WELLS FARGO & COMPANY/MN (WFC) financial statements: income statement, balance sheet and cash flow

WELLS FARGO & COMPANY/MN's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), WELLS FARGO & COMPANY/MN reported revenue of $83.7B (+1.7% year on year).

Income statement

WELLS FARGO & COMPANY/MN income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Interest-earning deposits with banks	$5.8B	—	—	—
Federal funds sold and securities borrowed or purchased under resale agreements	$5.0B	—	—	—
Trading assets	$6.7B	—	—	—
Available-for-sale and held-to-maturity debt securities	$14.0B	—	—	—
Loans	$54.7B	$57.9B	$57.2B	$37.7B
Other interest income	$1.1B	$13.7B	$10.8B	$3.3B
Total interest income	$87.3B	$90.8B	$85.1B	$54.0B
Deposits	$20.4B	$24.3B	$16.5B	$2.3B
Federal funds purchased and securities loaned or sold under repurchase agreements	$6.9B	—	—	—
Trading liabilities	$1.0B	—	—	—
Long-term debt	$10.3B	$12.5B	$11.6B	$5.5B
Other interest expense	$1.2B	$1.0B	$820.0M	$638.0M
Total interest expense	$39.8B	$43.1B	$32.7B	$9.1B
Net interest income	$47.5B	$47.7B	$52.4B	$45.0B
Deposit and lending-related fees	$6.6B	$6.5B	$6.1B	$6.7B
Fee income	$16.1B	$15.0B	$12.7B	—
Card fees	$4.6B	$4.3B	$4.3B	$4.4B
Mortgage banking	$1.2B	$1.0B	$829.0M	$1.4B
Net gains (losses) from trading and securities	$5.2B	$5.4B	$4.4B	$1.5B
Other	$2.5B	$2.3B	$1.9B	$2.2B
Total noninterest income	$36.2B	$34.6B	$30.2B	$28.8B
Total revenue	$83.7B	$82.3B	$82.6B	$73.8B
Provision for credit losses	$3.7B	$4.3B	$5.4B	$1.5B
Personnel	$36.3B	$35.7B	$35.8B	$34.3B
Technology, telecommunications and equipment	$5.2B	$4.6B	$3.9B	$3.4B
Occupancy	$3.2B	$3.1B	$2.9B	$2.9B
Professional and outside services	$4.5B	$4.6B	$5.1B	$5.2B
Advertising and promotion	$1.1B	$869.0M	$812.0M	$505.0M
Other	$4.6B	$4.0B	$5.8B	$4.0B
Total noninterest expense	$54.8B	$54.6B	$55.6B	$57.3B
Income (loss) before income tax expense	$25.2B	$23.4B	$21.6B	$15.0B
Income tax expense (benefit)	$3.8B	$3.4B	$2.6B	$2.1B
Net income (loss) before noncontrolling interests	$21.4B	$20.0B	$19.0B	$12.9B
Net income (loss) from noncontrolling interests	$20.0M	$243.0M	($113.0M)	($300.0M)
Wells Fargo net income (loss)	$21.3B	$19.7B	$19.1B	$13.2B
Preferred stock dividends and other	$1.1B	$1.1B	$1.2B	$1.1B
Wells Fargo net income (loss) applicable to common stock	$20.3B	$18.6B	$18.0B	$12.1B
Earnings per common share (in dollars per share)	$6.34	$5.43	$4.88	$3.17
Diluted earnings per common share (in dollars per share)	$6.26	$5.37	$4.83	$3.14
Average common shares outstanding (in shares)	3.2B	3.4B	3.7B	3.8B
Diluted average common shares outstanding (in shares)	3.2B	3.5B	3.7B	3.8B

WELLS FARGO & COMPANY/MN income statement, quarters

Line item	Jun 30, 2026 · Q2	Mar 31, 2026 · Q1	Sep 30, 2025 · Q3	Jun 30, 2025 · Q2
Interest-earning deposits with banks	$1.4B	$1.3B	—	—
Federal funds sold and securities borrowed or purchased under resale agreements	$1.7B	$1.7B	—	—
Trading assets	$1.9B	$1.9B	—	—
Available-for-sale and held-to-maturity debt securities	$3.7B	$3.5B	—	—
Loans	$14.3B	$13.8B	$13.9B	$13.6B
Other interest income	$287.0M	$226.0M	$3.0B	$2.6B
Total interest income	$23.3B	$22.4B	$22.4B	$21.3B
Deposits	$5.5B	$5.0B	$5.2B	$5.1B
Federal funds purchased and securities loaned or sold under repurchase agreements	$2.3B	$2.2B	—	—
Trading liabilities	$295.0M	$280.0M	—	—
Long-term debt	$2.4B	$2.4B	$2.6B	$2.6B
Other interest expense	$517.0M	$475.0M	$349.0M	$330.0M
Total interest expense	$11.0B	$10.3B	$10.5B	$9.6B
Net interest income	$12.3B	$12.1B	$11.9B	$11.7B
Deposit and lending-related fees	$1.8B	$1.7B	$1.7B	$1.6B
Fee income	$4.4B	$4.3B	$4.2B	$3.8B
Card fees	$1.2B	$1.1B	$1.2B	$1.2B
Mortgage banking	$256.0M	$201.0M	$268.0M	$230.0M
Net gains (losses) from trading and securities	$2.2B	$1.5B	$1.6B	$1.4B
Other	$377.0M	$489.0M	$555.0M	$895.0M
Total noninterest income	$10.3B	$9.3B	$9.5B	$9.1B
Total revenue	$22.6B	$21.4B	$21.4B	$20.8B
Provision for credit losses	$914.0M	$1.1B	$681.0M	$1.0B
Personnel	$8.9B	$9.6B	$9.0B	$8.7B
Technology, telecommunications and equipment	$1.5B	$1.4B	$1.3B	$1.3B
Occupancy	$803.0M	$778.0M	$784.0M	$766.0M
Professional and outside services	$1.1B	$1.1B	$1.2B	$1.1B
Advertising and promotion	$361.0M	$369.0M	$295.0M	$266.0M
Other	$1.1B	$1.1B	$965.0M	$951.0M
Total noninterest expense	$13.7B	$14.3B	$13.8B	$13.4B
Income (loss) before income tax expense	$8.0B	$6.0B	$6.9B	$6.4B
Income tax expense (benefit)	$1.4B	$691.0M	$1.3B	$916.0M
Net income (loss) before noncontrolling interests	$6.6B	$5.3B	$5.6B	$5.5B
Net income (loss) from noncontrolling interests	$238.0M	$37.0M	$20.0M	$28.0M
Wells Fargo net income (loss)	$6.4B	$5.3B	$5.6B	$5.5B
Preferred stock dividends and other	$247.0M	$253.0M	$248.0M	$280.0M
Wells Fargo net income (loss) applicable to common stock	$6.2B	$5.0B	$5.3B	$5.2B
Earnings per common share (in dollars per share)	$2.02	$1.62	$1.68	$1.61
Diluted earnings per common share (in dollars per share)	$2.00	$1.60	$1.66	$1.60
Average common shares outstanding (in shares)	3.0B	3.1B	3.2B	3.2B
Diluted average common shares outstanding (in shares)	3.1B	3.1B	3.2B	3.3B

Balance sheet

WELLS FARGO & COMPANY/MN balance sheet, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Cash and due from banks	$39.2B	$37.1B	$33.0B	$34.6B
Interest-earning deposits with banks	$135.0B	$166.3B	$204.2B	$124.6B
Federal funds sold and securities borrowed or purchased under resale agreements	$193.9B	—	—	—
Trading assets	$227.9B	—	—	—
Available-for-sale debt securities	$213.6B	$163.0B	$130.4B	$113.6B
Held-to-maturity debt securities	$208.0B	$234.9B	$262.7B	$297.1B
Total loans	$986.2B	$912.7B	$936.7B	$955.9B
Allowance for loan losses	($13.8B)	($14.2B)	($14.6B)	($13.0B)
Net loans	$972.4B	$898.6B	$922.1B	$942.9B
Premises and equipment, net	$11.4B	$10.3B	$9.3B	$8.3B
Goodwill	$25.0B	$25.2B	$25.2B	$25.2B
Equity securities	$40.9B	$60.6B	$57.3B	$64.4B
Other assets	$81.3B	$73.3B	$78.8B	$75.8B
Total assets	$2.1T	$1.9T	$1.9T	$1.9T
Noninterest-bearing deposits	$365.4B	$383.6B	$360.3B	$458.0B
Interest-bearing deposits	$1.1T	$988.2B	$997.9B	$926.0B
Total deposits	$1.4T	$1.4T	$1.4T	$1.4T
Federal funds purchased and securities loaned or sold under repurchase agreements	$232.7B	—	—	—
Short-term borrowings	$18.3B	$108.8B	$89.6B	$51.1B
Trading liabilities	$45.5B	—	—	—
Accrued expenses and other liabilities	$68.2B	$78.8B	$71.2B	$69.1B
Long-term debt	$174.7B	$173.1B	$207.6B	$174.9B
Total liabilities	$2.0T	$1.7T	$1.7T	$1.7T
Preferred stock	$16.6B	$18.6B	$19.4B	$19.4B
Common stock	$9.1B	$9.1B	$9.1B	$9.1B
Additional paid-in capital	$61.3B	$60.8B	$60.6B	$60.3B
Retained earnings	$228.9B	$214.2B	$201.1B	$187.6B
Accumulated other comprehensive income (loss)	($6.7B)	($12.2B)	($11.6B)	($13.4B)
Treasury stock, at cost	($128.1B)	($111.5B)	($93.0B)	($82.9B)
Total Wells Fargo stockholders’ equity	$181.1B	$179.1B	$185.7B	$179.9B
Noncontrolling interests	$1.9B	$1.9B	$1.7B	$2.0B
Total equity	$183.0B	$181.1B	$187.4B	$181.9B
Total liabilities and equity	$2.1T	$1.9T	$1.9T	$1.9T

WELLS FARGO & COMPANY/MN balance sheet, quarters

Line item	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025
Cash and due from banks	$42.2B	$33.5B	$34.8B	$35.1B
Interest-earning deposits with banks	$161.2B	$141.2B	$139.5B	$159.5B
Federal funds sold and securities borrowed or purchased under resale agreements	$205.3B	$215.6B	—	—
Trading assets	$243.2B	$221.7B	—	—
Available-for-sale debt securities	$250.3B	$222.9B	$206.7B	$184.9B
Held-to-maturity debt securities	$198.6B	$204.1B	$214.2B	$221.5B
Total loans	$1.0T	$1.0T	$943.1B	$924.4B
Allowance for loan losses	($13.9B)	($13.9B)	($13.7B)	($14.0B)
Net loans	$1.0T	$1.0T	$929.4B	$910.5B
Premises and equipment, net	$11.6B	$11.5B	$11.0B	$10.8B
Goodwill	$25.0B	$25.0B	$25.1B	$25.1B
Equity securities	$42.4B	$41.1B	$70.1B	$67.5B
Other assets	$85.2B	$86.2B	$79.9B	$94.5B
Total assets	$2.3T	$2.2T	$2.1T	$2.0T
Noninterest-bearing deposits	$370.1B	$365.7B	$366.8B	$370.8B
Interest-bearing deposits	$1.1T	$1.1T	$1.0T	$969.9B
Total deposits	$1.5T	$1.5T	$1.4T	$1.3T
Federal funds purchased and securities loaned or sold under repurchase agreements	$251.8B	$234.4B	—	—
Short-term borrowings	$25.2B	$32.3B	$230.6B	$188.0B
Trading liabilities	$56.6B	$53.6B	—	—
Accrued expenses and other liabilities	$82.7B	$66.3B	$92.6B	$80.8B
Long-term debt	$182.1B	$183.9B	$177.8B	$176.2B
Total liabilities	$2.1T	$2.0T	$1.9T	$1.8T
Preferred stock	$15.3B	$15.3B	$16.6B	$16.6B
Common stock	$9.1B	$9.1B	$9.1B	$9.1B
Additional paid-in capital	$61.2B	$60.9B	$61.0B	$60.7B
Retained earnings	$237.2B	$232.5B	$225.2B	$221.3B
Accumulated other comprehensive income (loss)	($8.3B)	($7.9B)	($7.6B)	($9.4B)
Treasury stock, at cost	($134.4B)	($131.5B)	($123.1B)	($117.2B)
Total Wells Fargo stockholders’ equity	$180.2B	$178.4B	$181.2B	$181.1B
Noncontrolling interests	$2.1B	$1.9B	$1.9B	$1.8B
Total equity	$182.3B	$180.3B	$183.0B	$183.0B
Total liabilities and equity	$2.3T	$2.2T	$2.1T	$2.0T

Cash flow statement

WELLS FARGO & COMPANY/MN cash flow statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net income (loss) before noncontrolling interests	$21.4B	$20.0B	$19.0B	$12.9B
Provision for credit losses	$3.7B	$4.3B	$5.4B	$1.5B
Changes in fair value of MSRs and LHFS carried at fair value	$387.0M	$265.0M	$851.0M	($1.3B)
Depreciation, amortization and accretion	$7.7B	$7.6B	$6.3B	$6.8B
Deferred income tax benefit	($1.9B)	($911.0M)	($50.0M)	$1.1B
Other, net	$6.2B	($1.7B)	$7.1B	($14.5B)
Originations and purchases of loans held for sale	($48.2B)	($38.0B)	($30.4B)	($74.9B)
Proceeds from sales of and paydowns on loans originally classified as held for sale	$43.7B	$31.8B	$26.8B	$65.4B
Trading assets and liabilities	($53.0B)	($20.5B)	$3.3B	$31.6B
Other assets	($4.1B)	$3.2B	($6.8B)	($9.1B)
Other accrued expenses and liabilities	$5.1B	$822.0M	$4.6B	($231.0M)
Net cash provided (used) by operating activities	($19.0B)	$3.0B	$40.4B	$27.0B
Federal funds sold and securities borrowed or purchased under resale agreements	($88.6B)	—	—	—
Proceeds from sales	$7.2B	$27.9B	$14.7B	$16.9B
Paydowns and maturities	$20.8B	$34.3B	$14.9B	$19.8B
Purchases	($72.1B)	($95.5B)	($26.1B)	($40.1B)
Paydowns and maturities	$27.1B	$27.9B	$18.4B	$27.7B
Purchases	$0	$0	($4.2B)	($2.4B)
Proceeds from sales and capital returns	$4.6B	$3.8B	$2.2B	$4.3B
Purchases	($9.4B)	($8.4B)	($5.8B)	($7.0B)
Loans originated, net of principal collected	($80.7B)	$18.7B	—	—
Proceeds from sales of loans originally classified as held for investment	$3.7B	$3.6B	$4.3B	$12.4B
Purchases of loans	($1.7B)	($843.0M)	($1.6B)	($741.0M)
Other, net	$1.3B	($193.0M)	$391.0M	$805.0M
Net cash provided (used) by investing activities	($187.9B)	($15.7B)	$16.0B	($42.5B)
Deposits	$54.5B	$13.6B	($25.8B)	($98.5B)
Federal funds purchased and securities loaned or sold under repurchase agreements	$137.5B	—	—	—
Short-term borrowings	$15.6B	$18.7B	$38.4B	$16.6B
Proceeds from issuance	$31.3B	$29.0B	$49.1B	$53.7B
Repayment	($34.5B)	($55.6B)	($22.9B)	($19.6B)
Proceeds from issuance	$0	$2.0B	$1.7B	$0
Redeemed	($2.0B)	($2.8B)	($1.7B)	$0
Cash dividends paid	($1.1B)	($1.1B)	($1.1B)	($1.1B)
Repurchased	($17.5B)	($19.4B)	($11.9B)	($6.0B)
Cash dividends paid	($5.4B)	($5.1B)	($4.8B)	($4.2B)
Other, net	($861.0M)	($784.0M)	($509.0M)	($539.0M)
Net cash provided (used) by financing activities	$177.6B	($21.5B)	$20.5B	($59.6B)
Net change in cash, cash equivalents, and restricted cash	($29.3B)	($34.1B)	$76.9B	($75.1B)
Cash, cash equivalents, and restricted cash at beginning of period	$201.9B	$236.1B	$159.2B	$234.2B
Cash, cash equivalents, and restricted cash at end of period	$172.6B	$201.9B	$236.1B	$159.2B
Cash paid for interest	$39.8B	$43.6B	$30.4B	$8.3B
Transfers from available-for-sale debt securities to held-to-maturity debt securities	$0	$0	—	—
Transfers from held-to-maturity debt securities to available-for-sale debt securities	$0	$0	—	—
Reclassification of long-term debt to accrued expenses and other liabilities	$0	$4.9B	—	—

WELLS FARGO & COMPANY/MN cash flow statement, quarters

Line item	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD	Jun 30, 2025 · YTD
Net income (loss) before noncontrolling interests	$11.9B	$5.3B	$15.9B	$10.3B
Provision for credit losses	$2.0B	$1.1B	$2.6B	$1.9B
Changes in fair value of MSRs and LHFS carried at fair value	$190.0M	$159.0M	$350.0M	$315.0M
Depreciation, amortization and accretion	$3.7B	$1.8B	$5.6B	$3.8B
Deferred income tax benefit	($1.7B)	($843.0M)	($1.6B)	($1.2B)
Other, net	$2.0M	$299.0M	$6.4B	$6.0B
Originations and purchases of loans held for sale	($17.9B)	($8.0B)	($35.2B)	($19.6B)
Proceeds from sales of and paydowns on loans originally classified as held for sale	$17.5B	$6.0B	$28.0B	$16.3B
Trading assets and liabilities	($4.0B)	$14.4B	($44.4B)	($13.6B)
Other assets	($8.0B)	($9.0B)	($7.5B)	($21.3B)
Other accrued expenses and liabilities	$12.2B	($2.2B)	$12.1B	$1.2B
Net cash provided (used) by operating activities	$15.9B	$9.1B	($23.1B)	($22.3B)
Federal funds sold and securities borrowed or purchased under resale agreements	($11.4B)	($21.7B)	—	—
Proceeds from sales	$12.0B	$8.6B	$4.4B	$2.5B
Paydowns and maturities	$13.4B	$7.2B	$15.8B	$10.0B
Purchases	($64.4B)	($26.2B)	($57.9B)	($32.6B)
Paydowns and maturities	$9.5B	$4.0B	$20.8B	$13.5B
Proceeds from sales and capital returns	$2.4B	$1.1B	$3.4B	$2.6B
Purchases	($4.0B)	($2.3B)	($5.9B)	($3.2B)
Loans originated, net of principal collected	($52.0B)	($32.3B)	($35.6B)	($14.9B)
Proceeds from sales of loans originally classified as held for investment	$4.7B	$1.1B	$2.5B	$1.8B
Purchases of loans	($639.0M)	($519.0M)	($980.0M)	($588.0M)
Other, net	$5.0B	$5.4B	$492.0M	$972.0M
Net cash provided (used) by investing activities	($85.4B)	($55.6B)	($102.3B)	($19.5B)
Deposits	$75.2B	$28.7B	($4.4B)	($31.1B)
Federal funds purchased and securities loaned or sold under repurchase agreements	$19.1B	$1.7B	—	—
Short-term borrowings	$6.8B	$14.0B	$121.8B	$79.2B
Proceeds from issuance	$23.0B	$11.7B	$30.1B	$19.4B
Repayment	($13.3B)	($1.3B)	($31.3B)	($21.9B)
Proceeds from issuance	$2.2B	$2.2B	$0	—
Redeemed	($3.5B)	($3.5B)	($2.0B)	($2.0B)
Cash dividends paid	($495.0M)	($248.0M)	($802.0M)	($554.0M)
Repurchased	($7.0B)	($4.0B)	($12.5B)	($6.5B)
Cash dividends paid	($2.8B)	($1.4B)	($4.0B)	($2.6B)
Other, net	($893.0M)	($704.0M)	($810.0M)	($882.0M)
Net cash provided (used) by financing activities	$98.4B	$47.1B	$96.1B	$32.9B
Net change in cash, cash equivalents, and restricted cash	$28.9B	$680.0M	($29.4B)	($8.8B)
Cash, cash equivalents, and restricted cash at beginning of period	$172.6B	$172.6B	$201.9B	$201.9B
Cash, cash equivalents, and restricted cash at end of period	$201.5B	$173.3B	$172.5B	$193.1B
Cash paid for interest	$20.6B	$9.7B	$29.7B	$19.7B

WELLS FARGO & COMPANY/MN score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.