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.

Bank of America

JPMorgan Chase & Co

SVB Financial triggered significant concerns about bank funding and liquidity when it announced multiple moves intended to improve asset sensitivity and raised capital on dilutive terms. Bank of America, JPMorgan, and Wells Fargo aren't immune to the impact of higher funding costs, but their liquidity situations are far different than SVB's positioning.

Liquidity Fears Drive Selloff In Banks, But BofA, JPMorgan, And Wells Fargo Should Be Fine

Morgan Stanley

JPMorgan, Bank of America, Wells Fargo and Morgan Stanley saw $55 billion wiped off their combined market capitalization on Thursday.

Wall Street's 4 top banks just had $55 billion wiped off their market value in a single day

Silvergate Capital Corp

First Republic

SPDR S&P Regional Banking ETF

PacWest Bancorp

SVB Financial Group

"This adds to concerns of higher deposit costs, weakening loan demand, potentially weakening credit cycle and weakness in commercial real estate."

Bank stocks plunge after implosions at Silicon Valley Bank and Silvergate Capital send 'shock waves' through the sector

Hosted alongside Wells Fargo and NBC News/MSNBC anchor Richard Lui; seminars open to community organizations will take place at AMC Theatres in New York and San Francisco in March NEW YORK , March 7, 2023 /PRNewswire/ -- In response to the alarming rise in hate incidents across major U.S. cities, Right To Be  (formerly Hollaback!), a nonprofit working to end harassment in all its forms, and  Wells Fargo  have joined forces to hold bystander intervention workshops at AMC Theatres in New York City (March 9) and San Francisco (March 15).

RIGHT TO BE HOSTS BYSTANDER INTERVENTION WORKSHOPS TO COMBAT RISE IN HARASSMENT AND DISCRIMINATION

Wells Fargo (WFC) is eliminating more than 500 jobs from its mortgage unit workforce due to the company stepping back from the mortgage business.

Wells Fargo (WFC) Reduces Mortgage Workforce on Strategy Rejig

Citigroup

Charles Schwab

Block

U.S. Bancorp

Bridgewater Associates, the fund formerly run by Ray Dalio, has more than $235 billion in assets under management.

The World's Largest Hedge Fund Recently Loaded Up in This Sector

Wells Fargo & Co laid off hundreds of mortgage bankers this week as part of its recent strategic shift, CNBC reported on Wednesday, citing people with knowledge of the matter.

Wells Fargo lays off mortgage bankers - CNBC

Some Wells Fargo bankers were successful enough last year to be flown to a resort in Palm Desert, California, for a company-sponsored conference this month.

Wells Fargo lays off mortgage bankers days after rewarding some with California retreat

Wells Fargo is preparing to launch a digital platform offering clients tools for wealth management.

Wells Fargo to Launch Digital Platform for Wealth Management

CEO Charlie Scharf has highlighted wealth management as one source of growth for the company, along with credit cards and investment banking.

Wells Fargo seeks to catch faster-growing rivals by boosting engagement with rich clients

Wells Fargo has disclosed it's under investigation over its handling of electronic communication records, the latest salvo by Wall Street's regulators to crack down on the use of tools like WhatsApp.

Months after Wall Street hit with $1.8 billion in fines over WhatsApp, Wells Fargo says it's under investigation over retaining electronic records

Wells Fargo was a long-term favorite of Warren Buffett, but he recently sold all his shares after holding shares for nearly 33 years. Wells Fargo's earnings report was strong as consumer and credit card spending rose. Still, the CFO Mike Santomassimo warned about the near future of the U.S. economy.

Wells Fargo: Short-Term Outlook Is Mixed

The numbers were messy, as usual, but Wells Fargo posted good fourth-quarter results, headlined with strong spread income growth. Wells Fargo is well-placed to significantly outperform its peers in terms of pre-provision profit growth in 2023, as well as in returning capital to shareholders.

Wells Fargo: More Capital And Growth Potential Than Peers, But Also More Risk

Wells Fargo & Company (NYSE:WFC ) 24th Annual Financial Services Forum February 14, 2023 8:35 AM ET Company Participants Mike Santomassimo - CFO Conference Call Participants Susan Katzke - Credit Suisse Susan Katzke So, good morning again to everybody in the room. For those of you with us virtually, I'm Susan Katzke.

Wells Fargo & Company (WFC) 24th Annual Financial Services Forum (Transcript)

Choice Hotels Int.

Mastercard

ROCKVILLE, Md., Feb. 14, 2023 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH)—one of the world's largest lodging franchisors—has finalized a multi-year agreement with Wells Fargo and Mastercard to launch a new cobranded credit card program this spring.

Choice Hotels, Wells Fargo, and Mastercard to Launch New Cobranded Credit Card

Comcast

CME Group

Alphabet

Lam Research

ServiceNow

Palo Alto Networks

Workday

Our 3-step process focuses on wide-moat stocks (as per Morningstar's rating). We are only interested in those targets that are attractively valued in historical comparison.

U.S. Wide-Moat Stocks On Sale: The February 2023 Heat Map

Banks are essential parts of the modern financial ecosystem. They effectively offer a “safe” place for your money, which encourages people to deposit funds.

2 U.S. Banking Stocks to Hedge Against Rising Rates

After a shaky 2022, bank stocks have soared in the first few months of 2023. Investors are becoming more confident that the Federal Reserve can guide the U.S. economy to a “soft landing” as inflation declines.

Three U.S. banking stocks to watch in 2023

3 U.S. banking stocks to watch in 2023

Wells Fargo has agreed to pay $300 million to settle a lawsuit brought by shareholders who claim the company pushed unneeded insurance policies on customers and hid it from investors.

Wells Fargo agrees to pay $300M to settle shareholder lawsuit over auto insurance disclosures

Wells Fargo to Present at the Credit Suisse Financial Services Forum

Clorox

Camden Property

Corteva Inc

Lamb Weston Hlds

Match Group

Rockwell Automation

Seagate Technology Holdings PLC

T-Mobile US

Weyerhaeuser

Looking for reasons to celebrate during the fourth-quarter profit season? A few standout S&P 500 companies just gave you some big ones.

11 Companies Just Demolished Analysts' Profit Forecasts

These two megabanks are both in turnaround mode.

Better Buy: Wells Fargo or Citigroup?

Mortgage applications volume fell by the most in a month in the last week of January despite easing rates, according to Mortgage Bankers Association report.

Mortgage applications decreased over the last week

SAN FRANCISCO--( BUSINESS WIRE )--Wells Fargo Bank, N.A., said today it is increasing its prime rate to 7.75 percent from 7.50 percent, effective tomorrow, Feb. 2, 2023.

News for Wells Fargo Stock (WFC)