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WBC · NZX

Westpac Banking Corporation (WBC)

Financials / Banking•Covered: HY26•1 published briefing

Westpac Banking Corporation is an NZX-listed financials / banking company with HY26 of published result briefings.

Latest briefing

HY26 · Released 5 May 2026

WBC HY26: NPAT +2.9% but operating cash flow swung to –$6.7bn

Revenue grew 4.6% and PBT rose 1.4%, but a swing to negative operating cash flow of –$6.7bn dominates the quality read.

Sections⌄
  1. Snapshot
  2. Valuation
  3. Chat
  4. Longitudinal View
  5. Follow-through
  6. Archive
  7. Related Insights
  1. Snapshot
  2. Valuation
  3. Chat
  4. Longitudinal View
  5. Follow-through
  6. Archive
  7. Related Insights

Snapshot

Latest metrics

HY26, released 5 May 2026

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WBC latest metrics
MetricValueChange
Revenue$11.3b—
NPAT$3.4b—
Operating cash flow-$6.7b—
ROE %4.8%—
DPS77.0c—
Payout ratio vs NPAT %77.1%—
PBT$4.9b—
FCF pre-lease-$7.1b—
Total assets$1,172.6b—

Source: latest published briefing (HY26, released 5 May 2026). Change compares against the prior equivalent period: not available for this company.

Valuation

Valuation

A compact read on what the market price implies next to the latest filing data. The numbers are a starting point for comparison, not a recommendation.

Price and market cap

The latest close and share count context for the market price.

Market cap

Not available

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Not available for this company right now.

Profitability multiples

How the market price compares with recent earnings and cash-flow inputs.

P/E

Not available

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Not available for this company right now.

EPS

Not available

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Not available for this company right now.

PEG

Not available

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Not available for this company right now.

EV/EBITDA

Not available

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Not available for this company right now.

P/FCF

Not available

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Not available for this company right now.

P/B

Not available

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Not available for this company right now.

Income and fund shape

Yield and fund-style valuation where the company shape supports it.

Dividend yield

Not available

i

Not available for this company right now.

Total return

Not available

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Available once dividend and adjustment data are verified.

Chat

Ask about WBC

Ask follow-up questions about Westpac Banking Corporation's latest result and company history.

Informational only. No buy, sell, hold, price-target, or personal financial advice.

Ask about WBC

Informational only. No buy, sell, hold, price-target, or personal financial advice.

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What changed in the latest result?What is unusual in the historical context?How has cash conversion changed over time?Compare this company with CNU.

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Longitudinal view

Performance over time

The latest period is shown first.

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WBC metric history
MetricHY266 MONTHS5 May 2026Trend
Revenue$11.3b
—
Revenue growth %4.6%
—
PBT$4.9b
—
PBT growth %1.4%
—
NPAT$3.4b
—
NPAT growth %2.9%
—
Operating cash flow-$6.7b
—
FCF pre-lease-$7.1b
—
DPS77.0c
—
Payout ratio vs NPAT %77.1%
—
ROE %4.8%
—
Total assets$1,172.6b
—

Reference: annolyse.ai/companies/wbc

Filing-only history charts

These charts use verified published filing periods only. Gaps are not interpolated, and mixed half-year/full-year histories are split into separate series.

Revenue

Reported revenue across covered periods.

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Revenue growth

Like-period revenue growth where comparable.

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NPAT

Statutory profit after tax.

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Operating cash flow

Cash generated from operations.

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FCF pre-lease

Operating cash flow less capex before leases.

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ROE

Return on equity.

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Full chartable metric set

Additional verified filing metrics for this company. Each point links back to a published briefing period in the source data contract.

DPS

Dividend per share declared for the period.

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Payout ratio

Dividend payout against statutory NPAT.

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The setup & the reality

HY26 Follow-through

This section starts once there are at least two briefings for the company, so the latest result can be checked against what the previous briefing said to watch.

Expectations tracker

Once a second briefing exists for this company, this section will compare the latest result with what the previous briefing said to watch.

Archive

Briefing archive

Every published Annolyse briefing for this company appears here in reverse chronological order.

HY26 · Released 5 May 2026

WBC HY26: NPAT +2.9% but operating cash flow swung to –$6.7bn

Revenue grew 4.6% and PBT rose 1.4%, but a swing to negative operating cash flow of –$6.7bn dominates the quality read.

Read briefing→

Related insights

Compare this company

The latest WBC metrics also appear in these cross-company views.

Insight

Earnings quality and statutory distortions

PBT and NPAT growth diverged by 1.5pp, with a distortion flag in the result.

Open insight→

Insight

Dividend coverage and payout pressure

Dividend payout versus NPAT is 77.1%.

Open insight→

Insight

Revenue growth context

Revenue growth was 4.6% for this reporting period.

Open insight→

Insight

ROE and capital efficiency

ROE was 4.8%, +0.2pp versus the prior comparable period.

Open insight→

Get notified when WBC publishes

Get the next Westpac Banking Corporation result briefing and five-year history updates by email.