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.

Wells Fargo won the dismissal of a lawsuit accusing the fourth-largest U.S. bank of defrauding shareholders by touting its commitment to hiring diversity while its managers were conducting sham interviews of non-white and female job candidates.

Wells Fargo defeats shareholder lawsuit over fake job interviews

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Brokers Suggest Investing in Wells Fargo (WFC): Read This Before Placing a Bet

Bank of America

Bank of New York Mellon

Citigroup

Citizens Financial Group

Cullen/Frost Bankers

Capital One

Fifth Third Bancorp

JPMorgan Chase & Co

Morgan Stanley

Northern Trust

State Street

Truist Financial

U.S. Bancorp

Shares of the biggest banks in the U.S., including JPMorgan Chase & Co. NYSE: JPM, Bank of America NYSE: BAC, Citigroup Inc. NYSE: C, Wells Fargo & Co. NYSE: WFC and Morgan Stanley NYSE: MS traded lower on August 16, continuing sector declines that began earlier in the week.

Are Major U.S. Banks At Risk Of Credit-Ratings Downgrades?

One of the U.S.'s Big Four lenders hiked its quarterly payout by almost 17%. That's a much higher bump than the declared and intended raises of the other three.

Are You Missing Out on This Bank's Monster Dividend Raise?

Goldman Sachs

Financial stocks had a bad day, thanks to Fitch's warning of a downgrade and Minneapolis Fed President Neel Kashkari's comments on tighter regulations.

CNBC Daily Open: More trouble ahead for U.S. banks

A Fitch Ratings analyst warned the agency may be forced to downgrade dozens of U.S. banks, including major lenders like JPMorgan Chase and Bank of America.

Fitch warns multiple US banks face credit downgrade: report

SPDR S&P Regional Banking ETF

Fitch Tuesday warned it may downgrade 70 U.S. banks, including JPMorgan, as industry uncertainty continues. JPM stock faded premarket.

Rating Service Warns On JPMorgan, Other Bank Downgrades

Fitch Ratings in June cut its "operating environment" score for the US banking sector. Fitch analyst Chris Wolfe told CNBC that another downgrade would mean banking giants like JPMorgan face reevaluations.

Fitch warns it may have to downgrade slew of US banks including giants like JPMorgan

PacWest Bancorp

Western Alliance Bancorporation

Zions Bancorp

Shares of U.S. banks dropped in premarket trading after a Fitch Ratings analyst told CNBC that the agency could downgrade several lenders, while a proposed rule change by a top banking regulator added to investor worries.

U.S. bank stocks drop after Fitch downgrade warning

Verizon

Dividend stocks are often a good investment option during a recession. That's because even though a stock price may temporarily drop, you are still getting paid on a regular basis.

Hidden gems: 2 undervalued dividend stocks to add to your portfolio

Wells Fargo is America's fourth-largest bank. Its consumer banking unit is one of the most significant revenue and profit drivers of the bank's success.

Wells Fargo Bank Branches Start to Disappear

Is Wells Fargo & Company (WFC) a great pick from the value investor's perspective right now? Read on to know more.

Is Wells Fargo & Company (WFC) a Worthy Stock for Value Investors?

As American home buyers contend with high mortgage rates and rising home prices, one bank is offering $10,000 in grants to help with down payment assistance for those living in eight cities.

Wells Fargo launches down payment assistance of $10,000 for eligible home buyers

BNP Paribas SA

Moelis

Banks like Wells Fargo (WFC), BNP Paribas (BNPQY) and Moelis & Company (MC) face fines totaling $549 million from regulators for failure to maintain proper communication records. This follows similar actions on large banks, including JPM and GS.

Banks Fined by Regulators for Non-Adherence to Record-keeping

Wells Fargo is implicated in yet another unauthorized account opening matter. Banks and other lenders are also at risk of growing loan delinquencies and defaults.

Is Wells Fargo Stock a Buy?

DexCom

Taiwan Semiconductor Manufacturing

Uncertainty from geopolitical tensions within the Ukraine war and China issues has led to slower United States labor market growth. In this environment of uncertainty, the United States labor market has displayed a degree of resilience but at a notably slower pace of growth.

What Are the Best Companies to Invest in Now? Our 3 Picks for August

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced that on Sept. 15, 2023, it will redeem all 69,000 shares (the “Redeemed Series Q Preferred Shares”) of its 5.85% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series Q (the “Series Q Preferred Stock”). The redemption of the Redeemed Series Q Preferred Shares will trigger the redemption of the 69,000,000 shares of the related depositary shares (the “Redeemed Series Q Depositary Shares.

Wells Fargo & Company Announces Full Redemption of its Series Q Preferred Stock and Related Depositary Shares

The slide in U.S. bank stocks this week appeared to catch traders in the options market by surprise, data shows, raising questions over whether bank investors have become a little too comfortable with the sector that only months ago was in crisis.

Analysis: Moody's warning on US banks a wake-up call for sanguine investors

Big banks are trying to dump commercial real estate loans as pressures mount in the sector.  JPMorgan, Goldman Sachs, and Capital One are among those trying to shed debt exposure, sources told Bloomberg.

Big US banks are reportedly trying to dump commercial real estate loans - but buyers are scarce as pressures mount for property markets

PNC Financial Services

They assured us after the failure of Silicon Valley Bank, First Republic and Signature Bank that all was well, that the banking system was totally secure and in no danger of further failures.

Moody's Slashes Ratings on Top US Banks: 5 ‘Strong Buy' Dividend Giants Are the Only Safe Plays Now

US regulators on Tuesday fined nine Wall Street companies, including Wells Fargo, BNP Paribas and Société Générale $549 million over employees' use of personal messaging apps to discuss deals, trades and other business.

US regulators fine Wall Street firms $549 million in latest texting probe

Regulators issued fines against several financial firms, including Wells Fargo and BNP Paribas, for failing to maintain records of employee communications on unapproved platforms.

Wells Fargo, BNP among firms fined $260 million over use of WhatsApp, texts

Wells Fargo's history is riddled with multi-million dollar legal settlements and billions of dollars paid to regulators.

Wells Fargo's $125 Million Fine For Employees Using WhatsApp Marks Latest Run-In With Regulators And Courts

The SEC and CFTC have fined a group of Wall Street firms a combined $549 million. The firms admitted to employees using WhatsApp and other messaging services for business purposes.

A group of Wall Street banks have been fined $549 million for using WhatsApp and other messaging apps to discuss business

Mizuho Financial Group

Wells Fargo and a slew of other Wall Street firms admitted Tuesday to using WhatsApp, Signal and other messaging platforms for "off-channel" communications in violation of federal recordkeeping requirements.

News for Wells Fargo Stock (WFC)