Westpac Banking
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Westpac Banking's past years’ income statements indicate that its last revenue has increased compared to the previous period by 6% to $21,020,000,000. The net income raised on $5,458,000,000 and profit margin reached 26%. Total operating expenses were -$7,104,000,000.
Profit Margin
| 2012 | 17.97B | 5.97B | 33.21% |
|---|---|---|---|
| 2013 | 18.63B | 6.81B | 36.57% |
| 2014 | 19.80B | 7.56B | 38.18% |
| 2015 | 20.59B | 8.01B | 38.9% |
| 2016 | 20.95B | 7.44B | 35.53% |
| 2017 | 21.50B | 7.99B | 37.15% |
| 2018 | 22.34B | 8.09B | 36.23% |
| 2019 | 20.63B | 6.78B | 32.88% |
| 2020 | 19.90B | 2.29B | 11.5% |
| 2021 | 21.02B | 5.45B | 25.97% |
WBK Income Statement (2012 – 2021)
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 21.02B | 19.90B | 20.63B | 22.34B | 21.50B | 20.95B | 20.59B | 19.80B | 18.63B | 17.97B |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 21.02B | 19.90B | 20.63B | 22.34B | 21.50B | 20.95B | 20.59B | 19.80B | 18.63B | 0 |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 220M | 217M | 245M | 173M | 155M | 156M | 150M | 159M | 164M | 147M |
Total operating expenses | -7.10B | -5.29B | 5.42B | 5.44B | 4.50B | 6.34B | 8.79B | 9.58B | 11.29B | 0 |
Operating income | 13.91B | 14.61B | 26.05B | 27.79B | 27.22B | 27.30B | 29.38B | 29.38B | 29.93B | 0 |
Other income (expenses), net | -5.41B | -10.34B | -16.30B | -16.06B | -15.70B | -16.65B | -17.97B | -18.64B | -20.07B | 0 |
Income before tax | 8.50B | 4.26B | 9.74B | 11.73B | 11.51B | 10.64B | 11.41B | 10.74B | 9.86B | 8.86B |
Income tax expense | 3.03B | 1.97B | 2.95B | 3.63B | 3.51B | 3.18B | 3.34B | 3.11B | 2.97B | 2.82B |
Net income | 5.45B | 2.29B | 6.78B | 8.09B | 7.99B | 7.44B | 8.01B | 7.56B | 6.81B | 5.97B |
Earnings per share | ||||||||||
Basic EPS | 1.52 | 0.64 | 1.82 | 2.22 | 2.38 | 2.25 | 2.55 | 2.42 | 2.19 | 1.94 |
Diluted EPS | 1.52 | 0.64 | 1.82 | 2.22 | 2.22 | 2.12 | 2.42 | 2.32 | 2.09 | 1.89 |