Wells Fargo & Company (WFC) Tax Provisions (2009 - 2026)
Wells Fargo & Company's (WFC) quarterly Tax Provisions came in at $691.0 million in Q1 2026, up 32.38% year-on-year from $522.0 million in Q1 2025, and down 37.35% quarter-over-quarter from $1.1 billion in Q4 2025.
Wells Fargo & Company (WFC) Tax Provisions (2009 - 2026) Analysis & Trends
Wells Fargo & Company has disclosed Tax Provisions across 18 years of filings, most recently posting $691.0 million for Q1 2026.
- Tax Provisions for Q1 2026 came in at $691.0 million, up 32.38% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.0 billion (up 35.61% YoY), and the FY2025 annual result was $3.8 billion, up 13.0% from the prior year.
- Tax Provisions came in at $691.0 million for Q1 2026 at Wells Fargo & Company, down from $1.1 billion in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $1.3 billion in Q3 2025 to a low of -$100.0 million in Q4 2023.
- The 5-year median for Tax Provisions is $912.0 million (2022), against an average of $752.3 million.
- Across the five-year window, Tax Provisions sank 244.83% in 2023 and jumped 819.17% in 2025, its largest moves.
- Wells Fargo & Company's Tax Provisions stood at -$29.0 million in 2022, then tumbled by 244.83% to -$100.0 million in 2023, then surged by 220.0% to $120.0 million in 2024, then surged by 819.17% to $1.1 billion in 2025, then tumbled by 37.35% to $691.0 million in 2026.
- The last three Tax Provisions figures came in at $691.0 million (Q1 2026), $1.1 billion (Q4 2025), and $1.3 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,329,940,501.22 Bn | 1,329,940,501.43 Bn | - | 537.65 Mn |
| 2 | Hsbc Holdings | 37,228.00 Bn | 37,228.45 Bn | - | -1.98 Bn |
| 3 | Royal Bank Of Canada | 2,913.28 Bn | 2,841.72 Bn | - | 1.17 Bn |
| 4 | Toronto Dominion Bank | 959.65 Bn | 952.85 Bn | - | 565.37 Mn |
| 5 | Bank Of Montreal | 416.15 Bn | 416.15 Bn | - | 602.40 Mn |
| 6 | Bank Of America | 390.60 Bn | -216.10 Bn | 29.24 Bn | 1.82 Bn |
| 7 | Barclays | 379.37 Bn | -269.24 Bn | - | -860.14 Mn |
| 8 | Mitsubishi Ufj Financial | 271.88 Bn | -414.40 Bn | 3.81 Bn | 571.72 Mn |
| 9 | Wells Fargo & Company | 252.38 Bn | 177.30 Bn | - | 691.00 Mn |
| 10 | Citigroup | 242.69 Bn | -1,942.31 Bn | 19.85 Bn | 1.29 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 1.45 Bn |