Wells Fargo & Company (WFC-PA) — Financial statements
Income statement, balance sheet, and cash flow for Wells Fargo & Company — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 123,529↓1.5% | 125,397↑8.7% | 115,340↑38.2% | 83,442↑0.4% | 83,081 | |
| Cost of Revenue | 43,488↓8.3% | 47,435↑24.4% | 38,142↑259.6% | 10,608↑4520.0% | -240 | |
| Gross Profit | 80,041↑2.7% | 77,962↑1.0% | 77,198↑6.0% | 72,834↓12.6% | 83,321 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 39,432↑8.4% | 36,362↓0.4% | 36,526↑4.1% | 35,090↓1.3% | 35,541 | |
| Selling & Marketing Expenses | 1,094↑25.9% | 869↑7.0% | 812↑60.8% | 505↓15.8% | 600 | |
| SG&A Expenses | 40,526↑8.9% | 37,231↓0.3% | 37,338↑4.9% | 35,595↓1.5% | 36,141 | |
| Other Expenses | 14,316↓17.6% | 17,367↓4.7% | 18,224↓15.7% | 21,610↑22.7% | 17,617 | |
| Operating Expenses | 54,842↑0.4% | 54,598↓1.7% | 55,562↓2.9% | 57,205↑6.4% | 53,758 | |
| Total Costs & Expenses | 98,330↓3.6% | 102,033↑8.9% | 93,704↑38.2% | 67,813↑26.7% | 53,518 | |
| Operating Results | ||||||
| Operating Income | 25,199↑7.9% | 23,364↑8.0% | 21,636↑38.4% | 15,629↓47.1% | 29,563 | |
| Depreciation & Amortization | 4,147↓45.1% | 7,558↑20.5% | 6,271↓8.2% | 6,832↓13.4% | 7,890 | |
| EBITDA | 29,346↓5.1% | 30,922↑10.8% | 27,907↑24.2% | 22,461↓40.0% | 37,453 | |
| EBIT | 25,199↑7.9% | 23,364↑8.0% | 21,636↑38.4% | 15,629↓47.1% | 29,563 | |
| Interest & Other Income | ||||||
| Net Interest Income | 47,484↓0.4% | 47,676↓9.0% | 52,375↑16.5% | 44,950↑25.6% | 35,779 | |
| Interest Income | 87,314↓3.8% | 90,777↑6.6% | 85,118↑57.6% | 54,024↑36.1% | 39,694 | |
| Interest Expense | 39,830↓7.6% | 43,101↑31.6% | 32,743↑260.8% | 9,074↑131.8% | 3,915 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 25,199↑7.9% | 23,364↑8.0% | 21,636↑38.4% | 15,629↓47.1% | 29,563 | |
| Income Tax Expense | 3,841↑13.0% | 3,399↑30.4% | 2,607↑15.8% | 2,251↓60.9% | 5,764 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 21,358↑7.0% | 19,965↑4.9% | 19,029↑42.2% | 13,378↓43.8% | 23,799 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 21,338↑8.2% | 19,722↑3.0% | 19,142↑40.0% | 13,677↓38.1% | 22,109 | |
| Bottom-Line Net Income | 20,532↑10.4% | 18,606↑3.5% | 17,982↑43.1% | 12,562↓39.7% | 20,818 | |
| EPS (Basic) | 6.39↑17.7% | 5.43↑11.3% | 4.88↑53.9% | 3.17↓36.5% | 4.99 | |
| EPS (Diluted) | 6.32↑17.7% | 5.37↑11.2% | 4.83↑53.8% | 3.14↓37.1% | 4.99 | |
| Weighted Average Shares | 3,179↓7.2% | 3,426↓7.1% | 3,688↓3.1% | 3,805↓6.3% | 4,062 | |
| Weighted Average Diluted Shares | 3,217↓7.2% | 3,468↓6.8% | 3,720↓3.0% | 3,837↓6.3% | 4,096 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.