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

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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.

Wells Fargo employees at its Albuquerque, New Mexico branch voted to join a union on Wednesday, while some of the other bank employees at the bank's branch in Bethel, Alaska withdrew from the unionization effort.

Some Wells Fargo employees vote in favor of unionization; others reject

Four branches of the bank in New Mexico, Alaska, California and Florida have filed for union elections since November

‘We're not backing down': Wells Fargo workers push to grow union campaign

Disney

Energy Transfer LP Unit

Altria

Realty Income Corp

AT&T

Exxon Mobil

Unlocking the secrets to long-term financial prosperity lies in strategic investments and the art of dividend stock selection. In the dividend income context, this article delves into seven cornerstone passive income stocks across diverse sectors.

Dividend Goldmine: 7 Essential Stocks to Buy for Sustained Passive Wealth

Shrewsberry brings 22 years of experience helping lead Wells Fargo through decades of growth SAN FRANCISCO , Dec. 18, 2023 /PRNewswire/ -- GoodLeap, LLC, America's leading digital marketplace for sustainable solutions, today announced it has hired John Shrewsberry as Chief Financial Officer. In his capacity as CFO, Shrewsberry will oversee Financial Planning, Accounting, Capital Markets, Investor Relations, Human Resources, Legal, and Compliance.

GoodLeap Hires John Shrewsberry as Chief Financial Officer

Wells Fargo (WFC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Strength Seen in Wells Fargo (WFC): Can Its 5.8% Jump Turn into More Strength?

WASHINGTON , Dec. 14, 2023 /PRNewswire/ -- UnidosUS—the nation's largest Latino civil rights and advocacy organization and Wells Fargo are launching a program to promote Bank On nationally certified accounts, transaction accounts that offer low or no fees, no overdraft charges, and other accessible features. The nonprofit Cities for Financial Empowerment Fund (CFE Fund), who leads the national Bank On movement, also will partner as a program advisor and implementing partner.

UnidosUS and Wells Fargo Launch Awareness Program to Reach Unbanked Latinos

Bank of America

Citigroup

Goldman Sachs

JPMorgan Chase & Co

SPDR S&P Bank ETF

SPDR S&P Regional Banking ETF

Morgan Stanley

Shares in U.S. banks were rallying strongly on Thursday after the Federal Reserve signaled potential interest rate cuts in 2024 with the sector returning to its highest level since early March just before a crisis that put some banks out of business.

Bank stocks rally to pre-crisis levels after Fed meeting

Fifth Third Bancorp

SoFi Technologies

Bank stocks are up today and investors wonder why have come to the right place! The reason that bank stocks are up on Thursday has to do with an update from the Federal Reserve.

Why Are Bank Stocks Up Today?

LendingTree

Upstart Holdings

Throughout 2023, the financial sector and its financial stocks continued to perform relatively well. Specifically, the sector provided 4.6% returns from financial stocks within the S&P 500.

3 Financial Stocks That Are About to Get Absolutely Crushed

Alibaba

BYD Co Ltd

Costco

Daily Journal

U.S. Bancorp

Shortly before he died last month, Charlie Munger told CNBC, “My game in life was always to avoid all standard ways of failing

In Memory of a Legend: 7 Stocks That Charlie Munger Loved

SoFi is consistently increasing its membership base and cross-selling products. While this has been good for revenue growth, hefty investments in marketing and product development have taken a toll on profitability.

Here's 1 Cathie Wood Fintech Stock to Buy Hand Over Fist in December

Wells Fargo & Company (NYSE:WFC) found itself in hot water with the Consumer Financial Protection Bureau last year during an investigation into potentially improper use of loan discounts, according to a report by CNBC.  The probe concerned a practice called price discrimination, which bankers use to offer discounts on mortgages to get deals done.

Wells Fargo flagged by consumer protection agency for inequitable use of price discrimination

Wells Fargo, until recently the biggest player in U.S. mortgages, has repeatedly felt regulators' wrath over missteps involving home loans.

Regulators caught Wells Fargo, other banks in probe over mortgage pricing discrimination

Apple

Blackrock Inc

Comcast

Coca-Cola

McDonald's

Microsoft

PepsiCo

Restaurant Brands

Toronto-Dominion Bank

UnitedHealth Group

Visa

Dividend growth companies can act like the engine of your investment portfolio, ensuring that you raise your annual dividend income at an attractive growth rate. In today's article, I will introduce you to 10 dividend growth companies that are worth consider investing in during this month of December for various reasons. The selected picks have not only shown strong dividend growth rates, they also stand out for their attractive Valuation, significant competitive advantages, positive growth outlooks, and their financial health.

My Top 10 Dividend Growth Companies For December: Growth Up To 16%, Yields Reaching 5%

SAN FRANCISCO--(BUSINESS WIRE)-- #cdfis--Wells Fargo & Company (NYSE:WFC) today announced that Darlene Goins is named head of Philanthropy and Community Impact and president of the Wells Fargo Foundation. She will be responsible for the company's philanthropic strategy in housing access and affordability, financial health, small business growth and sustainability, reporting to vice chairman of Public Affairs Bill Daley. Previously, Goins served as head of Diverse Customer Segments within Wells Fargo.

Wells Fargo Names Darlene Goins Head of Philanthropy and Community Impact, President of Wells Fargo Foundation

Wells Fargo (WFC) puts aside $750 million to less than $1 billion for severance expenses in the fourth quarter of 2023.

Wells Fargo (WFC) Keeps $750M-$1B of Severance Cost in Q4 2023

The heads of America's largest banks, including JPMorgan Chase, Bank of America and Goldman Sachs are seeking to dull the impact of the new rules.

Wall Street CEOs say proposed banking rules will hurt small businesses, low-income Americans

Wall Street bank bosses warned lawmakers on the Senate Banking Committee on Wednesday that capital hikes and other new regulations being contemplated by U.S. bank regulators will hurt lending, capital markets and the broader economy.

Wall Street bank bosses warn lawmakers of economic toll from tough new rules

The CEOs of America's top banks are on Wednesday expected to speak out against plans to hike capital requirements, at a U.S. Senate banking committee hearing on regulation of Wall Street firms.

Bank CEOs to warn lawmakers against proposal to boost capital

The CEOs of the eight largest U.S. banks planned to push back on pending banking regulations as burdensome at Tuesday's hearing before the Senate Banking Committee.

Wall Street banks warn lawmakers about new regulations

Wells Fargo will reportedly incur greater-than-expected expenses from severances tied to recent job cuts. The price tag for those layoffs could come to between $750 million and just shy of $1 billion for the banking giant's fourth quarter, CEO Charlie Scharf said Tuesday (Dec. 5) at the Goldman Sachs U.S. Financial Services Conference.

Wells Fargo Job Cuts Could Cost Bank Nearly $1 Billion

Bank stocks are starting to show some signs of life relative to the broader S&P 500.  I've had a few guests on my Lead-Lag Live podcast who have noted that it looks like a good setup for financial stocks here.

Bank Stocks Are Heating Up as Tech Stocks Falter. How to Play the Trend.

The top bosses of JPMorgan, Morgan Stanley, Citigroup and other major banks will warn lawmakers that new regulations will hurt credit and the broader economy, according to prepared testimony published on Tuesday.

Wall Street bank bosses warn lawmakers over new regulations

The sector has had to grapple with higher funding costs and tepid loan demand and deal-making activity.

Wells Fargo Warns of Severance Costs Up to $1 Billion

Wells Fargo CEO Charles Scharf warned severance costs this quarter could hit nearly $1 billion as the mega bank prepares for fresh layoffs in the coming year.

News for Wells Fargo Stock (WFC)