On Tuesday the Australian Prudential Regulation Authority (APRA) released its data on Aussie banks and their asset growth for December 2022.

Despite a turbulent year, the major banks in CBA, Westpac, NAB and ANZ performed strongly, adding billions to their home lending and deposits portfolios.

Growth in Assets

Bank Dec 22 Value - $ billion Growth Compared to Dec 21
CBA 1,160.356 9.49%
Westpac 1,015.821 4.79%
NAB 937.918 11.79%
ANZ 720.154 7.20%

Growth in Owner Occupied Home Lending

Bank Dec 22 Value - $ billion Growth Compared to Dec 21
CBA 356.778 6.34%
Westpac 286.756 5.19%
NAB 197.372 10.53%
ANZ 179.688 3.54%

Growth in Investment Home Lending

Bank Dec 22 Value - $ billion Growth Compared to Dec 21
CBA 176.071 3.17%
Westpac 154.689 0.69%
NAB 107.758 5.25%
ANZ 91.289 4.89%

Growth in Household Deposits

Bank Dec 22 Value - $ billion Growth Compared to Dec 21
CBA 362.637 6.82%
Westpac 273.492 7.71%
NAB 185.939 13.66%
ANZ 160.510 4.31%

Top 10 Banks for 2022

In terms of assets, the top 10 banks to finish 2022 were:

Bank Assets - $ Billion, Dec 22 % Growth Compared to Dec 21
CBA 1,160.356 9.49%
Westpac 1,015.821 4.79%
NAB 937.918 11.79%
ANZ 720.154 7.20%
Macquarie 248.086 14.98%
Bank of Queensland 120.183 60.87%
Bendigo & Adelaide Bank 110.283 6.68%
ING 99.141 6.83%
Suncorp 91.626 11.78%
HSBC 58.533 3.56%
Harrison Astbury
Harrison Astbury
Editor and Financial Analyst

Harrison is InfoChoice's editor and market commentator. With years of experience at some of Australia's largest comparison sites and media organisations, Harrison is passionate about all things banking.

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