5 Biggest Financial and Banking Companies in Australia, 2024

In this article, we will look into the 5 biggest financial and banking companies in Australia in 2024. If you want to read our detailed analysis, you can go directly to the 20 Biggest Financial and Banking Companies in Australia, 2024.

5. Macquarie Group Limited (OTC:MCQEF)

Market Cap as of March 26: $51.38 billion

Macquarie Group Limited (OTC:MCQEF) is ranked among the biggest financial and banking companies in Australia in 2024. The company provides diverse services, including trading and hedging, capital raising, investment, leasing, banking, and funds management. As of March 26, Macquarie Group Limited (OTC:MCQEF) has a market cap of $51.38 billion.

4. ANZ Group Holdings Limited (OTC:ANZGY)

Market Cap as of March 26: $57.32 billion

ANZ Group Holdings Limited (OTC:ANZGY) is a leading financial and banking company in Australia. It provides private banking, commercial banking, institutional banking, retail banking, and wealth management solutions. The company boasts a market cap of $57.32 billion, as of March 26.

3. Westpac Banking Corporation (OTC:WEBNF)

Market Cap as of March 26: $61.40 billion

Founded in 1817, Westpac Banking Corporation (OTC:WEBNF) is one of the biggest banks in Australia. Its portfolio of services includes institutional banking, corporate banking, business banking, personal banking, and agribusiness. As of March 26, the company is valued at $61.4 billion.

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2. National Australia Bank Limited (OTC:NABZY)

Market Cap as of March 26: $70.36 billion

National Australia Bank Limited (OTC:NABZY) is one of the biggest financial and banking companies in Australia, headquartered in Melbourne. It provides financial services to over 8.5 million customers globally, including personal accounts, SMEs, private clients, and institutions. As of March 26, the company has a market cap of $70.36 billion.

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1. Commonwealth Bank of Australia (OTC:CMWAY)

Market Cap as of March 26: $131.97 billion

Commonwealth Bank of Australia (OTC:CMWAY) tops our list of the biggest financial and banking companies in Australia in 2024. The company provides banking services to over 17 million customers. It boasts a strong workforce of 52,000 employees and has over 80,000 shareholders. As of March 26, the company is valued at $131.97 billion.

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Disclosure: None. You can also look at 20 Biggest Health Care Companies in Australia, 2024 and 20 Biggest Energy Companies in Australia for 2024.

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