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WELLS FARGO & COMPANY/MN (WFC)

As-reported financials and SEC filings for WELLS FARGO & COMPANY/MN. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About WELLS FARGO & COMPANY/MN

Wells Fargo & Company is a financial holding company and bank holding company based in Delaware. It provides a wide range of banking, investment, mortgage, and finance products and services to individuals, businesses, and institutions primarily in the United States and internationally. Its offerings include consumer banking, commercial banking, corporate and investment banking, and wealth and investment management.

Snapshot

Revenue
$83.70B
Revenue growth (YoY)
1.7%
Net income
$21.34B
Diluted EPS
$6.26
Gross margin
Operating margin
Net margin
25.5%
FCF margin
ROE
11.7%
net income / fiscal-year-end equity
P/E
13.0×
trailing when available, otherwise FY EPS
Market cap
$270.50B
Long-term debt / equity
0.95×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Wells Fargo & Company/mn

  • Revenue grew 1.7% to $83.7B in FY2025, after a 0.4% decline the year before.
  • Most recent quarter Q2 FY2026: revenue $22.6B, up 8.6% from Q2 FY2025.
  • Net income rose 8.2% to $21.3B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Wells Fargo & Company/mn’s fundamentals sit among the 76 banks. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Net margin25.5%
37th percentile of 76
Revenue growth (YoY)+1.7%
7th percentile of 76
ROE11.7%
75th percentile of 76
P/E13.0×
65th percentile of 75
Long-term debt / equity0.95×
92nd percentile of 38
Short interest2.88d
8th percentile of 75

Wells Fargo & Company/mn’s revenue growth of +1.7% ranks in the 7th percentile of the 76 banks reporting it. Wells Fargo & Company/mn’s long-term debt to equity of 0.95 ranks in the 92nd percentile of the 38 banks reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 14% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 7 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
7
+7 quant / multi-strat
Initiated / added
11
1 new, 10 added
Reduced / exited
1
1 trimmed, 0 exited
Combined position
$6.92B
reported long value
InvestorAs ofPosition valueSharesChange
Dodge & CoxQ2 2026$2.59B31.3MAdded
Harris Associates (Oakmark)Q2 2026$900.2M10.9MReduced
AQR Capital ManagementquantQ2 2026$888.4M10.7MAdded
D. E. ShawquantQ2 2026$708.7M8.6MAdded
Two Sigma InvestmentsquantQ2 2026$600.5M7.3MAdded
Citadel AdvisorsquantQ2 2026$556.9M6.7MAdded
Millennium ManagementquantQ2 2026$392.4M4.7MAdded
Point72 Asset ManagementquantQ2 2026$140.3M1.7MNew
Bridgewater AssociatesQ2 2026$94.7M1.1MAdded
Markel GroupQ2 2026$16.9M204.4KHeld
Gotham Asset ManagementQ2 2026$16.8M203.8KAdded
Yacktman Asset ManagementQ2 2026$8.7M104.8KAdded
Renaissance TechnologiesquantQ2 2026$6.2M75.6KAdded
Chou Associates ManagementQ2 2026$4.9M59.5KHeld

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
33.9M
settled 2026-08-31
Change vs prior
+20.8%
vs previous settlement
Days to cover
2.88
at avg daily volume
Avg daily volume
11.8M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-3133.9M+20.8%2.88
2026-08-1428.1M-1.3%2.43
2026-07-3128.5M-1.9%1.78
2026-07-1529.0M+1.4%1.75
2026-06-3028.6M-17.9%1.62
2026-06-1534.8M+7.4%2.39
2026-05-2932.5M-7.1%2.05
2026-05-1534.9M+17.9%1.90

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Bank fundamentals

Regulatory detail for Wells Fargo Bank, National Association (Sioux Falls, SD), the insured-bank subsidiary, from its FDIC Call Report as of Q2 2026. This is what actually moves bank stocks: deposit franchise, capital, and credit quality that a standard income statement can’t show.

Total deposits
$1563.5B
FDIC insured-bank
Uninsured deposits
50.3%
share of deposits
CET1 ratio
12.06%
regulatory capital
Net interest margin
3.13%
trailing
Efficiency ratio
54.8%
lower is better
Noncurrent loans
1.04%
of gross loans

Source: FDIC BankFind (Call Report). Bank-subsidiary figures, filed quarterly ~30 days after quarter-end.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$83.70B$82.30B$82.60B$74.37B$79.17B
Gross profit
Operating income
Net income$21.34B$19.72B$19.14B$13.68B$22.11B
Diluted EPS$6.26$5.37$4.83$3.27$5.08

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$172.59B$201.90B$236.05B$159.16B$234.23B
Current assets
Total assets$2.15T$1.93T$1.93T$1.88T$1.95T
Current liabilities
Long-term debt$174.71B$173.08B$207.59B$174.87B$160.69B
Total liabilities$1.97T$1.75T$1.75T$1.70T$1.76T
Total equity$183.04B$181.07B$187.44B$182.21B$190.11B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$-19.00B$3.04B$40.36B$27.05B$-11.53B
Capital expenditure
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$22.62B8.6%$6.41B$2.00
Q1 FY2026$21.45B6.4%$5.25B$1.60
Q4 FY2025$21.29B4.5%$5.36B$1.70
Q3 FY2025$21.44B5.3%$5.59B$1.66
Q2 FY2025$20.82B0.6%$5.49B$1.60
Q1 FY2025$20.15B-3.4%$4.89B$1.39
Q4 FY2024$20.38B-0.5%$5.08B$1.51
Q3 FY2024$20.37B-2.4%$5.11B$1.42

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorFinancials
SIC industryNational Commercial Banks
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2025
SEC CIK72971

Selected SEC filings

10-K2026-02-24
View on EDGAR →
10-K2025-02-25
View on EDGAR →
10-Q2026-07-28
View on EDGAR →
10-Q2026-04-29
View on EDGAR →
10-Q2025-10-31
View on EDGAR →
10-Q2025-08-05
View on EDGAR →
8-K2026-08-19
View on EDGAR →
8-K2026-07-14
View on EDGAR →

Largest bank peers

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WFC head to head

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.