Wells Fargo & Company (WFC) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	129.1B	123.5B	125.4B	115.3B	83.4B
Cost of Revenue	45.8B	43.5B	47.4B	38.1B	10.6B
Gross Profit	83.3B	80.0B	78.0B	77.2B	72.8B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	34.8B	40.5B	37.2B	37.3B	35.6B
General & Admin Expense	33.4B	39.4B	36.4B	36.5B	35.1B
Selling & Marketing Expense	1.4B	1.1B	869.0M	812.0M	505.0M
Other Expenses	21.1B	14.3B	17.4B	18.2B	21.6B
Total Operating Expenses	55.9B	54.8B	54.6B	55.6B	57.2B
Cost and Expenses	101.8B	98.3B	102.0B	93.7B	67.8B
Operating Income (EBIT)	27.3B	25.2B	23.4B	21.6B	15.6B
Non-Operating
Interest Income	90.8B	87.3B	90.8B	85.1B	54.0B
Interest Expense	42.1B	39.8B	43.1B	32.7B	9.1B
Net Interest Income	48.7B	47.5B	47.7B	52.4B	45.0B
Other Non-Op Income/Expense	130.0M	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	27.5B	25.2B	23.4B	21.6B	15.6B
Income Tax Expense	4.5B	3.8B	3.4B	2.6B	2.3B
Bottom Line
Net Income	22.6B	21.3B	19.7B	19.1B	13.7B
Earnings from Cont. Ops	22.9B	21.4B	20.0B	19.0B	13.4B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	22.2B	20.5B	18.6B	18.0B	12.6B
Per Share
Basic EPS	$7.01	$6.39	$5.43	$4.88	$3.17
Diluted EPS	$6.93	$6.32	$5.37	$4.83	$3.14
Revenue Per Share	$42.34	$38.86	$36.60	$31.27	$21.93
Shares
Basic Shares Outstanding	3.0B	3.2B	3.4B	3.7B	3.8B
Diluted Shares Outstanding	3.1B	3.2B	3.5B	3.7B	3.8B
Profitability Metrics
EBITDA	33.1B	29.3B	30.9B	27.9B	22.5B
D&A	5.8B	4.1B	7.6B	6.3B	6.8B
EBIT	27.3B	25.2B	23.4B	21.6B	15.6B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026