Westpac Banking (WBC.AX) - Market capitalization

Market cap: A$116.45 Billion

As of September 2024 Westpac Banking has a market cap of A$116.45 Billion. This makes Westpac Banking the world's 242th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Westpac Banking from 1996 to 2024

End of year Market Cap

Year	Market cap	Change
2024	A$116.45 B	45.11%
2023	A$80.25 B	-1.57%
2022	A$81.53 B	4.22%
2021	A$78.23 B	11.97%
2020	A$69.86 B	-17.37%
2019	A$84.56 B	-1.51%
2018	A$85.85 B	-19.18%
2017	A$106.23 B	-2.67%
2016	A$109.13 B	1.77%
2015	A$107.24 B	4.41%
2014	A$102.71 B	2.47%
2013	A$100.24 B	25.51%
2012	A$79.86 B	33.68%
2011	A$59.74 B	-9.64%
2010	A$66.11 B	-10.77%
2009	A$74.09 B	130.51%
2008	A$32.14 B	-38.27%
2007	A$52.07 B	16.46%
2006	A$44.71 B	5.18%
2005	A$42.50 B	19.15%
2004	A$35.67 B	20.22%
2003	A$29.67 B	19.44%
2002	A$24.84 B	-14.75%
2001	A$29.14 B	25.4%
2000	A$23.24 B	19.4%
1999	A$19.46 B	-6.13%
1998	A$20.73 B	13.73%
1997	A$18.23 B	39.87%
1996	A$13.03 B

End of Day market cap according to different sources

On Sep 20th, 2024 the market cap of Westpac Banking was reported to be:

Market capitalization for similar companies or competitors

Name	Market cap	Market cap differencediff.	Country
Citigroup C	A$177.81 B	52.69%	🇺🇸 USA
Royal Bank Of Canada RY	A$258.65 B	122.11%	🇨🇦 Canada
CIBC CM	A$87.42 B	-24.93%	🇨🇦 Canada
Barclays BCS	A$66.77 B	-42.66%	🇬🇧 UK
ICICI Bank IBN	A$166.28 B	42.79%	🇮🇳 India
Commonwealth Bank CBA.AX	A$241.61 B	107.48%	🇦🇺 Australia

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Market capitalization of Westpac Banking (WBC.AX)

Market cap: A$116.45 Billion