Company Analysis

Wells Fargo & Co. (WFC)

NYSE: WFC · National Commercial Banks · San Francisco, CA · filing with the SEC since 1994
Grade5.9
◀ Past 7.1● Present 6.4▶ Future 3.5

Income statement, as filed

In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 24, 2026Feb 25, 2025Feb 20, 2024Feb 21, 2023Feb 22, 2022Feb 23, 2021Feb 27, 2020Feb 27, 2019Mar 1, 2018Mar 1, 2017
Revenue83,69982,29682,59774,368r79,166r74,264r86,832r86,40888,38988,267
For lenders
Interest and dividend income87,31490,77785,11854,02439,69447,919r66,155r64,64758,90953,663
Interest and investment income1,1011,137r1,068r3,3083349545,128···
Interest expense on deposits and borrowings39,83043,10132,7439,074······
Net interest income47,48447,67652,37544,95035,77939,956r47,303r49,99549,55747,754
Provision for credit losses3,6584,3345,3991,534-4,15514,1292,6871,7442,5283,770
Net interest income after provision······44,54448,25147,02943,984
Noninterest income36,21534,62030,22229,418r43,387r34,308r39,529r36,41338,83240,513
Noninterest expense54,84254,59855,56257,205r53,758r57,63058,17856,12658,48452,377
Interest expense··32,7439,0743,9157,96318,85214,6529,3525,909
Income before income taxes25,19923,36421,63615,629r29,563r2,505r25,967r28,53827,37732,120
Income tax expense3,8413,3992,6072,251r5,764r-1,157r5,761r5,6624,91710,075
Income from continuing operations21,35819,96519,02913,378r23,799r3,662r20,206r22,87622,46022,045
Net income including non-controlling interests··19,02913,378r23,799r3,662r20,04122,876··
Net income to non-controlling interests20243-113-299r1,690285491r483277107
Net income21,33819,72219,14213,677r22,109r3,377r19,715r22,39322,18321,938
Net income to common shareholders20,28518,60617,98212,562r20,818r1,786r18,103r20,68920,55420,373
Earnings per share, basic6.345.434.883.30r5.13r0.43r4.12r4.314.144.03
Earnings per share, diluted6.265.374.833.27r5.08r0.43r4.09r4.284.103.99
Weighted average shares, basic3,201.83,426.13,688.33,805.24,061.94,118.04,393.14,799.74,964.65,052.8
Weighted average shares, diluted3,242.33,467.63,720.43,837.04,096.24,134.24,425.44,838.45,017.35,108.3
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenuesNetOfInterestExpense
us-gaap:Revenues
Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating
Interest and investment income what its cash and investments earnedus-gaap:InterestIncomeOther
Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLeaseAndOtherLosses
Net interest income after provision interest income left after the provisionus-gaap:InterestIncomeExpenseAfterProvisionForLoanLoss
Noninterest income fees and other income that is not interestus-gaap:NoninterestIncome
Noninterest expense salaries, buildings and the other costs of running the bankus-gaap:NoninterestExpense
Interest expense what its borrowing costus-gaap:InterestExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton WFC · research, not advice