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.

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Wells Fargo (WFC) is a Top-Ranked Momentum Stock: Should You Buy?

Schulten and Schreiber's TSG Wealth Management services high net worth families and offers a platform for advisors wanting independence.

High-Touch $3 Billion Wells Fargo Team Focuses On Dividends And Cash Flow

Bank of America

First Horizon National

Goldman Sachs

JPMorgan Chase & Co

Invesco KBW Bank ETF

M&T Bank

New York Community Bancorp

Truist Financial

Western Alliance Bancorporation

Zions Bancorp

The SPDR S&P Regional Banking ETF NYSEARCA: KRE closed 1.08% lower on November 6, after a privately held regional bank was closed by the Iowa Division of Banking.

Banking and trucking: Is the economy rolling toward troubles?

Citigroup

Morgan Stanley

Banks are selling risk to hedge funds and private-equity firms through so-called synthetic risk transfers.

Big Banks Cook Up New Way to Unload Risk

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced it is working with Allspring Global Investments, a global asset management firm, to launch a Tribal Inclusion share class for the Allspring Government Money Market Fund, which will be offered exclusively to Wells Fargo corporate clients. The Tribal Inclusion share class is the first money market product with a charitable donation feature focused on benefiting tribal communities in the United States. “As a long.

Wells Fargo and Allspring Collaborate on New Money Market Fund Share Class to Benefit Native American Communities

Wells Fargo & Company (NYSE:WFC ) The BancAnalysts Association of Boston Conference November 2, 2023 8:55 AM ET Company Participants Kleber Santos - CEO of Consumer Lending Conference Call Participants John Pancari - Evercore ISI Unidentified Analyst Okay, I think we're ready to start. It's my pleasure today to welcome Wells Fargo to BAAB.

Wells Fargo & Company (WFC) presents at The BancAnalysts Association of Boston Conference 2023 (Transcript)

Bank stocks continued to trade mixed after the Federal Reserve said it would leave interest rates unchanged, as expected. Bank of America Corp. BAC dipped fractionally after losing 0.3% shortly before the Fed's announcement.

Bank stocks mixed after Fed leaves rates unchanged, as Bank of America dips while Goldman Sachs rises

ConnectOne Bancorp

Fifth Third Bancorp

SPDR S&P Regional Banking ETF

Washington Federal

Financial Select Sector SPDR Fund

The clouds over bank stocks aren't expected to clear anytime soon, fund manager Dave Ellison said, but some names remain attractive based on valuation.

Investors should ‘be patient' with beaten-down bank sector, buy-side fund manager says

Wells Fargo's cash sweep options for investment advisory clients is being investigated by the Securities and Exchange Commission (SEC), the bank disclosed in a regulatory filing.

Wells Fargo's cash sweep feature faces SEC investigation

Almost all of the major banks in the U.S. have been quietly cutting headcounts, with some indicating during earnings season that more job losses could be on the way.

Big Bank Layoffs Number Thousands - With More On The Way

Staffing levels at some of America's biggest banks are reportedly getting smaller. Aside from the country's largest lender, JPMorgan Chase, the five biggest banks in the U.S. have quietly been cutting jobs all year, CNBC reported Thursday (Oct. 19.

Biggest Banks Cut 20,000 Jobs Amid High Interest Rates

Job losses in finance could pressure the broader U.S. labor market in 2024. Faced with rising defaults on loans, lenders are poised to make deeper cuts.

Big banks are quietly cutting thousands of employees, and more layoffs are coming

Duke Energy

Devon Energy

Diamondback Energy

Microsoft

Pfizer

Pioneer Natural Resources

In an ever-changing global economy, the stock market remains full of opportunities. The past year has been a roller coaster for many sectors.

7 Undervalued Stocks Poised for Explosive Growth in Q4

Losses on loans remain modest despite rising delinquencies and even rising defaults. Higher interest rates have thus far made overall lending activity a more profitable venture.

JPMorgan, Citi, & Wells Fargo Just Sent a Message: Buy Bank Stocks

Consumers with weaker credit histories are facing pressure. And though headwinds remain, the nation's banking public remains robust at U.S. banks.

Banks beat expectations but some economic cracks form as caution abounds

Earnings season has kicked into high gear, with reports from major US banks being released on Friday and more anticipated in the upcoming week. Notably, two specific stocks have emerged as potentially profitable investment opportunities indicating a bullish uptrend in the industry.

2 banking stocks to watch amid earnings season

Despite banks continuing to see benefits of high rates, worries about deposit costs and consumer credit still lurk.

Big-Bank Profits May Be Higher, but for How Much Longer?

The market liked what it saw in the quarterly releases from JPMorgan JPM, Citigroup C, and even Wells Fargo WFC. There was plenty to like in these results, with the resilient economy helping keep credit demand positive and higher interest rates allowing them to charge more for those loans.

Analyzing Positive Bank Earnings: An Uncertain Outlook

A new earnings season has kicked off with a bang against the backdrop of a recovering economy and shifting financial landscapes. Major US banks JPMorgan Chase & Co (NYSE:JPM), Wells Fargo & Company (NYSE:WFC) and Citigroup Inc (NYSE:C), have unveiled robust third-quarter earnings, bolstered by a confluence of factors including higher interest rates and resilient performance in key business segments.

Major US banks report strong earnings amid favorable economic factors

An increase in NII and lower expenses drive Wells Fargo's (WFC) Q3 earnings. However, worsening credit quality was a headwind.

Wells Fargo's (WFC) Q3 Earnings Beat on NII Rise & Low Costs

Wells Fargo saw net charge-offs increase, loan demand decrease and average deposits decline during the third quarter.  At the same time, consumer spending remained strong, the bank said Friday (Oct. 13) while reporting its third-quarter results.

Wells Fargo Expects Continued Slowing of the Economy

A range of the most prominent U.S. bank stocks surged between 2% and 5% in today's afternoon session. JPMorgan Chase (NYSE: JPM ), Wells Fargo (NYSE: WFC ) and Citigroup (NYSE: C ) each saw impressive increases.

Why Are Bank Stocks JPM, WFC, C Up Today?

Wells Fargo & Co. (NYSE:WFC ) Q3 2023 Earnings Conference Call October 13, 2023 10:00 AM ET Company Participants John Campbell – Director, IR Charles Scharf - President, CEO & Director Michael Santomassimo - Senior EVP & CFO Conference Call Participants John McDonald - Autonomous Research Steven Chubak - Wolfe Research Robert Siefers - Piper Sandler & Co. Ebrahim Poonawala – Bank of America Merrill Lynch John Pancari - Evercore ISI Gerard Cassidy - RBC Capital Markets Erika Najarian - UBS Matthew O'Connor - Deutsche Bank Operator Welcome and thank you for joining the Wells Fargo Third Quarter 2023 Earnings Conference Call. [Operator Instructions].

Wells Fargo & Co (WFC) Q3 2023 Earnings Call Transcript

Big bank executives warned a number of products and services could become uneconomical if new proposed bank capital hikes are adopted as written, but said they were hopeful they could win some changes.

Big U.S. banks warn capital hikes could weigh on green energy, equity products

It's the unofficial start to Q3 earnings season with the morning releases of some of the biggest banks on Wall Street. In truth, we've been seeing Q3 reports come in dribs and drabs previously this week and before.

News for Wells Fargo Stock (WFC)