Revenue segments as reported by the company.

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Year over year growth in Revenue and Operating Expenses.

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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

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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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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.

Los Angeles, California--(Newsfile Corp. - August 26, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wells Fargo & Company ("Wells Fargo" or "the Company") (NYSE: WFC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

DEADLINE MONDAY ALERT: The Schall Law Firm Encourages Investors in Wells Fargo & Company with Losses of $100,000 to Contact the Firm

NEW YORK , Aug. 26, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Wells Fargo & Company (NYSE: WFC). To receive updates on the lawsuit, fill out the form: https://claimyourloss.com/securities/wfc-lawsuit-loss-submission-form/?id=31158&from=4 This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Wells Fargo common stock between February 24, 2021 and June 9, 2022.

WFC SHAREHOLDER ALERT: Jakubowitz Law Reminds Wells Fargo Shareholders of a Lead Plaintiff Deadline of August 29, 2022

New York, New York--(Newsfile Corp. - August 25, 2022) - Levi & Korsinsky, LLP notifies investors in Wells Fargo & Company ("Wells Fargo" or the "Company") (NYSE: WFC) of a class action securities lawsuit.The lawsuit on behalf of Wells Fargo investors has been commenced in the the United States District Court for the Northern District of California.

Wells Fargo Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before August 29, 2022 to Discuss Your Rights - WFC

LOS ANGELES , Aug. 25, 2022 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Wells Fargo & Company ("Wells Fargo" or the "Company") (NYSE: WFC).

WFC Investors Have Opportunity to Lead Wells Fargo & Company Securities Fraud Lawsuit

New York, New York--(Newsfile Corp. - August 25, 2022) - Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Wells Fargo & Company ("Wells Fargo" or "the Company") (NYSE: WFC) and certain of its officers, on behalf of all persons and entities that purchased, or otherwise acquired Wells Fargo securities between February 24, 2021 and June 9, 2022, inclusive (the "Class Period").

Upcoming Deadline: Bronstein, Gewirtz & Grossman, LLC Reminds Wells Fargo & Company (WFC) Investors of Class Action and Encourages Investors to Actively Participate

Los Angeles, California--(Newsfile Corp. - August 25, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wells Fargo & Company ("Wells Fargo" or "the Company") (NYSE: WFC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

MONDAY DEADLINE NOTICE: The Schall Law Firm Encourages Investors in Wells Fargo & Company with Losses of $100,000 to Contact the Firm

MILWAUKEE , Aug. 25, 2022 /PRNewswire/ -- Ademi LLP is notifying investors of the August 29, 2022 deadline for motions for Lead Plaintiff in securities fraud claims against Wells Fargo (NYSE: WFC). The class action results from inaccurate statements Wells Fargo may have made regarding its business operations and prospects.

Ademi LLP notifies Investors of August 29, 2022 Deadline for Claims of Securities Fraud against Wells Fargo & Company

NEW YORK , Aug. 24, 2022 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Wells Fargo & Company (NYSE: WFC) between February 24, 2021 and June 9, 2022, both dates inclusive (the "Class Period"), of the important August 29, 2022 lead plaintiff deadline. SO WHAT: If you purchased Wells Fargo securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WFC FINAL DEADLINE NOTICE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Wells Fargo & Company Investors to Secure Counsel Before Important August 29 Deadline in Securities Class Action - WFC

Discovery

Morgan Stanley

Occidental Petroleum

AT&T

Warren Buffett stock Occidental Petroleum and dividend stocks to watch Morgan Stanley and Wells Fargo boosted their payouts in Q2. The post Warren Buffett Stock Boosts Payout As U.S. Dividend Growth Shows 'Remarkable Resilience' appeared first on Investor's Business Daily.

Warren Buffett Stock Boosts Payout As U.S. Dividend Growth Shows 'Remarkable Resilience'

NEW YORK , Aug. 24, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Wells Fargo & Company. Shareholders who purchased shares of WFC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Wells Fargo & Company of a Class Action Lawsuit and a Lead Plaintiff Deadline of August 29, 2022 - (NYSE: WFC)

Los Angeles, California--(Newsfile Corp. - August 24, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wells Fargo & Company ("Wells Fargo" or "the Company") (NYSE: WFC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

MONDAY DEADLINE REMINDER: The Schall Law Firm Encourages Investors in Wells Fargo & Company with Losses of $100,000 to Contact the Firm

JPMorgan Chase & Co

New technologies have enabled nimble financial-technology companies and other non-banks to enter the market. Mortgage banking has become less profitable for banks due to onerous and restrictive origination and servicing rules, as well as higher capital requirements.

Banks Say Goodbye To Mortgages

Alcoa

Applied Materials

Lam Research

Moderna

Micron Technology

Charles Schwab

Skechers U.S.A.

Sony

Patrick Degorce is the founder and chief executive officer (CEO) of Theleme Partners.

These Are The Top 10 Holdings Of Patrick Degorce

NEW YORK , Aug. 23, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Wells Fargo & Company (NYSE: WFC) alleging that the Company violated federal securities laws. This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Wells Fargo common stock between February 24, 2021 and June 9, 2022.Lead Plaintiff Deadline: August 29, 2022 No obligation or cost to you.

WFC ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of August 29, 2022 in the Class Action Filed on Behalf of Wells Fargo & Company Shareholders

New York, New York--(Newsfile Corp. - August 20, 2022) - Pomerantz LLP announces that a class action lawsuit has been filed against Wells Fargo & Company ("Wells Fargo" or the "Company") (NYSE: WFC) and certain of its officers.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Wells Fargo & Company of Class Action Lawsuit and Upcoming Deadline - WFC

The bank has struggled since its phony-accounts scandal, but has also started to turn things around over the last few years.

Will Wells Fargo Be a Trillion-Dollar Stock by 2032?

New York, New York--(Newsfile Corp. - August 19, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Wells Fargo & Company (NYSE: WFC) between February 24, 2021 and June 9, 2022, both dates inclusive (the "Class Period"), of the important August 29, 2022 lead plaintiff deadline.

ROSEN, A Leading Law Firm, Encourages Wells Fargo & Company Investors to Secure Counsel Before Important August 29 Deadline in Securities Class Action - WFC

Bank of America

Citigroup

Goldman Sachs

Since the end of June, five of the six largest U.S. banks have outperformed the S&P 500's 13% gain.

Bank Stocks Make a Comeback After Sharp Sell Off

Wells Fargo is leveraged to higher rates, loan growth, and improving operating leverage, and is likely to see strong core earnings growth in FY'23 and into FY'24. Deposit betas are rising more than the Street expected and consistent with my expectations, and I believe this is going to lead to more selectivity in lending.

Wells Fargo Looks Undervalued Ahead Of Earnings Acceleration

NEW YORK , Aug. 16, 2022 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Wells Fargo & Company (NYSE: WFC) between February 24, 2021 and June 9, 2022, both dates inclusive (the "Class Period"), of the important August 29, 2022 lead plaintiff deadline. SO WHAT: If you purchased Wells Fargo securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, SKILLED INVESTOR COUNSEL, Encourages Wells Fargo & Company Investors to Secure Counsel Before Important August 29 Deadline in Securities Class Action - WFC

Wells Fargo & Co. said it's weighing the size of its mortgage business in the face of a “dramatically smaller originations market” as home buyers retreat from higher interest rates and lending capital grows more scarce.

Wells Fargo eyes ‘dramatically smaller' mortgage origination market as it weighs the size of its business

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo announced today the issuance of its second Inclusive Communities and Climate Bond, a $2 billion bond that will finance projects and programs supporting housing affordability, economic opportunity, renewable energy, and clean transportation. “Through the issuance of this second Sustainability Bond, Wells Fargo is continuing our commitment to strong, resilient communities,” said Chief Sustainability Officer Robyn Luhning. “These efforts are important fo

Wells Fargo Issues $2 Billion Inclusive Communities and Climate Bond

Wells Fargo is planning a retreat in its mortgage activities, according to a published report.

Wells Fargo reportedly planning retreat in mortgage business

New York, New York--(Newsfile Corp. - August 14, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Wells Fargo & Company (NYSE: WFC) between February 24, 2021 and June 9, 2022, both dates inclusive (the "Class Period"), of the important August 29, 2022 lead plaintiff deadline.

ROSEN, RESPECTED INVESTOR COUNSEL, Encourages Wells Fargo & Company Investors With Losses to Secure Counsel Before Important August 29 Deadline in Securities Class Action - WFC

New York, New York--(Newsfile Corp. - August 12, 2022) - Pomerantz LLP announces that a class action lawsuit has been filed against Wells Fargo & Company ("Wells Fargo" or the "Company") (NYSE: WFC) and certain of its officers.

Shareholder Alert: Pomerantz Law Firm Reminds Shareholders with Losses on Their Investment in Wells Fargo & Company of Class Action Lawsuit and Upcoming Deadline - WFC

News for Wells Fargo Stock (WFC)