Wells Fargo & Company (WFCNP) Tax Provisions (2009 - 2026)
Wells Fargo & Company's (WFCNP) 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 (WFCNP) 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 | 1,362,688,030.33 Bn | 1,362,688,030.55 Bn | - | 537.65 Mn |
| 2 | Hsbc Holdings | 38,978.70 Bn | 38,979.15 Bn | - | -1.98 Bn |
| 3 | Royal Bank Of Canada | 3,027.68 Bn | 2,956.13 Bn | - | 1.17 Bn |
| 4 | Toronto Dominion Bank | 1,012.32 Bn | 1,005.51 Bn | - | 565.37 Mn |
| 5 | Bank Of America | 408.37 Bn | -198.33 Bn | 29.24 Bn | 1.82 Bn |
| 6 | Barclays | 379.37 Bn | -269.24 Bn | - | -860.14 Mn |
| 7 | Bank Of Montreal | 375.83 Bn | 375.83 Bn | - | 602.40 Mn |
| 8 | Mitsubishi Ufj Financial | 288.20 Bn | -398.08 Bn | 3.81 Bn | 571.72 Mn |
| 9 | Citigroup | 263.31 Bn | -1,921.68 Bn | 19.85 Bn | 1.29 Bn |
| 10 | Wells Fargo & Company | - | - | - | 691.00 Mn |
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 |