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Wells Fargo & Company

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
420 Montgomery Street, San Francisco, CA, 94104, United States
866-249-3302
www.wellsfargo.com
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
98%
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)

JPMorgan Chase & Co.JPM
$277.73B
+4.5%
Bank of America CorporationBAC
$188.84B
-0.1%
Citigroup Inc.C
$168.35B
-1.6%

Gross Margin (Latest Quarter)

Barclays PLCBCS
100.0%
+0.0pp
ING Groep N.V.ING
94.4%
+0.1pp
Wells Fargo & CompanyWFC
65.1%
+4.1pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
JPM$863.92B15.316.4%10.9%
BAC$398.50B13.79.9%20.8%
WFC$301.13B14.011.7%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%
    Beat
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 5, 2025|
    Revenue: $30.43B-3.8%
    |
    EPS: $1.61+19.3%
    Beat
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: Apr 29, 2025|
    Revenue: $29.63B-5.9%
    |
    EPS: $1.41+16.5%
    Beat
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 25, 2025|
    Revenue: $125.40B+8.7%
    |
    EPS: $5.43+11.3%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Oct 31, 2024|
    Revenue: $31.67B+6.1%
    |
    EPS: $1.43-4.0%
    Beat
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 1, 2024|
    Revenue: $31.65B+12.2%
    |
    EPS: $1.35+7.1%
    Beat
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 2, 2024|
    Revenue: $31.48B+17.7%
    |
    EPS: $1.21-2.4%
    Beat
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 20, 2024|
    Revenue: $115.34B+38.2%
    |
    EPS: $4.88+53.9%
    Beat