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.

NEW YORK--(BUSINESS WIRE)--Wells Fargo (NYSE: WFC) announced that Jessica Lupovici has been named head of Middle Market Banking's East Region, part of Commercial Banking.

Wells Fargo Names Jessica Lupovici to Lead Its Middle Market Banking East Region

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3 Big Bank Stocks Carrying Strong Momentum Into 2022

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U.S. banks will enjoy stronger growth this year from their "bread-and-butter" business of taking deposits and lending money as the U.S. economy expands and the Federal Reserve prepares to raise interest rates for the first time in three years.

U.S. banks look forward to 'bread-and-butter' growth as economy rebounds

Shares of Wells Fargo & Co. WFC, +0.51% rose 0.4% in afternoon trading Tuesday, after the bank said it will raise its quarterly dividend by 25%. For shareholders of record on Feb. 4, the bank will pay out on March 1 a dividend of 25 cents a share, up from 20 cents in the previous quarter.

Wells Fargo to raise dividend by 25%

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo survey examines adults looking for love using online dating sites, apps—and their savviness in protecting themselves from scammers.

Singles Looking for Love in 2022 Vulnerable to Scams, Wells Fargo Survey Finds

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced the final results of the previously announced cash tender offer (the “Offer”) by Wells Fargo Securities, LLC (“Wells Fargo Securities”), an indirect wholly-owned subsidiary of Wells Fargo & Company, which commenced on Jan. 18, 2022, to purchase any and all of the securities of Wells Fargo & Company listed in the table below (the “Securities”). The Offer expired on Jan. 24, 2022, at 5:00 p.m., New York

Wells Fargo & Company Announces Final Results of Any and All Cash Tender Offer by Its Wholly-Owned Subsidiary

These bank stocks impressed with better-than-expected fourth quarter earnings, providing a solid return as a result of their outperformance. The post 3 Best Bank Stocks to Buy Following Q4 Earnings appeared first on InvestorPlace.

3 Best Bank Stocks to Buy Following Q4 Earnings

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced the tender offer consideration (the “Tender Offer Consideration”) payable in connection with the previously announced cash tender offer (the “Offer”) by Wells Fargo Securities, LLC (“Wells Fargo Securities”), an indirect wholly-owned subsidiary of Wells Fargo & Company, which commenced on Jan. 18, 2022, to purchase for cash any and all of the securities of Wells Fargo & Company listed in the table belo

Wells Fargo & Company Announces Pricing of Any and All Cash Tender Offer by Its Wholly-Owned Subsidiary

Fourth-quarter earnings season has gotten underway, with many big banks reporting in the last couple of weeks. Now, let's take a closer look.

A Mixed Fourth-Quarter Earnings Season for the Big Banks

We take a look at the action in preferreds and baby bonds through the second week of January and highlight some of the key themes we are watching. The preferreds sector delivered a flat return so far this year, in aggregate - something hard to complain about as most income sectors are in the red.

Preferred Market Weekly Review: The Attraction Of Below-Par Term Securities

PNC Financial Services

Major banks, including JPM, C, WFC, BAC & PNC, surpass Q4 earnings estimates on revenue strength, solid loan balance and provision benefit. Yet, rising cost expectations lead to bearish investor sentiments.

Bank Stock Roundup: JPM, C, WFC, BAC & PNC in Focus on Q4 Earnings Beat

U.S. banks closed a record number of retail branches in 2021 as customers increasingly turn to digital banking and the industry consolidates.

U.S. banks close record number of retail branches in 2021, Wells Fargo shutters most

"The banks are all over the place this earnings season, which just goes to show the importance of individual stock picking," the "Mad Money" host said.

Jim Cramer says 'all banks are not created equal,' and these are his favorites

Wells Fargo has had a 2015 regulatory order from the Office of the Comptroller of the Currency (OCC) eliminated, which involved add-on products which Wells Fargo sold improperly, Bloomberg reported Thursday (Jan. 20). This, according to the report, shows the progress of CEO Charlie Scharf's struggle to right the ship of the bank's scandals from […]

Wells Fargo Sees Regulatory Order Eliminated as Company Tries to Shed Scandals

Wells Fargo & Co. WFC, +0.58% on Thursday confirmed that the Office of the Comptroller of the Currency (OCC) terminated a consent order from 2015 stemming from billing and marketing practices on identity and debt cancellation products offered by the bank. "The OCC believes that the safety and soundness of the bank and its compliance with laws and regulations does not require the continued existence of the order," the federal regulatory agency said in a legal document posted on its website.

Wells Fargo wins termination of 2015 regulatory order

The Office of the Comptroller of the Currency terminated a consent order it put in place in June 2015 against Wells Fargo & Co, the bank confirmed in a statement on Thursday.

Regulator terminates consent order with Wells Fargo from 2015

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Confirms Termination of OCC Add-On Products Consent Order

Wells Fargo Confirms Termination of OCC Add-On Products Consent Order

It's been a rough quarter for big bank earnings. However, Wells Fargo bucked the trend with a better-than-expected report.

Wells Fargo: Cost-Cutting Progress Highlights Upbeat Q4 Earnings

Management is forecasting that the bank's net interest income will increase and its expenses will keep declining.

Wells Fargo Might Be One of the Few Big Banks to Grow Earnings in 2022

DENVER--(BUSINESS WIRE)--Today, the Wells Fargo Innovation Incubator (IN²), a technology incubator and platform funded by the Wells Fargo Foundation and co-administered by the U.S. Department of Energy's National Renewable Energy Laboratory (NREL), announced seven winners for its sixth cycle of Channel Partner Strategic Awards. Originally launched in 2017, the Channel Partner Strategic Awards program addresses gaps in the cleantech ecosystem and helps eliminate the barriers that startups face o

Wells Fargo Innovation Incubator Announces 2022 Channel Partner Strategic Awards Supporting Network of Cleantech Startups

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Big U.S. banks will spend more on salaries and benefits this year, as inflationary pressures, pandemic risks and the tight labor market force them to raise wages to get and keep workers.

Big U.S. banks see higher expenses from workers' rising wages

Wells Fargo & Co named Derek Flowers as its new chief risk officer, leading all aspects of the lender's risk management systems, the bank said in a statement on Tuesday.

Wells Fargo names Derek Flowers as new chief risk officer

SAN FRANCISCO--(BUSINESS WIRE)--Derek Flowers named Wells Fargo's Chief Risk Officer

Derek Flowers named Wells Fargo's Chief Risk Officer

Regions Financial

Raymond James

Charles Schwab

Beyond some technical issues the market is dealing with, this is a big week for earnings reports. So, here's what to do.

News for Wells Fargo Stock (WFC)