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.

PNC Financial Services

Bank of America

Citigroup

JPMorgan Chase & Co

Major banks, including JPM, C, WFC, BAC & PNC, surpass Q4 earnings estimates on revenue strength, solid loan balance and provision benefit. Yet, rising cost expectations lead to bearish investor sentiments.

Bank Stock Roundup: JPM, C, WFC, BAC & PNC in Focus on Q4 Earnings Beat

Goldman Sachs

Morgan Stanley

U.S. banks closed a record number of retail branches in 2021 as customers increasingly turn to digital banking and the industry consolidates.

U.S. banks close record number of retail branches in 2021, Wells Fargo shutters most

"The banks are all over the place this earnings season, which just goes to show the importance of individual stock picking," the "Mad Money" host said.

Jim Cramer says 'all banks are not created equal,' and these are his favorites

Wells Fargo has had a 2015 regulatory order from the Office of the Comptroller of the Currency (OCC) eliminated, which involved add-on products which Wells Fargo sold improperly, Bloomberg reported Thursday (Jan. 20). This, according to the report, shows the progress of CEO Charlie Scharf's struggle to right the ship of the bank's scandals from […]

Wells Fargo Sees Regulatory Order Eliminated as Company Tries to Shed Scandals

Wells Fargo & Co. WFC, +0.58% on Thursday confirmed that the Office of the Comptroller of the Currency (OCC) terminated a consent order from 2015 stemming from billing and marketing practices on identity and debt cancellation products offered by the bank. "The OCC believes that the safety and soundness of the bank and its compliance with laws and regulations does not require the continued existence of the order," the federal regulatory agency said in a legal document posted on its website.

Wells Fargo wins termination of 2015 regulatory order

The Office of the Comptroller of the Currency terminated a consent order it put in place in June 2015 against Wells Fargo & Co, the bank confirmed in a statement on Thursday.

Regulator terminates consent order with Wells Fargo from 2015

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Confirms Termination of OCC Add-On Products Consent Order

Wells Fargo Confirms Termination of OCC Add-On Products Consent Order

It's been a rough quarter for big bank earnings. However, Wells Fargo bucked the trend with a better-than-expected report.

Wells Fargo: Cost-Cutting Progress Highlights Upbeat Q4 Earnings

Management is forecasting that the bank's net interest income will increase and its expenses will keep declining.

Wells Fargo Might Be One of the Few Big Banks to Grow Earnings in 2022

DENVER--(BUSINESS WIRE)--Today, the Wells Fargo Innovation Incubator (IN²), a technology incubator and platform funded by the Wells Fargo Foundation and co-administered by the U.S. Department of Energy's National Renewable Energy Laboratory (NREL), announced seven winners for its sixth cycle of Channel Partner Strategic Awards. Originally launched in 2017, the Channel Partner Strategic Awards program addresses gaps in the cleantech ecosystem and helps eliminate the barriers that startups face o

Wells Fargo Innovation Incubator Announces 2022 Channel Partner Strategic Awards Supporting Network of Cleantech Startups

General Electric

Johnson & Johnson

Restaurant Brands

Check out these defensive stocks amid choppy markets.

Good Stocks To Invest In Right Now? 4 Defensive Stocks For Your List

Big U.S. banks will spend more on salaries and benefits this year, as inflationary pressures, pandemic risks and the tight labor market force them to raise wages to get and keep workers.

Big U.S. banks see higher expenses from workers' rising wages

Wells Fargo & Co named Derek Flowers as its new chief risk officer, leading all aspects of the lender's risk management systems, the bank said in a statement on Tuesday.

Wells Fargo names Derek Flowers as new chief risk officer

SAN FRANCISCO--(BUSINESS WIRE)--Derek Flowers named Wells Fargo's Chief Risk Officer

Derek Flowers named Wells Fargo's Chief Risk Officer

Regions Financial

Raymond James

Charles Schwab

Beyond some technical issues the market is dealing with, this is a big week for earnings reports. So, here's what to do.

Earnings Season Is in Full Swing — and So Are the Buying Opportunities

Taiwan Semiconductor Manufacturing

KB Home

Earnings season is upon us and some companies are loving it. Here are three top stock trades that are prime for investors to capitalize.

Top Stock Trades for the Week of Jan. 18, 2022

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced the commencement of a cash tender offer (the “Offer”) by Wells Fargo Securities, LLC (“Wells Fargo Securities”), an indirect wholly-owned subsidiary of Wells Fargo & Company, to purchase any and all of the securities of Wells Fargo & Company listed in the table below (the “Securities”). Title of Securities CUSIP Number Principal Amount Outstanding Fixed Spread (Basis Points) U.S. Treasury Reference Sec

Wells Fargo & Company Announces Any and All Cash Tender Offer by Its Wholly-Owned Subsidiary

SAN FRANCISCO--(BUSINESS WIRE)-- #construction--Wells Fargo Survey: Construction Industry Expects Strong Profitability in 2022. Optimism reaches highest level since 2019, 44% increase from 2021.

Wells Fargo Survey: Construction Industry Expects Strong Profitability in 2022, Despite Supply Chain & Labor Challenges

Buffett's Berkshire Hathaway left another $5 billion on the table by exiting JPMorgan and Goldman Sachs stock in 2020.

Warren Buffett missed out on $10 billion in gains by dumping Wells Fargo stock — but he probably doesn't regret cashing out

Wells Fargo stock is currently trading at a 52-week high of $58, reacting positively to its Q4 2021 earnings report. The expected Federal interest rate hikes are a positive sign for financial sector stocks, especially banks like Wells Fargo that demonstrate high-interest rate sensitivity.

Wells Fargo: Off To A Great Start In 2022 And Expected To Go Strong

Wells Fargo & Company (NYSE: WFC) shares have advanced more than 20% since the beginning of 2022 year, and the bank reported strong fourth-quarter results this Friday. Wells Fargo has proven its stability in 2021, and CEO Charles Scharf said that the outlook for the upcoming quarters remains positive.

Should I buy Wells Fargo shares after strong Q4 results?

Wells Fargo's (WFC) Q4 numbers are driven by strong equity gains and asset-based fees. However, lower interest income due to lower yields on earning assets is the undermining factor.

Wells Fargo's (WFC) Q4 Earnings Beat on Higher Fee Income

Wells Fargo & Company (WFC) CEO Charles Scharf on Q4 2021 Results - Earnings Call Transcript

In what could be considered a sign of economic recovery, Wells Fargo reported Friday (Jan. 14) that the demand for both consumer and commercial loans jumped 5% in the second half of 2021. That's just one piece of an improving economic puzzle for the financial services company, which saw its total revenue jump from about […]

Wells Fargo Sees Consumer and Commercial Loan Growth in the Second Half of 2021

Wells Fargo posted fourth-quarter net income of $5.8 billion on Friday (Jan. 14), an 86% increase over last year's $3.09 billion, according to the bank's earnings report. Revenue of $20.9 billion beat forecasts of $18.8 billion, per Refinitiv data, and earnings per share of $1.25 topped the consensus estimate of $18.824 billion.

News for Wells Fargo Stock (WFC)