Westpac Banking (WEBNF) Asset Writedowns and Impairment (2009 - 2019)

Westpac Banking has reported Asset Writedowns and Impairment for 11 years, with the latest figure at -$316.2 million in Q3 2019.

• For the quarter ending Q3 2019, Asset Writedowns and Impairment fell 36.34% year-over-year to -$316.2 million; the trailing twelve-month figure through Sep 2019 stood at -$561.0 million (up 14.59% YoY), and the FY2019 full-year result was -$316.2 million, down 36.34% from the prior year.
• Asset Writedowns and Impairment for Q3 2019 stood at -$316.2 million, down from -$231.9 million in the prior quarter.
• The five-year high for Asset Writedowns and Impairment was $444.0 million in Q3 2017, with the low at -$457.0 million in Q3 2016.
• Historically, Asset Writedowns and Impairment has averaged -$97.3 million across 5 years, with a median of -$274.0 million in 2019.
• Annual changes were most pronounced in 2017 — Asset Writedowns and Impairment jumped 197.16% — and 2018, when it tumbled 152.23%.
• Westpac Banking's Asset Writedowns and Impairment stood at -$412.0 million in 2015, then fell by 10.92% to -$457.0 million in 2016, then jumped by 197.16% to $444.0 million in 2017, then plunged by 152.23% to -$231.9 million in 2018, then sank by 36.34% to -$316.2 million in 2019.
• The last three Asset Writedowns and Impairment figures came in at -$316.2 million (Q3 2019), -$231.9 million (Q3 2018), and $444.0 million (Q3 2017), per Business Quant data.