v3.26.1
Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest income    
Interest-earning deposits with banks $ 1,268 $ 1,473 [1]
Federal funds sold and securities borrowed or purchased under resale agreements 1,738 1,062 [1]
Trading assets 1,860 1,521 [1]
Available-for-sale and held-to-maturity debt securities 3,544 3,321 [1]
Loans 13,809 13,357
Other interest income 226 239 [1]
Total interest income 22,445 20,973
Interest expense    
Deposits 4,974 5,209
Federal funds purchased and securities loaned or sold under repurchase agreements 2,234 1,252
Trading liabilities 280 241 [1]
Long-term debt 2,386 2,582
Other interest expense 475 194 [1]
Total interest expense 10,349 9,478
Net interest income 12,096 11,495
Noninterest income    
Deposit and lending-related fees 1,712 1,633
Card fees 1,138 1,044
Mortgage banking 201 332
Net gains (losses) from trading and securities 1,523 894
Other 489 802
Total noninterest income 9,350 8,654
Total revenue 21,446 20,149
Provision for credit losses 1,135 932
Noninterest expense    
Personnel 9,593 9,474
Technology, telecommunications and equipment 1,397 1,223
Occupancy 778 761
Professional and outside services 1,066 1,038
Advertising and promotion 369 181
Other 1,127 1,214
Total noninterest expense 14,330 13,891
Income (loss) before income tax expense 5,981 5,326
Income tax expense (benefit) 691 522
Net income (loss) before noncontrolling interests 5,290 4,804
Net income (loss) from noncontrolling interests 37 (90)
Wells Fargo net income (loss) 5,253 4,894
Preferred stock dividends and other 253 278
Wells Fargo net income (loss) applicable to common stock $ 5,000 $ 4,616
Per share information    
Earnings per common share (in dollars per share) $ 1.62 $ 1.41
Diluted earnings per common share (in dollars per share) $ 1.60 $ 1.39
Average common shares outstanding (in shares) 3,080.0 3,280.4
Diluted average common shares outstanding (in shares) 3,117.7 3,321.6
Investment advisory and other asset-based fees [Member]    
Noninterest income    
Fee income $ 2,824 $ 2,536
Commissions and brokerage services fees [Member]    
Noninterest income    
Fee income 667 638
Investment banking fees [Member]    
Noninterest income    
Fee income $ 796 $ 775
[1] In fourth quarter 2025, we changed the presentation of certain items on our consolidated balance sheet, including trading assets and liabilities and short-term borrowings, with corresponding changes to our consolidated statement of income. Prior period balances have been revised to conform with the current period presentation. For additional information, see Note 1 (Summary of Significant Accounting Policies) in this report