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

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Banks may have cut back on some of their branches, but maintaining a retail presence remains a priority even in the age of the smartphone.

Bank branches are not going away even if consumers mostly use apps

Johnson & Johnson

Coca-Cola

Procter & Gamble

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Wells Frago (WFC) comes out of a legal hassle with the termination of the consent order imposed in 2016 relating to the fake account scandal. The order was uplifted by OCC.

Wells Frago's (WFC) 2016 Consent Order Terminated by OCC

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) said today that Chief Financial Officer Mike Santomassimo will present at the UBS Financial Services Forum on Monday, Feb. 26, 2024 at 8:00 a.m. ET. 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 following the presentation. About Wells Fargo Wells Fargo & Company (NYSE: WFC) is a leading financial services.

Wells Fargo to Present at the UBS Financial Services Forum

A consent order in response to the bank's 2016 fake-account scandal was removed. The news makes it more likely the asset cap on Wells Fargo, resulting from a different consent order, will be removed.

Why Wells Fargo Stock Popped Today

The Office of the Comptroller of the Currency terminated a 2016 consent order against Wells Fargo. The consent order concerned deficiencies and unsafe or unsound practices in the bank's risk management and sales practices, the OCC said in a Thursday (Feb. 15) press release.

OCC Closes Sales Practices Consent Order Against Wells Fargo

Wells Fargo's stock rose more than 7% at times Thursday afternoon following the resolution of a consent order placed on the bank for opening fake accounts in the past, after regulators determined sufficient improvements were made for protecting customers, though Wells Fargo still faces scrutiny for the yearslong scandal that tarnished its reputation.

Wells Fargo Stock Jumps As Fake Account Scandal Consent Order Ends

Wells Fargo & Co.'s stock rose Thursday after the bank confirmed it satisfied requirements by federal regulators to overhaul aspects of its operations related to the fake bank accounts scandal, but the company still faces other pending actions.

Wells Fargo stock rises as Feds lift consent order for its fake-account scandal

The Office of the Comptroller of the Currency said Thursday the bank had made sufficient progress revamping its systems that guard against customer harm.

Wells Fargo Resolves a Regulatory Complaint at Heart of 2016 Fake-Account Scandal

The Office of the Comptroller of the Currency terminated a consent order that forced it to revamp how it sells its retail products and services.

Wells Fargo says regulators have lifted a key punishment tied to its 2016 fake accounts scandal

Wells Fargo said on Thursday the Office of the Comptroller of the Currency (OCC) had terminated a 2016 consent order regarding the bank's sales practice misconduct.

Wells Fargo says OCC terminated 2016 consent order

Agree Realty

Copa Hlds

T-Mobile US

Travelers

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5 Analyst Best Stock Picks from Wall Street for 2024 That Pay Dividends

Cisco Systems

Hormel Foods

McCormick

Pfizer

Pinnacle West Capital

QUALCOMM

The stock market is at record highs. And more speculative growth names such as artificial intelligence-focused technology firms are skyrocketing.

The 7 Best Dividend Stocks to Buy in February 2024

Citigroup

Goldman Sachs

Morgan Stanley

U.S. banks could lose up to $35 billion in revenues in 2025 under current proposals for new capital rules that could "relevel the playing field" for European lenders, a study showed on Thursday.

US banks face $35 bln hit from 'Basel Endgame', says Oliver Wyman

The Biden administration wants to cut overdraft fees, which the Consumer Financial Protection Bureau calls overdraft/non-sufficient fund (NSF) fees.

This Bank Charges $1.3 Billion in Overdraft Fees

British American Tobacco

Boston Properties

Enterprise Products Partners

Intesa Sanpaolo SpA

Altria

Realty Income Corp

Philip Morris

AT&T

U.S. Bancorp

Verizon

The annual inflation rate in the United States was 3.4% in 2023, highlighting the necessity to invest your money while safeguarding it against inflation. A balanced investment approach that blends dividend income and dividend growth offers investors multiple benefits, including protection against inflation. Today's article will focus on companies that pay an attractive Dividend Yield, while offering investors the potential to increase this amount on an annual basis.

Yields Of More Than 9%: My Top 10 High Dividend Yield Companies, February 2024

Mastercard

Visa

Stifel highlights cyclical value stocks that could be primed for gains.

Big Tech Is Expensive. Consider These Value Stocks Instead.

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced that on March 15, 2024, it will redeem all 33,600 outstanding shares (the “Redeemed Series R Preferred Shares”) of its 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series R (the “Series R Preferred Stock”). The redemption of the Redeemed Series R Preferred Shares will trigger the redemption of the 33,600,000 outstanding shares of the related depositary shares (the “Redeemed S.

Wells Fargo & Company Announces Full Redemption of its Series R Preferred Stock and Related Depositary Shares

Along with other bank stocks, Wells Fargo shares have been on a surge. Even after the run-up, however, the stock isn't historically expensive.

Is Wells Fargo Stock Still a Buy After Its Recent Surge?

East West Bancorp

On the hunt for bank stocks in February 2024? Interest rates have increased, presenting opportunities and challenges for bank stocks.

The 3 Best Bank Stocks to Buy Now: February 2024

Wells Fargo's Q4 results were disappointing due to special assessments and severance package allocations, but adjusted EPS would have been closer to $1.30 per share. Net interest income slightly decreased during the quarter, while non-interest income remained stable and non-interest expenses increased. Despite non-recurring items, the preferred dividend is well covered, and capital ratios remain strong. One issue of preferred shares offer a yield of approximately 6.2%.

Wells Fargo: A 6.2% Preferred Dividend Yield While Waiting For Decreasing Rates

Toronto-Dominion Bank

Toronto-Dominion is facing regulatory scrutiny in the U.S. market, but that's left the shares attractively priced. Bank of America's yield is near its highest levels in years for those that prefer a U.S.-focused bank.

2 Bank Stocks to Buy Hand Over Fist and 1 to Avoid

Wells Fargo raised CEO Charles Scharf's total compensation for 2023 to $29 million, the bank said on Thursday.

Wells Fargo raises CEO Charles Scharf's 2023 pay to $29 mln

ROYAL OAK, Mich.--(BUSINESS WIRE)---- $WFC #banking--Today personal finance website investor.com announced the winners of its first Annual Awards, recognizing the best credit cards, banking services, stock trading tools, and financial advisory firms. Blain Reinkensmeyer, co-founder of investor.com and partner at parent company Reink Media Group, said the first-ever Awards are a milestone that furthers the company's mission to help Americans build stronger financial lives. “Six years ago we launched investor.com.

Investor.com Announces Winners of 2024 Annual Awards

The failures of Silicon Valley Bank and First Republic Bank last year cost the Federal Deposit Insurance Corporation (FDIC) $18.7 billion. The FDIC imposed a special assessment on 114 financial institutions totaling $16.3 billion to recover lost funds.

News for Wells Fargo Stock (WFC)