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| Date | Value |
|---|---|
| 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 |