Operating Income for Wells Fargo (WFC)
According to Wells Fargo's latest reported financial statements, the company's current operating income (TTM) is $25.72B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
WFC
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$25.72B
YoY change
+7.9%
5Y CAGR
+58.7%
Peak year (2014)
$33.91B
Cumulative operating income
$525.07B
Operating Income history chart for Wells Fargo (WFC) from 1985 to 2025
Operating Income history table for Wells Fargo (WFC) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $25.20B | +7.9% | ||
| 2024 | $23.36B | +8.0% | ||
| 2023 | $21.64B | +38.4% | ||
| 2022 | $15.63B | -47.1% | ||
| 2021 | $29.56B | +1080.2% | ||
| 2020 | $2.50B | -90.4% | ||
| 2019 | $25.97B | -9.0% | ||
| 2018 | $28.54B | +4.2% | ||
| 2017 | $27.38B | -14.8% | ||
| 2016 | $32.12B | -4.5% | ||
| 2015 | $33.64B | -0.8% | ||
| 2014 | $33.91B | +3.9% | ||
| 2013 | $32.63B | +14.6% | ||
| 2012 | $28.47B | +20.4% | ||
| 2011 | $23.66B | +24.5% | ||
| 2010 | $19.00B | +5.6% | ||
| 2009 | $18.00B | +445.4% | ||
| 2008 | $3.30B | -72.1% | ||
| 2007 | $11.84B | -6.4% | ||
| 2006 | $12.65B | +9.5% | ||
| 2005 | $11.55B | +7.2% | ||
| 2004 | $10.77B | +13.6% | ||
| 2003 | $9.48B | +7.0% | ||
| 2002 | $8.85B | +62.2% | ||
| 2001 | $5.46B | -16.6% | ||
| 2000 | $6.55B | +3.1% | ||
| 1999 | $6.35B | +92.8% | ||
| 1998 | $3.29B | -21.5% | ||
| 1997 | $4.19B | +11.3% | ||
| 1996 | $3.77B | +164.8% | ||
| 1995 | $1.42B | +20.5% | ||
| 1994 | $1.18B | +25.9% | ||
| 1993 | $937.70M | +34.0% | ||
| 1992 | $699.60M | +47.3% | ||
| 1991 | $475.10M | +26.6% | ||
| 1990 | $375.30M | +17.9% | ||
| 1989 | $318.20M | +50.7% | ||
| 1988 | $211.20M | -808.7% | ||
| 1987 | -$29.80M | -124.5% | ||
| 1986 | $121.70M | +13.1% | ||
| 1985 | $107.60M | — |
Operating 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
Wells Fargo (WFC) most recent annual operating income stands at $25.20B (2025) – grew 7.9% year-over-year.
Across 2020–2025 (5 years), Wells Fargo operating income produced a CAGR of +58.7% – sustaining 3 straight years of year-over-year growth.
Wells Fargo operating income declined from $33.91B in 2014 to $25.20B in 2025, a 25.7% drawdown.
The highest annual operating income of $33.91B was reported in 2014. The lowest in the available history was -$29.80M in 1987.
Wells Fargo (WFC) sits 4th of 8 Financial Services peers we track on this metric, against a peer median of $22.97B.
Wells Fargo Operating Income by Year
Wells Fargo Operating Income 2025: $25.20B
Wells Fargo operating income in 2025 was $25.20B, grew 7.9% from 2024.
Wells Fargo Operating Income 2024: $23.36B
Wells Fargo operating income in 2024 was $23.36B, grew 8.0% from 2023.
Wells Fargo Operating Income 2023: $21.64B
Wells Fargo operating income in 2023 was $21.64B, surged 38.4% from 2022.
Wells Fargo Operating Income 2022: $15.63B
Wells Fargo operating income in 2022 was $15.63B, plunged 47.1% below 2021.
Wells Fargo Operating Income 2021: $29.56B
Wells Fargo operating income in 2021 was $29.56B.
See more financial history for Wells Fargo (WFC).
Sector peers — Operating Income
Companies in the same sector as Wells Fargo, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $72.59B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $59.54B | Financial Services |
| Bank of America Corporation (BAC) | $37.70B | Financial Services |
| Visa Inc. (V) | $23.99B | Financial Services |
| Morgan Stanley (MS) | $21.95B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $21.85B | Financial Services |
| Citigroup Inc. (C) | $19.83B | Financial Services |
| Mastercard Incorporated (MA) | $19.40B | Financial Services |
Frequently asked questions
What is Wells Fargo's operating income?
- Latest reported operating income for Wells Fargo (WFC) is $25.72B (period ending March 31, 2026).
How has Wells Fargo operating income changed year-over-year?
- Wells Fargo (WFC) operating income changed +7.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Wells Fargo operating income?
- Wells Fargo (WFC) operating income compound annual growth rate is +58.7% over the most recent 5 years available.
When did Wells Fargo operating income hit its highest annual value?
- Wells Fargo operating income reached its highest annual value of $33.91B in 2014.
What was Wells Fargo operating income in 2024?
- Wells Fargo (WFC) operating income in 2024 was $23.36B.
What was Wells Fargo operating income in 2025?
- Wells Fargo (WFC) operating income in 2025 was $25.20B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
WFC Overview
Company profile, financial tools, and key metrics
WFC Revenue Counter
Earns $3,986 every second. See per minute, hour, and day.
WFC Earnings Counter
Earns $689.18 per second net profit. See per minute, hour, and day.
WFC Economic Scale
Exceeds Ecuador's GDP. Compare with world economies.
WFC What If Invested
What if you had invested $1,000? See historical returns from any date.
WFC How It Makes Money
Discover visual breakdown of $125.70B in revenue — where it comes from and where it goes.
WFC Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
WFC Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
WFC Daily Price Character
Balanced · 45.9% historical win rate (green days). Streaks & record days.
WFC Buybacks
6.59% TTM buyback yield. Shareholder yield & SBC comparison.
WFC Stock Split History
6 splits on record. Dates, ratios, and cumulative multiple.
WFC Dividend Profile
Yield: 2.15%. Safety: 3/8. See full history.
WFC Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
WFC Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.