Westpac Banking (WBKCY) Rent Expense (2010 - 2018)
Westpac Banking (WBKCY) posted Rent Expense of -$521.0 million for Q3 2016, down 7.2% quarter-over-quarter from -$486.0 million in Q3 2015, and down 7.2% year-on-year from -$561.4 million in Q4 2015.
Westpac Banking (WBKCY) Rent Expense (2010 - 2018) Analysis & Trends
Westpac Banking (WBKCY) has reported Rent Expense for 3 consecutive years, with -$521.0 million the latest figure, recorded in Q3 2016.
- Rent Expense for Q3 2016 came in at -$521.0 million, down 7.2% year-over-year; the trailing twelve-month figure through Sep 2016 was -$2.3 billion (down 3.27% YoY), and the FY2014 annual result was -$1.5 billion, changed N/A from the prior year.
- Rent Expense was -$521.0 million for Q3 2016 at Westpac Banking, down from -$486.0 million in the prior quarter.
- Over five years, Rent Expense peaked at -$486.0 million in Q3 2015 and troughed at -$710.0 million in Q3 2013.
- Average Rent Expense over 3 years is -$572.3 million, with a median of -$521.0 million recorded in 2016.
- The widest YoY moves for Rent Expense: up 7.2% in 2016, down 7.2% in 2016.
- Over 3 years, Rent Expense stood at -$710.0 million in 2013, then jumped by 31.55% to -$486.0 million in 2015, then retreated by 7.2% to -$521.0 million in 2016.
- Per Business Quant data, the three most recent Rent Expense figures were -$521.0 million in Q3 2016, -$486.0 million in Q3 2015, and -$710.0 million in Q3 2013.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 441.62 Bn | -146.87 Bn | 30.39 Bn | 1.91 Bn |
| 2 | Hsbc Holdings | 357.01 Bn | 357.01 Bn | - | - |
| 3 | Royal Bank Of Canada | 286.58 Bn | 87.66 Bn | - | 302.64 Mn |
| 4 | Wells Fargo & Company | 254.86 Bn | 50.89 Bn | - | 803.00 Mn |
| 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 | 618.00 Mn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.48 Bn | 19.99 Bn | - | 385.91 Mn |
| 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, 2018 | 10.92 Bn |
| Sep 30, 2018 | 10.92 Bn |
| Sep 30, 2016 | -521.00 Mn |
| Sep 30, 2016 | -521.00 Mn |
| Mar 31, 2016 | -511.00 Mn |
| Mar 31, 2016 | -511.00 Mn |
| Sep 30, 2015 | -486.00 Mn |
| Sep 30, 2015 | -486.00 Mn |
| Mar 31, 2015 | -468.00 Mn |
| Mar 31, 2015 | -468.00 Mn |
| Mar 31, 2014 | -692.00 Mn |
| Mar 31, 2014 | -692.00 Mn |
| Sep 30, 2013 | -710.00 Mn |
| Sep 30, 2013 | -710.00 Mn |
| Mar 31, 2013 | -660.00 Mn |
| Mar 31, 2013 | -660.00 Mn |
| Mar 31, 2011 | 20.00 Mn |
| Mar 31, 2011 | 20.00 Mn |
| Sep 30, 2010 | 7.00 Mn |
| Sep 30, 2010 | 7.00 Mn |