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Westpac Banking ( (AU:WBC) ) just unveiled an update.
Westpac Banking Corporation released its 2025 Group Annual Report, highlighting a 4% increase in revenue from ordinary activities to $22,384 million. However, the profit from ordinary activities after tax attributable to equity holders decreased by 1% to $6,916 million. The report also noted a slight increase in net tangible assets per ordinary share, rising from $17.75 to $18.25, indicating a stable financial position despite the dip in profits. The announcement underscores Westpac’s ongoing efforts to maintain financial stability and shareholder value amidst a competitive banking environment.
The most recent analyst rating on (AU:WBC) stock is a Sell with a A$32.20 price target. To see the full list of analyst forecasts on Westpac Banking stock, see the AU:WBC Stock Forecast page.
More about Westpac Banking
Westpac Banking Corporation is a prominent financial services provider in Australia, primarily engaged in offering a range of banking and financial products and services. Its market focus includes retail, business, and institutional banking, catering to a diverse clientele across the region.
YTD Price Performance: 22.80%
Average Trading Volume: 4,610,563
Technical Sentiment Signal: Buy
Current Market Cap: A$132.3B
See more data about WBC stock on TipRanks’ Stock Analysis page.