Westpac Historical Income Statement
| WBCPM Stock | 106.91 0.29 0.27% |
Historical analysis of Westpac Banking income statement accounts such as Tax Provision of 3 B, Net Interest Income of 19 B, Interest Income of 32 B or Interest Expense of 30.7 B can show how well Westpac Banking performed in making a profits. Evaluating Westpac Banking income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Westpac Banking's future profits or losses.
Westpac Banking Net Income |
|
Westpac |
About Westpac Income Statement Analysis
Westpac Banking Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Westpac Banking shareholders. The income statement also shows Westpac investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Westpac Banking Income Statement Chart
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Revenue
Total revenue comprises all receipts Westpac Banking generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most accounts from Westpac Banking's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Westpac Banking current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westpac Banking. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At present, Westpac Banking's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Reconciled Depreciation is expected to grow to about 1.7 B, whereas Tax Provision is forecasted to decline to about 3 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 17.2B | 18.3B | 21.1B | 19.0B | Tax Provision | 2.8B | 3.1B | 3.6B | 3.0B |
Westpac Banking income statement Correlations
Click cells to compare fundamentals
Westpac Banking Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Other Information on Investing in Westpac Stock
Westpac Banking Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Westpac Banking shareholders. The income statement also shows Westpac investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).