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6Apr 14, 2026·SEC
Mar 18, 2026·SEC
Mar 17, 2026·SEC
Wells Fargo & Company (WFC) fundamental analysis — strengths, weaknesses & financial health based on data analysis
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Wells Fargo & Company (WFC) stock price & volume — 10-year historical chart
Wells Fargo & Company (WFC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Wells Fargo & Company (WFC) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 14, 2026 | $1.56vs $1.58-1.3% | $21.4Bvs $21.8B-1.6% |
| Q1 2026 | Jan 14, 2026 | $1.62vs $1.66-2.4% | $21.3Bvs $21.6B-1.7% |
| Q4 2025 | Oct 14, 2025 | $1.73vs $1.55+11.6% | $21.4Bvs $21.1B+1.4% |
| Q3 2025 | Jul 15, 2025 | $1.54vs $1.41+9.2% | $20.8Bvs $20.8B+0.3% |
Wells Fargo & Company (WFC) competitors in North American universal banks — business model, growth, and fundamentals comparison
Wells Fargo & Company (WFC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Wells Fargo & Company (WFC) annual income statement — 10-year revenue, gross profit & net income history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Net Interest Income | 49.56B | 49.99B | 47.3B | 39.96B | 35.78B | 44.95B | 52.38B | 47.68B | 47.48B |
NII Growth % | 3.78% | 0.88% | -5.38% | -15.53% | -10.45% | 25.63% | 16.52% | -8.97% | -0.4% |
Net Interest Margin % | 2.54% | 2.64% | 2.45% | 2.05% | 1.84% | 2.39% | 2.71% | 2.47% | 2.21% |
Interest Income | 58.91B | 64.65B | 66.16B | 47.92B | 39.69B | 54.02B | 85.12B | 90.78B | 87.31B |
Interest Expense | 9.35B | 14.65B | 18.85B | 7.96B | 3.92B | 9.07B | 32.74B | 43.1B | 39.83B |
Loan Loss Provision | 2.53B | 1.74B | 2.69B | 14.13B | -4.16B | 1.53B | 5.4B | 4.33B | 3.66B |
Non-Interest Income | 38.83B | 36.41B | 39.53B | 34.31B | 43.39B | 29.42B | 30.22B | 34.62B | 36.22B |
Non-Interest Income % | 39.73% | 36.03% | 37.4% | 41.72% | 52.22% | 35.26% | 26.2% | 27.61% | 29.32% |
Total Revenue | 97.74B▲ 0% | 101.06B▲ 3.4% | 105.68B▲ 4.6% | 82.23B▼ 22.2% | 83.08B▲ 1.0% | 83.44B▲ 0.4% | 115.34B▲ 38.2% | 125.4B▲ 8.7% | 123.53B▼ 1.5% |
Revenue Growth % | 3.79% | 3.4% | 4.58% | -22.2% | 1.04% | 0.43% | 38.23% | 8.72% | -1.49% |
Non-Interest Expense | 58.48B | 56.13B | 58.18B | 57.63B | 53.76B | 57.2B | 55.56B | 54.6B | 54.84B |
Efficiency Ratio | 59.84% | 55.54% | 55.05% | 70.09% | 64.71% | 68.56% | 48.17% | 43.54% | 44.4% |
Operating Income | 27.38B▲ 0% | 28.54B▲ 4.2% | 25.97B▼ 9.0% | 2.5B▼ 90.4% | 29.56B▲ 1080.2% | 15.63B▼ 47.1% | 21.64B▲ 38.4% | 23.36B▲ 8.0% | 25.2B▲ 7.9% |
Operating Margin % | 28.01% | 28.24% | 24.57% | 3.05% | 35.58% | 18.73% | 18.76% | 18.63% | 20.4% |
Operating Income Growth % | -14.77% | 4.24% | -9.01% | -90.35% | 1080.16% | -47.13% | 38.44% | 7.99% | 7.85% |
Pretax Income | 27.38B▲ 0% | 28.54B▲ 4.2% | 25.97B▼ 9.0% | 2.5B▼ 90.4% | 29.56B▲ 1080.2% | 15.63B▼ 47.1% | 21.64B▲ 38.4% | 23.36B▲ 8.0% | 25.2B▲ 7.9% |
Pretax Margin % | 28.01% | 28.24% | 24.57% | 3.05% | 35.58% | 18.73% | 18.76% | 18.63% | 20.4% |
Income Tax | 4.92B | 5.66B | 5.76B | -1.16B | 5.76B | 2.25B | 2.61B | 3.4B | 3.84B |
Effective Tax Rate % | 17.96% | 19.84% | 22.19% | -46.19% | 19.5% | 14.4% | 12.05% | 14.55% | 15.24% |
Net Income | 22.18B▲ 0% | 22.39B▲ 0.9% | 19.71B▼ 12.0% | 3.38B▼ 82.9% | 22.11B▲ 554.7% | 13.68B▼ 38.1% | 19.14B▲ 40.0% | 19.72B▲ 3.0% | 21.34B▲ 8.2% |
Net Margin % | 22.7% | 22.16% | 18.65% | 4.11% | 26.61% | 16.39% | 16.6% | 15.73% | 17.27% |
Net Income Growth % | 1.12% | 0.95% | -11.96% | -82.87% | 554.69% | -38.14% | 39.96% | 3.03% | 8.19% |
Net Income (Continuing) | 22.46B | 22.88B | 20.21B | 3.66B | 23.8B | 13.38B | 19.03B | 19.96B | 21.36B |
EPS (Diluted) | 4.10▲ 0% | 4.28▲ 4.4% | 4.09▼ 4.4% | 0.41▼ 90.0% | 4.99▲ 1117.1% | 3.14▼ 37.1% | 4.83▲ 53.8% | 5.37▲ 11.2% | 6.32▲ 17.7% |
EPS Growth % | 2.76% | 4.39% | -4.44% | -89.98% | 1117.07% | -37.07% | 53.82% | 11.18% | 17.69% |
EPS (Basic) | 4.14 | 4.31 | 4.12 | 0.42 | 4.99 | 3.17 | 4.88 | 5.43 | 6.39 |
Diluted Shares Outstanding | 5.02B | 4.84B | 4.43B | 4.13B | 4.1B | 3.84B | 3.72B | 3.47B | 3.22B |
Wells Fargo & Company (WFC) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Cash & Short Term Investments | 218.94B | 443.2B | 404.71B | 485B | 411.47B | 272.75B | 362.61B | 363.46B | 471.55B |
Cash & Due from Banks | 215.95B | 173.29B | 141.25B | 264.61B | 234.23B | 159.16B | 237.22B | 203.36B | 174.21B |
Short Term Investments | 2.99B | 269.91B | 263.46B | 220.39B | 177.24B | 113.59B | 125.39B | 160.1B | 297.34B |
Total Investments | 1.41T | 1.4T | 1.43T | 1.38T | 1.41T | 1.41T | 1.38T | 1.35T | 1.5T |
Investments Growth % | -0.36% | -0.43% | 1.97% | -3.58% | 2.14% | -0.13% | -1.72% | -2% | 10.86% |
Long-Term Investments | 1.41T | 1.13T | 1.17T | 1.16T | 1.23T | 1.29T | 1.26T | 1.19T | 1.2T |
Accounts Receivables | 44.81B | 40.37B | 32.24B | 40.95B | 22.78B | 27.12B | 34.47B | 23.03B | 22.98B |
Goodwill & Intangibles | 43.25B | 43.05B | 39.76B | 34.16B | 33.58B | 35.65B | 33.68B | 32.95B | 31.29B |
Goodwill | 26.59B | 26.42B | 26.39B | 26.39B | 25.18B | 25.17B | 25.18B | 25.17B | 24.97B |
Intangible Assets | 16.66B | 16.64B | 13.37B | 7.76B | 8.4B | 10.48B | 8.51B | 7.78B | 6.33B |
PP&E (Net) | 18.51B | 17.96B | 22.25B | 20.59B | 18.56B | 17.98B | 18.24B | 19.43B | 20.04B |
Other Assets | 201.81B | 199.55B | 240.14B | 196.37B | 214.58B | 217.86B | 207.79B | 277.61B | 398.96B |
Total Current Assets | 283.14B | 503.26B | 459.26B | 543.83B | 450.78B | 317.11B | 416.34B | 405.82B | 494.53B |
Total Non-Current Assets | 1.67T | 1.39T | 1.47T | 1.41T | 1.5T | 1.56T | 1.52T | 1.52T | 1.65T |
Total Assets | 1.95T▲ 0% | 1.9T▼ 2.9% | 1.93T▲ 1.7% | 1.95T▲ 1.3% | 1.95T▼ 0.2% | 1.88T▼ 3.4% | 1.93T▲ 2.7% | 1.93T▼ 0.1% | 2.15T▲ 11.3% |
Asset Growth % | 1.12% | -2.86% | 1.67% | 1.32% | -0.25% | -3.44% | 2.74% | -0.14% | 11.34% |
Return on Assets (ROA) | 1.14% | 1.16% | 1.03% | 0.17% | 1.13% | 0.71% | 1% | 1.02% | 1.05% |
Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Debt | 328.28B | 334.83B | 332.7B | 271.95B | 195.1B | 226.01B | 297.15B | 281.88B | 425.72B |
Net Debt | 112.33B | 161.54B | 191.45B | 7.34B | -39.13B | 66.86B | 59.93B | 78.52B | 251.51B |
Long-Term Debt | 224.98B | 229.01B | 228.16B | 212.92B | 160.66B | 174.85B | 207.57B | 173.06B | 174.71B |
Short-Term Debt | 103.26B | 105.79B | 104.51B | 59B | 34.41B | 51.15B | 89.56B | 108.81B | 251.01B |
Other Liabilities | 8.8B | 8.5B | 9.08B | 11.82B | 6.64B | 19.75B | 89.7B | 95.09B | 68.2B |
Total Current Liabilities | 1.51T | 1.46T | 1.5T | 1.54T | 1.59T | 1.5T | 1.45T | 1.48T | 1.72T |
Total Non-Current Liabilities | 233.82B | 237.54B | 237.27B | 229.46B | 170.11B | 194.62B | 297.29B | 268.17B | 242.91B |
Total Liabilities | 1.74T | 1.7T | 1.74T | 1.77T | 1.76T | 1.7T | 1.75T | 1.75T | 1.97T |
Total Equity | 208.08B▲ 0% | 197.07B▼ 5.3% | 187.98B▼ 4.6% | 185.71B▼ 1.2% | 190.11B▲ 2.4% | 182.21B▼ 4.2% | 187.44B▲ 2.9% | 181.07B▼ 3.4% | 183.04B▲ 1.1% |
Equity Growth % | 3.78% | -5.29% | -4.61% | -1.21% | 2.37% | -4.15% | 2.87% | -3.4% | 1.09% |
Equity / Assets (Capital Ratio) | 10.66% | 10.39% | 9.75% | 9.51% | 9.76% | 9.69% | 9.7% | 9.38% | 8.52% |
Return on Equity (ROE) | 10.86% | 11.05% | 10.24% | 1.81% | 11.77% | 7.35% | 10.36% | 10.7% | 11.72% |
Book Value per Share | 41.47 | 40.73 | 42.48 | 44.92 | 46.41 | 47.49 | 50.38 | 52.22 | 56.89 |
Tangible BV per Share | 32.85 | 31.83 | 33.49 | 36.66 | 38.21 | 38.20 | 41.33 | 42.72 | 47.16 |
Common Stock | 9.14B | 9.14B | 9.14B | 9.14B | 9.14B | 9.14B | 9.14B | 9.14B | 9.14B |
Additional Paid-in Capital | 60.89B | 60.69B | 61.05B | 60.2B | 60.2B | 60.32B | 60.55B | 60.82B | 61.29B |
Retained Earnings | 145.26B | 158.16B | 166.7B | 162.68B | 180.32B | 187.97B | 201.14B | 214.2B | 228.87B |
Accumulated OCI | -2.14B | -6.34B | -1.31B | 194M | -1.7B | -13.36B | -11.58B | -12.18B | -6.67B |
Treasury Stock | -29.89B | -47.19B | -68.83B | -67.79B | -79.76B | -82.85B | -92.96B | -111.46B | -128.12B |
Preferred Stock | 25.36B | 23.21B | 21.55B | 21.14B | 20.06B | 19.45B | 19.45B | 18.61B | 16.61B |
Wells Fargo & Company (WFC) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 18.62B | 36.07B | 6.73B | 2.05B | -11.53B | 27.05B | 40.36B | 3.04B | -19B |
Operating CF Growth % | 1747.12% | 93.74% | -81.34% | -69.52% | -661.92% | 334.69% | 49.21% | -92.48% | -726.06% |
Net Income | 22.46B | 22.88B | 20.21B | 3.66B | 23.8B | 13.38B | 19.14B | 19.96B | 21.36B |
Depreciation & Amortization | 5.41B | 5.59B | 6.57B | 8.22B | 7.89B | 6.83B | 6.27B | 7.56B | 7.71B |
Deferred Taxes | 0 | 0 | -3.19B | -3.29B | -1.11B | 1.24B | -50M | -911M | 0 |
Other Non-Cash Items | -44.39B | -40.13B | -44.28B | -35.66B | -75.17B | -23.81B | 9.83B | -3.31B | 3.89B |
Working Capital Changes | 33.1B | 45.48B | 25.15B | 27.35B | 33.06B | 29.41B | 5.28B | -20.27B | -51.96B |
Cash from Investing | -13.15B | -7.75B | -29.63B | 122.55B | -7.62B | -42.48B | 16.04B | -15.65B | -192.41B |
Purchase of Investments | -107.39B | -66.5B | -72.53B | -146.98B | -189.36B | -49.45B | -36.09B | -103.83B | -170.1B |
Sale/Maturity of Investments | 103.88B | 61.22B | 75.75B | 175.64B | 178.11B | 68.68B | 50.14B | 93.94B | 59.64B |
Net Investment Activity | -3.51B | -5.28B | 3.23B | 28.66B | -11.25B | 19.23B | 14.05B | -9.89B | -110.46B |
Acquisitions | -320M | -10M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Investing | -9.32B | -2.46B | -32.86B | 93.89B | 3.63B | -61.71B | 1.99B | -5.76B | -81.95B |
Cash from Financing | -10.92B | -70.98B | -9.14B | -1.24B | -11.24B | -59.65B | 20.49B | -21.53B | 177.59B |
Dividends Paid | -9.11B | -9.31B | -9.59B | -6.14B | -3.63B | -5.29B | -5.93B | -6.23B | -6.48B |
Share Repurchases | -9.91B | -22.78B | -26.08B | -7.02B | -21.14B | -6.03B | -13.58B | -22.29B | -19.52B |
Stock Issued | 1.89B | 632M | 380M | 3.12B | 5.76B | 0 | 1.72B | 2B | 0 |
Net Stock Activity | -8.02B | -22.15B | -25.7B | -3.9B | -15.38B | -6.03B | -11.85B | -20.29B | -19.52B |
Debt Issuance (Net) | -1000K | 1000K | -1000K | -1000K | -1000K | 1000K | 1000K | -1000K | 1000K |
Other Financing | 29.42B | -49.08B | 35.05B | 81.52B | 78.22B | -99.03B | -26.32B | 12.85B | 53.65B |
Net Change in Cash | -5.45B▲ 0% | -42.66B▼ 682.3% | -32.04B▲ 24.9% | 123.36B▲ 485.1% | -30.38B▼ 124.6% | -75.07B▼ 147.1% | 76.89B▲ 202.4% | -34.15B▼ 144.4% | -33.82B▲ 1.0% |
Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash at Beginning | 221.4B | 215.95B | 173.29B | 141.25B | 264.61B | 234.23B | 159.16B | 236.05B | 206.42B |
Cash at End | 215.95B | 173.29B | 141.25B | 264.61B | 234.23B | 159.16B | 236.05B | 201.9B | 172.59B |
Interest Paid | 9.1B | 14.37B | 18.83B | 8.41B | 4.38B | 8.29B | 30.43B | 43.62B | 0 |
Income Taxes Paid | 6.59B | 1.98B | 7.49B | 1.18B | 3.17B | 3.38B | 0 | 1.66B | 0 |
Free Cash Flow | 18.62B▲ 0% | 36.07B▲ 93.7% | 6.73B▼ 81.3% | 2.05B▼ 69.5% | -11.53B▼ 661.9% | 27.05B▲ 334.7% | 40.36B▲ 49.2% | 3.04B▼ 92.5% | -19B▼ 726.1% |
FCF Growth % | 1747.12% | 93.74% | -81.34% | -69.52% | -661.92% | 334.69% | 49.21% | -92.48% | -726.06% |
Wells Fargo & Company (WFC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 11.13% | 10.86% | 11.05% | 10.24% | 1.81% | 11.77% | 7.35% | 10.36% | 10.7% | 11.72% |
Return on Assets (ROA) | 1.18% | 1.14% | 1.16% | 1.03% | 0.17% | 1.13% | 0.71% | 1% | 1.02% | 1.05% |
Net Interest Margin | 2.47% | 2.54% | 2.64% | 2.45% | 2.05% | 1.84% | 2.39% | 2.71% | 2.47% | 2.21% |
Efficiency Ratio | 55.62% | 59.84% | 55.54% | 55.05% | 70.09% | 64.71% | 68.56% | 48.17% | 43.54% | 44.4% |
Equity / Assets | 10.39% | 10.66% | 10.39% | 9.75% | 9.51% | 9.76% | 9.69% | 9.7% | 9.38% | 8.52% |
Book Value / Share | 39.25 | 41.47 | 40.73 | 42.48 | 44.92 | 46.41 | 47.49 | 50.38 | 52.22 | 56.89 |
NII Growth | 5.41% | 3.78% | 0.88% | -5.38% | -15.53% | -10.45% | 25.63% | 16.52% | -8.97% | -0.4% |
Dividend Payout | 34.06% | 33.72% | 34.35% | 41.58% | 143.68% | 10.95% | 30.55% | 25.02% | 26.03% | 25.47% |
Wells Fargo & Company (WFC) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 14, 2026·SEC
Mar 18, 2026·SEC
Mar 17, 2026·SEC
Feb 24, 2026·SEC
Wells Fargo & Company (WFC) stock FAQ — growth, dividends, profitability & financials explained
Wells Fargo & Company (WFC) saw revenue decline by 1.5% over the past year.
Yes, Wells Fargo & Company (WFC) is profitable, generating $21.34B in net income for fiscal year 2025 (17.3% net margin).
Yes, Wells Fargo & Company (WFC) pays a dividend with a yield of 2.05%. This makes it attractive for income-focused investors.
Wells Fargo & Company (WFC) has a return on equity (ROE) of 11.7%. This is reasonable for most industries.
Wells Fargo & Company (WFC) has a net interest margin (NIM) of 2.2%. NIM has been under pressure due to interest rate environment.
Wells Fargo & Company (WFC) has an efficiency ratio of 44.4%. This is excellent, indicating strong cost control.