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
DateValue
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