Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of Wells Fargo & Company

WFC · NYSE · Financial

Fundamental quality

ATTRACTIVE

79

out of 100

Wells Fargo & Company is a mature, stable business: it earns money solidly (net margin 25.5%) but grows slowly (2.6% a year). On fundamental quality it scores 79 out of 100, profiling it as a company with solid fundamentals. Its weakest area is its financial strength. Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Wells Fargo is one of the largest banks in the U.S., heavily focused on traditional banking: mortgages, loans and deposits for individuals and businesses. It's emerging from years of regulatory problems that capped its growth.

What will shape its future

  • The possible lifting of the asset cap regulators imposed, which would unlock growth.
  • Interest rates and the health of the economy (defaults), key to its profit.
  • Its cost control and the rebuilding of its reputation after past scandals.

Breakdown by area

I.Growth
87

EPS growth: 42.6% · Revenue growth: 2.6%

II.Profitability
80

Net margin: 25.5% · ROE: 12.2%

III.Financial health
68

Capital strength: 8.1%

For banks and financials, net debt/EBITDA and free cash flow don't apply (debt is their business). We use capital strength: equity over total assets. The higher it is, the bigger the cushion against losses.

Source: SEC EDGAR · TTM through 31/03/2026

The score includes +1 for dividend strength: 4 consecutive years of increases. Keeping that streak demands growing cash generation and balance-sheet discipline.

The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its financial strength drags it down the most.

Versus its sector

Percentile against the other 71 Financial companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 74%
ROEbeats 39%
Growthbeats 12%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Why isn't a bank measured like other companies? Read the how to analyze a bank guide.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Wells Fargo & Company strengths

  • Expanding margins: net margin has risen from 5% to 25% in recent years.
  • Growing earnings per share (42.6% annualized).
  • Exceptional net margin (25.5%): the business is clearly profitable.

Wells Fargo & Company risks and weaknesses

  • Its net debt has grown over the period.
  • Weak revenue growth (2.6% annualized).

Wells Fargo & Company historical evolution

YearRevenueNet incomeFree cash flowNet debt
202074,2643,3777,337
202179,16622,109-39,132
202274,36813,67766,858
202382,59719,14261,095
202482,29619,722-26,120
202583,69921,33820,442

Between 2020 and 2025, revenue went from $74,264M to $83,699M (+13%) and net income went from $3,377M to $21,338M (+532%). Meanwhile, its margins have widened (from 5% to 25%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the quarter ended March 31, 2026, versus the quarter ended March 31, 2025 (SEC filings):

  • Revenue+6.4%
  • Net income+7.3%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

$1.7

per share, yearly

25.5% of earnings

Payout

at least 4 straight years raising it

Growth

That is what we can verify in the SEC filings, whose structured data only starts in 2008 and which many companies begin tagging later. The real streak may be considerably longer.

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

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Is Wells Fargo & Company cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →

Frequently asked questions

Is Wells Fargo & Company a good company to invest in?

In terms of business quality, Wells Fargo & Company scores 79 out of 100 in our analysis, placing it as a company of high fundamental quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Wells Fargo & Company a profitable company?

Very. Wells Fargo & Company shows a net margin of 25.5% and an ROE of 12.2%, typical of a highly profitable business.

Is Wells Fargo & Company growing?

Its revenue has grown 2.6% annualized in recent years and its earnings per share 42.6%.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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