Westpac Banking (WEBNF) Change in Intangibles (2009 - 2024)
Westpac Banking (WEBNF) posted Change in Intangibles of -$300.9 million for Q3 2024, up 16.71% quarter-over-quarter from -$361.3 million in Q3 2023, and up 16.71% year-on-year from -$257.9 million in Q4 2023.
Westpac Banking (WEBNF) Change in Intangibles (2009 - 2024) Analysis & Trends
Westpac Banking (WEBNF) has reported Change in Intangibles for 15 consecutive years, with -$300.9 million the latest figure, recorded in Q3 2024.
- Change in Intangibles for Q3 2024 came in at -$300.9 million, up 16.71% year-over-year; the trailing twelve-month figure through Sep 2024 was -$1.4 billion (down 22.11% YoY), and the FY2016 annual result was -$707.0 million, down 6.48% from the prior year.
- Change in Intangibles was -$300.9 million for Q3 2024 at Westpac Banking, up from -$361.3 million in the prior quarter.
- Over five years, Change in Intangibles peaked at -$16.0 million in Q1 2020 and troughed at -$474.0 million in Q3 2022.
- Average Change in Intangibles over 5 years is -$274.0 million, with a median of -$300.9 million recorded in 2024.
- The widest YoY moves for Change in Intangibles: up 33.67% in 2021, down 168.75% in 2021.
- Over 5 years, Change in Intangibles stood at -$434.5 million in 2020, then surged by 33.67% to -$288.2 million in 2021, then sank by 64.43% to -$474.0 million in 2022, then gained by 23.77% to -$361.3 million in 2023, then gained by 16.71% to -$300.9 million in 2024.
- Per Business Quant data, the three most recent Change in Intangibles figures were -$300.9 million in Q3 2024, -$361.3 million in Q3 2023, and -$474.0 million in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Intangibles (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, 2024 | -300.95 Mn |
| Sep 30, 2024 | -300.95 Mn |
| Sep 30, 2023 | -357.64 Mn |
| Sep 30, 2023 | -357.64 Mn |
| Sep 30, 2022 | -473.97 Mn |
| Sep 30, 2022 | -473.97 Mn |
| Sep 30, 2021 | -288.25 Mn |
| Sep 30, 2021 | -288.25 Mn |
| Mar 31, 2021 | -43.00 Mn |
| Mar 31, 2021 | -43.00 Mn |
| Sep 30, 2020 | -434.54 Mn |
| Sep 30, 2020 | -434.54 Mn |
| Mar 31, 2020 | -16.00 Mn |
| Mar 31, 2020 | -16.00 Mn |
| Sep 30, 2019 | -350.44 Mn |
| Sep 30, 2019 | -350.44 Mn |
| Sep 30, 2018 | -360.63 Mn |
| Sep 30, 2018 | -360.63 Mn |
| Sep 30, 2017 | -422.00 Mn |
| Sep 30, 2017 | -422.00 Mn |