Business Segments · Income tax expense (benefit)
Commercial Banking — Income tax expense (benefit)
Wells Fargo & Company Commercial Banking — Income tax expense (benefit) decreased by 11.4% to $343.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 26.1%, from $272.00M to $343.00M. Over 4 years (FY 2021 to FY 2025), Commercial Banking — Income tax expense (benefit) shows an upward trend with a 8.0% CAGR.
Analysis
StatementSegment
CategoryProfitability
SignalContext dependent
VolatilityStable
First reportedQ1 2018
Last reportedQ1 2026
Rolls up toIncome Tax
How to read this metric
An increase usually tracks with higher pre-tax profits, whereas a decrease may signal lower profitability or tax-advantaged adjustments.
Detailed definition
This represents the portion of the commercial banking segment's pre-tax income allocated to income tax obligations. It r...
Peer comparison
Standard line item in segment reporting for all large-cap banks.
Metric ID:
wfc_segment_commercial_banking_income_tax_expense_benefitHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $261.00M | $254.00M | $327.00M | $280.00M | $249.00M | $409.00M | $428.00M | $399.00M | $429.00M | $453.00M | $423.00M | $341.00M | $402.00M | $448.00M | $408.00M | $272.00M | $369.00M | $393.00M | $387.00M | $343.00M |
| QoQ Change | — | -2.7% | +28.7% | -14.4% | -11.1% | +64.3% | +4.6% | -6.8% | +7.5% | +5.6% | -6.6% | -19.4% | +17.9% | +11.4% | -8.9% | -33.3% | +35.7% | +6.5% | -1.5% | -11.4% |
| YoY Change | — | — | — | — | -4.6% | +61.0% | +30.9% | +42.5% | +72.3% | +10.8% | -1.2% | -14.5% | -6.3% | -1.1% | -3.5% | -20.2% | -8.2% | -12.3% | -5.1% | +26.1% |
Range$249.00M – $453.00M
CAGR+5.9%
Avg YoY Growth+10.4%
Median YoY Growth-2.4%
Current Streak2 quarters decline
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Frequently Asked Questions
- What is Wells Fargo & Company's commercial banking — income tax expense (benefit)?
- Wells Fargo & Company (WFC) reported commercial banking — income tax expense (benefit) of $343.00M in Q1 2026.
- How has Wells Fargo & Company's commercial banking — income tax expense (benefit) changed year-over-year?
- Wells Fargo & Company's commercial banking — income tax expense (benefit) increased by 26.1% year-over-year, from $272.00M to $343.00M.
- What is the long-term trend for Wells Fargo & Company's commercial banking — income tax expense (benefit)?
- Over 4 years (2021 to 2025), Wells Fargo & Company's commercial banking — income tax expense (benefit) has grown at a 8.0% compound annual growth rate (CAGR), from $1.05B to $1.42B.
- What does commercial banking — income tax expense (benefit) mean?
- The total income tax expense incurred by the commercial banking segment.