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

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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

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Earnings data Q1 2024

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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.

Wells Fargo & Co is pausing a hiring policy that requires recruiters to interview a diverse pool of candidates, after the New York Times reported such interviews were often fake and conducted even though the job had already been promised to someone else.

Wells Fargo pauses diverse slate hiring policy after reports of fake job interviews

Wells Fargo and money transfer service Zelle are facing a class-action lawsuit on allegations of violating the Electronic Fund Transfer Act and California's Unfair Competition Law, according to the legal proceedings filed by Kazerouni Law Group.  The law group filed the suit on behalf of a Seattle resident who claims he was the victim of […]

Wells Fargo Facing Class-Action Lawsuit Over Alleged Zelle Scams

Third largest bank in the US has faced a series of scandals, from fake accounts to mass overtime pay violations

Wells Fargo employees pushing to organize union across bank's workforce

Wells Fargo has the worst efficiency ratio of the Big Four banks due to having a very large headcount causing high noninterest expenses. Although the mortgage market appears to be weak right now, rising mortgage rates are set to benefit Wells Fargo the most of any bank.

Wells Fargo: Near-Term Difficulty For Long-Term Returns

Sen. Sherrod Brown, the chairman of the Senate Banking Committee, said in a letter to Wells Fargo CEO Charles Scharf that the bank has failed to repair its government and risk management problems. In the letter, Brown complained of a “laundry list” of compliance missteps and consumer abuses.

Sen. Sherrod Brown Criticizes Wells Fargo's ‘Unacceptable' Behavior

Wells Fargo & Co's Chief Executive Officer Charlie Scharf said Wednesday he wants to grow Wells' corporate and investment banking business on Wednesday by $1 billion opportunity.

Wells Fargo CEO sees $1 billion opportunity in growing investment bank

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a national securities and consumer rights litigation firm, is investigating whether certain directors and officers of Wells Fargo and Company (“Wells Fargo”) (NYSE: WFC) breached their fiduciary duties to Wells Fargo and its shareholders. If you are a Wells Fargo shareholder, you are encouraged to contact attorney Joe Pettigrew with Scott+Scott for additional information at (844) 818-6982 or jpettigrew@scott-scott.com.

INVESTOR ALERT: Scott+Scott Attorneys at Law LLP Investigates Wells Fargo and Company's Directors and Officers for Breach of Fiduciary Duties – WFC

WASHINGTON (Reuters) -The head of the U.S. Senate Banking Committee on Tuesday called on Wells Fargo & Co Chief Executive Charles Scharf to "finally" address weaknesses at the bank, including "governance, risk management, and hiring practices."

U.S. Senate banking panel urges Wells Fargo to 'finally' fix problems

Wells Fargo is the first partner of both the Men and Women's National Teams in the United States NEW YORK , May 27, 2022 /PRNewswire/ -- The Federación Mexicana de Fútbol (FMF) and Wells Fargo, a leading financial service partner and the Official Financial Services Sponsor of the Men and Women's Mexican National Teams in the United States, announced today a multi-year extension of their partnership. Soccer United Marketing (SUM), FMF's U.S. partner and commercial representative for the past 20 years, facilitated the agreement.

WELLS FARGO AND FEDERACIÓN MEXICANA DE FÚTBOL ANNOUNCE MULTI-YEAR PARTNERSHIP EXTENSION

Bank of America

Citigroup

JPMorgan Chase & Co

Financial Select Sector SPDR Fund

Financial stocks may prove to be a port in the stock market storms of 2022. For value investors, equities in financial companies are well-priced, have low betas and are likely to rise in share price.

Financial Stocks Could Offer Value in 2022

First Trust Nasdaq Bank ETF

iShares U.S. Regional Banks ETF

SPDR S&P Bank ETF

Invesco KBW Bank ETF

SPDR S&P Regional Banking ETF

Let's consider some banking ETFs that can be great investment options amid the current U.S. economic conditions and an expected interest rate hike in June.

JPMorgan's Rally Puts the Spotlight on Banking ETFs

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) said today that Chief Executive Officer Charlie Scharf will present at the 38th Annual Bernstein Strategic Decisions Conference on Wednesday, June 1, 2022 at 8:00 a.m. ET. The live webcast will be available online at https://www.wellsfargo.com/about/investor-relations/events. A replay of the webcast will be available for three months following the presentation. About Wells Fargo Wells Fargo & Company (NYSE: WFC) is a lead

Wells Fargo to Present at the 38th Annual Bernstein Strategic Decisions Conference

Families on a more modest income are finding it harder to buy smaller houses with smaller mortgages.

The lack of small-dollar mortgages is preventing Americans from purchasing affordable homes

East West Bancorp

When interest rates are on the move, it's always a good idea to start reconsidering the best bank stocks to buy now. The post 5 of the Best Bank Stocks to Buy Now appeared first on InvestorPlace.

5 of the Best Bank Stocks to Buy Now

Stocks of major US banks made strong comebacks on Monday after remaining in the red for some weeks. JPMorgan Chase & Co. (NYSE:JPM) jumped 7%.

Banking stocks were gainers on Monday, but how long can they sustain momentum?

Nationwide initiative to build and repair homes across 200 communities kicks off in Charlotte; employees volunteer with future homeowner CHARLOTTE, N.C. , May 24, 2022 /PRNewswire/ -- As homeownership remains out of reach for too many families, Wells Fargo today announced an effort to support new home construction, renovation, and repair of more than 350 affordable homes across the U.S. in collaboration with Habitat for Humanity International.

Wells Fargo and Habitat for Humanity to Build 350 Affordable Homes in the U.S.

AbbVie

Raytheon Technologies

The first quarter of 2022 has signaled an end to the monetary policy-driven bull market that lasted from the Covid-19 market crash in March 2020 all the way through the end of 2021. The combination of low interest rates, heavy money-printing and easy access to corporate debt has finally made its way through the economy to cause inflation the likes of which we haven't seen since the 1980s.

Fund Managers Dump Berkshire, AbbVie in 1st Quarter

Wells Fargo & Co (NYSE: WFC) shares are trading higher by 5.76% at $44.08. Shares of several banks and financial services are trading higher in sympathy with JPMorgan Chase & Co (NYSE: JPM) after the company issued fourth-quarter and FY22 financial targets.

Why Wells Fargo Shares Are Rising Today

JPMorgan Chase increased its guidance earlier today and Bank of America's CEO had positive comments about the economy.

Why Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo Are Rising Today

Wells Fargo's (WFC) subsidiary agrees to pay $7 million for the settlement of anti-money laundering rules violation.

Wells Fargo (WFC) Unit Settles Anti-Money Laundering Charges

Warren Buffett has revealed that he no longer has any stake in Wells Fargo, a company he invested in 3 decades ago. Warren Buffett's reason for the sell-off is based more on his principles of investment rather than assuming Wells Fargo is a bad investment. Wells Fargo's share price jumped after the announcement.

Warren Buffett Finally Cut Ties with Wells Fargo. A Buy or Sell Rating?

The stock market bounced back Friday from a potential negative milestone.

Are Banks As Big a Bargain As They Look?

Wells Fargo Advisors agreed to pay $7 million to settle federal Securities and Exchange Commission (SEC) charges that the firm failed to report at least 34 suspicious transactions that could have triggered anti-money laundering investigations, the agency announced Friday (May 20). The violations occurred between April 2017 and October 2021, according to the SEC.

Wells Fargo to Pay $7M to Settle SEC AML Allegations

The SEC said Wells Fargo Advisors failed to file at least 34 Suspicious Activity Reports in a timely manner between April 2017 and October 2021.

SEC fines Wells Fargo $7M for anti-money laundering lapses

Warren Buffett and Berkshire Hathaway recently revealed they have sold their last remaining investment in Wells Fargo.

News for Wells Fargo Stock (WFC)