Operating Expenses

Compensation and benefits

Wells Fargo & Company Compensation and benefits increased by 6.3% to $9.59B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.3%, from $9.47B to $9.59B. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2025

How to read this metric

An increase often reflects headcount growth or higher performance-based incentives, while a decrease may indicate efficiency initiatives or workforce reductions.

Detailed definition

Includes all salaries, wages, bonuses, stock-based compensation, and employee benefit costs for the workforce. This is t...

Peer comparison

Highly comparable across all sectors; usually found under 'Personnel' or 'Staffing' expenses.

Metric ID: compensation_and_benefits

Historical Data

8 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q3 '24Q1 '25Q3 '25Q1 '26
Value$8.96B$8.96B$8.96B$8.96B$8.59B$9.47B$9.02B$9.59B
QoQ Change+0.0%+0.0%+0.0%-4.1%+10.3%-4.8%+6.3%
YoY Change-4.1%+5.0%+1.3%
Range$8.59B$9.59B
CAGR+4.0%
Avg YoY Growth+0.7%
Median YoY Growth+1.3%

Frequently Asked Questions

What is Wells Fargo & Company's compensation and benefits?
Wells Fargo & Company (WFC) reported compensation and benefits of $9.59B in Q1 2026.
How has Wells Fargo & Company's compensation and benefits changed year-over-year?
Wells Fargo & Company's compensation and benefits increased by 1.3% year-over-year, from $9.47B to $9.59B.
What does compensation and benefits mean?
The total cost of employee salaries, bonuses, and benefits.