Wells Fargo Operating Expenses 2010-2024 | WFC
Wells Fargo annual/quarterly operating expenses history and growth rate from 2010 to 2024. Operating expenses can be defined as the sum of all operating expenses for the given industry.
- Wells Fargo operating expenses for the quarter ending September 30, 2024 were $25.440B, a 9.19% increase year-over-year.
- Wells Fargo operating expenses for the twelve months ending September 30, 2024 were $103.955B, a 18.03% increase year-over-year.
- Wells Fargo annual operating expenses for 2023 were $93.704B, a 38.18% increase from 2022.
- Wells Fargo annual operating expenses for 2022 were $67.813B, a 26.71% increase from 2021.
- Wells Fargo annual operating expenses for 2021 were $53.518B, a 31.58% decline from 2020.
Wells Fargo Annual Operating Expenses
(Millions of US $) |
| 2023 |
$93,704 |
| 2022 |
$67,813 |
| 2021 |
$53,518 |
| 2020 |
$78,223 |
| 2019 |
$79,717 |
| 2018 |
$72,522 |
| 2017 |
$70,364 |
| 2016 |
$62,056 |
| 2015 |
$56,392 |
| 2014 |
$54,457 |
| 2013 |
$55,440 |
| 2012 |
$62,776 |
| 2011 |
$63,941 |
| 2010 |
$74,248 |
| 2009 |
$80,638 |
Wells Fargo Quarterly Operating Expenses
(Millions of US $) |
| 2024-09-30 |
$25,440 |
| 2024-06-30 |
$25,490 |
| 2024-03-31 |
$25,889 |
| 2023-12-31 |
$27,136 |
| 2023-09-30 |
$23,298 |
| 2023-06-30 |
$22,367 |
| 2023-03-31 |
$20,903 |
| 2022-12-31 |
$21,508 |
| 2022-09-30 |
$17,486 |
| 2022-06-30 |
$14,800 |
| 2022-03-31 |
$14,019 |
| 2021-12-31 |
$13,542 |
| 2021-09-30 |
$12,832 |
| 2021-06-30 |
$12,978 |
| 2021-03-31 |
$14,166 |
| 2020-12-31 |
$15,037 |
| 2020-09-30 |
$16,712 |
| 2020-06-30 |
$26,006 |
| 2020-03-31 |
$20,468 |
| 2019-12-31 |
$21,011 |
| 2019-09-30 |
$20,768 |
| 2019-06-30 |
$18,843 |
| 2019-03-31 |
$19,453 |
| 2018-12-31 |
$19,888 |
| 2018-09-30 |
$18,135 |
| 2018-06-30 |
$17,908 |
| 2018-03-31 |
$18,342 |
| 2017-12-31 |
$20,096 |
| 2017-09-30 |
$17,663 |
| 2017-06-30 |
$16,319 |
| 2017-03-31 |
$16,286 |
| 2016-12-31 |
$15,676 |
| 2016-09-30 |
$15,608 |
| 2016-06-30 |
$15,353 |
| 2016-03-31 |
$15,419 |
| 2015-12-31 |
$14,485 |
| 2015-09-30 |
$14,090 |
| 2015-06-30 |
$13,725 |
| 2015-03-31 |
$14,092 |
| 2014-12-31 |
$14,135 |
| 2014-09-30 |
$13,639 |
| 2014-06-30 |
$13,413 |
| 2014-03-31 |
$13,270 |
| 2013-12-31 |
$13,481 |
| 2013-09-30 |
$13,205 |
| 2013-06-30 |
$13,984 |
| 2013-03-31 |
$14,770 |
| 2012-12-31 |
$15,941 |
| 2012-09-30 |
$14,966 |
| 2012-06-30 |
$15,514 |
| 2012-03-31 |
$16,355 |
| 2011-12-31 |
$16,034 |
| 2011-09-30 |
$15,124 |
| 2011-06-30 |
$16,019 |
| 2011-03-31 |
$16,764 |
| 2010-12-31 |
$18,235 |
| 2010-09-30 |
$17,730 |
| 2010-06-30 |
$18,758 |
| 2010-03-31 |
$19,525 |
| 2009-12-31 |
$20,926 |
| 2009-09-30 |
$20,079 |
| 2009-06-30 |
$20,320 |
| 2009-03-31 |
$19,313 |
| Sector |
Industry |
Market Cap |
Revenue |
| Finance |
Finance - Investment Banks |
$233.697B |
$115.340B |
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Wells Fargo & Company is one of the largest financial services companies in the U.S. The company provides banking, insurance, trust and investments, mortgage banking, investment banking, retail banking, brokerage services and consumer and commercial finance through more than 4,700 retail bank branches, broad automated telling machines (ATMs) network, the Internet and other distribution channels globally. It has 4 segments. Consumer Banking and Lending offers products and services like checking and savings accounts, credit and debit cards, as well as home, auto, personal and small business lending to consumers and small businesses. Commercial Banking provides banking and credit products across industries, and treasury management. Corporate and Investment Banking delivers services related to capital markets, banking and financial products. Wealth and Investment Management provides personalized wealth management, brokerage, financial planning, lending, private banking, trust and fiduciary products and services.
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