Westpac Banking (WBKCY) Restructuring Costs (2010 - 2022)

Westpac Banking posted quarterly Restructuring Costs of $41.0 million for Q3 2022, down 21.42% year-on-year from $52.2 million in Q3 2021, and down 21.42% on a QoQ basis from $52.2 million in Q3 2021.

Westpac Banking (WBKCY) has 8 years of Restructuring Costs data on file, last reported at $41.0 million in Q3 2022.

  • For the quarter ending Q3 2022, Restructuring Costs fell 21.42% year-over-year to $41.0 million; the trailing twelve-month figure through Sep 2022 stood at $188.2 million (up 19.74% YoY), and the FY2022 full-year result was $41.0 million, down 21.42% from the prior year.
  • Restructuring Costs for Q3 2022 stood at $41.0 million, down from $52.2 million in the prior quarter.
  • Across five years, Restructuring Costs topped out at $52.8 million in Q3 2019 and bottomed at $41.0 million in Q3 2022.
  • The 4-year median for Restructuring Costs is $47.2 million (2021), against an average of $47.1 million.
  • The widest annual swing landed in 2021, when Restructuring Costs advanced 23.81%; it then retreated 21.42% in 2022.
  • A 4-year view of Restructuring Costs shows it stood at $52.8 million in 2019, then retreated by 20.15% to $42.2 million in 2020, then gained by 23.81% to $52.2 million in 2021, then declined by 21.42% to $41.0 million in 2022.
  • The last three Restructuring Costs figures came in at $41.0 million (Q3 2022), $52.2 million (Q3 2021), and $42.2 million (Q3 2020), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
6 Bank Of Montreal 316.89 Bn 316.89 Bn -
7 Wells Fargo & Company 238.28 Bn 163.21 Bn -
8 Citigroup 235.82 Bn -1,949.18 Bn 19.85 Bn
9 Bank of New York Mellon 94.86 Bn 37.94 Bn -
10 Westpac Banking - - -

Historic Data

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DateValue
Sep 30, 2022 41.03 Mn
Sep 30, 2021 52.21 Mn
Sep 30, 2020 42.17 Mn
Sep 30, 2019 52.81 Mn
Sep 30, 2013 10.00 Mn
Mar 12, 2013 35.00 Mn
Sep 30, 2012 16.00 Mn
Mar 12, 2012 -8.00 Mn
Sep 30, 2011 -96.00 Mn
Mar 11, 2011 64.00 Mn
Sep 30, 2010 32.00 Mn