Westpac Banking (WBKCY) Interest Expenses (2009 - 2024)
Westpac Banking (WBKCY) posted Interest Expenses of $12.1 billion for Q3 2024, up 224.06% quarter-over-quarter from -$9.7 billion in Q3 2023, and up 224.06% year-on-year from $3.7 billion in Q4 2023.
Westpac Banking (WBKCY) Interest Expenses (2009 - 2024) Analysis & Trends
Westpac Banking (WBKCY) has reported Interest Expenses for 13 consecutive years, with $12.1 billion the latest figure, recorded in Q3 2024.
- Interest Expenses for Q3 2024 came in at $12.1 billion, up 224.06% year-over-year; the trailing twelve-month figure through Sep 2025 was $12.1 billion (up 415.57% YoY), and the FY2025 annual result was $23.0 billion, down 3.57% from the prior year.
- Interest Expenses was $12.1 billion for Q3 2024 at Westpac Banking, up from -$9.7 billion in the prior quarter.
- Over five years, Interest Expenses peaked at $12.1 billion in Q3 2024 and troughed at -$9.7 billion in Q3 2023.
- Average Interest Expenses over 5 years is -$816.0 million, with a median of -$1.7 billion recorded in 2021.
- Year-over-year, Interest Expenses plunged 233.17% in 2023 and soared 224.06% in 2024.
- Over 5 years, Interest Expenses stood at -$3.3 billion in 2020, then jumped by 48.55% to -$1.7 billion in 2021, then plunged by 70.23% to -$2.9 billion in 2022, then plunged by 233.17% to -$9.7 billion in 2023, then soared by 224.06% to $12.1 billion in 2024.
- Per Business Quant data, the three most recent Interest Expenses figures were $12.1 billion in Q3 2024, -$9.7 billion in Q3 2023, and -$2.9 billion in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 441.62 Bn | -146.87 Bn | 30.39 Bn | 17.84 Bn |
| 2 | Hsbc Holdings | 357.01 Bn | 357.01 Bn | - | - |
| 3 | Royal Bank Of Canada | 286.58 Bn | 87.66 Bn | - | 12.62 Bn |
| 4 | Wells Fargo & Company | 254.86 Bn | 50.89 Bn | - | 10.97 Bn |
| 5 | Mitsubishi Ufj Financial | 251.70 Bn | -141.92 Bn | 10.89 Bn | - |
| 6 | Citigroup | 223.37 Bn | -2,078.94 Bn | 24.75 Bn | 20.54 Bn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | -34.43 Bn |
| 8 | Toronto Dominion Bank | 194.48 Bn | 19.99 Bn | - | 8.11 Bn |
| 9 | UBS Group AG | 167.76 Bn | -47.95 Bn | - | - |
| 10 | Westpac Banking | 41,655.60 | -40.05 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 12.08 Bn |
| Sep 30, 2024 | 12.08 Bn |
| Sep 30, 2023 | 9.73 Bn |
| Sep 30, 2023 | 9.73 Bn |
| Sep 30, 2022 | 2.92 Bn |
| Sep 30, 2022 | 2.92 Bn |
| Sep 30, 2021 | 1.77 Bn |
| Sep 30, 2021 | 1.77 Bn |
| Mar 31, 2021 | -3.32 Bn |
| Mar 31, 2021 | -3.32 Bn |
| Sep 30, 2020 | 3.78 Bn |
| Sep 30, 2020 | 3.78 Bn |
| Mar 31, 2020 | -6.18 Bn |
| Mar 31, 2020 | -6.18 Bn |
| Sep 30, 2019 | 5.29 Bn |
| Sep 30, 2019 | 5.29 Bn |
| Mar 31, 2019 | -6.25 Bn |
| Mar 31, 2019 | -6.25 Bn |
| Sep 30, 2018 | 6.04 Bn |
| Sep 30, 2018 | 6.04 Bn |