Westpac Banking (WEBNF) Rent Expense (2013 - 2016)
Westpac Banking (WEBNF) posted Rent Expense of -$521.0 million for Q3 2016, down 7.2% quarter-over-quarter from -$486.0 million in Q3 2015, and down 7.2% year-on-year from -$561.4 million in Q4 2015.
Westpac Banking (WEBNF) Rent Expense (2013 - 2016) Analysis & Trends
Westpac Banking (WEBNF) has reported Rent Expense for 3 consecutive years, with -$521.0 million the latest figure, recorded in Q3 2016.
- Rent Expense for Q3 2016 came in at -$521.0 million, down 7.2% year-over-year; the trailing twelve-month figure through Sep 2016 was -$2.3 billion (down 3.27% YoY), and the FY2014 annual result was -$1.5 billion, changed N/A from the prior year.
- Rent Expense was -$521.0 million for Q3 2016 at Westpac Banking, down from -$486.0 million in the prior quarter.
- Over five years, Rent Expense peaked at -$486.0 million in Q3 2015 and troughed at -$710.0 million in Q3 2013.
- Average Rent Expense over 3 years is -$572.3 million, with a median of -$521.0 million recorded in 2016.
- The widest YoY moves for Rent Expense: up 7.2% in 2016, down 7.2% in 2016.
- Over 3 years, Rent Expense stood at -$710.0 million in 2013, then jumped by 31.55% to -$486.0 million in 2015, then retreated by 7.2% to -$521.0 million in 2016.
- Per Business Quant data, the three most recent Rent Expense figures were -$521.0 million in Q3 2016, -$486.0 million in Q3 2015, and -$710.0 million in Q3 2013.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (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 | 1.90 Bn |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | 778.00 Mn |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | 681.00 Mn |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | 123.00 Mn |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | 1.45 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 | 7.67 Mn |
| 10 | Westpac Banking | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2016 | -521.00 Mn |
| Sep 30, 2016 | -521.00 Mn |
| Sep 30, 2015 | -486.00 Mn |
| Sep 30, 2015 | -486.00 Mn |
| Sep 30, 2013 | -710.00 Mn |
| Sep 30, 2013 | -710.00 Mn |