Westpac (WBC) Financial Ratio Screen

ASX Financial Services Australia AUD 139265M
BUSINESS EXCLUSION FLAG*
Automated financial screen · activity assessed separately
Westpac (WBC) is potentially non-compliant because its supplied classification is Banks - Diversified. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

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MSCI new-inclusion financial-ratio snapshot

WBC financial screening at a glance

BUSINESS EXCLUSION FLAG*Financial ratios shown separately from business review — not a fatwa
Debt ratio
N/A
Not available vs 30%
Cash ratio
N/A
Not available vs 30%
Receivables + cash
N/A
Not available vs 30%
Impermissible income
N/A
Not available vs 5%

Calculation date: 2026-08-31. Financial period used: September 2024. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleBusiness exclusion flagSupplied classification requires attention
FTSE/Yasaar-styleBusiness exclusion flagSupplied classification requires attention
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityBusiness exclusion flagSupplied sector or industry classification matched an exclusion
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodSeptember 2024Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Business exclusion flag

The supplied classification (Banks - Diversified) matches a prohibited-activity category.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: Westpac Banking Corporation provides banking and other financial services in Australia, New Zealand, the Pacific Islands, Asia, the Americas, and Europe. It operates through the Consumer, Business & Wealth, Institutional, and New Zealand segments. The company offers bank accounts, home and personal loans, credit cards, international and travel banking services, insurance, superannuation, investments, share trading, margin lending, private banking, and online banking services; savings and transactions accounts, loans and finance, payment solutions, insurance for businesses, foreign exchange and international money transfer, commercial business and industry banking; bank guarantee, business digital wallet, business setup, and business term deposits; and corporate online banking, transaction banking, corporate and structured finance, and trade and supply chain finance services. It serves individuals and consumers; small to medium businesses and commercial and agribusiness customers; high-net-worth individuals; and corporate and institutional and government customers. The company was formerly known as Bank of New South Wales and changed its name to Westpac Banking Corporation in October 1982. Westpac Banking Corporation was founded in 1817 and is headquartered in Sydney, Australia.

Sources to verify: Secondary company profile and classification · Issuer website

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from September 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI Excluded — Banks - Diversified BUSINESS EXCLUSION FLAG*
FTSE Excluded — Banks - Diversified BUSINESS EXCLUSION FLAG*

Financial Highlights

P/E Ratio
20.5
Forward: 18.6
EPS
$1.99
Dividend Yield
378.0%
Payout: 76.2%
P/B Ratio
1.9
Revenue
$21.6B
Growth: 5.3%
Beta
0.8
Average volatility

Profitability

Gross Margin 0.0%
Operating Margin 56.0%
Net Margin 31.5%
Return on Equity (ROE) 9.6%
Return on Assets (ROA) 0.6%

Cash Flow & Balance Sheet

Operating Cash Flow-$19.8B
Free Cash Flow-$20.8B
Total Debt$207.2B
Total Assets$1.1T

Price & Trading

Last CloseAUD 40.46
50-Day MAAUD 40.47
200-Day MAAUD 38.09
Avg Volume4.2M
Beta0.8
52-Week Range
AUD 28.44
AUD 43.32

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-03-29 for the financial period September 2024. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About Westpac (WBC)

CEO
Mr. Anthony James Miller B.A., L.L.B.
Employees
35,236
Sector
Financial Services
Industry
Banks - Diversified
Country
Australia
Exchange
ASX
Market Cap (listing currency)
AUD 139265M
Currency
AUD

Westpac Banking Corporation provides banking and other financial services in Australia, New Zealand, the Pacific Islands, Asia, the Americas, and Europe. It operates through the Consumer, Business & Wealth, Institutional, and New Zealand segments. The company offers bank accounts, home and personal loans, credit cards, international and travel banking services, insurance, superannuation, investments, share trading, margin lending, private banking, and online banking services; savings and transactions accounts, loans and finance, payment solutions, insurance for businesses, foreign exchange and international money transfer, commercial business and industry banking; bank guarantee, business digital wallet, business setup, and business term deposits; and corporate online banking, transaction banking, corporate and structured finance, and trade and supply chain finance services. It serves individuals and consumers; small to medium businesses and commercial and agribusiness customers; high-net-worth individuals; and corporate and institutional and government customers. The company was formerly known as Bank of New South Wales and changed its name to Westpac Banking Corporation in October 1982. Westpac Banking Corporation was founded in 1817 and is headquartered in Sydney, Australia.

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Frequently Asked Questions

Is Westpac (WBC) halal to invest in?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is Westpac's debt ratio?

Westpac's debt ratio is not available in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are Westpac's key financial metrics?

Westpac has a market capitalization of AUD 139265M in its listing currency, trailing P/E ratio of 20.5, and revenue of $21.6B. Return on equity stands at 9.6%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: September 2024. These dates are shown separately because regenerating this page does not refresh the underlying data.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.