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WESTPAC BANKING CORPORATION

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Westpac Banking : 07/10/2021 Westpac accredited as data recipient under Open Banking

10/07/2021 | 02:17am EST

7 October 2021

Statement from Chris de Bruin, Chief Executive, Consumer & Business Banking, Westpac Group

"Westpac supports the increased competition and innovation from Open Banking, which allows consumers to securely share selected banking data with trusted third parties.

"We are pleased the ACCC has approved Westpac as an Accredited Data Recipient under the Consumer Data Right.

"We have worked hard alongside the Federal Government and regulators as the Consumer Data Right has evolved for the banking sector, and will continue to focus on ensuring our customers understand how they can benefit from Open Banking as we develop use cases that customers can leverage."

Media Contact:

westpacmediarelations@westpac.com.au

Disclaimer

Westpac Banking Corporation published this content on 07 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 October 2021 06:16:08 UTC.


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Financials
Sales 2022 19 681 M 13 809 M 13 809 M
Net income 2022 5 366 M 3 765 M 3 765 M
Net Debt 2022 - - -
P/E ratio 2022 13,9x
Yield 2022 5,93%
Capitalization 75 850 M 53 254 M 53 218 M
Capi. / Sales 2022 3,85x
Capi. / Sales 2023 3,73x
Nbr of Employees 40 143
Free-Float 99,6%
Chart WESTPAC BANKING CORPORATION
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Westpac Banking Corporation Technical Analysis Chart | WBC | AU000000WBC1 | MarketScreener
Technical analysis trends WESTPAC BANKING CORPORATION
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 16
Last Close Price 20,70 AUD
Average target price 25,61 AUD
Spread / Average Target 23,7%
EPS Revisions
Managers and Directors
Peter Francis King Chief Executive Officer, MD & Director
Michael Rowland Chief Financial Officer
John McFarlane Chairman
Scott Collary Chief Operating Officer
Leslie Wilson Vance Group Executive-Financial Crime & Compliance
Sector and Competitors