Wells Fargo & Company WFC
NYSE WFC
$89.68 +1.72 (+1.95%)
As of: Sep 9, 2026 · 3:59 PM EDT

Wells Fargo & Company (WFC) Tax Provisions (2009 - 2026)

Wells Fargo & Company's (WFC) quarterly Tax Provisions came in at $1.4 billion in Q2 2026, up 53.06% year-over-year from $916.0 million in Q2 2025, and up 102.89% quarter-over-quarter from $691.0 million in Q1 2026.

Analysis

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 $1.4 billion for Q2 2026.

  • In Q2 2026, Tax Provisions rose 53.06% year-over-year to $1.4 billion; the TTM figure through Jun 2026 stood at $4.5 billion (up 71.47% YoY), while the FY2025 annual figure was $3.8 billion, up 13.0% from the prior year.
  • Tax Provisions came in at $1.4 billion for Q2 2026 at Wells Fargo & Company, up from $691.0 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $1.4 billion in Q2 2026 to a low of -$100.0 million in Q4 2023.
  • Average Tax Provisions over 5 years is $788.4 million, with a median of $914.0 million recorded in 2022.
  • Year-over-year, Tax Provisions plunged 244.83% in 2023 and surged 819.17% in 2025.
  • Over 5 years, Tax Provisions stood at -$29.0 million in 2022, then sank 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 climbed by 27.11% to $1.4 billion in 2026.
  • Per Business Quant data, the three most recent Tax Provisions figures were $1.4 billion in Q2 2026, $691.0 million in Q1 2026, and $1.1 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Bank Of America 2,145.36 Bn 1,556.87 Bn 30.39 Bn 2.49 Bn
2 Morgan Stanley 335.03 Bn 174.89 Bn - 1.70 Bn
3 Goldman Sachs 309.45 Bn -666.90 Bn - 1.94 Bn
4 Mitsubishi Ufj Financial 296.69 Bn -87.63 Bn 10.89 Bn 1.70 Bn
5 Royal Bank Of Canada 291.49 Bn 64.61 Bn - 1.24 Bn
6 Wells Fargo & Company 272.88 Bn 68.91 Bn - 1.40 Bn
7 American Express 218.59 Bn 169.28 Bn 17.99 Bn 961.00 Mn
8 Banco Santander 214.76 Bn 222.37 Bn 28.01 Bn -
9 Toronto Dominion Bank 205.88 Bn 44.55 Bn - 883.59 Mn
10 Schwab Charles 185.06 Bn 111.46 Bn - 869.00 Mn
Historic Data

Historic Data

Download Data
DateValue
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