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| Date | Value |
|---|---|
| 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 |