Wells Fargo & Company (WFC) Non Operating Interest Expenses (2009 - 2024)
Wells Fargo & Company's (WFC) quarterly Non Operating Interest Expenses came in at $11.0 billion in Q2 2024, up 42.96% year-over-year from $7.7 billion in Q3 2023, and up 3.28% quarter-over-quarter from $10.6 billion in Q1 2024.
Analysis
Wells Fargo & Company (WFC) Non Operating Interest Expenses (2009 - 2024) Analysis & Trends
Wells Fargo & Company has disclosed Non Operating Interest Expenses across 16 years of filings, most recently posting $11.0 billion for Q2 2024.
- In Q2 2024, Non Operating Interest Expenses rose 42.96% year-over-year to $11.0 billion; the TTM figure through Jun 2024 stood at $40.6 billion (up 98.75% YoY), while the FY2023 annual figure was $32.7 billion, up 260.84% from the prior year.
- Non Operating Interest Expenses came in at $11.0 billion for Q2 2024 at Wells Fargo & Company, up from $10.6 billion in the prior quarter.
- In the past five years, Non Operating Interest Expenses ranged from a high of $11.0 billion in Q2 2024 to a low of $859.0 million in Q4 2021.
- Average Non Operating Interest Expenses over 5 years is $4.2 billion, with a median of $2.2 billion recorded in 2020.
- Year-over-year, Non Operating Interest Expenses slumped 72.81% in 2020 and soared 527.08% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $1.2 billion in 2020, then declined by 28.12% to $859.0 million in 2021, then soared by 407.57% to $4.4 billion in 2022, then soared by 130.92% to $10.1 billion in 2023, then gained by 8.87% to $11.0 billion in 2024.
- Per Business Quant data, the three most recent Non Operating Interest Expenses figures were $11.0 billion in Q2 2024, $10.6 billion in Q1 2024, and $10.1 billion in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | - |
| 2 | Morgan Stanley | 336.59 Bn | 176.45 Bn | - | - |
| 3 | Goldman Sachs | 311.54 Bn | -664.81 Bn | - | - |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | 1.49 Bn |
| 5 | Royal Bank Of Canada | 292.13 Bn | 65.24 Bn | - | 12.80 Bn |
| 6 | Wells Fargo & Company | 277.06 Bn | 73.10 Bn | - | - |
| 7 | American Express | 220.29 Bn | 170.97 Bn | 17.99 Bn | - |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | -34.43 Bn |
| 9 | Toronto Dominion Bank | 208.85 Bn | 47.52 Bn | - | 3.04 Bn |
| 10 | Schwab Charles | 187.12 Bn | 113.53 Bn | - | 293.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 10.96 Bn |
| Mar 31, 2024 | 10.61 Bn |
| Dec 31, 2023 | 10.07 Bn |
| Sep 30, 2023 | 8.99 Bn |
| Jun 30, 2023 | 7.67 Bn |
| Mar 31, 2023 | 6.02 Bn |
| Dec 31, 2022 | 4.36 Bn |
| Sep 30, 2022 | 2.40 Bn |
| Jun 30, 2022 | 1.36 Bn |
| Mar 31, 2022 | 960.00 Mn |
| Dec 31, 2021 | 859.00 Mn |
| Sep 30, 2021 | 925.00 Mn |
| Jun 30, 2021 | 893.00 Mn |
| Mar 31, 2021 | 1.24 Bn |
| Dec 31, 2020 | 1.20 Bn |
| Sep 30, 2020 | 1.43 Bn |
| Jun 30, 2020 | 1.92 Bn |
| Mar 31, 2020 | 3.42 Bn |
| Dec 31, 2019 | 4.40 Bn |
| Sep 30, 2019 | 4.87 Bn |