Net Income for Wells Fargo (WFC)
According to Wells Fargo's latest reported financial statements, the company's current net income (TTM) is $21.73B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
WFC
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$21.73B
YoY change
+8.2%
5Y CAGR
+44.6%
Peak year (2014)
$23.06B
Cumulative net income
$380.59B
Net Income history chart for Wells Fargo (WFC) from 1985 to 2025
Net Income history table for Wells Fargo (WFC) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $21.34B | +8.2% | ||
| 2024 | $19.72B | +3.0% | ||
| 2023 | $19.14B | +40.0% | ||
| 2022 | $13.68B | -38.1% | ||
| 2021 | $22.11B | +554.7% | ||
| 2020 | $3.38B | -82.9% | ||
| 2019 | $19.71B | -12.0% | ||
| 2018 | $22.39B | +0.9% | ||
| 2017 | $22.18B | +1.1% | ||
| 2016 | $21.94B | -4.2% | ||
| 2015 | $22.89B | -0.7% | ||
| 2014 | $23.06B | +5.4% | ||
| 2013 | $21.88B | +15.8% | ||
| 2012 | $18.90B | +19.1% | ||
| 2011 | $15.87B | +28.4% | ||
| 2010 | $12.36B | +0.7% | ||
| 2009 | $12.28B | +362.3% | ||
| 2008 | $2.65B | -67.0% | ||
| 2007 | $8.06B | -4.3% | ||
| 2006 | $8.42B | +9.8% | ||
| 2005 | $7.67B | +9.4% | ||
| 2004 | $7.01B | +13.1% | ||
| 2003 | $6.20B | +14.1% | ||
| 2002 | $5.43B | +59.3% | ||
| 2001 | $3.41B | -15.3% | ||
| 2000 | $4.03B | +0.3% | ||
| 1999 | $4.01B | +105.7% | ||
| 1998 | $1.95B | -22.0% | ||
| 1997 | $2.50B | +12.2% | ||
| 1996 | $2.23B | +133.1% | ||
| 1995 | $956.00M | +19.4% | ||
| 1994 | $800.40M | +22.5% | ||
| 1993 | $653.60M | +46.3% | ||
| 1992 | $446.70M | +12.1% | ||
| 1991 | $398.50M | +42.0% | ||
| 1990 | $280.60M | +18.4% | ||
| 1989 | $237.00M | +12.2% | ||
| 1988 | $211.20M | -808.7% | ||
| 1987 | -$29.80M | -124.5% | ||
| 1986 | $121.70M | +13.1% | ||
| 1985 | $107.60M | — |
Net Income values are taken from Wells Fargo's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Wells Fargo (WFC) reported net income of $21.34B – grew 8.2% year-over-year.
Wells Fargo net income compound annual growth for the 2020–2025 (5 years) window is +44.6%, sustaining 3 straight years of year-over-year growth.
Wells Fargo net income declined from $23.06B in 2014 to $21.34B in 2025, a 7.5% drawdown.
Across the available history, net income reached its high of $23.06B in 2014 and its low of -$29.80M in 1987.
Within Financial Services, Wells Fargo (WFC) ranks 4th among 8 peers we track. The peer median for net income is $18.62B.
Wells Fargo Net Income by Year
Wells Fargo Net Income 2025: $21.34B
Wells Fargo net income in 2025 was $21.34B, grew 8.2% from 2024.
Wells Fargo Net Income 2024: $19.72B
Wells Fargo net income in 2024 was $19.72B, edged up 3.0% from 2023.
Wells Fargo Net Income 2023: $19.14B
Wells Fargo net income in 2023 was $19.14B, surged 40.0% from 2022.
Wells Fargo Net Income 2022: $13.68B
Wells Fargo net income in 2022 was $13.68B, plunged 38.1% below 2021.
Wells Fargo Net Income 2021: $22.11B
Wells Fargo net income in 2021 was $22.11B.
See more financial history for Wells Fargo (WFC).
Sector peers — Net Income
Companies in the same sector as Wells Fargo, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Berkshire Hathaway Inc. (BRK-B) | $66.97B | Financial Services |
| JPMorgan Chase & Co. (JPM) | $57.05B | Financial Services |
| Bank of America Corporation (BAC) | $30.51B | Financial Services |
| Visa Inc. (V) | $20.06B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $17.18B | Financial Services |
| Morgan Stanley (MS) | $16.86B | Financial Services |
| Mastercard Incorporated (MA) | $14.97B | Financial Services |
| Citigroup Inc. (C) | $14.27B | Financial Services |
Frequently asked questions
What is Wells Fargo's net income?
- Latest reported net income for Wells Fargo (WFC) is $21.73B (period ending March 31, 2026).
How has Wells Fargo net income changed year-over-year?
- Wells Fargo (WFC) net income changed +8.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Wells Fargo net income?
- Wells Fargo (WFC) net income compound annual growth rate is +44.6% over the most recent 5 years available.
When did Wells Fargo net income hit its highest annual value?
- Wells Fargo net income reached its highest annual value of $23.06B in 2014.
What was Wells Fargo net income in 2024?
- Wells Fargo (WFC) net income in 2024 was $19.72B.
What was Wells Fargo net income in 2025?
- Wells Fargo (WFC) net income in 2025 was $21.34B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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