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Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Interest income      
Interest-earning deposits with banks [1] $ 5,757 $ 9,182 $ 6,973
Federal funds sold and securities borrowed or purchased under resale agreements [1] 5,046 4,021 3,374
Trading assets [1] 6,698 5,541 4,228
Available-for-sale and held-to-maturity debt securities [1] 13,975 13,001 12,320
Loans 54,737 57,895 57,155
Other interest income [1] 1,101 1,137 1,068
Total interest income 87,314 90,777 85,118
Interest expense      
Deposits 20,449 24,282 16,503
Federal funds purchased and securities loaned or sold under repurchase agreements [1] 6,907 4,766 3,313
Trading liabilities [1] 1,042 820 643
Long-term debt 10,268 12,463 11,572
Other interest expense [1] 1,164 770 712
Total interest expense 39,830 43,101 32,743
Net interest income 47,484 47,676 52,375
Noninterest income      
Deposit and lending-related fees 6,613 6,515 6,140
Card fees 4,589 4,342 4,256
Mortgage banking 1,152 1,047 829
Net gains (losses) from trading and securities [1] 5,247 5,516 4,448
Other [1] 2,533 2,239 1,855
Total noninterest income 36,215 34,620 30,222
Total revenue 83,699 82,296 82,597
Provision for credit losses 3,658 4,334 5,399
Noninterest expense      
Personnel 36,281 35,729 35,829
Technology, telecommunications and equipment 5,203 4,583 3,920
Occupancy 3,151 3,052 2,884
Professional and outside services 4,540 4,607 5,085
Advertising and promotion 1,094 869 812
Other [2] 4,573 5,758 7,032
Total noninterest expense 54,842 54,598 55,562
Income (loss) before income tax expense 25,199 23,364 21,636
Income tax expense (benefit) 3,841 3,399 2,607
Net income (loss) before noncontrolling interests 21,358 19,965 19,029
Net income (loss) from noncontrolling interests 20 243 (113)
Wells Fargo net income (loss) 21,338 19,722 19,142
Preferred stock dividends and other 1,053 1,116 1,160
Wells Fargo net income (loss) applicable to common stock $ 20,285 $ 18,606 $ 17,982
Per share information      
Earnings per common share (in dollars per share) $ 6.34 $ 5.43 $ 4.88
Diluted earnings per common share (in dollars per share) $ 6.26 $ 5.37 $ 4.83
Average common shares outstanding (in shares) 3,201.8 3,426.1 3,688.3
Diluted average common shares outstanding (in shares) 3,242.3 3,467.6 3,720.4
Investment advisory and other asset-based fees [Member]      
Noninterest income      
Fee income $ 10,498 $ 9,775 $ 8,670
Commissions and brokerage services fees [Member]      
Noninterest income      
Fee income 2,556 2,521 2,375
Investment banking fees [Member]      
Noninterest income      
Fee income $ 3,027 $ 2,665 $ 1,649
[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. In connection with these changes, we reclassified the gains (losses) related to our physical commodities inventory, including the related hedging impacts, from other noninterest income to net gains from trading activities. Prior period balances have been revised to conform with the current period presentation. For additional information, see Note 1 (Summary of Significant Accounting Policies).
[2]
(2)In fourth quarter 2025, we reclassified operating losses into other noninterest expense. Prior period balances have been revised to conform with the current period presentation.