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

Wells Fargo & Company's (WFC-PZ) quarterly Restructuring Costs came in at $5.0 million in Q1 2022, down 61.54% year-on-year from $13.0 million in Q1 2021, and down 92.42% quarter-over-quarter from $66.0 million in Q4 2021.

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

Wells Fargo & Company has disclosed Restructuring Costs across 3 years of filings, most recently posting $5.0 million for Q1 2022.

  • Restructuring Costs for Q1 2022 came in at $5.0 million, down 61.54% year-over-year; the trailing twelve-month figure through Dec 2022 was $5.0 million (down 93.42% YoY), and the FY2022 annual result was $5.0 million, down 93.42% from the prior year.
  • Restructuring Costs came in at $5.0 million for Q1 2022 at 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.
  • The 3-year median for Restructuring Costs is $13.0 million (2021), against an average of $225.7 million.
  • Across the five-year window, Restructuring Costs plunged 99.86% in 2021 and plunged 61.54% in 2022, its largest moves.
  • Wells Fargo & Company's Restructuring Costs stood at $781.0 million in 2020, then tumbled by 91.55% to $66.0 million in 2021, then sank by 92.42% to $5.0 million in 2022.
  • The last three Restructuring Costs figures came in at $5.0 million (Q1 2022), $66.0 million (Q4 2021), and $1.0 million (Q3 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Canadian Imperial Bank Of Commerce 1,386,393,358.39 Bn 1,386,393,358.61 Bn -
2 Hsbc Holdings 37,974.20 Bn 37,974.65 Bn -
3 Royal Bank Of Canada 2,996.75 Bn 2,925.20 Bn -
4 Toronto Dominion Bank 994.93 Bn 988.13 Bn -
5 Bank Of Montreal 413.07 Bn 413.07 Bn -
6 Bank Of America 406.09 Bn -200.61 Bn 29.24 Bn
7 Barclays 379.37 Bn -269.24 Bn -
8 Mitsubishi Ufj Financial 275.02 Bn -411.26 Bn 3.81 Bn
9 Wells Fargo & Company 257.70 Bn 182.63 Bn -
10 Wells Fargo & Company - - -

Historic Data

Download Data
DateValue
Mar 31, 2022 5.00 Mn
Dec 31, 2021 66.00 Mn
Sep 30, 2021 1.00 Mn
Jun 30, 2021 -4.00 Mn
Mar 31, 2021 13.00 Mn
Dec 31, 2020 781.00 Mn
Sep 30, 2020 718.00 Mn