Westpac Banking (WBKCY) Long-Term Deferred Tax (2009 - 2025)
Westpac Banking (WBKCY) posted Long-Term Deferred Tax of $1.3 billion for Q3 2025, down 5.58% quarter-over-quarter from $1.4 billion in Q3 2024, and down 5.58% year-on-year from $1.4 billion in Q3 2024.
Westpac Banking (WBKCY) Long-Term Deferred Tax (2009 - 2025) Analysis & Trends
Westpac Banking (WBKCY) has reported Long-Term Deferred Tax for 17 consecutive years, with $1.3 billion the latest figure, recorded in Q3 2025.
- Long-Term Deferred Tax for Q3 2025 came in at $1.3 billion, down 5.58% year-over-year; the trailing twelve-month figure through Sep 2025 was $1.3 billion (down 5.58% YoY), and the FY2025 annual result was $1.3 billion, down 7.75% from the prior year.
- Long-Term Deferred Tax was $1.3 billion for Q3 2025 at Westpac Banking, down from $1.4 billion in the prior quarter.
- Over five years, Long-Term Deferred Tax peaked at $1.8 billion in Q1 2021 and troughed at $1.2 billion in Q1 2023.
- Average Long-Term Deferred Tax over 5 years is $1.4 billion, with a median of $1.4 billion recorded in 2023.
- Year-over-year, Long-Term Deferred Tax slumped 31.47% in 2022 and climbed 12.9% in 2023.
- Over 5 years, Long-Term Deferred Tax stood at $1.8 billion in 2021, then plunged by 31.47% to $1.2 billion in 2022, then climbed by 12.9% to $1.4 billion in 2023, then increased by 2.88% to $1.4 billion in 2024, then retreated by 5.58% to $1.3 billion in 2025.
- Per Business Quant data, the three most recent Long-Term Deferred Tax figures were $1.3 billion in Q3 2025, $1.4 billion in Q3 2024, and $1.4 billion in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bank Of America | 441.62 Bn | -146.87 Bn | 30.39 Bn |
| 2 | Hsbc Holdings | 357.01 Bn | 357.01 Bn | - |
| 3 | Royal Bank Of Canada | 286.58 Bn | 87.66 Bn | - |
| 4 | Wells Fargo & Company | 254.86 Bn | 50.89 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 |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - |
| 8 | Toronto Dominion Bank | 194.48 Bn | 19.99 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, 2025 | 1.35 Bn |
| Mar 31, 2025 | 1.31 Bn |
| Sep 30, 2024 | 1.43 Bn |
| Mar 31, 2024 | 1.32 Bn |
| Sep 30, 2023 | 1.39 Bn |
| Mar 31, 2023 | 1.18 Bn |
| Sep 30, 2022 | 1.23 Bn |
| Mar 31, 2022 | 1.33 Bn |
| Sep 30, 2021 | 1.83 Bn |
| Mar 31, 2021 | 1.82 Bn |
| Sep 30, 2020 | 2.19 Bn |
| Mar 31, 2020 | 1.73 Bn |
| Sep 30, 2019 | 1.40 Bn |
| Mar 31, 2019 | 1.23 Bn |
| Sep 30, 2018 | 863.18 Mn |
| Mar 31, 2018 | 880.54 Mn |
| Dec 31, 2017 | 1.11 Bn |
| Sep 30, 2017 | 877.91 Mn |
| Dec 31, 2016 | 1.00 Mn |
| Sep 30, 2016 | 1.02 Bn |