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.

The American Customer Satisfaction Survey (ACSI) is one of the most widely followed studies of customer opinions across dozens of industries.

Wells Fargo Is America's Worst Bank, Survey Shows

NEW YORK--( BUSINESS WIRE )--Wells Fargo & Company (NYSE: WFC) and HSBC Bank plc today announced that the blockchain-based solution they are using for bilateral FX settlements is expanding to include the offshore yuan (CNH). The offshore yuan marks the fifth currency to be settled between the two banks using a shared settlement ledger that currently encompasses the U.S. dollar, Canadian dollar, British pound sterling, and the euro. Since launching the shared DLT solution in December 2021, HSBC and Wells Fargo have settled over $200 billion in transactions and plan to add additional currencies over the coming months.

Wells Fargo and HSBC Expand DLT Solution to Include Offshore Yuan

Wells Fargo & Co introduced small-dollar loans to customers online, the bank said Wednesday, as overdraft fees draw greater scrutiny in the United States.

Wells Fargo starts small-dollar loans amid overdraft scrutiny

SAN FRANCISCO--( BUSINESS WIRE )--To help meet short-term cash needs, eligible customers now have another option with the newest product from Wells Fargo & Company (NYSE: WFC) – Flex Loan. Flex Loan is a digital-only, small-dollar loan that will provide millions of eligible customers convenient and affordable access to funds when they need it most. Flex Loan is available now in select markets and will be available nationwide by the end of the year.

Wells Fargo Introduces Flex Loan to Give Customers More Options

Bank of America

General Motors

Realty Income Corp

Ryman Hospitality Properties

About half of my stocks pay dividends, but these are the five I've put the most of my own capital into.

Here Are My 5 Largest Dividend Stock Investments Right Now

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Morgan Stanley

Banks could face tighter liquidity and earnings pressure as rates they pay for funding rise, while yields on the bonds they own stay low.

Rising Rates Hit Banks' Bond Holdings

The megabank is cheap and is outperforming its peers this year, but as a long-term investment it has fallen short.

Wells Fargo May Look Cheap, But I'm Not Buying

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) has updated the date it will report its fourth quarter 2022 earnings results to Friday, Jan. 13, 2023, at approximately 7:00 a.m.

Wells Fargo to Announce Fourth Quarter Earnings on Jan. 13, 2023

We look at low-risk stable income investments for those who have the least risk tolerance. Buy now and hold for decades to come.

Income Preferred Stocks, For Widows And Orphans

The six major U.S. banks are behind more than one-third of the financing going to expanding fossil-fuel extraction, according to an update to a closely followed annual report by a collection of climate-change policy groups.

JPMorgan Chase and 5 other U.S. mega banks behind a third of the global funding expanding coal, oil and gas

Home Depot

loanDepot

Lowe's

Opendoor

Redfin

Last week, home-selling platform Opendoor blamed "one of the most challenging real estate markets in 40 years" as it laid off 550 workers, and Wells Fargo is reportedly eyeing thousands of job cuts.

Housing Market Braces For Rising Layoffs ‘Soon' As Mortgage Lenders, Home Sellers Cut Thousands Of Jobs

Wells Fargo had to cut its dividend significantly early in the pandemic.

Here's Why Wells Fargo Can Keep Raising Its Dividend

Hanesbrands

McCormick

Pinterest

Snap

STORE Capital

Walgreens

October turned out to be the best month for the Dow Jones Industrial Average in a long time.

Now's a Good Time to Buy Stocks

Wells Fargo is under pressure from the U.S. Consumer Financial Protection Bureau (CFPB) to pay more than $1 billion to settle a slew of investigations into customer mistreatment, Bloomberg News reported, citing people familiar with the matter.

Wells Fargo under pressure from CFPB to pay over $1 bln in fine- Bloomberg News

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Bank, N.A.

Wells Fargo Bank Increases Prime Rate to 7.00 Percent

Wells Fargo performed well in the third quarter and that's also good news for the owners of preferred shares. Some of the preferred shares will start to float in 2023 and 2024, and this could create opportunities.

Wells Fargo: Upcoming Reset Dates Could Result In 7-8% Preferred Yields

The net-zero emissions commitments from Wall Street's banking giants was a significant step toward holding global warming in check, but in the almost two years since each of the U.S. majors committed to net-zero, their progress remains slow.

Here's where the big U.S. banks stand up and fall down on climate change

The U.S. housing market has been on a roller coaster, taking off in 2020 thanks to easy-money policies, then grinding to a near-halt this year as rates rose.

Wells Fargo mortgage staff brace for layoffs as U.S. loan volumes collapse

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo (NYSE: WFC) announced today that Kristy Fercho, head of Wells Fargo Home Lending, has been named the company's new head of Diverse Segments, Representation and Inclusion (DSRI).

Wells Fargo Names Kristy Fercho as Head of Diverse Segments, Representation and Inclusion

Citi analyst Keith Horowitz said Tuesday that a fresh mention of ongoing discussions between Wells Fargo & Co WFC, -0.78% and federal banking regulators amounts to "incremental positive news" for the bank. Wells Fargo said in a Monday filing it's in "resolution discussions" with the Consumer Financial Protection Bureau on a number of the regulator's investigations and inquiries including automobile lending matters, consumer deposit account related matters and mortgage lending matters.

Analyst sees 'incremental positive' in Wells Fargo regulatory update

In some respects, bank stocks sparked the recent market rally. These companies are the first to report earnings, with third quarter earnings reports coming at the start of October.

The 3 Best Bank Stocks to Buy Following Q3 Earnings

Wells Fargo's dividend has yet to catch up to the pre-pandemic levels. It has paused its buybacks after completing those promised in 2021.

Wells Fargo Vs. Bank of America: A Look At The Busted Preferreds

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced that Fargo, a new virtual assistant set to roll out to customers in the coming months, will leverage Google Cloud's artificial intelligence (AI) to provide a more personalized, convenient, and simple banking experience.

Wells Fargo's New Virtual Assistant, Fargo, to Be Powered by Google Cloud AI

Antero Resources

BlackBerry

Chevron

Enphase Energy

Energy Transfer LP Unit

Lockheed Martin

Occidental Petroleum

Simon Property Group

Twitter

Exxon Mobil

It's been a rough year for all investors — with the S&P 500 down more than 20%. But young Generation Z investors still found spots to make money.

Gen Z Investors Score 'Beginner's Luck' With 11 Winning Stocks

iShares U.S. Broker-Dealers & Securities Exchanges ETF

iShares US Financial Services ETF

SPDR S&P Bank ETF

Invesco KBW Bank ETF

Vanguard Financials ETF

Financial Select Sector SPDR Fund

Only five out of six big U.S. banks were able to beat overall in the latest earnings season.

News for Wells Fargo Stock (WFC)