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
banks in Australasia:
Commonwealth Bank of Australia
sales of 41.70 billion Australian Dollars [US$32.20 billion]
of which 23%
was Retail Banking Services),
Bendigo and Adelaide Bank Ltd
(3.31 billion Australian Dollars [US$2.55 billion]
of which 28%
was Retail Banking), and
Australia and New Zealand Banking Group Limited
(38.51 billion Australian Dollars [US$29.74 billion]
of which 23%
During the year ended September of 2015, sales at
Westpac Banking were A$39.56 billion (US$30.55 billion).
increase of 2.6%
versus 2014, when the company's sales were A$38.55 billion.
The sales level in 2015 was fairly close to the level five years ago: in 2010, Westpac Banking had sales
of A$39.13 billion.
Sales of New Zealand Banking saw an increase
that was more than double the company's growth rate: sales were up
9.3% in 2015, from
A$1.46 billion to A$1.59 billion.
Westpac Banking also saw significant increases in sales in
Westpac Retail and Business Banking (up 7.3% to A$6.40 billion)
St. George Bank (up 6.5% to A$3.77 billion)
Bt Financial Group (up 9.3% to A$448.00 million)
Not all segments of Westpac Banking experienced an increase in sales in 2015:
sales of Others fell 20.3% to A$393.00 million.
(However, this segment's sales were only a very small portion of the company's overall sales).