Revenue segments as reported by the company.

Interest income

Noninterest income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Interest expense

Provision for Credit Losses

Salaries

Technology and equipment

Other

Net occupancy

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Wells Fargo

Wells Fargo & Co. is a diversified, community-based financial services company. It is engaged in the provision of banking, insurance, investments, mortgage products and services, and consumer and commercial finance. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. The Consumer Banking and Lending segment offers consumer and small business banking, home lending, credit cards, auto, and personal lending. The Commercial Banking segment offers banking and credit products across multiple industry sectors and municipalities, secured lending and lease products, and treasury management. The Corporate and Investment Banking segment offers 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. The Wealth & Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, trust and fiduciary products and services to affluent, high-net worth and ultra-high-net worth clients. The company was founded by Henry Wells and William G. Fargo on March 18, 1852 and is headquartered in San Francisco, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Wells Fargo reports Q4 progress amidst challenges, eyes growth opportunities

Wells Fargo's Q4 2022 earnings call highlighted progress in key areas despite challenges. The company is focused on enhancing customer experience, digital transformation, and operational efficiency while navigating economic uncertainties. Opportunities for growth in various business segments are being pursued strategically.

Wells Fargo reports strong Q1 earnings, focuses on credit risk

Wells Fargo's Q1 2023 earnings call highlighted strong financial performance, improvements in consumer banking, and credit risk management focus. Challenges included increasing loan charge-offs and declining deposits, particularly in commercial real estate. Opportunities exist in enhancing expense efficiency, NII stability, and capital optimization strategies.

Wells Fargo reports strong Q2 results amidst regulatory challenges

Wells Fargo's Q2 2023 results showcased improved financial metrics despite challenges like increased net charge-offs and regulatory pressures. The company's focus on risk management, strategic hires, and community initiatives present opportunities for growth and resilience. Uncertainties around Basel III impacts and NII outlook require careful navigation.

Wells Fargo reports revenue growth and strategic initiatives in Q3

Wells Fargo's Q3 performance showed revenue growth and improved profitability, despite challenges.
The company is strategically positioned to capitalize on partnerships and growth in fee-based businesses.
Efforts to enhance risk controls and community service reflect a commitment to long-term sustainability.
Adjustments in consumer lending and capital flexibility provide avenues for future growth and stability.

Wells Fargo reports strong 2023 performance but faces NII challenges

Wells Fargo's 2023 performance showcased growth in revenue and net income, but challenges lie ahead with anticipated NII declines and credit quality issues. The company's strategic focus on risk management, product innovation, and racial equity initiatives positions it for future growth amidst economic uncertainties.

Wells Fargo reports stable Q1 earnings amidst growth opportunities

Wells Fargo's Q1 2024 performance reflects stability in profitability, strong capital position, and improved credit quality, underpinned by diversified revenue streams and strategic investments.
Challenges include uncertainties in client behavior prediction, potential rate cuts impact, and difficulty in stabilizing deposit costs, while opportunities lie in revenue diversification and talent enhancement.
The bank's proactive approach to addressing challenges and leveraging opportunities positions it for future growth and operational efficiency, focusing on long-term profitability and reputation building.
Investors should monitor Wells Fargo's progress in stabilizing net interest income, navigating potential rate cuts, and driving loan growth to assess its resilience and growth prospects in a dynamic market environment.

Wells Fargo reports solid Q2 earnings, focuses on growth strategies

Wells Fargo's Q2 2024 earnings call highlighted strong fee-based revenue growth offsetting challenges in net interest income.
The bank's focus on efficiency, risk control enhancement, and shareholder value creation positions it for sustainable growth.
While facing challenges in noninterest income and credit quality, Wells Fargo's strategic initiatives and solid capital position offer opportunities for future growth.
Investments in AI, sustained fee momentum, and margin expansion strategies underscore the bank's commitment to long-term success.

Wells Fargo reports robust Q3 earnings, eyes growth opportunities

Wells Fargo's Q3 performance reflects resilience and progress in its strategic priorities amidst revenue challenges and expense management.
The bank's strong capital position and focus on core businesses position it well for growth opportunities and navigating economic trends.
While facing challenges in commercial loan demand and net interest income, Wells Fargo's transformation efforts aim to drive improved returns.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Wells Fargo & Co. is a diversified and community-based financial services company, which engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance products and services. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. The Consumer Banking and Lending segment offers consumer and small business banking, home lending, credit cards, auto, and personal lending. The Commercial Banking segment provides banking and credit products across industry sectors and municipalities, secured lending and lease products, and treasury management. The Corporate and Investment Banking segment is composed of corporate banking, investment banking, treasury management, commercial real estate lending and servicing, and equity and fixed income solutions, as well as sales, trading, and research capabilities. The Wealth and Investment Management segment refers to personalized wealth management, brokerage, financial planning, lending, private banking, trust, and fiduciary products and services. The company was founded by Henry Wells and William G. Fargo on March 18, 1852 and is headquartered in San Francisco, CA.

Bank of America

Citigroup

PNC Financial Services

We have covered Jim Cramer for almost 20 years here at 24/7 Wall St.

Jim Cramer Positive on Top Blue Chip Bank Dividend Stocks: Buy These 4 Right Now Before Earnings

Goldman Sachs

JPMorgan Chase & Co

With a full week of 2025 trading under our belts investors will have something more to chew on when big banks begin reporting for Q4 2024 later this week. Unlike prior years, the Q4 season begins on an unusual day this year.

Bank Stocks Q4 Earnings Preview: More Growth On The Way?

Morgan Stanley

America's biggest banks apparently have Donald Trump to thank for a successful quarter. Banking giants are set to report $31 billion in profits for the last three months of last year, fueled by a surge in trading and dealmaking following the U.S. presidential election, the Financial Times (FT) reported Monday (Jan. 13).

America's 6 Biggest Banks to Report $31 Billion in Profits

Q4 profit updates on tap amid as bullish sentiment remains after a strong 2024.

JPMorgan, Citi, Wells Fargo and Goldman results may boost banks stocks further

U.S. banks will probably report stronger earnings this week, fueled by robust dealmaking and trading in the fourth quarter.

US bank profits likely boosted by higher deal fees, trading

Cisco Systems

Chevron

Mid-America Apartment Communities

Sempra Energy

Investors love dividend stocks, especially the blue-chip variety, because they offer a significant income stream and have massive total return potential.

BofA Securities Says No Rate Cuts in 2025 – 5 Blue Chip Dividend Stocks Are Top Picks This Year

Major banks like JPMorgan, Wells Fargo, and Citigroup report earnings this week. December CPI and PPI reports are pivotal, with potential Fed implications; inflation remains a significant concern amid economic policy shifts.

Wall Street Brunch: All Aboard The Earnings Train

Taiwan Semiconductor Manufacturing

UnitedHealth Group

This week, investors can look forward to earnings from several big banks, with JPMorgan Chase (JPM), Goldman Sachs (GS), Bank of America (BAC), Wells Fargo (WFC), and more set to report. Results from large firms in the tech and health care sectors, including Taiwan Semiconductor Manufacturing Company (TSM) and UnitedHealth Group (UNH), could also attract investor attention.

What To Expect in the Markets This Week

JPMorgan JPM shares are down a little over -3% since their late-November highs, marginally better than the Zacks Finance sector but lagging the broader market that is essentially flat over the same period. Since the November elections, however, JPMorgan shares are up close to +2%, while the S&P 500 index is modestly in the negative.

Can Bank Stocks Sustain Recent Momentum?

Blackstone Group

Jefferies Financial Group Inc

A hotter-than-expected December jobs report sent the Dow Jones Industrial Average tumbling by more than 600 points (1.5%) on Friday morning as U.S. Treasury yields continued to rise and inflation concerns took center stage. Most sectors struggled, including financials.

Financial Stocks Wells Fargo, Jefferies, and Blackstone Are Falling After a Hot Jobs Report

Besides Wall Street's top -and-bottom-line estimates for Wells Fargo (WFC), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.

Wall Street's Insights Into Key Metrics Ahead of Wells Fargo (WFC) Q4 Earnings

WFC is set to release Q4 earnings on Jan. 15. Let's explore the factors impacting its performance and whether it's worth betting on now.

How Should Investors Play Wells Fargo Stock Ahead of Q4 Earnings?

Wells Fargo has reportedly hired the former head of JPMorgan Chase's branded credit card business, Ed Olebe, to lead its own credit card business.

Report: JPMorgan Veteran Ed Olebe to Lead Wells Fargo's Credit Card Business

In the latest trading session, Wells Fargo (WFC) closed at $71.57, marking a -0.03% move from the previous day.

Wells Fargo (WFC) Stock Drops Despite Market Gains: Important Facts to Note

Growth in credit cards has been a focus for CEO Charlie Scharf.

Wells Fargo Taps JPMorgan Executive to Lead Its Credit-Card Business

Wall Street banks have quit the global industry's net zero target-setting group in droves ahead of president-elect Donald Trump's return to the White House. JPMorgan Chase & Co (NYSE:JPM, ETR:CMC) became the latest to exit the UN-sponsored net zero banking alliance (NZBA) earlier this week.

Wall Street banks turn back on net zero group before Trump's return

Wells Fargo & Company's strong earnings, robust balance sheet, and strategic focus on credit cards and technology drive positive outlook and expected 4Q 2024 performance. Anticipated removal of the asset cap and collaboration with Volkswagen will enhance operational efficiency and profitability, supporting future growth. Despite challenges in commercial real estate and interest rate volatility, Wells Fargo's solid fundamentals and capital position provide resilience.

Wells Fargo: More Good Earnings To Come

WFC's progress to Fix Compliance Problems, expense management efforts and a solid balance sheet position make it an attractive pick now.

Here's Why You Should Add Wells Fargo Stock to Your Portfolio Now

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC), as previously announced, will report its fourth quarter 2024 earnings results on Wednesday, Jan. 15, 2025, at approximately 7:00 a.m. Eastern time. The results will be available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/. In addition to being available on the company's Investor Relations website, the earnings results also will be available on the Securities and Exchange Commission websi.

Wells Fargo to Announce Fourth Quarter 2024 Earnings on Jan. 15, 2025

Exodus from target-setting group is attempt to head off ‘anti-woke' attacks from rightwing politicians, say analysts

Six big US banks quit net zero alliance before Trump inauguration

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Wall Street Bulls Look Optimistic About Wells Fargo (WFC): Should You Buy?

The stock market was having a generally strong day to start the week, with the S&P 500 up by about 0.6% as of 2:45 p.m. EST. However, the financial sector was performing significantly better, especially when it comes to the big banks.

Here's Why Wells Fargo Stock Climbed on Monday

Barr was leading the effort to raise capital requirements for banks.

Why bank stocks care that Michael Barr is stepping down as top Fed banking cop

AdvanSix

WFC, CPCAY and ASIX made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 6, 2024.

Best Income Stocks to Buy for January 6th

The first earnings season of the New Year will get underway on January 10th, with the big banks reporting results for the last quarter of 2024.

News for Wells Fargo Stock (WFC)