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Westpac Banking (Westpac Banking) Other Income (Expense) : $-3 Mil (TTM As of Sep. 2023)


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What is Westpac Banking Other Income (Expense)?

Westpac Banking's other income expense for the Westpac Banking's pretax income for the six months ended in Sep. 2023 was $-1 Mil. Its other income expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-3 Mil.


Westpac Banking Other Income (Expense) Historical Data

The historical data trend for Westpac Banking's Other Income (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 Income (Expense) Chart

Westpac Banking Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Other Income (Expense)
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.68 -16.62 -4.39 -4.00 -3.21

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 Income (Expense) 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 -2.19 -2.21 -2.00 -2.00 -1.29

Westpac Banking Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (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 $-3 Mil.

* 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.


Westpac Banking  (NYSE:WBK) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.


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

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