A man has been charged after an alleged daylight stabbing at a busy shopping centre in Sydney’s west.

Emergency services were called to North Terrace in Bankstown yesterday about 2.30pm after reports of a stabbing.

A 55-year-old man was found with a stab wound to his torso.

Stabbing in BankstownA 55-year-old man was found at the scene with a stab wound. (9News)

The man was treated at the scene by paramedics before being taken to hospital in a stable condition.

A 27-year-old man was arrested a short time later and taken to Bankstown Police Station.

He was charged with wound person with intent to cause grievous bodily harm and custody of a knife in a public place.

Stabbing in BankstownA 27-year-old man has been charged with several offences. (9News)

The charged man will front Parramatta Local Court today.

An 18-year-old man was also arrested shortly after the alleged stabbing.

No other charges have been laid.

An investigation into the incident remains ongoing.