Westpac Banking Corporation
Westpac Banking Corporation (WBK) Financial Performance & Income Statement Overview
Review Westpac Banking Corporation (WBK) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
Westpac Banking Corporation (WBK) Income Statement & Financial Overview
View the income breakdown for Westpac Banking Corporation WBK across both annual and quarterly reports.
| Metric | Q4 2024 | Q2 2024 | Q3 2020 | Q1 2020 |
|---|---|---|---|---|
| Revenue | $10.82B | $10.23B | $4.32B | $0.00 |
| Cost of Revenue | -$18.53B | -$46.09B | $0.00 | $0.00 |
| Gross Profit | $29.35B | $56.32B | $4.32B | $0.00 |
| Gross Profit Ratio | $2.71 | $5.51 | $1.00 | $0.00 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $4.70B | $4.69B | $2.72B | $0.00 |
| Operating Expenses | $2.35B | $4.69B | $2.72B | $1.69B |
| Total Costs & Expenses | $4.77B | $4.69B | $2.72B | $1.69B |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $4.52B | $7.95B | $0.00 | $0.00 |
| Depreciation & Amortization | $735.00M | -$5.36B | $219.50M | $47300.00 |
| EBITDA | $6.009B | -$533.00M | $1.26B | $1.69B |
| EBITDA Ratio | $0.56 | -$0.05 | $0.29 | $0.00 |
| Operating Income | $5.32B | $5.54B | $1.59B | $1.69B |
| Operating Income Ratio | $0.49 | $0.54 | $0.37 | $0.00 |
| Other Income/Expenses (Net) | -$45.00M | -$707.00M | -$554.50M | $498.00M |
| Income Before Tax | $5.27B | $4.83B | $1.04B | $2.19B |
| Income Before Tax Ratio | $0.49 | $0.47 | $0.24 | $0.00 |
| Income Tax Expense | $1.63B | $1.49B | $490.00M | $497.00M |
| Net Income | $3.64B | $3.34B | $550.00M | $1.19B |
| Net Income Ratio | $0.34 | $0.33 | $0.13 | $0.00 |
| EPS | $1.13 | $0.92 | $0.15 | $0.32 |
| Diluted EPS | $1.00 | $0.86 | $0.15 | $0.32 |
| Weighted Avg Shares Outstanding | $3.44B | $3.65B | $3.70B | $3.70B |
| Weighted Avg Shares Outstanding (Diluted) | $3.88B | $3.90B | $3.70B | $3.70B |
Over the past four quarters, Westpac Banking Corporation demonstrated steady revenue growth, increasing from $0.00 in Q1 2020 to $10.82B in Q4 2024. Operating income reached $5.32B in Q4 2024, maintaining a consistent 49% margin over recent quarters. Despite fluctuations in R&D and SG&A expenses, EBITDA remained robust at $6.009B, reflecting operational efficiency. Net income rose to $3.64B, with EPS at $1.13. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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