WELLS FARGO & COMPANY/MN
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 193,035 | 51.6 |
| Stockholders' equity | 181,117 | 48.4 |
| Total capitalization | 374,152 | 100.0 |
3,023,999,336 shares outstanding at 17 July 2026 (cover page of the 10-Q filed 28 July 2026).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Long-term debt, incl. current maturities | 174,712 |
| Short-term borrowings / commercial paper | 18,323 |
CAPITAL STOCK 12/31/25
| Common shares authorized | 9,000,000,000 |
| Common shares issued | 5,481,811,474 |
| Par or stated value per share ($) | 1.667 |
| Preferred stock ($ millions) | 16,608 |
| Outstanding at 7/17/26 | 3,023,999,336 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | 1.70 | 27.2 |
| 2024 | 1.50 | 27.9 |
| 2023 | 1.30 | 26.9 |
| 2022 | 1.10 | 33.6 |
| 2021 | 0.60 | 11.8 |
HISTORY AND BUSINESS
HISTORY: Incorporated in Delaware. Formerly known as WELLS FARGO & CO/MN (to 10 April 2012); NORWEST CORP (to 21 October 1998).
BUSINESS: Classified by the SEC under Standard Industrial Classification 6021, National Commercial Banks. Large accelerated filer. Principal executive office: 333 Market Street, San Francisco, CA 94105. Fiscal year ends December 31. Deposits at 12/31/25: $1,426,207 million. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Total interest income | 87,314 | 90,777 | 85,118 |
| Total interest expense | 39,830 | 43,101 | 32,743 |
| Net interest income | 47,484 | 47,676 | 52,375 |
| Provision for credit losses | 3,658 | 4,334 | 5,399 |
| Noninterest income | 36,215 | 34,620 | 30,222 |
| Noninterest expense | 54,842 | 54,598 | 55,562 |
| Total net revenue | 83,699 | 82,296 | 82,597 |
| Income before income taxes | 25,199 | 23,364 | 21,636 |
| Income taxes | 3,841 | 3,399 | 2,607 |
| Net income | 21,338 | 19,722 | 19,142 |
| Earned per share, diluted ($) | 6.26 | 5.37 | 4.83 |
| Dividends per share ($) | 1.70 | 1.50 | 1.30 |
CONSOLIDATED STATEMENT OF CONDITION
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Cash and due from banks | 39,182 | 37,080 |
| Interest-bearing deposits with banks | 135,028 | 166,281 |
| Total assets | 2,148,631 | 1,929,845 |
| Deposits | 1,426,207 | 1,371,804 |
| Short-term borrowings | 18,323 | 2,704 |
| Long-term debt | 174,712 | 173,078 |
| Total liabilities | 1,965,593 | 1,748,779 |
| Stockholders' equity | 181,117 | 179,120 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Total assets | Total liabilities | Total debt | Deposits | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 83,699 | – | 21,338 | 25.5 | 6.26 | 1.70 | (19,001) | 2,148,631 | 1,965,593 | 193,035 | 1,426,207 | 181,117 | 11.8 | 1.07 |
| 12/31/24 | 82,296 | – | 19,722 | 24.0 | 5.37 | 1.50 | 3,035 | 1,929,845 | 1,748,779 | 175,782 | 1,371,804 | 179,120 | 11.0 | 0.98 |
| 12/31/23 | 82,597 | – | 19,142 | 23.2 | 4.83 | 1.30 | 40,358 | 1,932,468 | 1,745,025 | 297,147 | 1,358,173 | 185,735 | 10.3 | 1.60 |
| 12/31/22 | 74,368 | – | 13,677 | 18.4 | 3.27 | 1.10 | 27,048 | 1,881,020 | 1,698,807 | 226,015 | 1,383,985 | 180,227 | 7.6 | 1.25 |
| 12/31/21 | 79,166 | – | 22,109 | 27.9 | 5.08 | 0.60 | (11,525) | 1,948,068 | 1,757,958 | 195,098 | 1,482,479 | 187,606 | 11.8 | 1.04 |
| 12/31/20 | 74,264 | – | 3,377 | 4.5 | 0.43 | 1.22 | 2,051 | 1,952,911 | 1,767,199 | 271,949 | 1,404,381 | 184,680 | 1.8 | 1.47 |
| 12/31/19 | 85,063 | – | 19,715 | 23.2 | 4.09 | 1.92 | 6,730 | 1,927,555 | 1,739,571 | 332,703 | 1,322,626 | 187,146 | 10.5 | 1.78 |
| 12/31/18 | 86,408 | – | 22,393 | 25.9 | 4.28 | 1.64 | 36,073 | 1,895,883 | 1,698,817 | 334,831 | 1,286,170 | 196,166 | 11.4 | 1.71 |
| 12/31/17 | 88,389 | – | 22,183 | 25.1 | 4.10 | 1.54 | 18,619 | 1,951,757 | 1,743,678 | 328,276 | 1,335,991 | 206,936 | 10.7 | 1.59 |
| 12/31/16 | 88,267 | – | 21,938 | 24.9 | 3.99 | 1.51 | 1,008 | 1,930,115 | 1,729,618 | 351,858 | 1,306,079 | 199,581 | 11.0 | 1.76 |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; capital expenditure and free cash flow are not shown for banks and insurers, where they are not meaningful; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
WELLS FARGO & COMPANY/MN
CIK 72971 · EIN 41-0449260
PRINCIPAL OFFICE:
333 Market Street, San Francisco, CA 94105
Tel.: 8008693557
INCORPORATED:
Delaware
INDUSTRY (SEC SIC CODE):
6021 · National Commercial Banks
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 24 February 2026
FORMER NAMES:
WELLS FARGO & CO/MN; NORWEST CORP
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/24/26) · 10-K FY2024 (filed 2/25/25) · 10-K FY2023 (filed 2/20/24) · 10-K FY2022 (filed 2/21/23) · 10-K FY2021 (filed 2/22/22) · 10-K FY2020 (filed 2/23/21) · 10-K FY2019 (filed 2/27/20) · 10-K FY2018 (filed 2/27/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.