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WELLS FARGO & COMPANY MN (WFC)

For the quarter ending 2025-06-30, WFC made $30,434M in revenue. $5,214M in net income. Net profit margin of 17.13%.

Overview

Revenue
$30,434M
Net Income
$5,214M
Net Profit Margin
17.13%
EPS
$1.6
Unit: Million (M) dollars
Revenue Breakdown
    • Loans
    • Debt securities
    • Other interest income
    • Others

Unit: Million (M) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Fee income-Investment Advice696 775 672 641
Fee income-Commissions And Brokerage Service Fees610 638 646 614
Fee income-Investment Advisory Management And Administrative Service2,499 2,536 2,463 2,415
Other895 813 596 612
Mortgage banking230 332 280 243
Net gains (losses) from trading and securities1,389 883 1,248 1,522
Deposit and lending-related fees1,622 1,633 1,675 1,618
Card fees1,173 1,044 1,096 1,101
Total noninterest income9,114 8,654 8,676 8,766
Operating losses311 143 293 493
Professional and outside services1,089 1,038 1,130 1,139
Other951 1,071 920 993
Occupancy766 761 786 763
Advertising and promotion266 181 205 224
Technology, telecommunications and equipment1,287 1,223 1,142 1,106
Personnel8,709 9,474 8,591 8,575
Total noninterest expense13,379 13,891 13,067 13,293
Total interest expense- - - 10,961
Short-term borrowings1,612 1,362 1,435 1,377
Other interest expense330 325 265 271
Long-term debt2,609 2,582 3,163 3,164
Deposits5,061 5,209 6,445 6,149
Total interest expense9,612 9,478 11,308 -
Other interest income2,585 2,645 3,465 3,519
Debt securities4,875 4,707 4,630 4,470
Loans13,573 13,357 14,618 14,566
Loans held for sale137 117 129 133
Equity securities150 147 156 196
Total interest income21,320 20,973 22,998 22,884
Net interest income11,708 11,495 11,690 11,923
Provision for credit losses1,005 932 1,065 1,236
Income (loss) before income tax expense6,438 5,326 6,234 6,160
Income tax expense (benefit)916 522 1,064 1,251
Net income (loss) before noncontrolling interests5,522 4,804 5,170 4,909
Net income (loss) from noncontrolling interests28 -90 56 -1
Wells fargo net income (loss)5,494 4,894 5,114 4,910
Preferred stock dividends and other280 278 262 270
Wells fargo net income (loss) applicable to common stock5,214 4,616 4,852 4,640
Average common shares outstanding (in shares)3,232,700,000 3,280,400,000 3,384,800,000 3,448,300,000
Diluted average common shares outstanding (in shares)3,267,000,000 3,321,600,000 3,425,100,000 3,486,200,000
Diluted earnings per common share (in dollars per share)1.6 1.39 1.42 1.33
Earnings per common share (in dollars per share)1.61 1.41 1.43 1.35
Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement

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Equity securities$150M (-23.47%↓ Y/Y)Loans held for sale$137M (3.01%↑ Y/Y)Loans$13,573M (-6.82%↓ Y/Y)Debt securities$4,875M (9.06%↑ Y/Y)Other interest income$2,585M (-26.54%↓ Y/Y)Total interest income$21,320M (-6.83%↓ Y/Y)Net gains (losses)from trading and...$1,389M (-8.74%↓ Y/Y)Mortgage banking$230M (-5.35%↓ Y/Y)Other$895M (46.24%↑ Y/Y)Feeincome-Investment Advisory...$2,499M (3.48%↑ Y/Y)Feeincome-Commissions And Brokerage...$610M (-0.65%↓ Y/Y)Feeincome-Investment Advice$696M (8.58%↑ Y/Y)Deposit andlending-related fees$1,622M (0.25%↑ Y/Y)Card fees$1,173M (6.54%↑ Y/Y)Net interest income$11,708M (-1.80%↓ Y/Y)Total noninterestincome$9,114M (3.97%↑ Y/Y)Total interestexpense$9,612M Income (loss) beforeincome tax expense$6,438M (4.51%↑ Y/Y)Total noninterestexpense$13,379M (0.65%↑ Y/Y)Provision for creditlosses$1,005M (-18.69%↓ Y/Y)Deposits$5,061M (-17.69%↓ Y/Y)Long-term debt$2,609M (-17.54%↓ Y/Y)Other interestexpense$330M (21.77%↑ Y/Y)Short-term borrowings$1,612M (17.07%↑ Y/Y)Net income (loss)before noncontrolling...$5,522M (12.49%↑ Y/Y)Income tax expense(benefit)$916M (-26.78%↓ Y/Y)Personnel$8,709M (1.56%↑ Y/Y)Technology,telecommunications and equipment$1,287M (16.37%↑ Y/Y)Advertising and promotion$266M (18.75%↑ Y/Y)Occupancy$766M (0.39%↑ Y/Y)Other$951M (-4.23%↓ Y/Y)Professional and outsideservices$1,089M (-4.39%↓ Y/Y)Operating losses$311M (-36.92%↓ Y/Y)Wells fargo net income(loss)$5,494M (11.89%↑ Y/Y)Net income (loss)from noncontrolling...$28M (2900.00%↑ Y/Y)Wells fargo net income(loss) applicable to...$5,214M (12.37%↑ Y/Y)Preferred stock dividendsand other$280M (3.70%↑ Y/Y)