Westpac Banking (WEBNF) Other Operating Expenses (2009 - 2024)
Westpac Banking (WEBNF) reported Other Operating Expenses of -$3.2 billion for Q3 2024, up 15.23% on a YoY basis from -$2.7 billion in Q4 2023, and up 15.23% quarter-over-quarter from -$3.7 billion in Q3 2023.
Westpac Banking (WEBNF) Other Operating Expenses (2009 - 2024) Analysis & Trends
Westpac Banking has reported Other Operating Expenses for 16 years, with the latest figure at -$3.2 billion in Q3 2024.
- For the quarter ending Q3 2024, Other Operating Expenses rose 15.23% year-over-year to -$3.2 billion; the trailing twelve-month figure through Sep 2025 stood at -$3.2 billion (up 54.12% YoY), and the FY2025 full-year result was $7.7 billion, up 4.79% from the prior year.
- Other Operating Expenses for Q3 2024 stood at -$3.2 billion, up from -$3.7 billion in the prior quarter.
- The five-year high for Other Operating Expenses was $260.3 million in Q3 2021, with the low at -$3.7 billion in Q3 2023.
- Historically, Other Operating Expenses has averaged -$1.4 billion across 5 years, with a median of -$14.0 million in 2020.
- Annual changes were most pronounced in 2020 — Other Operating Expenses jumped 16835.05% — and 2022, when it tumbled 1304.36%.
- Westpac Banking's Other Operating Expenses stood at $232.3 million in 2020, then rose by 12.07% to $260.3 million in 2021, then plunged by 1304.36% to -$3.1 billion in 2022, then declined by 19.18% to -$3.7 billion in 2023, then grew by 15.23% to -$3.2 billion in 2024.
- The last three Other Operating Expenses figures came in at -$3.2 billion (Q3 2024), -$3.7 billion (Q3 2023), and -$3.1 billion (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,329,940,501.22 Bn | 1,329,940,501.43 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 | - |
| 4 | Toronto Dominion Bank | 959.65 Bn | 952.85 Bn | - |
| 5 | Bank Of Montreal | 416.15 Bn | 416.15 Bn | - |
| 6 | Bank Of America | 390.60 Bn | -216.10 Bn | 29.24 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 | Westpac Banking | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | -3.17 Bn |
| Sep 30, 2023 | -3.74 Bn |
| Sep 30, 2022 | -3.14 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 | -3.69 Bn |
| Sep 30, 2016 | 99.00 Mn |
| Sep 30, 2015 | -5.06 Bn |
| Sep 30, 2014 | -4.35 Bn |
| Sep 30, 2013 | -75.00 Mn |
| Sep 30, 2012 | -40.00 Mn |
| Mar 31, 2012 | -46.00 Mn |
| Sep 30, 2011 | 10.00 Mn |
| Mar 31, 2011 | 3.57 Bn |
| Sep 30, 2010 | 3.00 Mn |
| Mar 31, 2010 | 1.00 Mn |