Wells Fargo & Company WFC
NYSE WFC
$80.11 -0.37 (-0.46%)
At close: Sep 30, 2026 · 4:00 PM EDT

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

Updated

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.

Analysis

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 Set

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

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
API Access

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