Westpac Banking (WEBNF) Research & Development (2009 - 2016)
Westpac Banking (WEBNF) posted Research & Development of -$1.0 billion for Q3 2016, up 30.45% quarter-over-quarter from -$1.5 billion in Q3 2015, and up 30.45% year-on-year from -$775.8 million in Q4 2015.
Westpac Banking (WEBNF) Research & Development (2009 - 2016) Analysis & Trends
Westpac Banking (WEBNF) has reported Research & Development for 4 consecutive years, with -$1.0 billion the latest figure, recorded in Q3 2016.
- Research & Development for Q3 2016 came in at -$1.0 billion, up 30.45% year-over-year; the trailing twelve-month figure through Sep 2016 was -$2.4 billion (down 72.98% YoY), and the FY2020 annual result was $44.0 million, down 12.0% from the prior year.
- Research & Development was -$1.0 billion for Q3 2016 at Westpac Banking, up from -$1.5 billion in the prior quarter.
- Over five years, Research & Development peaked at $43.0 million in Q3 2012 and troughed at -$1.5 billion in Q3 2015.
- Average Research & Development over 3 years is -$808.0 million, with a median of -$1.0 billion recorded in 2016.
- The widest YoY moves for Research & Development: up 30.45% in 2016, down 30.45% in 2016.
- Over 3 years, Research & Development stood at $43.0 million in 2012, then plunged by 3483.72% to -$1.5 billion in 2015, then soared by 30.45% to -$1.0 billion in 2016.
- Per Business Quant data, the three most recent Research & Development figures were -$1.0 billion in Q3 2016, -$1.5 billion in Q3 2015, and $43.0 million in Q3 2012.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (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 | 2.02 Bn |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | - |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | 2.43 Bn |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | 556.00 Mn |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | 3.02 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 | 15.42 Mn |
| 10 | Westpac Banking | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2016 | -1.01 Bn |
| Sep 30, 2015 | -1.46 Bn |
| Sep 30, 2012 | 43.00 Mn |
| Mar 31, 2009 | 23.00 Mn |