WELLS FARGO & COMPANY/MN

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $88.3b
$88.4b +0.14%
$86.4b -2.24%
$85.1b -1.56%
$74.3b -12.70%
$79.2b +6.60%
$74.4b -6.06%
$82.6b +11.07%
$82.3b -0.36%
$83.7b +1.70%
$87.0b +4.00%
Total interest income $53.7b
$58.9b +9.78%
$64.6b +9.74%
$66.1b +2.22%
$47.8b -27.67%
$39.7b -16.95%
$54.0b +36.10%
$85.1b +57.56%
$90.8b +6.65%
$87.3b -3.81%
Insurance Services Revenue $1.3b $1.0b $429.0m $378.0m
Total noninterest income $40.5b $38.8b $36.4b $37.8b $32.5b $42.7b $28.8b $30.2b $34.6b $36.2b
Net interest income $47.8b
$49.6b +3.78%
$50.0b +0.88%
$47.2b -5.53%
$39.8b -15.66%
$35.8b -10.18%
$45.0b +25.63%
$52.4b +16.52%
$47.7b -8.97%
$47.5b -0.40%
$48.7b +2.55%
Interest Income (Expense), Net $47.8b
$49.6b +3.78%
$50.0b +0.88%
$47.2b -5.53%
$39.8b -15.66%
$35.8b -10.18%
$45.0b +25.63%
$52.4b +16.52%
$47.7b -8.97%
$47.5b -0.40%
$90.8b +91.12%
Marketing and Advertising Expense $857.0m $1.1b $600.0m $600.0m $505.0m $812.0m $869.0m $1.1b
Labor and Related Expense $36.3b
Amortization of Intangible Assets $1.2b $1.2b $1.1b $108.0m $403.0m $305.0m $306.0m
Operating Lease, Lease Income $917.0m
Noninterest expense:
Total noninterest expense $52.4b $58.5b $56.1b $58.2b $57.6b $53.8b $57.3b $55.6b $54.6b $54.8b
Interest Expense $5.9b $9.4b $14.7b $18.9b $8.0b $3.9b $9.1b $32.7b $43.1b $39.8b $42.1b
Other interest expense $354.0m $424.0m $610.0m $551.0m $438.0m $395.0m $638.0m $820.0m $1.0b $1.2b
Interest income:
Interest Income, Debt Securities, Operating $14.4b $15.0b $11.2b $9.3b $11.8b $16.1b $18.0b $90.8b
Interest Income, Other $1.6b $3.1b $4.4b $5.1b $954.0m $334.0m $3.3b $10.8b $13.7b $1.1b $90.8b
Other interest income $1.6b $3.1b $4.4b $5.1b $954.0m $334.0m $3.3b $10.8b $13.7b $1.1b
Debt Securities, Trading, Gain (Loss) ($824.0m) $1.1b $2.7b ($1.8b) ($10.1b)
Debt and Equity Securities, Realized Gain (Loss) $2.2b $4.0b $2.7b $7.3b $1.5b $4.4b $5.4b $5.2b
Deconsolidation, Revaluation of Retained Investment, Gain (Loss), Amount $293.0m $101.0m
Other Expenses $3.8b
Income (Loss) from Continuing Operations before Income Taxes, Domestic $23.6b $27.5b
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $32.1b $27.4b $28.5b $24.2b $581.0m $28.8b $15.0b $21.6b $23.4b $25.2b $27.5b
Current Income Tax Expense (Benefit) $8.3b $4.3b $3.7b $7.4b $309.0m $6.9b $1.0b $2.7b $4.3b $5.7b $4.5b
Income Tax Expense (Benefit) $10.1b $4.9b $5.7b $4.2b ($3.0b) $5.6b $2.1b $2.6b $3.4b $3.8b $4.5b
Net Income (Loss) Attributable to Parent $21.9b
$22.2b +1.12%
$22.4b +0.95%
$19.5b -12.70%
$3.3b -83.11%
$21.5b +552.77%
$13.2b -38.82%
$19.1b +45.21%
$19.7b +3.03%
$21.3b +8.19%
$21.6b +1.30%
Net Income (Loss) Available to Common Stockholders, Basic $20.4b
$20.6b +0.89%
$20.7b +0.66%
$17.9b -13.30%
$1.7b -90.47%
$20.3b +1084.56%
$12.1b -40.43%
$18.0b +49.02%
$18.6b +3.47%
$20.3b +9.02%
$21.6b +6.56%
Net Income (Loss) Attributable to Noncontrolling Interest $107.0m $277.0m $483.0m $492.0m $285.0m $1.7b ($300.0m) ($113.0m) $243.0m $20.0m $21.6b
Net income (loss) before noncontrolling interests $22.0b $22.5b $22.9b $20.0b $3.6b $23.2b $12.9b $19.0b $20.0b $21.4b $21.6b
Preferred Stock Dividends and Other Adjustments $1.6b $1.6b $1.7b $1.6b $1.6b $1.3b $1.1b $1.2b $1.1b $1.1b $995.0m
Preferred stock dividends and other $2k $2k $2k $2k $2k $1k $1k $1k $1k $1k $995.0m
Earnings Per Share, Basic $4.03 $4.14 $4.31 $4.08 $0.42 $4.99 $3.17 $4.88 $5.43 $6.34 $6.96
Earnings Per Share, Diluted $3.99 $4.10 $4.28 $4.05 $0.41 $4.95 $3.14 $4.83 $5.37 $6.26 $6.88
Common Stock, Dividends, Per Share, Declared $1.51 $1.54 $1.64 $1.92 $1.22 $0.60 $1.10 $1.30 $1.50 $1.70
Average common shares outstanding (in shares) 5.1b 5.0b 4.8b 4.4b 4.1b 4.1b 3.8b 3.7b 3.4b 3.2b
Diluted average common shares outstanding (in shares) 5.1b 5.0b 4.8b 4.4b 4.1b 4.1b 3.8b 3.7b 3.5b 3.2b
Weighted Average Number of Shares Outstanding, Basic 5.1b 5.0b 4.8b 4.4b 4.1b 4.1b 3.8b 3.7b 3.4b 3.2b 3.1b
Weighted Average Number of Shares Outstanding, Diluted 5.1b 5.0b 4.8b 4.4b 4.1b 4.1b 3.8b 3.7b 3.5b 3.2b 3.1b
Additional Financial Items
Advertising and promotion $857.0m $1.1b $600.0m $600.0m $505.0m $812.0m $869.0m $1.1b
Available-for-sale and held-to-maturity debt securities $12.3b $13.0b $14.0b
Card fees $3.9b $4.0b $3.9b $4.0b $3.5b $4.2b $4.4b $4.3b $4.3b $4.6b
Deposit and lending-related fees $7.4b $7.3b $6.6b $6.9b $6.7b $6.1b $6.5b $6.6b
Deposits $1.4b $3.0b $5.6b $8.6b $2.8b $388.0m $2.3b $16.5b $24.3b $20.4b
Depreciation, Depletion and Amortization, Nonproduction $1.2b $1.2b $1.3b $1.4b $1.4b $1.4b $1.2b $1.3b $1.4b $1.7b
Direct Costs of Leased and Rented Property or Equipment $1.2b $1.0b $867.0m $750.0m $697.0m $633.0m $606.0m
Equipment Expense $2.2b $2.2b $2.4b $2.8b $3.1b $3.2b $3.4b $3.9b $4.6b
Federal funds purchased and securities loaned or sold under repurchase agreements $3.3b $4.8b $6.9b
Federal funds sold and securities borrowed or purchased under resale agreements $3.4b $4.0b $5.0b
Fee income $68.4b $68.3b $67.1b $65.4b $35.7b $26.0b $22.9b $22.1b $24.8b $26.1b
Goodwill, Impairment Loss $0
Interest-earning deposits with banks $7.0b $9.2b $5.8b
Loans $39.5b $41.4b $44.0b $44.1b $34.1b $28.6b $37.7b $57.2b $57.9b $54.7b
Long-term debt $3.8b $5.2b $6.7b $7.3b $4.5b $3.2b $5.5b $11.6b $12.5b $10.3b
Mortgage banking $6.1b $4.3b $3.0b $2.7b $3.5b $5.0b $1.4b $829.0m $1.0b $1.2b
Net gains (losses) from trading and securities $2.2b $4.0b $2.7b $7.3b $1.5b $4.4b $5.4b $5.2b
Occupancy $2.9b $2.8b $2.9b $2.9b $3.3b $3.0b $2.9b $2.9b $3.1b $3.2b $8.8b
Other $13.1b $17.6b $15.6b $16.8b $4.1b $4.1b $4.0b $5.8b $4.0b $4.6b
Other Interest and Dividend Income $1.6b $3.1b $4.4b $5.1b $954.0m $334.0m $3.3b $10.8b $13.7b $1.1b
Personnel $33.1b $35.1b $34.8b $35.5b $34.3b $35.8b $35.7b $36.3b
Professional and outside services $6.6b $6.7b $6.7b $5.7b $5.2b $5.1b $4.6b $4.5b
Provision for credit losses $3.8b $2.5b $1.7b $2.7b $14.1b ($4.2b) $1.5b $5.4b $4.3b $3.7b
Technology, telecommunications and equipment $2.9b $3.3b $3.1b $3.2b $3.4b $3.9b $4.6b $5.2b
Trading assets $2.5b $2.9b $4.2b $5.5b $6.7b
Trading liabilities $643.0m $820.0m $1.0b
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $22.0b $22.5b $22.9b $20.0b $3.6b $23.2b $12.9b $19.0b $20.0b $21.4b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.