WELLS FARGO & COMPANY/MN (WFC) reported revenue of $83.70B and net income of $21.34B for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from WELLS FARGO & COMPANY/MN’s SEC filings, each linked to the filing it came from. It is classified by the SEC under National Commercial Banks.
Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $83.70B | $82.30B | $82.60B | $74.37B | $79.17B | $74.26B | $86.83B | $86.41B | $88.39B | $88.27B |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net income | $21.34B | $19.72B | $19.14B | $13.68B | $22.11B | $3.38B | $19.72B | $22.39B | $22.18B | $21.94B |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 3.24B | shares 3.47B | shares 3.72B | shares 3.84B | shares 4.10B | shares 4.13B | shares 4.43B | shares 4.84B | shares 5.02B | shares 5.11B |
| Pretax income | $25.20B | $23.36B | $21.64B | $15.63B | $29.56B | $2.50B | $25.97B | $28.54B | $27.38B | $32.12B |
| Income tax expense | $3.84B | $3.40B | $2.61B | $2.25B | $5.76B | -$1.16B | $5.76B | $5.66B | $4.92B | $10.08B |
| Diluted EPS | $6.26 | $5.37 | $4.83 | $3.27 | $5.08 | $0.43 | $4.09 | $4.28 | $4.10 | $3.99 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total assets | $2.15T | $1.93T | $1.93T | $1.88T | $1.95T | $1.95T | $1.93T | $1.90T | $1.95T | $1.93T |
| Current assets | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total liabilities | $1.97T | $1.75T | $1.75T | $1.70T | $1.76T | $1.77T | $1.74T | $1.70T | $1.74T | $1.73T |
| Current liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total equity incl. NCI | $183.04B | $181.07B | $187.44B | $182.21B | $189.89B | $184.99B | $187.70B | $197.07B | $208.08B | $200.50B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | $19.65B | $19.61B | $30.54B | $23.65B | $20.83B | $38.12B | $29.14B | $34.28B | $39.13B | $31.06B |
| Goodwill | $24.97B | $25.17B | $25.18B | $25.17B | $25.18B | $26.39B | $26.39B | $26.42B | $26.59B | $26.69B |
| Long-term debt | $174.71B | $173.08B | $207.59B | $174.87B | $160.69B | $212.95B | $228.19B | $229.04B | $225.02B | $255.08B |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$19.00B | $3.04B | $40.36B | $27.05B | -$11.52B | $2.05B | $6.73B | $36.07B | $18.62B | Unavailable |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Investing cash flow | -$187.90B | -$15.65B | $16.04B | -$42.48B | -$7.62B | $122.55B | -$29.63B | -$7.75B | -$13.15B | Unavailable |
| Financing cash flow | $177.59B | -$21.53B | $20.49B | -$59.64B | -$11.24B | -$1.24B | -$9.14B | -$70.98B | -$10.92B | Unavailable |
| Net change in cash | -$29.31B | -$34.15B | $76.90B | -$75.07B | -$30.38B | $123.36B | -$32.04B | -$42.66B | -$5.45B | -$18.12B |
| Stock-based compensation | $1.48B | $1.28B | $1.12B | $978.00M | $1.00B | $622.00M | $1.22B | $1.02B | $849.00M | $779.00M |
| Common dividends paid | $5.43B | $5.13B | $4.79B | $4.18B | $2.42B | $4.85B | $8.20B | $7.69B | $7.48B | $7.47B |
| Common share repurchases | $17.52B | $19.45B | $11.85B | $6.03B | $14.46B | $3.42B | $24.53B | $20.63B | $9.91B | $8.12B |
| Depreciation & amortization | $1.70B | $1.40B | $1.30B | $1.20B | $1.40B | $1.40B | $1.40B | $1.30B | $1.20B | $1.20B |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | 1.8% | 1.6% | 1.4% | 1.3% | 1.3% | 0.8% | 1.4% | 1.2% | 1.0% | Unavailable |
| Current ratio | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Revenue YoY growth | 1.7% | -0.4% | 11.1% | -6.1% | 6.6% | -14.5% | 0.5% | -2.2% | 0.1% | Unavailable |
| Net margin | 25.5% | 24.0% | 23.2% | 18.4% | 27.9% | 4.5% | 22.7% | 25.9% | 25.1% | 24.9% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | 0.95x | 0.96x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 15.2% | 14.5% | 12.0% | 14.4% | 19.5% | -46.2% | 22.2% | 19.8% | 18.0% | 31.4% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open WFC in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.