Wells Fargo income statement
In fiscal 2025, Wells Fargo reported revenue of $83.70bn, up 1.7% on the year before and net income of $21.34bn, or $6.26 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 88.7 | 85.2 | 80.9 | 86.1 | 83.8 | 84.3 | 86.1 | 88.3 | 88.4 | 86.4 | 85.1 | 74.3 | 79.2 | 74.4 | 82.6 | 82.3 | 83.7 | 87.2 |
| Interest expense | 10.0 | 8.0 | 6.6 | 5.2 | 4.3 | 4.0 | 4.0 | 5.9 | 9.4 | 14.7 | 18.9 | 8.0 | 3.9 | 9.1 | 32.7 | — | — | — |
| Net interest income | 46.3 | 44.8 | 42.8 | 43.2 | 42.8 | 43.5 | 45.3 | 47.8 | 49.6 | 50.0 | 47.3 | 40.0 | 35.8 | 45.0 | 52.4 | 47.7 | 47.5 | 49.3 |
| Non-interest income | 42.4 | 40.5 | 38.2 | 42.9 | 41.0 | 40.8 | 40.8 | 40.5 | 38.8 | 36.4 | 39.5 | 34.3 | 43.4 | 29.4 | 30.2 | 34.6 | 36.2 | 38.0 |
| Non-interest expense | 49.0 | 50.5 | 49.4 | 50.4 | 48.8 | 49.0 | 50.0 | 52.4 | 58.5 | 56.1 | 58.2 | 57.6 | 53.8 | 57.2 | 55.6 | 54.6 | 54.8 | 55.5 |
| Provision for credit losses | 21.7 | 15.8 | 7.9 | 7.2 | 2.3 | 1.4 | 2.4 | 3.8 | 2.5 | 1.7 | 2.7 | 14.1 | −4.2 | 1.5 | 5.4 | 4.3 | 3.7 | 4.1 |
| Income before tax | 18.0 | 19.0 | 23.7 | 28.5 | 32.6 | 33.9 | 33.6 | 32.1 | 27.4 | 28.5 | 26.0 | 2.5 | 29.6 | 15.6 | 21.6 | 23.4 | 25.2 | 27.7 |
| Income tax | 5.3 | 6.3 | 7.4 | 9.1 | 10.4 | 10.3 | 10.4 | 10.1 | 4.9 | 5.7 | 5.8 | −1.2 | 5.8 | 2.3 | 2.6 | 3.4 | 3.8 | 4.4 |
| Net income | 12.3 | 12.4 | 15.9 | 18.9 | 21.9 | 23.1 | 22.9 | 21.9 | 22.2 | 22.4 | 19.7 | 3.4 | 22.1 | 13.7 | 19.1 | 19.7 | 21.3 | 23.0 |
| Diluted EPS | $1.75 | $2.21 | $2.82 | $3.36 | $3.89 | $4.10 | $4.12 | $3.99 | $4.10 | $4.28 | $4.09 | $0.43 | $5.08 | $3.27 | $4.83 | $5.37 | $6.26 | $7.41 |
| Diluted shares (average) | 4,563m | 5,263m | 5,323m | 5,352m | 5,371m | 5,324m | 5,210m | 5,108m | 5,017m | 4,838m | 4,425m | 4,134m | 4,096m | 3,837m | 3,720m | 3,468m | 3,242m | 3,100m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20.4 | 20.1 | 20.8 | 21.4 | 21.3 | 21.4 | 22.6 | 21.9 |
| Net interest income | 11.8 | 11.5 | 11.7 | 12.0 | 12.3 | 12.1 | 12.3 | 12.5 |
| Non-interest income | 8.5 | 8.7 | 9.1 | 9.5 | 9.0 | 9.4 | 10.3 | 9.4 |
| Non-interest expense | 13.9 | 13.9 | 13.4 | 13.8 | 13.7 | 14.3 | 13.7 | 13.7 |
| Provision for credit losses | 1.1 | 0.9 | 1.0 | 0.7 | 1.0 | 1.1 | 0.9 | 1.0 |
| Income before tax | 5.4 | 5.3 | 6.4 | 6.9 | 6.5 | 6.0 | 8.0 | 7.1 |
| Income tax | 0.1 | 0.5 | 0.9 | 1.3 | 1.1 | 0.7 | 1.4 | 1.2 |
| Net income | 5.1 | 4.9 | 5.5 | 5.6 | 5.4 | 5.3 | 6.4 | 6.0 |
| Diluted EPS | $1.43 | $1.39 | $1.60 | $1.66 | $1.62 | $1.60 | $2.00 | $1.87 |
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