Wells Fargo & Company (WFC) Earnings History
Elite Compounder37 years of earnings data (1989–2025) · 5-year EPS CAGR exceeds 18% — top-tier earnings quality
Loading earnings history...
Wells Fargo & Company (WFC) Earnings Overview
As of June 20, 2026, Wells Fargo & Company (WFC) reported trailing twelve-month net income of $21.34B, reflecting +17.7% year-over-year growth. The company earned $6.63 per diluted share over the past four quarters, with a net profit margin of 17.3%.
Looking at the long-term picture, WFC's 5-year EPS compound annual growth rate (CAGR) stands at +72.8%, indicating exceptional earnings growth. The company achieved its highest annual net income of $23.06B in fiscal 2014.
Wells Fargo & Company maintains industry-leading profitability with a gross margin of 64.8%, operating margin of 20.4%, and net margin of 17.3%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including JPM ($57.05B net income, 20.4% margin), BAC ($30.51B net income, 15.9% margin), C ($14.27B net income, 8.5% margin), WFC has room to improve margins relative to the peer group. Compare WFC vs JPM →
WFC Earnings vs Peers
Earnings metrics vs comparable public companies
WFC Historical Earnings Data (1989–2025)
37 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $21.34B | +8.2% | $25.20B | $6.32 | 17.3% | 20.4% |
| 2024 | $19.72B | +3.0% | $23.36B | $5.37 | 15.7% | 18.6% |
| 2023 | $19.14B | +40.0% | $21.64B | $4.83 | 16.6% | 18.8% |
| 2022 | $13.68B | -38.1% | $15.63B | $3.14 | 16.4% | 18.7% |
| 2021 | $22.11B | +554.7% | $29.56B | $4.99 | 26.6% | 35.6% |
| 2020 | $3.38B | -82.9% | $2.50B | $0.41 | 4.1% | 3.0% |
| 2019 | $19.71B | -12.0% | $25.97B | $4.09 | 18.7% | 24.6% |
| 2018 | $22.39B | +0.9% | $28.54B | $4.28 | 22.2% | 28.2% |
| 2017 | $22.18B | +1.1% | $27.38B | $4.10 | 22.7% | 28.0% |
| 2016 | $21.94B | -4.2% | $32.12B | $3.99 | 23.3% | 34.1% |
| 2015 | $22.89B | -0.7% | $33.64B | $4.12 | 26.1% | 38.3% |
| 2014 | $23.06B | +5.4% | $33.91B | $4.10 | 26.8% | 39.4% |
| 2013 | $21.88B | +15.8% | $32.63B | $3.89 | 25.3% | 37.7% |
| 2012 | $18.90B | +19.1% | $28.47B | $3.36 | 21.1% | 31.7% |
| 2011 | $15.87B | +28.4% | $23.66B | $2.82 | 18.4% | 27.5% |
| 2010 | $12.36B | +0.7% | $19.00B | $2.21 | 13.4% | 20.5% |
| 2009 | $12.28B | +362.3% | $18.00B | $1.75 | 12.5% | 18.3% |
| 2008 | $2.65B | -67.0% | $3.30B | $0.75 | 5.1% | 6.3% |
| 2007 | $8.06B | -4.3% | $11.84B | $2.38 | 15.2% | 22.4% |
| 2006 | $8.42B | +9.8% | $12.65B | $2.47 | 17.8% | 26.8% |
| 2005 | $7.67B | +9.4% | $11.55B | $2.25 | 19.2% | 28.9% |
| 2004 | $7.01B | +13.1% | $10.77B | $2.05 | 20.9% | 32.2% |
| 2003 | $6.20B | +14.1% | $9.48B | $1.83 | 19.5% | 29.8% |
| 2002 | $5.43B | +59.3% | $8.85B | $1.58 | 18.6% | 30.3% |
| 2001 | $3.41B | -15.3% | $5.46B | $0.99 | 12.3% | 19.7% |
| 2000 | $4.03B | +0.3% | $6.55B | $1.16 | 14.6% | 23.8% |
| 1999 | $4.01B | +105.7% | $6.35B | $1.15 | 16.8% | 26.6% |
| 1998 | $1.95B | -22.0% | $3.29B | $0.59 | 9.5% | 16.1% |
| 1997 | $2.50B | +12.2% | $4.19B | $0.74 | 13.0% | 21.8% |
| 1996 | $2.23B | +133.1% | $3.77B | $0.68 | 12.7% | 21.4% |
| 1995 | $956M | +19.4% | $1.42B | $0.68 | 12.6% | 18.8% |
| 1994 | $800M | +22.5% | $1.18B | $0.60 | 13.3% | 19.6% |
| 1993 | $654M | +46.3% | $938M | $0.47 | 12.4% | 17.8% |
| 1992 | $447M | +12.1% | $700M | $0.30 | 9.7% | 15.1% |
| 1991 | $399M | +42.0% | $475M | $0.37 | 9.0% | 10.7% |
| 1990 | $281M | +18.4% | $375M | $0.34 | 8.1% | 10.8% |
| 1989 | $237M | - | $318M | $0.32 | 8.1% | 10.9% |
Download Data
Export WFC earnings history in CSV or JSON format
Free sign-in required to download data
Full Stock Analysis
Deep dive into WFC consensus models and risk factors.
Should I Buy WFC?
Wall Street verdict, signals, and target summaries.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
37+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
WFC — Frequently Asked Questions
Quick answers to the most common questions about buying WFC stock.
What is WFC earnings per share (EPS)?
WFC trailing twelve-month (TTM) diluted EPS is $6.63, reflecting +17.7% year-over-year growth. The 5-year EPS CAGR is +72.8%. Complete EPS history from 1989 to 2025 is available in the table on this page.
What is Wells Fargo & Company's net income?
Wells Fargo & Company (WFC) trailing twelve-month net income is $21.3B as of 2025. Earnings grew +17.7% year-over-year. Wells Fargo & Company has been profitable for 37 consecutive years.
Is WFC profitable?
Yes, WFC is profitable with a TTM net income of $21.3B and a net profit margin of +17.3%. Wells Fargo & Company has generated profits for 37 consecutive years.
What is WFC's earnings growth rate?
WFC compound annual EPS growth rates (CAGR): 1-Year: +17.7%, 3-Year: +26.3%, 5-Year: +72.8%, 10-Year: +4.4%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 1989 to 2025.
What are WFC's profit margins?
Wells Fargo & Company net profit margin is +17.3%, operating margin is +20.4%, and gross margin is +64.8%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +11.7%.
Is WFC growing earnings?
Yes, WFC earnings are accelerating — EPS growth of +17.7% exceeds the 5-year CAGR of +72.8%. TTM net income reached $21.3B. Earnings momentum is strengthening.
What was WFC's best earnings year?
Wells Fargo & Company's highest annual net income on record is $23.1B, achieved in fiscal year 2014. Earnings history on this page spans 1989 to 2025 and includes all annual and quarterly figures.
What were WFC's earnings last quarter?
WFC's most recent reported quarter was Q4 2025. Net income was $5.4B with diluted EPS of $1.67. For a full breakdown of all quarters, see the quarterly earnings table on this page.