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Westpac Banking (NZSE:WBC) Pre-Tax Income : NZ$11,120 Mil (TTM As of Sep. 2023)


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What is Westpac Banking Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Westpac Banking's pretax income for the six months ended in Sep. 2023 was NZ$5,071 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2023 was NZ$11,120 Mil. Westpac Banking's pretax margin was 43.97%.

During the past 13 years, Westpac Banking's highest Pretax Margin was 55.43%. The lowest was 21.47%. And the median was 49.64%.


Westpac Banking Pre-Tax Income Historical Data

The historical data trend for Westpac Banking's Pre-Tax Income 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 Pre-Tax Income Chart

Westpac Banking Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,473.36 4,623.56 8,811.71 9,548.11 11,165.96

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
Pre-Tax Income 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 3,565.73 5,065.94 4,228.95 6,049.32 5,071.00

Competitive Comparison of Westpac Banking's Pre-Tax Income

For the Banks - Diversified subindustry, Westpac Banking's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Westpac Banking's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Westpac Banking's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Westpac Banking's Pre-Tax Income falls into.



Westpac Banking Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Westpac Banking's Pretax Income for the fiscal year that ended in Sep. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+11165.958
=11,166

Westpac Banking's Pretax Income for the quarter that ended in Sep. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+5071.003
=5,071

Pre-Tax Income 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 NZ$11,120 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  (NZSE:WBC) Pre-Tax Income Explanation

Westpac Banking's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=5071.003/11533.28
=43.97%

During the past 13 years, Westpac Banking's highest Pretax Margin was 55.43%. The lowest was 21.47%. And the median was 49.64%.

* 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 Pre-Tax Income Related Terms

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Westpac Banking (NZSE:WBC) 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.