Westpac Banking (WBKCY) Operating Expenses (2009 - 2024)
Westpac Banking posted quarterly Operating Expenses of -$3.7 billion for Q3 2024, up 0.56% year-on-year from -$3.7 billion in Q4 2023, and up 0.56% on a QoQ basis from -$3.7 billion in Q3 2023.
Westpac Banking (WBKCY) has 15 years of Operating Expenses data on file, last reported at -$3.7 billion in Q3 2024.
- For the quarter ending Q3 2024, Operating Expenses rose 0.56% year-over-year to -$3.7 billion; the trailing twelve-month figure through Sep 2025 stood at -$3.7 billion (up 50.14% YoY), and the FY2025 full-year result was $7.7 billion, up 4.79% from the prior year.
- Operating Expenses for Q3 2024 stood at -$3.7 billion, up from -$3.7 billion in the prior quarter.
- Across five years, Operating Expenses topped out at -$3.7 billion in Q3 2022 and bottomed at -$5.4 billion in Q3 2021.
- The 5-year median for Operating Expenses is -$3.7 billion (2023), against an average of -$4.2 billion.
- The widest annual swing landed in 2020, when Operating Expenses sank 36.28%; it then surged 30.98% in 2022.
- A 5-year view of Operating Expenses shows it stood at -$4.7 billion in 2020, then declined by 14.75% to -$5.4 billion in 2021, then soared by 30.98% to -$3.7 billion in 2022, then retreated by 0.65% to -$3.7 billion in 2023, then grew by 0.56% to -$3.7 billion in 2024.
- The last three Operating Expenses figures came in at -$3.7 billion (Q3 2024), -$3.7 billion (Q3 2023), and -$3.7 billion (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,282,929,665.61 Bn | 1,282,929,665.82 Bn | - | 3.12 Bn |
| 2 | Toronto Dominion Bank | 928.05 Bn | 749.34 Bn | - | 6.31 Bn |
| 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 | 18.53 Bn |
| 6 | Bank Of Montreal | 316.89 Bn | 316.89 Bn | - | 4.15 Bn |
| 7 | Wells Fargo & Company | 238.28 Bn | 163.21 Bn | - | 14.33 Bn |
| 8 | Citigroup | 235.82 Bn | -1,949.18 Bn | 19.85 Bn | 13.84 Bn |
| 9 | Bank of New York Mellon | 94.86 Bn | 37.94 Bn | - | 3.40 Bn |
| 10 | Westpac Banking | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | -3.72 Bn |
| Sep 30, 2023 | -3.74 Bn |
| Sep 30, 2022 | -3.71 Bn |
| Sep 30, 2021 | -5.38 Bn |
| Sep 30, 2020 | -4.69 Bn |
| Sep 30, 2019 | -3.44 Bn |
| Sep 30, 2018 | -3.59 Bn |
| Sep 30, 2016 | -4.65 Bn |
| Sep 30, 2015 | -5.06 Bn |
| Sep 30, 2014 | -4.35 Bn |
| Sep 30, 2013 | -4.04 Bn |
| Mar 12, 2013 | 680.00 Mn |
| Sep 30, 2012 | 7.00 Mn |
| Mar 12, 2012 | 653.00 Mn |
| Sep 30, 2011 | -3.75 Bn |
| Mar 11, 2011 | 637.00 Mn |
| Sep 30, 2010 | 3.00 Mn |
| Mar 31, 2010 | 1.00 Mn |
| Sep 30, 2009 | 31.00 Mn |
| Mar 8, 2009 | 2.56 Bn |