About Westpac
Westpac is a company based in Sydney (Australia) founded in 1817 was acquired by Arch Capital Group in August 2021. It operates as a Professional Services and Subscription Services. The company has 35,240 employees as of September 30, 2024. Westpac has completed 4 acquisitions, including Bos, Capital Finance and MoneyBrilliant. Westpac offers products and services including Home Loans, Bank Accounts, Credit Cards, Insurance, and Share Trading. Westpac operates in a competitive market with competitors including Investec, National Australia Bank, CommBank, Macquarie Group and Bank of America, among others.
- Headquarter Sydney, Australia
- Employees 35240 as on 30 Sep, 2024
- Stage Public
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Westpac Banking Corporation
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Annual Revenue
$38.62 B (USD)0as on Sep 30, 2025
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Net Profit
$4.57 B (USD)0as on Sep 30, 2025
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EBITDA
Not available
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Latest Funding Round
$287.95 M (USD), Debt – Conventional
Aug 01, 2016
- Investors
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Employee Count
35240
as on Sep 30, 2024
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Investments & Acquisitions
Bos
& 3 more
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Acquired by
Arch Capital Group
(Aug 31, 2021)
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IPO & Listings of Westpac
Westpac is a publicly listed company on the ASX with ticker symbol WBC in Australia, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Westpac
Westpac offers a comprehensive portfolio of products and services, including Home Loans, Bank Accounts, Credit Cards, Insurance, and Share Trading.
Tailored home loans are provided for property buyers.
Various bank accounts are offered for personal needs.
Credit cards are issued for personal transactions.
Insurance products are provided for personal protection.
Share trading services are facilitated for investors.
People of Westpac
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Software Development Team
230 people
Senior Team
104 people
Leadership Team
93 people
Finance and Accounting
59 people
Data Analysis and Operations Team
50 people
Head Team
24 people
Operations Team
22 people
Legal and Compliance
16 people
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Funding Insights of Westpac
Investors in Westpac
Westpac has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Arch Capital Group.
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Diversified property-casualty insurance and reinsurance services are provided.
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Investor details for Westpac
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Westpac
Westpac has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Bos, Capital Finance and MoneyBrilliant.
Investment portfolio details for Westpac
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
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Financial wellbeing is supported via account aggregation and spending insights.
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Asset financing company
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Commercial Bank
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Locked | Locked | 1937 | Locked |
Complete acquisition details for Westpac
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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Financial Statements - Westpac
Detailed financials for Westpac
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- Profit trends
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Westpac Comparisons
Peer comparison for Westpac
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Competitors of Westpac
Westpac operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Investec, National Australia Bank, CommBank, Macquarie Group and Bank of America, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Global banking, investment, and wealth management services are offered worldwide.
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Banking and financial services are provided to consumers and businesses.
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Retail, business, and institutional banking services are offered in Australia.
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A global financial services organization with Australian heritage is operated.
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Commercial banking and asset management services are offered worldwide.
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Commercial banking services are provided internationally by Scotiabank.
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Detailed competitors of Westpac
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Westpac
Complete news archive for Westpac
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- Brand-specific news history
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Frequently Asked Questions about Westpac
Westpac was founded in 1817 and raised its 1st funding round 199 years after it was founded.
Westpac is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
As of Sep 30, 2024, the latest employee count at Westpac is 35,240.
Annual revenue of Westpac is $38.62B as on Sep 30, 2025.
Westpac, officially known as Westpac Banking Corporation, is engaged in providing a wide range of banking and financial services. Personal, business, and corporate banking solutions are offered, including bank accounts, home loans, credit cards, and insurance. Investment services such as share trading and superannuation are also provided. Operations are primarily focused in Australia, with a commitment to sustainability, diversity, and community support. Financial hardship assistance and tailored solutions for Indigenous and remote communities are emphasized as part of their corporate responsibility initiatives.
Westpac's top competitors include Investec, National Australia Bank and Scotiabank.
Westpac offers Home Loans, Bank Accounts, Credit Cards, Insurance, and Share Trading.
Yes, Westpac is publicly traded on ASX under the ticker symbol WBC.
Westpac has made 4 acquisitions, including Bos, Capital Finance, and MoneyBrilliant.
Westpac has 1 investor. Key investors include Arch Capital Group.
The ticker symbol of Westpac is WBC on ASX.