Westpac Banking (WBKCY) Other Operating Expenses (2009 - 2024)
Westpac Banking (WBKCY) posted Other Operating Expenses of -$3.1 billion for Q3 2024, up 12.39% quarter-over-quarter from -$3.6 billion in Q3 2023, and up 12.39% year-on-year from -$2.8 billion in Q4 2023.
Westpac Banking (WBKCY) Other Operating Expenses (2009 - 2024) Analysis & Trends
Westpac Banking (WBKCY) has reported Other Operating Expenses for 16 consecutive years, with -$3.1 billion the latest figure, recorded in Q3 2024.
- Other Operating Expenses for Q3 2024 came in at -$3.1 billion, up 12.39% year-over-year; the trailing twelve-month figure through Sep 2025 was -$3.1 billion (up 53.3% YoY), and the FY2025 annual result was $7.7 billion, up 4.79% from the prior year.
- Other Operating Expenses was -$3.1 billion for Q3 2024 at Westpac Banking, up from -$3.6 billion in the prior quarter.
- Over five years, Other Operating Expenses peaked at $260.3 million in Q3 2021 and troughed at -$3.8 billion in Q3 2022.
- Average Other Operating Expenses over 5 years is -$1.4 billion, with a median of -$543.7 million recorded in 2020.
- Year-over-year, Other Operating Expenses soared 16835.05% in 2020 and plunged 1560.15% in 2022.
- Over 5 years, Other Operating Expenses stood at $232.3 million in 2020, then climbed by 12.07% to $260.3 million in 2021, then plunged by 1560.15% to -$3.8 billion in 2022, then grew by 5.64% to -$3.6 billion in 2023, then climbed by 12.39% to -$3.1 billion in 2024.
- Per Business Quant data, the three most recent Other Operating Expenses figures were -$3.1 billion in Q3 2024, -$3.6 billion in Q3 2023, and -$3.8 billion in Q3 2022.
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, 2024 | 612.52 Mn |
| Sep 30, 2023 | 448.00 Mn |
| Sep 30, 2022 | -735.81 Mn |
| Mar 31, 2022 | -1.24 Bn |
| Sep 30, 2021 | 92.58 Mn |
| Mar 31, 2021 | -92.00 Mn |
| Sep 30, 2020 | 127.93 Mn |
| Mar 31, 2020 | -23.00 Mn |
| Sep 30, 2019 | 242.77 Mn |
| Sep 30, 2018 | 1,009.95 Bn |
| Mar 17, 2018 | -4.30 Bn |
| Sep 30, 2017 | -3.69 Bn |
| Mar 16, 2017 | 154.00 Mn |
| Sep 30, 2016 | -3.12 Bn |
| Mar 31, 2016 | -3.13 Bn |
| Sep 30, 2015 | -3.15 Bn |
| Mar 31, 2015 | 51.00 Mn |
| Sep 30, 2014 | -3.40 Bn |
| Mar 31, 2014 | 51.00 Mn |
| Sep 30, 2013 | -2.92 Bn |