Westpac Banking (WBC.AX) - Market capitalization

Market cap: NZ$125.49 Billion

As of September 2024 Westpac Banking has a market cap of NZ$125.49 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	NZ$125.49 B	45.15%
2023	NZ$86.45 B	-1.07%
2022	NZ$87.39 B	5.22%
2021	NZ$83.05 B	10.95%
2020	NZ$74.85 B	-15.05%
2019	NZ$88.12 B	-2.26%
2018	NZ$90.16 B	-22.79%
2017	NZ$116.77 B	2.82%
2016	NZ$113.57 B	-0.61%
2015	NZ$114.26 B	6.42%
2014	NZ$107.37 B	-1.37%
2013	NZ$108.86 B	7.79%
2012	NZ$100.99 B	28.68%
2011	NZ$78.49 B	-9.9%
2010	NZ$87.11 B	-5.22%
2009	NZ$91.91 B	138.84%
2008	NZ$38.48 B	-34.65%
2007	NZ$58.88 B	17.7%
2006	NZ$50.03 B	9.94%
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 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	NZ$191.62 B	52.69%	🇺🇸 USA
Royal Bank Of Canada RY	NZ$278.74 B	122.11%	🇨🇦 Canada
CIBC CM	NZ$94.21 B	-24.93%	🇨🇦 Canada
Barclays BCS	NZ$71.96 B	-42.66%	🇬🇧 UK
ICICI Bank IBN	NZ$179.20 B	42.79%	🇮🇳 India
Commonwealth Bank CBA.AX	NZ$260.37 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: NZ$125.49 Billion