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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Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

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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

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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.

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Cost of revenue

Gross profit

Operating expenses

SG&A

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EBITDA

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Minority interest

Total liabilities & equity

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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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Change in stock

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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.

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) said today that Chief Executive Officer Charlie Scharf will present at the 39th Annual Bernstein Strategic Decisions Conference on Wednesday, May 31, 2023 at 8:00 a.m. ET. The live webcast will be available online at https://www.wellsfargo.com/about/investor-relations/events. A replay of the webcast will be available for three months following the presentation. About Wells Fargo Wells Fargo & Company (NYSE: WFC) is a lead.

Wells Fargo to Present at the 39th Annual Bernstein Strategic Decisions Conference

Bank of America

U.S. Bancorp

The financials sector is the worst performer in the past three months, which should come as no surprise following multiple regional bank failures and scares.

3 Large Banks Presenting Value Opportunities After Sector Selloff

Axos Financial Inc.

Citigroup

JPMorgan Chase & Co

SPDR S&P Bank ETF

SPDR S&P Regional Banking ETF

Live Oak Bancshares

The banking industry routinely goes through crises that result in big, fast losses for investors. But there are plenty of solid, secure banks trading for extreme discounts.

Bank Stocks Are Falling and Investors Are Scared. That's Almost Always the Best Time to Buy.

Wells Fargo folded Abbot Downing, which served the bank's wealthiest clients, in late 2020. Employees have since left in droves, many to work for Abbott Downing's ex-boss Jack Ginter.

How the president of Abbot Downing tried to save the Wells Fargo unit for the ultra-rich from being folded

Apple

Capital One

Fidelity National Information

Alphabet

Global Payments

Mastercard

PNC Financial Services

PayPal

Block

Visa

We discuss the dominant digital wallets. We highlight P2P platforms and how they'll morph.

Digital Wallets: The Winners Are Obvious

Baidu

Bridgewater Associates, the mega hedge fund founded by Ray Dalio (Trades, Portfolio), disclosed in a portfolio update filing that its top trades during the first quarter included a major reduction to its Berkshire Hathaway Inc. ( BRK.A , Financial)( BRK.B , Financial) holding and the closure of its positions in Bank of America Corp. ( BAC , Financial), JPMorgan Chase & Co. ( JPM , Financial), Baidu Inc. ( BIDU , Financial) and Wells Fargo & Co. ( WFC , Financial). The firm also boosted its investment in Alphabet Inc. ( GOOGL , Financial).

Ray Dalio's Bridgewater Slashes Berkshire Holding, Exits 3 Banks

Alibaba

First Republic

Huntington Bancshares

JD.com

New York Community Bancorp

PacWest Bancorp

Western Alliance Bancorporation

Burry made some big purchases in the first quarter of the year. Notably, Burry's firm, Scion Asset Management, bought the dip in bank stocks.

2 Shocking Stock Moves Michael Burry Just Made

Wells Fargo & Co.'s stock WFC, +5.51% is rallying 5.3% as the biggest gainer among the U.S.'s six largest banks amid optimism in the broad equities market about a debt-ceiling agreement in Congress. It's on pace for largest percent increase since July 15, 2022, when it rose 6.17%, according to Dow Jones data.

Wells Fargo leads gains by big banks amid optimism for debt-ceiling deal

Wells Fargo has agreed to pay $1 billion to avoid the burden and expense of going to trial over a lawsuit where shareholders claimed the bank overstated how well it was complying with the Fed's consent orders and asset cap, which were imposed in 2018.

Wells Fargo to pay $1B to settle shareholder lawsuit over slew of scandals

Microsoft

NVIDIA

Occidental Petroleum

Westinghouse Air Brake Technologies

Investment managers with more than $100 million in assets under management (AUM) must file a 13F disclosure with the U.S. Securities and Exchange Commission (SEC) each quarter. This report includes an overview of the manager's holdings, including stocks, options, and more.

13F Season: Buffett, Burry, & Druckenmiller

Wells Fargo (WFC) agreed to pay $1 billion related to a shareholder lawsuit accusing it of overstating progress on resolving its 2016 fake account scandal.

Wells Fargo (WFC) to Pay $1B for Shareholders' Class-Action Suit

Wells Fargo's shares have dropped during the last couple of months as investors avoid bank stocks. WFC's underlying performance was very compelling.

Michael Burry Buys Wells Fargo

NEW YORK--(BUSINESS WIRE)--In one of the largest securities class action settlements in recent years, Bernstein Litowitz Berger & Grossmann (BLB&G) announced today that it has reached a settlement agreement on behalf of its clients and a class of investors with Wells Fargo & Co (NYSE: WFC), which has agreed to pay $1 billion in cash to resolve a federal securities class action lawsuit in the United States. The action, In re Wells Fargo & Company Securities Litigation, No. 20-CV-.

Bernstein Litowitz Berger & Grossmann Secures a Historic $1 Billion Settlement for Shareholders in Wells Fargo Securities Class Action

Shareholders allege Wells Fargo executives painted an overly positive picture of the bank's handling of the 2016 fake account scandal and its progress meeting the requirements of regulators.

Wells Fargo Agrees $1 Billion Payout To Settle Shareholder Lawsuit Over Fake Account Scandal Cleanup

A preliminary settlement was set out in a court filing Monday night to be approved in the coming months, The Wall Street Journal reported.

Wells Fargo to Pay $1 Billion to Settle Shareholder Lawsuit

Wells Fargo & Co has agreed to pay $1 billion to settle a lawsuit accusing it of defrauding shareholders about its progress in recovering from a series of scandals over its treatment of customers.

Wells Fargo reaches $1 billion settlement with shareholders over recovery from scandals

Wells Fargo reaches $1 bln settlement with shareholders over recovery from scandals

Shareholders claimed the bank and its past leadership were moving slower to address regulatory issues than they acknowledged publicly.

Wells Fargo Agrees to Pay Shareholders $1 Billion to Settle Class-Action Suit

Will there be a dividend increase from Wells Fargo & Company this year? I believe the company can afford one, although I'd prefer them to proceed with caution.

Wells Fargo: Will There Be A Dividend Increase In 2023?

Goldman Sachs

Morgan Stanley

Bridgewater Associates, one of the world's largest hedge funds, sold off U.S. bank stocks in the first quarter as the industry was roiled by the collapse of three lenders, according to regulatory filings.

Bridgewater dumps bank stocks amid turmoil in first quarter -filings

We take a look at the action in preferreds and baby bonds through the first week of May and highlight some of the key themes we are watching. Preferreds struggled this week under pressure from additional bank tremors.

Preferreds Weekly Review: The Risk (And Reward) Of Fixed-For-Life Preferreds

First Citizens BancShares

FDIC's new proposal requires banks like JPM, BAC and WFC, which have more than $5 billion in assets, to pay for the collapse of Silicon Valley Bank and Signature Bank.

FDIC Asks Big US Banks to Pay for SVB, Signature Bank Collapse

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) (“Wells Fargo”) and certain of its consolidated subsidiaries have issued debt securities, certificates of deposit, trust preferred securities and preferred stock and related depositary shares that reference the London Interbank Offered Rate (LIBOR) for deposits in U.S. dollars for a three-month tenor. The instruments addressed in this press release are governed by U.S. law or the laws of a U.S. State. Debt Securities, Certifi.

Wells Fargo Announces Transition Information for Outstanding U.S. Dollar LIBOR-Linked Instruments

Citizens Financial Group

Fifth Third Bancorp

KeyCorp

M&T Bank

Regions Financial

Truist Financial

The worst may be over for U.S. banks, with liquidity fears that led to the recent failures of three regional institutions subsiding, but banks also face a longer-term challenge — a reversal of the flow of cash into noninterest-bearing transaction accounts during years of government and Federal-Reserve stimulus before and during the COVID-19 pandemic.

Profit risks for 10 large regional banks: How a reversal of pandemic deposit trends could cut earnings

Toronto-Dominion Bank

Zions Bancorp

The government's response to maintain stability in the banking system creates stock winners from First Republic failure. First Republic Bank is the second largest bank with assets over $200 billion to fail, This follows the failure of Silicon Valley Bank, Credit Suisse, and Signature Bank.

News for Wells Fargo Stock (WFC)