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Saturday 17 October 2026 Export WFC’s income statement to Excel — free account

Wells Fargo & Company

WFC Financial Banks Diversified

Wells Fargo & Company’s revenue for fiscal 2025 (year ended December 2025) was $123.5 billion, down 1.49% from fiscal 2024. In the quarter to September 2026, revenue grew 4.25%, EPS grew 17.2%, free cash flow grew 160.4% and total debt rose 2.86%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years.

83.60 0.85 +1.03%
Market cap
$248.4B
P/E
11.5×
Fwd P/E
11.7×
Dividend yield
2.21%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Wells Fargo & Company (WFC) Debt to equity

Alert me on Debt to equity

Wells Fargo & Company's debt to equity at the end of the quarter to 30 September 2026 was 1.0×, up 0.1× from fiscal 2025 (1.0×). Over the past ten years it has ranged from 0.8× (fiscal 2021) to 1.3× (fiscal 2016); the current reading is higher than 18% of that period. That is below the Banks Diversified industry median of 1.4× and above the Financial sector median of 0.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 1.0× (0.15%)
FY2024 1.0× (13.69%)
FY2023 1.1× 15.40%
FY2022 1.0× 13.55%
FY2021 0.8× (26.29%)
FY2020 1.1× (5.54%)
FY2019 1.2× 4.44%
FY2018 1.2× 7.48%
FY2017 1.1× (15.00%)
FY2016 1.3× 23.62%

Quarterly newest first

Period Debt to equity Change
Sep 2026 1.0× 2.90%
Jun 2026 1.0× (2.07%)
Mar 2026 1.0× 6.87%
Dec 2025 1.0× (1.74%)
43 more quarters

Against its own ten years

Low 0.8× High 1.3×
Ten-year median 1.1×
Current reading's percentile 18

Debt to equity against peers

Company Debt to equity
HSBC HSBC Holdings plc compare 0.7×
WFC Wells Fargo & Company 1.0×
BAC Bank of America Corporation compare 1.1×
MUFG Mitsubishi UFJ Financial Group, Inc. compare 1.1×
C Citigroup Inc. compare 1.6×
SMFG Sumitomo Mitsui Financial Group Inc compare 1.7×
BBVA Banco Bilbao Viscaya Argentaria S.A. compare 1.8×
UBS UBS Group AG compare 3.8×
SAN Banco Santander, S.A. compare 3.9×
Banks Diversified industry median 1.4×
Financial sector median 0.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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