Westpac Banking (WEBNF) Times Interest Earned (2009 - 2024)
Westpac Banking (WEBNF) reported Times Interest Earned of $0.61 for Q3 2024, up 183.63% on a YoY basis from $0.21 in Q4 2023, and up 183.63% quarter-over-quarter from -$0.72 in Q3 2023.
Westpac Banking (WEBNF) Times Interest Earned (2009 - 2024) Analysis & Trends
Westpac Banking has reported Times Interest Earned for 16 years, with the latest figure at $0.61 in Q3 2024.
- For the quarter ending Q3 2024, Times Interest Earned rose 183.63% year-over-year to $0.61; the trailing twelve-month figure through Sep 2024 stood at $8.5 (up 842.77% YoY), and the FY2025 full-year result was $1.28, up 314.79% from the prior year.
- Times Interest Earned for Q3 2024 stood at $0.61, up from -$0.72 in the prior quarter.
- The five-year high for Times Interest Earned was $2.66 in Q1 2020, with the low at -$2.25 in Q3 2022.
- Historically, Times Interest Earned has averaged -$0.25 across 5 years, with a median of -$0.47 in 2021.
- Annual changes were most pronounced in 2022 — Times Interest Earned plunged 374.15% — and 2024, when it surged 183.63%.
- Westpac Banking's Times Interest Earned stood at $0.55 in 2020, then slumped by 185.52% to -$0.47 in 2021, then sank by 374.15% to -$2.25 in 2022, then jumped by 67.8% to -$0.72 in 2023, then surged by 183.63% to $0.61 in 2024.
- The last three Times Interest Earned figures came in at $0.61 (Q3 2024), -$0.72 (Q3 2023), and -$2.25 (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,329,940,501.22 Bn | 1,329,940,501.43 Bn | - | 1.45 |
| 2 | Hsbc Holdings | 37,228.00 Bn | 37,228.45 Bn | - | - |
| 3 | Royal Bank Of Canada | 2,913.28 Bn | 2,841.72 Bn | - | 1.42 |
| 4 | Toronto Dominion Bank | 959.65 Bn | 952.85 Bn | - | - |
| 5 | Bank Of Montreal | 416.15 Bn | 416.15 Bn | - | 1.35 |
| 6 | Bank Of America | 390.60 Bn | -216.10 Bn | 29.24 Bn | 0.61 |
| 7 | Barclays | 379.37 Bn | -269.24 Bn | - | - |
| 8 | Mitsubishi Ufj Financial | 271.88 Bn | -414.40 Bn | 3.81 Bn | - |
| 9 | Wells Fargo & Company | 252.38 Bn | 177.30 Bn | - | 1.58 |
| 10 | Westpac Banking | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 0.61 |
| Sep 30, 2023 | -0.72 |
| Sep 30, 2022 | -2.25 |
| Sep 30, 2021 | -0.47 |
| Mar 31, 2021 | -2.11 |
| Sep 30, 2020 | 0.55 |
| Mar 31, 2020 | 2.66 |
| Sep 30, 2019 | 0.32 |
| Sep 30, 2018 | 0.31 |
| Sep 30, 2017 | 0.26 |
| Sep 30, 2016 | -1.30 |
| Sep 30, 2015 | 0.27 |
| Sep 30, 2014 | 0.42 |
| Sep 30, 2013 | -0.99 |
| Sep 30, 2012 | -4.71 |
| Mar 31, 2012 | -15.44 |
| Sep 30, 2011 | 1.35 |
| Mar 31, 2011 | -1,943.00 |
| Sep 30, 2010 | 2.68 |
| Sep 30, 2009 | 2.21 |