Westpac Banking (WEBNF) Interest Expenses (2009 - 2024)

Westpac Banking (WEBNF) reported Interest Expenses of $12.2 billion for Q3 2024, up 226.32% on a YoY basis from $3.7 billion in Q4 2023, and up 226.32% quarter-over-quarter from -$9.6 billion in Q3 2023.

Westpac Banking (WEBNF) Interest Expenses (2009 - 2024) Analysis & Trends

Westpac Banking has reported Interest Expenses for 16 years, with the latest figure at $12.2 billion in Q3 2024.

  • For the quarter ending Q3 2024, Interest Expenses rose 226.32% year-over-year to $12.2 billion; the trailing twelve-month figure through Sep 2025 stood at $12.2 billion (up 379.89% YoY), and the FY2025 full-year result was $23.0 billion, down 3.57% from the prior year.
  • Interest Expenses for Q3 2024 stood at $12.2 billion, up from -$9.6 billion in the prior quarter.
  • The five-year high for Interest Expenses was $12.2 billion in Q3 2024, with the low at -$9.6 billion in Q3 2023.
  • Historically, Interest Expenses has averaged -$778.6 million across 5 years, with a median of -$1.7 billion in 2021.
  • Annual changes were most pronounced in 2023 — Interest Expenses plunged 237.67% — and 2024, when it jumped 226.32%.
  • Westpac Banking's Interest Expenses stood at -$3.3 billion in 2020, then jumped by 48.55% to -$1.7 billion in 2021, then plunged by 66.25% to -$2.9 billion in 2022, then sank by 237.67% to -$9.6 billion in 2023, then soared by 226.32% to $12.2 billion in 2024.
  • The last three Interest Expenses figures came in at $12.2 billion (Q3 2024), -$9.6 billion (Q3 2023), and -$2.9 billion (Q3 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Canadian Imperial Bank Of Commerce 1,329,940,501.22 Bn 1,329,940,501.43 Bn - 5.18 Bn
2 Hsbc Holdings 37,228.00 Bn 37,228.45 Bn - -
3 Royal Bank Of Canada 2,913.28 Bn 2,841.72 Bn - 12.62 Bn
4 Toronto Dominion Bank 959.65 Bn 952.85 Bn - 8.11 Bn
5 Bank Of Montreal 416.15 Bn 416.15 Bn - 6.86 Bn
6 Bank Of America 390.60 Bn -216.10 Bn 29.24 Bn 17.61 Bn
7 Barclays 379.37 Bn -269.24 Bn - -
8 Mitsubishi Ufj Financial 271.88 Bn -414.40 Bn 3.81 Bn -
9 Wells Fargo & Company 252.38 Bn 177.30 Bn - 10.35 Bn
10 Westpac Banking - - - -

Historic Data

Download Data
DateValue
Sep 30, 2024 12.17 Bn
Sep 30, 2024 12.17 Bn
Sep 30, 2023 -9.63 Bn
Sep 30, 2023 -9.63 Bn
Sep 30, 2022 -2.85 Bn
Sep 30, 2022 -2.85 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