Westpac Banking (WBKCY) Change in Intangibles (2009 - 2024)

Westpac Banking (WBKCY) reported Change in Intangibles of -$303.3 million for Q3 2024, up 15.19% on a YoY basis from -$263.3 million in Q4 2023, and up 15.19% quarter-over-quarter from -$357.6 million in Q3 2023.

Westpac Banking (WBKCY) Change in Intangibles (2009 - 2024) Analysis & Trends

Westpac Banking has reported Change in Intangibles for 15 years, with the latest figure at -$303.3 million in Q3 2024.

  • For the quarter ending Q3 2024, Change in Intangibles rose 15.19% year-over-year to -$303.3 million; the trailing twelve-month figure through Sep 2024 stood at -$1.4 billion (down 22.6% YoY), and the FY2024 full-year result was -$303.3 million, up 15.19% from the prior year.
  • Change in Intangibles for Q3 2024 stood at -$303.3 million, up from -$357.6 million in the prior quarter.
  • The five-year high for Change in Intangibles was -$16.0 million in Q1 2020, with the low at -$462.9 million in Q3 2022.
  • Historically, Change in Intangibles has averaged -$272.2 million across 5 years, with a median of -$303.3 million in 2024.
  • The largest YoY upside for Change in Intangibles was 33.67% in 2021 against a maximum downside of 168.75% in 2021.
  • Westpac Banking's Change in Intangibles stood at -$434.5 million in 2020, then surged by 33.67% to -$288.2 million in 2021, then slumped by 60.59% to -$462.9 million in 2022, then grew by 22.74% to -$357.6 million in 2023, then climbed by 15.19% to -$303.3 million in 2024.
  • The last three Change in Intangibles figures came in at -$303.3 million (Q3 2024), -$357.6 million (Q3 2023), and -$462.9 million (Q3 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Intangibles (Qtr)
1 Canadian Imperial Bank Of Commerce 1,362,688,030.33 Bn 1,362,688,030.55 Bn - -
2 Hsbc Holdings 38,978.70 Bn 38,979.15 Bn - -
3 Royal Bank Of Canada 3,027.68 Bn 2,956.13 Bn - -
4 Toronto Dominion Bank 1,012.32 Bn 1,005.51 Bn - -
5 Bank Of America 408.37 Bn -198.33 Bn 29.24 Bn -
6 Barclays 379.37 Bn -269.24 Bn - -
7 Bank Of Montreal 375.83 Bn 375.83 Bn - -
8 Mitsubishi Ufj Financial 288.20 Bn -398.08 Bn 3.81 Bn -
9 Citigroup 263.31 Bn -1,921.68 Bn 19.85 Bn -
10 Westpac Banking - - - -

Historic Data

Download Data
DateValue
Sep 30, 2024 -303.32 Mn
Sep 30, 2024 -303.32 Mn
Sep 30, 2023 -357.64 Mn
Sep 30, 2023 -357.64 Mn
Sep 30, 2022 -462.90 Mn
Sep 30, 2022 -462.90 Mn
Sep 30, 2021 -288.25 Mn
Sep 30, 2021 -288.25 Mn
Mar 31, 2021 -43.00 Mn
Mar 31, 2021 -43.00 Mn
Sep 30, 2020 -434.54 Mn
Sep 30, 2020 -434.54 Mn
Mar 31, 2020 -16.00 Mn
Mar 31, 2020 -16.00 Mn
Sep 30, 2019 -350.44 Mn
Sep 30, 2019 -350.44 Mn
Sep 30, 2018 -360.63 Mn
Sep 30, 2018 -360.63 Mn
Sep 30, 2017 -422.00 Mn
Sep 30, 2017 -422.00 Mn