Companies: 48,687 Total Market Cap: 126956050782004.97

Westpac Banking

ASX-WBC
Financials Banks - Diversified
Rank #256
Market Cap 73.68 B
Volume 3.79 M
Price 21.54
Change (%) 1.92%
Country or region Australia Australia

Westpac Banking's latest marketcap:

73.68 B

As of May 2, 2025, Westpac Banking's market capitalization has reached $73.68 B. According to our data, Westpac Banking is the 256th most valuable company globally by market capitalization. Market capitalization, commonly referred to as market cap, represents the total market value of all outstanding shares of a publicly traded company and is often used as a measure of company value.

Market Cap 73.68 B
Revenue (ttm) 6.84 B
Net Income (ttm) 2.26 B
Shares Out 3.42 B
EPS (ttm) 0
Forward PE 16.62
Ex-Dividend Date November 7, 2024
Earnings Date May 5, 2025
Market Cap Chart
Data Updated: May 2, 2025

Westpac Banking's yearly market capitalization.

Westpac Banking has seen its market value grow from A$69.87 B to A$106.64 B since 2020, representing a total increase of 52.63% and an annual compound growth rate (CAGR) of 10.32%.
Date Market Cap Change (%)
April 22, 2025 A$106.64 B -3.8%
December 31, 2024 A$110.85 B 38.45%
December 29, 2023 A$80.07 B -2.14%
December 30, 2022 A$81.82 B 4.59%
December 31, 2021 A$78.23 B 11.97%
December 31, 2020 A$69.87 B

Company Profile

About Westpac Banking Corporation

Westpac Banking Corporation is a leading financial services provider operating in Australia, New Zealand, the Pacific Islands, Asia, the Americas, and Europe. The company offers a comprehensive range of banking and financial solutions through its four key segments:

  • Consumer, Business & Wealth
  • Westpac Institutional Bank
  • Westpac New Zealand

Key Products & Services

Westpac provides a diverse portfolio of financial solutions, including:

  • Banking Accounts: Savings, term deposits, business transactions, foreign currency, and trust accounts.
  • Loans & Financing: Home, personal, business, and commercial loans, as well as vehicle and equipment finance.
  • Cards & Payments: Debit and credit cards, international money transfers, and payment solutions.
  • Investment & Insurance: Share trading, superannuation, life, travel, and business insurance.
  • Corporate & Institutional Services: Transaction banking, financial markets, trade finance, and treasury services.

Customer Segments

Westpac serves a wide range of clients, including:

  • Individuals and consumers
  • Small to medium businesses
  • Commercial and agribusiness customers
  • High-net-worth individuals
  • Corporate, institutional, and government clients

Company Background

Originally established as the Bank of New South Wales in 1817, the company rebranded as Westpac Banking Corporation in 1982. Today, it remains headquartered in Sydney, Australia, and continues to be a trusted name in global banking.

Frequently Asked Questions

As of May 2, 2025, Westpac Banking (including the parent company, if applicable) has an estimated market capitalization of $73.68 B USD. This figure represents the total market value of its outstanding shares, including different share classes. Please note that market capitalization fluctuates based on market conditions, and the actual valuation may differ from the latest estimate.

Westpac Banking global market capitalization ranking is approximately 256 as of May 2, 2025. This ranking is relative to all publicly traded companies worldwide and can fluctuate based on market dynamics and the performance of other companies. You can refer to our Global companies market cap ranking for the most up-to-date ranking.

Stock Detail

Country or region Australia
Founded 1817
IPO Date n/a
Employees 33,583
CEO Anthony Miller
Sector Financials
Industry Banks - Diversified
Address Westpac Place
Sydney, New South Wales 2000
Australia