Westpac Banking (WBKCY) Rent Expense (2010 - 2016)

Westpac Banking posted quarterly Rent Expense of -$521.0 million for Q3 2016, down 173.38% on a QoQ basis from $710.0 million in Q3 2013.

Westpac Banking (WBKCY) has 5 years of Rent Expense data on file, last reported at -$521.0 million in Q3 2016.

  • For the quarter ending Q3 2016, Rent Expense changed N/A year-over-year to -$521.0 million; the trailing twelve-month figure through Sep 2016 stood at $795.0 million (changed N/A YoY), and the FY2012 full-year result was $1.3 billion, up 14.62% from the prior year.
  • Rent Expense for Q3 2016 stood at -$521.0 million, down from $710.0 million in the prior quarter.
  • Across five years, Rent Expense topped out at $710.0 million in Q3 2013 and bottomed at -$521.0 million in Q3 2016.
  • The 3-year median for Rent Expense is $621.0 million (2013), against an average of $283.4 million.
  • The widest annual swing landed in 2012, when Rent Expense sank 400.0%; it then soared 4833.33% in 2013.
  • A 3-year view of Rent Expense shows it stood at -$15.0 million in 2012, then jumped by 4833.33% to $710.0 million in 2013, then plunged by 173.38% to -$521.0 million in 2016.
  • The last three Rent Expense figures came in at -$521.0 million (Q3 2016), $710.0 million (Q3 2013), and $621.0 million (Q1 2013), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Canadian Imperial Bank Of Commerce 1,282,929,665.61 Bn 1,282,929,665.82 Bn - -
2 Toronto Dominion Bank 928.05 Bn 749.34 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 1.90 Bn
6 Bank Of Montreal 316.89 Bn 316.89 Bn - -
7 Wells Fargo & Company 238.28 Bn 163.21 Bn - 778.00 Mn
8 Citigroup 235.82 Bn -1,949.18 Bn 19.85 Bn 681.00 Mn
9 Bank of New York Mellon 94.86 Bn 37.94 Bn - 123.00 Mn
10 Westpac Banking - - - -

Historic Data

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DateValue
Sep 30, 2016 -521.00 Mn
Sep 30, 2016 -521.00 Mn
Sep 30, 2013 710.00 Mn
Sep 30, 2013 710.00 Mn
Mar 12, 2013 621.00 Mn
Mar 12, 2013 621.00 Mn
Sep 30, 2012 -15.00 Mn
Sep 30, 2012 -15.00 Mn
Mar 12, 2012 622.00 Mn
Mar 12, 2012 622.00 Mn
Sep 30, 2011 -3.00 Mn
Sep 30, 2011 -3.00 Mn
Mar 11, 2011 543.00 Mn
Mar 11, 2011 543.00 Mn
Sep 30, 2010 562.00 Mn
Sep 30, 2010 562.00 Mn