Wells Fargo & Company (WFC) Tax Provisions (2016 - 2025)
Wells Fargo & Company's Tax Provisions history spans 9 years, with the latest figure at $964.0 million for Q1 2024.
- For Q1 2024, Tax Provisions changed 0.21% year-over-year to $964.0 million; the TTM value through Mar 2024 reached $2.6 billion, up 5.42%, while the annual FY2024 figure was $3.4 billion, 30.38% up from the prior year.
- Tax Provisions for Q1 2024 was $964.0 million at Wells Fargo & Company, up from -$100.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $1.7 billion in Q4 2021 and bottomed at -$1.8 billion in Q2 2020.
- The 5-year median for Tax Provisions is $811.0 million (2023), against an average of $493.8 million.
- The largest annual shift saw Tax Provisions skyrocketed 1932.53% in 2021 before it crashed 400.0% in 2023.
- A 5-year view of Tax Provisions shows it stood at -$1.3 billion in 2020, then surged by 234.3% to $1.7 billion in 2021, then tumbled by 101.17% to -$20.0 million in 2022, then plummeted by 400.0% to -$100.0 million in 2023, then soared by 1064.0% to $964.0 million in 2024.
- Per Business Quant, the three most recent readings for WFC's Tax Provisions are $964.0 million (Q1 2024), -$100.0 million (Q4 2023), and $811.0 million (Q3 2023).