Wells Fargo reported fourth-quarter 2025 net income of $5.4 billion, or $1.62 per diluted share, up from $5.1 billion and $1.43 a year earlier, reflecting improved profitability and solid business momentum. Excluding a notable severance expense, net income reached $5.8 billion, or $1.76 per share. Quarterly revenue rose to $21.3 billion, while expenses and credit provisions declined year on year.

The bank delivered a return on equity of 12.3% and return on tangible common equity of 14.5%, alongside growth in average loans and deposits across both consumer and commercial segments. During the quarter, Wells Fargo repurchased $5.0 billion of common stock, underscoring its strong capital position.