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Net Profit Margin for Wells Fargo (WFC)

As of · Reported

Metric

TTM

17.3%

YoY change

+1.55pp

Trough year (2020)

4.1%

Peak year (2014)

26.8%

Net Profit Margin history chart for Wells Fargo (WFC) from 1989 to 2025

Latest: 17.3%

Net Profit Margin change chart for Wells Fargo (WFC) from 1989 to 2025

Latest: +1.55pp

Net Profit Margin history table for Wells Fargo (WFC) from 1989 to 2025

  • 202517.3%+1.55pp
  • 202415.7%-0.87pp
  • 202316.6%+0.21pp
  • 202216.4%-10.22pp
  • 202126.6%+22.50pp
  • 20204.1%-14.55pp
  • 201918.7%-3.50pp
  • 201822.2%-0.54pp
  • 201722.7%-0.60pp
  • 201623.3%-2.78pp
  • 201526.1%-0.74pp
  • 201426.8%+1.55pp
  • 201325.3%+4.21pp
  • 201221.1%+2.62pp
  • 201118.4%+5.06pp
  • 201013.4%+0.90pp
  • 200912.5%+7.40pp
  • 20085.1%-10.17pp
  • 200715.2%-2.58pp
  • 200617.8%-1.40pp
  • 200519.2%-1.72pp
  • 200420.9%+1.45pp
  • 200319.5%+0.91pp
  • 200218.6%+6.29pp
  • 200112.3%-2.30pp
  • 200014.6%-2.18pp
  • 199916.8%+7.26pp
  • 19989.5%-3.44pp
  • 199713.0%+0.31pp
  • 199612.7%+0.02pp
  • 199512.6%-0.63pp
  • 199413.3%+0.88pp
  • 199312.4%+2.73pp
  • 19929.7%+0.64pp
  • 19919.0%+0.96pp
  • 19908.1%-0.03pp
  • 19898.1%—

Net Profit Margin values are taken from Wells Fargo's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Net Profit Margin at Wells Fargo (WFC)

According to Wells Fargo's latest reported financial statements, the company's latest reported net margin is 17.3%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

As of the 2025 fiscal year, Wells Fargo (WFC) reported net margin of 17.27% – expanded 1.5 percentage points year-over-year.

26.81% stands as the all-time-high annual net margin, posted in 2014, against a low of 4.11% during 2020.

Wells Fargo Net Profit Margin by Year

Wells Fargo Net Profit Margin 2025: 17.3%

2025's net margin for Wells Fargo came in at 17.27%, expanded 1.5 percentage points from 2024.

Wells Fargo Net Profit Margin 2024: 15.7%

Wells Fargo posted net margin of 15.73% in 2024, contracted 0.9 percentage points from 2023.

Wells Fargo Net Profit Margin 2023: 16.6%

In 2023, Wells Fargo reported net margin of 16.60%, expanded 0.2 percentage points from 2022.

Wells Fargo Net Profit Margin 2022: 16.4%

Wells Fargo net margin in 2022 was 16.39%, contracted 10.2 percentage points from 2021.

Wells Fargo Net Profit Margin 2021: 26.6%

Wells Fargo net margin in 2021 was 26.61%.

See more financial history for Wells Fargo (WFC).

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