Wells Net Income vs Operating Income Analysis

WFC Stock

USD 76.55 0.80 1.03%

Wells Fargo financial indicator trend analysis is more than just analyzing Wells Fargo current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wells Fargo is a good investment. Please check the relationship between Wells Fargo Net Income and its Operating Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wells Fargo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

For information on how to trade Wells Stock refer to our How to Trade Wells Stock guide.

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wells Fargo Net Income account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Wells Fargo's Net Income and Operating Income is 0.91. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Wells Fargo, assuming nothing else is changed. The correlation between historical values of Wells Fargo's Net Income and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Wells Fargo are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Income i.e., Wells Fargo's Net Income and Operating Income go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Wells Fargo financial statement analysis. It represents the amount of money remaining after all of Wells Fargo operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Operating Income

Operating Income is the amount of profit realized from Wells Fargo operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Wells Fargo is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Wells Fargo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wells Fargo current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wells Fargo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

For information on how to trade Wells Stock refer to our How to Trade Wells Stock guide.At present, Wells Fargo's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 2.2 B, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.34.

	2021	2022	2023	2024 (projected)
Operating Income	28.9B	15.0B	28.7B	17.3B
Other Operating Expenses	53.8B	57.3B	48.5B	26.1B

Operating Income Other Operating Expenses

Wells Fargo fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Property Plant And Equipment Gross	Common Stock	Other Current Assets	Common Stock Total Equity	Other Liab	Accounts Payable
Common Stock Shares Outstanding		0.68	0.65	-0.56	-0.23	0.79	0.27	0.61	0.15	-0.17	-0.11	-0.3	0.65	0.17	0.04	-0.04	0.63	0.67	0.29	0.55	0.28	0.84	0.68	0.81	0.46	0.02
Total Assets	0.68		0.85	-0.41	-0.09	0.98	0.35	0.23	0.65	0.39	0.15	0.03	0.58	0.37	0.22	0.12	-0.02	1.0	0.54	0.41	0.8	0.92	0.19	0.91	-0.19	0.02
Short Long Term Debt Total	0.65	0.85		-0.72	-0.15	0.86	0.18	0.55	0.51	0.16	0.04	-0.03	0.65	0.18	0.09	0.09	0.1	0.85	0.32	0.73	0.6	0.74	0.13	0.72	-0.22	-0.05
Other Current Liab	-0.56	-0.41	-0.72		0.39	-0.48	0.3	-0.87	0.01	0.45	0.34	0.14	-0.62	0.01	0.4	0.27	-0.42	-0.4	-0.11	-1.0	-0.16	-0.39	-0.3	-0.35	-0.13	0.28
Total Current Liabilities	-0.23	-0.09	-0.15	0.39		-0.15	0.7	-0.4	0.53	0.46	0.96	-0.46	-0.79	0.24	0.68	0.95	-0.54	-0.09	-0.02	-0.39	-0.04	0.04	-0.04	0.12	-0.3	-0.17
Total Stockholder Equity	0.79	0.98	0.86	-0.48	-0.15		0.35	0.35	0.54	0.25	0.07	-0.05	0.65	0.29	0.2	0.07	0.16	0.98	0.47	0.48	0.71	0.93	0.32	0.92	-0.05	-0.03
Property Plant And Equipment Net	0.27	0.35	0.18	0.3	0.7	0.35		-0.31	0.65	0.6	0.8	-0.33	-0.26	0.15	0.94	0.8	-0.25	0.35	0.04	-0.3	0.25	0.47	0.11	0.52	-0.21	-0.14
Net Debt	0.61	0.23	0.55	-0.87	-0.4	0.35	-0.31		-0.3	-0.72	-0.43	-0.19	0.59	-0.22	-0.42	-0.3	0.72	0.21	-0.12	0.85	-0.17	0.28	0.5	0.25	0.4	-0.18
Retained Earnings	0.15	0.65	0.51	0.01	0.53	0.54	0.65	-0.3		0.82	0.74	-0.07	-0.06	0.51	0.59	0.64	-0.66	0.66	0.43	0.0	0.72	0.56	-0.15	0.6	-0.6	-0.11
Cash	-0.17	0.39	0.16	0.45	0.46	0.25	0.6	-0.72	0.82		0.65	0.1	-0.24	0.44	0.64	0.54	-0.78	0.4	0.39	-0.42	0.64	0.26	-0.42	0.29	-0.65	0.16
Non Current Assets Total	-0.11	0.15	0.04	0.34	0.96	0.07	0.8	-0.43	0.74	0.65		-0.41	-0.63	0.33	0.77	0.97	-0.62	0.16	0.12	-0.33	0.21	0.24	-0.08	0.3	-0.42	-0.15
Non Currrent Assets Other	-0.3	0.03	-0.03	0.14	-0.46	-0.05	-0.33	-0.19	-0.07	0.1	-0.41		0.33	-0.13	-0.17	-0.48	-0.19	0.03	-0.04	-0.17	0.32	-0.23	-0.56	-0.26	-0.32	0.19
Other Assets	0.65	0.58	0.65	-0.62	-0.79	0.65	-0.26	0.59	-0.06	-0.24	-0.63	0.33		-0.15	-0.31	-0.61	0.54	0.57	0.09	0.61	0.37	0.45	0.2	0.39	0.15	0.02
Cash And Short Term Investments	0.17	0.37	0.18	0.01	0.24	0.29	0.15	-0.22	0.51	0.44	0.33	-0.13	-0.15		-0.06	0.25	-0.37	0.38	0.94	-0.02	0.46	0.44	0.28	0.45	-0.03	0.35
Net Receivables	0.04	0.22	0.09	0.4	0.68	0.2	0.94	-0.42	0.59	0.64	0.77	-0.17	-0.31	-0.06		0.77	-0.36	0.22	-0.17	-0.39	0.21	0.24	-0.15	0.29	-0.38	-0.19
Non Current Liabilities Total	-0.04	0.12	0.09	0.27	0.95	0.07	0.8	-0.3	0.64	0.54	0.97	-0.48	-0.61	0.25	0.77		-0.47	0.12	0.03	-0.26	0.12	0.22	0.0	0.29	-0.34	-0.15
Other Stockholder Equity	0.63	-0.02	0.1	-0.42	-0.54	0.16	-0.25	0.72	-0.66	-0.78	-0.62	-0.19	0.54	-0.37	-0.36	-0.47		-0.04	-0.25	0.4	-0.4	0.15	0.63	0.1	0.76	0.03
Total Liab	0.67	1.0	0.85	-0.4	-0.09	0.98	0.35	0.21	0.66	0.4	0.16	0.03	0.57	0.38	0.22	0.12	-0.04		0.55	0.4	0.81	0.91	0.17	0.9	-0.2	0.02
Total Current Assets	0.29	0.54	0.32	-0.11	-0.02	0.47	0.04	-0.12	0.43	0.39	0.12	-0.04	0.09	0.94	-0.17	0.03	-0.25	0.55		0.11	0.57	0.56	0.27	0.55	0.01	0.39
Short Term Debt	0.55	0.41	0.73	-1.0	-0.39	0.48	-0.3	0.85	0.0	-0.42	-0.33	-0.17	0.61	-0.02	-0.39	-0.26	0.4	0.4	0.11		0.17	0.38	0.27	0.35	0.11	-0.28
Property Plant And Equipment Gross	0.28	0.8	0.6	-0.16	-0.04	0.71	0.25	-0.17	0.72	0.64	0.21	0.32	0.37	0.46	0.21	0.12	-0.4	0.81	0.57	0.17		0.62	-0.21	0.62	-0.46	0.0
Common Stock	0.84	0.92	0.74	-0.39	0.04	0.93	0.47	0.28	0.56	0.26	0.24	-0.23	0.45	0.44	0.24	0.22	0.15	0.91	0.56	0.38	0.62		0.44	1.0	0.1	0.04
Other Current Assets	0.68	0.19	0.13	-0.3	-0.04	0.32	0.11	0.5	-0.15	-0.42	-0.08	-0.56	0.2	0.28	-0.15	0.0	0.63	0.17	0.27	0.27	-0.21	0.44		0.42	0.64	-0.02
Common Stock Total Equity	0.81	0.91	0.72	-0.35	0.12	0.92	0.52	0.25	0.6	0.29	0.3	-0.26	0.39	0.45	0.29	0.29	0.1	0.9	0.55	0.35	0.62	1.0	0.42		0.07	0.02
Other Liab	0.46	-0.19	-0.22	-0.13	-0.3	-0.05	-0.21	0.4	-0.6	-0.65	-0.42	-0.32	0.15	-0.03	-0.38	-0.34	0.76	-0.2	0.01	0.11	-0.46	0.1	0.64	0.07		0.1
Accounts Payable	0.02	0.02	-0.05	0.28	-0.17	-0.03	-0.14	-0.18	-0.11	0.16	-0.15	0.19	0.02	0.35	-0.19	-0.15	0.03	0.02	0.39	-0.28	0.0	0.04	-0.02	0.02	0.1

Click cells to compare fundamentals

Wells Fargo Account Relationship Matchups

Wells Fargo fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	4.4B	4.1B	4.1B	3.8B	3.7B	3.5B
Total Assets	1.9T	2.0T	1.9T	1.9T	1.9T	979.5B
Short Long Term Debt Total	341.8B	271.9B	204.5B	246.1B	219.5B	161.2B
Other Current Liab	(104.5B)	(12.6B)	(34.4B)	(51.1B)	(11.9B)	(11.3B)
Total Current Liabilities	104.5B	59.0B	34.4B	51.1B	972.3B	1.0T
Total Stockholder Equity	187.1B	184.9B	187.6B	179.9B	185.7B	96.8B
Property Plant And Equipment Net	9.3B	8.9B	8.6B	8.4B	18.2B	19.1B
Net Debt	191.5B	7.3B	(39.1B)	66.9B	(17.7B)	(16.9B)
Retained Earnings	166.7B	162.9B	180.3B	187.6B	201.1B	211.2B
Cash	141.3B	264.6B	234.2B	159.2B	237.2B	249.1B
Non Current Assets Total	614.0B	606.2B	652.4B	605.2B	1.9T	2.0T
Non Currrent Assets Other	(8.5B)	(12.5B)	(10.7B)	(19.9B)	(532.1B)	(505.5B)
Other Assets	889.0B	847.9B	869.4B	988.1B	(273.6B)	(259.9B)
Cash And Short Term Investments	404.7B	485.0B	411.5B	272.8B	316.5B	332.3B
Net Receivables	19.8B	16.1B	14.9B	14.9B	53.7B	56.4B
Liabilities And Stockholders Equity	1.9T	2.0T	1.9T	1.9T	1.9T	979.5B
Non Current Liabilities Total	228.2B	213.0B	163.5B	51.1B	690.4B	724.9B
Other Stockholder Equity	(8.9B)	(8.5B)	(20.2B)	(23.0B)	(32.4B)	(30.8B)
Total Liab	1.7T	1.8T	1.8T	1.7T	1.7T	882.1B
Total Current Assets	424.5B	501.1B	426.3B	287.7B	316.5B	176.3B
Short Term Debt	104.5B	12.6B	34.4B	51.1B	11.9B	11.3B
Accumulated Other Comprehensive Income	(1.3B)	194M	(1.7B)	(13.4B)	(11.6B)	(11.0B)
Property Plant And Equipment Gross	22.3B	20.6B	31.2B	18.0B	18.2B	11.0B
Other Current Assets	385.8B	471.6B	440.9B	370.0B	470.9B	524.6B
Other Liab	7.3B	4.8B	2.8B	130M	117M	111.2M
Accounts Payable	75.2B	1.4T	71.0B	69.1B	62.2B	59.0B
Long Term Debt	237.3B	213.0B	170.1B	195.0B	207.6B	159.4B
Good Will	26.4B	26.4B	25.2B	25.2B	25.2B	22.6B
Short Term Investments	263.5B	220.4B	177.2B	113.6B	125.5B	167.7B
Inventory	(385.8B)	(471.6B)	(440.9B)	(370.0B)	(524.6B)	(498.4B)
Preferred Stock Total Equity	23.2B	21.5B	20.1B	19.4B	22.4B	17.0B
Treasury Stock	(68.8B)	(67.8B)	(79.8B)	(82.9B)	(74.6B)	(70.8B)
Intangible Assets	12.9B	7.4B	8.2B	10.5B	8.5B	11.6B
Property Plant Equipment	9.3B	20.6B	8.6B	8.4B	9.6B	9.3B
Noncontrolling Interest In Consolidated Entity	900M	838M	2.5B	2.0B	2.3B	1.2B
Retained Earnings Total Equity	158.2B	166.7B	180.3B	187.6B	215.8B	120.2B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

ESRT	Empire State Realty
C	Citigroup
C	Citigroup

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:

How To Invest In Wells

Details

Is Wells Stock a good investment?

Details

What is Wells Fargo's Net Worth?

Details

Largest Banks - Diversified Companies

View

Largest Financial Services Companies

View

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wells Fargo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

For information on how to trade Wells Stock refer to our How to Trade Wells Stock guide.

You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Is Diversified Banks space 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

(0.04)

Dividend Share

1.45

Earnings Share

4.81

Revenue Per Share

22.23

Quarterly Revenue Growth

(0.02)

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Wells Net Income vs Operating Income Analysis

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

Correlation Coefficient

Net Income

Operating Income

Wells Fargo fundamental ratios Correlations

Wells Fargo Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Wells Fargo fundamental ratios Accounts

Also Currently Popular

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Common Stock Total Equity	+ 1.0	Common Stock
Total Stockholder Equity	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Stockholder Equity
Non Current Liabilities Total	+ 0.97	Non Current Assets Total
Non Current Assets Total	+ 0.96	Total Current Liabilities

Short Term Debt	- 1.0	Other Current Liab
Net Debt	- 0.87	Other Current Liab
Other Assets	- 0.79	Total Current Liabilities
Other Stockholder Equity	- 0.78	Cash
Cash	- 0.72	Net Debt
Other Current Liab	- 0.72	Short Long Term Debt Total