Wells Fargo & Company (WFC) Net Interest Income After Provisions (2009 - 2020)
Wells Fargo & Company (WFC) reported Net Interest Income After Provisions of $8.6 billion for Q3 2020, down 21.3% from $10.93 billion a year earlier.
Wells Fargo & Company (WFC) Net Interest Income After Provisions (2009 - 2020) Analysis & Trends
Over the twelve months ended Sep 30, 2020, Wells Fargo & Company's Net Interest Income After Provisions came in at $26.81 billion, down 41.9% year-over-year; for FY2019, it was $44.54 billion, down 7.7% from FY2018.
- Net Interest Income After Provisions has a five-year compound annual growth rate of 1.1% (FY2014 to FY2019).
- By year, Net Interest Income After Provisions came in at $48.25 billion in FY2018 (+2.6%), $47.03 billion in FY2017 (+6.9%), $43.98 billion in FY2016 (+2.6%) and $42.86 billion in FY2015 (+1.7%).
- Five-year quarterly Net Interest Income After Provisions spans a low of $346 million in Q2 2020 and a high of $12.12 billion in Q4 2018.
- Year over year, Net Interest Income After Provisions has now declined in each of the last seven quarters, with an average decline of 22.7% over the last eight quarters.
- The high point for year-over-year Net Interest Income After Provisions in five years was Q2 2017 (growth of 11.8%); the low point was Q2 2020 (a decline of 97.0%).
- Per Business Quant data, the three quarters before Q3 2020 came in at $346 million (Q2 2020), $7.31 billion (Q1 2020) and $10.56 billion (Q4 2019).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NII After Provisions (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 920.14 Bn | 897.90 Bn | - | 24.29 Bn |
| 2 | Banco Santander Chile | 407.42 Bn | -7,109.68 Bn | - | - |
| 3 | Bank Of America | 353.20 Bn | -2,022.91 Bn | - | - |
| 4 | Hsbc Holdings | 307.88 Bn | -2,967.28 Bn | - | - |
| 5 | Morgan Stanley | 298.41 Bn | -244.41 Bn | - | - |
| 6 | Royal Bank Of Canada | 283.46 Bn | -546.54 Bn | - | - |
| 7 | Goldman Sachs | 264.45 Bn | -3,478.99 Bn | - | - |
| 8 | Mitsubishi Ufj Financial | 259.19 Bn | -159.36 Bn | 5.24 Bn | - |
| 9 | Wells Fargo & Company | 258.28 Bn | 93.72 Bn | - | - |
| 10 | American Express | 215.12 Bn | 14.60 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2020 | 8.60 Bn |
| Jun 30, 2020 | 346.00 Mn |
| Mar 31, 2020 | 7.31 Bn |
| Dec 31, 2019 | 10.56 Bn |
| Sep 30, 2019 | 10.93 Bn |
| Jun 30, 2019 | 11.59 Bn |
| Mar 31, 2019 | 11.47 Bn |
| Dec 31, 2018 | 12.12 Bn |
| Sep 30, 2018 | 11.99 Bn |
| Jun 30, 2018 | 12.09 Bn |
| Mar 31, 2018 | 12.05 Bn |
| Dec 31, 2017 | 11.66 Bn |
| Sep 30, 2017 | 11.73 Bn |
| Jun 30, 2017 | 11.92 Bn |
| Mar 31, 2017 | 11.72 Bn |
| Dec 31, 2016 | 11.60 Bn |
| Sep 30, 2016 | 11.15 Bn |
| Jun 30, 2016 | 10.66 Bn |
| Mar 31, 2016 | 10.58 Bn |
| Dec 31, 2015 | 10.76 Bn |
Wells Fargo & Company Net Interest Income After Provisions 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=net-interest-income-after-provisions&ticker=WFC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-interest-income-after-provisions", "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=net-interest-income-after-provisions&ticker=WFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();