Westpac Banking (WEBNF) Divestments (2009 - 2022)

Westpac Banking (WEBNF) posted Divestments of $509.0 million for Q3 2022, up 608.97% quarter-over-quarter from -$100.0 million in Q1 2020.

Westpac Banking (WEBNF) Divestments (2009 - 2022) Analysis & Trends

Westpac Banking (WEBNF) has reported Divestments for 5 consecutive years, with $509.0 million the latest figure, recorded in Q3 2022.

  • Divestments for Q3 2022 came in at $509.0 million, changed N/A year-over-year; the trailing twelve-month figure through Sep 2022 was $999.0 million (changed N/A YoY), and the FY2023 annual result was $191.9 million, down 86.73% from the prior year.
  • Divestments was $509.0 million for Q3 2022 at Westpac Banking, up from -$100.0 million in the prior quarter.
  • Over five years, Divestments peaked at $509.0 million in Q3 2022 and troughed at -$100.0 million in Q1 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Divestments (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 15,000.00
10 Westpac Banking - - - -

Historic Data

Download Data
DateValue
Sep 30, 2022 508.97 Mn
Mar 31, 2020 -100.00 Mn
Sep 30, 2016 -58.00 Mn
Mar 16, 2016 24.00 Mn
Sep 30, 2015 648.00 Mn
Sep 30, 2009 -100.00 Mn