Westpac Banking (WEBNF) Construction in Progress (2009 - 2021)

Westpac Banking (WEBNF) has reported Construction in Progress for 12 consecutive years, with -$1.7 billion the latest figure, recorded in Q1 2021.

• Construction in Progress for Q1 2021 came in at -$1.7 billion, down 5.62% year-over-year; the trailing twelve-month figure through Mar 2021 was -$1.7 billion (down 5.62% YoY), and the FY2020 annual result was -$1.6 billion, up 8.32% from the prior year.
• Construction in Progress was -$1.7 billion for Q1 2021 at Westpac Banking, down from -$1.6 billion in the prior quarter.
• Over five years, Construction in Progress peaked at -$1.6 billion in Q3 2020 and troughed at -$1.9 billion in Q3 2017.
• Average Construction in Progress over 4 years is -$1.8 billion, with a median of -$1.8 billion recorded in 2018.
• Year-over-year, Construction in Progress increased 3.92% in 2018 and dropped 5.62% in 2021.
• Over 4 years, Construction in Progress stood at -$1.9 billion in 2017, then grew by 3.92% to -$1.8 billion in 2018, then gained by 14.25% to -$1.6 billion in 2020, then declined by 10.98% to -$1.7 billion in 2021.
• Per Business Quant data, the three most recent Construction in Progress figures were -$1.7 billion in Q1 2021, -$1.6 billion in Q3 2020, and -$1.7 billion in Q1 2020.