Westpac Banking
The headquarters of the Australian international banking and financial services corporation Westpac Banking Corporation, also known as Westpac, are located at Westpac Place in Sydney, New South Wales. Formerly known as the Bank of New South Wales, it was founded in 1817. In 1981, it bought the Commercial Bank of Australia, and in 1982, it changed its name to Westpac Banking Corporation. One of the Big Four banks in Australia, Westpac is also the country's first and oldest financial organization. Its name combines the words "Western" and "Pacific." By 2021, Westpac will have 14 million clients worldwide and 40,000 employees.
Westpac Banking's market capitalization as of April 2023 was $53.05 billion. By market cap, this places Westpac Banking as the 302nd most valuable corporation in the world. The most recent financial reports from Westpac Banking show that the company's current revenue (TTM) is $7.85 billion. The company's revenue in 2022 was $13.29 billion, down from $15.09 billion in 2021.
Founded: 8 April 1817
Headquarters: Westpac PlaceSydney, New South Wales, Australia
Website:
- westpac.com.au
- westpac.co.nz