GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Westpac Banking Corp (NYSE:WBK) » Definitions » Minority Interest

Westpac Banking (Westpac Banking) Minority Interest : $28.28 Mil (As of Sep. 2023)


View and export this data going back to 1989. Start your Free Trial

What is Westpac Banking Minority Interest?

Minority interest is the carrying amount of the equity interests owned by non-controlling shareholders, partners, or other equity holders in one or more of the entities included in the reporting entity's consolidated financial statements.

Westpac Banking's minority interest for the quarter that ended in Sep. 2023 was $28.28 Mil.


Westpac Banking Minority Interest Historical Data

The historical data trend for Westpac Banking's Minority Interest 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.

* Premium members only.

Westpac Banking Minority Interest Chart

Westpac Banking Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Minority Interest
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.13 36.85 41.67 38.03 28.28

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
Minority Interest Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.67 39.82 38.03 29.37 28.28

Westpac Banking Minority Interest Calculation

Minority interest is the carrying amount of the equity interests owned by non-controlling shareholders, partners, or other equity holders in one or more of the entities included in the reporting entity's consolidated financial statements.


Westpac Banking (Westpac Banking) Business Description

Address
275 Kent Street, Sydney, NSW, AUS, 2000
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.

Westpac Banking (Westpac Banking) Headlines

From GuruFocus