Wells Fargo & Company (WFC-PZ) Restructuring Costs (2020 - 2022)

Wells Fargo & Company (WFC-PZ) has disclosed Restructuring Costs for 3 consecutive years, with $5.0 million as the latest value for Q1 2022.

  • Quarterly Restructuring Costs fell 61.54% to $5.0 million in Q1 2022 from the year-ago period, while the trailing twelve-month figure was $5.0 million through Dec 2022, down 93.42% year-over-year, with the annual reading at $5.0 million for FY2022, 93.42% down from the prior year.
  • Restructuring Costs hit $5.0 million in Q1 2022 for Wells Fargo & Company, down from $66.0 million in the prior quarter.
  • In the past five years, Restructuring Costs ranged from a high of $781.0 million in Q4 2020 to a low of -$4.0 million in Q2 2021.
  • Historically, Restructuring Costs has averaged $225.7 million across 3 years, with a median of $13.0 million in 2021.
  • Biggest five-year swings in Restructuring Costs: crashed 99.86% in 2021 and later crashed 61.54% in 2022.
  • Year by year, Restructuring Costs stood at $781.0 million in 2020, then tumbled by 91.55% to $66.0 million in 2021, then plummeted by 92.42% to $5.0 million in 2022.
  • Business Quant data shows Restructuring Costs for WFC-PZ at $5.0 million in Q1 2022, $66.0 million in Q4 2021, and $1.0 million in Q3 2021.