Wells Fargo & Company (WFC) Operating Expenses (2009 - 2026)

Wells Fargo & Company's (WFC) quarterly Operating Expenses came in at $14.3 billion in Q1 2026, up 3.16% year-on-year from $13.9 billion in Q1 2025, and up 4.4% quarter-over-quarter from $13.7 billion in Q4 2025.

Wells Fargo & Company (WFC) Operating Expenses (2009 - 2026) Analysis & Trends

Wells Fargo & Company has disclosed Operating Expenses across 18 years of filings, most recently posting $14.3 billion for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $14.3 billion, up 3.16% year-over-year; the trailing twelve-month figure through Mar 2026 was $55.3 billion (up 2.09% YoY), and the FY2025 annual result was $54.8 billion, changed 0.45% from the prior year.
  • Operating Expenses came in at $14.3 billion for Q1 2026 at Wells Fargo & Company, up from $13.7 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $16.2 billion in Q4 2022 to a low of $12.9 billion in Q2 2022.
  • The 5-year median for Operating Expenses is $13.8 billion (2025), against an average of $13.9 billion.
  • Across the five-year window, Operating Expenses gained 23.32% in 2022 and fell 11.95% in 2024, its largest moves.
  • Wells Fargo & Company's Operating Expenses stood at $16.2 billion in 2022, then fell by 2.47% to $15.8 billion in 2023, then fell by 11.95% to $13.9 billion in 2024, then retreated by 1.25% to $13.7 billion in 2025, then rose by 4.4% to $14.3 billion in 2026.
  • The last three Operating Expenses figures came in at $14.3 billion (Q1 2026), $13.7 billion (Q4 2025), and $13.8 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Canadian Imperial Bank Of Commerce 1,329,940,501.22 Bn 1,329,940,501.43 Bn - 3.06 Bn
2 Hsbc Holdings 37,228.00 Bn 37,228.45 Bn - 609.00 Mn
3 Royal Bank Of Canada 2,913.28 Bn 2,841.72 Bn - 6.82 Bn
4 Toronto Dominion Bank 959.65 Bn 952.85 Bn - 6.11 Bn
5 Bank Of Montreal 416.15 Bn 416.15 Bn - 4.15 Bn
6 Bank Of America 390.60 Bn -216.10 Bn 29.24 Bn 18.53 Bn
7 Barclays 379.37 Bn -269.24 Bn - -6.13 Bn
8 Mitsubishi Ufj Financial 271.88 Bn -414.40 Bn 3.81 Bn -12.60 Bn
9 Wells Fargo & Company 252.38 Bn 177.30 Bn - 14.33 Bn
10 Citigroup 242.69 Bn -1,942.31 Bn 19.85 Bn 13.84 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 14.33 Bn
Dec 31, 2025 13.73 Bn
Sep 30, 2025 13.85 Bn
Jun 30, 2025 13.38 Bn
Mar 31, 2025 13.89 Bn
Dec 31, 2024 13.90 Bn
Sep 30, 2024 13.07 Bn
Jun 30, 2024 13.29 Bn
Mar 31, 2024 14.34 Bn
Dec 31, 2023 15.79 Bn
Sep 30, 2023 13.11 Bn
Jun 30, 2023 12.99 Bn
Mar 31, 2023 13.68 Bn
Dec 31, 2022 16.19 Bn
Sep 30, 2022 14.31 Bn
Jun 30, 2022 12.86 Bn
Mar 31, 2022 13.85 Bn
Dec 31, 2021 13.13 Bn
Sep 30, 2021 13.30 Bn
Jun 30, 2021 13.34 Bn