Westpac Banking (WEBNF) Interest Expenses (2009 - 2024)
Westpac Banking (WEBNF) posted Interest Expenses of $12.1 billion for Q3 2024, up 224.06% quarter-over-quarter from -$9.7 billion in Q3 2023, and up 224.06% year-on-year from $3.7 billion in Q4 2023.
Westpac Banking (WEBNF) Interest Expenses (2009 - 2024) Analysis & Trends
Westpac Banking (WEBNF) has reported Interest Expenses for 13 consecutive years, with $12.1 billion the latest figure, recorded in Q3 2024.
- Interest Expenses for Q3 2024 came in at $12.1 billion, up 224.06% year-over-year; the trailing twelve-month figure through Sep 2025 was $12.1 billion (up 415.57% YoY), and the FY2025 annual result was $23.0 billion, down 3.57% from the prior year.
- Interest Expenses was $12.1 billion for Q3 2024 at Westpac Banking, up from -$9.7 billion in the prior quarter.
- Over five years, Interest Expenses peaked at $12.1 billion in Q3 2024 and troughed at -$9.7 billion in Q3 2023.
- Average Interest Expenses over 5 years is -$816.0 million, with a median of -$1.7 billion recorded in 2021.
- Year-over-year, Interest Expenses plunged 233.17% in 2023 and soared 224.06% in 2024.
- Over 5 years, Interest Expenses stood at -$3.3 billion in 2020, then jumped by 48.55% to -$1.7 billion in 2021, then plunged by 70.23% to -$2.9 billion in 2022, then plunged by 233.17% to -$9.7 billion in 2023, then soared by 224.06% to $12.1 billion in 2024.
- Per Business Quant data, the three most recent Interest Expenses figures were $12.1 billion in Q3 2024, -$9.7 billion in Q3 2023, and -$2.9 billion in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (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 | 17.61 Bn |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | 10.35 Bn |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | 20.98 Bn |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | 4.45 Bn |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | 23.83 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 | 39.40 Mn |
| 10 | Westpac Banking | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 12.08 Bn |
| Sep 30, 2024 | 12.08 Bn |
| Sep 30, 2023 | -9.63 Bn |
| Sep 30, 2023 | -9.63 Bn |
| Sep 30, 2022 | -2.92 Bn |
| Sep 30, 2022 | -2.92 Bn |
| Sep 30, 2021 | -1.72 Bn |
| Sep 30, 2021 | -1.72 Bn |
| Mar 31, 2021 | -46.00 Mn |
| Mar 31, 2021 | -46.00 Mn |
| Sep 30, 2020 | -3.34 Bn |
| Sep 30, 2020 | -3.34 Bn |
| Mar 31, 2020 | -35.00 Mn |
| Mar 31, 2020 | -35.00 Mn |
| Sep 30, 2019 | -5.22 Bn |
| Sep 30, 2019 | -5.22 Bn |
| Sep 30, 2018 | -6.04 Bn |
| Sep 30, 2018 | -6.04 Bn |
| Sep 30, 2017 | -7.94 Bn |
| Sep 30, 2017 | -7.94 Bn |