Westpac Banking Corporation operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Westpac Banking with three other
companies in this sector in the United States:
Australia and New Zealand Banking Group Limited
sales of $27.44 billion
of which 23%
KB Financial Group Incorporation
of which 22%
was Bank Segment), and
Commonwealth Bank of Australia
of which 28%
was Retail Banking Services).
During the year ended September of 2018, sales at
Westpac Banking were $28.99 billion.
increase of 2.2%
versus 2017, when the company's sales were $28.37 billion.
Sales of Group Businesses saw an increase
that was more than double the company's growth rate: sales were up
72.0% in 2018, from
$357.58 million to $614.96 million.
Westpac Banking also saw significant increases in sales in
West Pac New Zealand (up 5.0% to $1.30 billion)
Bt Financial Group (up 6.9% to $437.74 million)
Not all segments of Westpac Banking experienced an increase in sales in 2018:
sales of Westpac Institutional Banking fell 6.7% to $1.07 billion.
(However, this segment's sales were only a very small portion of the company's overall sales).
Westpac Banking also experienced decreases in sales in
Business Bank (down 0.4% to $3.08 billion)