Westpac Banking WBKCY
OTC WBKCY
$12.18 -0.14 (-1.14%)
At close: Aug 19, 2026 · 4:00 PM EDT

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
DateValue
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