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.

Bank of America

Citigroup

First Trust Nasdaq Bank ETF

iShares U.S. Regional Banks ETF

JPMorgan Chase & Co

SPDR S&P Bank ETF

Invesco KBW Bank ETF

SPDR S&P Regional Banking ETF

Let's consider some banking ETFs that can be great investment options amid the current U.S. economic conditions and an expected interest rate hike in June.

JPMorgan's Rally Puts the Spotlight on Banking ETFs

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) said today that Chief Executive Officer Charlie Scharf will present at the 38th Annual Bernstein Strategic Decisions Conference on Wednesday, June 1, 2022 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 38th Annual Bernstein Strategic Decisions Conference

Families on a more modest income are finding it harder to buy smaller houses with smaller mortgages.

The lack of small-dollar mortgages is preventing Americans from purchasing affordable homes

East West Bancorp

When interest rates are on the move, it's always a good idea to start reconsidering the best bank stocks to buy now. The post 5 of the Best Bank Stocks to Buy Now appeared first on InvestorPlace.

5 of the Best Bank Stocks to Buy Now

Stocks of major US banks made strong comebacks on Monday after remaining in the red for some weeks. JPMorgan Chase & Co. (NYSE:JPM) jumped 7%.

Banking stocks were gainers on Monday, but how long can they sustain momentum?

Nationwide initiative to build and repair homes across 200 communities kicks off in Charlotte; employees volunteer with future homeowner CHARLOTTE, N.C. , May 24, 2022 /PRNewswire/ -- As homeownership remains out of reach for too many families, Wells Fargo today announced an effort to support new home construction, renovation, and repair of more than 350 affordable homes across the U.S. in collaboration with Habitat for Humanity International.

Wells Fargo and Habitat for Humanity to Build 350 Affordable Homes in the U.S.

AbbVie

Raytheon Technologies

The first quarter of 2022 has signaled an end to the monetary policy-driven bull market that lasted from the Covid-19 market crash in March 2020 all the way through the end of 2021. The combination of low interest rates, heavy money-printing and easy access to corporate debt has finally made its way through the economy to cause inflation the likes of which we haven't seen since the 1980s.

Fund Managers Dump Berkshire, AbbVie in 1st Quarter

Wells Fargo & Co (NYSE: WFC) shares are trading higher by 5.76% at $44.08. Shares of several banks and financial services are trading higher in sympathy with JPMorgan Chase & Co (NYSE: JPM) after the company issued fourth-quarter and FY22 financial targets.

Why Wells Fargo Shares Are Rising Today

JPMorgan Chase increased its guidance earlier today and Bank of America's CEO had positive comments about the economy.

Why Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo Are Rising Today

Wells Fargo's (WFC) subsidiary agrees to pay $7 million for the settlement of anti-money laundering rules violation.

Wells Fargo (WFC) Unit Settles Anti-Money Laundering Charges

Warren Buffett has revealed that he no longer has any stake in Wells Fargo, a company he invested in 3 decades ago. Warren Buffett's reason for the sell-off is based more on his principles of investment rather than assuming Wells Fargo is a bad investment. Wells Fargo's share price jumped after the announcement.

Warren Buffett Finally Cut Ties with Wells Fargo. A Buy or Sell Rating?

The stock market bounced back Friday from a potential negative milestone.

Are Banks As Big a Bargain As They Look?

Wells Fargo Advisors agreed to pay $7 million to settle federal Securities and Exchange Commission (SEC) charges that the firm failed to report at least 34 suspicious transactions that could have triggered anti-money laundering investigations, the agency announced Friday (May 20). The violations occurred between April 2017 and October 2021, according to the SEC.

Wells Fargo to Pay $7M to Settle SEC AML Allegations

The SEC said Wells Fargo Advisors failed to file at least 34 Suspicious Activity Reports in a timely manner between April 2017 and October 2021.

SEC fines Wells Fargo $7M for anti-money laundering lapses

Warren Buffett and Berkshire Hathaway recently revealed they have sold their last remaining investment in Wells Fargo.

Warren Buffett and Berkshire Hathaway Are Done With Wells Fargo. Should You Follow Their Lead?

The Securities and Exchange Commission on Friday said Wells Fargo & Co. WFC, -1.08% agreed to pay $7 million to settle charges that it failed to file at least 34 suspicious activity reports in a timely manner between April, 2017, and October, 2021.

Wells Fargo agrees to pay $7 million to failing to follow anti-money laundering rules

In making the new projection, Wells Fargo noted that "consumer activity has weakened" considerably as the economy confronts new COVID-19 outbreaks and restrictions, sky-high inflation and a strong U.S. dollar, in addition to the Russian war in Ukraine and aggressive Fed monetary policy.

A recession is now the base case scenario for Wells Fargo

Berkshire Hathaway (BRK.B) sells $32.4-million stake in Wells Fargo (WFC) as the latter's regulatory issues pile up over the years.

Should You Hold Wells Fargo (WFC) Stock After Buffett's Exit?

With more than 30% upside potential, WFC is a buy at prices around $45. The ongoing war in Ukraine, the pandemic, and most importantly, the uncertain monetary policies of the US Federal Reserve may keep WFC undervalued for now.

Despite All The Uncertainties, Wells Fargo Is A Buy

Wells Fargo can use this weak economic period to fully restructure the business. The company has long projected cutting $10 billion out of operating costs.

Wells Fargo: Firing Season

CFRA Research analyst Ken Leon on Tuesday downgraded Wells Fargo & Co. WFC, +3.55% to hold from buy and cut the firm's price target on the stock to $49 from $53 a share. "We think the transformation of WFC is likely to take longer and limit the upside potential to share price performance," Leon said in a research note.

CFRA downgrades Wells Fargo to hold from buy

Charlie Scharf said while a recession in the US seems hard to avoid, the strength of businesses and consumers would dampen its impact.

Wells Fargo's CEO says there is 'no question' that the US is heading into a downturn and it will be hard to avoid recession

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) announced today that Paul Ricci has been named chief auditor, effective immediately. Ricci will report to the Audit Committee of the Wells Fargo board of directors and administratively to CEO Charlie Scharf. He also will join the Wells Fargo Operating Committee. As chief auditor, Ricci will lead the internal Audit organization. The organization's responsibilities include delivering independent and objective internal audit ass

Wells Fargo Names Paul Ricci as Chief Auditor

With the Federal Reserve moving rapidly to tame sky-high inflation by aggressively raising the benchmark federal funds rate, Charlie Scharf said that it is likely there will be some economic fallout.

US economy heading into downturn, Wells Fargo CEO warns: 'No question'

Warren Buffett's Berkshire Hathaway has been a top investor in Wells Fargo for the past few years, despite the company's fake account scandal, overcharging foreign-exchange customers and myriad other problems.

News for Wells Fargo Stock (WFC)