Westpac Banking (WBC.AX) - Market capitalization

Market cap: NZ$120.60 Billion

As of December 2024 Westpac Banking has a market cap of NZ$120.60 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	NZ$120.60 B	39.5%
2023	NZ$86.45 B	-1.07%
2022	NZ$87.39 B	5.25%
2021	NZ$83.03 B	11.52%
2020	NZ$74.45 B	-15.3%
2019	NZ$87.90 B	-2.51%
2018	NZ$90.17 B	-22.6%
2017	NZ$116.50 B	2.54%
2016	NZ$113.61 B	-0.47%
2015	NZ$114.15 B	6.4%
2014	NZ$107.28 B	-1.39%
2013	NZ$108.80 B	7.85%
2012	NZ$100.88 B	28.12%
2011	NZ$78.74 B	-9.54%
2010	NZ$87.05 B	-5.01%
2009	NZ$91.64 B	134.5%
2008	NZ$39.08 B	-34.24%
2007	NZ$59.43 B	19.06%
2006	NZ$49.91 B	9.7%
2005	NZ$45.50 B	17.61%
2004	NZ$38.69 B	14.02%
2003	NZ$33.93 B	26.87%
2002	NZ$26.74 B	-25.33%
2001	NZ$35.82 B	22.16%
2000	NZ$29.32 B	19.8%
1999	NZ$24.47 B	1.59%
1998	NZ$24.09 B	17.69%
1997	NZ$20.47 B	39.66%
1996	NZ$14.65 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	NZ$231.38 B	91.85%	🇺🇸 USA
Royal Bank Of Canada RY	NZ$301.93 B	150.35%	🇨🇦 Canada
CIBC CM	NZ$107.26 B	-11.07%	🇨🇦 Canada
Barclays BCS	NZ$87.48 B	-27.46%	🇬🇧 UK
ICICI Bank IBN	NZ$190.02 B	57.55%	🇮🇳 India
Commonwealth Bank CBA.AX	NZ$278.28 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: NZ$120.60 Billion