Wells FargoMEX:WFC 65 Pretax Margin % is 27.89% as of Mar. 2026, which is 7% below its 10-year median of 30.01. GuruFocus rates MEX:WFC with a GF Score™ of 65/100 and a GF Value™ of MXN1,328.19 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,527 Banks companies, Wells Fargo ranks worse than 61.36% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Wells Fargo's Pre-Tax Income for the
three
months ended in Mar. 2026 was MXN107,854 Mil. Wells Fargo's Revenue for the
three
months ended in Mar. 2026 was MXN386,729 Mil. Therefore, Wells Fargo's pretax margin for the quarter that ended in Mar. 2026 was 27.89%.
The historical rank and industry rank for Wells Fargo's Pretax Margin % or its related term are showing as below:
MEX:WFC'
s Pretax Margin % Range Over the Past 10 Years
Min: 3.37 Med: 30.01 Max: 37.34
Current: 30.51
MEX:WFC's Pretax Margin % is ranked worse than 61.36% of 1527
companies
in the Banks industry
Industry Median: 34.88
vs MEX:WFC: 30.51
Wells Fargo (MEX:WFC) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Wells Fargo Pretax Margin % Related Terms
Wells Fargo Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Wells Fargo's Pretax Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:WFC vs C, BAC, BNY: Pretax Margin % Comparison
For the Banks - Diversified subindustry, Wells Fargo's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Wells Fargo Pretax Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Wells Fargo's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Wells Fargo's Pretax Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Wells Fargo (MEX:WFC) has a Pretax Margin % of 27.89% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Wells Fargo and its competitors. This is near median its historical median of 30.01. Over the past decade, Wells Fargo's Pretax Margin % has ranged from 3.37 to 37.34. According to the industry distribution chart, Wells Fargo ranks #937 out of 1527 companies in the Banks industry, placing it in the top 61.4%.
Is Wells Fargo's Pretax Margin % too high?
Wells Fargo's current Pretax Margin % of 27.89% is near median its 10-year median of 30.01. Over the past 10 years, this metric has ranged from a low of 3.37 to a high of 37.34. The Banks industry median Pretax Margin % is 34.88. Wells Fargo's value of 27.89% is 20% below this industry median. Based on the distribution chart, Wells Fargo ranks #937 out of 1527 companies in the Banks industry, which is below the industry midpoint. Overall, Wells Fargo has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wells Fargo's Pretax Margin % compare to C and BAC?
According to the Banks industry distribution chart, Wells Fargo ranks #937 out of 1527 companies for Pretax Margin %. This places Wells Fargo in the lower half of its industry. The industry median Pretax Margin % is 34.88. Wells Fargo's value of 27.89% is 20% below this benchmark. Historically, Wells Fargo's own Pretax Margin % has ranged from 3.37 to 37.34 over the past decade. While the company's 10-year median is 30.01 vs. the industry median of 34.88, Wells Fargo has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Banks company?
The median Pretax Margin % among Banks companies is 34.88, based on 1,527 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wells Fargo's current Pretax Margin % of 27.89% is 20% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Wells Fargo and its competitors. For the Banks industry, the median Pretax Margin % is 34.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wells Fargo's current Pretax Margin % is 27.89%, which is near median its own 10-year median of 30.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wells Fargo stock overvalued right now?
Based on GuruFocus' analysis, Wells Fargo (MEX:WFC) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN1,328.19, compared to a current price of MXN1,470.00 — trading 10.7% above its estimated fair value. The current Pretax Margin % is 27.89%, which is near median its 10-year median of 30.01 and 20% below the Banks industry median of 34.88. Wells Fargo's overall GF Score™ is 65/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Wells Fargo (MEX:WFC), the current Pretax Margin % is 27.89% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Wells Fargo (MEX:WFC) Overvalued in 2026?
Based on GuruFocus' analysis, Wells Fargo stock appears to be overvalued.
The current stock price of MXN1,470.00 is trading 10.7% above its estimated GF Value™ of MXN1,328.19.
GuruFocus considers Wells Fargo to be Modestly Overvalued.
Key valuation signals for MEX:WFC:
Pretax Margin %: 27.89% (near median its 10-year median of 30.01)
GF Value™: MXN1,328.19 vs. price of MXN1,470.00 (10.7% above fair value)
Industry Position: 20% below the Banks median (#937 of 1527)
No single metric tells the full story. See the MEX:WFC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wells Fargo is a premier, North American-focused banking titan that commands a $2.2 trillion balance sheet and the third-highest deposit market share in the United States. The bank uses a dense, expansive network of 4,093 branches to champion retail consumers and the middle market, where the firm has built a particularly strong reputation. Following the removal of its federal asset cap in 2025, the firm is set to deploy its legacy excess liquidity to expand each of its four segments: consumer & business lending, commercial banking, corporate & investment banking, and wealth & investment management.
65GF Score
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