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

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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

Goldman Sachs

JPMorgan Chase & Co

Morgan Stanley

Large banks will no longer face pandemic-era restrictions on how much they can spend buying back stock and paying dividends, the Federal Reserve announced Thursday after finding the firms would remain well capitalized in its latest stress test.

Banks clear Fed stress test, paving way to boost buybacks, dividends

If there was an anticlimactic note to this year's test, it's because the industry underwent a real-life version when the coronavirus pandemic struck.

Federal Reserve gives U.S. banks a thumbs up as all 23 lenders easily pass 2021 stress test

The Federal Reserve has blessed the nation's largest banks with a clean bill of health paving the way for a flood of dividends and buybacks.

Banks pass Fed's stress tests results with flying colors

The nation's largest banks can withstand a severe global recession and, as a result, temporary limits on dividend payments and share buybacks will end after June 30.

The Fed: Fed's stress test shows big banks can withstand global recession, clearing way for payouts, share buybacks to resume

ATLANTA, June 24, 2021 /PRNewswire/ -- Wells Fargo today announced it is donating $7.75 million to Habitat for Humanity through its Wells Fargo BuildsSM program to increase housing affordability across the U.S. The grant will fund home builds, critical home repairs, and help address the historic gaps in Black homeownership. "Far too many people across the country are facing housing instability and Wells Fargo is committed to supporting Habitat for Humanity International and its local organizations as they work with families in need of decent, affordable housing to provide homeownership opportunities, especially while maintaining a strong commitment to racial equity and sustainability," said Eileen Fitzgerald, head of housing affordability philanthropy for Wells Fargo.

Wells Fargo donates nearly $8 million to Habitat for Humanity to support affordable homeownership in the U.S.

Disney

Here's one sector that could be a big beneficiary.

Consumer Spending Is Up 20% From 2019 Levels -- Here's How to Invest

Passing the Fed's stress tests will allow big banks to unleash billions to buy back stock and boost dividends.

Bank of America, Wells Fargo eye dividend boost as Fed's stress tests loom

Capital One

The Fed's 2021 stress test results will likely permit banks including JPMorgan (JPM), BofA (BAC), Citigroup (C), Goldman (GS), Capital One (COF), Wells Fargo (WFC) & Morgan Stanley (MS) to lift restrictions on dividends and share repurchases.

Stress Test to Allow Banks to Lift Curb on Dividend & Buybacks

Invesco KBW Bank ETF

The country's largest lenders are poised to start issuing as much as $130 billion in dividends and stock buybacks from next month after the U.S. Federal Reserve gives them what is expected to be a clean bill of health on Thursday, said analysts.

U.S. Fed bank stress tests pave way for stock buyback, dividend bonanza

BOSTON--(BUSINESS WIRE)-- #akoyanetwork--Akoya LLC announced today that Wells Fargo has joined the Akoya Data Access Network. Fintechs and data aggregators can now request application programming interface (API)-based access to Wells Fargo customer data for mutual customers through Akoya. “The addition of Wells Fargo to the Akoya Data Access Network is yet another signal marking the industry's shift toward safer and more secure API-based data aggregation, especially as new fintechs offer consumers a wide range

Wells Fargo Joins the Akoya Data Access Network to Advance API-based Financial Data Aggregation

The stock market has been volatile, but it's been a very solid year on -— and for — Wall Street.

The improving economy is great news for banks

The bank has said it hopes to ramp up its investment banking and credit card operations, along with other areas.

Here's Why Wells Fargo Needs to Execute on Its New Revenue Opportunities

For all the volatility, the actual thesis hasn't changed much for Wells Fargo in recent years. Ignore Covid-19 jitters, Wells Fargo needs to cut costs to get its performance in line with peers.

Wells Fargo: Fed Decision Offers Buying Opportunity

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced Julie Caperton as head of Wells Fargo Private Bank, a division of Wealth & Investment Management (WIM). This is in addition to Caperton's current role as head of the Banking, Lending & Trust Center of Excellence for WIM. Caperton will continue to report to Barry Sommers, head of WIM. As head of The Private Bank, Caperton will be responsible for leading growth in the high net worth and ultra-high net wo

Julie Caperton Named Head of Wells Fargo Private Bank for Wells Fargo Wealth & Investment Management (WIM)

The Federal Reserve recently indicated that inflation might not be temporary and suggested it could hike rates sooner than anticipated.

Why Shares of Bank of America, JPMorgan, Wells Fargo, and Citigroup All Fell Today

WASHINGTON--(BUSINESS WIRE)-- #cdfis--Opportunity Finance Network (OFN) announced that Wells Fargo is committing a $25 million grant to its Finance Justice Fund to help tackle systemic barriers to capital in communities around the country. Managed by Opportunity Finance Network, the Finance Justice Fund aims to address the racial wealth gap and persistent poverty by delivering financing through community development financial institutions (CDFIs) to Black, Latinx, Native, rural, and other communities wi

Opportunity Finance Network Receives Largest Grant in 35-Year History from Wells Fargo

Investors wondering why are bank stocks down today have the Federal Reserve to thank for the fall with its recent interest rates talk. The post Why Are Bank Stocks Down Today?

Why Are Bank Stocks Down Today? JPM, BAC, C, WFC, GS

The KBW Bank index reversed course and spiked as much as 1.2% after the central bank signaled two rate hikes before the end of 2023.

Bank stocks surge as Fed signals 2 interest-rate hikes before the end of 2023

Axalta Coating Systems

Chevron

Liberty Global Ltd

Synchrony Financial

With just a couple of weeks remaining in the second quarter of this year, we're taking a look at five of the 13 stocks in which Warren Buffett lightened or sold entirely Berkshire Hathaway Inc.

How 5 Stocks Warren Buffett Sold in Q1 Have Performed in Q2

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced that Ruth Jacks has been named head of Data and Transformation for Commercial Banking. She joined the company June 14 and reports to Perry Pelos, head of Commercial Banking. In this newly created leadership role, Jacks is responsible for establishing a technology platform to simplify and automate client management. She will also lead the data capabilities strategy across Commercial Banking. With increased inve

Ruth Jacks Named Data and Transformation Leader for Wells Fargo Commercial Banking

In recent weeks, overdraft fees have been under scrutiny and analysts believe banks are going to face more pressure going forward.

Which Large U.S. Bank Stands to Lose the Most if Bank Overdraft Fees Go Away?

Analysts have provided the following ratings for Wells Fargo (NYSE:WFC) within the last quarter: Last 30 Days 1 Month Ago 2 Months Ago 3 Months Ago Bullish 0 1 0 1 Somewhat Bullish 1 0 0 2 Indifferent 0 1 0 0 Somewhat Bearish 0 0 0 0 Bearish 0 0 0 0 10 analysts offering 12-month price targets in the last 3 months for Wells Fargo evaluate the company at an average price target of $47.2 with a high of $60.00 and a low of $37.00.

What 10 Analyst Ratings Have To Say About Wells Fargo

Wells Fargo & Company (WFC) Management Presents at Morgan Stanley U.S. Financials, Payments & Commercial Real Estate Conference Call Transcript

Wells Fargo & Co Chief Financial Officer Mike Santomassimo said on Tuesday that the bank is standing by its previous guidance that net interest income for 2021 will be flat-to-down 4% from the annualized level seen in last year's fourth quarter.

Wells Fargo CFO sticks with 2021 net interest income guidance

State Street

As operating backdrop normalizes, major banks like JPMorgan (JPM), State Street (STT), Morgan Stanley (MS), Wells Fargo (WFC), Citi (C), Bank of America (BAC) & Goldman (GS) see their businesses reverting back to pre-pandemic levels.

News for Wells Fargo Stock (WFC)