Westpac Banking (WBC.AX) - Market capitalization

Market cap: £54.57 Billion

As of December 2024 Westpac Banking has a market cap of £54.57 Billion. This makes Westpac Banking the world's 283th 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	Marketcap	Change
2024	£54.57 B	27.17%
2023	£42.91 B	-6.42%
2022	£45.86 B	9.15%
2021	£42.01 B	6.6%
2020	£39.41 B	-12.7%
2019	£45.14 B	-5.25%
2018	£47.64 B	-22.17%
2017	£61.22 B	-4.02%
2016	£63.78 B	20.98%
2015	£52.72 B	-2.36%
2014	£53.99 B	-0.39%
2013	£54.20 B	5.56%
2012	£51.34 B	29.86%
2011	£39.54 B	-9.11%
2010	£43.50 B	5.77%
2009	£41.13 B	165.82%
2008	£15.47 B	-32.47%
2007	£22.91 B	27.64%
2006	£17.95 B	-0.46%
2005	£18.03 B	25.42%
2004	£14.38 B	16.62%
2003	£12.33 B	41.25%
2002	£8.73 B	-14.9%
2001	£10.25 B	17.83%
2000	£8.70 B	9.98%
1999	£7.91 B	3.67%
1998	£7.63 B	5.59%
1997	£7.23 B	19.57%
1996	£6.04 B

End of Day market cap according to different sources

On Dec 21st, 2024 the market cap of Westpac Banking was reported to be:

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Citigroup C	£104.70 B	91.85%	🇺🇸 USA
Royal Bank Of Canada RY	£136.62 B	150.35%	🇨🇦 Canada
CIBC CM	£48.53 B	-11.07%	🇨🇦 Canada
Barclays BCS	£39.58 B	-27.46%	🇬🇧 UK
ICICI Bank IBN	£85.98 B	57.55%	🇮🇳 India
Commonwealth Bank CBA.AX	£125.92 B	130.74%	🇦🇺 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: £54.57 Billion