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Wells Fargo pre-tax pre-provision profit 2009-2019

Published by F. Norrestad, Nov 9, 2020
This statistic presents the pre-tax pre-provision profit of Wells Fargo from 2009 to 2019. 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 26.89 billion U.S. dollars in Wells Fargo in 2019.

Pre-tax pre-provision profit of Wells Fargo from 2009 to 2019 (in billion U.S. dollars)

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Source

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Release date

February 2020

Region

Worldwide

Survey time period

2009 to 2019

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 2014 has been derived from previous annual reports.

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