Net Income

Net Income

Wells Fargo & Company Net Income decreased by 2.0% to $5.25B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.3%, from $4.89B to $5.25B. Over 4 years (FY 2021 to FY 2025), Net Income shows relatively stable performance with a -0.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionNet Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Consistent growth in net income is the primary driver of long-term stock price appreciation and dividend capacity.

Detailed definition

The 'bottom line' profit of the company after all expenses, including interest and taxes, have been deducted from total...

Peer comparison

This is the standard metric for calculating Earnings Per Share (EPS) and Price-to-Earnings (P/E) ratios.

Metric ID: net_income

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$6.04B$5.12B$5.64B$3.67B$3.12B$3.53B$2.86B$4.99B$4.94B$5.77B$3.45B$4.62B$4.91B$5.11B$5.08B$4.89B$5.49B$5.59B$5.36B$5.25B
QoQ Change-15.2%+10.2%-35.0%-15.0%+13.1%-18.8%+74.3%-1.1%+16.8%-40.2%+34.0%+6.3%+4.2%-0.7%-3.6%+12.3%+1.7%-4.1%-2.0%
YoY Change-48.4%-31.1%-49.3%+36.0%+58.3%+63.5%+20.3%-7.5%-0.6%-11.3%+47.4%+6.0%+11.9%+9.3%+5.6%+7.3%
Range$2.86B$6.04B
CAGR-2.9%
Avg YoY Growth+7.3%
Median YoY Growth+6.6%
Current Streak2 quarters decline

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Consumer Banking and Lending$1.78B$1.92B$1.60B$1.69B$1.86B$2.19B$2.13B$1.94B
Corporate and Investment Banking$1.79B$1.99B$1.58B$1.94B$1.74B$1.97B$1.64B$1.81B
Commercial Banking$1.18B$1.32B$1.20B$794.00M$1.09B$1.16B$1.14B$1.02B
Wealth And Investment Management$484.00M$529.00M$508.00M$392.00M$480.00M$591.00M$656.00M$468.00M
Total$4.91B$5.11B$5.08B$4.89B$5.49B$5.59B$5.36B$5.25B

Frequently Asked Questions

What is Wells Fargo & Company's net income?
Wells Fargo & Company (WFC) reported net income of $5.25B in Q1 2026.
How has Wells Fargo & Company's net income changed year-over-year?
Wells Fargo & Company's net income increased by 7.3% year-over-year, from $4.89B to $5.25B.
What is the long-term trend for Wells Fargo & Company's net income?
Over 4 years (2021 to 2025), Wells Fargo & Company's net income has grown at a -0.2% compound annual growth rate (CAGR), from $21.55B to $21.34B.
What does net income mean?
The final profit of the company after every single expense and tax has been paid.