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 (2019 sales of 40.59 billion Australian Dollars [US$28.34 billion] of which 28% was Retail Banking Services), Bendigo and Adelaide Bank Ltd (2.95 billion Australian Dollars [US$2.06 billion] of which 34% was Consumer), and Australia and New Zealand Banking Group Limited (36.59 billion Australian Dollars [US$25.55 billion] of which 22% was Australia).

Sales Analysis. During the year ended September of 2019, sales at Westpac Banking were A$37.19 billion (US$25.97 billion). This is a decrease of 2.9% versus 2018, when the company's sales were A$38.28 billion. The sales level in 2019 was fairly close to the level five years ago: in 2014, Westpac Banking had sales of A$38.55 billion. Contributing to the drop in overall sales was the 24.1% decline in Group Businesses, from A$812.00 million to A$616.00 million. . However, these declines were partially offset by the increase in sales of Consumer (up 2.5% to A$7.94 billion) and Business (up 25.3% to A$5.09 billion) and West Pac New Zealand (up 8.1% to A$1.86 billion) and Westpac Institutional Bank (up 1.9% to A$1.44 billion) .