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
DateValue
Sep 30, 2016 -1.01 Bn
Sep 30, 2015 -1.46 Bn
Sep 30, 2012 43.00 Mn
Mar 31, 2009 23.00 Mn