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
DateValue
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