The financials
Wells Fargo by the numbers
Wells Fargo (WFC) reported revenue of $23.3B in Q2 2026 (quarter ended June 30, 2026), up 9.2% from the same quarter a year earlier. That came with net income of $6.41B (28% of revenue). For the full year FY2025, revenue was $87.3B (−3.8% year on year) and net income $21.3B. Its largest product in 2026-Q2 was Investment Advisory Management And Administrative Service at $2.82B, 44% of the disclosed total, just ahead of Credit Card Merchant Discount at 15%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $23.3B | $21.3B | +9.2% |
| Net income | $6.41B | $5.49B | +17% |
| Diluted EPS | $2.00 | $1.60 | +25% |
| Product | Revenue | Share |
|---|---|---|
| Investment Advisory Management And Administrative Service | $2.82B | 44% |
| Credit Card Merchant Discount | $973M | 15% |
| Investment Advice | $939M | 15% |
| Deposit Account | $747M | 12% |
| Commissions And Brokerage Service Fees | $687M | 11% |
| Trailing Commission | $243M | 3.8% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $6.41B (+4.3%)
Investment Advice grew +35% year on yearCredit Card Merchant Discount +0.10% year on year
Segment Latestquarter on quarteryear on year
- Investment Advisory Management And Administrative Service$2.82B$2.82BQoQ -0.11%year on year +13%-0.11%+13%
- Credit Card Merchant Discount$973.0M$973.0MQoQ +8.8%year on year +0.10%+8.8%+0.10%
- Investment Advice$939.0M$939.0MQoQ +18%year on year +35%+18%+35%
- Deposit Account$747.0M$747.0MQoQ +3.8%year on year +14%+3.8%+14%
- Commissions And Brokerage Service Fees$687.0M$687.0MQoQ +3.0%year on year +13%+3.0%+13%
- Trailing Commission$243.0M$243.0MQoQ -0.41%year on year +9.5%-0.41%+9.5%
- Card Interchange And Network--QoQ -year on year ---
Banks - Diversified
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