Westpac Banking (WEBNF) Tax Provisions (2009 - 2025)
Westpac Banking (WEBNF) posted Tax Provisions of -$23.6 million for Q3 2025, up 97.82% quarter-over-quarter from -$1.1 billion in Q3 2024, and up 97.82% year-on-year from -$11.9 million in Q3 2024.
Westpac Banking (WEBNF) Tax Provisions (2009 - 2025) Analysis & Trends
Westpac Banking (WEBNF) has reported Tax Provisions for 16 consecutive years, with -$23.6 million the latest figure, recorded in Q3 2025.
- Tax Provisions for Q3 2025 came in at -$23.6 million, up 97.82% year-over-year; the trailing twelve-month figure through Sep 2025 was -$3.0 billion (up 25.28% YoY), and the FY2025 annual result was $2.0 billion, down 3.94% from the prior year.
- Tax Provisions was -$23.6 million for Q3 2025 at Westpac Banking, up from -$1.1 billion in the prior quarter.
- Over five years, Tax Provisions peaked at $65.0 million in Q1 2021 and troughed at -$1.1 billion in Q3 2024.
- Average Tax Provisions over 5 years is -$667.0 million, with a median of -$958.7 million recorded in 2022.
- The widest YoY moves for Tax Provisions: up 275.68% in 2021, down 49.29% in 2021.
- Over 5 years, Tax Provisions stood at -$1.0 billion in 2021, then gained by 10.55% to -$935.3 million in 2022, then dropped by 4.99% to -$982.0 million in 2023, then retreated by 10.0% to -$1.1 billion in 2024, then soared by 97.82% to -$23.6 million in 2025.
- Per Business Quant data, the three most recent Tax Provisions figures were -$23.6 million in Q3 2025, -$1.1 billion in Q3 2024, and -$982.0 million in Q3 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hsbc Holdings | 1,641.64 Bn | 1,642.09 Bn | - | -1.98 Bn |
| 2 | Bank Of America | 423.61 Bn | -183.09 Bn | 29.24 Bn | 1.82 Bn |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | 691.00 Mn |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | 1.29 Bn |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | 386.00 Mn |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | 3.99 Bn |
| 8 | Sumitomo Mitsui Financial | 92.45 Bn | 93.39 Bn | - | -904.18 Mn |
| 9 | Bank of N.T. Butterfield & Son | 2.40 Bn | -454.67 Mn | 152.73 Mn | -1.35 Mn |
| 10 | Westpac Banking | - | - | - | -23.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -23.56 Mn |
| Sep 30, 2024 | -1.08 Bn |
| Sep 30, 2023 | -972.06 Mn |
| Sep 30, 2022 | -935.34 Mn |
| Sep 30, 2021 | -1.05 Bn |
| Mar 31, 2021 | 65.00 Mn |
| Sep 30, 2020 | -700.41 Mn |
| Mar 31, 2020 | -37.00 Mn |
| Sep 30, 2019 | -1.08 Bn |
| Sep 30, 2018 | -1.31 Bn |
| Sep 30, 2017 | -1.79 Bn |
| Sep 30, 2016 | -1.72 Bn |
| Sep 30, 2015 | -1.74 Bn |
| Sep 30, 2013 | -1.47 Bn |
| Sep 30, 2012 | 94.00 Mn |
| Sep 30, 2011 | 11.00 Mn |
| Mar 31, 2011 | 79.00 Mn |
| Sep 30, 2010 | 37.00 Mn |
| Sep 30, 2009 | 100.00 Mn |
| Mar 31, 2009 | 91.00 Mn |