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

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Net occupancy

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

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

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.

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Cost of revenue

Gross profit

Operating expenses

SG&A

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EBITDA

Net income

Earnings per share

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Book value per share

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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.

The big bank reported strong earnings, but loan losses are rising.

With a Recession Looming, Should Wells Fargo Investors Be Worried?

Citigroup

JPMorgan Chase & Co

Morgan Stanley

Silicon Valley Bank bought up too many long-term assets and too few readily marketable ones. SVB also bought bonds and other debt instruments that were excessively sensitive to interest rate volatility.

The Biggest U.S. Banks Aren't Facing SVB-Like Liquidity Crisis After All

Net interest income on loans exploded higher last year, and those gains persisted through Q1 2023. This profit surge is poised to persist at current levels for some time.

Did You Catch This Bullish Detail in the Big Banks' Q1 Results?

Bank of America

U.S. Bancorp

Charlie Munger (Trades, Portfolio), the renowned investor and chairman of Daily Journal Corp. ( DJCO , Financial), disclosed his California-based publishing company's first-quarter 2023 equity portfolio earlier this month.

3 Undervalued Bank Stocks in Charlie Munger's Portfolio

Wells Fargo's revenue climbed 17% and earnings rose 17% in Q1. Several analysts maintained buy ratings for the big bank following its earnings release.

Why Wells Fargo Stock Was Up on Monday

Goldman Sachs

M&T Bank

PNC Financial Services

Charles Schwab

State Street

First-quarter earnings from the largest U.S. banks are off to a mostly positive beginning despite a tough start to the year for the sector, analysts at Jefferies said Monday.

Bank earnings ‘off to a good start,' with Bank of America and Goldman Sachs on deck

U.S. banking heavyweights set aside billions of dollars in the first quarter to account for potential bad loans, as rising interest rates turn up the heat on borrowers who are just starting to see some relief from inflation.

Factbox: How big U.S. banks are managing bad loan reserves

Wells Fargo Has Easily 25% Upside Near Term

Let's talk about this banking "crisis" one more time

This New Poll Shows Why Bank Stocks Are Primed To Soar

Blackrock Inc

The failure of Silicon Valley Bank (SVB), the second biggest failure in U.S. bank history, clearly has left a nasty taste in the mouth of hedge funds and institutional investors.

Mega-Banks Crushed Earnings and Wall Street Hates Them: 6 Big Dividend Winners

Earnings season for the banking sector stocks is typically a reliable indicator, a window perhaps, into the state of economic affairs and how the industry that "does" money is positioned as the banks reflect their future outlooks in their operations and financials. In the case of Citigroup (NYSE: C) and JP Morgan Chase & Co (NYSE: JPM), the focus seems to be on making sure there is enough liquidity to go around amid the recent liquidity crises and even flat-out collapses in regional banks, with a further decline in revenues from investment banking businesses.

Wells Fargo Beats Expectations, Yet Warning Signs Arise

Bank of New York Mellon

First Republic

Kinder Morgan

Ovintiv

Occidental Petroleum

Invesco WilderHill Clean Energy ETF

Permian Resources Corp

Pioneer Natural Resources

First Trust NASDAQ Clean Edge Green Energy Index Fund

SVB Financial Group

Exxon Mobil

sankai Listen on the go! Subscribe to Wall Street Breakfast on Apple Podcasts and Spotify 2:00 - Fed rhetoric and interest rates 4:50 - Recent bank earnings, what it means for the financial sector.

Bank Earnings, Charles Schwab Takeover And Clean Energy With Kirk Spano

We take a look at the action in preferreds and baby bonds through the first week of April and highlight some of the key themes we are watching. Preferreds were roughly flat on the week as lower Treasury yields were offset by wider credit spreads.

Preferreds Weekly Review: Issuers Are Providing Guidance On LIBOR Transition

Citigroup, JPMorgan, PNC, and Wells Fargo are preparing for an impending recession by increasing their provisions for credit losses. This is prudent risk management, especially in light of recent banking sector turmoil.

Big U.S. Banks Are Preparing For An Impending Recession

There was plenty to like in these quarterly results, with higher interest rates helping these big players expand their margins while demand for loans remained strong, helping loan portfolios grow.

Analyzing Q1 Bank Earnings: Good or Bad?

Banxa Holdings Inc said its fiscal 2022 financial results reflect the explosion of transaction volumes amid one of the largest bull markets in crypto to date.

JPMorgan, Wells Fargo and Citigroup stock soars on positive earnings and more stories from the world of finance

The major indexes closed lower Friday on hawkish Fed speak and dismal retail sales data.

Stock Market Today: Big Bank Earnings Fail to Lift Stocks

Wells Fargo & Company (WFC) Q1 2023 Earnings Call Transcript

Some of the largest U.S. banks singled out office commercial real estate on Friday as an area of growing concern, with property values falling and more borrowers defaulting on their loans amid rising interest rates and a slowing economy.

U.S. banks highlight office real estate as next big worry

JPMorgan, Citi and Wells Fargo all kicked off Q1 earnings reports season with better-than-expected results, which beat Wall Street's estimates.

JPMorgan, Citi And Wells Fargo All Beat Wall Street's Expectations, But Looming Credit Crunch Could Burst Bubble

Shares of Wells Fargo & Co (NYSE: WFC) are roughly flat this morning even though the financial services behemoth reported market-beating results for its fiscal first quarter. Expert reacts to Wells Fargo Q1 results The multinational recorded $948.7 billion of loans for its Q1 versus $958 billion expected but better than $911.

Wells Fargo Q1 earnings: ‘they're managing through pretty well'

Higher interest rates and a decent trading performance aid Wells Fargo's (WFC) Q1 earnings amid gloomy mortgage banking prospects.

Wells Fargo (WFC) Q1 Earnings Beat Estimates on NII, Costs Dip

U.S. banking heavyweights reaped windfalls from higher interest payments in the first quarter, brushing off a sector shake-down and taking the opportunity to set aside billions of dollars in case loans turn sour as the economic outlook dims.

U.S. bank giants ride rate rises, keep storm clouds at bay

While the top- and bottom-line numbers for Wells Fargo (WFC) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Wells Fargo (WFC) Q1 Earnings: A Look at Key Metrics

Bank stocks are on the move Friday after several companies in the sector released their earnings reports today. Starting off with JPMorgan Chase (NYSE: JPM ), the company reported adjusted earnings per share of $4.32 on revenue of $39.34 billion.

News for Wells Fargo Stock (WFC)