Wells Fargo & Company (WFC-PC) Depreciation Expense (2009 - 2025)

Wells Fargo & Company recorded quarterly Depreciation Expense of $1.3 billion in Q2 2025, up 5.23% quarter-over-quarter from $1.2 billion in Q1 2025, and up 16.37% year-over-year from $1.1 billion in Q2 2024.

Wells Fargo & Company's Depreciation Expense history runs 17 years deep, the most recent figure standing at $1.3 billion for Q2 2025.

  • In Q2 2025, Depreciation Expense rose 16.37% year-over-year to $1.3 billion; the TTM figure through Jun 2025 stood at $4.9 billion (up 17.2% YoY), while the FY2024 annual figure was $4.6 billion, up 16.91% from the prior year.
  • Depreciation Expense came in at $1.3 billion for Q2 2025 at Wells Fargo & Company, up from $1.2 billion in the prior quarter.
  • In the past five years, Depreciation Expense ranged from a high of $1.3 billion in Q2 2025 to a low of $741.0 million in Q3 2021.
  • A 5-year average of $978.6 million and a median of $934.5 million in 2023 frame the typical range for Depreciation Expense.
  • Across the five-year window, Depreciation Expense retreated 6.32% in 2021 and increased 22.18% in 2023, its largest moves.
  • Wells Fargo & Company's Depreciation Expense stood at $827.0 million in 2021, then grew by 9.07% to $902.0 million in 2022, then grew by 19.29% to $1.1 billion in 2023, then gained by 19.14% to $1.3 billion in 2024, then rose by 0.39% to $1.3 billion in 2025.
  • According to Business Quant data, Depreciation Expense over the past three periods registered $1.3 billion, $1.2 billion, and $1.3 billion for Q2 2025, Q1 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation (Qtr)
1 Canadian Imperial Bank Of Commerce 1,282,929,665.61 Bn 1,282,929,665.82 Bn - -
2 Toronto Dominion Bank 928.05 Bn 749.34 Bn - -
3 Hsbc Holdings 799.80 Bn 799.80 Bn - -
4 Barclays 460.27 Bn 460.27 Bn - -
5 Bank Of America 373.62 Bn -233.08 Bn 29.24 Bn -
6 Bank Of Montreal 316.89 Bn 316.89 Bn - -
7 Wells Fargo & Company 238.28 Bn 163.21 Bn - -
8 Citigroup 235.82 Bn -1,949.18 Bn 19.85 Bn -
9 Bank of New York Mellon 94.86 Bn 37.94 Bn - -
10 Wells Fargo & Company - - - -

Historic Data

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DateValue
Jun 30, 2025 1.29 Bn
Mar 31, 2025 1.22 Bn
Dec 31, 2024 1.28 Bn
Sep 30, 2024 1.14 Bn
Jun 30, 2024 1.11 Bn
Mar 31, 2024 1.05 Bn
Dec 31, 2023 1.08 Bn
Sep 30, 2023 975.00 Mn
Jun 30, 2023 947.00 Mn
Mar 31, 2023 922.00 Mn
Dec 31, 2022 902.00 Mn
Sep 30, 2022 798.00 Mn
Jun 30, 2022 799.00 Mn
Mar 31, 2022 876.00 Mn
Dec 31, 2021 827.00 Mn
Sep 30, 2021 741.00 Mn
Jun 30, 2021 815.00 Mn
Mar 31, 2021 844.00 Mn
Dec 31, 2020 838.00 Mn
Sep 30, 2020 791.00 Mn
Jun 30, 2020 672.00 Mn
Mar 31, 2020 798.00 Mn
Dec 31, 2019 936.00 Mn
Sep 30, 2019 821.00 Mn
Jun 30, 2019 641.00 Mn
Mar 31, 2019 661.00 Mn
Dec 31, 2018 1.10 Bn
Sep 30, 2018 634.00 Mn
Jun 30, 2018 550.00 Mn
Mar 31, 2018 617.00 Mn
Dec 31, 2017 608.00 Mn
Sep 30, 2017 523.00 Mn
Jun 30, 2017 529.00 Mn
Mar 31, 2017 577.00 Mn
Dec 31, 2016 642.00 Mn
Sep 30, 2016 491.00 Mn
Jun 30, 2016 493.00 Mn
Mar 31, 2016 528.00 Mn
Dec 31, 2015 640.00 Mn
Sep 30, 2015 459.00 Mn
Jun 30, 2015 470.00 Mn
Mar 31, 2015 494.00 Mn
Dec 31, 2014 581.00 Mn
Sep 30, 2014 457.00 Mn
Jun 30, 2014 445.00 Mn
Mar 31, 2014 490.00 Mn
Dec 31, 2013 567.00 Mn
Sep 30, 2013 471.00 Mn
Jun 30, 2013 418.00 Mn
Mar 31, 2013 528.00 Mn
Dec 31, 2012 542.00 Mn
Sep 30, 2012 510.00 Mn
Jun 30, 2012 459.00 Mn
Mar 31, 2012 557.00 Mn
Dec 31, 2011 607.00 Mn
Sep 30, 2011 516.00 Mn
Jun 30, 2011 528.00 Mn
Mar 31, 2011 632.00 Mn
Dec 31, 2010 813.00 Mn
Sep 30, 2010 557.00 Mn
Jun 30, 2010 588.00 Mn
Mar 31, 2010 678.00 Mn
Dec 31, 2009 681.00 Mn
Sep 30, 2009 563.00 Mn
Jun 30, 2009 575.00 Mn
Mar 31, 2009 687.00 Mn