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

JPMorgan Chase & Co

Once a year, the Federal Deposit Insurance Corporation updates deposit data for every bank in the country, offering a glimpse into how banks have grown.

Which Large U.S. Bank Has Grown Deposits the Fastest Over the Last Year?

Wells Fargo & Company announced on Wednesday (Sept. 8) the availability of Integrated Receivables, a new accounts receivable (AR) service rooted in artificial intelligence (AI), machine learning and robotic processing that simplifies payment and remittance data capture, re-association and invoice matching.

Wells Fargo Unveils AI-Boosted Integrated Receivables Service

Citigroup

Goldman Sachs

Morgan Stanley

U.S. bank profits fell 8.3% to $70.4 billion in the second quarter of 2021 as firms slowed their reductions in credit loss provisions, the Federal Deposit Insurance Corporation reported Wednesday.

U.S. bank profits drop as industry slows reductions in credit loss provisions - FDIC

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced the availability of Integrated Receivables, a new Accounts Receivable (AR) service that uses artificial intelligence, machine learning, and robotic processing to help simplify payment and remittance data capture, re-association, and invoice matching. “Integrated Receivables allows our clients to spend less time working on piecing together payments data and more time focusing on their core business objectives,”

Wells Fargo Launches Integrated Receivables, an AI-Powered Offering, to Help Simplify Accounts Receivables

Wells Fargo has generated great returns over the last year, but shares are still not expensive today.

Is Wells Fargo Stock Undervalued Or Overvalued? How To View Its Valuation

Costco

Microsoft

Netflix

PayPal

Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. This week, our deep-learning algorithms have identified Costco Wholesale Corporation among others.

Costco Wholesale Corporation Ranked Among This Week's Trending Stocks Amid Mixed Jobs Data, Vaccine Mandates, And More

Wells Fargo & Co said on Friday that Perry Pelos, the chief executive officer of its commercial banking unit, will retire from the company in April.

Wells Fargo's commercial banking unit CEO Perry Pelos to retire

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) announced today that Perry Pelos will retire from the company in April 2022 and that Kyle Hranicky, Head of Middle Market Banking, will succeed Perry as CEO of its Commercial Banking segment, effective immediately. Hranicky will report to CEO Charlie Scharf and serve on the company's Operating Committee. Pelos will transition to an advisory role until his retirement. Pelos plans to retire following a successful 35-year career

Perry Pelos to Retire from Wells Fargo; Kyle Hranicky to Become CEO of Commercial Banking and Join the Company's Operating Committee

A recent Bloomberg report said some regulators are weighing further action against the bank for its slow progress related to the phony-accounts scandal.

Should Investors Be Concerned About Wells Fargo's Latest Regulatory Headache?

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo supports Hurricane Ida relief efforts.

Wells Fargo Donates $350,000 to Hurricane Ida Relief Efforts

Wells Fargo's (WFC) adoption of the nCino Bank Operating System will offer it a flexible and speedy digital solution to efficiently manage all facets of its commercial banking lending process.

Wells Fargo (WFC) Advances Commercial Lending Digitalization

Moderna

Starbucks

Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. Today, our deep-learning algorithms have identified Netflix among others.

Netflix Ranked Among Today's Trending Stocks As We Kick Off September Trading Month

Caterpillar

Lucid Group

Wall Street is on edge going into year-end, even when markets are at highs. Some micro panic selloffs are offering good stocks to buy.

3 Stocks to Buy That Wall Street Has Discarded

More investors are processing this week's big (though only prospective) sanction headlines, which was enough to open the selling floodgates.

Why Wells Fargo Fell Nearly 5% Today

It has been nearly five years since Wells Fargo & Co began addressing widespread customer abuses that led to regulatory penalties, lawsuits, reputational damage, business overhauls and management changes, but the fourth-largest U.S. bank apparently still has a lot of work to do, analysts say.

Analysis-Wells Fargo's long road to repair extends with prospect of more penalties

The stock price of Wells Fargo & Co (NYSE: WFC) fell by over 11% this week. This is why it happened.

WFC Stock: Explanation For Over 11% Decrease This Week

Wells Fargo & Co. WFC, -4.55% fell 5% on Wednesday following analyst comments on a Bloomberg report that said bank regulators remain unsatisfied with steps the bank has taken to strengthen internal controls and compensate victims of auto insurance and mortgage rate locks. The bank has been working to satisfy the Federal Reserve's 2018 order to keep its assets below $1.95 trillion until it boosts governance and risk controls in the wake of its sales practices.

Wells Fargo shares weaken on regulatory friction

Well Fargo's (WFC) slow pace of restitution efforts might attract regulators' wrath in the form of additional sanctions or penalties.

Wells Fargo's (WFC) Slow Remedial Moves Might Prompt Sanctions

AMC Entertainment

EPR Properties

These stocks have higher return potential than most value stocks in the reopening.

3 Dividend Stocks That Could Double Within a Year or Two

Frustrated at the pace of Wells Fargo & Co's efforts to compensate victims of its sales practice scandals, U.S. regulators have warned they may impose new sanctions on the bank, Bloomberg reported on Tuesday.

Regulators warn Wells Fargo of new possible sanctions -Bloomberg

Disney

FuboTV

Futu Holdings

FuboTV, Wells Fargo, Futu Holdings and Disney were our top stock trades for Wednesday. Let's get a look at the charts from here.

4 Top Stock Trades for Wednesday: FUBO, WFC, FUTU, DIS

The bank's shares were sharply lower after some troubling news.

Here's Why Wells Fargo Stock Fell Today

The bank recently reversed a controversial plan.

Wells Fargo's Reversal: Smart Move or Not?

Alphabet

Philip Morris

Charles Schwab

In the second quarter ended June 30, U.S. stock markets continued their bull run as government stimulus, low interest rates and support for ever-increasing levels of corporate debt helped most companies report higher earnings numbers. Many investors are brushing off concerns about higher inflation, supply chain bottlenecks and lower-than-expected employment numbers; in fact, given the low yields available in the rest of the market, stocks have increased in popularity as protection against inflation.

The 5 Most-Sold Guru Stocks of the 2nd Quarter

PHILADELPHIA--(BUSINESS WIRE)--Wells Fargo NeighborhoodLIFT program commits $5 million to help more than 300 low- and moderate-income residents with home down payment assistance

News for Wells Fargo Stock (WFC)