Wells Fargo & Company (WFC) Net Margin (2009 - 2026)
Wells Fargo & Company's (WFC) quarterly Net Margin came in at 27.23% in Q2 2026, up 219.0% year-over-year from 8.54% in Q2 2025, and up 16.8% quarter-over-quarter from 23.31% in Q1 2026.
Analysis
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 27.23% for Q2 2026.
- In Q2 2026, Net Margin rose 219.0% year-over-year to 27.23%; the TTM figure through Jun 2026 stood at 24.9% (up 106.0% YoY), while the FY2025 annual figure was 24.24%, up 163.0% from the prior year.
- Net Margin came in at 27.23% for Q2 2026 at Wells Fargo & Company, up from 23.31% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 27.23% in Q2 2026 to a low of 14.36% in Q4 2022.
- Average Net Margin over 5 years is 21.82%, with a median of 22.82% recorded in 2023.
- Year-over-year, Net Margin sank 1366 bps in 2022 and soared 920 bps in 2023.
- Over 5 years, 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 grew by 13 bps to 27.23% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 27.23% in Q2 2026, 23.31% in Q1 2026, and 24.02% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | 27.72% |
| 2 | Morgan Stanley | 342.23 Bn | 182.09 Bn | - | 25.46% |
| 3 | Goldman Sachs | 302.60 Bn | -673.74 Bn | - | 31.46% |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | - |
| 5 | Royal Bank Of Canada | 295.00 Bn | 68.16 Bn | - | 32.48% |
| 6 | Wells Fargo & Company | 272.35 Bn | 70.52 Bn | - | 27.23% |
| 7 | American Express | 220.11 Bn | 170.79 Bn | 17.99 Bn | 15.84% |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | 11.41% |
| 9 | Toronto Dominion Bank | 205.51 Bn | 44.18 Bn | - | 26.78% |
| 10 | Schwab Charles | 189.00 Bn | 115.41 Bn | - | 37.91% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.23% |
| 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% |