Wells Fargo & Company (WFC) Amortization - Intangibles (2010 - 2020)
Wells Fargo & Company (WFC) posted Amortization - Intangibles of $22.0 million for Q2 2020, down 4.35% sequentially from $23.0 million in Q1 2020, and down 18.52% YoY from $27.0 million in Q3 2019.
Wells Fargo & Company (WFC) Amortization - Intangibles (2010 - 2020) Analysis & Trends
Wells Fargo & Company has reported Amortization - Intangibles for 11 years, with the latest figure at $22.0 million in Q2 2020.
- Quarterly Amortization - Intangibles fell 18.52% year-over-year to $22.0 million in Q2 2020, while the trailing twelve-month figure through Jun 2020 was $98.0 million (down 83.19% YoY) and the FY2019 annual result came in at $108.0 million, down 89.79% from the prior year.
- Amortization - Intangibles slipped to $22.0 million in Q2 2020 per WFC's latest filing, from $23.0 million in the prior quarter.
- Over five years, Amortization - Intangibles peaked at $301.0 million in Q4 2016 and troughed at $22.0 million in Q2 2020.
- A 5-year average of $197.5 million and a median of $265.0 million in 2018 frame the typical range for Amortization - Intangibles.
- The sharpest annual moves came in 2017 and 2019: Amortization - Intangibles retreated 1.37% in 2017, then sank 90.15% in 2019.
- Over 5 years, Amortization - Intangibles stood at $301.0 million in 2016, then slipped by 4.32% to $288.0 million in 2017, then fell by 8.33% to $264.0 million in 2018, then tumbled by 90.15% to $26.0 million in 2019, then decreased by 15.38% to $22.0 million in 2020.
- According to Business Quant data, Amortization - Intangibles over the past three periods registered $22.0 million, $23.0 million, and $26.0 million for Q2 2020, Q1 2020, and Q4 2019 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bank Of America | 441.62 Bn | -146.87 Bn | 30.39 Bn |
| 2 | Hsbc Holdings | 357.01 Bn | 357.01 Bn | - |
| 3 | Royal Bank Of Canada | 286.58 Bn | 87.66 Bn | - |
| 4 | Wells Fargo & Company | 254.86 Bn | 50.89 Bn | - |
| 5 | Mitsubishi Ufj Financial | 251.70 Bn | -141.92 Bn | 10.89 Bn |
| 6 | Citigroup | 223.37 Bn | -2,078.94 Bn | 24.75 Bn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - |
| 8 | Toronto Dominion Bank | 194.48 Bn | 19.99 Bn | - |
| 9 | UBS Group AG | 167.76 Bn | -47.95 Bn | - |
| 10 | Bank of New York Mellon | 108.83 Bn | 47.61 Bn | - |
Historic Data
Download 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 |