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

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Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Interest expense

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Year over year growth in Revenue and Operating Expenses.

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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

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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.

Wells Fargo & Company (NYSE:WFC ) Goldman Sachs 2022 US Financial Services Conference December 6, 2022 8:00 AM ET Company Participants Charlie Scharf - Chief Executive Officer Conference Call Participants Unidentified Analyst Okay. So, I'd like to welcome everybody on my behalf to the 33rd Goldman Annual Financial Services Conference.

Wells Fargo & Company (WFC) Goldman Sachs 2022 US Financial Services Conference (Transcript)

SAN FRANCISCO--( BUSINESS WIRE )--Wells Fargo & Company (NYSE: WFC) today unveiled Vantage℠, a new digital banking platform for Commercial Banking and Corporate & Investment Banking clients. Previously known as the Commercial Electronic Office® – or CEO® Portal – Vantage℠ offers enhanced features to drive a more personalized experience through artificial intelligence (AI) and machine learning (ML) that meet the financial needs of businesses in any stage of growth. Whether it's a startup in its series A funding round or one of the world's largest companies, Vantage℠ scales right along with a client, offering a one-stop-shop digital banking experience.

Wells Fargo's Vantage℠ Platform Enhances Commercial and Corporate Clients' Digital Experience, Grows with Businesses at Scale

Merck

Exxon Mobil

Wondering how to invest in stocks and mutual funds amid a grim market? Red-hot Invesco Comstock Select Fund is doubling down on its strategy.

Hot Fund To SEC: We're Boosting Bets On Best Stock Picks

Wells Fargo & Co has cut hundreds of jobs in its mortgage business across the country, Bloomberg News reported on Thursday citing people familiar with the bank's plans.

Wells Fargo cuts hundreds of jobs in mortgage business - Bloomberg News

SAN FRANCISCO--( BUSINESS WIRE )--Wells Fargo has been named Global Best in Service for U.S. Dollar cash management for financial institutions by Euromoney magazine in their 2022 Cash Management Financial Institutions Survey. In its 21st year, the annual survey asks cash managers, treasurers, and financial officers worldwide to rank and assess their top providers of cash management services.

Wells Fargo Named a Global Best in Service Winner by Euromoney Magazine

SAN FRANCISCO--( BUSINESS WIRE )--Wells Fargo & Company (NYSE: WFC) said today that Chief Executive Officer Charlie Scharf will present at the Goldman Sachs US Financial Services Conference on Tuesday, Dec. 6, 2022, at 8:00 a.m. ET.

Wells Fargo to Present at the Goldman Sachs US Financial Services Conference

Amgen

CVS Health

Elevance Health Inc

Home Depot

The third quarter of 2022 was another discouraging period for investors. Inflation kept going strong, the Federal Reserve continued raising interest rates and even the housing market began showing signs of weakness as consumers were slammed by the combination of rising costs and increasing mortgage rates.

The Most-Sold Guru Stocks of the 3rd Quarter

Bank of America

JPMorgan Chase & Co

The pandemic supercharged money-transfer services. Zelle recorded some 1.8 billion transactions in 2021 totaling $490 billion, more than double prepandemic levels.

JPMorgan, other banks in talks to reimburse scammed Zelle customers

Ford Motor Company

Lincoln National

iShares Preferred and Income Securities ETF 

Prospect Capital

AT&T

Many preferred issues yield 6% or more and offer investors good dividend security since they are a senior form of equity.

6 Preferred Stocks That Offer Safety and High Yields

SAN FRANCISCO--( BUSINESS WIRE )--Despite wanting to invest, today's market conditions have more than three-quarters (77%) of investors concerned about fluctuations in the market and two-thirds (66%) say they are nervous about their money, according to a new study by Wells Fargo & Company.

Investors Putting Less in the Stock Market to Pay for Everyday Essentials

The American Customer Satisfaction Survey (ACSI) is one of the most widely followed studies of customer opinions across dozens of industries.

Wells Fargo Is America's Worst Bank, Survey Shows

NEW YORK--( BUSINESS WIRE )--Wells Fargo & Company (NYSE: WFC) and HSBC Bank plc today announced that the blockchain-based solution they are using for bilateral FX settlements is expanding to include the offshore yuan (CNH). The offshore yuan marks the fifth currency to be settled between the two banks using a shared settlement ledger that currently encompasses the U.S. dollar, Canadian dollar, British pound sterling, and the euro. Since launching the shared DLT solution in December 2021, HSBC and Wells Fargo have settled over $200 billion in transactions and plan to add additional currencies over the coming months.

Wells Fargo and HSBC Expand DLT Solution to Include Offshore Yuan

Wells Fargo & Co introduced small-dollar loans to customers online, the bank said Wednesday, as overdraft fees draw greater scrutiny in the United States.

Wells Fargo starts small-dollar loans amid overdraft scrutiny

SAN FRANCISCO--( BUSINESS WIRE )--To help meet short-term cash needs, eligible customers now have another option with the newest product from Wells Fargo & Company (NYSE: WFC) – Flex Loan. Flex Loan is a digital-only, small-dollar loan that will provide millions of eligible customers convenient and affordable access to funds when they need it most. Flex Loan is available now in select markets and will be available nationwide by the end of the year.

Wells Fargo Introduces Flex Loan to Give Customers More Options

General Motors

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Ryman Hospitality Properties

About half of my stocks pay dividends, but these are the five I've put the most of my own capital into.

Here Are My 5 Largest Dividend Stock Investments Right Now

Citigroup

Goldman Sachs

Morgan Stanley

Banks could face tighter liquidity and earnings pressure as rates they pay for funding rise, while yields on the bonds they own stay low.

Rising Rates Hit Banks' Bond Holdings

The megabank is cheap and is outperforming its peers this year, but as a long-term investment it has fallen short.

Wells Fargo May Look Cheap, But I'm Not Buying

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) has updated the date it will report its fourth quarter 2022 earnings results to Friday, Jan. 13, 2023, at approximately 7:00 a.m.

Wells Fargo to Announce Fourth Quarter Earnings on Jan. 13, 2023

We look at low-risk stable income investments for those who have the least risk tolerance. Buy now and hold for decades to come.

Income Preferred Stocks, For Widows And Orphans

The six major U.S. banks are behind more than one-third of the financing going to expanding fossil-fuel extraction, according to an update to a closely followed annual report by a collection of climate-change policy groups.

JPMorgan Chase and 5 other U.S. mega banks behind a third of the global funding expanding coal, oil and gas

loanDepot

Lowe's

Opendoor

Redfin

Last week, home-selling platform Opendoor blamed "one of the most challenging real estate markets in 40 years" as it laid off 550 workers, and Wells Fargo is reportedly eyeing thousands of job cuts.

Housing Market Braces For Rising Layoffs ‘Soon' As Mortgage Lenders, Home Sellers Cut Thousands Of Jobs

Wells Fargo had to cut its dividend significantly early in the pandemic.

Here's Why Wells Fargo Can Keep Raising Its Dividend

Hanesbrands

McCormick

Pinterest

Snap

STORE Capital

Walgreens

October turned out to be the best month for the Dow Jones Industrial Average in a long time.

Now's a Good Time to Buy Stocks

Wells Fargo is under pressure from the U.S. Consumer Financial Protection Bureau (CFPB) to pay more than $1 billion to settle a slew of investigations into customer mistreatment, Bloomberg News reported, citing people familiar with the matter.

Wells Fargo under pressure from CFPB to pay over $1 bln in fine- Bloomberg News

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Bank, N.A.

News for Wells Fargo Stock (WFC)