Wells Fargo Earnings Reports

Wells Fargo delivered a strong Q1 2025, with $4.9B in net income and $1.39 in EPS. Fee-based revenue grew across core segments, costs declined year-over-year, and the bank returned $3.5B to shareholders through buybacks. Adjusted EPS was $1.27 after excluding tax benefits and gains from asset sales.

Wells Fargo reported a Q4 2024 net income of $5.1 billion, or $1.43 per diluted share. The company saw improvements in its earnings profile, benefited from strategic investments, maintained a strong balance sheet, and returned approximately $25 billion of capital to shareholders.

Wells Fargo reported solid results for Q3 2024, with net income reaching $5.1 billion, or $1.42 per diluted share. The company saw growth in fee-based revenue and maintained strong credit discipline while investing in risk and control environment. Strategic investments and efficiency initiatives are beginning to impact business metrics and financial results.

Wells Fargo reported a second quarter net income of $4.9 billion, or $1.33 per diluted share. The company saw growth in fee-based revenue offsetting a decline in net interest income. Strong performance was noted in investment advisory, trading, and investment banking fees.

Wells Fargo reported a net income of $4.6 billion, or $1.20 per diluted share, for the first quarter of 2024. The company saw an increase in noninterest income which offset a decline in net interest income. They also repurchased $6.1 billion of common stock while maintaining a strong capital position.

Wells Fargo reported a net income of $3.4 billion, or $0.86 per diluted share, for the fourth quarter of 2023. The results reflect an improved economic environment and higher interest rates, with a focus on efficiency and credit discipline.

Wells Fargo reported a net income of $5.8 billion, or $1.48 per diluted share, for Q3 2023. Revenue grew to $20.9 billion, driven by higher net interest income and noninterest income. Expenses decreased due to lower operating losses. The company repurchased 33.8 million shares of common stock for $1.5 billion.

Wells Fargo reported a strong second quarter with a net income of $4.9 billion and revenue of $20.5 billion. The company benefited from higher interest rates and focused on expense control. Net loan charge-offs increased, particularly in commercial real estate. The CET1 ratio was 10.7%, and $4 billion of common stock was repurchased.

Wells Fargo reported a net income of $5.0 billion, or $1.23 per diluted share, for the first quarter of 2023. The company saw revenue growth compared to both the previous quarter and the same period last year, and continued to advance its efficiency plans. The CET1 ratio increased, and the company resumed its share repurchase program, buying back $4 billion in common stock.

Wells Fargo reported a fourth-quarter net income of $2.9 billion, with diluted earnings per share (EPS) of $0.67. The results were impacted by $3.3 billion in operating losses related to historical matters and other expenses, but were offset by strong net interest income growth.

Wells Fargo reported a decrease in net income for Q3 2022, impacted by operating losses related to litigation, customer remediation, and regulatory matters. However, the company saw revenue growth driven by rising interest rates and improved operating efficiencies.

Wells Fargo reported a decline in net income for Q2 2022, with $3.1 billion, or $0.74 per diluted share. The results reflected improving earnings capacity with expenses declining and rising interest rates driving strong net interest income growth. Loan balances increased with growth in both consumer and commercial loans. Credit quality remained strong, and efficiency initiatives were executed.