Wells Fargo & Co D/E PFD (WFCNP) Financials
Newest figures come from the 10-Q for Q3 FY2026, filed Oct 28, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the WFCNP SEC filings page.
Wells Fargo & Co D/E PFD (WFCNP) reported $87.2B in revenue over the twelve months to Sep 30, 2026, up 5.4% 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).
The bank’s earnings improved with little revenue growth, while its balance sheet expanded mainly through liability funding.
The cash-conversion break is the key signal: operating cash flow moved from$3.0B in FY2024 to-$19.0B in FY2025 even as reported profit increased. The simultaneous funding-and-investing swing—$177.6B of financing cash flow against-$187.9B of investing cash flow—suggests that balance-sheet movements, rather than earnings, dominated reported cash generation.
Net income rose
The balance sheet became more liability-heavy: liabilities were
Financial Health Signals
We do not publish a peer-relative financial health score for Wells Fargo & Co D/E PFD, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Wells Fargo & Co D/E PFD 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, the one computable operating efficiency signal (asset turnover improving) does not pass.
For every $1 of reported earnings, Wells Fargo & Co D/E PFD 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
Earnings & Revenue
Wells Fargo & Co D/E PFD generated $21.9B in revenue in Q3 2026. This represents an increase of 2.0% from the same quarter a year earlier. Against the prior quarter it is down 3.3%.
Wells Fargo & Co D/E PFD reported $6.0B in net income in Q3 2026. This represents an increase of 6.5% from the same quarter a year earlier. Against the prior quarter it is down 7.1%.
Wells Fargo & Co D/E PFD earned $1.87 per diluted share (EPS) in Q3 2026. This represents an increase of 12.7% from the same quarter a year earlier. Against the prior quarter it is down 6.5%.
Not reported for Q3 2026.
Cash & Balance Sheet
Wells Fargo & Co D/E PFD held $179.4B in cash against $182.9B in long-term debt as of Q3 2026.
Wells Fargo & Co D/E PFD paid $0.50 per share in dividends in Q3 2026. This represents an increase of 11.1% from the same quarter a year earlier. Against the prior quarter it is up 11.1%.
Not reported for Q3 2026.
Margins & Returns
Wells Fargo & Co D/E PFD's net profit margin was 27.2% in Q3 2026, showing the share of revenue converted to profit. This is up 1.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.1 percentage points.
Wells Fargo & Co D/E PFD's quarterly ROE was 3.4% in Q3 2026: one quarter's net income over shareholder equity, not annualized. This is up 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.2 percentage points.
Not reported for Q3 2026.
Not reported for Q3 2026.
Capital Allocation
Wells Fargo & Co D/E PFD spent $2.5B on share buybacks in Q3 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 58.3% from the same quarter a year earlier. Against the prior quarter it is down 17.1%.
Not reported for Q3 2026.
Not reported for Q3 2026.
WFCNP 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.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $21.9B+2.0% | $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% |
| Interest Expense | $11.4B+8.8% | $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% |
| Income Tax | $1.2B-10.7% | $1.4B+53.1% | $691.0M+32.4% | $1.1B+819.2% | $1.3B+22.2% | $916.0M-26.8% | $522.0M-45.9% | $120.0Mn/m |
| Net Income | $6.0B+6.5% | $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% |
| EPS (Basic) | $1.89+12.5% | $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% |
| EPS (Diluted) | $1.87+12.7% | $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% |
| Diluted Shares (Avg) | 3.05B-5.3% | 3.07B-5.9% | 3.12B-6.1% | N/A | 3.22B-5.9% | 3.27B-6.3% | 3.32B-7.7% | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA.
WFCNP Balance Sheet
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.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.3T+9.2% | $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% |
| Cash & Equivalents | $179.4B+4.0% | $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% |
| Accounts Receivable | $25.1B+20.0% | $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% |
| Goodwill | $25.0B-0.4% | $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% |
| Total Liabilities | $2.1T+10.4% | $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% |
| Long-Term Debt | $182.9B+2.9% | $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% |
| Total Equity | $175.8B-3.0% | $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% |
| Retained Earnings | $241.4B+7.2% | $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% |
Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Long-Term Investments, Current Liabilities, Non-Current Liabilities.
WFCNP Cash Flow 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.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $8.9Bn/m | $6.8Bn/m | $9.1Bn/m | $4.1B-53.7% | -$869.0M-120.7% | -$11.2B-647.1% | -$11.0Bn/m | $8.9B-51.1% |
| Depreciation & Amortization | $1.8B+0.2% | $1.9B-0.8% | $1.8B-1.2% | $2.1B+7.0% | $1.8B+3.1% | $1.9B-4.0% | $1.9B+2.1% | $2.0B+32.8% |
| Investing Cash Flow | -$18.5Bn/m | -$29.9B-471.1% | -$55.6Bn/m | -$85.6Bn/m | -$82.9Bn/m | $8.0Bn/m | -$27.5B-230.4% | -$1.1Bn/m |
| Financing Cash Flow | -$12.5B-119.8% | $51.3B+154.8% | $47.1B+267.4% | $81.5B+720.7% | $63.1Bn/m | $20.1Bn/m | $12.8B-45.6% | $9.9B+85.2% |
| Dividends Paid | $1.5B+5.4% | $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% |
| Share Buybacks | $2.5B-58.3% | $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% |
Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow.
WFCNP 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.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 27.2%+1.1pp | 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 |
| Return on Equity | 3.4%+0.3pp | 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 |
| Return on Assets | 0.3%0.0pp | 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 |
| Debt-to-Equity | 1.04+0.1x | 1.010.0x | 1.03+0.1x | 0.960.0x | 0.980.0x | 0.970.0x | 0.96-0.1x | 0.97-0.2x |
| Liabilities-to-Equity | 11.81+1.4x | 11.65+1.7x | 11.35+1.6x | 10.85+1.1x | 10.38+0.9x | 9.93-0.1x | 9.76-0.1x | 9.76+0.4x |
| 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.
Where Wells Fargo & Co D/E PFD Ranks
Frequently Asked Questions
Wells Fargo & Co D/E PFD (WFCNP) 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.
Wells Fargo & Co D/E PFD (WFCNP) revenue grew by 1.7% year-over-year, from $82.3B to $83.7B in fiscal year 2025.
Yes, Wells Fargo & Co D/E PFD (WFCNP) reported a net income of $23.0B over the trailing 12 months to September 30, 2026. In fiscal year 2025 it reported a net income of $21.3B, with a net profit margin of 25.5%.
As of fiscal year 2025, Wells Fargo & Co D/E PFD (WFCNP) had $172.6B in cash and equivalents against $174.7B in long-term debt.
Wells Fargo & Co D/E PFD (WFCNP) had a net profit margin of 25.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Yes, Wells Fargo & Co D/E PFD (WFCNP) paid $1.70 per share in dividends during fiscal year 2025.
Wells Fargo & Co D/E PFD (WFCNP) has a return on equity of 11.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Wells Fargo & Co D/E PFD (WFCNP) recorded an outflow of $19.0B in operating cash flow during fiscal year 2025, representing cash used by core business activities.
Wells Fargo & Co D/E PFD (WFCNP) had $2.1T in total assets as of fiscal year 2025, including both current and long-term assets.
Wells Fargo & Co D/E PFD (WFCNP) had a debt-to-equity ratio of 0.96 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
Wells Fargo & Co D/E PFD (WFCNP) had a liabilities-to-equity ratio of 10.85 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
Wells Fargo & Co D/E PFD (WFCNP) had a return on assets of 1.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Wells Fargo & Co D/E PFD (WFCNP) 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.
For every $1 of reported earnings, Wells Fargo & Co D/E PFD (WFCNP) 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.