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Wells Fargo profit margin WFC

Gross, operating and net profit as a share of revenue over the last twelve months, from 1995.

Net margin, 12 months
26.3%
Net margin on a year earlier
+0.9 pts
Peer median
27.6%

Over the twelve months to Sep 30, 2026, Wells Fargo kept 26.3% of its revenue as net profit.

Five years earlier its net margin was 24.9%.

The median for 4 diversified banks of a similar size is 27.6%.

Profit margin over time

Net

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet margin
FY202525.5%
FY202424.0%
FY202323.2%
FY202218.0%
FY202127.5%
FY20204.1%
FY201923.0%
FY201825.9%
FY201725.1%
FY201624.9%
FY201526.6%
FY201427.3%
FY201326.1%
FY201222.0%
FY201119.6%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a year
Q3 FY2626.3%+0.9 pts
Q2 FY2626.0%+0.9 pts
Q1 FY2625.5%+1.0 pts
Q4 FY2525.5%+1.5 pts
Q3 FY2525.4%+3.5 pts
Q2 FY2525.2%+2.6 pts
Q1 FY2524.5%+1.8 pts
Q4 FY2424.0%+0.8 pts
Q3 FY2422.0%−0.6 pts
Q2 FY2422.6%+2.3 pts
Q1 FY2422.7%+3.8 pts
Q4 FY2323.2%+5.2 pts

Against its peers

Companies in Banks - Diversified nearest Wells Fargo's size, closest first, today.

CompanyProfit margin
WFCWells Fargo26.3%
CCitigroup20.8%
BACBank of American/m
USBU.S. Bancorp27.6%
JPMJPMorgan Chase32.5%
Peer median27.6%

Where Wells Fargo ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Wells Fargo

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.