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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - |
| 10 | American Express | 204.37 Bn | -3.81 Bn | - |
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 |
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_KEY
import 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();