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| Date | Value |
|---|---|
| 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 |