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Wells Fargo & Company WFC Return on equity

Return on equity at other companies

Caterpillar logo
CaterpillarCAT
43.5%-11.8pp
JPMorgan Chase logo
JPMorgan ChaseJPM
16.5%-0.9pp
U.S. Bancorp logo
U.S. BancorpUSB
12.4%+0.8pp
Bank of America logo
Bank of AmericaBAC
10.7%+1.2pp
Truist Financial logo
Truist FinancialTFC
8.2%
PNC Financial Services logo
PNC Financial ServicesPNC
12.1%+0.8pp

Other financials

Income statement

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Revenue$21.4B+6.4%
Net income$5.3B+7.3%
EPS (diluted)$1.60+15.1%

Balance sheet

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Cash & equivalents$173.27B-1.7%
Total debt$220.37B-30.7%
Total equity$178.40B-1.5%
Total assets$2.21T+13.1%

Cash flow

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Operating cash flow$9.1B+183%

Valuation

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Market cap$256.47B+4.4%
Enterprise value$303.57B-22.4%
P/E11.8×-0.5×
P/S0.0×

Profitability

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Net margin25.5%+1.0pp

Returns & leverage

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Debt / equity1.2×-0.5×

Where this comes from

Calculated from Wells Fargo & Company’s reported figures.

Based on trailing twelve months.

The official record: Wells Fargo & Company’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Wells Fargo & Company's return on equity?
Wells Fargo & Company (WFC) reported return on equity of 12.1% in Q1 2026.
How has Wells Fargo & Company's return on equity changed year-over-year?
Wells Fargo & Company's return on equity increased by 9.3% year-over-year, from 11% to 12.1%.
What is the long-term trend for Wells Fargo & Company's return on equity?
Over 4 years (2021 to 2025), Wells Fargo & Company's return on equity has grown at a 7.0% compound annual growth rate (CAGR), from 35.1% to 46%.
What does return on equity mean?
How much profit the company earns on the money shareholders have invested.
How do you interpret return on equity?
Higher is better, but very high ROE can be manufactured by leverage — a thin equity base inflates the ratio. Read it next to debt-to-equity and ROIC to tell genuine returns from balance-sheet engineering.
How does return on equity compare across companies?
Comparable across peers, with the leverage caveat. Negative or near-zero equity makes ROE meaningless, so it is suppressed there.