Stocks · Financials · National Commercial Banks

Wells Fargo

WFC Clue Score37
United States Fiscal year ends December CIK 0000072971
$83.55 +1.85% Close, 9 Oct 2026
Price $83.55 +76.71% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2016Revenue88.27Net income21.94EPS, diluted3.99Fiscal year 2017Revenue88.39 +0.1%Net income22.18 +1.1%EPS, diluted4.10 +2.8%Fiscal year 2018Revenue86.41 −2.2%Net income22.39 +0.9%EPS, diluted4.28 +4.4%Fiscal year 2019Revenue85.06 −1.6%Net income19.72 −12.0%EPS, diluted4.09 −4.4%Fiscal year 2020Net income3.38 −82.9%EPS, diluted0.43 −89.5%Fiscal year 2021Net income22.11 +554.7%EPS, diluted5.08 +1,081.4%Fiscal year 2022Net income13.68 −38.1%EPS, diluted3.27 −35.6%Fiscal year 2023Net income19.14 +40.0%EPS, diluted4.83 +47.7%Fiscal year 2024Net income19.72 +3.0%EPS, diluted5.37 +11.2%Fiscal year 2025Net income21.34 +8.2%EPS, diluted6.26 +16.6%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 88.27 88.39 86.41 85.06 n/a n/a n/a n/a n/a n/a
Growth +0.1% −2.2% −1.6%
Net income 21.94 22.18 22.39 19.72 3.38 22.11 13.68 19.14 19.72 21.34
Growth +1.1% +0.9% −12.0% −82.9% +554.7% −38.1% +40.0% +3.0% +8.2%
EPS, diluted 3.99 4.10 4.28 4.09 0.43 5.08 3.27 4.83 5.37 6.26
Growth +2.8% +4.4% −4.4% −89.5% +1,081.4% −35.6% +47.7% +11.2% +16.6%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2016Net margin24.9%Fiscal year 2017Net margin25.1%Fiscal year 2018Net margin25.9%Fiscal year 2019Net margin23.2%Fiscal year 2020Fiscal year 2021Fiscal year 2022Fiscal year 2023Fiscal year 2024Fiscal year 2025
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net margin 24.9% 25.1% 25.9% 23.2% n/a n/a n/a n/a n/a n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2016Operating cash flow1.01Buybacks−8.12Dividends paid−7.47Fiscal year 2017Operating cash flow18.62Buybacks−9.91Dividends paid−7.48Fiscal year 2018Operating cash flow36.07Buybacks−20.63Dividends paid−7.69Fiscal year 2019Operating cash flow6.73Buybacks−24.53Dividends paid−8.20Fiscal year 2020Operating cash flow2.05Buybacks−3.42Dividends paid−4.85Fiscal year 2021Operating cash flow−11.53Buybacks−14.46Dividends paid−2.42Fiscal year 2022Operating cash flow27.05Buybacks−6.03Dividends paid−4.18Fiscal year 2023Operating cash flow40.36Buybacks−11.85Dividends paid−4.79Fiscal year 2024Operating cash flow3.04Buybacks−19.45Dividends paid−5.13Fiscal year 2025Operating cash flow−19.00Buybacks−17.52Dividends paid−5.43
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 1.01 18.62 36.07 6.73 2.05 −11.53 27.05 40.36 3.04 −19.00
Buybacks −8.12 −9.91 −20.63 −24.53 −3.42 −14.46 −6.03 −11.85 −19.45 −17.52
Dividends paid −7.47 −7.48 −7.69 −8.20 −4.85 −2.42 −4.18 −4.79 −5.13 −5.43

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash221.40Total debt255.08Net cash (debt)−33.68Shareholders’ equity199.58Debt to equity1.28Fiscal year 2017Cash215.95Total debt225.02Net cash (debt)−9.07Shareholders’ equity206.94Debt to equity1.09Fiscal year 2018Cash173.29Total debt229.04Net cash (debt)−55.76Shareholders’ equity196.17Debt to equity1.17Fiscal year 2019Cash141.25Total debt228.19Net cash (debt)−86.94Shareholders’ equity187.15Debt to equity1.22Fiscal year 2020Cash264.61Total debt212.95Net cash (debt)51.66Shareholders’ equity184.68Debt to equity1.15Fiscal year 2021Cash234.23Total debt160.69Net cash (debt)73.54Shareholders’ equity187.61Debt to equity0.86Fiscal year 2022Cash159.16Total debt174.87Net cash (debt)−15.71Shareholders’ equity180.23Debt to equity0.97Fiscal year 2023Cash236.05Total debt207.59Net cash (debt)28.46Shareholders’ equity185.74Debt to equity1.12Fiscal year 2024Cash201.90Total debt173.08Net cash (debt)28.82Shareholders’ equity179.12Debt to equity0.97Fiscal year 2025Cash172.59Total debt174.71Net cash (debt)−2.12Shareholders’ equity181.12Debt to equity0.96
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 221.40 215.95 173.29 141.25 264.61 234.23 159.16 236.05 201.90 172.59
Total debt 255.08 225.02 229.04 228.19 212.95 160.69 174.87 207.59 173.08 174.71
Net cash (debt) −33.68 −9.07 −55.76 −86.94 51.66 73.54 −15.71 28.46 28.82 −2.12
Shareholders’ equity 199.58 206.94 196.17 187.15 184.68 187.61 180.23 185.74 179.12 181.12
Debt to equity 1.28 1.09 1.17 1.22 1.15 0.86 0.97 1.12 0.97 0.96

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
88.27 88.39 86.41 85.06 n/a n/a n/a n/a n/a n/a
Growth +0.1% −2.2% −1.6%
32.12 27.38 28.54 25.97 2.51 29.56 15.63 21.64 23.36 25.20
10.08 4.92 5.66 5.76 −1.16 5.76 2.25 2.61 3.40 3.84
21.94 22.18 22.39 19.72 3.38 22.11 13.68 19.14 19.72 21.34
Growth +1.1% +0.9% −12.0% −82.9% +554.7% −38.1% +40.0% +3.0% +8.2%
Per share
4.03 4.14 4.31 4.12 0.43 5.13 3.30 4.88 5.43 6.34
3.99 4.10 4.28 4.09 0.43 5.08 3.27 4.83 5.37 6.26
Growth +2.8% +4.4% −4.4% −89.5% +1,081.4% −35.6% +47.7% +11.2% +16.6%
5,053 4,965 4,800 4,393 4,118 4,062 3,805 3,688 3,426 3,202
5,108 5,017 4,838 4,425 4,134 4,096 3,837 3,720 3,468 3,242
Growth −1.8% −3.6% −8.5% −6.6% −0.9% −6.3% −3.0% −6.8% −6.5%

Five years in brief

Worked out from the figures above, not from a press release
  • The diluted share count fell 21.6% in five years, so buybacks did some of the work per share.
  • Profitable in every one of the 10 years on file.