Westpac Banking Corporation operates within the National commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Westpac Banking with three other
banks in Australasia:
Australia and New Zealand Banking Group Limited
(2012
sales of 36.15 billion Australian Dollars [US$35.44 billion]
of which 17%
was Retail),
National Australia Bank Limited
(47.44 billion Australian Dollars [US$46.51 billion]
of which 13%
was Business Banking), and
Commonwealth Bank of Australia
(46.74 billion Australian Dollars [US$45.82 billion]
of which 17%
was Retail Banking Services).
Sales Analysis.
During the year ended September of 2012, sales at
Westpac Banking were A$42.28 billion (US$41.45 billion).
This
is
a very small
increase of 1.8%
versus 2011, when the company's sales were A$41.51 billion.
This was the fifth consecutive year of sales increases at Westpac Banking
(and since 2007, sales have increased a total of 63%).
Business Description