WBK: Westpac Banking Corporation - Summary | Jitta

Westpac Banking Corporation

NYSE:WBK

Price
$19.70
Loss Chance
46.0%
4.95JITTA SCORE
28.65%Above Jitta Line
Jitta Ranking
291 / 333
564 / 1,061
2,030 / 4,769
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (5)
Recent Business Performance (15)
Financial Strength (40)
Return to Shareholders (64)
Competitive Advantage (75)
Jitta Signs
Return on EquityConsistently High
Dividend PayoutEvery year
CapExVery Low
Revenue and EarningRevenue decline from 2015-2018
Recent Business PerformanceEarning decline 6.36% in the last year
Key Stats
Jitta Score
Jitta Line
4.95
28.65%
5.34
0.05%
3.66
0.15%
Diversified Banks
8.25
7.56%
7.40
11.61%
7.70
19.43%
COMPANY DESCRIPTION
Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, Asia, the Pacific region, and internationally. It operates through five divisions: Consumer Bank, Business Bank, BT Financial Group, Westpac Institutional Bank, and Westpac New Zealand. It offers everyday banking, savings, term deposit, moving to Australia, under 21 and student, business one, community solutions one, not-for-profit savings, and foreign currency accounts; term and farm management deposits; debit, credit, and travel money cards; home, personal, investment, small business, and commercial loans; and equipment, automotive, cash flow, property, insurance premium, corporate and structured finance, and trade and supply chain financing services. It also provides home and content, landlord, car, travel, boat, caravan and trailer, life, credit card and loan repayment, income protection, business, farm pack, person income, and business overheads insurance products; superannuation and retirement products; investment portfolios; instalment warrants; and trading, financial advisory, wealth, foreign currency exchange, international payment, cash flow management, international trade, and import and export services. In addition, it offers industry specific banking and treasury services; other services, such as emergency cash, online and telephone banking, ATMs, unclaimed money, travel center, margin lending, and banking services to migrants moving to Australia; and mobile wallets. Further, it provides capital advisory and fund management, transactional and private banking, and financial market services. It serves individuals; micro, small, and medium enterprises; and commercial, corporate, institutional, and government customers. The company was formerly known as Bank of New South Wales and changed its name to Westpac Banking Corporation in October 1982. The company was founded in 1817 and is headquartered in Sydney, Australia.