Short answer
Wells Fargo & Co (WFC) filed its fiscal 2024 10-K annual report with the SEC on Feb 25, 2025. It reported revenue of $82.3B (−0.4% year over year) and net income of $19.7B.
FY2024 key financial metrics · XBRL
- Revenue
- $82.3B
- −0.4% YoY
- Net income
- $19.7B
- +3.0% YoY
- EPS (diluted)
- $5.37
- +11.2% YoY
- ROE
- 11.0%
- +0.7 pp YoY
- Operating cash flow
- $3.0B
- −92.5% YoY
Source: XBRL data from the Wells Fargo & Co (WFC) FY2024 10-K on SEC EDGAR. USD.
Wells Fargo & Co FY2024 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Core business: diversified financial services including consumer and commercial banking, investment, mortgage, and wealth management across U.S. and international markets
- Operating segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; Wealth and Investment Management, emphasized for 2024 reporting
- Employee development spend increased to $200 million in 2024, supporting training, compliance, leadership, and reimbursed tuition for 2,600 employees
- Workforce demographic notable: 217,000 employees, 77% U.S.-based, 51% female globally, 48% U.S. racially/ethnically diverse
- On June 21, 2024, regulators declared Wells Fargo’s resolution ("living will") plan free of deficiencies, a significant regulatory milestone this year
Generated from the filing text; verify against the original. How to read a 10-K
Other Wells Fargo & Co annual reports
Ask about this 10-K
Compare years, dig into a risk factor or check the numbers against insider trades and fund holders.