Wells Fargo & Company Income Statement (2009-2026) | WFC

Income Statement Mar2009 Jun2009 Sep2009 Dec2009 Mar2010 Jun2010 Sep2010 Dec2010 Mar2011 Jun2011 Sep2011 Dec2011 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 Dec2025 Mar2026
Revenue & Cost
Provisions (Quarter)
-1.26B-1.40B-0.45B-0.79B0.58B0.78B0.96B1.21B1.71B1.20B1.28B0.94B1.24B1.06B1.09B0.93B1.00B0.68B1.04B1.14B
Revenue (Quarter)
20.27B18.83B21.53B17.73B17.04B19.57B20.03B20.73B20.53B20.86B20.48B20.86B20.69B20.37B20.38B20.15B20.82B21.44B21.29B21.45B
Interest income
Interest income - Loans (Quarter)
7.09B0.17B-20.49B7.22B8.12B10.16B37.69B13.32B14.12B14.76B14.97B14.71B14.57B14.62B14.00B13.36B13.57B0.17B13.88B13.81B
Interest income - Investments (Quarter)
Interest Income - Debt Securities (Quarter)
2.20B2.35B1.13B0.92B2.70B3.04B3.47B3.78B4.04B1.33B-4.97B1.37B4.47B1.58B-0.93B1.94B4.88B1.26B-9.56B2.38B
Interest Income - Deposits (Quarter)
1.47B1.27B
Interest Income - Fed Funds (Quarter)
1.06B1.74B
Interest Income - Trading Account Assets (Quarter)
0.50B0.51B0.55B0.55B0.55B0.63B0.74B0.80B0.89B1.06B1.48B1.52B1.86B
Other interest income (Quarter)
0.07B0.10B
Interest Income - Total (Quarter)
9.69B9.83B10.12B10.18B11.56B14.49B17.79B19.36B20.83B22.09B22.84B22.84B22.88B23.00B22.05B20.97B21.32B22.42B22.60B22.45B
Interest expenses
Interest Expense - Deposits (Quarter)
0.09B0.10B0.09B0.08B0.16B0.51B1.59B2.76B3.81B4.61B5.33B5.81B6.15B6.45B5.88B5.21B5.06B5.19B4.99B4.97B
Interest Expense - Debt (Quarter)
0.71B0.74B0.69B0.76B1.01B1.55B2.18B2.51B2.69B3.04B3.33B3.35B3.16B3.16B2.79B2.58B2.61B2.59B2.48B2.39B
Interest Expense - Fed Funds (Quarter)
1.25B2.23B
Interest Expense - Others (Quarter)
0.10B0.09B0.10B0.13B0.16B0.17B0.18B0.18B0.21B0.21B0.12B0.23B0.27B0.27B-0.00B0.19B0.33B0.35B0.16B0.47B
Interest Expenses (Quarter)
0.89B0.93B0.86B0.96B1.36B2.40B4.36B6.02B7.67B8.99B10.07B10.61B10.96B11.31B10.22B9.48B9.61B10.47B10.27B10.35B
Interest Income - Net (Quarter)
8.80B8.91B9.26B9.22B10.20B12.10B13.43B13.34B13.16B13.11B12.77B12.23B11.92B11.69B11.84B11.49B11.71B11.95B12.33B12.10B
Non-interest income
Interest Income - Total (Quarter)
Financial Services Fees (Quarter)
Service Charges (Quarter)
1.70B1.78B1.82B1.81B1.73B1.65B1.52B1.50B1.52B1.55B1.57B1.60B1.62B1.68B1.62B1.63B1.62B1.67B1.68B1.71B
Investment Gain (Loss) (Quarter)
0.28B0.12B0.00B0.14B0.01B0.00B0.01B-0.03B-0.45B-0.45B-0.15B0.00B
Investment Banking Income (Quarter)
Income - Trust (Quarter)
Asset Management (Quarter)
Investment Advisory (Quarter)
Mortgage Banking (Quarter)
1.34B1.26B1.03B0.69B0.29B0.32B0.08B0.23B0.20B0.19B0.20B0.23B0.24B0.28B0.29B0.33B0.23B0.27B0.32B0.20B
Card Income (Quarter)
1.08B1.08B1.07B1.03B1.11B1.12B1.09B1.03B1.10B1.10B1.03B1.06B1.10B1.10B1.08B1.04B1.17B1.22B1.15B1.14B
Trading Income (Quarter)
2.72B1.24B-0.18B0.22B-0.03B0.90B0.55B1.34B1.03B1.26B0.72B1.45B1.52B1.44B1.30B0.89B1.39B1.61B1.14B1.52B
Other Non-Interest Income (Quarter)
0.75B0.61B2.12B0.69B0.10B0.13B1.10B0.58B0.41B0.21B0.48B0.20B0.22B0.60B1.22B0.18B0.90B0.56B0.27B0.49B
Non-Interest Income (Quarter)
11.47B9.93B12.27B8.51B6.84B7.47B6.60B7.39B7.37B7.75B7.71B8.64B8.77B8.68B8.54B8.65B9.11B9.49B8.96B9.35B
Operating Items
Amortization - Intangibles (Quarter)
Depreciation & Amortization - Total (Quarter)
0.81B0.74B0.83B0.88B0.80B0.80B0.90B0.92B0.95B0.97B1.08B1.05B1.11B1.14B1.28B1.22B1.29B
Wages, Salaries and Other (Quarter)
1.45B1.42B-21.34B1.29B1.31B1.24B30.51B1.23B8.61B1.31B-21.56B9.49B1.14B8.59B-22.05B9.47B1.09B1.18B-22.66B1.07B
Rent Expense (Quarter)
0.73B0.74B0.72B0.72B0.70B0.73B0.72B0.71B0.71B0.72B0.74B0.71B0.76B0.79B0.79B0.76B0.77B0.78B0.84B0.78B
Restructuring Costs (Quarter)
-0.00B0.00B0.07B0.01B
Other Operating Expenses (Quarter)
11.79B11.82B11.51B12.25B11.36B12.78B14.56B12.04B11.33B11.41B13.97B12.57B11.42B11.14B11.83B11.91B11.33B13.06B12.89B13.55B
Operating Expenses (Quarter)
13.34B13.30B13.12B13.85B12.86B14.31B16.19B13.68B12.99B13.11B15.79B14.34B13.29B13.07B13.90B13.89B13.38B13.85B13.73B14.33B
EBIT (Quarter)
9.08B7.85B9.72B5.62B4.96B6.87B7.25B11.87B13.50B15.54B13.48B16.20B17.12B17.54B15.60B14.80B16.05B17.38B16.80B16.33B
Non-operating items
Interest & Investment Income (Quarter)
0.07B0.10B0.09B0.09B0.42B1.02B1.78B1.99B2.39B2.92B-6.23B3.60B3.52B3.46B-9.45B0.24B2.58B3.05B-7.18B0.23B
Net income details
EBT (Quarter)
8.19B6.93B8.86B4.66B3.60B4.48B2.89B5.85B5.83B6.55B3.41B5.59B6.16B6.23B5.38B5.33B6.44B6.91B6.53B5.98B
Tax Provisions (Quarter)
1.45B1.52B1.90B0.75B0.62B0.91B-0.03B0.97B0.93B0.81B-0.10B0.96B1.25B1.06B0.12B0.52B0.92B1.30B1.10B0.69B
Profit After Tax (Quarter)
6.04B5.12B5.27B3.79B2.98B3.59B2.86B4.88B4.90B5.77B3.33B4.62B4.91B5.11B5.32B4.80B5.49B5.59B5.38B5.25B
Equity Income (Quarter)
Net Income - Minority (Quarter)
Income from Non-Controlling Interests (Quarter)
0.70B0.28B0.65B0.13B-0.17B-0.03B-0.23B-0.11B-0.04B-0.03B0.06B0.00B-0.00B0.06B0.18B-0.09B0.03B0.02B0.06B0.04B
Income from Continuing Operations (Quarter)
6.74B5.41B6.96B3.92B2.98B3.56B2.92B4.88B4.90B5.74B3.51B4.62B4.91B5.17B5.26B4.80B5.52B5.61B5.42B5.29B
Consolidated Net Income (Quarter)
6.74B5.41B6.96B3.92B2.98B3.56B2.92B4.88B4.90B5.74B3.51B4.62B4.91B5.17B5.26B4.80B5.52B5.61B5.42B5.29B
Income towards Parent Company (Quarter)
6.74B5.41B6.96B3.92B2.98B3.56B2.92B4.88B4.90B5.74B3.51B4.62B4.91B5.17B5.26B4.80B5.52B5.61B5.42B5.29B
Preferred Dividend Payments (Quarter)
0.30B0.34B0.28B0.28B0.28B0.28B0.28B0.28B0.28B0.32B0.29B0.31B0.27B0.26B0.28B0.28B0.28B0.25B0.25B0.25B
Net Income towards Common Stockholders (Quarter)
5.74B4.79B6.03B3.51B2.86B3.31B2.88B4.71B4.66B5.45B3.16B4.31B4.64B4.85B4.80B4.62B5.21B5.34B5.11B5.00B
Additional items
EPS (Basic) (Quarter)
1.391.181.530.920.750.870.761.241.261.490.891.211.351.431.441.411.611.681.651.62
EPS (Weighted Average and Diluted) (Quarter)
1.381.171.510.910.750.860.751.231.251.480.871.201.331.421.431.391.601.661.621.60
Shares Outstanding (Weighted Average) (Quarter)
4.12B4.11B4.06B3.83B3.79B3.81B3.81B3.79B3.74B3.65B3.69B3.56B3.45B3.38B3.43B3.28B3.26B3.23B3.20B3.08B
Shares Outstanding (Diluted Average) (Quarter)
4.16B4.09B4.10B3.87B3.85B3.84B3.84B3.82B3.77B3.74B3.72B3.60B3.54B3.50B3.47B3.32B3.29B3.27B3.24B3.12B
EBITDA (Quarter)
9.90B8.59B10.54B6.50B5.75B7.67B8.15B12.79B14.45B16.51B14.55B17.25B18.23B18.68B16.88B16.03B17.34B17.38B16.80B16.33B
Tax Rate (Quarter)
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%16.90%11.55%