Westpac Banking Market capitalization 2024

Westpac Banking Market capitalization

104.16 B AUD

Westpac Banking Dividend yield

7.58 %

Ticker

WBC.AX

ISIN

AU000000WBC1

WKN

854242

In 2024, Westpac Banking's market cap stood at 104.16 B AUD, a 28.39% increase from the 81.13 B AUD market cap in the previous year.

The Westpac Banking Market capitalization history

YEARREVENUE (undefined AUD)GROSS MARGIN (%)NET INCOME (undefined AUD)
2028e24.72-8.66
2027e23.21-8.32
2026e22.69-6.8
2025e22.05-6.44
2024e21.6-6.49
202347.43-7.19
202225.97-5.69
202126.87-5.46
202030.74-2.29
201937.26-6.78
201838.29-8.09
201737.6-7.98
201637.66-7.44
201539.67-8.01
201438.64-7.55
201338.78-6.74
201242.35-5.93
201143.04-6.98
201039.19-6.34
200935.25-3.44
200833.38-3.86
200725.95-3.45
200621.67-3.07
200519-2.75
200416.19-2.39

Westpac Banking Aktienanalyse

What does Westpac Banking do?

The Westpac Banking Corporation is an Australian banking group that was founded in 1817. The company is one of the largest banks in Australia and New Zealand, and one of the leading banks in the Asia-Pacific region. Westpac Banking Corp. is divided into various business divisions, each specializing in specific financial areas. The company operates in Australia and New Zealand in the areas of retail banking, wealth management, business banking, and institutional banking. The company also operates subsidiaries and joint ventures in Asia. Westpac is a leading company in the Australian banking sector and offers a wide range of financial services. One of the company's key business models is the financing of residential and commercial properties, including providing mortgage loans and other loans. The company is also involved in financing land and agricultural transactions. The bank also offers a wide range of services for other sectors, including personal customers, SMEs, large corporations, and institutions. In the personal banking sector, for example, the bank offers checking accounts, credit cards, as well as financing options for cars, boats, and other assets. Westpac also has a wealth management segment specializing in asset management, investment advisory, and securities trading. The company also offers insurance for cars, homes, and businesses. In the investment banking segment of Westpac, corporate financing, mergers and acquisitions, initial public offerings, and capital market transactions are conducted. Westpac employs an experienced team of investment bankers, analysts, and other advisors to offer professional services to its clients. With the advancing digitization, Westpac has also developed a variety of online and mobile banking services. Customers can open online accounts, make transfers, pay bills, and much more from the comfort of their homes. In recent years, Westpac has also launched new initiatives to fulfill its role as a socially responsible bank. For example, the company has committed to combating climate change and taking measures to minimize its environmental impact. Overall, Westpac is one of the leading banks in Australia and New Zealand, and a key player in the Asia-Pacific region. With a wide range of financial services and an experienced team of financial experts, the company is well-positioned to offer its customers first-class services in all areas of the financial system. Westpac Banking ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Westpac Banking's Market Capitalization

Westpac Banking's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Westpac Banking's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Westpac Banking's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Westpac Banking’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Westpac Banking Stock

What is the current Westpac Banking market capitalization?

The current market capitalization of Westpac Banking is 104.16 B AUD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Westpac Banking.

How has the market capitalization of Westpac Banking developed in recent years?

The market capitalization of Westpac Banking has increased/decreased by 28.39% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Westpac Banking?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Westpac Banking?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Westpac Banking have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Westpac Banking pay?

Over the past 12 months, Westpac Banking paid a dividend of 2.03 AUD . This corresponds to a dividend yield of about 7.58 %. For the coming 12 months, Westpac Banking is expected to pay a dividend of 2 AUD.

What is the dividend yield of Westpac Banking?

The current dividend yield of Westpac Banking is 7.58 %.

When does Westpac Banking pay dividends?

Westpac Banking pays a quarterly dividend. This is distributed in the months of June, December, June, December.

How secure is the dividend of Westpac Banking?

Westpac Banking paid dividends every year for the past 25 years.

What is the dividend of Westpac Banking?

For the upcoming 12 months, dividends amounting to 2 AUD are expected. This corresponds to a dividend yield of 7.48 %.

In which sector is Westpac Banking located?

Westpac Banking is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Westpac Banking kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Westpac Banking from 12/19/2023 amounting to 1.029 AUD, you needed to have the stock in your portfolio before the ex-date on 11/9/2023.

When did Westpac Banking pay the last dividend?

The last dividend was paid out on 12/19/2023.

What was the dividend of Westpac Banking in the year 2023?

In the year 2023, Westpac Banking distributed 1.786 AUD as dividends.

In which currency does Westpac Banking pay out the dividend?

The dividends of Westpac Banking are distributed in AUD.

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Andere Kennzahlen von Westpac Banking

Our stock analysis for Westpac Banking Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Westpac Banking Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.