Wells Fargo & Company (WFC) Return on Equity [ROE] (2009 - 2025)
Wells Fargo & Company's Return on Equity [ROE] was 12.67% in Q2 2026, up 1.32 percentage points from 11.35% a year earlier and up 0.64 percentage points from the prior quarter.
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Analysis
Wells Fargo & Company (WFC) Return on Equity [ROE] (2009 - 2025) Analysis & Trends
For FY2025, Return on Equity [ROE] at Wells Fargo & Company came in at 11.73%, up 0.90 percentage points from FY2024.
- Return on Equity [ROE] has now increased for three consecutive years, with a five-year change of +9.77 percentage points (FY2020 to FY2025).
- In earlier years, Return on Equity [ROE] was 10.84% in FY2024 (+0.54 pp), 10.30% in FY2023 (+3.11 pp), 7.19% in FY2022 (-5.48 pp) and 12.67% in FY2021 (+10.71 pp).
- The Q2 2026 figure marks the highest quarterly Return on Equity [ROE] since Q4 2014.
- Compared with a year earlier, Return on Equity [ROE] has increased for seven straight quarters, with an average year-over-year change of +0.87 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Equity [ROE] over five years was Q4 2021 (a gain of 10.64 percentage points); the worst was Q4 2022 (a drop of 5.08 percentage points).
- Per Business Quant data, WFC's Return on Equity [ROE] in the three quarters before Q2 2026 was 12.02% (Q1 2026), 11.67% (Q4 2025) and 11.58% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Yr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 896.53 Bn | 896.53 Bn | - | 16.13% |
| 2 | Bank Of America | 354.20 Bn | -2,021.91 Bn | - | 10.22% |
| 3 | Hsbc Holdings | 303.54 Bn | -1,800.05 Bn | - | 12.07% |
| 4 | Royal Bank Of Canada | 283.29 Bn | -546.75 Bn | - | 15.25% |
| 5 | Morgan Stanley | 281.19 Bn | -262.84 Bn | - | 15.61% |
| 6 | Goldman Sachs | 256.26 Bn | -3,487.19 Bn | - | 13.91% |
| 7 | Wells Fargo & Company | 253.33 Bn | 253.33 Bn | - | 11.73% |
| 8 | Mitsubishi Ufj Financial | 238.77 Bn | -102.62 Bn | 10.89 Bn | 9.66% |
| 9 | American Express | 216.03 Bn | 15.51 Bn | - | 33.99% |
| 10 | Toronto Dominion Bank | 211.21 Bn | -464.66 Bn | - | 16.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 11.73% |
| Dec 31, 2024 | 10.84% |
| Dec 31, 2023 | 10.30% |
| Dec 31, 2022 | 7.19% |
| Dec 31, 2021 | 12.67% |
| Dec 31, 2020 | 1.96% |
| Dec 31, 2019 | 10.50% |
| Dec 31, 2018 | 11.29% |
| Dec 31, 2017 | 10.99% |
| Dec 31, 2016 | 11.18% |
| Dec 31, 2015 | 12.28% |
| Dec 31, 2014 | 13.25% |
| Dec 31, 2013 | 13.47% |
| Dec 31, 2012 | 12.89% |
| Dec 31, 2011 | 12.03% |
| Dec 31, 2010 | 10.45% |
| Dec 31, 2009 | 11.69% |
API Access
Wells Fargo & Company Return on Equity [ROE] 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=return-on-equity-%5Broe%5D-annual&ticker=WFC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]-annual", "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=return-on-equity-%5Broe%5D-annual&ticker=WFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();