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

Wells Fargo & Company (WFC) has 3 years of Restructuring Costs data on file, last reported at $5.0 million in Q1 2022.

• Quarterly Restructuring Costs fell 61.54% year-over-year to $5.0 million in Q1 2022, while the trailing twelve-month figure through Dec 2022 was $5.0 million (down 93.42% YoY) and the FY2022 annual result came in at $5.0 million, down 93.42% from the prior year.
• Restructuring Costs retreated to $5.0 million in Q1 2022 per WFC's latest filing, from $66.0 million in the prior quarter.
• The five-year high for Restructuring Costs was $781.0 million in Q4 2020, with the low at -$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 slumped 99.86% in 2021 and slumped 61.54% in 2022.
• Wells Fargo & Company's Restructuring Costs stood at $781.0 million in 2020, then plunged by 91.55% to $66.0 million in 2021, then slumped by 92.42% to $5.0 million in 2022.
• Business Quant data shows WFC's Restructuring Costs at $5.0 million in Q1 2022, $66.0 million in Q4 2021, and $1.0 million in Q3 2021.