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WELLS FARGO & COMPANY/MN Interest Expense 2007-2024 | WFC

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What is interest expense?

Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.

What is WELLS FARGO & COMPANY/MN's current interest expense?

WELLS FARGO & COMPANY/MN (WFC) annual interest expense for 2023 was $32.74B, a 260.84% increase from 2022. WELLS FARGO & COMPANY/MN interest expense for the quarter ending June 30, 2024 was $10.96B.

What was WELLS FARGO & COMPANY/MN's interest expense in 2022?

WELLS FARGO & COMPANY/MN annual interest expense for 2022 was $9.07B, a 131.78% increase from 2021.

What was WELLS FARGO & COMPANY/MN's interest expense in 2021?

WELLS FARGO & COMPANY/MN annual interest expense for 2021 was $3.92B, a 50.84% decline from 2020.

What is WELLS FARGO & COMPANY/MN's 5-year interest expense CAGR?

WELLS FARGO & COMPANY/MN interest expense grew at a compound annual growth rate (CAGR) of 17.45% from FY2018 to FY2023, going from $14.65B to $32.74B over 5 years.

Interest Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Growing
CAGR+17.4%
FY2018
$14.65B
→
FY2023
$32.74B
0708091011121314151617181920212223
5 years selected
Interest Expense History
PeriodValueChangeSource
FY2023$32.74B+260.8%10-K
FY2022$9.07B+131.8%10-K
FY2021$3.92B-50.8%10-K
FY2020$7.96B-57.8%10-K
FY2019$18.85B+28.7%10-K
FY2018$14.65B+56.7%10-K
FY2017$9.35B+58.3%10-K
FY2016$5.91B+48.6%10-K
FY2015$3.98B-1.2%10-K
FY2014$4.03B-6.2%10-K
FY2013$4.29B-16.9%10-K
FY2012$5.16B-22.4%10-K
FY2011$6.65B-17.3%10-K
FY2010$8.04B-19.2%10-K
FY2009$9.95B+2.0%10-K
FY2008$9.76B-31.3%10-K
FY2007$14.20B-10-K
Company: WELLS FARGO & COMPANY/MNTicker: WFCSector: Financial ServicesIndustry: National Commercial BanksView company profile →