Wells Fargo & Company (WFC) Financial Statements

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Wells Fargo & Company financial statements at a glance

Wells Fargo & Company reported revenue of $83.70 billion for fiscal year 2025 (ended December 31, 2025), up 1.7% from fiscal year 2024. Net income was $20.29 billion, a net margin of 24.2%.

At the end of fiscal year 2025 it had total assets of $2.15 trillion, total liabilities of $1.97 trillion and shareholders' equity of $181.12 billion, with cash of $174.21 billion and total debt of $193.04 billion.

Its operations brought in -$19.00 billion of cash, leaving free cash flow of -$19.00 billion.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

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Wells Fargo & Company

WFCUnited States
Financial Services
USD (Local)

Income Statement

Annual • USD

Total Revenue
83.70B
Prev Year: 82.30B
YoY: +1.7%
Net Interest Income
47.48B
Prev Year: 47.68B
YoY: -0.4%
Interest Income
87.31B
Prev Year: 90.78B
YoY: -3.8%
Interest Expense
39.83B
Prev Year: 43.10B
YoY: -7.6%
Non Interest Income
-
Prev Year: 34.62B
Fees And Commissions
-
Prev Year: 23.73B
Total Premiums Earned
-
Gain on Sale of Securities
100.00M
Prev Year: 0
Fees and Commission Income
-
Prev Year: 23.73B
Provision for Credit Losses
-
Prev Year: -4.33B
Occupancy And Equipment
8.35B
Prev Year: 7.63B
YoY: +9.4%
Professional and Contract Services Expense
4.54B
Prev Year: 4.61B
YoY: -1.5%
Selling General and Administrative
37.98B
Prev Year: 37.23B
YoY: +2.0%
General and Administrative Expense
36.89B
Prev Year: 36.36B
YoY: +1.4%
Salaries and Wages
36.28B
Prev Year: 35.73B
YoY: +1.5%
Selling and Marketing Expense
1.09B
Prev Year: 869.00M
YoY: +25.9%
Other Noninterest Expense
3.97B
Prev Year: 5.13B
YoY: -22.6%
Pre-tax Income
25.20B
Prev Year: 23.36B
YoY: +7.9%
Non Interest Expense
-
Prev Year: 54.60B
Provision for Income Taxes
3.84B
Prev Year: 3.40B
YoY: +13.0%
Special Income Charges
-
Income from Associates and Other Participating Interests
-
Net Income Common Stockholders
20.29B
Prev Year: 18.61B
YoY: +9.0%
Other Non-operating Income (expense)
-
Net Income
21.34B
Prev Year: 19.72B
YoY: +8.2%
Gain on Sale of Business
-
Net Income Including Non-Controlling Interests
21.36B
Prev Year: 19.96B
YoY: +7.0%
Net Income from Continuing Operations
21.36B
Prev Year: 19.96B
YoY: +7.0%
Preferred Stock Dividends
1.05B
Prev Year: 1.12B
YoY: -5.6%
Diluted NI Available to Com Stockholders
20.29B
Prev Year: 18.61B
YoY: +9.0%
Net Income from Continuing and Discontinued Operation
21.34B
Prev Year: 19.72B
YoY: +8.2%
Normalized Income
21.34B
Prev Year: 19.72B
YoY: +8.2%
Reconciled Depreciation
7.71B
Prev Year: 7.56B
YoY: +2.1%
Interest Income After Provision for Loan Loss
-
Prev Year: 43.34B
Net Income from Continuing Operation Net Minority Interest
21.34B
Prev Year: 19.72B
YoY: +8.2%
Tax Rate for Calcs
0.152
Prev Year: 0
Rent Expense (supplemental)
606.00M
Prev Year: 633.00M
YoY: -4.3%
Noncontrolling Interests
-20.00M
Prev Year: -243.00M
YoY: +91.8%
Rent and Landing Fees
606.00M
Prev Year: 633.00M
YoY: -4.3%
Total Unusual Items Excluding Goodwill
-
Operating Revenue
83.70B
Total Unusual Items
-
Values in USD

Wells Fargo & Company key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$83.7B$82.3B$82.6B$74.4B$79.2B
Net income$20.3B$18.6B$18.0B$12.6B$20.8B
Total assets$2.1T$1.9T$1.9T$1.9T$1.9T
Total liabilities$2.0T$1.7T$1.7T$1.7T$1.8T
Shareholders' equity$181.1B$179.1B$185.7B$180.2B$187.6B
Cash$174.2B$203.4B$237.2B$159.2B$234.2B
Total debt$193.0B$186.6B$219.5B$195.4B$173.9B
Operating cash flow-$19.0B$3.0B$40.4B$27.0B-$11.5B
Free cash flow-$19.0B$3.0B$40.4B$27.0B-$11.5B

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2014.

Questions and answers

What was Wells Fargo & Company's revenue in fiscal year 2025?

$83.70 billion, up 1.7% from $82.30 billion in fiscal year 2024.

How much profit does Wells Fargo & Company make?

Wells Fargo & Company reported net income of $20.29 billion for fiscal year 2025 (24.2% of revenue).

How much cash and debt does Wells Fargo & Company have?

At the end of fiscal year 2025: cash of $174.21 billion and total debt of $193.04 billion.

What is Wells Fargo & Company's free cash flow?

-$19.00 billion in fiscal year 2025 (operating cash flow of -$19.00 billion).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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