Revenue segments as reported by the company.

Interest income

Noninterest income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Interest expense

Provision for Credit Losses

Salaries

Technology and equipment

Other

Net occupancy

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Wells Fargo

Wells Fargo & Co. is a diversified, community-based financial services company. It is engaged in the provision of banking, insurance, investments, mortgage products and services, and consumer and commercial finance. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. The Consumer Banking and Lending segment offers consumer and small business banking, home lending, credit cards, auto, and personal lending. The Commercial Banking segment offers banking and credit products across multiple industry sectors and municipalities, secured lending and lease products, and treasury management. The Corporate and Investment Banking segment offers 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. The Wealth & Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, trust and fiduciary products and services to affluent, high-net worth and ultra-high-net worth clients. The company was founded by Henry Wells and William G. Fargo on March 18, 1852 and is headquartered in San Francisco, CA.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q1 2023

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Wells Fargo reports Q4 progress amidst challenges, eyes growth opportunities

Wells Fargo's Q4 2022 earnings call highlighted progress in key areas despite challenges. The company is focused on enhancing customer experience, digital transformation, and operational efficiency while navigating economic uncertainties. Opportunities for growth in various business segments are being pursued strategically.

Wells Fargo reports strong Q1 earnings, focuses on credit risk

Wells Fargo's Q1 2023 earnings call highlighted strong financial performance, improvements in consumer banking, and credit risk management focus. Challenges included increasing loan charge-offs and declining deposits, particularly in commercial real estate. Opportunities exist in enhancing expense efficiency, NII stability, and capital optimization strategies.

Wells Fargo reports strong Q2 results amidst regulatory challenges

Wells Fargo's Q2 2023 results showcased improved financial metrics despite challenges like increased net charge-offs and regulatory pressures. The company's focus on risk management, strategic hires, and community initiatives present opportunities for growth and resilience. Uncertainties around Basel III impacts and NII outlook require careful navigation.

Wells Fargo reports revenue growth and strategic initiatives in Q3

Wells Fargo's Q3 performance showed revenue growth and improved profitability, despite challenges.
The company is strategically positioned to capitalize on partnerships and growth in fee-based businesses.
Efforts to enhance risk controls and community service reflect a commitment to long-term sustainability.
Adjustments in consumer lending and capital flexibility provide avenues for future growth and stability.

Wells Fargo reports strong 2023 performance but faces NII challenges

Wells Fargo's 2023 performance showcased growth in revenue and net income, but challenges lie ahead with anticipated NII declines and credit quality issues. The company's strategic focus on risk management, product innovation, and racial equity initiatives positions it for future growth amidst economic uncertainties.

Wells Fargo reports stable Q1 earnings amidst growth opportunities

Wells Fargo's Q1 2024 performance reflects stability in profitability, strong capital position, and improved credit quality, underpinned by diversified revenue streams and strategic investments.
Challenges include uncertainties in client behavior prediction, potential rate cuts impact, and difficulty in stabilizing deposit costs, while opportunities lie in revenue diversification and talent enhancement.
The bank's proactive approach to addressing challenges and leveraging opportunities positions it for future growth and operational efficiency, focusing on long-term profitability and reputation building.
Investors should monitor Wells Fargo's progress in stabilizing net interest income, navigating potential rate cuts, and driving loan growth to assess its resilience and growth prospects in a dynamic market environment.

Wells Fargo reports solid Q2 earnings, focuses on growth strategies

Wells Fargo's Q2 2024 earnings call highlighted strong fee-based revenue growth offsetting challenges in net interest income.
The bank's focus on efficiency, risk control enhancement, and shareholder value creation positions it for sustainable growth.
While facing challenges in noninterest income and credit quality, Wells Fargo's strategic initiatives and solid capital position offer opportunities for future growth.
Investments in AI, sustained fee momentum, and margin expansion strategies underscore the bank's commitment to long-term success.

Wells Fargo reports robust Q3 earnings, eyes growth opportunities

Wells Fargo's Q3 performance reflects resilience and progress in its strategic priorities amidst revenue challenges and expense management.
The bank's strong capital position and focus on core businesses position it well for growth opportunities and navigating economic trends.
While facing challenges in commercial loan demand and net interest income, Wells Fargo's transformation efforts aim to drive improved returns.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Wells Fargo & Co. is a diversified and community-based financial services company, which engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance products and services. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. The Consumer Banking and Lending segment offers consumer and small business banking, home lending, credit cards, auto, and personal lending. The Commercial Banking segment provides banking and credit products across industry sectors and municipalities, secured lending and lease products, and treasury management. The Corporate and Investment Banking segment is composed of corporate banking, investment banking, treasury management, commercial real estate lending and servicing, and equity and fixed income solutions, as well as sales, trading, and research capabilities. The Wealth and Investment Management segment refers to personalized wealth management, brokerage, financial planning, lending, private banking, trust, and fiduciary products and services. The company was founded by Henry Wells and William G. Fargo on March 18, 1852 and is headquartered in San Francisco, CA.

Shares of Wells Fargo & Co (NYSE: WFC) dipped following news of an enforcement action by the Office of the Comptroller of the Currency (OCC), citing the bank's insufficient anti-money laundering efforts. Despite this, Jim Cramer views the pullback as an opportunity to buy a quality stock at a discount.

Wells Fargo faces OCC enforcement, but Jim Cramer sees opportunity in stock

Wells Fargo & Company WFC shares are trading higher on Friday. On Thursday, the U.S. Office of the Comptroller of the Currency (OCC) entered into a formal agreement with the company as related to its anti-money laundering (AML) and sanctions risk management practices.

Wells Fargo's Anti-Money Laundering Compliance: Analysts See Minimal Impact on Growth Despite Regulatory Hurdles

Wells Fargo signs an agreement with OCC to improve its overall AML and sanctions risk management processes.

WFC Signs Agreement With OCC to Fix AML Program, Stock Dips 4%

When markets are climbing, many traders who sold early often regret their decision. They watch as the stocks they sold continue to rise, missing out on further gains.

Stock Of The Day: Regretful Sellers Rebuy Their Wells Fargo Shares

Jefferies analyst Ken Usdin said he has “no clear view” on when Wells Fargo's current government-imposed asset cap would be lifted.

Analysts shrug off Wells Fargo's latest snag with regulators, but note that others remain

Trouble with federal regulators continues for Wells Fargo. The Office of the Comptroller of the Currency (OCC) said Thursday (Sept.

Wells Fargo Pledges to Fix AML Program After OCC Agreement

The OCC has flagged the bank's financial-crimes risk-management practices and anti-money-laundering internal controls.

Wells Fargo's stock falls on fresh enforcement action by federal regulators

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today issued the following statement regarding a formal agreement between Wells Fargo Bank, N.A. and the Office of the Comptroller of the Currency (OCC) related to the bank's anti-money laundering (AML) and sanctions risk management practices. The agreement's requirements include enhancements to AML and sanctions risk management practices, obtaining the OCC's acceptance of the bank's program for assessing the AML and sanction.

Wells Fargo Issues Statement on Agreement with OCC

Citigroup

Goldman Sachs

JPMorgan Chase & Co

The U.S.'s largest banks will benefit in a myriad of ways from the U.S. Federal Reserve's upcoming changes to its capital requirement proposals to bulk up balance sheets for potential systemic problems, KBW analysts David Konrad and Scott McGratty say.

Largest U.S. banks will catch a break from Fed's capital rule changes, KBW says

Bank of America

Morgan Stanley

Our economy and financial markets rely on a well-functioning banking industry. And just as we saw with the Financial Crisis in 2008, things can go south fast when bank stocks and the banking industry begin to under-perform as the economy slows.

Are Bank Stocks Sending A Warning To Investors?

The Fed unveils plans that will tone down proposed capital requirements for big banks like JPM, C, WFC, and BAC.

Fed Unveils a Scaled-Back Capital Requirements Plan for Big Banks

Wells Fargo & Company (NYSE:WFC ) Barclays 22nd Annual Global Financial Services Conference Call September 10, 2024 7:30 AM ET Company Participants Mike Santomassimo - Chief Financial Officer Conference Call Participants Jason Goldberg - Barclays Jason Goldberg Good morning. I'm Jason Goldberg, and welcome to day two of Barclays 22nd Annual Global Financial Services Conference.

Wells Fargo & Company (WFC) Barclays 22nd Annual Global Financial Services Conference (Transcript)

In the latest trading session, Wells Fargo (WFC) closed at $54.59, marking a +1.09% move from the previous day.

Wells Fargo (WFC) Rises But Trails Market: What Investors Should Know

KeyCorp

U.S. Bancorp

The S&P 500 Index sees the worst weekly declines, and bank stocks are not untouched. Investors must keep KEY, WFC & USB stocks on the radar.

Keep an Eye on 3 S&P 500 Bank Stocks With Biggest Weekly Declines

ATLANTA , Sept. 9, 2024 /PRNewswire/ -- This fall, EBONY, the iconic and beloved Black-owned media company, will be stomping the yard at Morehouse College for its first-ever EBONY HBCU Yard Fest, a fun-filled collegiate event designed to celebrate and uplift student life at Historically Black Colleges and Universities (HBCUs).

EBONY is Bringing the Ultimate HBCU Experience to Atlanta with Inaugural Yard Fest in Partnership with Wells Fargo and 300 Entertainment

Alphabet

Amplify Global Cloud Technology ETF

U.S. stocks settled lower on Friday, with the S&P 500 logging its worst week since March 2023. The S&P 500 fell 1.73% to 5,408.42 during the session.

This Analyst With 83% Accuracy Rate Sees More Than 36% Upside In Alphabet - Here Are 5 Stock Picks For August From Wall Street's Most Accurate Analysts

Broadstone Net Lease

VICTOR, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease Provides an Update on Recent Business Activity and Announces Participation at the Wells Fargo 13th Annual Net Lease REIT Forum.

Broadstone Net Lease Provides an Update on Recent Business Activity and Announces Participation at the Wells Fargo 13th Annual Net Lease REIT Forum

The FDIC-Insured banks' (like JPM, BAC, C & WFC) Q2 earnings gain from higher non-interest income, while poor credit quality poses a headwind.

FDIC-Insured Banks' Q2 Earnings Rise, Asset Quality Concerns Linger

Automatic Data Processing

Broadcom

Boeing

NVIDIA

Zscaler

This was the worst single trading day for tech stocks two years -- the worst for the chips segment since 2020.

Markets Sell Off as Labor Market Data Looms

WFC's diversified revenue stream and capital adequacy seem favorable. However, existing asset cap and legal scrutiny are a concern.

Wells Fargo Stock Rises 21.2% YTD: Should You Keep it on Your Radar?

Deutsche Bank analyst Matt O'Connor sees little upside for JPM after stock's 32% YTD rise.

JPMorgan cut to hold from buy, as Wells Fargo, Bank of America get buy ratings

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) said today that Chief Financial Officer Mike Santomassimo will present at the Barclays Global Financial Services Conference on Tuesday, Sept. 10, 2024 at 7:30 a.m. ET. The live webcast will be available online at https://www.wellsfargo.com/about/investor-relations/events. A replay of the webcast will be available for three months following the presentation. About Wells Fargo Wells Fargo & Company (NYSE: WFC) is a leading.

Wells Fargo to Present at the Barclays Global Financial Services Conference

International Flavors & Fragrances

Southwest Airlines

NetApp

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

This Bank of America Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday

Raymond James

JPM, MS, WFC, RJF, BAC and others are under legal scrutiny for transferring clients' idle funds into sweep accounts with near-zero interest rates.

JPMorgan & Others Face Probe Over Interest in Cash Sweep Accounts

MIAMI GARDENS, Fla. , Aug. 30, 2024 /PRNewswire/ -- As a testament to their dedication to honoring the legacy of Historically Black Colleges and Universities (HBCUs), Wells Fargo proudly returns as the official Bank Sponsor for the highly anticipated 2024 Orange Blossom Classic (OBC).

News for Wells Fargo Stock (WFC)