WBC Shares Westpac Banking Corporation

ASX · ASX

$36.53 -0.71% Prices as of close 2026-10-26

Last in our picks 2026-10-26 — not in the current list; analysis below is from that screen

Restructuring benefits and efficiency gains offer earnings leverage as credit conditions remain manageable.

Future value: $33.31 (-8.82%) · 6-12 months · analyst consensus

Signal breakdown

▸Positive sector momentum and improving efficiency outlook
▸Above 50-day MA (+5.47%)
▾Trading above its price target — limited upside

Is WBC a buy right now?

Trend: WBC is trading above the 50-day average (+5.36%), RSI 57 — neutral momentum, with a 3-month return of -4.25%.

Valuation & quality: Westpac Banking Corporation trades on a trailing P/E of 18.2, forward P/E 17.1, PEG 1.25, price-to-book 1.76; fundamentals show net margin 31.5%, return on equity 9.8%, revenue growth 1.5% year on year.

Analyst consensus: 14 analysts have a mean 12-month price target of A$33.29 (-8.9% vs the last close; range A$30.00 – A$45.00), consensus rating “underperform”.

Income: trailing dividend yield 4.19%.

Our screen: WATCH (score 0) — Restructuring benefits and efficiency gains offer earnings leverage as credit conditions remain manageable.

Computed from end-of-day data; not personal advice.

Our track record with WBC

Our simulated $10,000 funds have traded WBC 2 times — 2 of 2 closed trades profitable.

Fund	Bought	Sold	Return
ASX High-risk	2026-10-20 @ $35.13	2026-10-22 @ $35.68 · AI review sell	+1.57%
ASX Low-risk	2026-08-27 @ $33.68	2026-08-31 @ $34.55 · AI review sell	+2.58%

Paper trades from our simulated funds at real end-of-day prices; past results don't predict future returns.

12-month price chart

Daily close, 2026-02-08 → 2026-10-26 (AUD). Range 33.7 – 43.0.

Monthly returns

Mar 26	Apr 26	May 26	Jun 26	Jul 26	Aug 26	Sep 26	Oct 26
-5.80%	-3.90%	-6.50%	-2.20%	+7.60%	-8.80%	+1.50%	+4.20%

Fundamentals

Market cap

$124.75B

P/E (ttm)

18.2

Forward P/E

17.1

EPS (ttm)

$2.01

Price / book

1.76

PEG

1.25

Beta

0.72

Net margin

31.5%

ROE

9.8%

Revenue growth

1.5%

Earnings growth

5.4%

Revenue (ttm)

$22.27B

Dividend yield

4.19%

52-wk range

$33.46 – $43.32

Volume

4,850,596

Avg volume (3m)

4,796,709

Analyst price target

Mean target

$33.29

Low

$30.00

High

$45.00

Analysts

Consensus

UNDERPERFORM

Technical signals

RSI (14)

57.1

vs 50-day MA

+5.36%

1-mo return

+4.25%

3-mo return

-4.25%

Volume z-score

-0.25

About Westpac Banking Corporation

Westpac Banking Corporation provides banking and other financial services in Australia, New Zealand, the Pacific Islands, Asia, the Americas, and Europe. It operates through the Consumer, Business & Wealth, Institutional, and New Zealand segments.

Sector: Financial Services · Industry: Banks - Diversified · Australia · 33,305 employees · Website

Related Financials picks

NAB.AXNational Australia Ban NWL.AXNetwealth Group Limite HUB.AXHUB24 Limited CPU.AXComputershare Limited CGF.AXChallenger Limited ASX.AXASX Limited JDO.AXJudo Capital Holdings MFG.AXMagellan Financial Gro

Browse: all ASX stocks · Financials picks · today's movers

General information only (Australia). This is general information, not financial product advice. It doesn't consider your objectives, financial situation or needs — consider its appropriateness and seek licensed advice before acting. Not a recommendation to buy or sell any financial product.

Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.