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Wells Fargo & Company WFC Wealth And Investment Management — Mortgage banking

Other segment segments

Consumer Banking and Lending
$154M-8.9%
Corporate and Investment Banking
$104M+62.5%
Commercial Banking
$0

Similar metrics at other companies

Meridian logo
MRBKWealth — Mortgage banking income
$0
Fifth Third Bank logo
FITBWealth And Asset Management — Fees and Commissions, Mortgage Banking and Servicing
$0
Stock Yards Bancorp logo
SYBTInvestment Management And Trust — Fees And Commissions Mortgage Banking And Servicing
$0
First Horizon logo
FHNCommercial, Consumer & Wealth — Mortgage banking income
$0
Equity Bancshares logo
EQBKMortgage Banking — Fees And Commissions Mortgage Banking And Servicing
$348K+228%
Meridian logo
MRBKMortgage — Mortgage banking income
$6.07M+6.0%

Other financials

Income statement

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Revenue$22.6B+8.6%
Net income$6.4B+16.6%
EPS (diluted)$2.00+25.0%

Balance sheet

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Cash & equivalents$201.46B+4.3%
Total debt$211.45B-42.6%
Total equity$180.19B-0.5%
Total assets$2.28T+15.2%

Cash flow

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Operating cash flow$6.8B+160%

Valuation

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Market cap$269.65B+8.5%
Enterprise value$279.63B-34.0%
P/E11.9×-0.2×
P/S3.1×+0.1×

Profitability

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Net margin26%+0.9pp

Returns & leverage

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Return on equity12.5%+1.0pp
Debt / equity1.2×-0.9×

Where this comes from

Reported directly by Wells Fargo & Company in its filing.

Tagged under the XBRL concept us-gaap:FeesAndCommissionsMortgageBankingAndServicing.

The source filing: Wells Fargo & Company’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:46 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000072971-26-000302
(in millions)Consumer Banking and LendingCommercial BankingCorporate and Investment BankingWealth and Investment ManagementCorporateReconciling Items (1)Consolidated Company
Interchange and merchant services fees (3)973581511,047
Other card fees175175
Total card fees1,148581511,222
Mortgage banking (4)154104(3)1256
Net gains (losses) from trading activities(1)1,30926591,393
Net gains (losses) from debt securities (4)2(1)1
Net gains from equity securities (4)372808847
Other (4)87462109(6)164(439)377

Cover / Front Matter

FAQ

What is Wells Fargo & Company's wealth and investment management — mortgage banking?
Wells Fargo & Company (WFC) reported wealth and investment management — mortgage banking of -$3M in Q2 2026.
How has Wells Fargo & Company's wealth and investment management — mortgage banking changed year-over-year?
Wells Fargo & Company's wealth and investment management — mortgage banking decreased by 0.0% year-over-year, from -$3M to -$3M.
What is the long-term trend for Wells Fargo & Company's wealth and investment management — mortgage banking?
Over 4 years (2021 to 2025), Wells Fargo & Company's wealth and investment management — mortgage banking has grown at a 2.0% compound annual growth rate (CAGR), from -$12M to -$13M.
What does wealth and investment management — mortgage banking mean?
Includes net income or loss derived from mortgage banking activities, such as loan origination, servicing, and sales, specifically within the wealth management segment. This reflects the segment's role in providing real estate financing solutions to affluent clients. Fluctuations are often driven by interest rate environments and mortgage market demand.

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