recognition, and robust digital banking platform. The bank's focus on customer service and innovation in financial products also sets it apart from competitors.

Risk Factors

•Regulatory changes in the banking sector
•Economic downturn affecting loan repayments
•Cybersecurity threats

Recent Developments

Last 6 months

In the past six months, Westpac has focused on enhancing its digital banking services and has announced initiatives to improve customer experience and operational efficiency.

Key People

Leadership team at Westpac Banking

Peter King

CEO

Peter King has been the CEO of Westpac since 2020, bringing over 25 years of experience in banking and finance to the role.

Michael Rowland

CFO

Michael Rowland joined Westpac as CFO in 2020, with a strong background in financial management and strategy.

Financial Reports

19 reports available

Westpac U.S. Annual Report on Form 20-F

Annual ReportNov 5, 2025via asx_announcements

Westpac 2025 Full Year Financial Results Announcement

Full Year ResultsNov 3, 2025via asx_announcements

Westpac 2025 Full Year Results email to shareholders

Full Year ResultsNov 3, 2025via asx_announcements

Westpac 2025 Group Annual Report and Appendix 4E

Annual ResultsNov 3, 2025via asx_announcements

US Interim Financial Results Announcement on Form 6-K

Half Year ResultsMay 7, 2025via asx_announcements

Westpac 2025 Interim Financial Results Announcement

Half Year ResultsMay 5, 2025via asx_announcements

Westpac 2025 Half Year Result

Half Year ResultsMay 5, 2025via asx_announcements

Westpac U.S. Annual Report on Form 20-F

Annual ReportNov 6, 2024via asx_announcements

Westpac 2024 Full Year Results email to shareholders

Full Year ResultsNov 4, 2024via asx_announcements

Westpac 2024 Group Annual Report and Appendix 4E

Annual ResultsNov 4, 2024via asx_announcements

Showing 10 of 19 reports