← 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
Total Revenue $1.3b $88.4b $86.4b $85.1b $39.8b $35.8b $45.0b $52.4b $47.7b $47.5b
Additional Financial Items
Interest income:
Advertising and promotion — — $857.0m $1.1b $600.0m $600.0m $505.0m $812.0m $869.0m $1.1b
Amortization of Intangible Assets $1.2b $1.2b $1.1b $108.0m $403.0m $305.0m $306.0m — — —
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
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
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
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 — — — — — —
Income (Loss) from Continuing Operations before Income Taxes, Domestic — — — — — — — — — $23.6b
Insurance Services Revenue $1.3b $1.0b $429.0m $378.0m — — — — — —
Interest Income, Debt Securities, Operating — — $14.4b $15.0b $11.2b $9.3b $11.8b $16.1b $18.0b —
Interest Income, Other $1.6b $3.1b $4.4b $5.1b $954.0m $334.0m $3.3b $10.8b $13.7b $1.1b
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
Net interest income $47.8b $49.6b $50.0b $47.2b $39.8b $35.8b $45.0b $52.4b $47.7b $47.5b
Occupancy $2.9b $2.8b $2.9b $2.9b $3.3b $3.0b $2.9b $2.9b $3.1b $3.2b
Operating Lease, Lease Income — — — — — — — — — $917.0m
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
Other interest 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
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
Preferred stock dividends and other $2k $2k $2k $2k $2k $1k $1k $1k $1k $1k
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 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
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
Total interest income $53.7b $58.9b $64.6b $66.1b $47.8b $39.7b $54.0b $85.1b $90.8b $87.3b
Total noninterest income $40.5b $38.8b $36.4b $37.8b $32.5b $42.7b $28.8b $30.2b $34.6b $36.2b
Wells Fargo net income (loss) $21.9b $22.2b $22.4b $19.5b $3.3b $21.5b $13.2b $19.1b $19.7b $21.3b
Net Income (Loss) Attributable to Parent $21.9b $22.2b $22.4b $19.5b $3.3b $21.5b $13.2b $19.1b $19.7b $21.3b
Net Income (Loss) Available to Common Stockholders, Basic $20.4b $20.6b $20.7b $17.9b $1.7b $20.3b $12.1b $18.0b $18.6b $20.3b
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
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
Net income (loss) from noncontrolling interests $107.0m $277.0m $483.0m $492.0m $285.0m $1.7b ($300.0m) ($113.0m) $243.0m $20.0m
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
Earnings Per Share, Basic $4.03 $4.14 $4.31 $4.08 $0.42 $4.99 $3.17 $4.88 $5.43 $6.34
Earnings Per Share, Diluted $3.99 $4.10 $4.28 $4.05 $0.41 $4.95 $3.14 $4.83 $5.37 $6.26
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
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
Noninterest expense:
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
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 —
Income (loss) before income tax expense $32.1b $27.4b $28.5b $24.2b $581.0m $28.8b $15.0b $21.6b $23.4b $25.2b
Interest Expense $5.9b $9.4b $14.7b $18.9b $8.0b $3.9b $9.1b $32.7b $43.1b $39.8b
Labor and Related Expense — — — — — — — — — $36.3b
Marketing and Advertising Expense — — $857.0m $1.1b $600.0m $600.0m $505.0m $812.0m $869.0m $1.1b
Other Expenses — — — $3.8b — — — — — —
Other interest expense $354.0m $424.0m $610.0m $551.0m $438.0m $395.0m $638.0m $820.0m $1.0b $1.2b
Income Tax Expense (Benefit) $10.1b $4.9b $5.7b $4.2b ($3.0b) $5.6b $2.1b $2.6b $3.4b $3.8b
Interest Income (Expense), Net $47.8b $49.6b $50.0b $47.2b $39.8b $35.8b $45.0b $52.4b $47.7b $47.5b
Total interest expense $5.9b $9.4b $14.7b $18.9b $8.0b $3.9b $9.1b $32.7b $43.1b $39.8b
Total noninterest expense $52.4b $58.5b $56.1b $58.2b $57.6b $53.8b $57.3b $55.6b $54.6b $54.8b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

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