Income Before Tax
Pre-Tax Income
Wells Fargo & Company Pre-Tax Income decreased by 8.4% to $5.98B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.3%, from $5.33B to $5.98B. Over 4 years (FY 2021 to FY 2025), Pre-Tax Income shows a downward trend with a -3.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
This provides a view of profitability that is not skewed by varying tax rates or one-time tax credits.
Detailed definition
A company's profits before the deduction of corporate income tax. It combines operating performance with non-operating f...
Peer comparison
Used to compare companies across different tax jurisdictions to see who generates more raw profit.
Metric ID:
income_before_taxHistorical 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 | $8.19B | $6.93B | $8.58B | $4.51B | $3.57B | $4.39B | $2.50B | $5.85B | $5.83B | $6.55B | $3.41B | $5.59B | $6.16B | $6.23B | $5.38B | $5.33B | $6.44B | $6.91B | $6.53B | $5.98B |
| QoQ Change | — | -15.4% | +23.9% | -47.4% | -20.9% | +23.3% | -43.1% | +133.7% | -0.2% | +12.2% | -47.9% | +63.8% | +10.3% | +1.2% | -13.7% | -1.1% | +20.9% | +7.3% | -5.5% | -8.4% |
| YoY Change | — | — | — | — | -56.5% | -36.6% | -70.8% | +29.7% | +63.6% | +49.0% | +36.3% | -4.4% | +5.6% | -4.8% | +57.9% | -4.7% | +4.5% | +10.8% | +21.2% | +12.3% |
Range$2.50B – $8.58B
CAGR-6.4%
Avg YoY Growth+7.1%
Median YoY Growth+8.2%
Current Streak2 quarters decline
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Consumer Banking and Lending | $2.37B | $2.57B | $2.14B | $2.25B | $2.48B | $2.92B | $2.84B | $2.59B |
| Corporate and Investment Banking | $2.38B | $2.66B | $2.11B | $2.59B | $2.32B | $2.62B | $2.19B | $2.41B |
| Commercial Banking | $1.59B | $1.77B | $1.61B | $1.07B | $1.46B | $1.56B | $1.53B | $1.36B |
| Wealth And Investment Management | $679.00M | $708.00M | $678.00M | $503.00M | $641.00M | $789.00M | $877.00M | $623.00M |
| Total | $6.16B | $6.23B | $5.38B | $5.33B | $6.44B | $6.91B | $6.53B | $5.98B |
Pre-Tax Income at Other Companies
Frequently Asked Questions
- What is Wells Fargo & Company's pre-tax income?
- Wells Fargo & Company (WFC) reported pre-tax income of $5.98B in Q1 2026.
- How has Wells Fargo & Company's pre-tax income changed year-over-year?
- Wells Fargo & Company's pre-tax income increased by 12.3% year-over-year, from $5.33B to $5.98B.
- What is the long-term trend for Wells Fargo & Company's pre-tax income?
- Over 4 years (2021 to 2025), Wells Fargo & Company's pre-tax income has grown at a -3.3% compound annual growth rate (CAGR), from $28.82B to $25.20B.
- What does pre-tax income mean?
- The total profit a company made before paying its income taxes.