- Westpac’s Common Equity Tier 1 (CET1) ratio stands at 12.3% for the third quarter.
- This CET1 ratio is a key measure of a bank’s financial strength, indicating a solid capital position.
- The net interest margin reported by Westpac is 1.99%.
- Core net interest margin, which is a reflection of the bank’s profitability on its lending activities, is at 1.85%.
- Analyst recommendations for Westpac include 1 buy rating, 5 hold ratings, and 10 sell ratings.
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A look at Westpac Banking Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Westpac Banking Corporation, a global provider of banking services, has received a mixed outlook based on the Smartkarma Smart Scores. While the company scores well in areas such as Dividend and Resilience, with scores of 4 and 3 respectively, its Value, Growth, and Momentum scores sit at a moderate level of 3. This suggests that while Westpac offers consistent dividends and is resilient in challenging times, there may be room for improvement in terms of value, growth potential, and momentum.
Offering a range of financial services to individuals, businesses, and corporations worldwide, Westpac Banking Corporation’s overall outlook appears stable but with opportunities for enhancement in certain key areas. Investors may find the company attractive for its reliable dividends and resilient nature, although further evaluation may be warranted to assess its potential for value appreciation, growth prospects, and momentum in the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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