Westpac Banking (WEBNF) Asset Writedowns and Impairment (2009 - 2017)

Westpac Banking (WEBNF) posted Asset Writedowns and Impairment of $444.0 million for Q3 2017, down 11.55% quarter-over-quarter from $502.0 million in Q3 2016, and down 11.55% year-on-year from $502.0 million in Q3 2016.

Westpac Banking (WEBNF) Asset Writedowns and Impairment (2009 - 2017) Analysis & Trends

Westpac Banking (WEBNF) has reported Asset Writedowns and Impairment for 8 consecutive years, with $444.0 million the latest figure, recorded in Q3 2017.

  • Asset Writedowns and Impairment for Q3 2017 came in at $444.0 million, down 11.55% year-over-year; the trailing twelve-month figure through Sep 2017 was $1.4 billion (up 42.89% YoY), and the FY2016 annual result was $1.3 billion, changed N/A from the prior year.
  • Asset Writedowns and Impairment was $444.0 million for Q3 2017 at Westpac Banking, down from $502.0 million in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at $502.0 million in Q3 2016 and troughed at -$30.0 million in Q3 2013.
  • Average Asset Writedowns and Impairment over 4 years is $349.0 million, with a median of $462.0 million recorded in 2015.
  • Year-over-year, Asset Writedowns and Impairment tumbled 220.0% in 2013 and grew 4.58% in 2016.
  • Over 4 years, Asset Writedowns and Impairment stood at -$30.0 million in 2013, then soared by 1700.0% to $480.0 million in 2015, then gained by 4.58% to $502.0 million in 2016, then dropped by 11.55% to $444.0 million in 2017.
  • Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were $444.0 million in Q3 2017, $502.0 million in Q3 2016, and $480.0 million in Q3 2015.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Hsbc Holdings 1,641.64 Bn 1,642.09 Bn -
2 Bank Of America 423.61 Bn -183.09 Bn 29.24 Bn
3 Wells Fargo & Company 264.70 Bn 189.62 Bn -
4 Citigroup 256.70 Bn -1,928.30 Bn 19.85 Bn
5 UBS Group AG 156.73 Bn 156.73 Bn -
6 Bank of New York Mellon 100.92 Bn 44.00 Bn -
7 Jpmorgan Chase 93.06 Bn 120.14 Bn -
8 Sumitomo Mitsui Financial 92.45 Bn 93.39 Bn -
9 Bank of N.T. Butterfield & Son 2.40 Bn -454.67 Mn 152.73 Mn
10 Westpac Banking - - -

Historic Data

Download Data
DateValue
Sep 30, 2017 444.00 Mn
Sep 30, 2017 444.00 Mn
Sep 30, 2016 502.00 Mn
Sep 30, 2016 502.00 Mn
Sep 30, 2015 480.00 Mn
Sep 30, 2015 480.00 Mn
Sep 30, 2013 -30.00 Mn
Sep 30, 2013 -30.00 Mn
Sep 30, 2012 25.00 Mn
Sep 30, 2012 25.00 Mn
Mar 12, 2012 649.00 Mn
Mar 12, 2012 649.00 Mn
Sep 30, 2011 -30.00 Mn
Sep 30, 2011 -30.00 Mn
Mar 31, 2011 10.00 Mn
Mar 31, 2011 10.00 Mn
Sep 30, 2010 -54.00 Mn
Sep 30, 2010 -54.00 Mn
Mar 10, 2010 933.00 Mn
Mar 10, 2010 933.00 Mn