Wells Fargo & Company (WFC) Amortization - Intangibles (2010 - 2020)
Wells Fargo & Company (WFC) reported Amortization - Intangibles of $22 million for Q2 2020, down 18.5% from $27 million a year earlier and down 4.3% from the prior quarter.
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Analysis
Wells Fargo & Company (WFC) Amortization - Intangibles (2010 - 2020) Analysis & Trends
Over the twelve months ended Jun 30, 2020, Wells Fargo & Company's Amortization - Intangibles came in at $98 million, down 83.2% year-over-year; for FY2019, it was $108 million, down 89.8% from FY2018.
- Amortization - Intangibles has declined for ten consecutive years, with a five-year compound annual growth rate of -39.8% (FY2014 to FY2019).
- By year, Amortization - Intangibles came in at $1.06 billion in FY2018 (-8.2%), $1.15 billion in FY2017 (-3.4%), $1.19 billion in FY2016 (-4.3%) and $1.25 billion in FY2015 (-9.1%).
- The Q2 2020 figure ranks as the lowest quarterly Amortization - Intangibles in data going back to Q1 2010.
- Year over year, Amortization - Intangibles has now declined in each of the last 38 quarters, with an average decline of 51.5% over the last eight quarters.
- Over the past five years, the year-over-year decline in Amortization - Intangibles ranged from 1.4% (Q1 2017) to 90.2% (Q4 2019).
- Per Business Quant data, the three quarters before Q2 2020 came in at $23 million (Q1 2020), $26 million (Q4 2019) and $27 million (Q3 2019).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - |
| 10 | American Express | 210.06 Bn | 9.55 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2020 | 22.00 Mn |
| Mar 31, 2020 | 23.00 Mn |
| Dec 31, 2019 | 26.00 Mn |
| Sep 30, 2019 | 27.00 Mn |
| Jun 30, 2019 | 27.00 Mn |
| Mar 31, 2019 | 28.00 Mn |
| Dec 31, 2018 | 264.00 Mn |
| Sep 30, 2018 | 264.00 Mn |
| Jun 30, 2018 | 265.00 Mn |
| Mar 31, 2018 | 265.00 Mn |
| Dec 31, 2017 | 288.00 Mn |
| Sep 30, 2017 | 288.00 Mn |
| Jun 30, 2017 | 287.00 Mn |
| Mar 31, 2017 | 289.00 Mn |
| Dec 31, 2016 | 301.00 Mn |
| Sep 30, 2016 | 299.00 Mn |
| Jun 30, 2016 | 299.00 Mn |
| Mar 31, 2016 | 293.00 Mn |
| Dec 31, 2015 | 311.00 Mn |
| Sep 30, 2015 | 311.00 Mn |
API Access
Wells Fargo & Company Amortization - Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=amortization-intangibles&ticker=WFC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "amortization-intangibles", "ticker": "WFC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=amortization-intangibles&ticker=WFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();