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Westpac Banking (WEBNF) Research & Development (2016 - 2022)

Westpac Banking filings provide 5 years of Research & Development readings, the most recent being $27.4 million for Q3 2022.

  • On a quarterly basis, Research & Development fell 27.07% to $27.4 million in Q3 2022 year-over-year; TTM through Sep 2022 was $127.9 million, a 35.28% increase, with the full-year FY2022 number at $27.4 million, down 27.07% from a year prior.
  • Research & Development hit $27.4 million in Q3 2022 for Westpac Banking, down from $37.5 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $37.5 million in Q3 2021 to a low of $27.4 million in Q3 2022.
  • Median Research & Development over the past 4 years was $31.5 million (2019), compared with a mean of $32.0 million.
  • Biggest five-year swings in Research & Development: rose 16.6% in 2021 and later dropped 27.07% in 2022.
  • Westpac Banking's Research & Development stood at $30.9 million in 2019, then rose by 4.22% to $32.2 million in 2020, then rose by 16.6% to $37.5 million in 2021, then dropped by 27.07% to $27.4 million in 2022.
  • The last three reported values for Research & Development were $27.4 million (Q3 2022), $37.5 million (Q3 2021), and $32.2 million (Q3 2020) per Business Quant data.