Operating Expenses
Wells Fargo & Company·Income Statement·7 metrics
Breakdown
| Metric | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Total noninterest expense | $13.3B | $13.1B | $13.9B | $13.9B | $13.4B | $13.8B | $13.7B | $14.3B |
| Compensation and benefits | $8.6B | $8.6B | $9.1B | $9.5B | $8.7B | $9B | $9.1B | $9.6B |
| Provision for credit losses | $1.2B | $1.1B | $1.1B | $932M | $1B | $681M | $1B | $1.1B |
| Other operating expenses | $993M | $920M | $2.7B | $1.2B | $951M | $965M | $1.6B | $1.1B |
| Professional fees | $1.1B | $1.1B | $1.2B | $1B | $1.1B | $1.2B | $1.2B | $1.1B |
| Occupancy and equipment | $763M | $786M | $789M | $761M | $766M | $784M | $840M | $778M |
| Selling and marketing | $224M | $205M | $243M | $181M | $266M | $295M | $352M | $369M |