Wells Fargo Cost of Goods Sold 2010-2024 | WFC

Wells Fargo annual/quarterly cost of goods sold history and growth rate from 2010 to 2024. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
  • Wells Fargo cost of goods sold for the quarter ending March 31, 2024 was $10.613B, a 76.3% increase year-over-year.
  • Wells Fargo cost of goods sold for the twelve months ending March 31, 2024 was $37.336B, a 164.16% increase year-over-year.
  • Wells Fargo annual cost of goods sold for 2023 was $32.743B, a 260.84% increase from 2022.
  • Wells Fargo annual cost of goods sold for 2022 was $9.074B, a 131.78% increase from 2021.
  • Wells Fargo annual cost of goods sold for 2021 was $3.915B, a 50.84% decline from 2020.
Wells Fargo Annual Cost of Goods Sold
(Millions of US $)
2023 $32,743
2022 $9,074
2021 $3,915
2020 $7,963
2019 $18,852
2018 $14,652
2017 $9,352
2016 $5,909
2015 $3,976
2014 $4,025
2013 $4,289
2012 $5,161
2011 $6,649
2010 $8,039
2009 $9,950
Wells Fargo Quarterly Cost of Goods Sold
(Millions of US $)
2024-03-31 $10,613
2023-12-31 $10,068
2023-09-30 $8,988
2023-06-30 $7,667
2023-03-31 $6,020
2022-12-31 $4,360
2022-09-30 $2,396
2022-06-30 $1,358
2022-03-31 $960
2021-12-31 $859
2021-09-30 $925
2021-06-30 $893
2021-03-31 $1,238
2020-12-31 $1,195
2020-09-30 $1,432
2020-06-30 $1,921
2020-03-31 $3,415
2019-12-31 $4,395
2019-09-30 $4,874
2019-06-30 $4,891
2019-03-31 $4,692
2018-12-31 $4,277
2018-09-30 $3,792
2018-06-30 $3,474
2018-03-31 $3,109
2017-12-31 $2,645
2017-09-30 $2,595
2017-06-30 $2,223
2017-03-31 $1,889
2016-12-31 $1,656
2016-09-30 $1,535
2016-06-30 $1,413
2016-03-31 $1,305
2015-12-31 $1,055
2015-09-30 $988
2015-06-30 $956
2015-03-31 $977
2014-12-31 $1,003
2014-09-30 $1,023
2014-06-30 $1,002
2014-03-31 $997
2013-12-31 $1,033
2013-09-30 $1,028
2013-06-30 $1,077
2013-03-31 $1,151
2012-12-31 $1,214
2012-09-30 $1,263
2012-06-30 $1,317
2012-03-31 $1,367
2011-12-31 $1,486
2011-09-30 $1,636
2011-06-30 $1,706
2011-03-31 $1,821
2010-12-31 $1,906
2010-09-30 $2,032
2010-06-30 $2,023
2010-03-31 $2,078
2009-12-31 $2,192
2009-09-30 $2,284
2009-06-30 $2,537
2009-03-31 $2,937
Sector Industry Market Cap Revenue
Finance Banks - Major Regional $200.115B $115.340B
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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