Revenue segments as reported by the company.

Interest income

Noninterest income

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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.

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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 ) Q2 2022 Earnings Conference Call July 15, 2022 10:00 AM ET Company Participants John Campbell - Director, Investor Relations Charlie Scharf - Chief Executive Officer Mike Santomassimo - Chief Financial Officer Conference Call Participants Ken Usdin - Jefferies John McDonald - Autonomous Research Steven Chubak - Wolfe Research Scott Siefers - Piper Sandler John Pancari - Evercore ISI Erika Najarian - UBS Ebrahim Poonawala - Bank of America Gerard Cassidy - RBC Capital Markets Betsy Graseck - Morgan Stanley Vivek Juneja - JPMorgan Matt O'Connor - Deutsche Bank Operator Welcome, and thank you for joining the Wells Fargo Second Quarter 2022 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.

Wells Fargo & Company (WFC) CEO Charlie Scharf on Q2 2022 Results - Earnings Call Transcript

Higher provisions, fall in origination volume and lower fee income hurt Wells Fargo's (WFC) Q2 earnings.

Wells Fargo (WFC) Q2 Earnings Lag on Provisions, Weak Mortgage

WFC stock is the latest to report a decline in profits as the economic picture in the U.S. deteriorates with rising interest rates. The post Wells Fargo (WFC) Stock Falls as Profit Tanks 48% appeared first on InvestorPlace.

Wells Fargo (WFC) Stock Falls as Profit Tanks 48%

Wells Fargo (WFC) delivered earnings and revenue surprises of -3.90% and 2.47%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Wells Fargo (WFC) Misses Q2 Earnings and Revenue Estimates

Los Angeles, California--(Newsfile Corp. - July 15, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wells Fargo & Company ("Wells Fargo" or "the Company") (NYSE: WFC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 24, 2021 and June 9,...

SHAREHOLDER ACTON REMINDER: The Schall Law Firm Encourages Investors in Wells Fargo & Company with Losses of $100,000 to Contact the Firm

Citigroup

Citigroup Inc. on Friday delivered better-than-expected profit and revenue but its earnings still fell along with Wells Fargo & Co. amid more difficult market conditions than a year ago.

Citigroup provides upside surprise and share rise while Wells Fargo misses

Profit in the latest second quarter at Wells Fargo totaled $3.1 billion, down 48% from the year-ago quarter.

Wells Fargo Results Miss Analysts' Expectations

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) has released its second quarter 2022 financial results. The financial results are available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/ and on a Form 8-K filed by the company with the Securities and Exchange Commission (SEC) on July 15, 2022, and available on the SEC's website at www.sec.gov. Conference call The company will host a live conference call on Friday, July 15, at 10:00 a.m. Ea

Wells Fargo Reports Second Quarter 2022 Financial Results

Wells Fargo is the most mortgage-dependent of the six biggest U.S. banks. Sharply higher interest rates are expected to curtail purchase and refinance activity.

Wells Fargo profit falls as the bank sets aside funds for bad loans, company's shares fall 3%

Wells Fargo & Co. WFC, -0.84% shares fell 3.5% in premarket trades Friday after it said its second-quarter net income declined to $3.12 billion, or 74 cents a share, from $6.04 billion, or $1.38 a share in the year-ago quarter. Excluding an impairment of 8 cents a share for its venture capital business and other items, earnings were 82 cents a share in the latest quarter.

Wells Fargo revenue falls short, shares drop

(Reuters) -Wells Fargo & Co reported a fall in second-quarter profit on Friday as the bank set aside more money to cover loans that could sour if the U.S. pandemic recovery gives way to a recession.

Wells Fargo profit falls on rising loan loss reserves

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U.S. Bancorp

Considering the Dow had sunk more than -600 points early this session, we'll still count it as a near-win.

Markets Fight Back to (Near) Break-Even

Banks face economic headwinds including decreases in mortgage banking and market-related revenue, Susan Roth Katzke, analyst at Credit Suisse, wrote.

Wells Fargo Earnings to Show If Banks Are Under Pressure

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming August 29, 2022 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Wells Fargo & Company (“Wells Fargo” or the “Company”) (NYSE: WFC) common stock between February 24, 2021 and June 9, 2022, inclusive (the “Class Period”). Investors suffering losses on their Wells Fargo investments are encouraged to contact the Law Offices of Howard G. Smith to discus

Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Wells Fargo & Company (WFC)

Earnings Preview: What To Expect From Wells Fargo On Friday. Here's a closer look.

Earnings Preview: What To Expect From Wells Fargo On Friday

Wells Fargo & Co (NYSE: WFC) shares are trading lower by 2.14% to $38.24 during Thursday's trading session. Shares of banks and financial services companies at large are trading lower in sympathy with JP Morgan Chase and Morgan Stanley, which reported worse-than-expected second-quarter.

Why Wells Fargo Shares Are Diving Today

New York, New York--(Newsfile Corp. - July 13, 2022) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Wells Fargo & Company (NYSE: WFC) alleging that the Company violated federal securities laws.This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Wells Fargo common stock between February 24, 2021 and June 9, 2022.Lead Plaintiff Deadline: August 29, 2022No obligation or cost...

WFC ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of August 29, 2022 in the Class Action Filed on Behalf of Wells Fargo & Company Limited Shareholders

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, announces that a class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Wells Fargo & Company (“Wells Fargo” or the “Company”) (NYSE: WFC) common stock between February 24, 2021 and June 9, 2022, inclusive (the “Class Period”). Wells Fargo investors have until August 29, 2022 to file a lead plaintiff motion. If you suffered a loss on

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of Wells Fargo & Company (WFC) Investors

Goldman Sachs

Big bank earnings season kicks off this week, and Bank of America analyst Ebrahim Poonawala said Wednesday that he has high hopes for at least two bank stocks. Big Numbers Coming?

Analyst Says Goldman Sachs, Wells Fargo Offer 'Most Interesting Risk-Reward' Ahead Of Bank Earnings Week

San Francisco, California--(Newsfile Corp. - July 13, 2022) - Hagens Berman urges Wells Fargo & Company (NYSE: WFC) investors who suffered significant losses to submit your losses now.Class Period: Feb. 24, 2021 - June 9, 2022Lead Plaintiff Deadline: Aug. 29, 2022Visit: www.hbsslaw.com/investor-fraud/WFC Contact An Attorney Now: WFC@hbsslaw.com 844-916-0895Wells Fargo & Company (NYSE: WFC) Securities Class Action:The litigation focuses on Wells Fargo's statements about its diverse slate hiring...

WFC CLASS ACTION: Hagens Berman, National Trial Attorneys, Encourages Wells Fargo (WFC) Investors with Significant Losses to Contact the Firm's Attorneys, Securities Class Action Filed

UnitedHealth Group

The three major U.S. equity indexes closed lower again Tuesday. The Dow Jones industrials closed down 0.6%, the S&P 500 dropped 0.92% and the Nasdaq shed 0.95%.

Earnings Previews: Citigroup, UnitedHealth, US Bancorp, Wells Fargo

Los Angeles, California--(Newsfile Corp. - July 13, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wells Fargo & Company ("Wells Fargo" or "the Company") (NYSE: WFC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 24, 2021 and June 9,...

INVESTOR ACTON NOTICE: The Schall Law Firm Encourages Investors in Wells Fargo & Company with Losses of $100,000 to Contact the Firm

Did you lose money on investments in Wells Fargo & Company? If so, please visit Wells Fargo & Company Shareholder Class Action Lawsuit or contact  Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com to discuss your rights.

WELLS FARGO & COMPANY (NYSE: WFC) SHAREHOLDER CLASS ACTION ALERT: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Wells Fargo & Company (NYSE: WFC)

Wells Fargo & Co on Tuesday won the dismissal of one lawsuit and much of a second accusing the fourth-largest bank of failing to monitor toxic mortgage-backed securities that were a major cause of the 2008 global financial crisis.

News for Wells Fargo Stock (WFC)