Wells Fargo Q4 2025 net income rises to $5.4 billion, or $1.62 per share from $1.43
Wells Fargo reported fourth quarter 2025 net income of $5.4 billion, or $1.62 per diluted share, compared with $5.1 billion, or $1.43 per share, a year earlier. Excluding a $612 million severance expense, net income was $5.8 billion, or $1.76 per share. The company also repurchased $5.0 billion of common stock in the quarter and said the results are preliminary until its 10-K is filed.
Key points
- Total revenue was $21,292 million, up 4% from the fourth quarter of 2024 and down 1% from the third quarter of 2025.
- Noninterest expense was $13,726 million, down 1% from a year earlier, and included $612 million of severance expense.
- Common Equity Tier 1 ratio was 10.6% at December 31, 2025, down from 11.1% a year earlier; the company repurchased 58.2 million shares, or $5.0 billion, in the quarter.
- Management scheduled a live conference call for January 14, 2026 at 10:00 a.m. ET.
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 14, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.