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

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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

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Book value per share

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Funds from operations

Change in working capital

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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 bank has struggled since its phony-accounts scandal, but has also started to turn things around over the last few years.

Will Wells Fargo Be a Trillion-Dollar Stock by 2032?

New York, New York--(Newsfile Corp. - August 19, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Wells Fargo & Company (NYSE: WFC) between February 24, 2021 and June 9, 2022, both dates inclusive (the "Class Period"), of the important August 29, 2022 lead plaintiff deadline.

ROSEN, A Leading Law Firm, Encourages Wells Fargo & Company Investors to Secure Counsel Before Important August 29 Deadline in Securities Class Action - WFC

Bank of America

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Morgan Stanley

Since the end of June, five of the six largest U.S. banks have outperformed the S&P 500's 13% gain.

Bank Stocks Make a Comeback After Sharp Sell Off

Wells Fargo is leveraged to higher rates, loan growth, and improving operating leverage, and is likely to see strong core earnings growth in FY'23 and into FY'24. Deposit betas are rising more than the Street expected and consistent with my expectations, and I believe this is going to lead to more selectivity in lending.

Wells Fargo Looks Undervalued Ahead Of Earnings Acceleration

NEW YORK , Aug. 16, 2022 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Wells Fargo & Company (NYSE: WFC) between February 24, 2021 and June 9, 2022, both dates inclusive (the "Class Period"), of the important August 29, 2022 lead plaintiff deadline. SO WHAT: If you purchased Wells Fargo securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, SKILLED INVESTOR COUNSEL, Encourages Wells Fargo & Company Investors to Secure Counsel Before Important August 29 Deadline in Securities Class Action - WFC

Wells Fargo & Co. said it's weighing the size of its mortgage business in the face of a “dramatically smaller originations market” as home buyers retreat from higher interest rates and lending capital grows more scarce.

Wells Fargo eyes ‘dramatically smaller' mortgage origination market as it weighs the size of its business

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo announced today the issuance of its second Inclusive Communities and Climate Bond, a $2 billion bond that will finance projects and programs supporting housing affordability, economic opportunity, renewable energy, and clean transportation. “Through the issuance of this second Sustainability Bond, Wells Fargo is continuing our commitment to strong, resilient communities,” said Chief Sustainability Officer Robyn Luhning. “These efforts are important fo

Wells Fargo Issues $2 Billion Inclusive Communities and Climate Bond

Wells Fargo is planning a retreat in its mortgage activities, according to a published report.

Wells Fargo reportedly planning retreat in mortgage business

New York, New York--(Newsfile Corp. - August 14, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Wells Fargo & Company (NYSE: WFC) between February 24, 2021 and June 9, 2022, both dates inclusive (the "Class Period"), of the important August 29, 2022 lead plaintiff deadline.

ROSEN, RESPECTED INVESTOR COUNSEL, Encourages Wells Fargo & Company Investors With Losses to Secure Counsel Before Important August 29 Deadline in Securities Class Action - WFC

New York, New York--(Newsfile Corp. - August 12, 2022) - Pomerantz LLP announces that a class action lawsuit has been filed against Wells Fargo & Company ("Wells Fargo" or the "Company") (NYSE: WFC) and certain of its officers.

Shareholder Alert: Pomerantz Law Firm Reminds Shareholders with Losses on Their Investment in Wells Fargo & Company of Class Action Lawsuit and Upcoming Deadline - WFC

Federal Home Loan Mortgage Corporation

Redfin

Freddie Mac (OTCMKTS:FMCC) reported the 30-year fixed-rate mortgage averaged 5.22% as of Aug.

Housing Beat for Aug. 11: Mortgage Rates Above 5% Again, Home Prices Keep Rising

New York, New York--(Newsfile Corp. - August 11, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Wells Fargo & Company (NYSE: WFC) between February 24, 2021 and June 9, 2022, both dates inclusive (the "Class Period"), of the important August 29, 2022 lead plaintiff deadline.

ROSEN, A LEADING AND LONGSTANDING FIRM, Encourages Wells Fargo & Company Investors to Secure Counsel Before Important Deadline in Securities Class Action - WFC

New York, New York--(Newsfile Corp. - August 10, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Wells Fargo & Company (NYSE: WFC) between February 24, 2021 and June 9, 2022, both dates inclusive (the "Class Period"), of the important August 29, 2022 lead plaintiff deadline.

ROSEN, Top Ranked Investor Counsel, Encourages Wells Fargo & Company Investors with Losses Exceeding $100K to Secure Counsel Before Important Deadline in Securities Class Action - WFC

Wells Fargo and Mentor Collective Team Up to Create Lasting Socioeconomic Change for HBCU Students BOSTON , Aug. 10, 2022 /PRNewswire/ -- Wells Fargo and the Thurgood Marshall College Fund (TMCF) have announced the winners for this year's College Completion Scholarship Program . Awarded to a minimum of two hundred (200) senior scholars attending TMCF-member schools, the spring scholarship provides up to $5,000 for the 2021-22 academic year and career mentorship from leading large-scale mentorship program provider Mentor Collective.

Thurgood Marshall College Fund Provides Scholarship Winners with Career Advancing Mentorships

NEW YORK , Aug. 9, 2022 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Wells Fargo & Company (NYSE: WFC) between February 24, 2021 and June 9, 2022, both dates inclusive (the "Class Period"), of the important August 29, 2022 lead plaintiff deadline. SO WHAT: If you purchased Wells Fargo securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, A LEADING LAW FIRM, Encourages Wells Fargo & Company Investors to Secure Counsel Before Important Deadline in Securities Class Action - WFC

Equifax

Fair Isaac

TransUnion

Up your credit score to gain access to the lowest interest rates for a mortgage and other loans. The post How To Boost Your Credit Score And Save Thousands appeared first on Investor's Business Daily.

How To Boost Your Credit Score And Save Thousands

Apple

Alphabet

Tesla

Exxon Mobil

Buying Cheap Stocks Isn't the Same as Value Investing -- It Pays to Know the Difference

New York, New York--(Newsfile Corp. - August 6, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Wells Fargo & Company (NYSE: WFC) between February 24, 2021 and June 9, 2022, both dates inclusive (the "Class Period"), of the important August 29, 2022 lead plaintiff deadline.

ROSEN, Leading Investor Counsel, Encourages Wells Fargo & Company Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action - WFC

New York, New York--(Newsfile Corp. - August 5, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Wells Fargo & Company (NYSE: WFC) between February 24, 2021 and June 9, 2022, both dates inclusive (the "Class Period"), of the important August 29, 2022 lead plaintiff deadline.

ROSEN, National Trial Lawyers, Encourages Wells Fargo & Company Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action - WFC

Surging interest rates and home prices that have yet to decline have put housing out of reach for many Americans and shut the refinance pipeline for lenders.

A 'shakeout' among mortgage lenders is coming, according to CEO of bank that left the business

NEW YORK , Aug. 2, 2022 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Wells Fargo & Company (NYSE: WFC) between February 24, 2021 and June 9, 2022, both dates inclusive (the "Class Period"), of the important August 29, 2022 lead plaintiff deadline. SO WHAT: If you purchased Wells Fargo securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, NATIONAL TRIAL LAWYERS, Encourages Wells Fargo & Company Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action - WFC

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) announced Amrita Patel will lead Wells Fargo Equipment Finance (WFEF), which offers specialized financing for purchase, acquisition or leasing of assets pertaining to equipment, transportation and rental fleets, as well as comprehensive vendor and dealer programs. Patel will report to Mary Katherine DuBose, head of the bank's secured lending and leasing businesses within Wells Fargo Commercial Banking. Bill Mayer, who led WFE

Amrita Patel to lead Wells Fargo Equipment Finance

Wells Fargo reinstated a hiring policy that requires recruiters to interview a diverse pool of candidates nearly two months after its suspension in June, the bank said on Monday.

Wells Fargo reinstates diverse slate hiring policy following June pause

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) announced today that it is reinstating its diverse candidate slate guidelines following a pause that started in June. Over the past six weeks, the company completed a review of diverse candidate slate hiring approaches and interviewed Wells Fargo recruiters and hiring managers to determine what's working and what's not. The company has also engaged a broader set of employees in listening sessions since mid-May. “We are recomm

Wells Fargo Completes Comprehensive Review of Diverse Candidate Slate Guidelines

New York, New York--(Newsfile Corp. - July 30, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Wells Fargo & Company (NYSE: WFC) between February 24, 2021 and June 9, 2022, both dates inclusive (the "Class Period"), of the important August 29, 2022 lead plaintiff deadline.

ROSEN, A Top Ranked Law Firm, Encourages Wells Fargo & Company Investors with Losses Exceeding $100K to Secure Counsel Before Important Deadline in Securities Class Action - WFC

News for Wells Fargo Stock (WFC)