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

Goldman Sachs

JPMorgan Chase & Co

Morgan Stanley

The heads of major U.S. retail banks faced renewed criticism Thursday from Democratic lawmakers who said financial institutions should not have charged Americans billions of dollars in overdraft and other fees during the pandemic.

Wall Street bank CEOs face fee criticism in second round with Congress

Sarah Dahlgren, head of regulatory affairs at the bank, reportedly is stepping down to pursue new opportunities.

Major Regulatory Executive to Depart Wells Fargo

In a hearing Wednesday, Senators asked the CEOs of Bank of America, Chase and Wells Fargo about when they plan to restart mortgage foreclosures.

Bank of America and Chase could restart mortgage foreclosures as early as July, but Wells Fargo is waiting until 2022

WASHINGTON--(BUSINESS WIRE)--Wells Fargo Awards $1 Million to Assist Asian American and Pacific Islander Communities:

Wells Fargo Awards $1 Million to Assist Asian American and Pacific Islander Communities

It's time the nation's biggest banks like Citigroup and Goldman Sachs create a Quantum Task Force to promote quantum and post-quantum solutions to cyberattack not just for themselves but throughout the financial system.

Getting The Big Banks To Confront The Quantum Challenge

Boeing

Delta Air Lines

Best Buy

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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 Delta, the Boeing Company, and more.

Delta And The Boeing Company Among Today's Trending Stocks

WASHINGTON (Reuters) -U.S. bank profits rose 29.1% during the first quarter of 2021 from the previous quarter as banks adjusted expectations for future credit losses downward, a bank regulator said on Wednesday.

U.S. bank profits rose 29% as outlook for future credit losses adjusted downward

Wall Street bank chiefs touted the role their institutions have played in getting the pandemic-hit U.S. economy back on track and in promoting diversity and racial justice as they appeared before Congress on Wednesday.

Wall Street CEOs tout COVID assistance, diversity efforts before U.S. Senate

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) said today that CEO Charlie Scharf will present at the 37th Annual Bernstein Strategic Decisions Conference on Wednesday, June 2, 2021, at 8 a.m. Eastern time. The live webcast will be available online at https://www.wellsfargo.com/about/investor-relations/events. A replay of the webcast will be available for three months. About Wells Fargo Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has

Wells Fargo to Present at the 37th Annual Bernstein Strategic Decisions Conference

Wall Street CEOs to testify before Senate Banking Committee — live blog

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

Do Options Traders Know Something About Wells Fargo & Company (WFC) Stock We Don't?

The CEOs of some of America's largest banks will testify before the Senate Banking Committee on Wednesday, and the House Financial Services Committee Thursday, where they are expected to be challenged on a drop in lending over the past year, efforts to increase diversity and fight systemic racism and defend themselves against accusations of "woke capitalism,"

Capitol Report: Big Bank CEOs to be grilled by Congress on drop in loans, diversity and ‘woke capitalism'

Wells Fargo & Co said on Monday consumer finance veteran Ulrike Guigui will become the head of payments strategy at the bank, starting June 1.

Wells Fargo names Ulrike Guigui as head of payments strategy

NEW YORK--(BUSINESS WIRE)-- #hiring--Wells Fargo has named Ulrike Guigui as head of Payments Strategy for the company.

Ulrike Guigui Named Wells Fargo Head of Payments Strategy

Big U.S. banks are prepared for credit-card balances to start ticking up again this year as pandemic restrictions ease and stimulus checks stop arriving, setting up the industry for a bump in one of its most profitable businesses. Lenders, including Capital One, Citigroup and JPMorgan, have been sending out more promotions to enroll new customers and encourage borrowers to spend, said Andrew Davidson of marketing-tracker Mintel Comperemedia.

Big banks look for post-pandemic rebound of credit card revenue

The bank's price-to-earnings ratio has caught up with some of its peers. But I believe earnings are still estimated to be depressed in the near future, which will eventually change.

Is Wells Fargo Still a Bargain?

Asian Americans at Goldman Sachs and beyond are pushing back against the stereotype that they are merely quiet, docile workers.

Why Asian Americans on Wall Street from Goldman Sachs to Wells Fargo are breaking their silence

Synchrony Financial

U.S. Bancorp

Berkshire Hathaway has continued to reduce its stakes in banks.

Here Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021

American International Group, Inc. (AIG) Management on 2021 Wells Fargo Virtual Financial Services Investor Conference Call (Transcript)

Wells Fargo's (WFC) qualified investors will be able to access investment vehicles in bitcoin and other digital assets, as the bank is in the final stages of adding the same.

Wells Fargo (WFC) to Open Doors to Cryptocurrency Investments

SAN FRANCISCO--(BUSINESS WIRE)--Last row of table, second column CUSIP should read: 929768AA7 (instead of 949768AA7). The updated release reads: WELLS FARGO TO LIQUIDATE CENTRAL FIDELITY CAPITAL TRUST I AND WACHOVIA CAPITAL TRUST II RESULTING IN THE CANCELLATION OF CAPITAL SECURITIES AND DISTRIBUTION OF UNDERLYING DEBENTURES TO HOLDERS Wells Fargo & Company (NYSE: WFC) today announced that on June 21, 2021 (the “Liquidation Date”), (i) Central Fidelity Capital Trust I will be liquidated, th

CORRECTING and REPLACING Wells Fargo to Liquidate Central Fidelity Capital Trust I and Wachovia Capital Trust II Resulting in the Cancellation of Capital Securities and Distribution of Underlying Debentures to Holders

About two-thirds of U.S. banks are either already taking measures to limit the growth in their balance sheets or would take steps to cap them if they continue growing, a Federal Reserve survey of bank finance officers showed on Thursday.

U.S. banks ready to start limiting balance sheet growth - Fed survey

Strong fundamentals and prospects make Wells Fargo (WFC) stock a wise investment option now.

3 Reasons Why Wells Fargo (WFC) Stock is Worth Investing in

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced that on June 21, 2021 (the “Liquidation Date”), (i) Central Fidelity Capital Trust I will be liquidated, the Floating Rate Capital Trust Pass-through Securities (the “Central Fidelity Capital Securities”) and the Floating Rate Common Securities (the “Central Fidelity Common Securities”) issued by Central Fidelity Capital Trust I will be canceled, and the Floating Rate Junior Subordinated Debt Securities, Serie

Wells Fargo to Liquidate Central Fidelity Capital Trust I and Wachovia Capital Trust II Resulting in the Cancellation of Capital Securities and Distribution of Underlying Debentures to Holders

DENVER--(BUSINESS WIRE)--The Wells Fargo Innovation Incubator (IN2), a technology incubator and platform funded by the Wells Fargo Foundation and co-administered by the U.S. Department of Energy's National Renewable Energy Laboratory (NREL), today announced that its eighth cohort consists of five startups that share a focus on technologies that help make housing both more affordable and more sustainable. The selected companies will receive up to $250,000 in non-dilutive funding from Wells Fargo

News for Wells Fargo Stock (WFC)