Westpac Banking (Westpac Banking) Other Noninterest Expense : $2,769 Mil (As of Sep. 2023)

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What is Westpac Banking Other Noninterest Expense?

Westpac Banking's other noninterest expense for the six months ended in Sep. 2023 was $1,476 Mil. Its other noninterest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $2,769 Mil.

Westpac Banking Other Noninterest Expense Historical Data

The historical data trend for Westpac Banking's Other Noninterest Expense 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 Other Noninterest Expense Chart

Westpac Banking Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Other Noninterest Expense

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2,839.13

3,731.21

4,032.90

2,839.23

2,720.44

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
Other Noninterest Expense	Get a 7-Day Free Trial															2,561.40	1,605.46	1,386.93	1,292.39	1,476.22

Westpac Banking Other Noninterest Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For banks, GuruFocus lists Selling, General, & Admin. Expense and Other Noninterest Expense under the Total Noninterest Expense section.

Other Noninterest Expense incurred by banks sometimes includes:
Occupancy
Equipment
Professional fees
Amortization of intangibles
Other (too numerous to list)

Some banks can do choose to report each of these items separately. Yet, there are a variety of other noninterest expense which are simply too numerous to list.

Other Noninterest Expense 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 $2,769 Mil.

Westpac Banking (Westpac Banking) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Westpac Banking Corp (NYSE:WBK) » Definitions » Other Noninterest Expense

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Traded in Other Exchanges

WEBNF:USA WBC:New Zealand WBC:Germany WBCPL.PFD:Australia WBCPK.PFD:Australia WBCPJ.PFD:Australia WBCPI.PFD:Australia WBCPH.PFD:Australia WBCPG.PFD:Australia WBCPF.PFD:Australia WBC:Australia

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.