Westpac Banking (WBC.AX) - Market capitalization

Market cap: £57.78 Billion

As of September 2024 Westpac Banking has a market cap of £57.78 Billion. This makes Westpac Banking the world's 249th 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	£57.78 B	34.64%
2023	£42.91 B	-6.42%
2022	£45.86 B	9.12%
2021	£42.03 B	6.57%
2020	£39.43 B	-11.96%
2019	£44.79 B	-5.54%
2018	£47.42 B	-22.72%
2017	£61.36 B	-3.75%
2016	£63.75 B	21.07%
2015	£52.65 B	-2.67%
2014	£54.10 B	-0.06%
2013	£54.13 B	5.72%
2012	£51.20 B	29.92%
2011	£39.41 B	-9.42%
2010	£43.50 B	5.39%
2009	£41.28 B	168.13%
2008	£15.39 B	-32.43%
2007	£22.78 B	26.64%
2006	£17.99 B	-0.23%
2005	£18.03 B	25.31%
2004	£14.39 B	15.72%
2003	£12.43 B	42.47%
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 Sep 15th, 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	£84.82 B	46.79%	🇺🇸 USA
Royal Bank Of Canada RY	£133.09 B	130.32%	🇨🇦 Canada
CIBC CM	£44.34 B	-23.25%	🇨🇦 Canada
Barclays BCS	£32.95 B	-42.97%	🇬🇧 UK
ICICI Bank IBN	£80.81 B	39.86%	🇮🇳 India
Commonwealth Bank CBA.AX	£121.46 B	110.19%	🇦🇺 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: £57.78 Billion