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

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Other sources

Cash from financing

Change in stock

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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.

Shares of Wells Fargo & Co. (WFC) were down almost 4% Friday after the bank warned interest income could fall significantly in 2024 as borrowing costs decline.

Wells Fargo Stock Fell After Beating Earnings Estimates—Here's Why

A 3% drop by lunchtime on Friday should tell you everything you need to know about the market's reaction to Wells Fargo & Company's NYSE: WFC earnings report. While the finer details will need to be examined more closely over the weekend, it's looking for now at least that a headline beat on revenue and EPS wasn't enough.

Wells Fargo's stumble could be the entry you've been waiting for

Bank of America

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Morgan Stanley

As interest rates fall, growing loans is getting more important, but also trickier.

Banks Can't Count on Loans For Growth

Wells Fargo's (WFC) Q4 earnings gain from an increase in fee income and lower expenses. However, worsening credit quality acts as a headwind.

Wells Fargo (WFC) Q4 Earnings Beat on Revenue Hike, Low Costs

While the top- and bottom-line numbers for Wells Fargo (WFC) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Wells Fargo (WFC) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

The country's largest lenders showed signs that a boost from high Federal Reserve interest rates that had allowed them to make more on lending may be fading.

Big U.S. bank profits fall on insurance fund charges, falling lending margins

Wells Fargo & Company (NYSE:WFC) reported fourth-quarter revenue and earnings that came in ahead of expectations as it benefited from the strong economic environment and high interest rates. However, the lender warned that net interest income could fall by 7% to 9% in 2024 as interest rates start to decline.

Wells Fargo reports 4Q earnings beat; warns of lower net interest income

Wells Fargo & Co (NYSE: WFC), on January 12th, reported a 9.0% increase in its fourth-quarter net income on the back of a 17% jump in noninterest income. Why is Wells Fargo stock trending down?

Wells Fargo reports a 9.0% annualised growth in Q4 net income

Shares of Wells Fargo & Co. WFC, -0.08% dropped 1.8% toward a one-month low after the California-based bank reported fourth-quarter profit that just matched expectations and credit-loss provisions climbed, while revenue rose above forecasts. Net income rose to $3.45 billion, or 86 cents a share, from $3.16 billion, or 75 cents a share, in the year-ago period.

Wells Fargo's stock falls as profit only matches expectations and credit-loss provisions jump

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) has released its fourth quarter 2023 financial results. The financial results are available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/ and on a Form 8-K filed by the company with the Securities and Exchange Commission (SEC) on Jan. 12, 2024, and available on the SEC's website at www.sec.gov. Conference call The company will host a live conference call on Friday, Jan. 12, at 10:00 a.m. Ea.

Wells Fargo Reports Fourth Quarter 2023 Financial Results

Wells Fargo's profit jumped in the fourth quarter as the lender benefited from cost cuts.

Wells Fargo fourth-quarter profit jumps on cost cuts

Wells Fargo employees at a branch in Daytona, Florida, voted in favor of joining a union on Thursday, making it the second branch at the bank to do so.

Second Wells Fargo branch employees vote in favor of a union

Delta Air Lines

UnitedHealth Group

We turn our attention to Q4 earnings season, which picks up steam Friday morning before the opening bell.

Q4 Earnings from Wall Street On Deck: JPMorgan, Citi, BofA and Wells Fargo

Every three months, like clockwork, the earnings roll in. And every three months, the big banks usher in the “official” start of earnings season.

Bank Earnings to Offer Insight Into Digital Pivots and Loan Charge-Offs

Core CPI year over year of +3.9% is the first sub-4% print since May 2021.

CPI Warmer than Expected; Jobless Claims Stay Low

iShares U.S. Broker-Dealers & Securities Exchanges ETF

iShares U.S. Financials ETF

iShares US Financial Services ETF

Invesco KBW Bank ETF

Vanguard Financials ETF

Chances of a broad-based earnings beat are low-to-moderate as several stocks are experiencing a negative ESP.

How Will Bank ETFs Perform in Light of Q4 Earnings?

CNBC's Jim Cramer has an eye toward Friday's earnings reports from JPMorgan, Bank of America, Citigroup and Wells Fargo.

What to look for when the major banks report earnings, according to Jim Cramer

PNC Financial Services

The Federal Reserve suggested that interest rates might be slashed in 2024. This should stimulate demand for loans, relieve pressure on borrowers, and encourage investment banking activity.

Here's Why Bank of America, PNC, and Wells Fargo Stock Surged Last Month

KB Home

Among big news on deck this week are CPI and PPI data, Weekly Jobless Claims and the start of Q4 earnings season.

Quiet Before the Economic Data Storm

Four banks broke out ahead of Q4 results. BAC, top bank ETF near buy points.

Banks Near Buy Points Ahead Of Q4 Launch; Wells Fargo Runs Against The Grain

"Our Secret Numbers: Women, Men, and the Taboo Nature of Financial Health" finds 1 in 4 surveyed adults have never shared financial numbers like savings, spending and credit score with anyone Survey reveals 43% of women grapple with financial anxiety, compared to only 29% of men SAN FRANCISCO , Jan. 10, 2024 /PRNewswire/ -- For National Financial Wellness Month, Wells Fargo & Company (NYSE: WFC) and The Female Quotient (The FQ) are releasing the findings from a new research study conducted by The FQ, "Our Secret Numbers: Women, Men, and the Taboo Nature of Financial Health." The research explores taboo topics ranging from age and weight to salary and credit score to spending and financial savings – and how women and men and different age groups approach money and financial health.

New Research from Wells Fargo and The Female Quotient Explores Taboo Topics, Secret Numbers, and Differing Gender and Generations' Relationships to Money

Banks kick off the US fourth-quarter earnings season this week, with JPMorgan Chase & Co (NYSE:JPM), Citigroup Inc (NYSE:C), Wells Fargo & Company (NYSE:WFC) and Bank of America Corp (NYSE:BAC) reporting on Friday. After strong 3Q earnings, bolstered by a confluence of factors including higher interest rates and resilient performance in key business segments, the focus will turn towards the likes of any increase in consumer impairments, shareholder returns, the progress of dealmaking activity and the outlook for the coming quarters, according to Richard Hunter, head of markets at interactive investor.

Big US banks expected to turn in higher revenue, mixed earnings as 4Q reporting season kicks off

U.S. banking giants are expected this week to report lower profits for the fourth quarter after they set money aside to cover souring loans while also paying more to depositors.

US banks' profits to shrink as they brace for souring loans

Deutsche Bank upgraded JPMorgan Chase JPM, -0.15% to buy from hold while downgrading Wells Fargo WFC, to hold from buy, in a note on U.S. banks ahead of results this Friday. Analyst Matthew O'Connor said there are three key themes to 2024 — lower interest rates, which help bank capital but weigh on earnings; credit quality; and the regulatory and political backdrop.

JPMorgan upgraded, Wells Fargo downgraded at Deutsche Bank ahead of earnings results

U.S. banks are expected to dominate corporate bond issuance following several major players' earnings on Friday and early next week, according to bond investors and analysts.

News for Wells Fargo Stock (WFC)