Wells Fargo & Company (WFC) Tax Provisions (2009 - 2026)
Wells Fargo & Company's Tax Provisions was $1.4 billion in Q2 2026, up 53.1% from $916 million a year earlier and up 102.9% from the prior quarter.
Wells Fargo & Company (WFC) Tax Provisions (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Wells Fargo & Company's Tax Provisions was $4.5 billion through Jun 30, 2026, up 71.5% year-over-year; for FY2025, it was $3.84 billion, up 13.0% from FY2024.
- Tax Provisions has now increased for three consecutive years.
- In earlier years, Tax Provisions was $3.4 billion in FY2024 (+30.4%), $2.61 billion in FY2023 (+15.8%), $2.25 billion in FY2022 (-60.9%) and $5.76 billion in FY2021.
- The Q2 2026 figure marks the highest quarterly Tax Provisions since Q4 2021.
- Compared with a year earlier, Tax Provisions has increased for four straight quarters, with growth averaging 126.5% over the last seven quarters.
- The best year-over-year quarter for Tax Provisions over five years was Q4 2025 (growth of 819.2%); the worst was Q2 2022 (a decline of 57.0%).
- Per Business Quant data, WFC's Tax Provisions in the three quarters before Q2 2026 was $691 million (Q1 2026), $1.1 billion (Q4 2025) and $1.3 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - | 6.36 Bn |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - | -51.13 Bn |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - | 2.49 Bn |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - | 1.70 Bn |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - | 1.24 Bn |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn | 1.17 Bn |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - | 1.94 Bn |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - | 1.40 Bn |
| 10 | Banco Santander | 208.29 Bn | 215.91 Bn | - | 4.67 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.40 Bn |
| Mar 31, 2026 | 691.00 Mn |
| Dec 31, 2025 | 1.10 Bn |
| Sep 30, 2025 | 1.30 Bn |
| Jun 30, 2025 | 916.00 Mn |
| Mar 31, 2025 | 522.00 Mn |
| Dec 31, 2024 | 120.00 Mn |
| Sep 30, 2024 | 1.06 Bn |
| Jun 30, 2024 | 1.25 Bn |
| Mar 31, 2024 | 964.00 Mn |
| Dec 31, 2023 | -100.00 Mn |
| Sep 30, 2023 | 811.00 Mn |
| Jun 30, 2023 | 930.00 Mn |
| Mar 31, 2023 | 966.00 Mn |
| Dec 31, 2022 | -29.00 Mn |
| Sep 30, 2022 | 912.00 Mn |
| Jun 30, 2022 | 622.00 Mn |
| Mar 31, 2022 | 746.00 Mn |
| Dec 31, 2021 | 1.90 Bn |
| Sep 30, 2021 | 1.52 Bn |
Wells Fargo & Company Tax Provisions 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=tax-provisions&ticker=WFC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=WFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();