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
DateValue
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