Westpac Banking (Westpac Banking) Net Interest Income (for Banks) : $11,999 Mil (As of Sep. 2023)

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What is Westpac Banking Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Westpac Banking's net interest income for the six months ended in Sep. 2023 was $5,915 Mil. Its net interest income for the trailing twelve months (TTM) ended in Sep. 2023 was $11,999 Mil.

Westpac Banking's quarterly net interest income increased from Sep. 2022 ($5,919 Mil) to Mar. 2023 ($6,083 Mil) but then declined from Mar. 2023 ($6,083 Mil) to Sep. 2023 ($5,915 Mil).

Westpac Banking's annual net interest income declined from Sep. 2021 ($12,323 Mil) to Sep. 2022 ($11,448 Mil) but then increased from Sep. 2022 ($11,448 Mil) to Sep. 2023 ($11,772 Mil).

Westpac Banking Net Interest Income (for Banks) Historical Data

The historical data trend for Westpac Banking's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Westpac Banking Net Interest Income (for Banks) Chart

Westpac Banking Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Net Interest Income (for Banks)

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11,524.88

12,063.58

12,323.10

11,448.30

11,771.85

Westpac Banking Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Net Interest Income (for Banks)	Get a 7-Day Free Trial															6,220.76	6,112.09	5,919.28	6,083.45	5,915.17

Westpac Banking Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $11,999 Mil.

Westpac Banking (Westpac Banking) Business Description

Industry

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Address

275 Kent Street, Sydney, NSW, AUS, 2000

Website

https://www.westpac.com.au

Westpac is Australia's oldest bank and financial services group, with a significant franchise in Australia and New Zealand in the consumer, small business, corporate, and institutional sectors, in addition to its major presence in wealth management. Westpac is among a handful of banks around the globe currently retaining very high credit ratings. The bank benefits from a large national branch network and significant market share, particularly in home loans and retail deposits.