Your Best Stock

Wells Fargo & Co WFC

US equityMarket cap rank #61Asset Management
$81.54
−$0.37 (-0.45%)
Market open · Sep 24, 1:10 pm ET
After hours $82.07 +0.21%
Open$81.93
Prev close$81.90
Day range$80.95 – $82.44
Volume5.23M
Market cap$246.56B
P/E (TTM)11.9
Dividend yield2.21%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$22.62B+10.0% YoY
Net profit$6.65B+20.3% YoY
Diluted EPS$2.00+25.0% YoY
Free cash flow$6.78B+160.4% YoY
Operating cash flow$6.78B

Revenue, last 8 quarters

$20.4BSep '24$20.4BDec '24$20.1BMar '25$20.6BJun '25$21.4BSep '25$21.3BDec '25$21.4BMar '26$22.6BJun '26

Net profit, last 8 quarters

$5.2BSep '24$5.3BDec '24$4.8BMar '25$5.5BJun '25$5.6BSep '25$5.4BDec '25$5.3BMar '26$6.6BJun '26

Diluted EPS by quarter

1.42Sep '241.43Dec '241.39Mar '251.60Jun '251.66Sep '251.62Dec '251.60Mar '262.00Jun '26

Free cash flow by quarter

$4.2BSep '24$8.9BDec '24$-11.0BMar '25$-11.2BJun '25$-869.0MSep '25$4.1BDec '25$9.1BMar '26$6.8BJun '26

Annual revenue

$74.3BFY20$79.2BFY21$74.4BFY22$82.6BFY23$82.3BFY24$83.7BFY25

Profitability & balance sheet

Net margin24.8%
Return on equity13.1%
Return on assets1.0%
Liabilities / assets92.0%
Cash & investments$203.38B
Total debt$207.31B
Net cash (debt)-$3.93B
Free cash flow / sales22.0%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Consumer Banking and Lending$10.29B 44.5%
  • Corporate and Investment Banking$5.43B 23.4%
  • Wealth and Investment Management$3.89B 16.8%
  • Commercial Banking$3.12B 13.5%
  • Corporate$413.00M 1.8%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $22.62B $21.45B $83.70B $21.29B $21.44B
Total Operating Revenue $22.62B $21.45B $83.70B $21.29B $21.44B
Net Interest Income $12.32B $12.10B $47.48B $12.33B $11.95B
-Interest Income $23.28B $22.45B $87.31B $22.60B $22.42B
-Interest Expense $10.97B $10.35B $39.83B $10.27B $10.47B
Non-Interest Income $10.31B $9.35B $36.22B $8.96B $9.49B
-Fees and Commissions $6.61B $6.45B $24.91B $6.44B $6.37B
-Trading Gain Loss $1.39B $1.52B $5.15B $1.04B $1.47B
-Investment Banking Profit $939.00M $796.00M $3.03B $716.00M $840.00M
-Other Non-Interest Income $377.00M $489.00M $2.53B $270.00M $555.00M
-Gain Loss on Sale of Assets $985.00M $96.00M $598.00M $495.00M $258.00M
Credit Losses Provision -$914.00M -$1.14B -$3.66B -$1.04B -$681.00M
Non-Interest Expense $13.66B $14.33B $54.84B $13.73B $13.85B
Occupancy and Equipment $2.26B $2.18B $8.35B $2.21B $2.10B
Professional Expense and Contract Services Expense $1.11B $1.07B $4.54B $1.24B $1.18B
Selling and Admin Expenses $9.21B $9.96B $37.98B $9.58B $9.46B
-Selling & Marketing Expense $361.00M $369.00M $1.09B $352.00M $295.00M
-General & Admin Expense $8.85B $9.59B $36.89B $9.23B $9.17B
Other Non-Interest Expenses $1.08B $1.13B $3.97B $696.00M $1.11B
Pretax Profit $8.05B $5.98B $25.20B $6.53B $6.91B
Tax $1.40B $691.00M $3.84B $1.10B $1.30B
Net Profit $6.65B $5.29B $21.36B $5.42B $5.61B
Profit from Continuing Operations $6.65B $5.29B $21.36B $5.42B $5.61B
Minority Interests $238.00M $37.00M $20.00M $62.00M $20.00M
Net Income to Parent Company $6.41B $5.25B $21.34B $5.36B $5.59B
Preferred Stock Dividends $247.00M $253.00M $1.05B $247.00M $248.00M
Net Income to Common Stockholders $6.16B $5.00B $20.29B $5.11B $5.34B
Basic EPS $2.02 $1.62 $6.34 $1.64 $1.68
Diluted EPS $2.00 $1.60 $6.26 $1.62 $1.66
Dividend Per Share $0.45 $0.45 $1.70 $0.45 $0.45

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $2.28T $2.21T $2.15T $2.15T $2.06T
Cash, Cash Equivalents & Federal Funds Sold $409.19B $390.68B $368.36B $368.36B $328.90B
-Cash and Cash Equivalents $203.38B $174.78B $174.21B $174.21B $174.33B
-Money Market Investments $205.35B $215.60B $193.93B $193.93B $154.58B
-Restricted Cash and Investments $467.00M $295.00M $218.00M $218.00M
Securities Investment $561.22B $521.74B $526.63B $526.63B $510.74B
-Trading Securities $90.62B $73.68B $84.21B $84.21B $37.41B
-Available for Sale Securities $268.54B $241.14B $21.40B $21.40B $53.09B
-Held to Maturity Securities $198.48B $203.98B $207.90B $207.90B $214.12B
-Short Term Investments $3.59B $2.93B $213.14B $213.14B $206.12B
Long Term Equity Investment $13.66B $13.30B $13.21B $13.21B
Net Loan $1.00T $992.06B $961.31B $961.31B $925.60B
-Gross Loan $1.02T $1.01T $975.11B $975.11B $939.34B
-Allowance for Loans and Lease Losses $13.91B $13.86B $13.80B $13.80B $13.74B
Receivables $50.09B $48.67B $42.06B $42.06B $43.03B
-Accounts Receivable $30.77B $29.75B $22.98B $22.98B $24.25B
-Other Receivables $19.32B $18.93B $19.08B $19.08B $18.78B
Net PPE $15.98B $15.84B $20.04B $20.04B $19.80B
-Gross PPE $15.98B $15.84B $20.04B $20.04B $19.80B
Goodwill and Other Intangible Assets $30.90B $31.18B $31.29B $31.29B $31.85B
-Goodwill $24.96B $24.97B $24.97B $24.97B $25.07B
-Other Intangible Assets $5.94B $6.22B $6.33B $6.33B $6.79B
Bank-Owned Life Insurance $19.73B $19.78B $19.76B $19.76B $19.76B
Federal Home Loan Bank Stock $4.62B $4.96B $4.32B $4.32B
Other Assets $172.48B $167.54B $161.66B $161.66B $161.22B
Total Liabilities $2.10T $2.03T $1.97T $1.97T $1.88T
Total Deposits $1.50T $1.45T $1.43T $1.43T $1.37T
Federal Funds Purchased and Securities Sold Under Agreement to Repurchase $251.80B $234.37B $232.69B $232.69B $194.24B
Short-Term Debt and Capital Lease Obligation $37.75B $51.84B $18.32B $18.32B $36.41B
-Current Debt $37.75B $51.84B $18.32B $18.32B $36.41B
Trading Liabilities $56.63B $53.65B $45.47B $45.47B
Long Term Debt and Capital Lease Obligation $169.55B $164.38B $174.71B $174.71B $177.77B
-Long Term Debt $169.55B $164.38B $174.71B $174.71B $177.77B
Other Liabilities $82.73B $66.26B $68.20B $68.20B $92.61B
Total Equity $182.32B $180.31B $183.04B $183.04B $183.01B
Stockholders' Equity $180.19B $178.40B $181.12B $181.12B $181.15B
Capital Stock $24.48B $24.48B $25.74B $25.74B $25.74B
-Common Stock $9.14B $9.14B $9.14B $9.14B $9.14B
-Preferred Stock $15.35B $15.35B $16.61B $16.61B $16.61B
Additional Paid-In Capital $61.19B $60.85B $61.29B $61.29B $61.02B
Retained Earnings $237.23B $232.46B $228.87B $228.87B $225.19B
Less: Treasury Stock $134.44B $131.48B $128.12B $128.12B $123.15B
Gains/Losses Not Affecting Retained Earnings -$8.28B -$7.92B -$6.67B -$6.67B -$7.65B
Minority Interests $2.13B $1.92B $1.92B $1.92B $1.86B
Derivative Assets $22.03B
Derivative Product Liabilities $11.53B

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $6.78B $9.14B -$19.00B $4.12B -$869.00M
Net cash flow from continuing operations $6.78B $9.14B -$19.00B $4.12B -$869.00M
Net Income from Continuing Operations $6.65B $5.29B $21.36B $5.42B $5.61B
Depreciation & Depletion & Amortization $1.88B $1.84B $7.71B $2.12B $1.84B
Deferred Tax -$865.00M -$843.00M -$1.87B -$233.00M -$446.00M
Other Non-Cash Items $1.21B -$1.66B $1.71B $2.54B -$3.35B
Change in Working Capital -$3.04B $3.22B -$51.96B -$6.81B -$5.24B
-Change in Payables and Accrued Expense $14.35B -$2.17B $5.10B -$7.04B $13.42B
-Change in Other Current Assets $1.00B -$9.00B -$4.11B $3.39B $8.62B
-Change in Other Working Capital -$18.39B $14.40B -$52.96B -$3.17B -$27.28B
Net cash flow from investing -$29.87B -$55.57B -$187.90B -$85.57B -$82.87B
Net Cash Flow from Continuing Investing Activities -$29.87B -$55.57B -$187.90B -$85.57B -$82.87B
Net Investment Purchase and Sale -$23.60B -$7.52B -$21.86B -$2.33B -$12.27B
Net Income from Loans -$16.07B -$31.79B -$78.72B -$44.68B -$20.36B
Net Other Investing Changes -$453.00M $5.40B $1.28B $791.00M -$480.00M
Financing Cash Flow $51.28B $47.10B $177.59B $81.53B $63.12B
Net Cash Flow from Continuing Financing Activities $51.28B $47.10B $177.59B $81.53B $63.12B
Change in Federal Funds and Securities Sold for Repurchase $17.43B $1.68B $137.45B
Increase/Decrease in Deposit $46.47B $28.74B $54.51B $58.95B $26.66B
Net Issuance Payments of Debt -$7.80B $24.29B $12.49B -$108.18B $110.45B
Net Common Stock Issuance -$3.02B -$4.00B -$17.52B -$5.00B -$6.00B
Net Preferred Stock Issuance $0.00 -$1.26B -$2.00B $0.00 $0.00
Cash Dividends Paid -$1.61B -$1.64B -$6.48B -$1.65B -$1.68B
Net Other Financing Activities -$189.00M -$704.00M -$861.00M -$51.00M $72.00M
Ending Cash Balance $201.46B $173.27B $172.59B $172.59B $172.52B
Net Change in Cash $28.19B $680.00M -$29.31B $77.00M -$20.62B
Beginning Cash Balance $173.27B $172.59B $201.90B $172.52B $193.13B
Free Cash Flow $6.78B $9.14B -$19.00B $4.12B -$869.00M
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