Westpac Banking (WBC.AX) - Market capitalization

Market cap: HK$591.16 Billion

As of September 2024 Westpac Banking has a market cap of HK$591.16 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	HK$591.16 B	38.44%
2023	HK$427.02 B	-1.5%
2022	HK$433.52 B	-2.26%
2021	HK$443.53 B	6.25%
2020	HK$417.44 B	-9.84%
2019	HK$462.99 B	-2.28%
2018	HK$473.79 B	-26.88%
2017	HK$647.96 B	6.21%
2016	HK$610.05 B	0.76%
2015	HK$605.45 B	-7.35%
2014	HK$653.49 B	-5.75%
2013	HK$693.33 B	8.03%
2012	HK$641.82 B	34.9%
2011	HK$475.79 B	-8.65%
2010	HK$520.85 B	1.34%
2009	HK$513.94 B	198.69%
2008	HK$172.06 B	-51.55%
2007	HK$355.12 B	29.54%
2006	HK$274.13 B	13.67%
2005	HK$241.15 B	24.78%
2004	HK$193.27 B	12.85%
2003	HK$171.25 B	56.86%
2002	HK$109.17 B	-5.87%
2001	HK$115.98 B	14.44%
2000	HK$101.35 B	1.99%
1999	HK$99.37 B	1.02%
1998	HK$98.37 B	6.86%
1997	HK$92.06 B	14.93%
1996	HK$80.09 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	HK$868.41 B	46.90%	🇺🇸 USA
Royal Bank Of Canada RY	HK$1.361 T	130.24%	🇨🇦 Canada
CIBC CM	HK$453.39 B	-23.30%	🇨🇦 Canada
Barclays BCS	HK$336.87 B	-43.02%	🇬🇧 UK
ICICI Bank IBN	HK$827.05 B	39.90%	🇮🇳 India
Commonwealth Bank CBA.AX	HK$1.242 T	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: HK$591.16 Billion