Wells Fargo & Company Income Statement (2012-2025) | WFC

Income Statement Mar2012 Jun2012 Sep2012 Dec2012 Mar2013 Jun2013 Sep2013 Dec2013 Mar2014 Jun2014 Sep2014 Dec2014 Mar2015 Jun2015 Sep2015 Dec2015 Mar2016 Jun2016 Sep2016 Dec2016 Mar2017 Jun2017 Sep2017 Dec2017 Mar2018 Jun2018 Sep2018 Dec2018 Mar2019 Jun2019 Sep2019 Dec2019 Mar2020 Jun2020 Sep2020 Dec2020 Mar2021 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Revenue & Cost
Provisions 2.00B1.80B1.59B1.83B1.22B0.65B0.07B0.36B0.33B0.22B0.37B0.48B0.61B0.30B0.70B0.83B1.09B1.07B0.81B0.81B0.60B0.56B0.72B0.65B0.19B0.45B0.58B0.52B0.84B0.50B0.69B0.64B4.00B9.53B0.77B-0.18B-1.05B-1.26B-1.40B-0.45B-0.79B0.58B0.78B0.96B1.21B1.71B1.20B1.28B0.94B1.24B1.06B1.09B0.93B1.00B0.68B
Revenue 21.64B21.29B21.21B21.95B21.26B21.38B20.48B20.66B20.62B21.07B21.21B21.44B21.28B21.32B21.88B21.59B22.20B22.16B22.33B21.58B22.25B22.23B3.61B77.58B3.68B3.67B3.63B75.42B3.37B3.57B3.56B76.33B17.72B18.29B19.32B18.49B18.53B20.27B18.83B21.53B17.73B17.04B19.57B20.03B20.73B20.53B20.86B20.48B20.86B20.69B20.37B20.38B20.15B20.82B21.44B
Interest income
Interest income - Loans 9.20B9.24B9.02B9.03B8.86B8.90B8.90B8.91B8.75B8.85B8.96B9.09B8.94B9.10B9.22B9.32B9.58B9.82B9.98B10.13B0.01B10.36B10.52B10.37B10.58B0.05B11.12B11.37B0.02B11.32B10.98B44.15B0.01B8.46B7.96B7.72B7.20B7.09B7.06B7.28B7.22B8.12B10.16B12.22B13.32B14.12B14.76B14.97B14.71B14.57B14.62B14.00B13.36B13.57B13.92B
Interest Income - Debt Securities 3.33B3.38B3.02B3.91B2.66B2.97B2.83B2.90B2.62B3.04B3.12B3.12B2.72B3.11B3.20B3.10B3.04B3.16B3.48B1.57B3.17B3.54B4.32B6.52B4.39B3.59B3.60B2.67B3.94B3.78B3.67B3.57B3.47B2.95B2.45B2.37B2.31B2.20B2.35B2.39B2.56B2.70B3.04B3.47B3.78B4.04B4.18B4.11B4.26B4.47B4.63B4.68B4.71B4.88B5.11B
Interest Income - Trading Account Assets 0.38B0.34B0.30B0.34B0.33B0.34B0.33B0.38B0.37B0.41B0.43B0.48B0.45B0.48B0.48B0.56B0.60B0.57B0.59B0.29B0.64B0.71B0.75B0.64B0.63B0.69B0.72B0.79B0.79B0.74B0.79B0.81B0.77B0.66B0.55B0.56B0.53B0.50B0.51B0.55B0.55B0.55B0.63B0.74B0.80B0.89B1.06B
Other interest income 0.12B0.13B0.15B0.18B0.16B0.17B0.18B0.21B0.21B0.23B0.24B0.25B0.25B0.25B0.23B0.26B0.37B0.39B0.41B0.28B0.53B0.71B0.85B0.85B0.92B1.04B1.13B1.27B1.32B1.44B1.35B1.02B0.78B0.05B0.06B0.07B0.07B0.07B0.10B
Interest Income - Total 12.26B12.35B11.93B11.86B11.65B11.83B11.78B11.84B11.61B11.79B11.96B12.18B11.96B12.23B12.45B12.64B12.97B13.15B13.49B14.06B14.21B14.69B15.04B14.96B15.35B16.02B16.36B16.92B17.00B16.99B16.50B15.67B14.73B11.81B10.81B10.55B10.05B9.69B9.83B10.12B10.18B11.56B14.49B17.79B19.36B20.83B22.09B22.84B22.84B22.88B23.00B22.05B20.97B21.32B22.42B
Interest expenses
Interest Expense - Deposits 0.46B0.44B0.43B0.40B0.37B0.35B0.32B0.30B0.28B0.28B0.27B0.27B0.26B0.23B0.23B0.24B0.31B0.33B0.36B0.40B0.54B0.68B0.87B0.93B1.09B1.27B1.50B1.76B2.03B2.21B2.32B2.07B1.74B0.58B0.31B0.16B0.11B0.09B0.10B0.09B0.08B0.16B0.51B1.59B2.76B3.81B4.61B5.33B5.81B6.15B6.45B5.88B5.21B5.06B5.19B
Interest Expense - Debt 0.83B0.79B0.76B0.73B0.70B0.63B0.62B0.64B0.62B0.62B0.63B0.62B0.60B0.62B0.66B0.71B0.84B0.92B1.01B1.06B1.15B1.27B1.39B1.34B1.58B1.66B1.67B1.80B1.93B1.90B1.78B1.74B1.24B1.24B1.04B0.96B1.03B0.71B0.74B0.69B0.76B1.01B1.55B2.18B2.51B2.69B3.04B3.33B3.35B3.16B3.16B2.79B2.58B2.61B2.59B
Interest Expense - Others 0.06B0.07B0.06B0.06B0.07B0.07B0.08B0.09B0.09B0.09B0.11B0.10B0.10B0.08B0.09B0.09B0.09B0.08B0.09B0.09B0.09B0.11B0.11B0.12B0.13B0.15B0.16B0.16B0.14B0.13B0.14B0.14B0.14B0.12B0.09B0.09B0.11B0.10B0.09B0.10B0.13B0.16B0.17B0.18B0.18B0.21B0.21B0.23B0.23B0.27B0.27B0.27B0.33B0.33B0.35B
Interest Expenses 1.37B1.32B1.26B1.21B1.15B1.08B1.03B1.03B1.00B1.00B1.02B1.00B0.98B0.96B0.99B1.05B1.30B1.41B1.53B1.66B1.89B2.22B2.60B2.65B3.11B3.47B3.79B4.28B4.69B4.89B4.87B4.39B3.42B1.92B1.43B1.20B1.24B0.89B0.93B0.86B0.96B1.36B2.40B4.36B6.02B7.67B8.99B10.07B10.61B10.96B11.31B10.22B9.48B9.61B10.47B
Interest Income - Net 10.89B11.04B10.66B10.64B10.50B10.75B10.75B10.80B10.62B10.79B10.94B11.18B10.99B11.27B11.46B11.59B11.67B11.73B11.95B12.40B12.32B12.47B12.45B12.31B12.24B12.54B12.57B12.64B12.31B12.10B11.62B11.27B11.31B9.89B9.38B9.36B8.81B8.80B8.91B9.26B9.22B10.20B12.10B13.43B13.34B13.16B13.11B12.77B12.23B11.92B11.69B11.84B11.49B11.71B11.95B
Non-interest income
Interest Income - Total 8.89B9.24B9.07B8.81B9.28B10.10B10.67B10.44B10.29B10.57B10.57B10.70B10.38B10.97B10.75B10.76B10.58B10.66B11.15B11.60B11.72B11.92B11.73B11.66B12.05B12.09B11.99B12.12B11.47B11.59B10.93B10.56B7.31B0.35B8.60B
Financial Services Fees 1.09B1.13B1.10B1.19B1.03B1.09B1.10B1.12B1.05B1.09B1.09B1.12B1.08B1.11B1.10B1.04B0.93B0.91B0.93B0.96B0.86B0.90B0.88B0.91B0.85B0.85B
Service Charges 1.08B1.14B1.21B1.25B1.21B1.25B1.28B1.28B1.22B1.28B1.31B1.24B1.22B1.29B1.33B1.33B1.31B1.34B1.37B1.36B1.31B1.28B1.28B1.25B1.17B1.16B1.80B1.47B1.65B1.69B1.62B1.70B1.78B1.82B1.81B1.73B1.65B1.52B1.50B1.52B1.55B1.57B1.60B1.62B1.68B1.62B1.63B1.62B1.67B
Investment Gain (Loss) -0.01B-0.06B0.00B-0.06B0.04B-0.05B-0.01B-0.01B0.08B0.07B0.25B0.19B0.28B0.18B0.15B0.35B0.24B0.45B0.11B0.14B0.04B0.12B0.17B0.16B0.00B0.04B0.06B0.01B0.12B0.02B0.00B-0.01B0.24B0.21B0.26B0.16B0.15B0.28B0.12B0.00B0.14B0.01B0.00B0.01B-0.03B-0.45B-0.45B-0.15B
Investment Banking Income 0.46B0.26B0.03B
Income - Trust 2.84B2.90B2.95B3.20B3.20B3.49B3.28B3.46B3.41B3.61B3.55B3.71B3.68B3.71B3.57B3.51B3.38B3.55B3.61B3.70B3.57B3.63B3.61B3.69B3.68B3.67B
Asset Management 2.32B2.33B2.40B2.35B
Investment Advisory 0.42B0.46B0.43B0.49B
Mortgage Banking 2.87B2.89B0.10B3.07B2.79B0.05B1.61B1.57B1.51B0.07B1.63B1.51B1.55B1.71B1.59B0.10B1.60B1.41B1.67B-4.16B0.13B1.15B0.09B0.93B0.06B0.77B0.85B2.85B0.06B0.76B0.47B0.78B0.38B0.32B1.59B1.21B1.33B1.34B1.26B1.03B0.69B0.29B0.32B0.08B0.23B0.20B0.19B0.20B0.23B0.24B0.28B0.29B0.33B0.23B0.27B
Card Income 0.65B0.70B0.74B0.74B0.74B0.81B0.81B0.83B0.78B0.85B0.88B0.93B0.87B0.93B0.95B0.97B0.94B1.00B1.00B1.00B0.94B1.02B1.00B1.00B0.91B1.00B1.03B1.02B0.89B0.80B0.91B0.94B0.95B1.08B1.08B1.07B1.03B1.11B1.12B1.09B1.03B1.10B1.10B1.03B1.06B1.10B1.10B1.08B1.04B1.17B1.22B
Trading Income 0.64B0.26B0.53B0.28B0.57B0.33B0.40B0.33B0.43B0.38B0.17B0.18B0.41B0.13B-0.03B0.10B0.20B0.33B0.41B-0.33B0.27B0.15B0.12B-0.00B0.24B0.19B0.16B0.01B0.36B0.23B0.28B3.11B-1.10B1.55B0.36B-0.55B0.89B0.02B1.24B-0.18B0.22B-0.03B0.90B-0.10B1.34B1.12B1.25B1.07B1.45B1.52B1.44B1.10B0.88B1.39B1.61B
Other Non-Interest Income 2.88B2.69B0.41B9.53B1.86B1.67B1.44B5.64B0.24B0.24B0.23B4.03B0.29B0.22B0.24B1.22B1.33B0.26B1.24B4.43B1.24B1.07B1.14B1.13B0.60B0.48B0.63B2.10B1.06B1.03B1.53B3.79B1.24B0.91B1.00B0.24B0.98B0.69B0.61B2.12B0.69B0.57B0.46B1.10B0.58B0.41B0.38B0.56B0.72B0.61B0.60B0.40B0.81B0.90B0.56B
Non-Interest Income 10.75B10.25B10.55B11.30B10.76B10.63B9.73B9.86B10.01B10.28B10.27B10.26B10.29B10.05B10.42B10.00B10.53B10.43B10.38B9.18B9.93B9.76B9.40B9.74B9.70B9.01B9.37B8.34B9.30B9.49B10.38B10.36B6.41B8.39B9.94B9.13B9.72B11.47B9.93B12.27B8.51B6.84B7.47B6.60B7.39B7.37B7.75B7.71B8.64B8.77B8.68B8.54B8.65B9.11B9.49B
Operating Items
Amortization - Intangibles 0.42B0.42B0.42B0.42B0.38B0.38B0.38B0.38B0.34B0.35B0.34B0.31B0.31B0.31B0.29B0.30B0.30B0.29B0.29B0.29B0.27B0.27B0.26B0.03B0.03B0.03B0.02B0.02B
Depreciation & Amortization - Total 0.56B0.46B0.51B0.54B0.53B0.42B0.47B0.57B0.49B0.45B0.46B0.49B0.47B0.46B0.53B0.49B0.49B0.58B0.53B0.52B0.62B0.55B0.63B1.10B0.66B0.64B0.82B0.94B0.80B0.67B0.79B0.84B0.84B0.81B0.74B0.83B0.88B0.80B0.80B0.90B0.92B0.95B0.97B1.08B1.05B1.11B1.14B1.28B1.22B1.29B
Wages, Salaries and Other 3.60B3.71B3.65B3.73B3.66B3.77B3.91B3.81B3.73B3.79B3.91B3.85B3.94B4.04B4.04B4.10B4.22B4.26B4.34B4.36B4.36B4.46B4.46B19.80B4.42B8.47B8.60B8.82B8.32B8.92B8.62B8.95B9.56B8.82B8.69B8.47B9.27B8.44B8.21B8.41B9.41B8.61B8.63B9.18B9.49B8.57B8.59B9.07B9.47B8.71B9.02B
Rent Expense 0.70B0.70B0.73B0.73B0.72B0.72B0.73B0.73B0.74B0.72B0.73B0.72B0.71B0.73B0.71B0.72B0.72B0.71B0.71B0.72B0.71B0.72B0.72B0.73B0.72B0.72B0.76B0.75B0.71B0.87B0.85B0.83B0.77B0.73B0.74B0.72B0.72B0.70B0.73B0.72B0.71B0.71B0.72B0.74B0.71B0.76B0.79B0.79B0.76B0.77B0.78B
Restructuring Costs 0.72B0.78B0.01B-0.00B0.00B0.07B0.01B
Other Operating Expenses 11.73B11.24B10.88B11.63B11.15B11.12B10.90B10.79B10.72B11.03B11.06B12.65B11.29B11.29B11.21B12.60B11.79B11.66B12.06B13.21B12.50B12.31B13.11B16.80B13.71B12.71B12.41B11.50B12.54B12.09B13.62B13.93B11.54B13.01B12.87B12.36B12.36B11.79B11.82B11.51B12.25B11.36B12.78B14.56B12.04B11.33B11.41B13.97B12.57B11.42B11.14B11.83B11.91B11.33B13.06B
Operating Expenses 12.99B12.40B12.11B12.90B12.40B12.26B12.10B12.09B11.95B12.19B12.25B12.65B12.51B12.47B12.40B12.60B13.03B12.87B13.27B13.21B13.79B13.54B14.35B16.80B15.04B13.98B13.76B13.34B13.92B13.45B15.20B15.61B13.05B14.55B15.23B14.80B13.99B13.34B13.30B13.12B13.85B12.86B14.31B16.19B13.68B12.99B13.11B15.79B14.34B13.29B13.07B13.90B13.89B13.38B13.85B
EBIT 8.02B8.41B8.77B8.44B8.79B9.55B9.33B9.25B9.35B9.66B9.62B9.31B9.14B9.51B9.76B9.21B9.39B9.63B9.79B9.22B9.75B10.36B9.38B7.24B9.81B10.59B11.39B11.40B11.54B12.52B10.99B9.77B4.08B-3.88B4.75B5.06B6.83B9.08B7.85B9.72B5.62B4.96B6.87B7.25B11.87B13.50B15.54B13.48B16.20B17.12B17.54B15.60B14.80B16.05B17.38B
Non-operating items
Interest & Investment Income 0.07B0.07B0.10B0.09B0.09B0.42B1.02B1.78B1.99B2.39B2.92B3.51B3.60B3.52B3.46B3.09B2.65B2.58B3.05B
Net income details
EBT 6.65B7.09B7.51B7.22B7.64B8.47B8.30B8.22B8.35B8.65B8.60B8.31B8.16B8.55B8.77B8.16B8.08B8.22B8.26B7.56B7.86B8.14B6.78B4.60B6.70B7.12B7.60B7.12B6.85B7.63B6.12B5.37B0.66B-5.80B3.32B3.87B5.59B8.19B6.93B8.86B4.66B3.60B4.48B2.89B5.85B5.83B6.55B3.41B5.59B6.16B6.23B5.38B5.33B6.44B6.91B
Tax Provisions 2.33B2.37B2.48B1.92B2.42B2.86B2.62B2.50B2.28B2.87B2.64B2.52B2.28B2.76B2.79B2.53B2.57B2.65B2.60B2.26B2.13B2.25B2.18B-1.64B1.37B1.81B1.51B0.97B0.88B1.29B1.30B2.28B0.16B-2.00B-0.08B0.57B0.90B1.45B1.52B1.90B0.75B0.62B0.91B-0.03B0.97B0.93B0.81B-0.10B0.96B1.25B1.06B0.12B0.52B0.92B1.30B
Profit After Tax 4.32B4.72B5.03B4.83B5.22B5.61B5.68B5.37B6.08B5.79B5.96B5.24B5.88B5.79B5.98B5.24B5.51B5.57B5.65B5.20B5.72B5.89B4.60B5.96B5.33B5.31B6.09B6.15B5.97B6.34B4.81B3.09B0.65B-3.85B3.40B3.29B4.69B6.74B5.41B6.96B3.92B3.14B3.59B3.15B4.99B4.94B5.77B3.45B4.62B4.91B5.17B5.26B4.89B5.52B5.61B
Equity Income 0.36B0.24B0.16B0.71B0.11B0.20B0.50B0.65B0.85B0.45B0.71B0.37B0.52B0.92B0.24B0.19B0.14B0.40B0.19B0.24B
Income from Non-Controlling Interests 0.07B0.10B0.09B0.21B0.05B0.09B0.10B0.10B0.18B0.06B0.23B0.08B0.07B0.19B0.05B0.01B0.01B0.09B0.04B0.06B0.19B0.12B0.08B0.09B0.11B0.13B0.20B0.05B-0.15B0.05B0.18B0.20B0.05B0.70B0.28B0.65B0.13B-0.17B-0.03B-0.23B-0.11B-0.04B-0.03B0.06B0.00B-0.00B0.06B0.18B-0.09B0.03B0.02B
Income from Continuing Operations 4.32B4.72B5.03B5.30B5.22B5.61B5.68B5.71B6.08B5.79B5.96B5.79B5.88B5.79B5.98B5.62B5.51B5.57B5.65B5.30B5.72B5.89B4.60B6.24B5.33B5.31B6.09B6.15B5.97B6.34B4.81B3.09B0.51B-3.80B3.40B3.29B4.69B6.74B5.41B6.96B3.92B2.98B3.56B2.92B4.88B4.90B5.74B3.51B4.62B4.91B5.17B5.26B4.80B5.52B5.61B
Consolidated Net Income 4.32B4.72B5.03B5.30B5.22B5.61B5.68B5.71B6.08B5.79B5.96B5.79B5.88B5.79B5.98B5.62B5.51B5.57B5.65B5.30B5.72B5.89B4.60B6.24B5.33B5.31B6.09B6.15B5.97B6.34B4.81B3.09B0.51B-3.80B3.40B3.29B4.69B6.74B5.41B6.96B3.92B2.98B3.56B2.92B4.88B4.90B5.74B3.51B4.62B4.91B5.17B5.26B4.80B5.52B5.61B
Income towards Parent Company 4.32B4.72B5.03B5.30B5.22B5.61B5.68B5.71B6.08B5.79B5.96B5.79B5.88B5.79B5.98B5.62B5.51B5.57B5.65B5.30B5.72B5.89B4.60B6.24B5.33B5.31B6.09B6.15B5.97B6.34B4.81B3.09B0.51B-3.80B3.40B3.29B4.69B6.74B5.41B6.96B3.92B2.98B3.56B2.92B4.88B4.90B5.74B3.51B4.62B4.91B5.17B5.26B4.80B5.52B5.61B
Preferred Dividend Payments 0.23B0.22B0.22B0.23B0.24B0.25B0.26B0.24B0.29B0.30B0.32B0.34B0.36B0.35B0.38B0.39B0.40B0.40B0.41B0.41B0.40B0.39B0.55B0.35B0.35B0.36B0.57B0.33B0.61B0.31B0.32B0.35B0.38B0.30B0.34B0.28B0.28B0.28B0.28B0.28B0.28B0.28B0.32B0.29B0.31B0.27B0.26B0.28B0.28B0.28B0.25B
Net Income towards Common Stockholders 4.02B4.40B4.72B4.86B4.93B5.27B5.32B5.37B5.61B5.42B5.41B5.79B5.46B5.36B5.44B5.62B5.08B5.17B5.24B5.30B5.23B5.45B4.13B6.24B4.73B4.79B5.45B5.71B5.51B5.85B4.04B2.71B0.04B-4.16B2.90B2.74B4.26B5.74B4.79B6.03B3.51B2.86B3.31B2.88B4.71B4.66B5.45B3.16B4.31B4.64B4.85B4.80B4.62B5.21B5.34B
Additional items
EPS (Basic) 0.760.830.890.920.931.001.001.021.071.021.041.111.061.041.061.091.001.021.041.051.051.090.831.260.970.981.141.191.211.310.930.620.01-1.010.700.671.031.391.181.490.920.750.870.761.241.261.490.891.211.351.431.401.411.611.68
EPS (Weighted Average and Diluted) 0.750.820.880.910.920.980.991.001.051.011.021.091.041.031.051.080.991.011.031.041.031.080.831.240.960.981.131.181.201.300.920.610.01-1.010.700.661.021.381.171.470.910.750.860.751.231.251.480.871.201.331.421.381.391.601.66
Shares Outstanding (Weighted Average) 5.28B5.31B5.29B5.29B5.28B5.30B5.30B5.29B5.26B5.27B5.25B5.24B5.16B5.16B5.15B5.14B5.08B5.07B5.06B5.05B5.01B5.00B4.98B4.96B4.89B4.88B4.84B4.80B4.55B4.51B4.46B4.39B4.10B4.11B4.12B4.12B4.14B4.13B4.11B4.06B3.83B3.81B3.81B3.81B3.79B3.74B3.71B3.69B3.56B3.50B3.46B3.43B3.28B3.26B3.23B
Shares Outstanding (Diluted Average) 5.34B5.37B5.36B5.35B5.35B5.38B5.38B5.37B5.35B5.35B5.34B5.32B5.24B5.23B5.22B5.21B5.14B5.13B5.12B5.11B5.07B5.05B5.04B5.02B4.93B4.92B4.88B4.84B4.58B4.54B4.49B4.43B4.14B4.11B4.13B4.13B4.17B4.16B4.14B4.10B3.87B3.85B3.84B3.84B3.82B3.77B3.74B3.72B3.60B3.54B3.50B3.47B3.32B3.29B3.27B
EBITDA 8.57B8.87B9.28B8.98B9.32B9.97B9.80B9.82B9.84B10.10B10.08B9.31B9.63B9.97B10.22B9.21B9.91B10.13B10.28B9.22B10.32B10.89B9.90B7.24B10.43B11.14B12.02B12.50B12.20B13.16B11.81B10.70B4.88B-3.21B5.54B5.90B7.67B9.90B8.59B10.54B6.50B5.75B7.67B8.15B12.79B14.45B16.51B14.55B17.25B18.23B18.68B16.88B16.03B17.34B17.38B
Tax Rate 35.02%33.43%33.02%26.64%31.68%33.80%31.54%30.47%27.26%33.15%30.73%30.31%27.92%32.32%31.80%31.06%31.77%32.22%31.51%29.86%27.14%27.58%32.16%-35.70%20.50%25.42%19.90%13.57%12.87%16.95%21.32%42.49%23.95%34.51%-2.50%14.85%16.12%17.65%21.96%21.42%15.99%17.29%20.38%-1.00%16.52%15.94%12.39%-2.93%17.25%20.31%17.07%2.23%9.80%14.23%18.82%