Westpac Banking (WEBNF) Tax Provisions (2016 - 2024)

Westpac Banking filings provide 8 years of Tax Provisions readings, the most recent being -$1.1 billion for Q3 2024.

  • On a quarterly basis, Tax Provisions fell 12.0% to -$1.1 billion in Q3 2024 year-over-year; TTM through Sep 2024 was -$4.0 billion, a 10.69% decrease, with the full-year FY2025 number at $2.0 billion, down 3.94% from a year prior.
  • Tax Provisions hit -$1.1 billion in Q3 2024 for Westpac Banking, down from -$972.1 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of -$700.4 million in Q3 2020 to a low of -$1.1 billion in Q3 2024.
  • Median Tax Provisions over the past 5 years was -$972.1 million (2023), compared with a mean of -$944.1 million.
  • Biggest five-year swings in Tax Provisions: surged 35.36% in 2020 and later crashed 49.29% in 2021.
  • Westpac Banking's Tax Provisions stood at -$700.4 million in 2020, then plummeted by 49.29% to -$1.0 billion in 2021, then grew by 12.64% to -$913.5 million in 2022, then dropped by 6.41% to -$972.1 million in 2023, then fell by 12.0% to -$1.1 billion in 2024.
  • The last three reported values for Tax Provisions were -$1.1 billion (Q3 2024), -$972.1 million (Q3 2023), and -$913.5 million (Q3 2022) per Business Quant data.