Westpac Banking Corp
ASX:WBC

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Westpac Banking Corp
ASX:WBC
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Price: 32.43 AUD 0.43% Market Closed
Market Cap: 111.4B AUD
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Westpac Banking Corp
Revenue

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Westpac Banking Corp
Revenue Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Revenue CAGR 3Y CAGR 5Y CAGR 10Y
Westpac Banking Corp
ASX:WBC
Revenue
AU$21.9B
CAGR 3-Years
1%
CAGR 5-Years
1%
CAGR 10-Years
1%
Australia and New Zealand Banking Group Ltd
ASX:ANZ
Revenue
AU$21.7B
CAGR 3-Years
4%
CAGR 5-Years
1%
CAGR 10-Years
-1%
Commonwealth Bank of Australia
ASX:CBA
Revenue
AU$27.3B
CAGR 3-Years
4%
CAGR 5-Years
2%
CAGR 10-Years
1%
National Australia Bank Ltd
ASX:NAB
Revenue
AU$26B
CAGR 3-Years
15%
CAGR 5-Years
7%
CAGR 10-Years
-5%
Judo Capital Holdings Ltd
ASX:JDO
Revenue
AU$396.7m
CAGR 3-Years
64%
CAGR 5-Years
211%
CAGR 10-Years
N/A
No Stocks Found

Westpac Banking Corp
Glance View

Market Cap
111.4B AUD
Industry
Banking
Economic Moat
None

Westpac Banking Corporation, an enduring presence in the Australian financial sector, serves as a key pillar of the country’s economic infrastructure. Founded in 1817 as the Bank of New South Wales, it holds the distinction of being Australia's first and oldest bank. Over the years, Westpac has evolved from its humble beginnings into a financial powerhouse, providing a broad range of services, including personal, business, and institutional banking, as well as wealth management and insurance products. Its operations extend beyond Australia into New Zealand and several Pacific Island nations, embodying a robust commitment to its customers across diverse markets. The bank's ability to adapt and innovate over two centuries has allowed it to remain competitive, even as the financial landscape continues to transform at an unprecedented pace. At the core of Westpac’s business model is its ability to leverage a vast network of branches, digital banking platforms, and financial professionals to amass deposits from customers. These deposits serve as a fundamental resource that Westpac utilizes to issue loans and mortgages, generating interest income, which forms a major portion of its revenue stream. Additionally, the bank earns through service fees, investment management, and facilitating cross-border transactions. By maintaining a keen focus on customer experience and technological advancements, Westpac seeks to reinforce its market position and profitability. Yet, like any major financial entity, Westpac must adeptly navigate regulatory landscapes and evolving customer expectations while striving to uphold its reputation as a stable, trustworthy custodian of financial resources.

WBC Intrinsic Value
29.28 AUD
Overvaluation 10%
Intrinsic Value
Price

See Also

What is Westpac Banking Corp's Revenue?
Revenue
21.9B AUD

Based on the financial report for Sep 30, 2024, Westpac Banking Corp's Revenue amounts to 21.9B AUD.

What is Westpac Banking Corp's Revenue growth rate?
Revenue CAGR 10Y
1%

Over the last year, the Revenue growth was 0%. The average annual Revenue growth rates for Westpac Banking Corp have been 1% over the past three years , 1% over the past five years , and 1% over the past ten years .

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