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

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Morgan Stanley

The Federal Reserve's interest rate hikes should boost lending profits for major financial firms. Now, the big banks will have the chance to prove to investors that they can thrive if rates continue to climb.

Bad news for banks: Rates are rising fast

The Past Catches Up With Wells Fargo Over Its 401(k) Plan.

Wells Fargo $32.5 million settlement to employees won't put a dent to its balance sheet

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE:WFC) today issued the following statement responding to New York City Mayor Eric Adams and Comptroller Brad Lander. “We are deeply disappointed that Mayor Adams and Comptroller Lander would publish a press release like this based solely on a news report. More specifically, we are deeply disturbed by irresponsible allegations of discrimination that we believe do not stand up to scrutiny. We are confident that we follow relevant GSE

Wells Fargo Response to New York City Mayor Adams and Comptroller Lander

Sending and receiving money back and forth has never been easier in today's world. We now have the ability to make these transfers with a multitude of mobile applications, and recently, there has been a new player taking the payments arena by storm - Zelle.

Will Zelle Soon Be Coming To Retail Checkout Lanes?

Blackrock Inc

State Street

The first quarter 2021 earnings season kicks-off next week with earnings results from some of the biggest financial institutions in the U.S. The post 7 Financial Stocks Reporting Earnings the Week of April 11 appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS It doesn't matter if you have $500 in savings or $5 million.

7 Financial Stocks Reporting Earnings the Week of April 11

Markets face what could be a hot inflation report in the week ahead and a batch of big bank earnings to start the earnings season.

Big banks' earnings and a hot inflation report could sway markets in short holiday week

The first quarter was unkind to the nation's banks. When the data from January through March is in, big banks in the United States expect to see a dramatic dip in earnings compared to the same period one year ago, Reuters reported.

U.S. Banks Expect Earnings Dip in Q1

We look ahead this morning to next week's Q1 earnings season heating up. After a couple weeks of economic data detailing recent and current levels on inflation and employment, this week was a bit of a breather. It also became a bit rudderless, with not much but anecdotal stories in the stock market — like Elon Musk buying a big chunk of Twitter ((TWTR Quick QuoteTWTR - Free Report) — pushing and pulling market sentiment.

Markets Await Q1 Earnings Reports From Big Banks

Big U.S. banks are expected to show a sharp decline in first quarter earnings from a year ago, when they benefited from exceptionally strong dealmaking and trading, and funds set aside for loan losses being released.

U.S. bank earnings to decline in first quarter

Wells Fargo (WFC) agrees to pay $32.5 million to resolve allegations of self-dealing with its 401(k) plan. The settlement represents 40% of the plan participants' estimated damages.

Wells Fargo (WFC) to Pay $32.5M to Settle Retirement Plan Case

Look past the paint job and underneath the proverbial hood, and you see that nothing is quite what it seems to be on the surface.

Better Buy: Goldman Sachs vs. Wells Fargo

Banks are debating a plan to bring Zelle to the checkout at big retailers.

The Wall Street Journal: Banks weigh using Zelle to challenge Visa, Mastercard

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC), as previously announced, will report its first quarter 2022 earnings results on Thursday, April 14, 2022, at approximately 7:00 a.m. Eastern time. The results will be available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/. In addition to being available on the company's Investor Relations website, the earnings results also will be available on the Securities and Exchange Commission websit

Wells Fargo to Announce First Quarter 2022 Earnings on April 14, 2022

American Express

Mastercard

Marsh & McLennan

For years, rates were kept artificially low, and some reasons why are almost as absurd as the length of time they were kept low.

5 Blue Chip Dividend Stocks That Can Thrive as Interest Rates Storm Higher

DENVER--(BUSINESS WIRE)--The Wells Fargo Innovation Incubator (IN2) announced the program's first cohort focused on demonstration projects.

Wells Fargo Innovation Incubator Announces Its First Demonstration Cohort

As always, the big banks are among the companies first to report earnings. So let's see if they're good buys heading into earnings season.

Are the Big Banks Good Buys Heading Into Earnings?

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) announced today its expected earnings release dates and conference call information for the first, second, third and fourth quarters of 2023. For the period Earnings release conference call date and time First Quarter 2023 Friday, April 14, 2023, at 10 a.m. Eastern Time Second Quarter 2023 Tuesday, July 18, 2023, at 10 a.m. Eastern Time Third Quarter 2023 Friday, Oct. 13, 2023, at 10 a.m. Eastern Time Fourth Quarter 2023 Wedn

Wells Fargo Announces 2023 Earnings Release Date Information

Bank7 Corp

Cadence Bank

When investors think of bank stocks, we typically think of things like net interest income, loan portfolio quality, investment banking and dividends. With inflation spiraling out of control and interest rates set to be hiked in the U.S., it may seem like bank stocks are in a prime position to post outsized gains.

Investors Beware: These Top Bank Stocks Are Riskier Than They Seem

Axos Financial Inc.

Capital One

PayPal

SoFi Technologies

Block

Visa

The P/E ratio is simple but not the best metric.

The Metrics to Watch When Researching Financial Stocks

Charter Communications

Lowe's

Oracle

Rio Tinto plc Sponsored

Target

It is a good idea to keep an eye on companies buying back their own stock. Buybacks are the opposite of dilution.

These Mega Caps Are Fervently Buying Back Stock

Wells Fargo has joined forces with real estate startup Bilt to let customers earn points and miles on rent payments through a new credit card, the companies announced Monday (March 28). Read more: Bilt Rewards Nets $60M in Funding Mastercard first launched its Bilt Card last year.

Wells Fargo, Bilt Launch Credit Card for Renters

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announces a new strategic partnership with Bilt Rewards, the leading loyalty program for renters, and Mastercard® to become the official issuer for the Bilt Mastercard. The first-of-its-kind co-brand credit card allows members to pay rent and earn points with no transaction fees on rent payments at any rental property in the U.S. Through this innovative new partnership, renters across the country will now be able to ear

Wells Fargo Partners with Bilt Rewards and Mastercard to Issue the First Credit Card that Earns Points on Rent payments without the Transaction Fee

Aflac

Public Storage

Tradeweb Markets

U.S. Bancorp

MetLife

Charles Schwab

The Federal Reserve is embarking on a prolonged rate hiking campaign. These seven stocks to buy will profit from this development.

7 Stocks to Buy as the Fed Raises Rates

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE:WFC) today issued the following statement regarding the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) Action Plan issued Wednesday. “Wells Fargo welcomes the release of the PAVE Action Plan and commends the Task Force's work,” said Mike Weinbach, head of Wells Fargo Consumer Lending. “Homeownership is a pillar of wealth building, and ensuring the credibility of property appraisals and valuations is of cri

Wells Fargo Statement on PAVE Task Force Action Plan

The start of what may be a stream of rising interest rates as the Federal Reserve fights high inflation has stock investors jittery, and rightly so.

News for Wells Fargo Stock (WFC)