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

SPDR S&P Regional Banking ETF

Morgan Stanley

Financial Select Sector SPDR Fund

Bank stocks moved mostly lower in mixed trading on Wednesday after the U.S. Federal Reserve left interest rates unchanged as expected, but stressed that another 50 basis points of rate hikes are on the table this year. JPMorgan Chase & Co JPM is down 0.5%, lower than is 0.2% drop prior to the Fed's move.

Bank stocks move lower after Fed eyes more rate hikes after June pause

The initiative will help break down barriers to homeownership for Latinos; Wells Fargo signs on as first anchor funder WASHINGTON , June 14, 2023 /PRNewswire/ -- UnidosUS, a nonprofit, nonpartisan Hispanic civil rights organization, has launched HOME (Home Ownership Means Equity), a new initiative that seeks to influence systemic change and catalyze the creation of four million new Latino homeowners by 2030. HOME will address multifaceted challenges Latinos face in trying to buy a home by expanding market opportunities and providing potential homeowners with the resources they need to navigate the home-buying process.

UnidosUS Launches HOME Initiative to Create Four Million Latino Homeowners by 2030

WFC.PL is trading at a nearly 10-year low and is offering a 6.5% dividend yield due to high interest rates and financial sector turmoil. The main risk factors for the stock are high interest rates, which are likely to moderate in the upcoming years, and potential liquidity issues, which are unlikely. Investors with a long-term perspective can benefit from the stock's recovery and a 6.5% dividend while waiting for interest rates to normalize.

The Preferred Stock Of Wells Fargo Offers A 6.5% Dividend And 30% Upside Potential

Wells Fargo & Company (NYSE:WFC ) Morgan Stanley US Financials, Payments and CRE Conference Call June 13, 2023 8:00 AM ET Company Participants Mike Santomassimo - Chief Financial Officer Conference Call Participants Unidentified Analyst Okay, great. Thanks everyone.

Wells Fargo & Company (WFC) Morgan Stanley US Financials, Payments and CRE Conference (Transcript)

Wells Fargo & Co expects an upside in net interest income going ahead, Chief Financial Officer Mike Santomassimo said on Tuesday.

Wells Fargo CFO expects upside in net interest income

Con Ed

Vornado Realty Trust

One of the scariest things to do as an investor is to take a critical look at one's portfolio. Indeed, scenario analysis can be important, to see how much downside potential certain holdings may have.

Time to Sell! 3 Stocks That Are Poised to Plunge.

Comerica

KeyCorp

U.S. regional banks, including BAC, C, WFC, KEY and CMA, rally on optimistic investor sentiments as market participants expect no further increase in interest rate hikes.

Regional Bank Stocks Rebound on Expected Pause in Rate Hikes

Shares of major U.S. banks and regional lenders outperformed broader markets in morning trading on Tuesday with the KBW Regional Banking index hitting its highest since late April.

US bank stocks rebound, regional banking index hits 6-week high

PacWest Bancorp

Western Alliance Bancorporation

Shares of U.S. banks fell on Monday with some investors pointing to worries that a flood of Treasury bill issuance following the raising of the U.S. debt ceiling would drain liquidity from lenders.

US bank shares fall after Treasury debt issuance, proposed new capital requirements

The Journal said that the precise amount of capital requirements will depend on the bank's business, with US megabanks with big trading businesses expected to face the largest increases.

Banks reportedly could face 20% hike to capital rules after string of failures

PNC Financial Services

Regions Financial

Charles Schwab

U.S. Bancorp

Shares of U.S. banks rose on Friday after the U.S. Senate on Thursday passed bipartisan legislation that lifted the government's $31.4 trillion debt ceiling and averted a historic default.

Banks stocks gain after US Congress averts historic debt default

Capital One

Truist Financial

A spokesperson for JPMorgan Chase & Co. JPM, +2.40% on Friday has confirmed statements on social media that some customers that use Zelle are seeing duplicate transactions and fees on their checking accounts. “We're sorry,” the spokesperson said in an email to MarketWatch.

Zelle and Chase working to resolve issue with accidental double payments

Higher rates, decent loan demand and efforts to bolster fee income support FDIC-Insured banks' like JPM, BAC, C & WFC financials.

FDIC-Insured Banks' Q1 Earnings Up on Higher NII, Two Banks Fail

Wells Fargo reportedly expects to see losses from real estate loans. CEO Charlie Scharf said Wednesday (May 31) at an event that there are significant risks in the office sector, Bloomberg reported Wednesday.

Wells Fargo Reportedly Working with Borrowers as Office Sector Struggles

Visa

Zions Bancorp

Bank stocks fell Wednesday after the FDIC chairman said in a quarterly report that "downside risks" remain for the banking industry.

Bank Stocks Tumble As FDIC Warns Of 'Downside Risks.' Full Fallout From March Panic Unclear.

Wells Fargo & Company (NYSE:WFC ) Bernstein 39th Annual Strategic Decisions Conference May 31, 2023 8:00 AM ET Company Participants Charlie Scharf - CEO Conference Call Participants John McDonald - Bernstein John McDonald We're ready to go. Thanks, everyone, for joining us today.

Wells Fargo & Company (WFC) Presents at Bernstein 39th Annual Strategic Decisions Conference (Transcript)

Strong deposit growth and cost-saving initiatives are likely to keep supporting Wells Fargo (WFC). However, a decline in revenues and a fall in loan balance are major headwinds.

Wells Fargo (WFC) Rides on Deposit Growth Amid Lower Revenues

Wells Fargo & Co's Chief Executive Officer Charlie Scharf said on Wednesday that there will be losses in the office loan space but the lender was proactively managing its portfolio.

Wells Fargo CEO says there will be losses in office loan portfolio

For decades, Buffett and Berkshire Hathaway loved Wells Fargo. Burry added a number of bank stocks in Q1, including Wells Fargo.

Michael Burry Is Now Betting on This Ex-Warren Buffett Stock

Former Wells Fargo & Co. WFC, -0.61% executive Carrie L. Tolstedt has agreed to pay $3 million to settle charges connected with allegedly misleading investors about the success of the Community Bank, Wells Fargo's core business, the U.S. Securities and Exchange Commission said late Tuesday.

Former Wells Fargo executive agrees to pay $3 million fine

For much of the last three years, banks could feel pretty good about their loan books—but as worries of a weakening economy mount, cracks in the health of bank borrowers are starting to show.

Credit Conditions Are Worsening. It May be a Problem for Citigroup and Wells Fargo: Analyst

Tradeweb Markets

Big U.S. banks face a challenging environment for office-space loans but the situation is expected to remain manageable for lenders over time, Citi analyst Keith Horowitz said Monday in a summary of a recent industry event hosted by the bank.

U.S. banks mull office-space loan exposure at Citi event and prepare for a slow boil

Deere & Company

Johnson & Johnson

Chevron

Tesla

Exxon Mobil

In the wake of the 2022 stock market rout, astute investors should focus on top undervalued blue-chip stocks. All as these sturdy market contenders promise a silver lining with incredible upside potential for the long-term investor.

7 Undervalued Blue-Chip Stocks to Buy for June 2023

Huntington Bancshares

New York Community Bancorp

In the first quarter, Burry loaded up on bank stocks amid upheaval in the banking industry. Banks are known for having good dividends.

Michael Burry Is Set to Rake in More Than $1 Million in Annual Dividend Income From These 4 Stocks

Amazon

Salesforce

This time of year it's rare to hear anyone talking about stocks to buy in May. Instead the opposite “sell in May and go away” makes its rounds in the media, the latest round of alarm-sounding.

News for Wells Fargo Stock (WFC)