Wells Fargo & Company (WFC-PY) Tax Provisions (2009 - 2026)

Wells Fargo & Company recorded quarterly Tax Provisions of $691.0 million in Q1 2026, down 37.35% quarter-over-quarter from $1.1 billion in Q4 2025, and up 32.38% year-over-year from $522.0 million in Q1 2025.

Wells Fargo & Company's Tax Provisions history runs 18 years deep, the most recent figure standing at $691.0 million for Q1 2026.

  • In Q1 2026, Tax Provisions rose 32.38% year-over-year to $691.0 million; the TTM figure through Mar 2026 stood at $4.0 billion (up 35.61% YoY), while the FY2025 annual figure was $3.8 billion, up 13.0% from the prior year.
  • Tax Provisions came in at $691.0 million for Q1 2026 at Wells Fargo & Company, down from $1.1 billion in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $1.3 billion in Q3 2025 to a low of -$100.0 million in Q4 2023.
  • A 5-year average of $752.3 million and a median of $912.0 million in 2022 frame the typical range for Tax Provisions.
  • Across the five-year window, Tax Provisions plunged 244.83% in 2023 and surged 819.17% in 2025, its largest moves.
  • Wells Fargo & Company's Tax Provisions stood at -$29.0 million in 2022, then slumped by 244.83% to -$100.0 million in 2023, then soared by 220.0% to $120.0 million in 2024, then soared by 819.17% to $1.1 billion in 2025, then slumped by 37.35% to $691.0 million in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered $691.0 million, $1.1 billion, and $1.3 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Canadian Imperial Bank Of Commerce 1,282,929,665.61 Bn 1,282,929,665.82 Bn - -
2 Toronto Dominion Bank 928.05 Bn 749.34 Bn - -74.22 Mn
3 Hsbc Holdings 799.80 Bn 799.80 Bn - 5.37 Bn
4 Barclays 460.27 Bn 460.27 Bn - -
5 Bank Of America 373.62 Bn -233.08 Bn 29.24 Bn 1.82 Bn
6 Bank Of Montreal 316.89 Bn 316.89 Bn - 602.40 Mn
7 Wells Fargo & Company 238.28 Bn 163.21 Bn - 691.00 Mn
8 Citigroup 235.82 Bn -1,949.18 Bn 19.85 Bn 1.29 Bn
9 Bank of New York Mellon 94.86 Bn 37.94 Bn - 386.00 Mn
10 Wells Fargo & Company - - - 691.00 Mn

Historic Data

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DateValue
Mar 31, 2026 691.00 Mn
Dec 31, 2025 1.10 Bn
Sep 30, 2025 1.30 Bn
Jun 30, 2025 916.00 Mn
Mar 31, 2025 522.00 Mn
Dec 31, 2024 120.00 Mn
Sep 30, 2024 1.06 Bn
Jun 30, 2024 1.25 Bn
Mar 31, 2024 964.00 Mn
Dec 31, 2023 -100.00 Mn
Sep 30, 2023 811.00 Mn
Jun 30, 2023 930.00 Mn
Mar 31, 2023 966.00 Mn
Dec 31, 2022 -29.00 Mn
Sep 30, 2022 912.00 Mn
Jun 30, 2022 622.00 Mn
Mar 31, 2022 746.00 Mn
Dec 31, 2021 1.90 Bn
Sep 30, 2021 1.52 Bn
Jun 30, 2021 1.45 Bn
Mar 31, 2021 901.00 Mn
Dec 31, 2020 574.00 Mn
Sep 30, 2020 -83.00 Mn
Jun 30, 2020 -2.00 Bn
Mar 31, 2020 159.00 Mn
Dec 31, 2019 2.28 Bn
Sep 30, 2019 1.30 Bn
Jun 30, 2019 1.29 Bn
Mar 31, 2019 881.00 Mn
Dec 31, 2018 966.00 Mn
Sep 30, 2018 1.51 Bn
Jun 30, 2018 1.81 Bn
Mar 31, 2018 1.37 Bn
Dec 31, 2017 -1.64 Bn
Sep 30, 2017 2.18 Bn
Jun 30, 2017 2.25 Bn
Mar 31, 2017 2.13 Bn
Dec 31, 2016 2.26 Bn
Sep 30, 2016 2.60 Bn
Jun 30, 2016 2.65 Bn
Mar 31, 2016 2.57 Bn
Dec 31, 2015 2.53 Bn
Sep 30, 2015 2.79 Bn
Jun 30, 2015 2.76 Bn
Mar 31, 2015 2.28 Bn
Dec 31, 2014 2.52 Bn
Sep 30, 2014 2.64 Bn
Jun 30, 2014 2.87 Bn
Mar 31, 2014 2.28 Bn
Dec 31, 2013 2.50 Bn
Sep 30, 2013 2.62 Bn
Jun 30, 2013 2.86 Bn
Mar 31, 2013 2.42 Bn
Dec 31, 2012 1.92 Bn
Sep 30, 2012 2.48 Bn
Jun 30, 2012 2.37 Bn
Mar 31, 2012 2.33 Bn
Dec 31, 2011 -1.70 Bn
Sep 30, 2011 2.00 Bn
Jun 30, 2011 2.00 Bn
Mar 31, 2011 1.57 Bn
Dec 31, 2010 -2.62 Bn
Sep 30, 2010 1.75 Bn
Jun 30, 2010 1.51 Bn
Mar 31, 2010 1.40 Bn
Dec 31, 2009 -8.50 Bn
Sep 30, 2009 1.36 Bn
Jun 30, 2009 1.48 Bn
Mar 31, 2009 1.55 Bn