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

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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.

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Cost of revenue

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Net PPE

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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

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Purchase/sale of investments

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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.

JPMorgan Chase & Co

Visa

In today's fast-paced financial landscape, investors constantly search for robust avenues to grow their wealth. Enter financial services stocks—a sector brimming with potential and diversity.

The 3 Best Financial Services Stocks to Buy Now: September 2023

Seven years after the fake-accounts scandal erupted, many inside the bank are sensing a make-or-break moment.

Wells Fargo Is Still in Fix-It Mode

Wells Fargo & Co. WFC, -0.51% on Tuesday named Credit Suisse veteran banker Jill Ford as head of equity capital markets in its Corporate & Investment Bank (CIB), reporting to Tim O'Hara, head of banking. Ford will work out of the bank's New York City office after 30 years of investment banking experience, including most recently as co-head of Equity Capital Markets Americas at Credit Suisse.

Wells Fargo hires long-time Credit Suisse banker Jill Ford to lead equity capital market unit

Bank of America

Citigroup

After a dismal August performance, investors are looking for clues as to how bank stocks like JPMorgan (JPM), Bank of America (BAC), Citigroup (C) and Wells Fargo (WFC) will fare this month as they navigate industry headwinds.

Banks Struggled in August: Will Scenario Change in September?

Wells Fargo hired former Credit Suisse banker Jill Ford as its head of equity capital markets, the bank said in a statement.

Wells Fargo hires Ford from Credit Suisse as head of equity capital markets

Hewlett Packard

Lululemon Athletica

MCBC Hlds

Trade Desk

U.S. stocks closed mostly higher, with the Dow Jones gaining more than 100 points on Friday. The Dow added 1.4% last week, while the S&P 500 climbed 2.5%.

This Analyst With 83% Accuracy Rate Sees Around 17% Upside In Hewlett Packard Enterprise

Goldman Sachs

Morgan Stanley

U.S. lenders are holding onto large piles of cash as insurance against a slowing economy, continuing deposit outflows and looming tougher liquidity rules that could particularly impact mid-sized banks.

Analysis: US banks hold $3.3 trillion cash amid banking crisis, slowdown worries

There's nothing quite like a record-setting $3.7 billion regulatory settlement to bring out the shareholder lawyers.

Wells Fargo, a juicy target, sparks lead counsel fight among shareholder firms

SPDR S&P Regional Banking ETF

Financial Select Sector SPDR Fund

Bank stocks outpaced the broad market into positive territory on Friday as a healthy August jobs report sparked buying in the sector after a weak performance last month. The KBW Nasdaq Bank Index BKX, +1.27% rose by 1.2%, the Financial Select Sector SPDR ETF XLF, +0.80% rose 0.7% and the SPDR S&P Regional Banking ETF KRE, +1.48% rose 1.7%.

Bank stocks gain after jobs report in rebound from August losses

ATLANTA , Aug. 31, 2023 /PRNewswire/ -- The nation's newest premier music and culture festival,  The Big Homecoming (TBH) alongside founding corporate supporter Wells Fargo, will kick off year two of its programming with The Big Homecoming Music & Culture Festival and The Big Homecoming 365 Impact Tour (TBH365). The Big Homecoming, which launched in Atlanta in 2022, had enormous success in its first year, with the mission of authentically celebrating the culture of Historically Black Colleges and Universities (HBCUs) while creating ongoing impact for HBCUs.

'The Big Homecoming' and Wells Fargo Kick-off Year Two of Relationship To Create Ongoing Impact For HBCUs

MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETN

First Trust Nasdaq Bank ETF

SPDR S&P Bank ETF

Invesco KBW Bank ETF

Invesco KBW Regional Banking ETF

Banking stocks had a downbeat August. While situation is still grave for regional bank ETFs, still-cheaper valuation and decent earnings for big banks are the positives.

Bank ETFs Had a Downbeat August: What Lies Ahead?

Wells Fargo (WFC) to pay a penalty of $35 million for overcharging advisory fees in more than 10,900 investment advisory accounts. It paid around $40 million to the distressed accountholders.

Wells Fargo (WFC) to Pay $35M Penalty to SEC & Settle Charges

Wells Fargo has reportedly been overcharging nearly 11,000 investment accounts over the past decade. Without admitting to the violation, the bank agreed to pay the SEC $35 million.

Wells Fargo pays $35M fine for charging excessive advisory fees: SEC

Stronger capital and deposit positioning has continued to help Wells Fargo, driving better-than-expected Q2'23 earnings and outperformance relative to most large bank peers. Wells Fargo still has work to do to resolve outstanding consent orders, but there are operational leverage opportunities on both the revenue and cost sides of the business. Wells Fargo has opportunities for operational improvement, including reducing costs, enhancing digital offerings, and expanding its card and wealth management businesses.

Wells Fargo Looks Set For Further Outperformance

Wells Fargo (WFC) has agreed to pay $35 million to the Securities and Exchange Commission (SEC) over charges of excessive advisory fees, the SEC said.

Wells Fargo Agrees to Pay $35M to SEC Over Excessive Customer Charges

Wells Fargo & Co (NYSE: WFC) has returned a total of $40 million to 10,945 of its customers who were overcharged for investment advice, as per the Securities & Exchange Commission.

Wells Fargo to pay $35 million in a civil penalty

The Securities and Exchange Commission on Friday said Wells Fargo & Co. WFC, -1.05% agreed to pay a $35 million civil penalty to settle claims that its Wells Fargo Clearing Services LLC and Wells Fargo Advisors Financial Network LLC units overcharged thousands of its investment advisory accounts. The SEC said the bank levied excessive fees of a combined $26.8 million on more than 10,900 investment advisory accounts, prior to 2014.

Wells Fargo agrees to pay $35M to settle charges it didn't provide promised broker fee discounts to clients

Wells Fargo has increased its dividend by nearly 17% and announced a $30 billion buyback program following a successful stress test. Wells Fargo's dividend coverage and related metrics mostly compare favorably against its peers. Wells Fargo's leadership in the middle-market is attractive.

Wells Fargo: Dividend Increase And Buyback Do Go Far

Wells Fargo has agreed to pay a $35 million civil penalty to settle U.S. charges that the company overcharged advisory fees, the Securities and Exchange Commission said on Friday.

Wells Fargo to pay $35mln penalty over excessive fees, U.S. SEC says

Wells Fargo said that customers are experiencing issues with some transactions Thursday, according to a company spokesperson, amid reports of people being unable to access certain account features.

Wells Fargo says customers are experiencing 'issues with certain transactions' amid possible outage

More than 700 users reported issues with Wells Fargo's banking system Thursday, according to Downdetector, with problems ranging from transferring funds to declining ATM cards.

Hundreds of Wells Fargo users report issues with banking system

U.S. district judge Trina L. Thompson has dismissed a lawsuit against Wells Fargo & Co. WFC, +0.05% that alleged the bank held fake job interviews for positions that were already filled in order to boost its diverse hiring score card.

Judge dismisses lawsuit against Wells Fargo for allegedly holding fake job interviews for diversity candidates

Comerica

KeyCorp

UMB Financial

A number of major American banks are in the red today following S&P Globals' credit ratings adjustments on several regional lenders yesterday. Fears of a stock market crash are swirling as equity markets continue to show some sheepishness heading further into the second half of the year.

Stock Market Crash Alert: S&P Bank Downgrades Rock Stocks

Wells Fargo (WFC) wins the dismissal of the lawsuit accusing it of faking interviews to meet its guidelines on workplace diversity.

Wells Fargo (WFC) Wins Class Action Suit Over Fake Interviews

Cost-saving initiatives and strong deposit growth are likely to keep supporting Wells Fargo's (WFC) financials. However, a decline in revenues and a fall in loan balance are major headwinds.

News for Wells Fargo Stock (WFC)