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.

• In Q1 2022, Restructuring Costs fell 61.54% year-over-year to $5.0 million; the TTM figure through Dec 2022 stood at $5.0 million (down 93.42% YoY), while the FY2022 annual figure 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.
• Average Restructuring Costs over 3 years is $225.7 million, with a median of $13.0 million recorded in 2021.
• Year-over-year, Restructuring Costs tumbled 99.86% in 2021 and tumbled 61.54% in 2022.
• Over 3 years, Restructuring Costs stood at $781.0 million in 2020, then sank by 91.55% to $66.0 million in 2021, then tumbled by 92.42% to $5.0 million in 2022.
• Per Business Quant data, the three most recent Restructuring Costs figures were $5.0 million in Q1 2022, $66.0 million in Q4 2021, and $1.0 million in Q3 2021.