Stock research

Wells Fargo & Company (WFC) Stock Research

Wells Fargo is a major US bank focused on consumer lending, commercial banking, and mortgages.

For the fiscal year ended December 31, 2025, Wells Fargo & Company reported revenue of $83.7B and net income of $21.3B, with operating cash flow of −$19.0B. Source: Form 10-K filed February 24, 2026

SEC data as of

Revenue
$83.7B
FY ending 2025-12-31
Net income
$21.3B
FY ending 2025-12-31
Diluted EPS
$6.26
Net margin
25.5%

Reported SEC XBRL figures. Each metric’s period and original filing are listed below.

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About Wells Fargo

Much of its recent story has centered on operating under and working to exit regulatory restrictions.

Exchange
NYSE: WFC
Sector
Financials
SEC industry
National Commercial Banks (SIC 6021)
Fiscal year end
December 31
Headquarters
San Francisco, California
Founded
1852

WFC key financials

Reported figures from Wells Fargo & Company's filings, pulled directly from SEC XBRL data rather than a third-party terminal. Each row links to the filing it came from.

MetricValuePeriodSource
Revenue$83.7B2025-01-01 – 2025-12-31SEC filing
Net income$21.3B2025-01-01 – 2025-12-31SEC filing
Operating cash flow−$19.0B2025-01-01 – 2025-12-31SEC filing
Diluted EPS$6.262025-01-01 – 2025-12-31SEC filing
Net margin25.5%2025-01-01 – 2025-12-31SEC filing
Shares outstanding3.09BAs of 2026-02-13SEC filing

Values are as tagged by the issuer in XBRL. Revenue for banks and insurers is net of interest expense where that is the reported line. Fiscal years that do not follow the calendar are shown by their period-end date. No price, market cap, or valuation multiple is shown because Yield Theory does not republish unlicensed market data.

Diluted EPS is the earnings figure behind the price-to-earnings ratio; the P/E multiple compression calculator shows how a change in that multiple moves a share price. Shares outstanding multiplied by the share price gives market capitalization.

What investors should watch in WFC

Wells Fargo & Company sits in Financials. Banks, insurers, asset managers, and exchanges — the plumbing of capital markets, geared directly to interest rates and credit. We have not yet written company-specific drivers for WFC; the forces that matter most for the sector are:

  • ◆The shape of the yield curve and net interest margins
  • ◆Credit quality and loan-loss provisions
  • ◆Regulation and capital requirements
  • ◆Deal activity and market volatility

Key questions for the WFC thesis

Each question starts with what the filings show, then why it matters. None of these is a rating or a forecast.

Does WFC's reported profit turn into cash?

Operating cash flow was −$19.0B, -0.89 times net income of $21.3B, for the fiscal year ended December 31, 2025.

Cash from operations trailed reported earnings. Working-capital build (receivables, inventory, prepayments) or non-cash gains are the usual reasons; check the cash-flow statement before relying on reported profit.

Form 10-K filed February 24, 2026

How much of WFC's revenue is left as profit?

Net income was 25.5% of revenue for the fiscal year ended December 31, 2025, based on revenue and net income reported for the same period.

Net margin reflects the business model as much as execution, so compare it with companies in the same SEC industry and read the income statement for one-time items before treating it as a run rate.

Form 10-K filed February 24, 2026

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Congressional trading in WFC

PoliticianTrade dateTypeOwnerAmountSource
Mitch McConnell2026-09-01PurchaseSpouse$15,001 - $50,000Filing #028aef33-dc0d-44a1-992f-aa35ee42685b
Mitch McConnell2026-06-01PurchaseSpouse$1,001 - $15,000Filing #36b2e868-6789-43e3-91eb-ebe85aad5699
Lloyd Smucker2026-04-23SaleSelf$15,001 - $50,000Filing #20019182
Alan Armstrong2026-03-27PurchaseSelf$1,001 - $15,000Filing #fda235b3-bad7-4637-8fa1-053f354d929c
Gilbert Cisneros2026-03-13SaleSelf$1,001 - $15,000Filing #20034285
Mitch McConnell2026-03-01PurchaseSpouse$1,001 - $15,000Filing #8ee57a8c-076d-4e8b-bf04-061edaf0724e
Julie Johnson2025-12-18SaleJoint$1,001 - $15,000Filing #20033789
John Boozman2025-12-17PurchaseJoint$1,001 - $15,000Filing #0677bd3f-167e-4cae-8f1d-05eb4340fcdc
Mitch McConnell2025-12-01PurchaseSpouse$1,001 - $15,000Filing #30986bcb-c94b-406a-8c4c-2927590e1d22
Gilbert Cisneros2025-11-18PurchaseSelf$1,001 - $15,000Filing #20033619

All verified WFC congressional disclosures

Congressional disclosures are delayed, range-based records—not real-time signals or proof of motive. See the source-linked tracker for scope and limitations.

WFC — frequently asked questions

What does Wells Fargo & Company do?

Wells Fargo is a major US bank focused on consumer lending, commercial banking, and mortgages.

What were WFC's latest reported annual revenue and net income?

For the fiscal year ended December 31, 2025, Wells Fargo & Company reported revenue of $83.7B and net income of $21.3B, with operating cash flow of −$19.0B. The figures come from Wells Fargo & Company's SEC XBRL filings.

When does Wells Fargo & Company's fiscal year end?

The SEC lists Wells Fargo & Company's fiscal year end as December 31.

Do members of Congress trade WFC?

The current verified House and Senate snapshot contains 27 transaction rows for WFC, each linked to the original filing.

Where is Wells Fargo & Company headquartered?

Wells Fargo & Company is headquartered in San Francisco, California and was founded in 1852.

Is WFC a good investment?

This page does not rate WFC as a buy or sell. It sets out what Wells Fargo & Company reports, what investors should watch and the questions a thesis has to answer, with links to the SEC filings. It is research, not investment advice.

This page is independent research and educational information, not investment advice or a recommendation to buy or sell any security. Company facts are compiled from public sources. Do your own research.

What do the WFC numbers leave unanswered?

Financials describe the business. The next question is which assumptions an investment thesis depends on. Explore the member reports below for analysis of catalysts, risks, and what would change the view. $39/month or $249/year.

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