Wells Fargo & Company (WFC) Shares Outstanding (Diluted) (2009 - 2026)
Wells Fargo & Company (WFC) reported Shares Outstanding (Diluted) of 3.07 billion for Q2 2026, down 5.9% from 3.27 billion a year earlier and down 1.4% from the prior quarter.
Wells Fargo & Company (WFC) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Wells Fargo & Company posted Shares Outstanding (Diluted) of 3.24 billion, down 6.5% from FY2024.
- Shares Outstanding (Diluted) has declined for 12 consecutive years, with a five-year compound annual growth rate of -4.7% (FY2020 to FY2025).
- By year, Shares Outstanding (Diluted) came in at 3.47 billion in FY2024 (-6.8%), 3.72 billion in FY2023 (-3.0%), 3.84 billion in FY2022 (-6.3%) and 4.1 billion in FY2021 (-0.9%).
- The Q2 2026 figure ranks as the lowest quarterly Shares Outstanding (Diluted) in data going back to Q1 2009.
- Year over year, Shares Outstanding (Diluted) has now declined in each of the last 20 quarters, with an average decline of 6.5% over the last eight quarters.
- The year-over-year decline in Shares Outstanding (Diluted) has ranged between 0.9% (Q4 2021) and 8.1% (Q2 2022) over the last five years.
- Per Business Quant data, the three quarters before Q2 2026 came in at 3.12 billion (Q1 2026), 3.24 billion (Q4 2025) and 3.22 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - | 2.69 Bn |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - | 26.92 Bn |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - | 7.29 Bn |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - | 3.51 Bn |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - | 1.57 Bn |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - | 1.41 Bn |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn | 11.40 Bn |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - | 304.90 Mn |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - | 3.07 Bn |
| 10 | American Express | 204.37 Bn | -3.81 Bn | - | 679.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.07 Bn |
| Mar 31, 2026 | 3.12 Bn |
| Dec 31, 2025 | 3.24 Bn |
| Sep 30, 2025 | 3.22 Bn |
| Jun 30, 2025 | 3.27 Bn |
| Mar 31, 2025 | 3.32 Bn |
| Dec 31, 2024 | 3.47 Bn |
| Sep 30, 2024 | 3.43 Bn |
| Jun 30, 2024 | 3.49 Bn |
| Mar 31, 2024 | 3.60 Bn |
| Dec 31, 2023 | 3.72 Bn |
| Sep 30, 2023 | 3.68 Bn |
| Jun 30, 2023 | 3.72 Bn |
| Mar 31, 2023 | 3.82 Bn |
| Dec 31, 2022 | 3.84 Bn |
| Sep 30, 2022 | 3.83 Bn |
| Jun 30, 2022 | 3.82 Bn |
| Mar 31, 2022 | 3.87 Bn |
| Dec 31, 2021 | 4.10 Bn |
| Sep 30, 2021 | 4.09 Bn |
Wells Fargo & Company Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=WFC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=WFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();