Wells Fargo & Company
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | Q3 16 | Q4 16 | Q1 17 | Q2 17 | Q3 17 | Q4 17 | Q1 18 | Q2 18 | Q3 18 | Q4 18 | Q1 19 | Q2 19 | Q3 19 | Q4 19 | Q1 20 | Q2 20 | Q3 20 | Q4 20 | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||||||||||||
| 10.1 | 12.8 | 12.8 | 12.5 | 12.9 | 13.5 | 11.8 | 12.8 | 11.2 | 9.7 | 9.6 | 8.8 | 9.7 | 11.8 | 8.2 | 24.5 | 33.5 | 41.6 | 23.3 | 11.2 | 10.1 | 8.8 | 9.1 | 8.4 | 9.4 | 11.8 | 9.8 | 9.7 | 8.1 | 9.4 | 11.1 | 11.0 | 10.7 | 12.0 | 11.9 | 12.7 | 12.8 | 14.1 | 11.8 | 11.2 | |
| 2.4 | 3.0 | 3.0 | 3.0 | 2.9 | 3.1 | 2.6 | 2.8 | 2.6 | 2.1 | 2.2 | 2.1 | 2.1 | 2.2 | 1.2 | 1.1 | 1.1 | 1.5 | 2.0 | 2.3 | 2.4 | 2.3 | 2.3 | 1.9 | 1.9 | 1.9 | 1.6 | 1.6 | 1.4 | 1.6 | 1.7 | 1.7 | 1.5 | 1.9 | 1.9 | 2.1 | 2.2 | 2.4 | 2.0 | 2.0 | |
| 1.1 | 1.4 | 1.4 | 1.4 | 1.3 | 1.5 | 1.3 | 1.3 | 1.3 | 1.1 | 1.1 | 1.1 | 1.1 | 1.2 | 0.6 | 0.6 | 0.5 | 0.7 | 0.9 | 1.0 | 1.0 | 1.0 | 1.0 | 0.8 | 0.9 | 0.9 | 0.8 | 0.9 | 0.8 | 1.0 | 1.2 | 1.2 | 1.1 | 1.3 | 1.3 | 1.4 | 1.5 | 1.7 | 1.4 | 1.4 | |
| 6.3 | 6.8 | 6.7 | 6.4 | 6.3 | 3.5 | 4.0 | 4.5 | 4.3 | 3.8 | 4.1 | 4.0 | 4.2 | 4.1 | 3.2 | 1.6 | -0.9 | 1.6 | -0.6 | 1.7 | 1.2 | 1.9 | 2.1 | 2.3 | 2.4 | 3.0 | 2.6 | 2.6 | 2.0 | 2.1 | 2.0 | 2.2 | 2.4 | 2.5 | 3.0 | 3.5 | 4.1 | 4.5 | 4.2 | 3.9 | |
| 15.7 | 16.9 | 17.0 | 16.3 | 16.9 | 10.1 | 12.1 | 14.1 | 13.4 | 11.3 | 12.3 | 11.8 | 12.8 | 13.8 | 12.2 | 11.7 | -8.0 | 13.4 | -3.3 | 4.8 | 3.0 | 4.4 | 4.9 | 6.0 | 6.9 | 11.1 | 10.2 | 10.3 | 8.0 | 8.6 | 8.5 | 9.6 | 10.6 | 10.2 | 12.2 | 14.0 | 15.9 | 16.8 | 15.9 | 15.0 | |
| – | 323.9 | 35.0 | 25.2 | 12.0 | 16.2 | 12.5 | 11.2 | 11.9 | 6.0 | 7.7 | 7.3 | 23.7 | 34.1 | 7.3 | 3.2 | 2.6 | 61.1 | – | – | – | – | – | 19.2 | 6.2 | 5.9 | 4.2 | 6.1 | 5.1 | 4.5 | 10.0 | 8.8 | 15.7 | 77.7 | 57.8 | – | – | – | 217.2 | 13.3 | |
| -3.9% | 0.3% | 2.9% | 4.0% | 8.3% | 6.2% | 8.0% | 8.9% | 8.4% | 16.6% | 13.0% | 13.6% | 4.2% | 2.9% | 13.6% | 31.2% | 38.3% | 1.6% | -11.5% | -22.8% | -20.6% | -6.1% | -4.2% | 5.2% | 16.0% | 17.1% | 24.0% | 16.3% | 19.5% | 22.4% | 10.0% | 11.4% | 6.4% | 1.3% | 1.7% | -3.5% | -5.3% | -6.3% | 0.5% | 7.5% | |
| Margins | ||||||||||||||||||||||||||||||||||||||||
| 90.2% | 89.6% | 89.5% | 89.4% | 88.4% | 87.7% | 87.0% | 85.9% | 85.1% | 83.8% | 81.8% | 80.6% | 79.7% | 79.3% | 76.3% | 68.1% | 69.8% | 72.7% | 81.2% | 96.0% | 99.3% | 100.3% | 100.3% | 97.4% | 92.9% | 87.2% | 80.6% | 75.1% | 70.5% | 66.9% | 64.6% | 63.3% | 62.1% | 62.2% | 62.5% | 63.4% | 64.4% | 64.8% | 64.5% | 64.5% | |
| 35.3% | 34.7% | 34.1% | 33.6% | 31.8% | 28.6% | 27.1% | 25.9% | 26.4% | 28.2% | 28.0% | 28.1% | 26.4% | 23.3% | 18.2% | 5.0% | 2.1% | 1.8% | 8.0% | 25.2% | 30.0% | 35.0% | 34.3% | 29.7% | 25.8% | 18.3% | 18.0% | 18.5% | 19.0% | 18.8% | 17.8% | 17.6% | 17.1% | 18.6% | 18.7% | 19.2% | 19.7% | 20.4% | 20.5% | 21.2% | |
| 24.0% | 23.7% | 23.6% | 23.7% | 22.4% | 23.1% | 22.4% | 21.6% | 22.8% | 22.2% | 22.6% | 23.3% | 21.7% | 18.8% | 14.5% | 4.6% | 3.4% | 3.7% | 8.7% | 20.9% | 23.5% | 26.1% | 25.5% | 22.7% | 20.1% | 16.1% | 16.0% | 16.2% | 17.1% | 16.6% | 15.6% | 15.2% | 14.4% | 15.7% | 16.2% | 16.9% | 17.2% | 17.3% | 17.3% | 17.5% | |
| -9.6% | 0.9% | 8.6% | 11.7% | 24.2% | 19.2% | 21.2% | 24.6% | 21.4% | 35.7% | 28.1% | 27.9% | 8.9% | 6.5% | 16.3% | 35.5% | 43.1% | 2.5% | -23.4% | -53.0% | -48.9% | -14.0% | -9.7% | 9.9% | 30.5% | 32.6% | 37.6% | 25.7% | 27.0% | 35.0% | 17.3% | 19.1% | 9.8% | 2.4% | 3.3% | -7.5% | -11.6% | -15.4% | 0.9% | 14.8% | |
| Returns | ||||||||||||||||||||||||||||||||||||||||
| 11.0% | 11.0% | 11.0% | 10.9% | 10.3% | 10.8% | 10.6% | 10.3% | 11.4% | 11.4% | 11.7% | 12.1% | 11.8% | 10.4% | 7.8% | 2.4% | 1.6% | 1.6% | 3.7% | 8.8% | 9.9% | 11.5% | 11.5% | 10.0% | 9.2% | 7.4% | 8.1% | 9.1% | 10.3% | 10.3% | 10.4% | 10.6% | 9.9% | 11.0% | 11.0% | 11.4% | 11.6% | 11.8% | 12.2% | 12.6% | |
| 1.1% | 1.1% | 1.1% | 1.2% | 1.1% | 1.1% | 1.1% | 1.1% | 1.2% | 1.2% | 1.2% | 1.3% | 1.2% | 1.0% | 0.7% | 0.2% | 0.2% | 0.2% | 0.4% | 0.9% | 1.0% | 1.1% | 1.1% | 0.9% | 0.9% | 0.7% | 0.8% | 0.9% | 1.0% | 1.0% | 1.0% | 1.0% | 0.9% | 1.0% | 1.0% | 1.0% | 1.0% | 1.0% | 1.0% | 1.0% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||||||||||||
| 360,216 | 345,621 | 344,102 | 325,613 | 322,995 | 32,441 | 129,997 | 168,838 | 175,837 | 170,043 | 201,361 | 200,792 | 215,776 | 200,532 | 194,440 | 40,271 | -177,779 | 7,337 | -212,883 | -48,882 | -91,170 | -29,708 | -14,957 | 32,226 | 39,339 | 86,943 | 92,037 | 99,554 | 65,469 | 59,909 | 27,131 | 65,947 | 108,363 | 78,507 | 135,871 | 169,671 | 234,097 | 251,512 | 275,810 | 243,179 | |
| 9.7 | 9.3 | 9.3 | 8.8 | 9.1 | 1.0 | 4.1 | 5.4 | 5.5 | 5.0 | 5.9 | 5.7 | 6.3 | 6.4 | 7.6 | 3.2 | -17.7 | 0.7 | -14.1 | -1.7 | -2.8 | -0.8 | -0.4 | 1.1 | 1.4 | 3.9 | 4.0 | 4.0 | 2.4 | 2.1 | 1.0 | 2.3 | 3.8 | 2.5 | 4.4 | 5.5 | 7.4 | 7.6 | 8.3 | 7.3 | |
| 10.5% | 10.3% | 10.3% | 10.6% | 10.6% | 10.6% | 10.7% | 10.9% | 10.6% | 10.3% | 10.5% | 10.3% | 9.9% | 9.7% | 9.2% | 9.1% | 9.4% | 9.5% | 9.6% | 9.8% | 9.7% | 9.6% | 9.2% | 9.4% | 9.4% | 9.6% | 9.6% | 9.6% | 9.5% | 9.6% | 9.2% | 9.1% | 9.5% | 9.3% | 9.3% | 9.1% | 8.8% | 8.4% | 8.1% | 7.9% | |
| 1.9 | 1.8 | 1.8 | 1.7 | 1.7 | 1.2 | 1.6 | 1.6 | 1.7 | 1.8 | 1.8 | 1.8 | 1.9 | 1.8 | 1.9 | 1.7 | 0.4 | 1.5 | 0.4 | 1.2 | 0.9 | 1.1 | 1.0 | 1.1 | 1.2 | 1.4 | 1.4 | 1.4 | 1.6 | 1.6 | 1.6 | 1.7 | 1.6 | 1.6 | 1.7 | 2.0 | 2.3 | 2.4 | 2.5 | 2.5 | |
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| 4.37 | 4.32 | 4.35 | 4.44 | 4.26 | 4.50 | 4.43 | 4.32 | 4.69 | 4.76 | 5.04 | 5.37 | 5.18 | 4.58 | 3.49 | 1.04 | 0.70 | 0.73 | 1.68 | 4.06 | 4.59 | 5.43 | 5.35 | 4.66 | 4.25 | 3.49 | 3.82 | 4.40 | 5.04 | 5.23 | 5.21 | 5.38 | 5.28 | 5.87 | 6.02 | 6.30 | 6.54 | 6.63 | 6.76 | 7.35 | |
| 18.17 | 18.24 | 18.41 | 18.75 | 19.08 | 19.48 | 19.79 | 20.03 | 20.60 | 21.50 | 22.30 | 23.07 | 23.90 | 24.33 | 24.06 | 22.53 | 20.89 | 19.60 | 19.18 | 19.47 | 19.55 | 20.79 | 21.02 | 20.57 | 21.11 | 21.67 | 23.86 | 27.10 | 29.56 | 31.54 | 33.35 | 35.43 | 36.60 | 37.31 | 37.20 | 37.37 | 38.02 | 38.39 | 39.07 | 41.92 | |
| 39.85 | 39.30 | 39.66 | 40.67 | 41.21 | 41.69 | 41.73 | 41.88 | 41.18 | 41.73 | 43.11 | 44.25 | 44.04 | 43.81 | 44.51 | 43.69 | 43.84 | 44.49 | 44.89 | 45.99 | 46.20 | 47.32 | 46.33 | 46.48 | 46.06 | 46.94 | 47.44 | 48.37 | 49.10 | 50.79 | 50.26 | 50.61 | 53.51 | 53.30 | 54.52 | 55.44 | 56.30 | 56.29 | 55.45 | 58.50 | |
| -1.74 | 0.17 | 1.59 | 2.20 | 4.61 | 3.74 | 4.19 | 4.93 | 4.41 | 7.67 | 6.27 | 6.44 | 2.13 | 1.58 | 3.91 | 8.00 | 9.01 | 0.49 | -4.48 | -10.31 | -9.56 | -2.91 | -2.03 | 2.04 | 6.44 | 7.06 | 8.97 | 6.96 | 7.99 | 11.04 | 5.79 | 6.78 | 3.60 | 0.90 | 1.24 | -2.80 | -4.42 | -5.91 | 0.37 | 6.22 | |
Showing the most recent 40 periods — older statements are on file for this stock.
Data as of: October 9, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.