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