
Wells Fargo & Company
NYSE•WFC
CEO: Mr. Charles W. Scharf
Sector: Financial Services
Industry: Banks - Diversified
Listing Date: 1972-06-01
Wells Fargo & Company, a financial services company, provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. The company operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The Consumer Banking and Lending segment offers diversified financial products and services for consumers and small businesses. Its financial products and services include checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services. The Commercial Banking segment provides financial solutions to private, family owned, and certain public companies. Its products and services include banking and credit products across various industry sectors and municipalities, secured lending and lease products, and treasury management services. The Corporate and Investment Banking segment offers a suite of capital markets, banking, and financial products and services, such as corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity, and fixed income solutions, as well as sales, trading, and research capabilities services to corporate, commercial real estate, government, and institutional clients. The Wealth and Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, and trust and fiduciary products and services to affluent, high-net worth, and ultra-high-net worth clients. It also operates through financial advisors in brokerage and wealth offices, consumer bank branches, independent offices, and digitally through WellsTrade and Intuitive Investor. The company was founded in 1852 and is headquartered in San Francisco, California.
Contact Information
Market Cap
$301.13B
P/E (TTM)
14.0
14.8
Dividend Yield
1.8%
52W High
$93.42
52W Low
$58.42
52W Range
Rank44Top 40.4%
4.1
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024
Financial Dashboard
Q3 2025 Data
Revenue
$31.91B+0.73%
4-Quarter Trend
EPS
$1.68+17.48%
4-Quarter Trend
FCF
-$869.00M-120.66%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Strong Quarterly Net Income Growth Net income reached $5.59B, up 9% year-over-year, driving diluted EPS to $1.66, an 18% increase compared to prior year.
Revenue and NII Increased Total revenue grew 5% to $21.44B, supported by higher noninterest income and a 2% rise in Net Interest Income to $11.95B.
Credit Provisioning Decreased Provision for credit losses fell 36% to $681M year-over-year, reflecting lower net charge-offs across commercial and consumer portfolios.
Robust Capital Adequacy Maintained Standardized CET1 ratio stood at 10.99%, comfortably exceeding minimum requirements, supported by strong retained earnings.
Risk Factors
Net Interest Margin Compression Net interest margin declined to 2.61% for the quarter, driven by deposit mix changes and lower interest rates on floating assets.
Commercial Real Estate Credit Risk Commercial real estate nonaccrual loans totaled $3.33B, though criticized CRE mortgage loans decreased from year-end 2024 levels.
Rising Noninterest Expenses Noninterest expense increased 6% in Q3 due to higher severance, compensation, technology amortization, and marketing campaign volume.
Deposit Funding Structure Shifts Average deposits decreased slightly, driven by a decline in interest-bearing deposits, partially offset by growth in noninterest-bearing deposits.
Outlook
Future Capital Framework Changes Regulators proposed Basel III final components, which will replace the Advanced Approach, requiring a new risk-weighted asset measurement framework.
Positive Rate Sensitivity Expected Sensitivity analysis indicates expected benefit from higher interest rates, as assets are projected to reprice faster than liabilities.
Office CRE Quality Monitoring Continued close monitoring of office property type credit quality due to weakened demand for office space across the portfolio.
Capital Deployment Plans Share repurchases and dividends depend on earnings, capital requirements, and results of supervisory stress tests like CCAR.
Peer Comparison
Revenue (TTM)
JPM$277.73B
BAC$188.84B
C$168.35B
Gross Margin (Latest Quarter)
BCS100.0%
ING94.4%
WFC65.1%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| JPM | $863.92B | 15.3 | 16.4% | 10.9% |
| BAC | $398.50B | 13.7 | 9.9% | 20.8% |
| WFC | $301.13B | 14.0 | 11.7% | 19.8% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
1.4%
Moderate Growth
4Q Net Income CAGR
3.2%
Profitability Slowly Improving
Cash Flow Stability
25%
Cash Flow Needs Attention
Research & Insights
Next earnings:Jan 21, 2026
EPS:$1.66
|Revenue:-
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Oct 31, 2025|Revenue: $31.91B+0.7%|EPS: $1.68+17.5%BeatForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Aug 5, 2025|Revenue: $30.43B-3.8%|EPS: $1.61+19.3%BeatForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: Apr 29, 2025|Revenue: $29.63B-5.9%|EPS: $1.41+16.5%BeatForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Feb 25, 2025|Revenue: $125.40B+8.7%|EPS: $5.43+11.3%BeatForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Oct 31, 2024|Revenue: $31.67B+6.1%|EPS: $1.43-4.0%BeatForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 1, 2024|Revenue: $31.65B+12.2%|EPS: $1.35+7.1%BeatForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: May 2, 2024|Revenue: $31.48B+17.7%|EPS: $1.21-2.4%BeatForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Feb 20, 2024|Revenue: $115.34B+38.2%|EPS: $4.88+53.9%Beat