Westpac Banking (WEBNF) Net Income (2009 - 2024)
Westpac Banking (WEBNF) reported Net Income of $4.6 billion for Q3 2024, up 14.43% on a YoY basis from $4.0 billion in Q4 2023, and up 14.43% quarter-over-quarter from $4.0 billion in Q3 2023.
Westpac Banking (WEBNF) Net Income (2009 - 2024) Analysis & Trends
Westpac Banking has reported Net Income for 16 years, with the latest figure at $4.6 billion in Q3 2024.
- For the quarter ending Q3 2024, Net Income rose 14.43% year-over-year to $4.6 billion; the trailing twelve-month figure through Sep 2025 stood at $4.6 billion (down 46.64% YoY), and the FY2025 full-year result was $4.5 billion, down 4.54% from the prior year.
- Net Income for Q3 2024 stood at $4.6 billion, up from $4.0 billion in the prior quarter.
- The five-year high for Net Income was $4.6 billion in Q3 2024, with the low at -$21.0 million in Q1 2020.
- Historically, Net Income has averaged $2.6 billion across 5 years, with a median of $3.5 billion in 2022.
- Annual changes were most pronounced in 2020 — Net Income tumbled 52.91% — and 2021, when it jumped 471.43%.
- Westpac Banking's Net Income stood at $2.2 billion in 2020, then surged by 63.42% to $3.6 billion in 2021, then fell by 2.71% to $3.5 billion in 2022, then rose by 16.08% to $4.0 billion in 2023, then rose by 14.43% to $4.6 billion in 2024.
- The last three Net Income figures came in at $4.6 billion (Q3 2024), $4.0 billion (Q3 2023), and $3.5 billion (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,329,940,501.22 Bn | 1,329,940,501.43 Bn | - | 1.80 Bn |
| 2 | Hsbc Holdings | 37,228.00 Bn | 37,228.45 Bn | - | 11.36 Bn |
| 3 | Royal Bank Of Canada | 2,913.28 Bn | 2,841.72 Bn | - | 4.17 Bn |
| 4 | Toronto Dominion Bank | 959.65 Bn | 952.85 Bn | - | - |
| 5 | Bank Of Montreal | 416.15 Bn | 416.15 Bn | - | 1.79 Bn |
| 6 | Bank Of America | 390.60 Bn | -216.10 Bn | 29.24 Bn | 8.58 Bn |
| 7 | Barclays | 379.37 Bn | -269.24 Bn | - | 4.65 Bn |
| 8 | Mitsubishi Ufj Financial | 271.88 Bn | -414.40 Bn | 3.81 Bn | 1.62 Bn |
| 9 | Wells Fargo & Company | 252.38 Bn | 177.30 Bn | - | 5.29 Bn |
| 10 | Westpac Banking | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 4.62 Bn |
| Sep 30, 2023 | 4.04 Bn |
| Sep 30, 2022 | 3.48 Bn |
| Sep 30, 2021 | 3.58 Bn |
| Mar 31, 2021 | 78.00 Mn |
| Sep 30, 2020 | 2.19 Bn |
| Mar 31, 2020 | -21.00 Mn |
| Sep 30, 2019 | 4.65 Bn |
| Sep 30, 2018 | 5.48 Bn |
| Mar 31, 2018 | 5.59 Bn |
| Sep 30, 2017 | 7.66 Bn |
| Sep 30, 2016 | 7.06 Bn |
| Sep 30, 2015 | 7.91 Bn |
| Sep 30, 2014 | 7.01 Bn |
| Sep 30, 2013 | 6.44 Bn |
| Sep 30, 2012 | -90.00 Mn |
| Mar 31, 2012 | -8.00 Mn |
| Sep 30, 2011 | -5.00 Mn |
| Mar 31, 2011 | -78.00 Mn |
| Sep 30, 2010 | -5.00 Mn |