Westpac Banking (WBKCY) Tax Provisions (2009 - 2025)
Westpac Banking (WBKCY) posted Tax Provisions of -$23.6 million for Q3 2025, up 97.82% quarter-over-quarter from -$1.1 billion in Q3 2024, and up 97.82% year-on-year from -$11.9 million in Q3 2024.
Westpac Banking (WBKCY) Tax Provisions (2009 - 2025) Analysis & Trends
Westpac Banking (WBKCY) has reported Tax Provisions for 16 consecutive years, with -$23.6 million the latest figure, recorded in Q3 2025.
- Tax Provisions for Q3 2025 came in at -$23.6 million, up 97.82% year-over-year; the trailing twelve-month figure through Sep 2025 was -$3.0 billion (up 25.28% YoY), and the FY2025 annual result was $2.0 billion, down 3.94% from the prior year.
- Tax Provisions was -$23.6 million for Q3 2025 at Westpac Banking, up from -$1.1 billion in the prior quarter.
- Over five years, Tax Provisions peaked at $65.0 million in Q1 2021 and troughed at -$1.1 billion in Q3 2024.
- Average Tax Provisions over 5 years is -$667.0 million, with a median of -$958.7 million recorded in 2022.
- The widest YoY moves for Tax Provisions: up 275.68% in 2021, down 49.29% in 2021.
- Over 5 years, Tax Provisions stood at -$1.0 billion in 2021, then gained by 10.55% to -$935.3 million in 2022, then dropped by 4.99% to -$982.0 million in 2023, then retreated by 10.0% to -$1.1 billion in 2024, then soared by 97.82% to -$23.6 million in 2025.
- Per Business Quant data, the three most recent Tax Provisions figures were -$23.6 million in Q3 2025, -$1.1 billion in Q3 2024, and -$982.0 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 441.62 Bn | -146.87 Bn | 30.39 Bn | 2.49 Bn |
| 2 | Hsbc Holdings | 357.01 Bn | 357.01 Bn | - | 6.18 Bn |
| 3 | Royal Bank Of Canada | 286.58 Bn | 87.66 Bn | - | 1.17 Bn |
| 4 | Wells Fargo & Company | 254.86 Bn | 50.89 Bn | - | 1.40 Bn |
| 5 | Mitsubishi Ufj Financial | 251.70 Bn | -141.92 Bn | 10.89 Bn | 1.70 Bn |
| 6 | Citigroup | 223.37 Bn | -2,078.94 Bn | 24.75 Bn | 2.01 Bn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.48 Bn | 19.99 Bn | - | 565.37 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, 2025 | -23.56 Mn |
| Sep 30, 2024 | -1.08 Bn |
| Sep 30, 2023 | -982.02 Mn |
| Sep 30, 2022 | -935.34 Mn |
| Sep 30, 2021 | -1.07 Bn |
| Mar 31, 2021 | 65.00 Mn |
| Sep 30, 2020 | -700.41 Mn |
| Mar 31, 2020 | -37.00 Mn |
| Sep 30, 2019 | -1.08 Bn |
| Sep 30, 2018 | 4.22 Bn |
| Sep 30, 2016 | -1.72 Bn |
| Mar 31, 2016 | -1.62 Bn |
| Sep 30, 2015 | -1.74 Bn |
| Mar 31, 2015 | -1.61 Bn |
| Mar 31, 2014 | -1.64 Bn |
| Sep 30, 2013 | -1.47 Bn |
| Mar 31, 2013 | -1.56 Bn |
| Sep 30, 2012 | -1.50 Bn |
| Mar 31, 2012 | 1.33 Bn |
| Sep 30, 2011 | -1.22 Bn |