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

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Cash & equivalents

Receivables

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Net PPE

Intangibles

Total liabilities

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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

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Purchase/sale of investments

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Other sources

Cash from financing

Change in stock

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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.

See our exclusive graphics mapping out Wells Fargo's new leadership, which CEO Charlie Scharf overhauled with hires from JPMorgan and other banks.

How Wells Fargo CEO Charlie Scharf overhauled the bank's leadership

Salesforce

Delta Air Lines

Dell Technologies

Western Digital

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 Salesforce.com among others.

Salesforce.com Among Today's Trending Stocks As Investors Remain Cautiously Bullish On The Market

SPDR Dow Jones Industrial Average ETF

iShares Core S&P 500 ETF

iShares Dow Jones U.S. ETF

JPMorgan Chase & Co

Fidelity NASDAQ Composite Index

Pfizer

Invesco QQQ

SPDR S&P 500 ETF Trust

Vanguard S&P 500 ETF

The Wall Street rally is expected to continue on optimism surrounding the vaccine full FDA approval and chances of peaking delta variant cases, which point to recovery from the pandemic-induced slump.

ETFs to Gain on Renewed Market Optimism

Fifth Third Bancorp

U.S. Bancorp

Major banks like WFC, FITB and USB are poised to benefit from loan growth, high consumer spending and economic recovery amid low interest rates and fading fee-income growth catalysts.

Major Regional Banks Outperform S&P 500 YTD: 3 Stocks to Watch

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo philanthropic funding will provide housing counseling and legal assistance services to help more than 250,000 people stay in their homes

Wells Fargo Helps Keep People Housed through Nearly $11 Million Grants to 19 Nonprofits

Citigroup

Goldman Sachs

LendingClub

Upstart Holdings

The fintech has already been an amazing performer, but its biggest opportunity may still be in the future.

Upstart Has Gained 1,100% Since the IPO -- Here's Why It Could Do It Again

Wells Fargo posted complicated second quarter results; the bank posted a pre-provision beat even on the most conservative interpretation, as unusually large equity sales gains boosted the reported numbers. The near-term story in the core operations is the same here as for most banks - improving credit, but weak loan growth and spread leverage.

Wells Fargo Marking Time Before Regulatory-Driven Growth Re-Acceleration

A month after Wells Fargo WFC, +0.36% made news for its decision to close customers' existing personal lines of credit, the bank has changed course and will leave the lines open.

NerdWallet: Wells Fargo backs off on closing personal lines of credit

Bank of America

Citizens Financial Group

If the Federal Reserve begins winding down its bond purchases, it could push up longer-term rates, which is helpful for most banks.

How the Federal Reserve's Tapering of Bond Purchases Could Help Bank Stocks

Wells Fargo (WFC) and JP Morgan (JPM) are exploring the cryptocurrency arena, courtesy of clients' heightening interest and inquisitiveness to occupy positions in the same.

Wells Fargo (WFC) & JP Morgan (JPM) File for Bitcoin Fund

Wells Fargo & Company, the epitome of US main street banking, has filed for a new investment fud that offers investors indirect exposure to bitcoin and other cryptocurrencies. The fud currently is called “FS NYDIG BITCOIN FUND I” according to documents lodged with the SEC and reflecting it is a partnership with investment houses NYDIG and FS Investments.

Wells Fargo joins Wall Street rush into crypto

American Express

The Oracle of Omaha and his company, Berkshire Hathaway, sold many of their bank holdings during the pandemic, and have not added any new positions or to any existing positions other than Bank of America.

5 Reasons Warren Buffett May Be Done Buying Banks for a While

Apple

AbbVie

Anthem

Franklin Resources

Cisco Systems

Chevron

Home Depot

Johnson & Johnson

Lowe's

Altria

Microsoft

AT&T

T. Rowe Price Group

Texas Instruments

Xcel Energy

This is a quarterly review of DivGro, my portfolio of dividend growth stocks. I write these reviews to summarize investment decisions and to share portfolio statistics. The article includes charts showing DivGro's composition and how positions contribute to projected annual dividend income.

Quarterly Review Of DivGro: Q2-2021

After facing public backlash, Wells Fargo (WFC) plans to withdraw its previous decision to close personal lines of credit. However, new customers will not have access to the lines of credit.

Wells Fargo (WFC) Discards Plan to End Personal Line of Credit

Wells Fargo has decided to allow some customers to keep their personal lines of credit, partially reversing a controversial decision after a month of outrage from consumers and advocates.

Facing backlash, Wells Fargo allows some customers to keep their lines of credit

Wells Fargo said it will keep personal credit lines open for its retail customers — a sharp about-face after the bank sparked a backlash last month when it said it planned to end the program. In a note to customers, the bank said it will keep lines of credit — which include low-interest loans ranging.

Wells Fargo backtracks, says it will keep personal credit lines open

Buffett sold many of his bank holdings during the pandemic because he didn't like the amount of bank stocks he owned compared to the risk that was associated with them at that time.

2 Stocks That Warren Buffett Sold Too Early

The bank has decided to keep the products available for those who actively used them or want to reactivate old ones, according to a spokeswoman for the San Francisco-based company. It will not offer the credit lines to new customers, however.

Wells Fargo is no longer shuttering existing personal lines of credit after customer backlash

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo today announced a new wave of support for entrepreneurs including an initiative focused on mentoring 500 women-owned businesses called Connect to More℠, and a second phase of funding from its Open for Business Fund aimed at providing 93 nonprofits with access to experts that can help grow their businesses. “Access to trusted expertise helps small businesses move from surviving to thriving,” said Jenny Flores, head of Small Business Growth Philanthropy

Wells Fargo Delivers Mentorship for 500 Women-Owned Businesses; Announces Grants to Over 90 Nonprofits

Morgan Stanley

(Reuters) -The biggest banks in the world plan to re-open their offices, emboldened by aggressive vaccination drives and falling COVID-19 cases in major financial hubs, after sending most employees home early last year to help stem the spread of the coronavirus.

Factbox-Global big banks plot back-to-office plans as vaccines roll out

This week's market swoon is bringing opportunity in its wake to Wells Fargo. Here's why you should buy the WFC stock dip.

Why This Dip in Wells Fargo Shares Is a Buy

CHICAGO and NEW YORK, Aug. 18, 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 Kate Sandman McKinley will become Chief Legal Officer of the newly independent company, Allspring Global Investments, following closing of the transaction.

Kate McKinley to Become Chief Legal Officer of Allspring Global Investments

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo is collaborating with award-winning actor and singer Leslie Odom, Jr. to present the “We Made a Way” Summer Short Film Series, featuring four films that shine a spotlight on the resiliency of racially and ethnically diverse small business owners during the pandemic. The four featured businesses — Le Printemps, a floral shop in Washington, D.C.; Tay Ho, a Vietnamese restaurant in Oakland, California; Gibson School of Music and Arts, an artistic learnin

Wells Fargo, Leslie Odom, Jr. Celebrate Diverse Small Businesses in “We Made a Way” Short Film Series

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced that Paul Camp has been named head of Global Treasury Management. Most recently CEO of Treasury Services at BNY Mellon, he will join the company in November, and will dually report to Perry Pelos, CEO of Wells Fargo Commercial Banking, and Jon Weiss, CEO of Corporate & Investment Banking. This new role brings together Wells Fargo's Treasury Management and Global Payment Solutions teams into one organizatio

Paul Camp Named Head of New Global Treasury Management Group at Wells Fargo

Wells Fargo's turnaround is in full bloom. This past week's employment data further highlights the upside for WFC stock going forward.

News for Wells Fargo Stock (WFC)