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$ 2.62BIncome Tax Expense
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Market
1
Sector
2
Industry
38
History
75
$ 77.62Close
$ 57.75 - $ 85.16 52-Week Range
Ticker Information

Ticker

WFC

Company Name

WELLS FARGO & COMPANY

Sector

Financial Services

Industry

Banks - Diversified

Exchange

NYSE

WELLS FARGO & COMPANY - Income Tax Expense Chart Analysis (TTM)

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WFC - Inc. Tax Exp. Historical data
DateIncome Tax Expense
6/30/2025$ 2.62B
3/31/2025$ 2.96B
12/31/2024$ 3.4B
9/30/2024$ 3.18B
6/30/2024$ 2.93B
3/31/2024$ 2.6B
12/31/2023$ 2.61B
9/30/2023$ 2.58B
6/30/2023$ 2.66B
3/31/2023$ 2.35B
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Key Performance Insights, Last 5 Years

  • WELLS FARGO & COMPANY's latest trailing twelve months (TTM) Inc. Tax Exp. stands at $ -2.44B.
  • Over the past 5 years, WELLS FARGO & COMPANY's average Inc. Tax Exp. has been $ 2.35B.
  • The median Inc. Tax Exp. for WELLS FARGO & COMPANY during this period was $ 2.64B
  • WELLS FARGO & COMPANY reached its highest Inc. Tax Exp. over the past 5 years at $ 5.58B.
  • The lowest Inc. Tax Exp. recorded by WELLS FARGO & COMPANY in the same timeframe $ -3B

WELLS FARGO & COMPANY's Inc. Tax Exp. vs. competitors

We picked the following companies as peers based on multiple factors, including sector, industry, market capitalization and revenue

Inc. Tax Exp. Benchmarks
CompanyInc. Tax Exp.
C : CITIGROUP INC $ 4.55BRY : ROYAL BANK OF CANADA $ 3.54BBAC : BANK OF AMERICA CORP $ 2.16BMS : MORGAN STANLEY $ 4.4BAXP : AMERICAN EXPRESS CO $ 2.69BPGR : PROGRESSIVE CORP $ 2.7BGS : GOLDMAN SACHS GROUP INC $ 4.29BBN : BROOKFIELD CORP $ 914MBMO : BANK OF MONTREAL $ 2.04BBNS : BANK OF NOVA SCOTIA $ 1.9B

Definition of Income Tax Expense

[Income Statement] Income tax expense is the total amount of expense (benefit) that the company recognizes for the government tax in the period.

WFC - Income Tax Expense, Last 5 years

$ -3B

Minimum

Dec 31, 2020

$ 5.58B

Maximum

Dec 31, 2021

$ 2.35B

Average

$ 2.64B

Median

Inc. Tax Exp. Benchmark Analysis

The chart above depicts the distribution of Inc. Tax Exp. for companies in the Total Stock Market. The average Inc. Tax Exp. of the companies is $ 2.61M with a standard deviation of $ 6.67M.
The following table provides additional summary stats:
Inc. Tax Exp. in the Market:
filtered constituents2.81K
min$ -21.71M
max$ 25.77M
average$ 2.61M
median$ 42K
std$ 6.67M