Westpac Banking (WBKCY) Net Margin (2009 - 2024)
Westpac Banking posted quarterly Net Margin of 59.58% for Q3 2024, up 4431.0% year-on-year from 1.32% in Q4 2023, and up 290.02% on a QoQ basis from 15.28% in Q3 2023.
Westpac Banking (WBKCY) has 11 years of Net Margin data on file, last reported at 59.58% in Q3 2024.
- For the quarter ending Q3 2024, Net Margin rose 4431.0% year-over-year to 59.58%; the trailing twelve-month figure through Sep 2024 stood at 22.0% (up 659.0% YoY), and the FY2025 full-year result was 11.91%, down 31.0% from the prior year.
- Net Margin for Q3 2024 stood at 59.58%, up from 15.28% in the prior quarter.
- Across five years, Net Margin topped out at 59.58% in Q3 2024 and bottomed at 15.28% in Q3 2023.
- The 3-year median for Net Margin is 28.38% (2022), against an average of 34.41%.
- The widest annual swing landed in 2023, when Net Margin slumped 1311 bps; it then surged 4431 bps in 2024.
- A 3-year view of Net Margin shows it stood at 28.38% in 2022, then plunged by 46 bps to 15.28% in 2023, then jumped by 290 bps to 59.58% in 2024.
- The last three Net Margin figures came in at 59.58% (Q3 2024), 15.28% (Q3 2023), and 28.38% (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,282,929,665.61 Bn | 1,282,929,665.82 Bn | - | 35.57% |
| 2 | Toronto Dominion Bank | 928.05 Bn | 749.34 Bn | - | 23.77% |
| 3 | Hsbc Holdings | 799.80 Bn | 799.80 Bn | - | - |
| 4 | Barclays | 460.27 Bn | 460.27 Bn | - | - |
| 5 | Bank Of America | 373.62 Bn | -233.08 Bn | 29.24 Bn | 26.94% |
| 6 | Bank Of Montreal | 316.89 Bn | 316.89 Bn | - | 25.34% |
| 7 | Wells Fargo & Company | 238.28 Bn | 163.21 Bn | - | 23.31% |
| 8 | Citigroup | 235.82 Bn | -1,949.18 Bn | 19.85 Bn | -0.01% |
| 9 | Bank of New York Mellon | 94.86 Bn | 37.94 Bn | - | 28.87% |
| 10 | Westpac Banking | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 59.58% |
| Sep 30, 2023 | 15.28% |
| Sep 30, 2022 | 28.38% |
| Sep 30, 2016 | -528.58% |
| Sep 30, 2015 | -405.15% |
| Sep 30, 2014 | -381.12% |
| Sep 30, 2013 | 2,858.15% |
| Sep 30, 2012 | -17,088.19% |
| Sep 30, 2011 | -18,104.55% |
| Sep 30, 2010 | -22,797.16% |
| Mar 31, 2010 | -29,748.84% |
| Sep 30, 2009 | -100.81% |
| Mar 8, 2009 | -28.65% |