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

Westpac Banking (WEBNF) has reported Operating Expenses for 16 consecutive years, with -$3.1 billion the latest figure, recorded in Q3 2024.

• Operating Expenses for Q3 2024 came in at -$3.1 billion, up 12.39% year-over-year; the trailing twelve-month figure through Sep 2025 was -$3.1 billion (up 53.3% YoY), and the FY2025 annual result was $7.7 billion, up 4.79% from the prior year.
• Operating Expenses was -$3.1 billion for Q3 2024 at Westpac Banking, up from -$3.6 billion in the prior quarter.
• Over five years, Operating Expenses peaked at -$9.0 million in Q1 2021 and troughed at -$4.7 billion in Q3 2020.
• Average Operating Expenses over 5 years is -$2.5 billion, with a median of -$3.3 billion recorded in 2024.
• Year-over-year, Operating Expenses soared 35.71% in 2021 and tumbled 11827.21% in 2022.
• Over 5 years, Operating Expenses stood at -$4.7 billion in 2020, then advanced by 25.51% to -$3.5 billion in 2021, then declined by 8.87% to -$3.8 billion in 2022, then grew by 5.64% to -$3.6 billion in 2023, then climbed by 12.39% to -$3.1 billion in 2024.
• Per Business Quant data, the three most recent Operating Expenses figures were -$3.1 billion in Q3 2024, -$3.6 billion in Q3 2023, and -$3.8 billion in Q3 2022.