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Wells Fargo pre-tax pre-provision profit 2009-2020

Published by F. Norrestad, May 26, 2021
The pre-tax pre-provision profit of Wells Fargo decreased considerably between 2009 and 2020. The pre-tax pre-provision profit, a figure allowing assess the company’s ability to generate capital to cover credit losses through a credit cycle, amounted to approximately 14.7 billion U.S. dollars in Wells Fargo in 2020.

Pre-tax pre-provision profit of Wells Fargo from 2009 to 2020 (in billion U.S. dollars)

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Source

Use Ask Statista Research Service

Release date

April 2021

Region

Worldwide

Survey time period

2009 to 2020

Supplementary notes

Pre-tax pre-provision profit (PTPP) is total revenue less noninterest expense.
The source adds the following information: "Management believes that PTPP is a useful financial measure because it enables investors and others to assess the Company’s ability to generate capital to cover credit losses through a credit cycle".
Figures have been rounded.
Data prior to year 2019 has been derived from previous annual reports.

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