Wells Fargo Profit Margin 2010-2024 | WFC
Current and historical gross margin, operating margin and net profit margin for Wells Fargo (WFC) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Wells Fargo net profit margin as of March 31, 2024 is 15.63%.
| Wells Fargo Annual Profit Margins |
| Wells Fargo Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Finance |
Banks - Major Regional |
$207.963B |
$115.340B |
|
Wells Fargo & Company is one of the largest financial services companies in the U.S. The company provides banking, insurance, trust and investments, mortgage banking, investment banking, retail banking, brokerage services and consumer and commercial finance through more than 4,700 retail bank branches, broad automated telling machines (ATMs) network, the Internet and other distribution channels globally. It has 4 segments. Consumer Banking and Lending offers products and services like checking and savings accounts, credit and debit cards, as well as home, auto, personal and small business lending to consumers and small businesses. Commercial Banking provides banking and credit products across industries, and treasury management. Corporate and Investment Banking delivers services related to capital markets, banking and financial products. Wealth and Investment Management provides personalized wealth management, brokerage, financial planning, lending, private banking, trust and fiduciary products and services.
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