Wells Fargo & Company (WFC) Restructuring Costs (2020 - 2022)

Wells Fargo & Company has disclosed Restructuring Costs across 3 years of filings, most recently posting $5.0 million for Q1 2022.

• Restructuring Costs for Q1 2022 came in at $5.0 million, down 61.54% year-over-year; the trailing twelve-month figure through Dec 2022 was $5.0 million (down 93.42% YoY), and the FY2022 annual result was $5.0 million, down 93.42% from the prior year.
• Restructuring Costs came in at $5.0 million for Q1 2022 at Wells Fargo & Company, down from $66.0 million in the prior quarter.
• In the past five years, Restructuring Costs ranged from a high of $781.0 million in Q4 2020 to a low of -$4.0 million in Q2 2021.
• The 3-year median for Restructuring Costs is $13.0 million (2021), against an average of $225.7 million.
• Across the five-year window, Restructuring Costs plunged 99.86% in 2021 and plunged 61.54% in 2022, its largest moves.
• Wells Fargo & Company's Restructuring Costs stood at $781.0 million in 2020, then tumbled by 91.55% to $66.0 million in 2021, then sank by 92.42% to $5.0 million in 2022.
• The last three Restructuring Costs figures came in at $5.0 million (Q1 2022), $66.0 million (Q4 2021), and $1.0 million (Q3 2021), per Business Quant data.