Wells Fargo (LIM:WFC) Allowance For Loans And Lease Losses : $-14,330 Mil (As of Sep. 2024)

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What is Wells Fargo Allowance For Loans And Lease Losses?

Wells Fargo's Allowance For Loans And Lease Losses for the quarter that ended in Sep. 2024 was $-14,330 Mil.

Wells Fargo's quarterly Allowance For Loans And Lease Losses increased from Mar. 2024 ($-14,421 Mil) to Jun. 2024 ($-14,360 Mil) and increased from Jun. 2024 ($-14,360 Mil) to Sep. 2024 ($-14,330 Mil).

Wells Fargo's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-12,490 Mil) to Dec. 2022 ($-12,985 Mil) and declined from Dec. 2022 ($-12,985 Mil) to Dec. 2023 ($-14,606 Mil).

Wells Fargo Allowance For Loans And Lease Losses Historical Data

The historical data trend for Wells Fargo's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Wells Fargo Allowance For Loans And Lease Losses Chart

Wells Fargo Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Allowance For Loans And Lease Losses

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-18,516.00

-12,490.00

-12,985.00

-14,606.00

-14,183.00

Wells Fargo Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-14,606.00	-14,421.00	-14,360.00	-14,330.00	-14,183.00

Wells Fargo Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Wells Fargo Allowance For Loans And Lease Losses Related Terms

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Wells Fargo Business Description

Industry

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Address

420 Montgomery Street, San Francisco, CA, USA, 94104

Website

https://www.wellsfargo.com

Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.