Wells Fargo & Company (WFC) Financial Services Fees (2009 - 2020)
Wells Fargo & Company (WFC) posted Financial Services Fees of $248.0 million for Q3 2020, up 50.3% sequentially from $165.0 million in Q2 2020, and up 71.03% YoY from $145.0 million in Q4 2019.
Wells Fargo & Company (WFC) Financial Services Fees (2009 - 2020) Analysis & Trends
Wells Fargo & Company has reported Financial Services Fees for 12 years, with the latest figure at $248.0 million in Q3 2020.
- Quarterly Financial Services Fees rose 71.03% year-over-year to $248.0 million in Q3 2020, while the trailing twelve-month figure through Sep 2020 was $511.0 million (down 14.98% YoY) and the FY2019 annual result came in at $526.0 million, down 52.61% from the prior year.
- Financial Services Fees grew to $248.0 million in Q3 2020 per WFC's latest filing, from $165.0 million in the prior quarter.
- Over five years, Financial Services Fees peaked at $933.0 million in Q1 2016 and troughed at -$1.6 billion in Q4 2016.
- A 5-year average of $350.3 million and a median of $312.0 million in 2017 frame the typical range for Financial Services Fees.
- The sharpest annual moves came in 2016 and 2017: Financial Services Fees plunged 253.56% in 2016, then jumped 119.54% in 2017.
- Over 5 years, Financial Services Fees stood at -$1.6 billion in 2016, then surged by 119.54% to $312.0 million in 2017, then slumped by 50.96% to $153.0 million in 2018, then tumbled by 113.07% to -$20.0 million in 2019, then surged by 1340.0% to $248.0 million in 2020.
- According to Business Quant data, Financial Services Fees over the past three periods registered $248.0 million, $165.0 million, and $118.0 million for Q3 2020, Q2 2020, and Q1 2020 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 |
|---|---|
| Sep 30, 2020 | 248.00 Mn |
| Jun 30, 2020 | 165.00 Mn |
| Mar 31, 2020 | 118.00 Mn |
| Dec 31, 2019 | -20.00 Mn |
| Sep 30, 2019 | 145.00 Mn |
| Jun 30, 2019 | 144.00 Mn |
| Mar 31, 2019 | 159.00 Mn |
| Dec 31, 2018 | 153.00 Mn |
| Sep 30, 2018 | 336.00 Mn |
| Jun 30, 2018 | 846.00 Mn |
| Mar 31, 2018 | 800.00 Mn |
| Dec 31, 2017 | 312.00 Mn |
| Sep 30, 2017 | 314.00 Mn |
| Jun 30, 2017 | 902.00 Mn |
| Mar 31, 2017 | 865.00 Mn |
| Dec 31, 2016 | -1.60 Bn |
| Sep 30, 2016 | 926.00 Mn |
| Jun 30, 2016 | 906.00 Mn |
| Mar 31, 2016 | 933.00 Mn |
| Dec 31, 2015 | 1.04 Bn |