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.

Citigroup

JPMorgan Chase & Co

At a time when the S&P 500 index is at or near its record level, the Finance sector's discounted valuation has to be one of the most attractive investment spots in the market. Next Friday, the big banks will really get the earnings cycle going.

Making the Case for Bank Stocks

JPMorgan Chase & Co., Wells Fargo & Co. and Citigroup Inc. have all drawn downward revisions to their first-quarter profit estimates from Wall Street analysts as they prepare to update investors with their latest results in a week.

JPMorgan, Wells Fargo, Citi first-quarter profit expected to be flat as interest rates rise and loan activity lags

Wells Fargo stock, along with Citigroup and JPMorgan, continue to show strength and support ahead of their Q1 earnings reports.

Top Stocks JPMorgan, Citigroup, Wells Fargo Set To Kick Off Q1 Earnings Season

Wells Fargo (WFC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Wells Fargo (WFC) Q1 Earnings Expected to Decline

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC), as previously announced, will report its first quarter 2024 earnings results on Friday, April 12, 2024, 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 website.

Wells Fargo to Announce First Quarter 2024 Earnings on April 12, 2024

The March-quarter reporting cycle will really get going once the big banks release their results on April 12th. But early results have already started trickling in, with 18 S&P 500 members already posting quarterly results.

Bank Earnings Loom: What to Expect

In the latest trading session, Wells Fargo (WFC) closed at $57.13, marking a -0.38% move from the previous day.

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

JPMorgan Chase & Co. and Wells Fargo & Co. both ranked as top picks on Tuesday among the seven large-bank stocks covered by Goldman Sachs analysts.

Wells Fargo, JPMorgan named top picks by Goldman Sachs for potential first-quarter upside surprise

CME Group

Home Depot

Northern Trust

Reddit Inc

Every cycle brings new opportunities; now that the Federal Reserve (the Fed) is looking to cut interest rates in 2024, the market could be getting ready to shift in a new direction. Banking stocks could be the first to move, as they are tied to the financial pulse of the economy.

Low Interest Rates Can Help These Commercial Banks Rally Higher

Wells Fargo's stock (NYSE: WFC) has gained 18% YTD as compared to the 10% rise in the S&P500 index over the same period. Further, at its current price of $58 per share, the stock is trading 3% above its fair value of $56 – Trefis' estimate for Wells Fargo's valuation.

Wells Fargo Stock Delivered More Than 50% Return Over The Last Twelve Months, What's Next?

Investors remain bullish on bank stocks in Q1 on the back of rate cut expectations, decent lending and robust economic growth. Thus, major banks - Citigroup (C), Wells Fargo (WFC) and JPMorgan (JPM) - outperform the S&P 500 index.

3 S&P 500 Bank Stocks That Outperformed the Index in Q1

Wells Fargo has taken its share of hits over the years. It has paid out more than $11 billion to compensate customers for various harms they suffered at the bank's hands. The bank's reputation leads some to be wary of it.

Wells Fargo's 6.2% Preferreds: An Oasis In The Desert

In the latest trading session, Wells Fargo (WFC) closed at $57.61, marking a +1.64% move from the previous day.

Wells Fargo (WFC) Outperforms Broader Market: What You Need to Know

Wells Fargo & Co.'s stock WFC has rallied by 15.2% so far in 2024, with tailwinds from its efforts to reign in expenses, its stock buybacks and management of its balance sheet.

Wells Fargo's rally sparks KBW downgrade after it outpaces other bank stocks

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) announced today its expected earnings release dates and conference call information for the first, second, third and fourth quarters of 2025. For each of the earnings dates below, financial results will be released at approximately 7 a.m. Eastern time, and the live conference call will be at 10 a.m. Eastern time. Confirmation of these calls, as well as details on how to listen, will be provided before the scheduled release da.

Wells Fargo Announces 2025 Earnings Release Date Information

The latest trading day saw Wells Fargo (WFC) settling at $57.30, representing a +0.51% change from its previous close.

Wells Fargo (WFC) Rises Yet Lags Behind Market: Some Facts Worth Knowing

Wells Fargo's (WFC) cost-saving measures like branch closures and headcount reduction will help offset falling revenue trends due to business divestitures and volatile fee income.

Cost Control Aids Wells Fargo (WFC) Amid Declining Revenues

Citi has downgraded Wells Fargo & Co. to neutral from buy after a quick gain in its stock price this year relative to its expected performance.

Wells Fargo's stock has reached a fair price after runup, analyst says

Bank of America

Goldman Sachs

Jefferies Financial Group Inc

Morgan Stanley

Oppenheimer concludes there is a 25% upside, on average, for big banks like Bank of America or Citigroup.

Bank Stocks Are Hurting. Lower Rates Will Give Them a Lift Later This Year.

In the latest trading session, Wells Fargo (WFC) closed at $57.61, marking a +0.91% move from the previous day.

Wells Fargo (WFC) Advances But Underperforms Market: Key Facts

The FDIC-Insured banks' (like JPM, BAC, C & WFC) Q4 earnings are hurt by rising funding costs, an increase in non-interest expenses and poor asset quality. Yet, higher rates, changing revenue mix and decent loan demand offer some support.

FDIC-Insured Banks' Q4 Earnings Down on Non-Recurring Charge

Wells Fargo stock has returned over 30% in less than 5 months, outperforming the S&P 500. But the bull run has likely more room to go.

Wells Fargo: This Bull Run May Only Have Started

The U.S. banking sector saw its profits drop by nearly half in the last quarter of 2024, as large firms began paying hefty fees to help recoup costs incurred by several bank failures last spring, the Federal Deposit Insurance Corporation reported Thursday.

U.S. bank profits drop 44% in Q4 as big firms cover failed bank costs

Richer rewards, new transfer partners and access to exclusive concert experiences create a card to challenge the category SAN FRANCISCO , March 6, 2024 /PRNewswire/ -- Wells Fargo & Company (NYSE: WFC) announced today a new addition to the celebrated Autograph rewards card suite: Wells Fargo Autograph Journey℠ Visa® Card. Autograph Journey is designed for frequent travelers and complements Wells Fargo's other consumer credit cards offering customers real, transparent value no matter what they're looking for in their card.

Wells Fargo to Launch Autograph Journey(SM) Card Designed for Frequent Travelers

Johnson & Johnson

Sumitomo Mitsui Financial Group

Exxon Mobil

Investing in known dividend stocks means potentially reaping a generous passive income in dividends regularly. What are dividend stocks?

News for Wells Fargo Stock (WFC)