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

Westpac Banking (WEBNF) posted Other Operating Expenses of -$3.1 billion for Q3 2024, up 12.39% quarter-over-quarter from -$3.6 billion in Q3 2023, and up 12.39% year-on-year from -$2.8 billion in Q4 2023.

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

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

  • Other 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.
  • Other Operating Expenses was -$3.1 billion for Q3 2024 at Westpac Banking, up from -$3.6 billion in the prior quarter.
  • Over five years, Other Operating Expenses peaked at $260.3 million in Q3 2021 and troughed at -$3.8 billion in Q3 2022.
  • Average Other Operating Expenses over 5 years is -$1.4 billion, with a median of -$543.7 million recorded in 2020.
  • Year-over-year, Other Operating Expenses soared 16835.05% in 2020 and plunged 1560.15% in 2022.
  • Over 5 years, Other Operating Expenses stood at $232.3 million in 2020, then climbed by 12.07% to $260.3 million in 2021, then plunged by 1560.15% 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 Other Operating Expenses figures were -$3.1 billion in Q3 2024, -$3.6 billion in Q3 2023, and -$3.8 billion in Q3 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
3 Wells Fargo & Company 264.70 Bn 189.62 Bn -
4 Citigroup 256.70 Bn -1,928.30 Bn 19.85 Bn
5 UBS Group AG 156.73 Bn 156.73 Bn -
6 Bank of New York Mellon 100.92 Bn 44.00 Bn -
7 Jpmorgan Chase 93.06 Bn 120.14 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
10 Westpac Banking - - -

Historic Data

Download Data
DateValue
Sep 30, 2024 -3.69 Bn
Sep 30, 2023 -3.74 Bn
Sep 30, 2022 -3.21 Bn
Mar 31, 2022 -1.24 Bn
Sep 30, 2021 260.31 Mn
Mar 31, 2021 84.00 Mn
Sep 30, 2020 232.28 Mn
Mar 31, 2020 -14.00 Mn
Sep 30, 2019 1.37 Mn
Sep 30, 2018 -12.44 Mn
Sep 30, 2017 -4.80 Bn
Sep 30, 2016 99.00 Mn
Sep 30, 2015 1.28 Bn
Sep 30, 2014 -3.40 Bn
Sep 30, 2013 -75.00 Mn
Sep 30, 2012 -114.00 Mn
Sep 30, 2011 10.00 Mn
Mar 31, 2011 14.00 Mn
Sep 30, 2010 15.00 Mn
Sep 30, 2009 31.00 Mn