Wells Fargo & Company (WFC) Deferred Taxes (2009 - 2026)
Wells Fargo & Company (WFC) posted Deferred Taxes of $865.0 million for Q2 2026, up 2.61% sequentially from $843.0 million in Q1 2026, and up 12.63% YoY from $768.0 million in Q2 2025.
Wells Fargo & Company (WFC) Deferred Taxes (2009 - 2026) Analysis & Trends
Wells Fargo & Company has reported Deferred Taxes for 18 years, with the latest figure at $865.0 million in Q2 2026.
- Quarterly Deferred Taxes rose 12.63% year-over-year to $865.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $2.4 billion (up 62.16% YoY) and the FY2025 annual result came in at $1.9 billion, up 105.27% from the prior year.
- Deferred Taxes climbed to $865.0 million in Q2 2026 per WFC's latest filing, from $843.0 million in the prior quarter.
- Over five years, Deferred Taxes peaked at $919.0 million in Q2 2024 and troughed at -$763.0 million in Q4 2022.
- A 5-year average of $183.3 million and a median of $186.5 million in 2022 frame the typical range for Deferred Taxes.
- The sharpest annual moves came in 2023 and 2024: Deferred Taxes tumbled 528.57% in 2023, then soared 14066.67% in 2024.
- Over 5 years, Deferred Taxes stood at -$763.0 million in 2022, then soared by 203.28% to $788.0 million in 2023, then tumbled by 170.69% to -$557.0 million in 2024, then surged by 141.83% to $233.0 million in 2025, then soared by 271.24% to $865.0 million in 2026.
- According to Business Quant data, Deferred Taxes over the past three periods registered $865.0 million, $843.0 million, and $233.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.66 Bn | -145.83 Bn | 30.39 Bn | 511.00 Mn |
| 2 | Hsbc Holdings | 350.79 Bn | 350.79 Bn | - | - |
| 3 | Royal Bank Of Canada | 287.27 Bn | 88.34 Bn | - | 149.88 Mn |
| 4 | Wells Fargo & Company | 254.74 Bn | 50.77 Bn | - | 865.00 Mn |
| 5 | Mitsubishi Ufj Financial | 246.23 Bn | -147.39 Bn | 10.89 Bn | - |
| 6 | Citigroup | 221.13 Bn | -2,081.18 Bn | 24.75 Bn | - |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.25 Bn | 19.76 Bn | - | -200.61 Mn |
| 9 | UBS Group AG | 167.62 Bn | -48.10 Bn | - | - |
| 10 | Bank of New York Mellon | 108.21 Bn | 46.98 Bn | - | -75.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 865.00 Mn |
| Mar 31, 2026 | 843.00 Mn |
| Dec 31, 2025 | 233.00 Mn |
| Sep 30, 2025 | 446.00 Mn |
| Jun 30, 2025 | 768.00 Mn |
| Mar 31, 2025 | 423.00 Mn |
| Dec 31, 2024 | -557.00 Mn |
| Sep 30, 2024 | 838.00 Mn |
| Jun 30, 2024 | 919.00 Mn |
| Mar 31, 2024 | -289.00 Mn |
| Dec 31, 2023 | 788.00 Mn |
| Sep 30, 2023 | -6.00 Mn |
| Jun 30, 2023 | -132.00 Mn |
| Mar 31, 2023 | -600.00 Mn |
| Dec 31, 2022 | -763.00 Mn |
| Sep 30, 2022 | -720.00 Mn |
| Jun 30, 2022 | 104.00 Mn |
| Mar 31, 2022 | 140.00 Mn |
| Dec 31, 2021 | -1.58 Bn |
| Sep 30, 2021 | 1.19 Bn |