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Westpac Banking Stock

Westpac Banking ROA 2024

Westpac Banking ROA

0.01

Ticker

WBC.AX

ISIN

AU000000WBC1

WKN

854242

In 2024, Westpac Banking's return on assets (ROA) was 0.01, a 24.43% increase from the 0.01 ROA in the previous year.

Westpac Banking Aktienanalyse

What does Westpac Banking do?

The Westpac Banking Corporation is an Australian banking group that was founded in 1817. The company is one of the largest banks in Australia and New Zealand, and one of the leading banks in the Asia-Pacific region. Westpac Banking Corp. is divided into various business divisions, each specializing in specific financial areas. The company operates in Australia and New Zealand in the areas of retail banking, wealth management, business banking, and institutional banking. The company also operates subsidiaries and joint ventures in Asia. Westpac is a leading company in the Australian banking sector and offers a wide range of financial services. One of the company's key business models is the financing of residential and commercial properties, including providing mortgage loans and other loans. The company is also involved in financing land and agricultural transactions. The bank also offers a wide range of services for other sectors, including personal customers, SMEs, large corporations, and institutions. In the personal banking sector, for example, the bank offers checking accounts, credit cards, as well as financing options for cars, boats, and other assets. Westpac also has a wealth management segment specializing in asset management, investment advisory, and securities trading. The company also offers insurance for cars, homes, and businesses. In the investment banking segment of Westpac, corporate financing, mergers and acquisitions, initial public offerings, and capital market transactions are conducted. Westpac employs an experienced team of investment bankers, analysts, and other advisors to offer professional services to its clients. With the advancing digitization, Westpac has also developed a variety of online and mobile banking services. Customers can open online accounts, make transfers, pay bills, and much more from the comfort of their homes. In recent years, Westpac has also launched new initiatives to fulfill its role as a socially responsible bank. For example, the company has committed to combating climate change and taking measures to minimize its environmental impact. Overall, Westpac is one of the leading banks in Australia and New Zealand, and a key player in the Asia-Pacific region. With a wide range of financial services and an experienced team of financial experts, the company is well-positioned to offer its customers first-class services in all areas of the financial system. Westpac Banking ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Westpac Banking's Return on Assets (ROA)

Westpac Banking's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Westpac Banking's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Westpac Banking's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Westpac Banking’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Westpac Banking stock

What is the Return on Assets (ROA) of Westpac Banking this year?

The Return on Assets (ROA) of Westpac Banking is 0.01 undefined this year.

What was the ROA of Westpac Banking compared to the previous year?

The ROA of Westpac Banking has increased by 24.43% compared to the previous year.

What consequences do high ROA have for investors of Westpac Banking?

A high ROA is advantageous for investors of Westpac Banking, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Westpac Banking?

A low ROA can be unfavorable for investors of Westpac Banking as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Westpac Banking affect the company?

An increase in ROA of Westpac Banking can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Westpac Banking impact the company?

A reduction in the ROA of Westpac Banking can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Westpac Banking?

Some factors that can influence the ROA of Westpac Banking include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Westpac Banking important for investors?

The ROA of Westpac Banking is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Westpac Banking take to improve ROA?

To improve ROA, Westpac Banking can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Westpac Banking pay?

Over the past 12 months, Westpac Banking paid a dividend of 2.03 AUD . This corresponds to a dividend yield of about 6.32 %. For the coming 12 months, Westpac Banking is expected to pay a dividend of 2 AUD.

What is the dividend yield of Westpac Banking?

The current dividend yield of Westpac Banking is 6.32 %.

When does Westpac Banking pay dividends?

Westpac Banking pays a quarterly dividend. This is distributed in the months of December, June, December, June.

How secure is the dividend of Westpac Banking?

Westpac Banking paid dividends every year for the past 25 years.

What is the dividend of Westpac Banking?

For the upcoming 12 months, dividends amounting to 2 AUD are expected. This corresponds to a dividend yield of 6.24 %.

In which sector is Westpac Banking located?

Westpac Banking is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Westpac Banking kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Westpac Banking from 6/25/2024 amounting to 0.214 AUD, you needed to have the stock in your portfolio before the ex-date on 5/9/2024.

When did Westpac Banking pay the last dividend?

The last dividend was paid out on 6/25/2024.

What was the dividend of Westpac Banking in the year 2023?

In the year 2023, Westpac Banking distributed 1.786 AUD as dividends.

In which currency does Westpac Banking pay out the dividend?

The dividends of Westpac Banking are distributed in AUD.

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Andere Kennzahlen von Westpac Banking

Our stock analysis for Westpac Banking Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Westpac Banking Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.