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

Wells Fargo & Company (WFC) posted Tax Provisions of $691.0 million for Q1 2026, down 37.35% sequentially from $1.1 billion in Q4 2025, and up 32.38% YoY from $522.0 million in Q1 2025.

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

Wells Fargo & Company (WFC) has 18 years of Tax Provisions data on file, last reported at $691.0 million in Q1 2026.

  • Quarterly Tax Provisions rose 32.38% year-over-year to $691.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.0 billion (up 35.61% YoY) and the FY2025 annual result came in at $3.8 billion, up 13.0% from the prior year.
  • Tax Provisions slipped to $691.0 million in Q1 2026 per WFC's latest filing, from $1.1 billion in the prior quarter.
  • The five-year high for Tax Provisions was $1.3 billion in Q3 2025, with the low at -$100.0 million in Q4 2023.
  • Average Tax Provisions over 5 years is $752.3 million, with a median of $912.0 million recorded in 2022.
  • Year-over-year, Tax Provisions tumbled 244.83% in 2023 and surged 819.17% in 2025.
  • Wells Fargo & Company's Tax Provisions stood at -$29.0 million in 2022, then plunged 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 plunged by 37.35% to $691.0 million in 2026.
  • Business Quant data shows WFC's Tax Provisions at $691.0 million in Q1 2026, $1.1 billion in Q4 2025, and $1.3 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Hsbc Holdings 1,641.64 Bn 1,642.09 Bn - -1.98 Bn
2 Bank Of America 423.61 Bn -183.09 Bn 29.24 Bn 1.82 Bn
3 Wells Fargo & Company 264.70 Bn 189.62 Bn - 691.00 Mn
4 Citigroup 256.70 Bn -1,928.30 Bn 19.85 Bn 1.29 Bn
5 UBS Group AG 156.73 Bn 156.73 Bn - -
6 Bank of New York Mellon 100.92 Bn 44.00 Bn - 386.00 Mn
7 Jpmorgan Chase 93.06 Bn 120.14 Bn - 3.99 Bn
8 Sumitomo Mitsui Financial 92.45 Bn 93.39 Bn - -904.18 Mn
9 Bank of N.T. Butterfield & Son 2.40 Bn -454.67 Mn 152.73 Mn -1.35 Mn
10 Ing Groep - - - -

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