Wells Fargo & Company (WFC) Net Margin (2009 - 2026)
Wells Fargo & Company's (WFC) quarterly Net Margin came in at 23.31% in Q1 2026, up 41.0% year-on-year from 16.54% in Q1 2025, and down 2.93% quarter-over-quarter from 24.02% in Q4 2025.
Wells Fargo & Company (WFC) Net Margin (2009 - 2026) Analysis & Trends
Wells Fargo & Company has disclosed Net Margin across 18 years of filings, most recently posting 23.31% for Q1 2026.
- Net Margin for Q1 2026 came in at 23.31%, up 41.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 24.32% (up 114.0% YoY), and the FY2025 annual result was 24.24%, up 163.0% from the prior year.
- Net Margin came in at 23.31% for Q1 2026 at Wells Fargo & Company, down from 24.02% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 26.13% in Q3 2023 to a low of 14.36% in Q4 2022.
- The 5-year median for Net Margin is 22.74% (2023), against an average of 21.5%.
- Across the five-year window, Net Margin slumped 1366 bps in 2022 and surged 920 bps in 2023, its largest moves.
- Wells Fargo & Company's Net Margin stood at 14.36% in 2022, then rose by 7 bps to 15.43% in 2023, then surged by 53 bps to 23.56% in 2024, then increased by 2 bps to 24.02% in 2025, then declined by 3 bps to 23.31% in 2026.
- The last three Net Margin figures came in at 23.31% (Q1 2026), 24.02% (Q4 2025), and 24.92% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,329,940,501.22 Bn | 1,329,940,501.43 Bn | - | 29.27% |
| 2 | Hsbc Holdings | 37,228.00 Bn | 37,228.45 Bn | - | 37.25% |
| 3 | Royal Bank Of Canada | 2,913.28 Bn | 2,841.72 Bn | - | 1.42% |
| 4 | Toronto Dominion Bank | 959.65 Bn | 952.85 Bn | - | 25.63% |
| 5 | Bank Of Montreal | 416.15 Bn | 416.15 Bn | - | 25.35% |
| 6 | Bank Of America | 390.60 Bn | -216.10 Bn | 29.24 Bn | 26.94% |
| 7 | Barclays | 379.37 Bn | -269.24 Bn | - | - |
| 8 | Mitsubishi Ufj Financial | 271.88 Bn | -414.40 Bn | 3.81 Bn | - |
| 9 | Wells Fargo & Company | 252.38 Bn | 177.30 Bn | - | 23.31% |
| 10 | Citigroup | 242.69 Bn | -1,942.31 Bn | 19.85 Bn | -0.01% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.31% |
| Dec 31, 2025 | 24.02% |
| Sep 30, 2025 | 24.92% |
| Jun 30, 2025 | 25.04% |
| Mar 31, 2025 | 22.91% |
| Dec 31, 2024 | 23.56% |
| Sep 30, 2024 | 23.82% |
| Jun 30, 2024 | 22.43% |
| Mar 31, 2024 | 20.67% |
| Dec 31, 2023 | 15.43% |
| Sep 30, 2023 | 26.13% |
| Jun 30, 2023 | 22.69% |
| Mar 31, 2023 | 22.74% |
| Dec 31, 2022 | 14.36% |
| Sep 30, 2022 | 16.93% |
| Jun 30, 2022 | 16.80% |
| Mar 31, 2022 | 19.79% |
| Dec 31, 2021 | 28.02% |
| Sep 30, 2021 | 25.42% |
| Jun 30, 2021 | 28.33% |