WELLS FARGO & COMPANY/MN (WFC) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	130.5B	123.5B	125.4B	115.3B	83.4B
Cost of Revenue	47.1B	43.5B	47.4B	38.1B	10.6B
Gross Profit	83.4B	80.0B	78.0B	77.2B	72.8B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	36.7B	40.5B	37.2B	37.3B	35.6B
General & Admin Expense	35.3B	39.4B	36.4B	36.5B	35.1B
Selling & Marketing Expense	1.4B	1.1B	869.0M	812.0M	505.0M
Other Expenses	19.1B	14.3B	17.4B	18.2B	21.6B
Total Operating Expenses	55.8B	54.8B	54.6B	55.6B	57.2B
Cost and Expenses	102.9B	98.3B	102.0B	93.7B	67.8B
Operating Income (EBIT)	27.5B	25.2B	23.4B	21.6B	15.6B
Non-Operating
Interest Income	92.2B	87.3B	90.8B	85.1B	54.0B
Interest Expense	43.0B	39.8B	43.1B	32.7B	9.1B
Net Interest Income	49.3B	47.5B	47.7B	52.4B	45.0B
Other Non-Op Income/Expense	130.0M	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	27.7B	25.2B	23.4B	21.6B	15.6B
Income Tax Expense	4.4B	3.8B	3.4B	2.6B	2.3B
Bottom Line
Net Income	23.0B	21.3B	19.7B	19.1B	13.7B
Earnings from Cont. Ops	23.3B	21.4B	20.0B	19.0B	13.4B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	22.5B	20.5B	18.6B	18.0B	12.6B
Per Share
Basic EPS	$7.22	$6.39	$5.43	$4.88	$3.17
Diluted EPS	$7.14	$6.32	$5.37	$4.83	$3.14
Revenue Per Share	$43.26	$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	33.4B	32.9B	30.9B	27.9B	22.5B
D&A	5.8B	7.7B	7.6B	6.3B	6.8B
EBIT	27.5B	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 Sep 1, 2026