Wells Financial Statements From 2010 to 2024

WFC Stock  USD 58.74  1.56  2.73%   
Wells Fargo financial statements provide useful quarterly and yearly information to potential Wells Fargo investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Wells Fargo financial statements helps investors assess Wells Fargo's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Wells Fargo's valuation are summarized below:
Gross Profit
72.2 B
Profit Margin
0.2419
Market Capitalization
197.5 B
Revenue
77.6 B
Earnings Share
4.8
We have found one hundred twenty available fundamental gauges for Wells Fargo, which can be analyzed and compared to other ratios and to its peers. Investors should ensure to confirm all of Wells Fargo's prevalent performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 289.4 B. The current year's Enterprise Value is expected to grow to about 311.8 B

Wells Fargo Total Revenue

49.59 Billion

Check Wells Fargo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wells main balance sheet or income statement drivers, such as Interest Expense of 34.4 B, Other Operating Expenses of 58.3 B or Operating Income of 17.1 B, as well as many exotic indicators such as Price To Sales Ratio of 2.18, Dividend Yield of 0.0235 or PTB Ratio of 0.93. Wells financial statements analysis is a perfect complement when working with Wells Fargo Valuation or Volatility modules.
  
This module can also supplement Wells Fargo's financial leverage analysis and stock options assessment as well as various Wells Fargo Technical models . Check out the analysis of Wells Fargo Correlation against competitors.
For information on how to trade Wells Stock refer to our How to Trade Wells Stock guide.

Wells Fargo Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding3.5 B3.7 B4.4 B
Pretty Stable
Total Assets979.5 B1.9 T1.6 T
Slightly volatile
Short and Long Term Debt Total159 B219.5 B229.9 B
Slightly volatile
Total Current Liabilities67.6 B71.2 B55.9 B
Pretty Stable
Total Stockholder Equity96.8 B185.7 B164.8 B
Slightly volatile
Property Plant And Equipment Net19.1 B18.2 B10.3 B
Slightly volatile
Retained Earnings211.2 B201.1 B134 B
Slightly volatile
Cash249.1 B237.2 B119.8 B
Slightly volatile
Non Current Assets Total41.6 B43.8 B418.7 B
Pretty Stable
Other Assets1.9 T1.8 TT
Slightly volatile
Cash And Short Term Investments129.5 B113.5 B225.7 B
Pretty Stable
Net Receivables56.4 B53.7 B22.8 B
Slightly volatile
Liabilities And Stockholders Equity979.5 B1.9 T1.6 T
Slightly volatile
Non Current Liabilities Total114 B207.6 B165.2 B
Pretty Stable
Total Liabilities882.1 B1.7 T1.4 T
Slightly volatile
Total Current Assets169.9 B113.5 B246.5 B
Pretty Stable
Short Term Debt11.3 B11.9 B54.3 B
Pretty Stable
Property Plant And Equipment Gross11 B18.2 B15.5 B
Slightly volatile
Other Current Assets625.2 B470.9 B706.1 B
Pretty Stable
Common Stock Total Equity7.6 B10.5 B8.7 B
Slightly volatile
Other Liabilities111.2 M117 M24.8 B
Slightly volatile
Accounts Payable59 B62.2 B222.2 B
Very volatile
Long Term Debt159.4 B207.6 B181.2 B
Slightly volatile
Good Will22.6 B25.2 B24.5 B
Slightly volatile
Short Term Investments166 B125.5 B210.5 B
Very volatile
Preferred Stock Total Equity17 B22.4 B18.3 B
Slightly volatile
Intangible Assets11.9 B8.5 B12.9 B
Slightly volatile
Property Plant Equipment9.3 B9.6 B9.5 B
Pretty Stable
Net Tangible Assets149.4 B155.6 B136.9 B
Slightly volatile
Long Term Debt Total217.9 B224.2 B196.4 B
Slightly volatile
Capital Surpluse65.8 B69.4 B60.9 B
Slightly volatile
Long Term Investments702.2 B480.2 B862.9 B
Slightly volatile
Short and Long Term Debt11.3 B11.9 B124.6 B
Slightly volatile
Earning Assets899.4 BT809.5 B
Slightly volatile
Capital Lease Obligations20.9 M19 M18.1 M
Slightly volatile
Net Invested Capital316.2 B385.7 B402 B
Slightly volatile
Capital Stock24 B25.7 B30.6 B
Slightly volatile

Wells Fargo Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses58.3 B55.6 B50.4 B
Slightly volatile
Operating Income17.1 B21.6 B25 B
Pretty Stable
EBIT17.1 B21.6 B25 B
Pretty Stable
EBITDA27.4 B43.3 B47.6 B
Pretty Stable
Net Income20.1 B19.1 B17.1 B
Pretty Stable
Depreciation And Amortization11.5 B21.6 B22.7 B
Very volatile
Selling General Administrative4.8 B5.1 B17.5 B
Slightly volatile
Total Revenue49.6 B82.6 B74.4 B
Pretty Stable
Gross Profit49.6 B82.6 B74.4 B
Pretty Stable
Income Before Tax14.8 B21.6 B23.3 B
Pretty Stable
Cost Of Revenue8.2 B14.8 B10.7 B
Slightly volatile
Net Income Applicable To Common Shares13.6 B13.9 B16.1 B
Very volatile
Selling And Marketing Expenses771.4 M812 M1.7 B
Slightly volatile
Net Income From Continuing Ops15.2 B17.9 B18.7 B
Pretty Stable
Preferred Stock And Other Adjustments1.5 B1.3 B1.3 B
Slightly volatile
Net Interest Income36.8 B53 B45.1 B
Pretty Stable
Interest Income62.8 B80.1 B54.9 B
Slightly volatile
Reconciled Depreciation7.5 B6.4 B6.2 B
Slightly volatile

Wells Fargo Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow167.1 B159.2 B113 B
Slightly volatile
Depreciation3.3 B6.3 B4.7 B
Slightly volatile
Net Income10.7 B19 B17.5 B
Very volatile
End Period Cash Flow247.9 B236.1 B119.8 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.182.19792.5389
Very volatile
Dividend Yield0.02350.03270.0319
Very volatile
PTB Ratio0.930.97741.206
Slightly volatile
Days Sales Outstanding180237108
Slightly volatile
Book Value Per Share52.8850.357937.7715
Slightly volatile
Invested Capital1.121.18161.623
Slightly volatile
PB Ratio0.930.97741.206
Slightly volatile
EV To Sales1.881.9834.1387
Slightly volatile
ROIC0.08490.0470.0581
Slightly volatile
Net Income Per Share5.455.18993.709
Slightly volatile
Sales General And Administrative To Revenue0.05850.06160.1126
Slightly volatile
Cash Per Share10398.349972.8843
Slightly volatile
Interest Coverage0.630.66084.0825
Slightly volatile
Payout Ratio0.390.30980.564
Pretty Stable
ROE0.150.10310.1089
Slightly volatile
PE Ratio11.289.483815.2017
Pretty Stable
Return On Tangible Assets0.01330.01010.0107
Slightly volatile
Earnings Yield0.08490.10540.0856
Pretty Stable
Intangibles To Total Assets0.01660.01740.0233
Slightly volatile
Current Ratio1.511.59365.4362
Pretty Stable
Tangible Book Value Per Share43.7741.688630.2828
Slightly volatile
Receivables Turnover2.881.53744.5917
Slightly volatile
Graham Number80.5276.684155.0411
Slightly volatile
Shareholders Equity Per Share52.8850.357937.7715
Slightly volatile
Debt To Equity1.121.18161.623
Slightly volatile
Revenue Per Share23.5122.394316.9158
Slightly volatile
Interest Debt Per Share71.868.382254.4547
Slightly volatile
Debt To Assets0.220.11360.156
Pretty Stable
Enterprise Value Over EBITDA6.663.78517.0874
Very volatile
Price Earnings Ratio11.289.483815.2017
Pretty Stable
Price Book Value Ratio0.930.97741.206
Slightly volatile
Dividend Payout Ratio0.390.30980.564
Pretty Stable
Pretax Profit Margin0.220.26190.2976
Slightly volatile
Ebt Per Ebit0.480.90.7839
Pretty Stable
Operating Profit Margin0.250.26190.383
Slightly volatile
Effective Tax Rate0.110.12050.2506
Slightly volatile
Company Equity Multiplier12.7810.404410.5661
Pretty Stable
Long Term Debt To Capitalization0.650.52780.5269
Pretty Stable
Total Debt To Capitalization0.750.54160.6042
Pretty Stable
Return On Capital Employed0.0110.01160.0209
Slightly volatile
Debt Equity Ratio1.121.18161.623
Slightly volatile
Ebit Per Revenue0.250.26190.383
Slightly volatile
Quick Ratio5.125.84849.424
Pretty Stable
Net Income Per E B T0.550.88470.7112
Slightly volatile
Cash Ratio3.53.33133.5067
Slightly volatile
Days Of Sales Outstanding180237108
Slightly volatile
Price To Book Ratio0.930.97741.206
Slightly volatile
Fixed Asset Turnover5.384.52937.9581
Pretty Stable
Enterprise Value Multiple6.663.78517.0874
Very volatile
Debt Ratio0.220.11360.156
Pretty Stable
Price Sales Ratio2.182.19792.5389
Very volatile
Return On Assets0.0130.00990.0105
Slightly volatile
Asset Turnover0.06710.04270.0491
Slightly volatile
Net Profit Margin0.150.23180.2108
Pretty Stable
Price Fair Value0.930.97741.206
Slightly volatile
Return On Equity0.150.10310.1089
Slightly volatile

Wells Fargo Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap289.4 B275.6 B266 B
Slightly volatile
Enterprise Value311.8 B296.9 B375.5 B
Pretty Stable

Wells Fundamental Market Drivers

Forward Price Earnings11.8343
Cash And Short Term Investments113.5 B

Wells Upcoming Events

12th of April 2024
Upcoming Quarterly Report
View
12th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
10th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Wells Fargo Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Wells Fargo income statement, its balance sheet, and the statement of cash flows. Wells Fargo investors use historical funamental indicators, such as Wells Fargo's revenue or net income, to determine how well the company is positioned to perform in the future. Although Wells Fargo investors may use each financial statement separately, they are all related. The changes in Wells Fargo's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Wells Fargo's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Wells Fargo Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Wells Fargo. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Revenue82.6 B49.6 B
Cost Of Revenue14.8 B8.2 B
Stock Based Compensation To Revenue 0.08  0.07 
Sales General And Administrative To Revenue 0.06  0.06 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue 0.01  0.01 
Revenue Per Share 22.39  23.51 
Ebit Per Revenue 0.26  0.25 

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When determining whether Wells Fargo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wells Fargo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wells Fargo Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wells Fargo Stock:
Check out the analysis of Wells Fargo Correlation against competitors.
For information on how to trade Wells Stock refer to our How to Trade Wells Stock guide.
Note that the Wells Fargo information on this page should be used as a complementary analysis to other Wells Fargo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running Wells Fargo's price analysis, check to measure Wells Fargo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wells Fargo is operating at the current time. Most of Wells Fargo's value examination focuses on studying past and present price action to predict the probability of Wells Fargo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wells Fargo's price. Additionally, you may evaluate how the addition of Wells Fargo to your portfolios can decrease your overall portfolio volatility.
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Is Wells Fargo's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wells Fargo. If investors know Wells will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wells Fargo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Dividend Share
1.35
Earnings Share
4.8
Revenue Per Share
21.366
Quarterly Revenue Growth
0.021
The market value of Wells Fargo is measured differently than its book value, which is the value of Wells that is recorded on the company's balance sheet. Investors also form their own opinion of Wells Fargo's value that differs from its market value or its book value, called intrinsic value, which is Wells Fargo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wells Fargo's market value can be influenced by many factors that don't directly affect Wells Fargo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wells Fargo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wells Fargo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wells Fargo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.