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:
ICICI Bank Limited
sales of $17.00 billion
of which 48%
HDFC Bank Limited
of which 77%
was Retail Banking), and
Australia and New Zealand Banking Group Limited
During the year ended September of 2017, sales at
Westpac Banking were $28.37 billion.
increase of 2.1%
versus 2016, when the company's sales were $27.78 billion.
Despite this increase, sales are still
below the level achieved in 2015, when Westpac Banking
reported sales of $30.78 billion.
Sales of Bt Financial Group saw an increase
that was more than double the company's growth rate: sales were up
11.4% in 2017, from
$367.67 million to $409.42 million.
Westpac Banking also saw significant increases in sales in
Consumer Bank (up 8.1% to $5.73 billion)
Business Bank (up 5.8% to $3.09 billion)
New Zealand Banking (up 5.8% to $1.24 billion)
Not all segments of Westpac Banking experienced an increase in sales in 2017:
sales of Group Businesses fell 15.0% to $357.58 million.
(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
Westpac Institutional Banking (down 0.4% to $1.15 billion)