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: Australia and New Zealand Banking Group Limited (2020 sales of 30.02 billion Australian Dollars [US$21.75 billion] of which 26% was Australia), Bendigo and Adelaide Bank Ltd (2.53 billion Australian Dollars [US$1.84 billion] of which 43% was Consumer), and Commonwealth Bank of Australia (35.45 billion Australian Dollars [US$25.69 billion] of which 32% was Retail Banking Services).

Sales Analysis. During the second fiscal quarter of 2021, sales at Westpac Banking totalled A$13.94 billion. This is a drop of 15.0% from the A$16.39 billion in sales at the company during the second quarter in 2020. During the year ended September of 2020, sales at Westpac Banking were A$30.47 billion (US$22.08 billion). This is a decrease of 18.0% versus 2019, when the company's sales were A$37.16 billion. Contributing to the drop in overall sales was the 23.0% decline in Westpac Institutional Bank, from A$1.44 billion to A$1.11 billion. There were also decreases in sales in Business (down 18.2% to A$4.16 billion) and West Pac New Zealand (down 1.5% to A$1.83 billion) . However, these declines were partially offset by the increase in sales of Consumer (up 7.6% to A$8.55 billion) and Group Businesses (up 45.9% to A$899.00 million) .