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

JPMorgan Chase & Co

Bank stocks haven't exactly been market darlings in recent years. The financial services sector has a Shiller price-earnings ratio of 21 as of the writing of this article, which is the lowest among the 11 market sectors tracked by the S&P 500.

Is Now the Time to Buy Bank Stocks?

HSBC Holdings

HSBC and Wells Fargo have begun using a blockchain platform to settle bilateral foreign currency (FX) trades in the latest sign of how technology which underpins crypto assets is spreading to more mainstream activities.

HSBC and Wells Fargo use blockchain to settle forex trades

NEW YORK--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) and HSBC Bank plc today announced an agreement to use a blockchain-based solution for the netting and settlement of matched foreign exchange (FX) transactions. Through this agreement, Wells Fargo and HSBC will jointly use a shared settlement ledger to process US dollar, Canadian dollar, British pound sterling and Euro transactions with plans to extend the platform to settle additional currencies in the near future. Utilizing block

Wells Fargo and HSBC Establish Bilateral Agreement to Settle FX Transactions Through a Blockchain-based Solution

The shares of Wells Fargo & Co (NYSE: WFC) have received a $65 price target from UBS. These are the details.

Wells Fargo Stock (WFC): $65 Price Target From UBS

Investors need to pay close attention to Wells Fargo (WFC) stock based on the movements in the options market lately.

Implied Volatility Surging for Wells Fargo (WFC) Stock Options

Morgan Stanley

The number of U.S. banks has dropped from an all-time high of 30,456 in 1921 to 4,377 at the end of 2020, a drop of 86% — and that decline isn't likely to end, said William R. Emmons, an assistant vice president and lead economist in the Supervision Division at the Federal Reserve Bank of […]

Fed: US Banks Disappearing One by One

Wells Fargo (WFC) closed at $49.41 in the latest trading session, marking a -1.67% move from the prior day.

Wells Fargo (WFC) Stock Sinks As Market Gains: What You Should Know

NEW YORK--(BUSINESS WIRE)--Wells Fargo Investment Institute (WFII) today released “2022 Outlook: Which Way to the Recovery?” a report examining how markets have reached a crossroads at the start of 2022. Despite a third straight year of strong price gains in the S&P 500 Index, many investors now perceive a delicate balance between further equity gains and the unraveling of the high risk-taking environment since the economy reopened in 2020. “The economy continues to perform well as we see j

Wells Fargo Investment Institute Releases ‘2022 Outlook: Which way to the recovery?'

Goldman Sachs

Wells Fargo & Company (WFC) CEO Charles Scharf Presents at 2021 Goldman Sachs U.S. Financials Services Conference (Transcript)

Banks this year released billions of dollars from loan loss reserves.

Wells Fargo sees borrower defaults starting to rise from low levels reached during pandemic

The Federal Reserve may need to move more quickly to address inflation concerns, Wells Fargo Chief Executive Charlie Scharf said Tuesday.

Wells Fargo CEO says Fed may need to move quicker to address inflation concerns

There are some serious concerns with this well-known company.

This Is Warren Buffett's Best-Performing Dividend Stock of 2021. Should You Buy It?

AbbVie

Amazon

H&R Block

Tesla

As of Monday, five stocks that GuruFocus members are shunning over the Christmas holiday are Tesla Inc. ( TSLA , Financial), Amazon.com Inc. ( AMZN , Financial), H&R Block Inc. ( HRB , Financial), Wells Fargo & Co. Inc. ( WFC , Financial) and AbbVie Inc. ( ABBV , Financial).

5 Stocks GuruFocus Members Are Shunning for Christmas

Wells Fargo & Co (NYSE:WFC) is trading higher Monday following an upgrade and price target increase from Morgan Stanley. What Happened: Morgan Stanley analyst Betsy Graseck upgraded Wells Fargo from Equal-Weight to Overweight and announced a $61 price target.

Jim Cramer Weighs In On Wells Fargo Stock Following Analyst Upgrade

Morgan Stanley upgraded Wells Fargo to overweight from equal-weight. The CNBC Investing Club breaks down the call.

Investing Club: This big bank could get a boost if interest rates go higher

Alliance Data Systems

Ally Financial

Capital One

Regions Financial

State Street

Synchrony Financial

Morgan Stanley on Monday boosted ratings on five banks and issued bullish comments on others, saying the sector was the most likely to outperform when interest rates rise.

The Ratings Game: Morgan Stanley boosts ratings on banks ahead of expected interest rate hikes

Wells Fargo & Co (NYSE:WFC) was just named a "top pick" by Morgan Stanley, who said the bank, alongside the sector as a whole , will see tailwinds from quicker-than-expected interest rate hikes.

Analyst: This Bank Stock is a "Top Pick"

Arlington Asset Investment

Chimera Investment

ComSovereign Holding

Dynex Capital

Eagle Point Credit

Eagle Point Credit Company Inc 7.75 % Pfd Registered Shs 2016-30.10.26 Series B

Eagle Point Credit Company Inc - 6.6875% NT REDEEM 30/04/2028 USD 25

Eagle Point Cr 6.75 % Notes 2017-30.09.27

Pitney Bowes

We take a look at the action in preferreds and baby bonds through the fourth week of November and highlight some of the key themes we are watching. Preferreds are having a tough November - the worst month so far since March of 2020.

Preferreds Market Weekly Review: Our Lower Beta Playbook For Elevated Volatility

C3.ai

C3.ai, Inc. (AI) CEO Tom Siebel Presents at 5th Annual Wells Fargo TMT Summit Conference (Transcript)

Bank stocks in general are trading higher.

Why Shares of Wells Fargo Are Up Today

SoFi Technologies

SoFi Technologies, Inc. (SOFI) CEO Anthony Noto Presents at 5th Annual Virtual Wells Fargo TMT Summit Conference Call (Transcript)

An international body for banking regulation assigned Wells Fargo a good regulatory capital rating.

2 Pieces of Good Regulatory News for Wells Fargo

Negative provisions, higher revenues and an increase in loan balance support FDIC-insured banks' Q3 earnings. Thus, major banks like JPMorgan (JPM), BofA (BAC), Citi (C) & Wells Fargo (WFC) witness growth in financials.

FDIC-Insured Banks' Q3 Earnings Up, Loans Rise, NIM Shrinks

Western Digital

Western Digital's (WDC) CEO David Goeckeler Presents at 5th Annual Virtual Wells Fargo TMT Summit Conference (Transcript)

U.S. bank profits fell 1.2% in the third quarter of 2021 to $69.5 billion as firms were slower to shrink their credit loss provisions and grappled with record-low interest rates, the Federal Deposit Insurance Corporation reported Tuesday.

News for Wells Fargo Stock (WFC)