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: Bendigo and Adelaide Bank Ltd (2018 sales of 3.00 billion Australian Dollars [US$2.10 billion] of which 33% was Local connection), Australia and New Zealand Banking Group Limited (36.23 billion Australian Dollars [US$25.39 billion] of which 23% was Australia), and Commonwealth Bank of Australia (42.10 billion Australian Dollars [US$29.50 billion] of which 28% was Retail Banking Services).

Sales Analysis. During the year ended September of 2018, sales at Westpac Banking were A$38.28 billion (US$26.83 billion). This is an increase of 2.9% versus 2017, when the company's sales were A$37.22 billion. The sales level in 2018 was fairly close to the level five years ago: in 2013, Westpac Banking had sales of A$38.68 billion. Sales of Group Businesses saw an increase that was more than double the company's growth rate: sales were up 73.1% in 2018, from A$469.00 million to A$812.00 million. Westpac Banking also saw significant increases in sales in West Pac New Zealand (up 5.7% to A$1.72 billion) and Bt Financial Group (up 7.6% to A$578.00 million) . Not all segments of Westpac Banking experienced an increase in sales in 2018: sales of Westpac Institutional Banking fell 6.0% to A$1.42 billion. (However, this segment's sales were only a very small portion of the company's overall sales).