Wealth And Investment Management — Income tax expense (benefit)
Wells Fargo & Company Wealth And Investment Management — Income tax expense (benefit) decreased by 29.9% to $155.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 39.6%, from $111.00M to $155.00M. Over 4 years (FY 2021 to FY 2025), Wealth And Investment Management — Income tax expense (benefit) shows relatively stable performance with a 0.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Changes generally track with pre-tax income levels, though shifts may indicate changes in effective tax rates or jurisdictional tax impacts.
Detailed definition
This represents the portion of the wealth management segment's earnings allocated to income tax obligations. It reflects...
Peer comparison
Standard tax expense line item for business segments in large diversified banks.
wfc_segment_wealth_management_income_tax_expense_benefitHistorical Data
| 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 | $156.00M | $195.00M | $189.00M | $154.00M | $198.00M | $222.00M | $238.00M | $152.00M | $163.00M | $177.00M | $165.00M | $128.00M | $195.00M | $179.00M | $170.00M | $111.00M | $161.00M | $198.00M | $221.00M | $155.00M |
| QoQ Change | — | +25.0% | -3.1% | -18.5% | +28.6% | +12.1% | +7.2% | -36.1% | +7.2% | +8.6% | -6.8% | -22.4% | +52.3% | -8.2% | -5.0% | -34.7% | +45.0% | +23.0% | +11.6% | -29.9% |
| YoY Change | — | — | — | — | +26.9% | +13.8% | +25.9% | -1.3% | -17.7% | -20.3% | -30.7% | -15.8% | +19.6% | +1.1% | +3.0% | -13.3% | -17.4% | +10.6% | +30.0% | +39.6% |
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Frequently Asked Questions
- What is Wells Fargo & Company's wealth and investment management — income tax expense (benefit)?
- Wells Fargo & Company (WFC) reported wealth and investment management — income tax expense (benefit) of $155.00M in Q1 2026.
- How has Wells Fargo & Company's wealth and investment management — income tax expense (benefit) changed year-over-year?
- Wells Fargo & Company's wealth and investment management — income tax expense (benefit) increased by 39.6% year-over-year, from $111.00M to $155.00M.
- What is the long-term trend for Wells Fargo & Company's wealth and investment management — income tax expense (benefit)?
- Over 4 years (2021 to 2025), Wells Fargo & Company's wealth and investment management — income tax expense (benefit) has grown at a 0.4% compound annual growth rate (CAGR), from $680.00M to $691.00M.
- What does wealth and investment management — income tax expense (benefit) mean?
- The total income tax cost attributed to the wealth management segment.