Shannon Finch - Westpac Banking Group General Counsel

Insider

Shannon Finch is Group General Counsel of Westpac Banking since 2021.
Tenure 3 years
Phone61 2 9155 7713
Webhttps://www.westpac.com.au

Westpac Banking Management Efficiency

The company has Return on Asset of 0.59 % which means that on every $100 spent on assets, it made $0.59 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 7.8 %, implying that it generated $7.8 on every 100 dollars invested. Westpac Banking's management efficiency ratios could be used to measure how well Westpac Banking manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 211.8 B in debt with debt to equity (D/E) ratio of 13.44, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Debt can assist Westpac Banking until it has trouble settling it off, either with new capital or with free cash flow. So, Westpac Banking's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Westpac Banking sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Westpac to invest in growth at high rates of return. When we think about Westpac Banking's use of debt, we should always consider it together with cash and equity.

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Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, the Americas, Asia, Europe, and internationally. The company was founded in 1817 and is based in Sydney, Australia. Westpac Banking operates under BanksDiversified classification in the United States and is traded on New York Stock Exchange. It employs 40143 people. Westpac Banking (WBK) is traded on New York Stock Exchange in USA and employs 40,143 people.

Management Performance

Westpac Banking Leadership Team

Elected by the shareholders, the Westpac Banking's board of directors comprises two types of representatives: Westpac Banking inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Westpac. The board's role is to monitor Westpac Banking's management team and ensure that shareholders' interests are well served. Westpac Banking's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Westpac Banking's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ewen Crouch, Non-Executive Independent Director
Audette Exel, Non-Executive Independent Director
Alastair Welsh, Acting Group Executive - Enterprise Services
George Frazis, CEO - St.George Banking Group
Catherine Mcgrath, Chief Executive Officer - Westpac New Zealand
Gary Thursby, Group Executive, Strategy & Enterprise Services
Tim Hartin, Group Company Secretary
Elizabeth Bryan, Non-Executive Independent Director
Guilherme Lima, Chief Executive of Business division
Craig Dunn, Non-Executive Independent Director
Rebecca Lim, General Counsel, Group Executive, Compliance, Legal & Secretariat
Andrew Bowden, Head - Investor Relations
John McFarlane, Non-Executive Independent Chairman of the Board
Shannon Finch, Group General Counsel
Carolyn McCann, Group Executive - Customer & Corporate Relations
Brian Hartzer, Chief Executive Officer, Managing Director, Executive Director
Jason Yetton, Chief Executive - Specialist Businesses Strategy & Transformation
Peter Hawkins, Non-Executive Independent Director
Lindsay Maxsted, Non-Executive Independent Chairman of the Board
David Curran, CIO
Simon Power, Acting Chief Executive Officer - Westpac New Zealand Limited
David Stephen, Chief Risk Officer
Peter Marriott, Independent Non-Executive Director
David Lindberg, Chief Executive - Commercial & Business Bank
John Arthur, COO, Senior Company Secretary
Michael Hawker, Non-Executive Independent Director
Anthony Miller, Chief Executive - Westpac Institutional Bank
Richard Burton, Acting Chief Executive - Consumer Division
Christopher Lynch, Independent Non-Executive Director
Peter King, Chief Executive Officer, Managing Director, Executive Director
Alison Deans, Non-Executive Independent Director
Robert Elstone, Non-Executive Independent Director
Curt Zuber, Acting Chief Executive Officer - Westpac Institutional Bank
Michael Rowland, Chief Financial Officer
Anita Fung, Non-Executive Independent Director
Craig Bright, Chief Information Officer
Leslie Vance, Group Executive, Financial Crime, Compliance and Conduct
Alexandra Holcomb, Chief Risk Officer
Margaret Seale, Non-Executive Independent Director
Philip Coffey, Deputy CEO
Peter Nash, Non-Executive Independent Director
Mei Yuen, Director
Nora Scheinkestel, Non-Executive Independent Director
Christine Parker, Group Executive - Human Resources, Corporate Affairs & Sustainability
Lyn Cobley, Group Executive - Westpac Institutional Bank (WIB)
Steven Harker, Non-Executive Independent Director
Chris Bruin, Chief Executive, Consumer & Buisness Banking
David Lees, Acting Chief Financial Officer
Scott Collary, Chief Operating Officer
David McLean, Chief Executive Officer - Westpac New Zealand Limited
Joanne Dawson, Group Treasurer
Nerida Caesar, Non-Executive Independent Director
Brad Cooper, CEO of BT Financial Group

Westpac Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Westpac Banking a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Westpac Banking information on this page should be used as a complementary analysis to other Westpac Banking's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Consideration for investing in Westpac Stock

If you are still planning to invest in Westpac Banking check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Westpac Banking's history and understand the potential risks before investing.
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