WFC - NYSE
Wells Fargo & Company
$78.69
-0.94%Wells Fargo & Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. It operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The Consumer Banking and Lending segment offers diversified financial products and services for consumers and small businesses. Its financial products and services include checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services. The Commercial Banking segment provides financial solutions to private, family owned, and certain public companies. Its products and services include banking and credit products across various industry sectors and municipalities, secured lending and lease products, and treasury management services. The Corporate and Investment Banking segment offers a suite of capital markets, banking, and financial products and services to corporate, commercial real estate, government, and institutional clients. Its products and services comprise corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity, and fixed income solutions, as well as sales, trading, and research capabilities services. The Wealth and Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, and trust and fiduciary products and services to affluent, high-net worth, and ultra-high-net worth clients. It also operates through financial advisors. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.
At a Glance
Live SnapshotWells Fargo & Company Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Healthy operating margins demonstrate effective cost control and strong business fundamentals.
Net Profit Margin
Strong net margins indicate efficient operations and favorable tax/interest management.
Effective Tax Rate
Moderate tax rate typical for most corporations. Represents standard tax burden on profits.
Profitability Insight
Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.
Wells Fargo & Company Income Statement
WFC • NYSE
| Wells Fargo & Company Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
123.5B | 125.4B | 115.3B | 83.4B | 83.1B | 82.2B | 105.7B | 101.1B | 97.7B | 94.2B | 87.8B | 86B | 86.6B | 89.8B | 86.1B | 92.5B | 98.5B | 52.4B | 52.9B | 47.2B | |
GROSS PROFIT | ||||||||||||||||||||
(43.5B) | (47.4B) | (38.1B) | (10.6B) | -240M | (22.1B) | (21.5B) | (16.4B) | (11.9B) | (9.7B) | (6.4B) | (5.4B) | (6.6B) | (12.4B) | (14.5B) | (23.8B) | (31.6B) | (25.7B) | (19.1B) | (14.5B) | |
80B | 78B | 77.2B | 72.8B | 83.3B | 60.1B | 84.1B | 84.7B | 85.9B | 84.5B | 81.4B | 80.6B | 80B | 77.4B | 71.6B | 68.7B | 66.8B | 26.7B | 33.7B | 32.7B | |
OPERATING INCOME | ||||||||||||||||||||
(54.8B) | (54.6B) | (55.6B) | (57.2B) | (53.8B) | (57.6B) | (58.2B) | (56.1B) | (58.5B) | (52.4B) | (47.7B) | (46.7B) | (47.4B) | (48.9B) | (47.9B) | (49.7B) | (48.8B) | (23.4B) | (21.9B) | (20.1B) | |
(40.5B) | (37.2B) | (37.3B) | (35.6B) | (36.1B) | (35.4B) | (36.2B) | (33.9B) | (36.6B) | (33.1B) | (31.7B) | (30.9B) | (31.1B) | (30.2B) | (28.9B) | (28.4B) | (28.3B) | (13.1B) | (13.4B) | (11.9B) | |
25.2B | 23.4B | 21.6B | 15.6B | 29.6B | 2.5B | 26B | 28.5B | 27.4B | 32.1B | 33.6B | 33.9B | 32.6B | 28.5B | 23.7B | 19B | 18B | 3.3B | 11.8B | 12.7B | |
PRE-TAX INCOME | ||||||||||||||||||||
(39.8B) | (43.1B) | (32.7B) | (9.1B) | (3.9B) | (8B) | (18.9B) | (14.7B) | (9.4B) | (5.9B) | (4B) | (4B) | (4.3B) | (5.2B) | (6.6B) | (8B) | (10B) | (9.8B) | (14.2B) | (12.3B) | |
47.5B | 47.7B | 52.4B | 45B | 35.8B | 40B | 47.3B | 50B | 49.6B | 47.8B | 45.3B | 43.5B | 42.8B | 43.2B | 42.8B | 44.8B | 46.3B | 25.1B | 21B | 20B | |
(14.3B) | (17.4B) | (18.2B) | (21.6B) | (17.6B) | (22.2B) | (22B) | (22.2B) | (21.9B) | (19.3B) | (16.1B) | (15.8B) | (16.3B) | (18.8B) | (19B) | (21.3B) | (20.5B) | (10.3B) | (8.5B) | (8.2B) | |
25.2B | 23.4B | 21.6B | 15.6B | 29.6B | 2.5B | 26B | 28.5B | 27.4B | 32.1B | 33.6B | 33.9B | 32.6B | 28.5B | 23.7B | 19B | 18B | 3.3B | 11.8B | 12.7B | |
NET INCOME | ||||||||||||||||||||
(3.8B) | (3.4B) | (2.6B) | (2.3B) | (5.8B) | -1.2B | (5.8B) | (5.7B) | (4.9B) | (10.1B) | (10.4B) | (10.3B) | (10.4B) | (9.1B) | (7.4B) | (6.3B) | (5.3B) | (602M) | (3.6B) | (4.2B) | |
21.3B | 19.7B | 19.1B | 13.7B | 22.1B | 3.4B | 19.7B | 22.4B | 22.2B | 21.9B | 22.9B | 23.1B | 21.9B | 18.9B | 15.9B | 12.4B | 12.3B | 2.7B | 8.1B | 8.4B |
SEC Filings
WFC - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 20, 2026 | May 20, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 30, 2026 | April 28, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | April 29, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 14, 2026 | April 14, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 18, 2026 | March 16, 2026 | 2026 | |
DEF 14A DEF 14A 2025 N/A | March 18, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 17, 2026 | March 17, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 25, 2026 | February 25, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 24, 2026 | December 31, 2025 | 2025 | |
S-3/A S-3/A (Amended) N/A | February 13, 2026 | February 13, 2026 |
Related Guides
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Research Paths
Snapshot
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Value Model
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Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
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Dividends
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Analyst Expectations
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