Wells Fargo & Company WFC Tax Credit Carryforward Valuation Allowance

Tax Credit Carryforward Valuation Allowance at other companies

CaterpillarCAT

$840M-3.9%

CitigroupC

$4.98B+15.1%

Morgan StanleyMS

$229M+7.0%

FAQ

What is Wells Fargo & Company's tax credit carryforward valuation allowance?

Wells Fargo & Company (WFC) reported tax credit carryforward valuation allowance of $314M in Q4 2025.

How has Wells Fargo & Company's tax credit carryforward valuation allowance changed year-over-year?

Wells Fargo & Company's tax credit carryforward valuation allowance increased by 93.8% year-over-year, from $162M to $314M.

What is the long-term trend for Wells Fargo & Company's tax credit carryforward valuation allowance?

Over 5 years (2020 to 2025), Wells Fargo & Company's tax credit carryforward valuation allowance has grown at a 0.3% compound annual growth rate (CAGR), from $310M to $314M.

What does tax credit carryforward valuation allowance mean?

This is a contra-asset account that reduces the carrying value of tax credit carryforwards when it is more likely than not that some or all of the credits will not be realized. It reflects management's assessment of the company's ability to generate sufficient future taxable income. A high allowance suggests uncertainty regarding the realization of tax benefits.