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WFC
WELLS FARGO & COMPANY/MNFinancials10-K for period ending 2025-12-31filed 2026-02-24accession 0000072971-26-000133filing on sec.gov ↗exhibit 13 ↗
answer key
| field | SEC value | XBRL concept | printed on |
|---|---|---|---|
| Total revenue | $83.7B | RevenuesNetOfInterestExpense | Total revenue |
| Operating income | - | not reported | not in this filing's XBRL |
| Net income attributable to the company | $21.3B | NetIncomeLoss | Wells Fargo net income |
| Diluted EPS | $6.26 | EarningsPerShareDiluted | Diluted earnings per common share |
| Cash and cash equivalents | $39.2B | CashAndDueFromBanks | Cash and due from banks |
| Total assets | $2.15T | Assets | Total assets (2) · Total liabilities and equity |
| Total liabilities | $1.97T | Liabilities | Total liabilities (3) |
| Total shareholders' equity attributable to the company | $181.1B | StockholdersEquity | Total Wells Fargo stockholders’ equity |
| Net cash from operating activities | -$19.0B | NetCashProvidedByUsedInOperatingActivities | Net cash provided (used) by operating activities |
| Net cash from investing activities | -$187.9B | NetCashProvidedByUsedInInvestingActivities | Net cash provided (used) by investing activities |
| Net cash from financing activities | $177.6B | NetCashProvidedByUsedInFinancingActivities | Net cash provided (used) by financing activities |
Income statement
table #179 · score 40 vs 20 runner-up · in millions| Wells Fargo & Company and Subsidiaries | |||
| Consolidated Statement of Income | |||
| Year ended December 31, | |||
| (in millions, except per share amounts) | 2025 | 2024 | 2023 |
| Interest income | |||
| Interest-earning deposits with banks (1) | 5,757 | 9,182 | 6,973 |
| Federal funds sold and securities borrowed or purchased under resale agreements (1) | 5,046 | 4,021 | 3,374 |
| Trading assets (1) | 6,698 | 5,541 | 4,228 |
| Available-for-sale and held-to-maturity debt securities (1) | 13,975 | 13,001 | 12,320 |
| Loans | 54,737 | 57,895 | 57,155 |
| Other interest income (1) | 1,101 | 1,137 | 1,068 |
| Total interest income | 87,314 | 90,777 | 85,118 |
| Interest expense | |||
| Deposits | 20,449 | 24,282 | 16,503 |
| Federal funds purchased and securities loaned or sold under repurchase agreements (1) | 6,907 | 4,766 | 3,313 |
| Trading liabilities (1) | 1,042 | 820 | 643 |
| Long-term debt | 10,268 | 12,463 | 11,572 |
| Other interest expense (1) | 1,164 | 770 | 712 |
| Total interest expense | 39,830 | 43,101 | 32,743 |
| Net interest income | 47,484 | 47,676 | 52,375 |
| Noninterest income | |||
| Deposit and lending-related fees | 6,613 | 6,515 | 6,140 |
| Investment advisory and other asset-based fees | 10,498 | 9,775 | 8,670 |
| Commissions and brokerage services fees | 2,556 | 2,521 | 2,375 |
| Investment banking fees | 3,027 | 2,665 | 1,649 |
| Card fees | 4,589 | 4,342 | 4,256 |
| Mortgage banking | 1,152 | 1,047 | 829 |
| Net gains from trading and securities (1) | 5,247 | 5,516 | 4,448 |
| Other (1) | 2,533 | 2,239 | 1,855 |
| Total noninterest income | 36,215 | 34,620 | 30,222 |
| Total revenue | 83,699 | 82,296 | 82,597 |
| Provision for credit losses | 3,658 | 4,334 | 5,399 |
| Noninterest expense | |||
| Personnel | 36,281 | 35,729 | 35,829 |
| Technology, telecommunications and equipment | 5,203 | 4,583 | 3,920 |
| Occupancy | 3,151 | 3,052 | 2,884 |
| Professional and outside services | 4,540 | 4,607 | 5,085 |
| Advertising and promotion | 1,094 | 869 | 812 |
| Other (2) | 4,573 | 5,758 | 7,032 |
| Total noninterest expense | 54,842 | 54,598 | 55,562 |
| Income before income tax expense | 25,199 | 23,364 | 21,636 |
| Income tax expense | 3,841 | 3,399 | 2,607 |
| Net income before noncontrolling interests | 21,358 | 19,965 | 19,029 |
| Less: Net income (loss) from noncontrolling interests | 20 | 243 | (113) |
| Wells Fargo net income | 21,338 | 19,722 | 19,142 |
| Less: Preferred stock dividends and other | 1,053 | 1,116 | 1,160 |
| Wells Fargo net income applicable to common stock | 20,285 | 18,606 | 17,982 |
| Per share information | |||
| Earnings per common share | 6.34 | 5.43 | 4.88 |
| Diluted earnings per common share | 6.26 | 5.37 | 4.83 |
| Average common shares outstanding | 3,201.8 | 3,426.1 | 3,688.3 |
| Diluted average common shares outstanding | 3,242.3 | 3,467.6 | 3,720.4 |
Balance sheet
table #183 · score 38.3 vs 30.5 runner-up · in millions| Wells Fargo & Company and Subsidiaries | ||
| Consolidated Balance Sheet | ||
| (in millions, except shares) | Dec 31,2025 | Dec 31,2024 |
| Assets | ||
| Cash and due from banks | 39,182 | 37,080 |
| Interest-earning deposits with banks | 135,028 | 166,281 |
| Federal funds sold and securities borrowed or purchased under resale agreements | 193,929 | 105,330 |
| Trading assets (includes assets pledged as collateral of $145,519 and $95,916) (1) | 227,935 | 168,595 |
| Available-for-sale debt securities (amortized cost of $215,775 and $170,607, and includes assets pledged as collateral of $563 and $3,078) | 213,573 | 162,978 |
| Held-to-maturity debt securities (fair value $175,797 and $193,779) | 208,023 | 234,948 |
| Loans (includes assets pledged as collateral of $1,161 and $461) | 986,167 | 912,745 |
| Allowance for loan losses | (13,797) | (14,183) |
| Net loans | 972,370 | 898,562 |
| Premises and equipment, net | 11,395 | 10,297 |
| Goodwill | 24,967 | 25,167 |
| Equity securities (including $2,008 and $3,052 carried at fair value) (1) | 40,932 | 41,374 |
| Other assets (includes $6,996 and $8,404 carried at fair value) (1) | 81,297 | 79,233 |
| Total assets (2) | 2,148,631 | 1,929,845 |
| Liabilities | ||
| Noninterest-bearing deposits | 365,368 | 383,616 |
| Interest-bearing deposits (includes $0 and $318 carried at fair value) | 1,060,839 | 988,188 |
| Total deposits | 1,426,207 | 1,371,804 |
| Federal funds purchased and securities loaned or sold under repurchase agreements (1) | 232,687 | 95,235 |
| Short-term borrowings (1) | 18,323 | 2,704 |
| Trading liabilities (1) | 45,468 | 44,813 |
| Accrued expenses and other liabilities (includes $357 and $318 carried at fair value) (1) | 68,196 | 61,145 |
| Long-term debt (includes $7,082 and $3,495 carried at fair value) | 174,712 | 173,078 |
| Total liabilities (3) | 1,965,593 | 1,748,779 |
| Equity | ||
| Wells Fargo stockholders’ equity: | ||
| Preferred stock - aggregate liquidation preference of $17,376 and $19,376 | 16,608 | 18,608 |
| Common stock - $1-2/3 par value, authorized 9,000,000,000 shares; issued 5,481,811,474 shares | 9,136 | 9,136 |
| Additional paid-in capital | 61,288 | 60,817 |
| Retained earnings | 228,873 | 214,198 |
| Accumulated other comprehensive loss | (6,673) | (12,176) |
| Treasury stock, at cost - 2,389,192,624 shares and 2,192,867,645 shares | (128,115) | (111,463) |
| Total Wells Fargo stockholders’ equity | 181,117 | 179,120 |
| Noncontrolling interests | 1,921 | 1,946 |
| Total equity | 183,038 | 181,066 |
| Total liabilities and equity | 2,148,631 | 1,929,845 |
Cash flow statement
table #187 · score 40 vs 10 runner-up · in millions| Wells Fargo & Company and Subsidiaries | |||
| Consolidated Statement of Cash Flows | |||
| Year ended December 31, | |||
| (in millions) | 2025 | 2024 | 2023 |
| Cash flows from operating activities: | |||
| Net income before noncontrolling interests | 21,358 | 19,965 | 19,029 |
| Adjustments to reconcile net income to net cash provided (used) by operating activities: | |||
| Provision for credit losses | 3,658 | 4,334 | 5,399 |
| Changes in fair value of MSRs and LHFS carried at fair value | 387 | 265 | 851 |
| Depreciation, amortization and accretion | 7,713 | 7,558 | 6,271 |
| Deferred income tax benefit | (1,870) | (911) | (50) |
| Other, net | 6,229 | (1,737) | 7,149 |
| Originations and purchases of loans held for sale (1) | (48,197) | (35,262) | (29,973) |
| Proceeds from sales of and paydowns on loans originally classified as held for sale (1) | 43,682 | 30,852 | 26,707 |
| Net change in: | |||
| Trading assets and liabilities (1) | (52,956) | (25,294) | 11,766 |
| Other assets (1) | (4,106) | 5,669 | (6,277) |
| Other accrued expenses and liabilities (1) | 5,101 | (2,404) | (514) |
| Net cash provided (used) by operating activities | (19,001) | 3,035 | 40,358 |
| Cash flows from investing activities: | |||
| Net change in: | |||
| Federal funds sold and securities borrowed or purchased under resale agreements | (88,599) | (27,022) | (12,729) |
| Available-for-sale debt securities: | |||
| Proceeds from sales | 7,176 | 27,901 | 14,651 |
| Paydowns and maturities | 20,837 | 34,331 | 14,872 |
| Purchases | (72,125) | (95,464) | (26,051) |
| Held-to-maturity debt securities: | |||
| Paydowns and maturities | 27,078 | 27,896 | 18,372 |
| Purchases | - | - | (4,225) |
| Equity securities: | |||
| Proceeds from sales and capital returns | 4,551 | 3,812 | 2,244 |
| Purchases | (9,381) | (8,363) | (5,811) |
| Loans: | |||
| Loans originated, net of principal collected | (80,727) | 18,663 | 11,691 |
| Proceeds from sales of loans originally classified as held for investment | 3,667 | 3,631 | 4,275 |
| Purchases of loans | (1,655) | (843) | (1,637) |
| Other, net | 1,283 | (193) | 391 |
| Net cash provided (used) by investing activities | (187,895) | (15,651) | 16,043 |
| Cash flows from financing activities: | |||
| Net change in: | |||
| Deposits | 54,507 | 13,631 | (25,812) |
| Federal funds purchased and securities loaned or sold under repurchase agreements (1) | 137,452 | 17,559 | 47,053 |
| Short-term borrowings (1) | 15,619 | 1,151 | (8,639) |
| Long-term debt: | |||
| Proceeds from issuance | 31,340 | 29,014 | 49,071 |
| Repayment | (34,470) | (55,582) | (22,886) |
| Preferred stock: | |||
| Proceeds from issuance | - | 1,997 | 1,722 |
| Redeemed | (2,000) | (2,840) | (1,725) |
| Cash dividends paid | (1,050) | (1,099) | (1,141) |
| Common stock: | |||
| Repurchased | (17,516) | (19,448) | (11,851) |
| Cash dividends paid | (5,434) | (5,133) | (4,789) |
| Other, net | (861) | (784) | (509) |
| Net cash provided (used) by financing activities | 177,587 | (21,534) | 20,494 |
| Net change in cash, cash equivalents, and restricted cash | (29,309) | (34,150) | 76,895 |
| Cash, cash equivalents, and restricted cash at beginning of period (2) | 201,902 | 236,052 | 159,157 |
| Cash, cash equivalents, and restricted cash at end of period (2) | 172,593 | 201,902 | 236,052 |
| Supplemental cash flow disclosures: | |||
| Cash paid for interest | 39,806 | 43,619 | 30,431 |
| Significant non-cash activities: | |||
| Transfers from available-for-sale debt securities to held-to-maturity debt securities | - | - | 3,687 |
| Transfers from held-to-maturity debt securities to available-for-sale debt securities | - | - | 23,919 |
| Reclassification of long-term debt to accrued expenses and other liabilities | - | 4,927 | - |