Education
About Us
Working with TipRanks
Follow Us
Westpac Banking Corporation (AU:WBC)
ASX:WBC
Earnings Data
Report Date
May 05, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.03Last Year’s EPS
1Same Quarter Last Year
Moderate Sell
Based on 11 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
Westpac demonstrated strong growth in deposits and business lending, and launched significant digital innovations. However, the company faced challenges with decreased net profit, increased expenses, and delays in the UNITE program. Customer and brand advocacy continue to require attention.Company Guidance
Strong Deposit Growth
Consumer deposits grew by 10%, reflecting the effectiveness of Westpac's banking app and competitive product suite.
Business Lending and Institutional Growth
Business lending increased by 15%, and institutional lending grew by 17%, driven by strong performance in sectors such as health, professional services, and agriculture.
Launch of Digital Innovations
Introduced Biz Edge and Westpac One, enhancing digital capabilities and improving decision-making processes, with Biz Edge processing nearly $5 billion in business lending applications since March.
Employee Engagement and Development
Westpac invested in employee development programs, resulting in strong engagement scores and efforts to attract and retain top talent.
Consumer Resilience and Improved Service Quality
Supported 46,000 hardship packages, with 75% of customers recovering, and improved service quality with a 30% reduction in time to trade for financial market clients.
AU:WBC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AU:WBC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Nov 07, 2022 | AU$19.10 | AU$19.49 | +2.03% |
May 09, 2022 | AU$19.76 | AU$19.80 | +0.20% |
Feb 02, 2022 | AU$16.54 | AU$16.92 | +2.28% |
Feb 02, 2022 | AU$16.54 | AU$16.92 | +2.28% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Westpac Banking Corporation (AU:WBC) report earnings?
Westpac Banking Corporation (AU:WBC) is schdueled to report earning on May 05, 2026, After Close (Confirmed).
What is Westpac Banking Corporation (AU:WBC) earnings time?
Westpac Banking Corporation (AU:WBC) earnings time is at May 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Westpac Banking Corporation stock?
The P/E ratio of Westpac Banking is N/A.
What is AU:WBC EPS forecast?
AU:WBC EPS forecast for the fiscal quarter 2026 (Q2) is 1.03.