Wells Fargo (WFC)
Banking, lending, wealth management, and capital-markets services for U.S. consumers and businesses.
$82.48
vs last close−0.67 (−0.81%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 29,845 | 30,546 | 31,476 | 31,650 | 31,674 | 30,597 | 29,627 | 30,181 | 31,905 | 31,816 | 31,795 | 33,589 |
| Cost of revenue | 10,185 | 11,350 | 11,551 | 12,197 | 12,373 | 11,314 | 10,410 | 10,617 | 11,150 | 11,311 | 11,484 | 11,881 |
| Gross profit | 19,660 | 19,196 | 19,925 | 19,453 | 19,301 | 19,283 | 19,217 | 19,564 | 20,755 | 20,505 | 20,311 | 21,708 |
| 13,113 | 15,786 | 14,338 | 13,293 | 13,067 | 13,900 | 13,891 | 13,126 | 13,846 | 13,979 | 14,460 | 13,661 | |
| 9,014 | 8,911 | 9,853 | 8,799 | 8,948 | 9,472 | 9,812 | 9,129 | 9,460 | 12,125 | 1,766 | 11,472 | |
| Selling & marketing | 215 | 259 | 197 | 224 | 205 | 243 | 181 | 266 | 295 | 352 | 369 | 361 |
| General & administrative | 8,799 | 8,652 | 9,656 | 8,575 | 8,743 | 9,229 | 9,631 | 8,863 | 9,165 | 11,773 | 1,397 | 11,111 |
| Other expenses | 4,099 | 6,875 | 4,485 | 4,494 | 4,119 | 4,428 | 4,079 | 3,997 | 4,386 | 1,854 | 12,694 | 2,189 |
| Operating income | 6,547 | 3,410 | 5,587 | 6,160 | 6,234 | 5,383 | 5,326 | 6,438 | 6,909 | 6,526 | 5,851 | 8,047 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 130 | 0 | |
| Interest income | 22,093 | 22,839 | 22,840 | 22,884 | 22,998 | 22,055 | 20,973 | 21,320 | 22,419 | 22,602 | 22,445 | 23,284 |
| Interest expense | 8,988 | 10,068 | 10,613 | 10,961 | 11,308 | 10,219 | 9,478 | 9,612 | 10,469 | 10,271 | 10,349 | 10,967 |
| Income before tax | 6,547 | 3,410 | 5,587 | 6,160 | 6,234 | 5,383 | 5,326 | 6,438 | 6,909 | 6,526 | 5,981 | 8,047 |
| Income tax expense | 811 | −100 | 964 | 1,251 | 1,064 | 120 | 522 | 916 | 1,300 | 1,103 | 728 | 1,402 |
| Net income from continuing operations | 5,736 | 3,510 | 4,623 | 4,909 | 5,170 | 5,263 | 4,804 | 5,522 | 5,609 | 5,423 | 5,253 | 6,645 |
| Net income | 5,767 | 3,446 | 4,619 | 4,910 | 5,114 | 5,079 | 4,894 | 5,494 | 5,589 | 5,361 | 5,290 | 6,407 |
| EPS, basic | $1.49 | $0.87 | $1.21 | $1.35 | $1.43 | $1.45 | $1.41 | $1.61 | $1.68 | $1.69 | $1.62 | $2.02 |
| EPS, diluted | $1.48 | $0.86 | $1.20 | $1.33 | $1.42 | $1.43 | $1.39 | $1.60 | $1.66 | $1.67 | $1.60 | $2.00 |
| Weighted average shares, basic | 3,649 | 3,621 | 3,560 | 3,448 | 3,385 | 3,313 | 3,280 | 3,233 | 3,179 | 3,179 | 3,179 | 3,050 |
| Weighted average shares, diluted | 3,681 | 3,657 | 3,600 | 3,486 | 3,425 | 3,361 | 3,322 | 3,267 | 3,217 | 3,217 | 3,217 | 3,080 |
| EBITDA | 8,144 | 4,904 | 7,406 | 8,132 | 8,017 | 7,367 | 7,184 | 8,331 | 8,748 | 8,649 | 7,687 | 8,047 |
| Depreciation & amortization | 1,597 | 1,494 | 1,819 | 1,972 | 1,783 | 1,984 | 1,858 | 1,893 | 1,839 | 2,123 | 1,836 | 0 |
| EBIT | 6,547 | 3,410 | 5,587 | 6,160 | 6,234 | 5,383 | 5,326 | 6,438 | 6,909 | 6,526 | 5,851 | 8,047 |
