Westpac stock: Citi keeps Hold on Westpac stock at AUD 36.10 target

Published on 10/20/2026 at 16:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue reached AUD 10.90 billion, up 2.90 percent. Westpac stock costs EUR 21.82 on October 20, 2026 at 4:00 p.m. CEST.

Target and earnings markers

Citi maintained a Hold rating and a AUD 36.10 price target on October 11, 2026.
First-half fiscal 2026 revenue reached AUD 10.90 billion, up 2.90 percent year over year.
Westpac stock costs EUR 21.82 at Lang & Schwarz on October 20, 2026 at 4:00 p.m. CEST.
Westpac will announce fiscal 2026 results on November 2, 2026.

Westpac, AU000000WBC1, Illustration mit AI erstellt.

Westpac (AU000000WBC1) remains rated Hold by Citi, which set a AUD 36.10 price target on October 11, 2026, according to Markets Insider. Westpac was trading at EUR 21.82 at Lang & Schwarz on October 20, 2026 at 4:00 p.m. CEST.

Citi target leaves earnings in view

Citi's target is stated in Australian dollars, while the German trading indication is in euros, so the two figures are not combined into one return calculation. The rating nevertheless puts the bank's valuation in the foreground ahead of its next full-year update.

Simply Wall St reported that revenue in the first half of fiscal 2026 reached AUD 10.90 billion, an increase of 2.90 percent from the first half of fiscal 2025. Net income was AUD 3.41 billion, also up 2.90 percent, while adjusted earnings per share rose to AUD 1.00 from AUD 0.97.

Westpac stock stays near its yearly low

The ASX-listed bank's primary-market quote was AUD 35.13 on October 20, 2026 at 4:10 p.m. AEDT, with the ASX session closed. Its 52-week range was AUD 33.46 to AUD 43.32, placing the quote AUD 1.67 above the low and AUD 8.19 below the high. The session volume was 5,181,420 shares.

Results date sets the next marker

Westpac's Investor Centre lists fiscal 2026 results for November 2, 2026 and the annual general meeting for December 16, 2026. The company also lists a 2026 interim ordinary dividend of AUD 0.77 per share, fully franked and paid on June 26, 2026, according to Westpac.

Westpac's market capitalization was AUD 120.0 billion, and its price-to-earnings ratio was 17.31 on October 20, 2026. The annual results date is the next company-specific event for investors assessing whether first-half revenue growth carried into the full year.

Valuation and dates

Westpac combines a 4.00 percent dividend yield with a price-to-earnings ratio of 17.31. That valuation sits alongside the first-half figures and Citi's AUD 36.10 target, while the November 2 results date provides the next opportunity for updated earnings and capital commentary.

Trading indication

Westpac was trading at EUR 21.82 at Lang & Schwarz on October 20, 2026 at 4:00 p.m. CEST. The quote is below its 52-week high of AUD 43.32 when viewed against the separate ASX price in Australian dollars, so no cross-currency percentage is applied. The further course of trading is shown by the continuously updated real-time quote of Westpac stock.