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

Snapshot

Latest metrics

HY26, released 5 May 2026

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WBC latest metrics
MetricValueChange
Revenue$11.3m—
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.

Chat

Ask about WBC

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

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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$11.3m
—
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

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

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