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
DateValue
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