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

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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

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Operating Expenses

Year over year growth in Revenue and Operating Expenses.

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OpEx 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

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Earnings data Q4 2021

Earnings data Q1 2022

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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 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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Earnings per share

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Book value per share

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Funds from operations

Change in working capital

Cash from investing

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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.

Wells Fargo and Operation HOPE are partnering to foster financial inclusion and remove barriers to unbanked populations, half of which are Black, African American, Hispanic and Native American/Alaska Native households, according to a press release on Wednesday (April 13). “The Wells Fargo HOPE Inside centers mark a significant step forward in addressing barriers to financial […]

Wells Fargo Partners With Operation HOPE to Foster Inclusion for Unbanked

Blackrock Inc

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Earnings season has returned, with JPM and BLK reporting earnings this morning. Bank stocks WFC, C and GS will report earnings tomorrow.

Bank Stocks News: What's Going on with JPM, BLK, WFC, C, GS Stocks Today?

Wells Fargo (NYSE: WFC) is scheduled to report its fiscal Q1 2022 results on Thursday, April 14, 2022. We expect Wells Fargo to beat the consensus estimates for revenues and earnings.

Wells Fargo Stock To Beat The Consensus In Q1?

Bank of America

Bank stocks are down in 2022. With the Fed raising rates, are the big banks a buying opportunity?

5 Big Bank Earnings Charts

Despite an improving lending scenario, Wells Fargo's (WFC) Q1 NII is likely to have declined. A fall in mortgage banking revenues and investment banking fees might have hurt fee income.

Subdued NII, IB Fees to Hurt Wells Fargo's (WFC) Q1 Earnings

Morgan Stanley

While there were a few interesting earnings reports out Tuesday morning, all eyes were focused on the U.S.

Earnings Previews: Citigroup, Goldman Sachs, Morgan Stanley, Wells Fargo

In this article, we'll look at the risks and the opportunities surrounding bank stocks and leave you with three stocks that may be worth a small investment.

3 Bank Stocks That Are Ready to Handle Whatever the Fed Throws at Them

NEW YORK--(BUSINESS WIRE)--Wells Fargo and Operation HOPE, Inc., a national non-profit dedicated to financial empowerment for underserved communities, today announced plans to introduce HOPE Inside centers in 20 markets that will serve as many as 150 Wells Fargo branches and their surrounding communities across the United States by the end of 2023. The new HOPE Inside centers will feature Operation HOPE financial coaches who will help empower community members to achieve their financial goals t

Wells Fargo and Operation HOPE Team Up to Accelerate Financial Inclusion

U.S. Bancorp

A slew of earnings reports from banks arrive next week. Here are the important events to pay attention to in the coming days.

Keep an Eye on Earnings Announcements This Week

Bank stocks are in focus this week, as a number of financial institutions are slated to step into the earnings confessional.

Wells Fargo Gears Up For Earnings

Wall Street Awaits Q1 Earnings After A Week Of Losses

Trading may be a surprise bright spot for Wall Street banks in the first quarter, after clients rejigged portfolios in response to Russia's invasion of Ukraine and interest rate hikes, analysts and executives say.

U.S. banks set for better-than-expected trading revenues

NEW YORK--(BUSINESS WIRE)--White Oak Global Advisors, LLC, (“White Oak”) announced today it has provided a $75 million term loan to North Atlantic Imports, which also operates under the name Blackstone Products (“Blackstone” or the "Company"), a Utah-based distributor of branded griddles and accessories. The loan was offered on a split-lien basis alongside a Wells Fargo ABL Revolver. “Blackstone is an innovator in its industry and we are excited to support their continued growth,” said Albert B

White Oak Provides $75 Million Term Loan Financing to North Atlantic Imports

Lowe's

The company said Friday that CFO David Denton would be leaving the company and be replaced by Brandon Sink.

Lowe's CFO Exit Might Not Be as Bad as It Looks, Wells Fargo Says

U.S. banks might see deposits decrease for the first time in several decades, The Wall Street Journal wrote Sunday (April 10). The last two months have seen bank analysts cutting their expectations for deposit levels at big banks, with the 24 banks making up the KBW Nasdaq Bank Index, the benchmark, are likely to see […]

Bank Deposits to See 80-Year Decline as Consumers Move Cash Stockpiles

The Federal Reserve's interest rate hikes should boost lending profits for major financial firms. Now, the big banks will have the chance to prove to investors that they can thrive if rates continue to climb.

Bad news for banks: Rates are rising fast

The Past Catches Up With Wells Fargo Over Its 401(k) Plan.

Wells Fargo $32.5 million settlement to employees won't put a dent to its balance sheet

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE:WFC) today issued the following statement responding to New York City Mayor Eric Adams and Comptroller Brad Lander. “We are deeply disappointed that Mayor Adams and Comptroller Lander would publish a press release like this based solely on a news report. More specifically, we are deeply disturbed by irresponsible allegations of discrimination that we believe do not stand up to scrutiny. We are confident that we follow relevant GSE

Wells Fargo Response to New York City Mayor Adams and Comptroller Lander

Sending and receiving money back and forth has never been easier in today's world. We now have the ability to make these transfers with a multitude of mobile applications, and recently, there has been a new player taking the payments arena by storm - Zelle.

Will Zelle Soon Be Coming To Retail Checkout Lanes?

State Street

The first quarter 2021 earnings season kicks-off next week with earnings results from some of the biggest financial institutions in the U.S. The post 7 Financial Stocks Reporting Earnings the Week of April 11 appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS It doesn't matter if you have $500 in savings or $5 million.

7 Financial Stocks Reporting Earnings the Week of April 11

Markets face what could be a hot inflation report in the week ahead and a batch of big bank earnings to start the earnings season.

Big banks' earnings and a hot inflation report could sway markets in short holiday week

The first quarter was unkind to the nation's banks. When the data from January through March is in, big banks in the United States expect to see a dramatic dip in earnings compared to the same period one year ago, Reuters reported.

U.S. Banks Expect Earnings Dip in Q1

We look ahead this morning to next week's Q1 earnings season heating up. After a couple weeks of economic data detailing recent and current levels on inflation and employment, this week was a bit of a breather. It also became a bit rudderless, with not much but anecdotal stories in the stock market — like Elon Musk buying a big chunk of Twitter ((TWTR Quick QuoteTWTR - Free Report) — pushing and pulling market sentiment.

Markets Await Q1 Earnings Reports From Big Banks

Big U.S. banks are expected to show a sharp decline in first quarter earnings from a year ago, when they benefited from exceptionally strong dealmaking and trading, and funds set aside for loan losses being released.

U.S. bank earnings to decline in first quarter

Wells Fargo (WFC) agrees to pay $32.5 million to resolve allegations of self-dealing with its 401(k) plan. The settlement represents 40% of the plan participants' estimated damages.

News for Wells Fargo Stock (WFC)