Westpac Banking (WBKCY) Research & Development (2009 - 2016)
Westpac Banking (WBKCY) posted Research & Development of -$1.0 billion for Q3 2016, up 30.45% quarter-over-quarter from -$1.5 billion in Q3 2015, and up 30.45% year-on-year from -$775.8 million in Q4 2015.
Westpac Banking (WBKCY) Research & Development (2009 - 2016) Analysis & Trends
Westpac Banking (WBKCY) has reported Research & Development for 4 consecutive years, with -$1.0 billion the latest figure, recorded in Q3 2016.
- Research & Development for Q3 2016 came in at -$1.0 billion, up 30.45% year-over-year; the trailing twelve-month figure through Sep 2016 was -$2.4 billion (down 72.98% YoY), and the FY2020 annual result was $44.0 million, down 12.0% from the prior year.
- Research & Development was -$1.0 billion for Q3 2016 at Westpac Banking, up from -$1.5 billion in the prior quarter.
- Over five years, Research & Development peaked at $43.0 million in Q3 2012 and troughed at -$1.5 billion in Q3 2015.
- Average Research & Development over 3 years is -$808.0 million, with a median of -$1.0 billion recorded in 2016.
- The widest YoY moves for Research & Development: up 30.45% in 2016, down 30.45% in 2016.
- Over 3 years, Research & Development stood at $43.0 million in 2012, then plunged by 3483.72% to -$1.5 billion in 2015, then soared by 30.45% to -$1.0 billion in 2016.
- Per Business Quant data, the three most recent Research & Development figures were -$1.0 billion in Q3 2016, -$1.5 billion in Q3 2015, and $43.0 million in Q3 2012.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 441.62 Bn | -146.87 Bn | 30.39 Bn | 1.92 Bn |
| 2 | Hsbc Holdings | 357.01 Bn | 357.01 Bn | - | - |
| 3 | Royal Bank Of Canada | 286.58 Bn | 87.66 Bn | - | 255.80 Mn |
| 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 | 2.27 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, 2016 | -1.01 Bn |
| Mar 31, 2016 | -917.00 Mn |
| Sep 30, 2015 | -1.46 Bn |
| Mar 31, 2015 | -833.00 Mn |
| Mar 31, 2014 | 100.00 Mn |
| Mar 31, 2013 | 100.00 Mn |
| Sep 30, 2012 | 43.00 Mn |
| Mar 31, 2012 | 53.00 Mn |
| Mar 31, 2011 | 80.00 Mn |
| Sep 30, 2010 | 38.00 Mn |
| Mar 31, 2010 | 60.00 Mn |
| Mar 31, 2009 | 43.00 Mn |