Operating Expenses
Professional fees
Wells Fargo & Company Professional fees decreased by 13.8% to $1.07B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.7%, from $1.04B to $1.07B. Over 4 years (FY 2021 to FY 2025), Professional fees shows a downward trend with a -5.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
A significant increase may indicate high levels of M&A activity, litigation, or complex restructuring efforts.
Detailed definition
Encompasses payments made to third-party service providers, including legal counsel, accounting firms, and management co...
Peer comparison
Standard operating expense line item found in the SG&A section of the income statement.
Metric ID:
professional_feesHistorical 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 | $1.45B | $1.42B | $1.47B | $1.29B | $1.31B | $1.24B | $1.36B | $1.23B | $1.30B | $1.31B | $1.24B | $1.10B | $1.14B | $1.13B | $1.24B | $1.04B | $1.09B | $1.18B | $1.24B | $1.07B |
| QoQ Change | — | -2.3% | +3.6% | -12.4% | +1.9% | -5.7% | +9.9% | -9.4% | +6.1% | +0.5% | -5.2% | -11.4% | +3.5% | -0.8% | +9.5% | -16.1% | +4.9% | +8.1% | +5.0% | -13.8% |
| YoY Change | — | — | — | — | -9.7% | -12.8% | -7.6% | -4.4% | -0.5% | +6.1% | -8.5% | -10.4% | -12.7% | -13.7% | -0.4% | -5.7% | -4.4% | +4.2% | -0.1% | +2.7% |
Range$1.04B – $1.47B
CAGR-6.3%
Avg YoY Growth-4.9%
Median YoY Growth-5.1%
Professional fees at Other Companies
Frequently Asked Questions
- What is Wells Fargo & Company's professional fees?
- Wells Fargo & Company (WFC) reported professional fees of $1.07B in Q1 2026.
- How has Wells Fargo & Company's professional fees changed year-over-year?
- Wells Fargo & Company's professional fees increased by 2.7% year-over-year, from $1.04B to $1.07B.
- What is the long-term trend for Wells Fargo & Company's professional fees?
- Over 4 years (2021 to 2025), Wells Fargo & Company's professional fees has grown at a -5.6% compound annual growth rate (CAGR), from $5.72B to $4.54B.
- What does professional fees mean?
- The total cost of external legal, accounting, and consulting services.