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

Wells Fargo & Company (WFC) posted Operating Expenses of $14.3 billion for Q1 2026, up 4.4% sequentially from $13.7 billion in Q4 2025, and up 3.16% YoY from $13.9 billion in Q1 2025.

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

Wells Fargo & Company (WFC) has 18 years of Operating Expenses data on file, last reported at $14.3 billion in Q1 2026.

  • Quarterly Operating Expenses rose 3.16% year-over-year to $14.3 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $55.3 billion (up 2.09% YoY) and the FY2025 annual result came in at $54.8 billion, changed 0.45% from the prior year.
  • Operating Expenses climbed to $14.3 billion in Q1 2026 per WFC's latest filing, from $13.7 billion in the prior quarter.
  • The five-year high for Operating Expenses was $16.2 billion in Q4 2022, with the low at $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 increased 23.32% in 2022 and dropped 11.95% in 2024.
  • Wells Fargo & Company's Operating Expenses stood at $16.2 billion in 2022, then slipped by 2.47% to $15.8 billion in 2023, then slipped by 11.95% to $13.9 billion in 2024, then dropped by 1.25% to $13.7 billion in 2025, then climbed by 4.4% to $14.3 billion in 2026.
  • Business Quant data shows WFC's Operating Expenses at $14.3 billion in Q1 2026, $13.7 billion in Q4 2025, and $13.8 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Hsbc Holdings 1,641.64 Bn 1,642.09 Bn - 609.00 Mn
2 Bank Of America 423.61 Bn -183.09 Bn 29.24 Bn 18.53 Bn
3 Wells Fargo & Company 264.70 Bn 189.62 Bn - 14.33 Bn
4 Citigroup 256.70 Bn -1,928.30 Bn 19.85 Bn 13.84 Bn
5 UBS Group AG 156.73 Bn 156.73 Bn - -
6 Bank of New York Mellon 100.92 Bn 44.00 Bn - 3.40 Bn
7 Jpmorgan Chase 93.06 Bn 120.14 Bn - 26.85 Bn
8 Sumitomo Mitsui Financial 92.45 Bn 93.39 Bn - -19.18 Bn
9 Bank of N.T. Butterfield & Son 2.40 Bn -454.67 Mn 152.73 Mn 90.51 Mn
10 Ing Groep - - - -

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