Westpac Banking (WBC.AX) - Market capitalization

Market cap: $85.74 Billion USD

As of December 2025 Westpac Banking has a market cap of $85.74 Billion USD. This makes Westpac Banking the world's 247th 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 2025

End of year Market Cap

Year	Marketcap	Change
2025	$85.74 B	22.88%
2024	$69.78 B	27.63%
2023	$54.67 B	-1.46%
2022	$55.48 B	-2.17%
2021	$56.71 B	5.57%
2020	$53.72 B	-9.26%
2019	$59.20 B	-2.12%
2018	$60.48 B	-26.9%
2017	$82.74 B	5.13%
2016	$78.70 B	0.74%
2015	$78.12 B	-7.06%
2014	$84.06 B	-5.98%
2013	$89.41 B	7.73%
2012	$82.99 B	35.04%
2011	$61.45 B	-8.49%
2010	$67.16 B	0.9%
2009	$66.56 B	193.5%
2008	$22.67 B	-50.18%
2007	$45.52 B	29.45%
2006	$35.16 B	13.07%
2005	$31.10 B	12.66%
2004	$27.60 B	25.16%
2003	$22.05 B	57.58%
2002	$13.99 B	-5.89%
2001	$14.87 B	14.47%
2000	$12.99 B	1.59%
1999	$12.79 B	0.74%
1998	$12.69 B	6.88%
1997	$11.87 B	14.71%
1996	$10.35 B

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Citigroup C	$203.51 B	137.33%	🇺🇸 USA
Royal Bank Of Canada RY	$230.86 B	169.23%	🇨🇦 Canada
CIBC CM	$85.43 B	-0.37%	🇨🇦 Canada
Barclays BCS	$81.71 B	-4.70%	🇬🇧 UK
ICICI Bank IBN	$108.35 B	26.36%	🇮🇳 India
Commonwealth Bank CBA.AX	$170.85 B	99.25%	🇦🇺 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: $85.74 Billion USD