Westpac Banking Stock Net Income

WBCPI Stock   100.32  0.00  0.00%   
Westpac Banking fundamentals help investors to digest information that contributes to Westpac Banking's financial success or failures. It also enables traders to predict the movement of Westpac Stock. The fundamental analysis module provides a way to measure Westpac Banking's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Westpac Banking stock.
Last ReportedProjected for Next Year
Net Income Applicable To Common Shares4.9 B5.1 B
Net Income6.5 BB
Net Income From Continuing Ops6.5 BB
The current year's Net Income Applicable To Common Shares is expected to grow to about 5.1 B, whereas Net Income is forecasted to decline to about 5 B.
  
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Westpac Banking Company Net Income Analysis

Westpac Banking's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Westpac Banking Net Income

    
  7.2 B  
Most of Westpac Banking's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Westpac Banking is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Westpac Net Interest Income

Net Interest Income

18.3 Billion

At present, Westpac Banking's Net Interest Income is projected to increase significantly based on the last few years of reporting.
Based on the recorded statements, Westpac Banking reported net income of 7.2 B. This is much higher than that of the Banks sector and significantly higher than that of the Financials industry. The net income for all Australia stocks is significantly lower than that of the firm.

Westpac Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Westpac Banking's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Westpac Banking could also be used in its relative valuation, which is a method of valuing Westpac Banking by comparing valuation metrics of similar companies.
Westpac Banking is currently under evaluation in net income category among its peers.

Westpac Fundamentals

About Westpac Banking Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Westpac Banking's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Westpac Banking using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Westpac Banking based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Other Information on Investing in Westpac Stock

Westpac Banking financial ratios help investors to determine whether Westpac Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Westpac with respect to the benefits of owning Westpac Banking security.