• Wells Fargo average pre-tax profit margin for 2023 was 18.82%, a 31.89% decline from 2022.
• Wells Fargo average pre-tax profit margin for 2022 was 27.63%, a 8.44% decline from 2021.
• Wells Fargo average pre-tax profit margin for 2021 was 25.48%, a 204.06% increase from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.