Westpac Banking Corp

Common Name

Westpac Banking

Country

Australia

Sector

Financial Services

Industry

Banks - Diversified

Employees

33,583

Ticker

WBC

Exchange

ASX

Website

www.westpac.com.au

Description

Westpac Banking Corporation is one of Australia's leading financial institutions, providing an array of banking and financial services. Established in 1817, it stands as one of the country's 'Big Four... Show more

Financial Statements of Westpac Banking

Below are the financial statements of Westpac Banking, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of AUD	2024	2023	2022
Interest income:	—	—	—
Calculated using the effective interest method	52,739^a	42,515^a	22,981^a
Other	1,608^a	1,237^a	270^a
Total interest income	54,347^a	43,752^a	23,251^a
Interest expense	-35,594^a	-25,435^a	-6,090^a
Net interest income	18,753^a	18,317^a	17,161^a
Non-interest income	—	—	—
Net fees	1,672^a	1,645^a	1,671^a
Net wealth management and insurance	441^a	562^a	808^a
Trading	704^a	717^a	664^a
Other	18^a	404^a	-698^a
Total non-interest income	2,835^a	3,328^a	2,445^a
Net operating income	21,588^a	21,645^a	19,606^a
Operating expenses	-10,944^a	-10,692^a	-10,802^a
Impairment (charges)/benefits	-537^a	-648^a	-335^a
Profit before income tax expense	10,107^a	10,305^a	8,469^a
Income tax expense	-3,117^a	-3,104^a	-2,770^a
Profit after income tax expense	6,990^a	7,201^a	5,699^a
Net profit attributable to non-controlling interests (NCI)	0^a	-6^a	-5^a
Net profit attributable to owners of Westpac Banking Corporation (WBC)	6,990^a	7,195^a	5,694^a

Verified Sources Behind Westpac Banking’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Westpac Banking’s data sources below and access millions more through our Disclosure Search.

a. Westpac Banking's Annual Report 2024

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Westpac Banking Corp

Financial Statements of Westpac Banking

Verified Sources Behind Westpac Banking’s Financial Fundamentals Data

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