Wells Fargo & Company (WFC-PL) Operating Expenses (2009 - 2026)

Wells Fargo & Company recorded quarterly Operating Expenses of $14.3 billion in Q1 2026, up 4.4% quarter-over-quarter from $13.7 billion in Q4 2025, and up 3.16% year-over-year from $13.9 billion in Q1 2025.

Wells Fargo & Company's Operating Expenses history runs 18 years deep, the most recent figure standing at $14.3 billion for Q1 2026.

  • In Q1 2026, Operating Expenses rose 3.16% year-over-year to $14.3 billion; the TTM figure through Mar 2026 stood at $55.3 billion (up 2.09% YoY), while the FY2025 annual figure was $54.8 billion, changed 0.45% from the prior year.
  • Operating Expenses came in at $14.3 billion for Q1 2026 at Wells Fargo & Company, up from $13.7 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $16.2 billion in Q4 2022 to a low of $12.9 billion in Q2 2022.
  • A 5-year average of $13.9 billion and a median of $13.8 billion in 2025 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses advanced 23.32% in 2022 and retreated 11.95% in 2024, its largest moves.
  • Wells Fargo & Company's Operating Expenses stood at $16.2 billion in 2022, then retreated by 2.47% to $15.8 billion in 2023, then retreated by 11.95% to $13.9 billion in 2024, then decreased by 1.25% to $13.7 billion in 2025, then gained by 4.4% to $14.3 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $14.3 billion, $13.7 billion, and $13.8 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Canadian Imperial Bank Of Commerce 1,282,929,665.61 Bn 1,282,929,665.82 Bn - 3.12 Bn
2 Toronto Dominion Bank 928.05 Bn 749.34 Bn - 6.31 Bn
3 Hsbc Holdings 799.80 Bn 799.80 Bn - -
4 Barclays 460.27 Bn 460.27 Bn - -
5 Bank Of America 373.62 Bn -233.08 Bn 29.24 Bn 18.53 Bn
6 Bank Of Montreal 316.89 Bn 316.89 Bn - 4.15 Bn
7 Wells Fargo & Company 238.28 Bn 163.21 Bn - 14.33 Bn
8 Citigroup 235.82 Bn -1,949.18 Bn 19.85 Bn 13.84 Bn
9 Bank of New York Mellon 94.86 Bn 37.94 Bn - 3.40 Bn
10 Wells Fargo & Company - - - 14.33 Bn

Historic Data

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DateValue
Mar 31, 2026 14.33 Bn
Dec 31, 2025 13.73 Bn
Sep 30, 2025 13.85 Bn
Jun 30, 2025 13.38 Bn
Mar 31, 2025 13.89 Bn
Dec 31, 2024 13.90 Bn
Sep 30, 2024 13.07 Bn
Jun 30, 2024 13.29 Bn
Mar 31, 2024 14.34 Bn
Dec 31, 2023 15.79 Bn
Sep 30, 2023 13.11 Bn
Jun 30, 2023 12.99 Bn
Mar 31, 2023 13.68 Bn
Dec 31, 2022 16.19 Bn
Sep 30, 2022 14.31 Bn
Jun 30, 2022 12.86 Bn
Mar 31, 2022 13.85 Bn
Dec 31, 2021 13.13 Bn
Sep 30, 2021 13.30 Bn
Jun 30, 2021 13.34 Bn
Mar 31, 2021 13.99 Bn
Dec 31, 2020 14.80 Bn
Sep 30, 2020 15.23 Bn
Jun 30, 2020 14.55 Bn
Mar 31, 2020 13.05 Bn
Dec 31, 2019 15.61 Bn
Sep 30, 2019 15.20 Bn
Jun 30, 2019 13.45 Bn
Mar 31, 2019 13.92 Bn
Dec 31, 2018 13.34 Bn
Sep 30, 2018 13.76 Bn
Jun 30, 2018 13.98 Bn
Mar 31, 2018 15.04 Bn
Dec 31, 2017 16.80 Bn
Sep 30, 2017 14.35 Bn
Jun 30, 2017 13.54 Bn
Mar 31, 2017 13.79 Bn
Dec 31, 2016 13.22 Bn
Sep 30, 2016 13.27 Bn
Jun 30, 2016 12.87 Bn
Mar 31, 2016 13.03 Bn
Dec 31, 2015 12.60 Bn
Sep 30, 2015 12.40 Bn
Jun 30, 2015 12.47 Bn
Mar 31, 2015 12.51 Bn
Dec 31, 2014 12.65 Bn
Sep 30, 2014 12.25 Bn
Jun 30, 2014 12.19 Bn
Mar 31, 2014 11.95 Bn
Dec 31, 2013 12.09 Bn
Sep 30, 2013 12.10 Bn
Jun 30, 2013 12.26 Bn
Mar 31, 2013 12.40 Bn
Dec 31, 2012 12.90 Bn
Sep 30, 2012 12.11 Bn
Jun 30, 2012 12.40 Bn
Mar 31, 2012 12.99 Bn
Dec 31, 2011 12.51 Bn
Sep 30, 2011 11.68 Bn
Jun 30, 2011 12.48 Bn
Mar 31, 2011 12.73 Bn
Dec 31, 2010 13.34 Bn
Sep 30, 2010 12.25 Bn
Jun 30, 2010 12.75 Bn
Mar 31, 2010 12.12 Bn
Dec 31, 2009 12.82 Bn
Sep 30, 2009 11.68 Bn
Jun 30, 2009 12.70 Bn
Mar 31, 2009 11.82 Bn