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.

Caterpillar

Halliburton

Bulls came back with a vengeance on Thursday, giving us all the reason needed to search for new stocks to buy. Here are three of the best.

3 Stocks to Buy as the Market Reaches All-Time High

CHICAGO and NEW YORK, Oct. 27, 2021 /PRNewswire/ -- GTCR LLC and Reverence Capital Partners, L.P., which agreed to acquire Wells Fargo Asset Management (WFAM) earlier this year, today announced that Chris Baker will become Chief Compliance Officer of the newly independent company, Allspring Global Investments, following close of the transaction this year.

Chris Baker to Join Allspring Global Investments as Chief Compliance Officer

Wells Fargo & Company will begin launching its updated mobile app in early 2022 and will release an all-new artificial intelligence-powered virtual assistant, Fargo, later in the year, according to a Monday (Oct. 25) press release.  The improved digital capabilities are part of the bank's approach as it transitions to digital-first services, a move that […]

Wells Fargo To Release AI-Powered Virtual Assistant, Updated Mobile App in 2022

Bank of America

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Morgan Stanley

Bank of America Corp., Citigroup Inc., Goldman Sachs Group Inc., JPMorgan Chase & Co., Morgan Stanley and Wells Fargo & Co. have issued $314 billion in bonds in 2021 for the highest tally since 2008, according to Dealogic data cited Tuesday by The Wall Street Journal.

Six major U.S. banks issue the most debt since 2008

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Clear Access Banking℠ Survey

Wells Fargo Clear Access Banking℠ Survey: Despite Owning up to Money Missteps, 9 out of 10 Teens Would Rather Let Parents See Purchase Decisions Before Sharing Their Text Messages

We've now heard from the largest U.S. banks; here's what investors need to know.

Big Bank Earnings Breakdown: Here's What You Need to Know

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) announced today a rebuilt mobile banking experience for consumer and small business customers, set to begin rolling out early next year, with an all-new virtual assistant — Fargo™ — to be added later in 2022. The enhanced digital capabilities are part of the company's multiyear strategy to become digital-first and reinvent digital personal finance, supported by increased investments in next generation technology and strategic

Wells Fargo Announces Rebuilt Mobile App and All-New Virtual Assistant, Fargo™

The move by Wells Fargo is part of a broader technology overhaul under CEO Charles Scharf.

Wells Fargo has a new virtual assistant in the works and it's named Fargo

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Names Kristin Lesher Head of Middle Market Banking

Kristin Lesher Named Head of Middle Market Banking for Wells Fargo

iShares US Financial Services ETF

Invesco KBW Bank ETF

Financial Select Sector SPDR Fund

The financial sector, which makes up about one-fifth of the S&P 500 Index, has come up with an upbeat earnings season.

Banking Earnings Upbeat: Time to Buy Financial ETFs on Value?

The stock has seen volatility in recent months, but Q3 earnings continue to show that the bank is on the right path.

3 Reasons Wells Fargo Is a Buy After Earnings

Wells Fargo(NYSE:WFC) stock rose by 6.78% on Friday after the company reported its Q3 earnings results on Thursday, October 14, 2021 at 08:00 AM. Here's what investors need to know about the announcement.

Recap: Wells Fargo Q3 Earnings

Deal-making and advisory revenue boosted the big banks' latest results, but a surge in loan demand would lift their stocks.

Bank Stocks Didn't Rally on Third-Quarter Earnings. What Investors Want to See Now

Wall Street banks have been among the biggest beneficiaries of the pandemic-era trading boom, fueled by the Federal Reserve's massive injection of cash into financial markets.

Wall Street banks set to profit again when Fed withdraws pandemic stimulus

Analysts took a shine to Bank of America's loan growth and issued mostly positive comments on Wells Fargo and Morgan Stanley as Wall Street sifted through a flurry of earnings updates from major banks this week.

The Ratings Game: Record deal-making and favorable credit market conditions helped offset modest loan growth at big U.S. banks, analysts say

WFC stock should benefit greatly from its massive increase in share buybacks, to 11% of market value, as it reduces the shares outstanding. The post Buy Undervalued Wells Fargo Stock for Its Big Buybacks appeared first on InvestorPlace.

Buy Undervalued Wells Fargo Stock for Its Big Buybacks

Big U.S. banks' wealth management businesses put in another stellar performance in the third quarter, buoyed by record levels of new money flowing into accounts and surging demand from clients to borrow against their investment portfolios.

U.S. banks see wealth management boom on borrowing, new assets

Some big U.S. banks are buying more U.S. government securities as yields start to rise and the Federal Reserve appears ready to taper its bond-buying program - a balance sheet shift that analysts say could boost bank earnings by several percentage points depending on how they play their hands.

As yields rise, some U.S. banks shift cash to Treasuries

Wells Fargo & Company (WFC) CEO Charles Scharf on Q3 2021 Results - Earnings Call Transcript

Wells Fargo reported earnings Thursday. Despite strong results, the stock is trading down slightly.

Wells Fargo: Solid Q3 Earnings, Buyback To Power Stock Higher

UnitedHealth Group

Initial Jobless Claims Hit Fresh Post-Covid Low

Wells Fargo's (WFC) Q3 earnings benefit from a decline in allowance for credit losses backed by an improving economic environment and lower net charge-offs despite low loan balance.

Wells Fargo's (WFC) Q3 Earnings Beat on Growth in Revenues

While jobless claims are hitting fresh post-Covid lows, PPI curbs a bit and Q3 earnings beats abound.

All Good Things: PPI, Jobless Claims, Q3 Earnings

Four of the largest U.S. banks said their profits grew by double-digits last quarter, as a healthier U.S. economy has allowed banks to have fewer bad loans and charge-offs.

Top US banks report double-digit profit growth last quarter

Several of America's largest financial firms reported strong earnings and revenue Thursday thanks to solid demand for loans, better credit quality and a boom in mergers and initial public offerings.

News for Wells Fargo Stock (WFC)