Westpac Banking Corporation [ASX:WBC] share price and news 2022

Company Description

Westpac Banking Corporation (WBC) is banking and financial services group that deals in the provision of financial services including lending, deposit taking, payments services, investment platforms, superannuation and funds management, insurance services, leasing finance, general finance, interest rate risk management and foreign exchange services. It nearly serves around 13 million customers

Westpac Banking Corporation belongs to Financials sector and under industry of Diversified Banks. You can get more information about this company via their website: http://www.westpac.com.au.

This is a large cap company with market cap of 89697 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is greater than both sector and market. while Company PB is greater than sector but less than market. On the other hand, Company Earning is less than both sector and market.

Earnings PE PB PE growth
Company 0.89 21 1.3 0.57
Market 1.03 20.6 1.71 1.15
Sector 0.93 15.7 1.29 1.24

Dividend Growth Chart

The following chart shows you how wbc dividend grows in the recent years.Westpac Banking Corporation has dividend yield of 1.26%