Wells Fargo & Company (WFC) Depreciation Expense (2009 - 2025)

Wells Fargo & Company's (WFC) quarterly Depreciation Expense came in at $1.3 billion in Q2 2025, up 16.37% year-on-year from $1.1 billion in Q2 2024, and up 5.23% quarter-over-quarter from $1.2 billion in Q1 2025.

Wells Fargo & Company (WFC) Depreciation Expense (2009 - 2025) Analysis & Trends

Wells Fargo & Company has disclosed Depreciation Expense across 17 years of filings, most recently posting $1.3 billion for Q2 2025.

  • Depreciation Expense for Q2 2025 came in at $1.3 billion, up 16.37% year-over-year; the trailing twelve-month figure through Jun 2025 was $4.9 billion (up 17.2% YoY), and the FY2024 annual result was $4.6 billion, up 16.91% from the prior year.
  • Depreciation Expense came in at $1.3 billion for Q2 2025 at Wells Fargo & Company, up from $1.2 billion in the prior quarter.
  • In the past five years, Depreciation Expense ranged from a high of $1.3 billion in Q2 2025 to a low of $741.0 million in Q3 2021.
  • The 5-year median for Depreciation Expense is $934.5 million (2023), against an average of $978.6 million.
  • Across the five-year window, Depreciation Expense fell 6.32% in 2021 and grew 22.18% in 2023, its largest moves.
  • Wells Fargo & Company's Depreciation Expense stood at $827.0 million in 2021, then climbed by 9.07% to $902.0 million in 2022, then climbed by 19.29% to $1.1 billion in 2023, then rose by 19.14% to $1.3 billion in 2024, then increased by 0.39% to $1.3 billion in 2025.
  • The last three Depreciation Expense figures came in at $1.3 billion (Q2 2025), $1.2 billion (Q1 2025), and $1.3 billion (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation (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 - 524.57 Mn
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 Citigroup 256.35 Bn -1,928.65 Bn 19.85 Bn -

Historic Data

Download Data
DateValue
Jun 30, 2025 1.29 Bn
Mar 31, 2025 1.22 Bn
Dec 31, 2024 1.28 Bn
Sep 30, 2024 1.14 Bn
Jun 30, 2024 1.11 Bn
Mar 31, 2024 1.05 Bn
Dec 31, 2023 1.08 Bn
Sep 30, 2023 975.00 Mn
Jun 30, 2023 947.00 Mn
Mar 31, 2023 922.00 Mn
Dec 31, 2022 902.00 Mn
Sep 30, 2022 798.00 Mn
Jun 30, 2022 799.00 Mn
Mar 31, 2022 876.00 Mn
Dec 31, 2021 827.00 Mn
Sep 30, 2021 741.00 Mn
Jun 30, 2021 815.00 Mn
Mar 31, 2021 844.00 Mn
Dec 31, 2020 838.00 Mn
Sep 30, 2020 791.00 Mn