What is Wells Fargo & Co.'s earnings per share (EPS)?

Wells Fargo & Co. (WFC) reported diluted earnings per share of $6.26 for fiscal year 2025. This represents a 16.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Wells Fargo & Co. (WFC) Financials

WFC

Trailing 12 months to June 30, 2026

Revenue $86.8B +6.2% YoY

Net Income $22.6B +9.9% YoY

EPS (Diluted) $6.88 +17.8% YoY

Operating Cash Flow $19.2B +309.7% YoY

Market Cap $252.7B as of Oct 10, 2026

Price / Sales 2.9x on $86.8B revenue, trailing 12 months to June 30, 2026

Price / Earnings 11.2x on $22.6B net income, trailing 12 months to June 30, 2026

Price / Book 1.4x on $180.2B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 28, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 28, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the WFC SEC filings page.

Wells Fargo & Co. (WFC) reported $86.8B in revenue over the twelve months to Jun 30, 2026, up 6.2% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI WFC FY2025 2026-10-03

FY2025’s earnings improved, but cash flow reversed while liabilities expanded, revealing a bank funded more by balance-sheet flows than profit alone.

The bank produced net income of $21.3B in FY2025 while operating cash flow was -$19.0B, so reported profit did not translate into positive operating cash that year. That contrasts with operating cash flow of $3.0B in FY2024 and $40.4B in FY2023, making the reversal a multi-year cash-conversion swing rather than a one-period comparison.

Total assets expanded to $2.1T in FY2025 while total liabilities reached $2.0T; with debt-to-equity at 1.0x, the liability-funded balance sheet means most assets are supported by obligations rather than equity.

Net income rose to $21.3B from $19.7B in FY2024. Shares outstanding fell to 3.09B from 3.29B, so the improvement in per-share earnings reflects both higher earnings and a smaller share base.

Financial Health Signals

Financial Health Score 35/100

Scored as: Banks peer group

Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Wells Fargo & Co.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Earnings

Wells Fargo & Co. earned a return on assets of 1.0% in fiscal year 2025, which is the profit it made on every dollar of assets on its books. This is unchanged from the prior year. Earnings ranks banks on that return over three years, and Wells Fargo & Co. scores 61/100 among other banks.

Growth

Wells Fargo & Co. reported revenue of $83.7B in fiscal year 2025, against $82.3B in fiscal year 2024. Growth ranks banks on the three-year path of their net revenue, which is interest income and fee income less the interest they pay out, and Wells Fargo & Co. scores 20/100 among other banks.

Capital

Wells Fargo & Co. funded 8.4% of its assets with shareholders' equity at the end of fiscal year 2025, holding $181.1B of equity against $2.1T of assets. Capital ranks banks on that cushion, and Wells Fargo & Co. scores 13/100 among other banks.

Efficiency

Efficiency measures what a bank spends running itself against the revenue that spending brings in, so a lower ratio is the better one. Wells Fargo & Co. scores 42/100 on it among other banks.

Credit Quality

Not available for Wells Fargo & Co., and counted as zero in the overall score.

Stability

Wells Fargo & Co. reported net income of $21.3B in fiscal year 2025, against $19.7B in fiscal year 2024. Stability ranks banks on how steady net income has been across five years, and Wells Fargo & Co. scores 73/100 among other banks.

Piotroski F-Score Partial

3/7

Wells Fargo & Co. passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality No Cash Backing

$0.89used

For every $1 of reported earnings, Wells Fargo & Co. used $0.89 of operating cash (-$19.0B OCF vs $21.3B net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.

Key Financial Metrics

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Earnings & Revenue

Revenue

$22.6B

YoY+8.6%

QoQ+5.5%

5Y CAGR+2.2%

10Y CAGR+0.2%

Wells Fargo & Co. generated $22.6B in revenue in Q2 2026. This represents an increase of 8.6% from the same quarter a year earlier. Against the prior quarter it is up 5.5%.

Net Income

$6.4B

YoY+16.6%

QoQ+22.0%

5Y CAGR+1.2%

10Y CAGR+1.4%

Wells Fargo & Co. reported $6.4B in net income in Q2 2026. This represents an increase of 16.6% from the same quarter a year earlier. Against the prior quarter it is up 22.0%.

EPS (Diluted)

$2.00

YoY+25.0%

QoQ+25.0%

5Y CAGR+7.7%

10Y CAGR+7.1%

Wells Fargo & Co. earned $2.00 per diluted share (EPS) in Q2 2026. This represents an increase of 25.0% from the same quarter a year earlier. Against the prior quarter it is up 25.0%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Cash & Debt

$201.5B

YoY+4.3%

QoQ+16.3%

5Y CAGR-6.0%

Wells Fargo & Co. held $201.5B in cash against $182.1B in long-term debt as of Q2 2026.

Dividends Per Share

$0.45

YoY+12.5%

QoQ0.0%

5Y CAGR+35.1%

10Y CAGR+1.7%

Wells Fargo & Co. paid $0.45 per share in dividends in Q2 2026. This represents an increase of 12.5% from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

3.02B

YoY-5.6%

QoQ-1.2%

5Y CAGR-5.9%

10Y CAGR-5.0%

Wells Fargo & Co. had 3.02B shares outstanding in Q2 2026. This represents a decrease of 5.6% from the same quarter a year earlier. Against the prior quarter it is down 1.2%.

Free Cash Flow

Not reported for Q2 2026.

Margins & Returns

Net Margin

28.3%

YoY+1.9pp

QoQ+3.8pp

5Y change-1.5pp

10Y change+3.2pp

Wells Fargo & Co.'s net profit margin was 28.3% in Q2 2026, showing the share of revenue converted to profit. This is up 1.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.8 percentage points.

Return on Equity

3.6%

YoY+0.5pp

QoQ+0.6pp

5Y change+0.4pp

10Y change+0.8pp

Wells Fargo & Co.'s ROE was 3.6% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.6 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

Share Buybacks

$3.0B

YoY0.0%

QoQ-24.6%

5Y CAGR+14.0%

10Y CAGR+3.1%

Wells Fargo & Co. spent $3.0B on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. That is unchanged from the same quarter a year earlier. Against the prior quarter it is down 24.6%.

R&D Spending

Not reported for Q2 2026.

Capital Expenditures

Not reported for Q2 2026.

WFC Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

WFC quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$86.8B	$83.7B+1.7%	$82.3B-0.4%	$82.6B+11.1%	$74.4B-6.1%	$79.2B+6.6%	$74.3B-14.5%	$86.8B+0.5%	$86.4B-2.2%	$88.4B+0.1%	$88.3B+2.6%	$86.1B+2.0%	$84.3B+0.7%	$83.8B-2.7%	$86.1B+6.3%	$80.9B
SG&A Expenses	$36.5B	$36.3B+1.5%	$35.7B-0.3%	$35.8B-37.4%	$57.2B+6.4%	$53.8B-6.7%	$57.6B-0.9%	$58.2B+3.7%	$56.1B-4.0%	$58.5B+11.7%	$52.4B+4.8%	$50.0B+1.9%	$49.0B+0.4%	$48.8B-3.1%	$50.4B+82.2%	$27.7B
Interest Expense	$42.1B	$39.8B-7.6%	$43.1B+31.6%	$32.7B+260.8%	$9.1B+131.8%	$3.9B-50.8%	$8.0B-57.8%	$18.9B+28.7%	$14.7B+56.7%	$9.4B+58.3%	$5.9B+48.6%	$4.0B-1.2%	$4.0B-6.2%	$4.3B-16.9%	$5.2B-22.4%	$6.6B
Income Tax	$4.5B	$3.8B+13.0%	$3.4B+30.4%	$2.6B+15.8%	$2.3B-60.9%	$5.8B+598.2%	-$1.2B-120.1%	$5.8B+1.7%	$5.7B+15.2%	$4.9B-51.2%	$10.1B-2.8%	$10.4B+0.6%	$10.3B-0.9%	$10.4B+14.3%	$9.1B+22.3%	$7.4B
Net Income	$22.6B	$21.3B+8.2%	$19.7B+3.0%	$19.1B+40.0%	$13.7B-38.1%	$22.1B+554.7%	$3.4B-82.9%	$19.7B-12.0%	$22.4B+0.9%	$22.2B+1.1%	$21.9B-4.2%	$22.9B-0.7%	$23.1B+5.4%	$21.9B+15.8%	$18.9B+19.1%	$15.9B
EPS (Basic)	N/A	$6.34+16.8%	$5.43+11.3%	$4.88+47.9%	$3.30-35.7%	$5.13+1093.0%	$0.43-89.6%	$4.12-4.4%	$4.31+4.1%	$4.14+2.7%	$4.03-3.6%	$4.18+0.2%	$4.17+5.6%	$3.95+16.2%	$3.40+19.3%	$2.85
EPS (Diluted)	$6.88	$6.26+16.6%	$5.37+11.2%	$4.83+47.7%	$3.27-35.6%	$5.08	$0.43	$4.09-4.4%	$4.28+4.4%	$4.10+2.8%	$3.99-3.2%	$4.12+0.5%	$4.10+5.4%	$3.89+15.8%	$3.36+19.1%	$2.82
Diluted Shares (Avg)	N/A	3.24B-6.5%	3.47B-6.8%	3.72B-3.0%	3.84B-6.3%	4.10B	4.13B	4.43B-8.5%	4.84B-3.6%	5.02B-1.8%	5.11B-1.9%	5.21B-2.2%	5.32B-0.9%	5.37B+0.4%	5.35B+0.5%	5.32B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$22.6B+8.6%	$21.4B+6.4%	$21.3B+4.5%	$21.4B+5.3%	$20.8B+0.6%	$20.1B-3.4%	$20.4B-0.5%	$20.4B-2.4%
SG&A Expenses	$8.9B+1.6%	$9.6B+1.3%	$9.1B+1941.2%	$9.0B+5.0%	$8.7B-34.5%	$9.5B-33.9%	-$493.0M+87.5%	$8.6B-34.5%
Interest Expense	$11.0B+14.1%	$10.3B+9.2%	$10.3B+0.5%	$10.5B-7.4%	$9.6B-12.3%	$9.5B-10.7%	$10.2B+1.5%	$11.3B+25.8%
Income Tax	$1.4B+53.1%	$691.0M+32.4%	$1.1B+819.2%	$1.3B+22.2%	$916.0M-26.8%	$522.0M-45.9%	$120.0M+220.0%	$1.1B+31.2%
Net Income	$6.4B+16.6%	$5.3B+7.3%	$5.4B+5.6%	$5.6B+9.3%	$5.5B+11.9%	$4.9B+6.0%	$5.1B+47.4%	$5.1B-11.3%
EPS (Basic)	$2.02+25.5%	$1.62+14.9%	$1.65+14.6%	$1.68+17.5%	$1.61+19.3%	$1.41+16.5%	$1.44+61.8%	$1.43-4.0%
EPS (Diluted)	$2.00+25.0%	$1.60+15.1%	$1.62+13.3%	$1.66+16.9%	$1.60+20.3%	$1.39+15.8%	$1.43+64.4%	$1.42-4.1%
Diluted Shares (Avg)	3.07B-5.9%	3.12B-6.1%	N/A	3.22B-5.9%	3.27B-6.3%	3.32B-7.7%	N/A	3.43B-6.9%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.

WFC Balance Sheet

WFC quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$2.1T+11.3%	$1.9T-0.1%	$1.9T+2.7%	$1.9T-3.4%	$1.9T-0.2%	$2.0T+1.3%	$1.9T+1.7%	$1.9T-2.9%	$2.0T+1.1%	$1.9T+8.0%	$1.8T+6.0%	$1.7T+10.7%	$1.5T+7.1%	$1.4T+8.3%	$1.3T
Cash & Equivalents	$172.6B-14.5%	$201.9B-14.5%	$236.1B+48.3%	$159.2B-32.1%	$234.2B-11.5%	$264.6B+87.3%	$141.3B-18.5%	$173.3B-19.8%	$215.9B-2.5%	$221.4B-7.6%	$239.5B+0.3%	$238.8B	N/A	N/A	N/A
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0-100.0%	$1.0B-85.7%	$7.2B+83.7%	$3.9B+65.4%	$2.4B+35.0%	$1.7B+70.7%	$1.0B-14.6%	$1.2B
Accounts Receivable	$19.7B+0.2%	$19.6B-35.8%	$30.5B+29.2%	$23.6B+13.5%	$20.8B-45.3%	$38.1B+30.8%	$29.1B-15.0%	$34.3B-12.4%	$39.1B+26.0%	$31.1B+18.3%	$26.3B-3.3%	$27.2B+26.7%	$21.4B-17.1%	$25.8B-0.4%	$25.9B
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	N/A	N/A	N/A
Goodwill	$25.0B-0.8%	$25.2B0.0%	$25.2B0.0%	$25.2B0.0%	$25.2B-4.6%	$26.4B0.0%	$26.4B-0.1%	$26.4B-0.6%	$26.6B-0.4%	$26.7B+4.6%	$25.5B-0.7%	$25.7B+0.3%	$25.6B0.0%	$25.6B+2.1%	$25.1B
Total Liabilities	$2.0T+12.4%	$1.7T+0.2%	$1.7T+2.7%	$1.7T-3.4%	$1.8T-0.5%	$1.8T+1.6%	$1.7T+2.4%	$1.7T-2.6%	$1.7T+0.8%	$1.7T+8.5%	$1.6T+6.1%	$1.5T+11.0%	$1.4T+7.0%	$1.3T+7.8%	$1.2T
Long-Term Debt	$174.7B+0.9%	$173.1B-16.6%	$207.6B+18.7%	$174.9B+8.8%	$160.7B-24.5%	$212.9B-6.7%	$228.2B-0.4%	$229.0B+1.8%	$225.0B-11.8%	$255.1B+27.8%	$199.5B+8.5%	$183.9B+20.2%	$153.0B+20.1%	$127.4B+1.6%	$125.4B
Total Equity	$181.1B+1.1%	$179.1B-3.6%	$185.7B+3.1%	$180.2B-3.9%	$187.6B+1.6%	$184.7B-1.3%	$187.1B-4.6%	$196.2B-5.2%	$206.9B+3.7%	$199.6B+3.4%	$193.0B+4.7%	$184.4B+8.4%	$170.1B+8.0%	$157.6B+12.3%	$140.2B
Retained Earnings	$228.9B+6.9%	$214.2B+6.5%	$201.1B+7.0%	$188.0B+4.2%	$180.3B+11.3%	$161.9B-2.9%	$166.7B+5.4%	$158.2B+8.9%	$145.3B+9.2%	$133.1B+10.1%	$120.9B+12.9%	$107.0B+15.9%	$92.4B+18.9%	$77.7B+20.6%	$64.4B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$2.3T+15.2%	$2.2T+13.1%	$2.1T+11.3%	$2.1T+7.3%	$2.0T+2.1%	$2.0T-0.5%	$1.9T-0.1%	$1.9T+0.7%
Cash & Equivalents	$201.5B+4.3%	$173.3B-1.6%	$172.6B-14.5%	$172.5B-6.3%	$193.1B-16.3%	$176.2B-34.4%	$201.9B-14.5%	$184.1B-15.0%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$27.3B-21.5%	$26.4B-7.8%	$19.7B+0.2%	$20.9B-27.9%	$34.8B+63.9%	$28.6B-11.8%	$19.6B-35.8%	$29.0B+2.2%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$25.0B-0.4%	$25.0B-0.4%	$25.0B-0.8%	$25.1B-0.4%	$25.1B-0.4%	$25.1B-0.4%	$25.2B0.0%	$25.2B0.0%
Total Liabilities	$2.1T+16.8%	$2.0T+14.6%	$2.0T+12.4%	$1.9T+8.2%	$1.8T+2.1%	$1.8T-0.5%	$1.7T+0.2%	$1.7T+0.6%
Long-Term Debt	$182.1B+3.3%	$183.9B+5.9%	$174.7B+0.9%	$177.8B-2.3%	$176.2B-1.6%	$173.7B-7.5%	$173.1B-16.6%	$182.0B-4.2%
Total Equity	$180.2B-0.5%	$178.4B-1.5%	$181.1B+1.1%	$181.2B-1.2%	$181.1B+2.7%	$181.1B+0.1%	$179.1B-3.6%	$183.3B+1.4%
Retained Earnings	$237.2B+7.2%	$232.5B+6.9%	$228.9B+6.9%	$225.2B+6.9%	$221.3B+6.8%	$217.4B+6.6%	$214.2B+6.5%	$210.7B+5.8%

Not reported in any period shown, so not listed: Current Assets, Inventory, Current Liabilities, Non-Current Liabilities.

WFC Cash Flow Statement

WFC quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$19.2B	-$19.0B-726.1%	$3.0B-92.5%	$40.4B+49.2%	$27.0B+334.7%	-$11.5B-661.9%	$2.1B-69.5%	$6.7B-81.3%	$36.1B+93.7%	$18.6B+1747.1%	$1.0B-93.7%	$15.9B-9.3%	$17.5B-69.6%	$57.6B-1.5%	$58.5B+328.4%	$13.7B
Depreciation & Amortization	N/A	$1.7B+21.4%	$1.4B+7.7%	$1.3B+8.3%	$1.2B-14.3%	$1.4B0.0%	$1.4B0.0%	$1.4B+7.7%	$1.3B+8.3%	$1.2B0.0%	$1.2B0.0%	$1.2B0.0%	$1.2B0.0%	$1.2B-7.7%	$1.3B-7.1%	$1.4B
Stock-Based Compensation	N/A	$1.5B+15.2%	$1.3B+14.2%	$1.1B+14.7%	$978.0M-2.7%	$1.0B+61.6%	$622.0M-48.9%	$1.2B+19.1%	$1.0B+20.4%	$849.0M+9.0%	$779.0M0.0%	$779.0M-9.2%	$858.0M+18.3%	$725.0M+29.5%	$560.0M+5.9%	$529.0M
Investing Cash Flow	-$253.9B	-$187.9B-1100.5%	-$15.7B-197.6%	$16.0B+137.8%	-$42.5B-457.5%	-$7.6B-106.2%	$122.6B+513.6%	-$29.6B-282.1%	-$7.8B+41.0%	-$13.2B	N/A	N/A	N/A	-$153.5B-9.7%	-$139.9B-299.2%	-$35.0B
Financing Cash Flow	$243.0B	$177.6B+924.7%	-$21.5B-205.1%	$20.5B+134.4%	-$59.6B-430.7%	-$11.2B-804.1%	-$1.2B+86.4%	-$9.1B+87.1%	-$71.0B-550.0%	-$10.9B	N/A	N/A	N/A	$93.9B+12.1%	$83.8B+238.1%	$24.8B
Dividends Paid	$5.6B	$5.4B+5.9%	$5.1B+7.2%	$4.8B+14.6%	$4.2B+72.5%	$2.4B-50.1%	$4.9B-40.8%	$8.2B+6.6%	$7.7B+2.8%	$7.5B+0.1%	$7.5B+1.0%	$7.4B+7.1%	$6.9B+16.0%	$6.0B+30.4%	$4.6B+79.9%	$2.5B
Share Buybacks	$18.0B	$17.5B-9.9%	$19.4B+64.1%	$11.9B+96.4%	$6.0B-58.3%	$14.5B+323.5%	$3.4B-86.1%	$24.5B+18.9%	$20.6B+108.2%	$9.9B+22.1%	$8.1B-6.7%	$8.7B-7.6%	$9.4B+75.8%	$5.4B+36.7%	$3.9B+62.2%	$2.4B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$6.8B+160.4%	$9.1B+182.8%	$4.1B-53.7%	-$869.0M-120.7%	-$11.2B-647.1%	-$11.0B+9.0%	$8.9B-51.1%	$4.2B-72.9%
Depreciation & Amortization	$1.9B-0.8%	$1.8B-1.2%	-$3.9B+6.8%	$1.8B+3.1%	$1.9B-4.0%	$1.9B+2.1%	-$4.2B-20.0%	$1.8B+11.6%
Investing Cash Flow	-$29.9B-471.1%	-$55.6B-102.0%	-$85.6B-7942.3%	-$82.9B-292.8%	$8.0B+155.2%	-$27.5B-230.4%	-$1.1B+74.9%	-$21.1B-376.6%
Financing Cash Flow	$51.3B+154.8%	$47.1B+267.4%	$81.5B+720.7%	$63.1B+312.1%	$20.1B+179.6%	$12.8B-45.6%	$9.9B+85.2%	-$29.8B-176.0%
Dividends Paid	$1.4B+6.1%	$1.4B+5.2%	$1.4B+5.5%	$1.4B+5.5%	$1.3B+6.9%	$1.3B+5.7%	$1.3B+4.7%	$1.4B+6.4%
Share Buybacks	$3.0B0.0%	$4.0B+14.3%	$5.0B+25.0%	$6.0B+74.7%	$3.0B-49.8%	$3.5B-41.7%	$4.0B+70.2%	$3.4B+132.1%

Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow.

WFC Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

WFC quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Net Margin	25.5%+1.5pp	24.0%+0.8pp	23.2%+4.8pp	18.4%-9.5pp	27.9%+23.4pp	4.5%-18.1pp	22.7%-3.2pp	25.9%+0.8pp	25.1%+0.3pp	24.9%-1.8pp	26.6%-0.7pp	27.3%+1.2pp	26.1%+4.2pp	21.9%+2.3pp	19.6%
Return on Equity	11.8%+0.8pp	11.0%+0.7pp	10.3%+2.7pp	7.6%-4.2pp	11.8%+10.0pp	1.8%-8.7pp	10.5%-0.9pp	11.4%+0.7pp	10.7%-0.3pp	11.0%-0.9pp	11.9%-0.6pp	12.5%-0.4pp	12.9%+0.9pp	12.0%+0.7pp	11.3%
Return on Assets	1.0%0.0pp	1.0%0.0pp	1.0%+0.3pp	0.7%-0.4pp	1.1%+1.0pp	0.2%-0.9pp	1.0%-0.2pp	1.2%0.0pp	1.1%0.0pp	1.1%-0.1pp	1.3%-0.1pp	1.4%-0.1pp	1.4%+0.1pp	1.3%+0.1pp	1.2%
Debt-to-Equity	0.960.0x	0.97-0.2x	1.12+0.1x	0.97+0.1x	0.86-0.3x	1.15-0.1x	1.22+0.1x	1.17+0.1x	1.09-0.2x	1.28+0.2x	1.030.0x	1.00+0.1x	0.90+0.1x	0.81-0.1x	0.89
Asset Turnover	0.040.0x	0.040.0x	0.040.0x	0.040.0x	0.040.0x	0.040.0x	0.040.0x	0.050.0x	0.050.0x	0.050.0x	0.050.0x	0.050.0x	0.060.0x	0.060.0x	0.06

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Net Margin	28.3%+1.9pp	24.5%+0.2pp	25.2%+0.3pp	26.1%+1.0pp	26.4%+2.7pp	24.3%+2.1pp	24.9%+8.1pp	25.1%-2.5pp
Return on Equity	3.6%+0.5pp	2.9%+0.2pp	3.0%+0.1pp	3.1%+0.3pp	3.0%+0.3pp	2.7%+0.2pp	2.8%+1.0pp	2.8%-0.4pp
Return on Assets	0.3%0.0pp	0.2%0.0pp	0.3%0.0pp	0.3%0.0pp	0.3%0.0pp	0.3%0.0pp	0.3%+0.1pp	0.3%0.0pp
Debt-to-Equity	1.010.0x	1.03+0.1x	0.960.0x	0.980.0x	0.970.0x	0.96-0.1x	0.97-0.2x	0.99-0.1x
Asset Turnover	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Wells Fargo & Co. WFC	FY2025	$83.7B	$21.3B	25.5%	$252.7B	35/100
HSBC Holdings plc HSBC	FY2025	$68.3B	$23.1B	33.9%	$316.7B	21/100
Bank of America Corporation BAC	FY2025	$113.1B	$30.5B	27.0%	$374.9B	42/100
JPMorgan Chase & Co. JPM	FY2025	$182.4B	$57.0B	31.2%	$881.0B	51/100

Where Wells Fargo & Co. Ranks

Frequently Asked Questions

What is Wells Fargo & Co.'s annual revenue?

Wells Fargo & Co. (WFC) reported $83.7B in total revenue for fiscal year 2025. This represents a 1.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Wells Fargo & Co.'s revenue growing?

Wells Fargo & Co. (WFC) revenue grew by 1.7% year-over-year, from $82.3B to $83.7B in fiscal year 2025.

Is Wells Fargo & Co. profitable?

Yes, Wells Fargo & Co. (WFC) reported a net income of $21.3B in fiscal year 2025, with a net profit margin of 25.5%.

How much debt does Wells Fargo & Co. have?

As of fiscal year 2025, Wells Fargo & Co. (WFC) had $172.6B in cash and equivalents against $174.7B in long-term debt.

What is Wells Fargo & Co.'s net profit margin?

Wells Fargo & Co. (WFC) had a net profit margin of 25.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Wells Fargo & Co. pay dividends?

Yes, Wells Fargo & Co. (WFC) paid $1.70 per share in dividends during fiscal year 2025.

What is Wells Fargo & Co.'s return on equity (ROE)?

Wells Fargo & Co. (WFC) has a return on equity of 11.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Wells Fargo & Co.'s operating cash flow?

Wells Fargo & Co. (WFC) recorded an outflow of $19.0B in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are Wells Fargo & Co.'s total assets?

Wells Fargo & Co. (WFC) had $2.1T in total assets as of fiscal year 2025, including both current and long-term assets.

Does Wells Fargo & Co. buy back shares?

Yes, Wells Fargo & Co. (WFC) spent $17.5B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Wells Fargo & Co. have outstanding?

Wells Fargo & Co. (WFC) had 3.09B shares outstanding as of fiscal year 2025.

What is Wells Fargo & Co.'s debt-to-equity ratio?

Wells Fargo & Co. (WFC) had a debt-to-equity ratio of 0.96 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Wells Fargo & Co.'s return on assets (ROA)?

Wells Fargo & Co. (WFC) had a return on assets of 1.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Wells Fargo & Co.'s P/E ratio?

Wells Fargo & Co. (WFC) trades at 11.2x earnings, its market capitalization divided by net income of $22.6B net income, trailing 12 months to June 30, 2026. The market capitalization is $252.7B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Wells Fargo & Co.'s price-to-sales ratio?

Wells Fargo & Co. (WFC) trades at 2.9x sales, its market capitalization divided by revenue of $86.8B revenue, trailing 12 months to June 30, 2026. The market capitalization is $252.7B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Wells Fargo & Co.'s Piotroski F-Score?

Wells Fargo & Co. (WFC) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Wells Fargo & Co.'s earnings high quality?

For every $1 of reported earnings, Wells Fargo & Co. (WFC) used $0.89 of operating cash (-$19.0B OCF vs $21.3B net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Wells Fargo & Co.?

Wells Fargo & Co. (WFC) scores 35 out of 100 on our Financial Health Score, indicating weak standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.