WBC westpac banking corporation

To address just one of your claims: "US banks are going bankrupt...

  1. 687 Posts.
    lightbulb Created with Sketch. 99
    To address just one of your claims: "US banks are going bankrupt yet Aus banks have not"

    So far this year just 0.06% of 1% of the 4,844 commercials insured banks in the US have run into financial difficulties requiring intervention.

    If the same percentage of Australia's 95 banks went broke .... well, I'm not sure how a tiny fraction of one bank can go broke ....

    And a quick Google search shows that the average capital adequacy ratio of Australian banks is about 3 percent higher than the average US bank which is a lot.

    Like most traditional banks WBC faces a number of challenges. Solvency risk is not one of them.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$33.21
Change
-0.380(1.13%)
Mkt cap ! $113.6B
Open High Low Value Volume
$33.57 $33.78 $32.81 $342.4M 11.00M

Buyers (Bids)

No. Vol. Price($)
1 39793 $33.20
 

Sellers (Offers)

Price($) Vol. No.
$33.22 13338 1
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
WBC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.