Wells Fargo & Company WFC
NYSE WFC
$89.68 +1.72 (+1.95%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Wells Fargo & Company's (WFC) quarterly Operating Expenses came in at $13.7 billion in Q2 2026, up 2.11% year-over-year from $13.4 billion in Q2 2025, and down 4.67% quarter-over-quarter from $14.3 billion in Q1 2026.

Analysis

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 $13.7 billion for Q2 2026.

  • In Q2 2026, Operating Expenses rose 2.11% year-over-year to $13.7 billion; the TTM figure through Jun 2026 stood at $55.6 billion (up 2.44% YoY), while the FY2025 annual figure was $54.8 billion, changed 0.45% from the prior year.
  • Operating Expenses came in at $13.7 billion for Q2 2026 at Wells Fargo & Company, down from $14.3 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.
  • Average Operating Expenses over 5 years is $13.9 billion, with a median of $13.8 billion recorded in 2025.
  • Year-over-year, Operating Expenses advanced 23.32% in 2022 and retreated 11.95% in 2024.
  • Over 5 years, 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 declined by 0.47% to $13.7 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $13.7 billion in Q2 2026, $14.3 billion in Q1 2026, and $13.7 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Bank Of America 2,119.43 Bn 1,530.93 Bn 30.39 Bn 18.63 Bn
2 Morgan Stanley 342.23 Bn 182.09 Bn - 13.90 Bn
3 Goldman Sachs 302.60 Bn -673.74 Bn - 11.67 Bn
4 Mitsubishi Ufj Financial 296.69 Bn -87.63 Bn 10.89 Bn 17.50 Bn
5 Royal Bank Of Canada 295.00 Bn 68.16 Bn - 7.02 Bn
6 Wells Fargo & Company 272.35 Bn 70.52 Bn - 13.66 Bn
7 American Express 220.11 Bn 170.79 Bn 17.99 Bn 14.48 Bn
8 Banco Santander 214.76 Bn 222.37 Bn 28.01 Bn -7.44 Bn
9 Toronto Dominion Bank 205.51 Bn 44.18 Bn - 6.08 Bn
10 Schwab Charles 189.00 Bn 115.41 Bn - 3.40 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 13.66 Bn
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