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.

Citigroup

Eagle Bancorp Montana

First Foundation

JPMorgan Chase & Co

U.S. bank stocks like C, JPM, WFC, EBMT, and FFWM rallied as the Federal Reserve signaled a rate cut beginning September.

U.S. Banks Soar as Fed Signals Rate Cuts Starting in September

Wells Fargo (WFC) agrees to sell its non-Agency third-party servicing segment of its CMS business to Trimont. This decision allows the bank to focus more on its core business activities.

Wells Fargo (WFC) to Divest Majority of CRE Loan Servicing Unit

In the closing of the recent trading day, Wells Fargo (WFC) stood at $56.15, denoting a -0.53% change from the preceding trading day.

Wells Fargo (WFC) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Wells Fargo (WFC) is selling much of its commercial mortgage servicing business to Trimont, the bank said Tuesday. Financial terms weren't disclosed but the transaction is expected to close in early 2025.

Wells Fargo Sells Bulk of Commercial Mortgage Servicing Business To Trimont

Wells Fargo & Co. said Tuesday it's selling what's described as the largest servicer of securitized commercial-real-estate debt in the U.S. to Trimont, a loan-service provider backed by private-equity firm Värde Partners.

Wells Fargo to sell commercial-mortgage-servicing unit to Trimont

Wells Fargo's (WFC) diversified revenue stream and capital adequacy seem favorable. However, existing asset cap and legal scrutiny are a concern.

Wells Fargo (WFC) Down 7.5% in 3 Months: To Buy or Stay Clear?

Wells Fargo will sell its non-agency third-party Commercial Mortgage Servicing business to global commercial real estate loan services provider Trimont, the companies said on Tuesday.

Wells Fargo to sell its non-agency third-party Commercial Mortgage Servicing business to Trimont

Trimont, the leading global commercial real estate loan services provider, has entered into a definitive agreement to purchase Wells Fargo's non-agency thi

Trimont Signs Definitive Agreement to Acquire Wells Fargo Non-Agency Third-Party Commercial Mortgage Servicing Business

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo entered into a definitive agreement to sell the non-Agency third-party servicing segment of its Commercial Mortgage Servicing business.

Wells Fargo Enters into Agreement with Trimont to Sell the Non-Agency Third-Party Servicing Segment of its Commercial Mortgage Servicing Business

Bristol-Myers

Comcast

Dominion Energy

Altria

Exxon Mobil

Quality dividend stocks can deliver dependable passive income for years. Dividend stocks could get a big boost as interest rates come down over the next two years.

6 Magnificent Dividend Stocks to Buy Now and Hold Forever

Washington, D.C., Aug. 16, 2024 (GLOBE NEWSWIRE) -- Wells Fargo will serve as the presenting sponsor for the Thurgood Marshall College Fund's (TMCF) Leadership Institute, the organization's signature professional development program serving students attending historically Black colleges and universities (HBCUs), historically Black community colleges and predominantly Black institutions (PBIs). Wells Fargo has served in this role for more than a decade.

Wells Fargo serves as presenting sponsor for 2024 Thurgood Marshall College Fund Leadership Institute

Bank of America

Dividend raises were all the rage after major lenders aced the Fed's annual stress tests. Neither of these two banks wasted much time declaring meatier shareholder payouts.

Are You Missing Out on These 2 Dividend Raises From Major Banks?

For the most part, 2024 has been a year of relative success for financial stocks, as the sector has been able to provide strong returns to investors amid a U.S. economy that could be reaching a breakpoint for the average consumer. Recently, Bank of America (NYSE: BAC ) CEO Brian Moynihan attributed this spending slowdown to a maintenance of lifestyles acquired during the pandemic-era stimulus checks.

3 Financial Stocks Poised for a Comeback After Last Week's Market Meltdown

When you invest in bank stocks, you are investing in institutions that offer credit cards, insurance, banking services and other financial services.  Since the banking industry is at the heart of the global economy, you should have some bank stocks in your portfolio.

The 3 Best Bank Stocks to Buy in August 2024

The CFPB probes major banks like JPMorgan (JPM), BofA (BAC) and Well Fargo (WFC) over their handling of customer funds on the peer-to-peer payments platform Zelle.

JPMorgan, BofA & Others Face CFPB's Probe Over Zelle Fraud

The Consumer Financial Protection Bureau is investigating major U.S. banks for their handling of customer funds on the peer-to-peer payments platform Zelle Network, the Wall Street Journal reported on Wednesday.

Big banks are under investigation for Zelle scams

The Consumer Financial Protection Bureau (CFPB) is investigating major U.S. banks for their handling of customer funds on the peer-to-peer payments platform Zelle, the Wall Street Journal reported on Wednesday.

U.S. consumer watchdog probes major US banks over Zelle scam, WSJ reports

Goldman Sachs

U.S. Bancorp

Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway (BRK.A, Financial) (BRK.B, Financial) sold about 34 million shares of Bank of America Corp. (BAC, Financial) between July 17 and July 19, 19 million shares between July 22 and 24 and another 18.40 million shares between July 30 and Aug. 1, according to recent Form 4 filings.

Bank of America: Buffett's Selling Activity Could Be a Bad Sign

Chubb

The Bank of Japan raised interest rates last week, throwing a monkey wrench into the yen carry trade. Stocks and bonds are selling off as foreign-currency investors struggle to unwind their trades.

Why JPMorgan, Wells Fargo, and Chubb Stocks Dropped on Monday

Shares of Citigroup (C), JPMorgan (JPM), Bank of America (BAC), Wells Fargo (WFC), Goldman Sachs (GS) and other U.S. banks tumbled after a weak July jobs report.

U.S. Bank Stocks Fell Amid Concern of Economic Slowdown

Wells Fargo (WFC) discloses that it is under investigation for anti-money laundering and sanctions programs in its second-quarter SEC filing.

Wells Fargo (WFC) Faces Anti-Money Laundering, Sanctions Probe

Morgan Stanley

U.S. bank stocks slumped on Monday as fears of a recession sent investors fleeing from a sector closely tied to the health of the economy and toward safe-haven assets.

US banks tumble as weak economic data sparks recession fears

Rising unemployment and falling job growth point to a weakening economy. In response, the Fed may feel bigger interest rate cuts may be in order.

Why Bank Stocks Like Wells Fargo and JPMorgan Chase Are Tumbling Today

Wells Fargo is being investigated by government authorities over issues in its anti-money laundering and sanctions programs, the bank said on Thursday in a filing.

Wells Fargo faces government probe on anti-money laundering, sanctions

Wells Fargo's (WFC) cost-saving initiatives, along with its rising deposit balance, are expected to support its financials. However, a subdued loan balance is likely to impede the top-line growth.

News for Wells Fargo Stock (WFC)