Wells Fargo & Company (WFC) Net Margin (2009 - 2026)
Wells Fargo & Company (WFC) posted Net Margin of 27.23% for Q2 2026, up 2.19 percentage points from 25.04% a year earlier and up 3.92 percentage points from the prior quarter.
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Analysis
Wells Fargo & Company (WFC) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Wells Fargo & Company was 24.90%, up 1.06 percentage points year-over-year; for FY2025, it was 24.24%, up 1.63 percentage points from FY2024.
- Annual Net Margin has increased for three consecutive years, with a five-year change of +21.83 percentage points (FY2020 to FY2025).
- In prior years, Wells Fargo & Company's Net Margin was 22.61% in FY2024 (+0.84 pp), 21.77% in FY2023 (+4.88 pp), 16.89% in FY2022 (-9.40 pp) and 26.30% in FY2021 (+23.89 pp).
- The Q2 2026 figure stands as the highest quarterly Net Margin since Q4 2021.
- On a year-over-year basis, Net Margin has increased in each of the last seven quarters, with an average year-over-year change of +1.85 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q4 2021, with a gain of 13.19 percentage points; the weakest was Q4 2022, with a drop of 13.66 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 23.31% (Q1 2026), 24.02% (Q4 2025) and 24.92% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - | 36.19% |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - | - |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - | 27.72% |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - | 25.46% |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - | 32.50% |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - | 31.46% |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - | 27.23% |
| 10 | Banco Santander | 208.29 Bn | 215.91 Bn | - | 22.43% |
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% |
API Access
Wells Fargo & Company Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=WFC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "WFC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=WFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();