Wells Fargo & (WFC) Stock


Company Profile

Price: $64.98

Market Cap: $221.18B

Exchange: NYSE

CEO: Mr. Charles W. Scharf

Sector: Financial Services

Industry: Banks - Diversified

Employees: 220.17K

Headquarters: San Francisco, CA

Website: Wells Fargo &

Business Summary

Wells Fargo & Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. It operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The Consumer Banking and Lending segment offers diversified financial products and services for consumers and small businesses. Its financial products and services include checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services. The Commercial Banking segment provides financial solutions to private, family owned, and certain public companies. Its products and services include banking and credit products across various industry sectors and municipalities, secured lending and lease products, and treasury management services. The Corporate and Investment Banking segment offers a suite of capital markets, banking, and financial products and services to corporate, commercial real estate, government, and institutional clients. Its products and services comprise corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity, and fixed income solutions, as well as sales, trading, and research capabilities services. The Wealth and Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, and trust and fiduciary products and services to affluent, high-net worth, and ultra-high-net worth clients. It also operates through financial advisors. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.


Wells Fargo & Chart


Wells Fargo & News

Is Wells Fargo Stock the End-of-Year Rebound Story to Watch?
Is Wells Fargo Stock the End-of-Year Rebound Story to Watch?

Wells Fargo & Co. NYSE: WFC reported a relatively solid third quarter of 2024 earnings report, beating analyst EPS expectations by 14 cents. The finance sector laggard has done a remarkable job diversifying fee-based income to offset net interest income headwinds.

  • marketbeat.com

    2024-10-22

Big Bank Stocks Climb. 3 Stocks to Consider Adding to Your Portfolio.
Big Bank Stocks Climb. 3 Stocks to Consider Adding to Your Portfolio.

Big banks should see NII start to improve as the yield curve normalizes.

  • fool.com

    2024-10-18

First of Its Kind Change Forum to Bring Together Military, Education, and Business Leaders at Georgetown University
First of Its Kind Change Forum to Bring Together Military, Education, and Business Leaders at Georgetown University

SAN FRANCISCO--(BUSINESS WIRE)--Georgetown University and ZeroMils, a Veteran-owned social impact organization, will co-host the first national Military Thriving Change Forum October 23, 2024, at the Leavey Convention Center at Georgetown University. This groundbreaking event, sponsored by Wells Fargo, will bring together senior leaders from across public, private, and nonprofit sectors to create a blueprint outlining a path forward to improve military recruitment efforts. It intends to combat.

  • businesswire.com

    2024-10-17

Wells Fargo CEO Charles Scharf talks credit cards
Wells Fargo CEO Charles Scharf talks credit cards

Wells Fargo President and CEO Charles Scharf joins 'Mad Money' host Jim Cramer to talk quarterly results, recent downsizing and more.

  • youtube.com

    2024-10-15

The consumer has been extremely resilient, spend continues to go up, says Wells Fargo CEO
The consumer has been extremely resilient, spend continues to go up, says Wells Fargo CEO

Wells Fargo President and CEO Charles Scharf joins 'Mad Money' host Jim Cramer to talk quarterly results, recent downsizing and more.

  • youtube.com

    2024-10-15

Wells Fargo CEO calls consumers 'extremely resilient'
Wells Fargo CEO calls consumers 'extremely resilient'

Wells Fargo CEO Charlie Scharf gave CNBC's Jim Cramer a positive read on the consumer landscape. "The consumer's been extremely resilient," he said.

  • cnbc.com

    2024-10-15

Three Things We Learned From Big Bank Q3 Earnings
Three Things We Learned From Big Bank Q3 Earnings

Large U.S. banks exceeded profit expectations in the third quarter. But most also set aside more money for potential credit losses, a possible warning sign for the economy.

  • investopedia.com

    2024-10-15

Three Big Takeaways From Bank Earnings
Three Big Takeaways From Bank Earnings

What JPMorgan, Bank of America, Citi and Wells Fargo told us about consumers' finances.

  • wsj.com

    2024-10-15

Wells Fargo: Solid Q3 Earnings Boost Optimism
Wells Fargo: Solid Q3 Earnings Boost Optimism

Wells Fargo's Q3 earnings exceeded bottom-line expectations, with a notable 7% sequential rise in EPS and a strong performance in non-interest income. Despite a seventh consecutive quarter of declining net interest income and net interest margin, optimism remains for a near-term NII trend reversal. My "buy" rating on Wells Fargo remains intact, supported by positive momentum in non-interest income and an improving funding mix.

  • seekingalpha.com

    2024-10-15



Wells Fargo & Earnings

This section highlight's Wells Fargo &'s earnings, including earnings call transcripts, earnings surprises, and key dates.


Wells Fargo & Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS
Read Transcript Q3 2024 2024-10-11 $1.28 $1.42
Read Transcript Q2 2024 2024-07-12 $1.29 $1.33
Read Transcript Q1 2024 2024-04-12 $1.11 $1.26
Read Transcript Q4 2023 2024-01-12 $1.16 $1.29
Read Transcript Q3 2023 2023-10-13 $1.24 $1.39
Read Transcript Q2 2023 2023-07-14 $1.16 $1.25
Read Transcript Q1 2023 2023-04-14 $1.13 $1.23
Read Transcript Q4 2022 2023-01-13 $0.66 $0.61
Read Transcript Q3 2022 2022-10-14 $1.09 $1.30
Read Transcript Q2 2022 2022-07-15 $0.80 $0.82
Read Transcript Q1 2022 2022-04-14 $0.80 $0.88

Wells Fargo & Earnings Dates

When is the next earnings date for WFC?

Date: 2025-01-10
Status: Unconfirmed
Time of Day: Before Market
Estimated EPS: $1.30

When was the last earnings date for WFC?

Date: 2024-10-11
Fiscal Date Ending: 2024-09-30
EPS: $1.42
Estimated EPS: $1.28
Revenue: $19.30B
Estimated Revenue: $20.40B

Upcoming WFC Earnings

Date Estimated EPS Time of Day Status
2025-01-10 $1.3 Before Market Unconfirmed
2025-04-11 N/A Before Market Unconfirmed
2025-07-15 N/A Before Market Unconfirmed
2025-10-15 N/A Before Market Unconfirmed
2026-01-15 N/A Before Market Unconfirmed


Financial Statements

This section provides financial statements for Wells Fargo &including income statements, balance sheets, and cash flow statements, both annually and quarterly.


Annual Income Statement

Breakdown 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Revenue $85.06B $72.34B $78.49B $73.78B $82.60B
Cost of Revenue $- $- $- $- $-
Gross Profit $85.06B $72.34B $78.49B $73.78B $82.60B
Gross Profit Ratio 100.00% 100.00% 100.00% 100.00% 100.00%
Research and Development Expenses $- $- $- $- $-
General and Administrative Expenses $6.75B $6.71B $5.72B $5.19B $5.08B
Selling and Marketing Expenses $1.08B $600.00M $600.00M $505.00M $812.00M
Selling General and Administrative Expenses $49.17B $48.48B $48.06B $46.29B $48.53B
Other Expenses $9.09B $9.19B $5.73B $10.99B $7.03B
Operating Expenses $58.26B $57.67B $53.79B $57.28B $55.56B
Cost and Expenses $58.26B $57.67B $53.79B $57.28B $55.56B
Interest Income $66.08B $47.80B $39.69B $54.02B $85.12B
Interest Expense $18.85B $7.96B $3.92B $9.07B $32.74B
Depreciation and Amortization $7.92B $8.97B $8.49B $7.31B $6.27B
EBITDA $51.93B $8.08B $57.70B $29.94B $43.27B
EBITDA Ratio 61.05% 11.17% 73.51% 40.58% 52.39%
Operating Income $25.97B $4.04B $28.85B $14.97B $21.64B
Operating Income Ratio 30.53% 5.59% 36.76% 20.29% 26.19%
Total Other Income Expenses Net $24.20B $-1.54B $-35.00M $-1.00M $21.64B
Income Before Tax $25.97B $2.50B $28.82B $14.97B $21.64B
Income Before Tax Ratio 30.53% 3.46% 36.71% 20.29% 26.19%
Income Tax Expense $5.76B $1.16B $5.58B $2.09B $2.61B
Net Income $19.71B $1.79B $22.11B $13.68B $19.14B
Net Income Ratio 23.18% 2.47% 28.17% 18.54% 23.18%
EPS $4.08 $0.43 $4.99 $3.17 $4.88
EPS Diluted $4.05 $0.43 $4.95 $3.14 $4.83
Weighted Average Shares Outstanding 4.39B 4.12B 4.06B 3.81B 3.69B
Weighted Average Shares Outstanding Diluted 4.43B 4.13B 4.10B 3.84B 3.72B
SEC Filing Source Source Source Source Source

Quarterly Income Statement

Breakdown 2019-12-31 2020-03-31 2020-06-30 2020-09-30 2020-12-31 2021-03-31 2021-06-30 2021-09-30 2021-12-31 2022-03-31 2022-06-30 2022-09-30 2022-12-31 2023-03-31 2023-06-30 2023-09-30 2023-12-31 2024-03-31 2024-06-30 2024-09-30
Revenue $19.86B $17.55B $17.87B $18.86B $17.93B $18.06B $20.27B $18.83B $20.86B $17.59B $17.03B $19.50B $19.66B $20.73B $20.53B $20.86B $20.48B $20.86B $20.69B $19.30B
Cost of Revenue $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Gross Profit $19.86B $17.55B $17.87B $18.86B $17.93B $18.06B $20.27B $18.83B $20.86B $17.59B $17.03B $19.50B $19.66B $20.73B $20.53B $20.86B $20.48B $20.86B $20.69B $19.30B
Gross Profit Ratio 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Research and Development Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
General and Administrative Expenses $1.79B $1.61B $1.68B $1.76B $1.66B $1.39B $1.45B $1.42B $1.47B $1.29B $1.31B $1.24B $1.36B $1.23B $1.30B $1.31B $1.24B $1.10B $1.14B $1.13B
Selling and Marketing Expenses $244.00M $181.00M $137.00M $144.00M $138.00M $90.00M $132.00M $153.00M $225.00M $99.00M $102.00M $126.00M $178.00M $154.00M $184.00M $215.00M $259.00M $197.00M $224.00M $205.00M
Selling General and Administrative Expenses $11.77B $11.62B $12.27B $12.17B $12.41B $12.65B $11.95B $11.74B $11.72B $12.25B $11.36B $11.10B $11.57B $12.43B $11.75B $11.85B $12.50B $12.56B $11.81B $12.01B
Other Expenses $3.92B $1.43B $2.31B $3.07B $2.46B $1.34B $1.43B $1.57B $1.40B $1.60B $1.50B $3.20B $4.62B $1.24B $1.24B $1.26B $3.29B $1.78B $1.49B $-3.54B
Operating Expenses $15.70B $13.05B $14.58B $15.24B $14.87B $13.99B $13.38B $13.31B $13.12B $13.85B $12.86B $14.31B $16.19B $13.68B $12.99B $13.11B $15.79B $14.34B $13.29B $12.01B
Cost and Expenses $15.70B $13.05B $14.58B $15.24B $14.87B $13.99B $13.38B $13.31B $13.12B $13.85B $12.86B $14.31B $16.19B $13.68B $12.99B $13.11B $15.79B $14.34B $13.29B $12.01B
Interest Income $15.60B $14.73B $11.80B $9.37B $10.47B $10.04B $9.69B $9.83B $10.12B $10.18B $11.56B $14.49B $17.79B $19.36B $20.83B $22.09B $22.84B $22.84B $22.88B $-
Interest Expense $4.39B $3.42B $1.92B $1.43B $1.20B $1.24B $893.00M $925.00M $859.00M $960.00M $1.36B $2.40B $4.36B $6.02B $7.67B $8.99B $10.07B $10.61B $10.96B $-
Depreciation and Amortization $2.13B $1.87B $1.99B $2.28B $2.29B $2.15B $1.94B $1.92B $2.40B $1.79B $1.77B $1.69B $1.58B $1.55B $1.63B $1.60B $1.53B $1.82B $1.97B $-1.06B
EBITDA $7.00B $2.24B $3.61B $8.09B $9.29B $11.21B $16.44B $13.86B $16.19B $9.34B $7.20B $8.95B $4.99B $11.69B $11.67B $13.09B $6.82B $6.53B $7.40B $6.23B
EBITDA Ratio 35.24% 12.77% 20.20% 42.87% 51.85% 62.05% 81.12% 73.60% 77.62% 53.08% 42.26% 45.90% 25.36% 56.40% 56.82% 62.78% 33.30% 31.28% 35.75% 32.30%
Operating Income $3.50B $1.12B $-5.77B $4.04B $4.65B $5.60B $8.22B $6.93B $8.09B $4.67B $3.60B $4.48B $2.49B $5.85B $5.83B $6.55B $3.41B $6.53B $7.40B $7.29B
Operating Income Ratio 17.62% 6.38% -32.29% 21.43% 25.92% 31.02% 40.56% 36.80% 38.81% 26.54% 21.13% 22.95% 12.68% 28.20% 28.41% 31.39% 16.65% 31.28% 35.75% 37.80%
Total Other Income Expenses Net $103.00M $- $-30.00M $-725.00M $-781.00M $-13.00M $-33.00M $-5.00M $16.00M $-5.00M $3.56B $4.39B $8.00M $-12.83B $5.83B $-12.07B $3.41B $-938.00M $-1.24B $-1.06B
Income Before Tax $3.60B $1.12B $-5.80B $3.32B $3.87B $5.59B $8.19B $6.93B $8.11B $4.66B $3.60B $4.48B $2.50B $5.85B $5.83B $6.55B $3.41B $5.59B $6.16B $6.23B
Income Before Tax Ratio 18.14% 6.38% -32.46% 17.59% 21.57% 30.95% 40.40% 36.77% 38.89% 26.51% 21.13% 22.95% 12.72% 28.20% 28.41% 31.39% 16.65% 26.78% 29.77% 32.30%
Income Tax Expense $678.00M $353.00M $2.00B $83.00M $574.00M $901.00M $1.45B $1.52B $1.71B $746.00M $622.00M $912.00M $127.00M $966.00M $930.00M $811.00M $100.00M $964.00M $1.25B $1.06B
Net Income $2.55B $304.00M $-4.16B $2.90B $2.64B $4.26B $5.74B $4.79B $5.47B $3.51B $2.86B $3.31B $2.86B $4.99B $4.94B $5.77B $3.45B $4.62B $4.91B $5.11B
Net Income Ratio 12.82% 1.73% -23.28% 15.38% 14.74% 23.56% 28.33% 25.42% 26.23% 19.95% 16.81% 16.99% 14.57% 24.08% 24.05% 27.65% 16.83% 22.14% 23.73% 26.50%
EPS $0.61 $0.07 $-1.01 $0.70 $0.66 $1.03 $1.39 $1.18 $1.39 $0.92 $0.75 $0.87 $0.68 $1.25 $1.26 $1.49 $0.87 $1.21 $1.30 $1.43
EPS Diluted $0.60 $0.07 $-1.01 $0.70 $0.66 $1.02 $1.38 $1.17 $1.39 $0.91 $0.75 $0.87 $0.67 $1.23 $1.25 $1.48 $0.86 $1.20 $1.29 $1.42
Weighted Average Shares Outstanding 4.23B 4.34B 4.11B 4.13B 4.15B 4.17B 4.16B 4.09B 3.95B 3.83B 3.79B 3.80B 3.80B 3.79B 3.70B 3.65B 3.62B 3.56B 3.56B 3.38B
Weighted Average Shares Outstanding Diluted 4.27B 4.10B 4.11B 4.14B 4.18B 4.17B 4.16B 4.09B 3.96B 3.87B 3.82B 3.83B 3.83B 3.82B 3.72B 3.68B 3.66B 3.60B 3.60B 3.43B
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Cash and Cash Equivalents $141.25B $264.61B $234.23B $159.16B $237.22B
Short Term Investments $263.46B $220.39B $177.24B $113.59B $125.53B
Cash and Short Term Investments $404.71B $485.00B $411.47B $272.75B $113.48B
Net Receivables $19.83B $16.09B $14.86B $14.91B $53.72B
Inventory $-385.84B $-471.57B $-440.91B $-369.99B $-524.61B
Other Current Assets $385.84B $471.57B $440.91B $369.99B $470.89B
Total Current Assets $424.54B $501.09B $426.33B $287.66B $113.48B
Property Plant Equipment Net $9.31B $8.89B $8.57B $8.35B $18.24B
Goodwill $26.39B $26.39B $25.18B $25.17B $25.18B
Intangible Assets $12.95B $7.44B $8.19B $10.48B $8.51B
Goodwill and Intangible Assets $39.34B $33.83B $33.37B $35.65B $33.68B
Long Term Investments $565.37B $563.47B $610.42B $561.22B $480.20B
Tax Assets $8.45B $12.48B $10.68B $19.92B $-444.47B
Other Non-Current Assets $-8.45B $-12.48B $-10.68B $-19.92B $-43.83B
Total Non-Current Assets $614.01B $606.19B $652.36B $605.23B $43.83B
Other Assets $889.00B $847.88B $869.38B $988.13B $1.78T
Total Assets $1.93T $1.96T $1.95T $1.88T $1.93T
Account Payables $- $- $- $- $-
Short Term Debt $104.51B $59.00B $34.41B $51.15B $11.88B
Tax Payables $- $- $- $- $-
Deferred Revenue $- $- $- $- $-
Other Current Liabilities $-104.51B $-59.00B $-34.41B $-51.15B $59.33B
Total Current Liabilities $104.51B $59.00B $34.41B $51.15B $71.21B
Long Term Debt $228.19B $212.95B $160.69B $174.87B $207.59B
Deferred Revenue Non-Current $212.46B $208.26B $- $-20.05B $188.18B
Deferred Tax Liabilities Non-Current $15.73B $4.69B $2.79B $20.05B $19.41B
Other Non-Current Liabilities $-228.19B $-212.95B $-163.48B $-123.72B $-207.59B
Total Non-Current Liabilities $228.19B $212.95B $163.48B $51.15B $207.59B
Other Liabilities $1.41T $1.50T $1.56T $1.60T $1.47T
Total Liabilities $1.74T $1.77T $1.76T $1.70T $1.75T
Preferred Stock $21.55B $21.14B $20.06B $19.45B $19.45B
Common Stock $9.14B $9.14B $9.14B $9.14B $9.14B
Retained Earnings $166.70B $162.89B $180.32B $187.65B $201.14B
Accumulated Other Comprehensive Income Loss $-1.31B $194.00M $-1.70B $-13.38B $-11.58B
Other Total Stockholders Equity $-8.93B $-8.47B $-20.21B $-22.96B $-32.41B
Total Stockholders Equity $187.15B $184.89B $187.61B $179.89B $185.74B
Total Equity $187.98B $185.92B $190.11B $181.88B $187.44B
Total Liabilities and Stockholders Equity $1.93T $1.96T $1.95T $1.88T $1.93T
Minority Interest $838.00M $1.03B $2.50B $1.99B $1.71B
Total Liabilities and Total Equity $1.93T $1.96T $1.95T $1.88T $1.93T
Total Investments $828.83B $783.86B $787.66B $674.82B $605.73B
Total Debt $332.70B $271.95B $195.10B $226.01B $219.47B
Net Debt $191.45B $7.34B $-39.13B $66.86B $-17.75B

Quarterly Balance Sheet

Breakdown 2019-12-31 2020-03-31 2020-06-30 2020-09-30 2020-12-31 2021-03-31 2021-06-30 2021-09-30 2021-12-31 2022-03-31 2022-06-30 2022-09-30 2022-12-31 2023-03-31 2023-06-30 2023-09-30 2023-12-31 2024-03-31 2024-06-30 2024-09-30
Cash and Cash Equivalents $141.25B $150.81B $262.50B $246.77B $264.61B $286.73B $274.17B $266.69B $234.23B $201.90B $155.14B $165.46B $159.16B $162.44B $155.33B $217.90B $237.22B $269.65B $232.02B $138.92B
Short Term Investments $263.46B $251.23B $228.90B $220.57B $220.39B $200.85B $189.90B $16.03B $177.24B $168.44B $125.83B $115.83B $113.59B $144.40B $134.25B $126.44B $125.53B $134.93B $146.26B $-
Cash and Short Term Investments $155.71B $173.53B $294.96B $284.26B $316.06B $328.55B $299.13B $282.72B $236.73B $204.21B $159.98B $153.47B $272.75B $306.83B $289.58B $344.33B $113.48B $98.93B $-297.97B $138.92B
Net Receivables $19.83B $19.14B $17.41B $56.35B $16.09B $15.73B $15.72B $38.26B $14.86B $14.47B $14.53B $14.62B $14.91B $14.82B $15.33B $16.04B $53.72B $55.85B $44.45B $-
Inventory $- $- $- $- $- $- $-769.01B $-772.29B $-416.46B $-390.79B $-325.98B $-362.02B $-369.99B $-379.15B $-385.88B $-438.85B $-524.61B $-154.78B $253.52B $-
Other Current Assets $- $- $- $- $- $- $479.47B $476.82B $440.91B $419.78B $360.73B $362.02B $369.99B $379.15B $385.88B $438.85B $470.89B $447.72B $483.69B $411.61B
Total Current Assets $175.54B $22.74B $24.70B $25.54B $332.14B $28.34B $25.30B $25.51B $276.04B $247.67B $209.26B $168.08B $287.66B $321.65B $304.92B $360.37B $113.48B $447.72B $483.69B $138.92B
Property Plant Equipment Net $9.31B $9.11B $9.03B $8.98B $8.89B $8.76B $8.74B $19.20B $8.57B $8.47B $8.44B $8.49B $8.35B $8.42B $8.39B $8.56B $18.24B $9.43B $18.87B $9.96B
Goodwill $26.39B $26.38B $26.39B $26.39B $26.39B $26.29B $26.19B $26.19B $25.18B $25.18B $25.18B $25.17B $25.17B $25.17B $25.18B $25.17B $25.18B $25.17B $25.17B $25.17B
Intangible Assets $12.95B $9.53B $8.18B $7.68B $7.44B $8.83B $8.01B $8.41B $8.19B $9.75B $10.39B $11.03B $10.48B $9.95B $9.35B $9.53B $8.51B $8.25B $8.03B $7.49B
Goodwill and Intangible Assets $39.34B $35.91B $34.56B $34.07B $33.83B $35.12B $34.20B $34.61B $33.37B $34.93B $35.56B $36.20B $35.65B $35.12B $34.52B $34.70B $33.68B $33.42B $33.20B $32.67B
Long Term Investments $565.37B $555.61B $525.07B $527.59B $563.47B $565.81B $598.11B $609.52B $610.42B $606.67B $578.55B $561.60B $561.22B $572.21B $570.94B $546.75B $480.20B $262.59B $263.58B $177.01B
Tax Assets $- $- $- $- $- $- $- $- $672.75B $- $- $- $19.92B $- $- $- $-444.47B $1.13T $1.16T $-177.01B
Other Non-Current Assets $-614.01B $-511.10B $-480.76B $-484.10B $-606.19B $-514.66B $-541.57B $-562.01B $-662.55B $10.02B $9.96B $-513.06B $-19.92B $-615.75B $-613.85B $-590.01B $-43.83B $80.58B $-23.75B $1.74T
Total Non-Current Assets $614.01B $89.54B $87.90B $86.53B $606.19B $95.03B $99.49B $101.32B $662.55B $660.10B $632.52B $93.23B $605.23B $615.75B $613.85B $590.01B $43.83B $1.51T $1.46T $1.78T
Other Assets $1.14T $1.87T $1.86T $1.81T $1.02T $1.84T $1.82T $1.83T $1.01T $1.03T $1.04T $1.62T $988.13B $949.00B $957.55B $958.88B $1.78T $- $- $-
Total Assets $1.93T $1.98T $1.97T $1.92T $1.96T $1.96T $1.95T $1.95T $1.95T $1.94T $1.88T $1.88T $1.88T $1.89T $1.88T $1.91T $1.93T $1.96T $1.94T $1.92T
Account Payables $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Short Term Debt $104.51B $92.29B $60.48B $55.22B $59.00B $58.92B $45.63B $12.54B $34.41B $33.60B $37.08B $48.38B $51.15B $81.01B $84.25B $93.33B $11.88B $109.01B $129.90B $111.89B
Tax Payables $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Revenue $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Current Liabilities $-104.51B $- $- $- $-59.00B $- $- $29.45B $-21.19B $-19.97B $-23.89B $-34.58B $-51.15B $-81.01B $-84.25B $-93.33B $59.33B $356.16B $348.52B $370.00B
Total Current Liabilities $104.51B $92.29B $60.48B $55.22B $59.00B $58.92B $45.63B $41.98B $13.22B $13.63B $13.19B $13.80B $51.15B $81.01B $84.25B $93.33B $71.21B $465.18B $478.43B $481.90B
Long Term Debt $228.19B $237.34B $230.92B $215.71B $212.95B $183.31B $179.66B $162.98B $160.69B $153.34B $150.29B $156.41B $174.87B $173.47B $170.63B $190.03B $207.59B $187.76B $168.07B $182.01B
Deferred Revenue Non-Current $- $- $- $- $208.26B $- $- $- $- $- $- $- $-20.05B $- $- $- $188.18B $- $- $-
Deferred Tax Liabilities Non-Current $- $- $- $- $4.69B $- $- $- $2.79B $- $- $- $20.05B $- $- $- $19.41B $- $- $-
Other Non-Current Liabilities $-228.19B $1.47T $1.50T $1.47T $-212.95B $1.53T $1.53T $1.56T $-150.26B $-139.71B $-137.10B $821.47B $-123.72B $-92.46B $-170.63B $-190.03B $-207.59B $1.12T $1.12T $1.56T
Total Non-Current Liabilities $228.19B $1.71T $1.73T $1.68T $212.95B $1.71T $1.71T $1.72T $13.22B $13.63B $13.19B $977.88B $51.15B $81.01B $170.63B $190.03B $207.59B $1.31T $1.28T $1.74T
Other Liabilities $1.41T $- $- $- $1.50T $- $- $- $1.73T $1.73T $1.67T $707.65B $1.60T $1.54T $1.44T $1.44T $1.47T $- $- $-481.90B
Total Liabilities $1.74T $1.80T $1.79T $1.74T $1.77T $1.77T $1.75T $1.76T $1.76T $1.76T $1.70T $1.70T $1.70T $1.70T $1.69T $1.73T $1.75T $1.78T $1.76T $1.74T
Preferred Stock $21.55B $21.35B $21.10B $21.10B $21.14B $21.17B $20.82B $20.27B $20.06B $20.06B $20.06B $20.06B $19.45B $19.45B $19.45B $19.45B $19.45B $18.61B $16.61B $18.61B
Common Stock $9.14B $9.14B $9.14B $9.14B $9.14B $9.14B $9.14B $9.14B $9.14B $9.14B $9.14B $9.14B $9.14B $9.14B $9.14B $9.14B $9.14B $9.14B $9.14B $9.14B
Retained Earnings $166.70B $165.31B $159.95B $160.91B $162.89B $166.77B $171.76B $175.71B $180.32B $182.62B $184.47B $186.55B $187.65B $191.69B $195.16B $199.29B $201.14B $203.87B $207.28B $210.75B
Accumulated Other Comprehensive Income Loss $-1.31B $-1.56B $-798.00M $-750.00M $194.00M $-1.25B $-564.00M $-1.18B $-1.70B $-6.77B $-10.61B $-14.34B $-13.38B $-12.57B $-13.44B $-15.88B $-11.58B $-12.55B $-12.72B $-8.37B
Other Total Stockholders Equity $-8.93B $-11.51B $-10.00B $-9.22B $-8.47B $-8.61B $-9.89B $-14.91B $-20.21B $-25.81B $-25.53B $-25.21B $-22.96B $-26.53B $-30.12B $-31.28B $-32.41B $-38.12B $-43.87B $-46.86B
Total Stockholders Equity $187.15B $182.72B $179.39B $181.17B $184.89B $187.22B $191.26B $189.03B $187.61B $179.24B $177.53B $176.19B $179.89B $181.17B $180.19B $180.72B $185.74B $180.94B $176.43B $183.26B
Total Equity $187.98B $183.33B $180.12B $182.03B $185.92B $188.35B $193.13B $191.07B $190.11B $181.69B $179.79B $178.41B $181.88B $183.22B $181.95B $182.37B $187.44B $182.67B $178.15B $185.01B
Total Liabilities and Stockholders Equity $1.93T $1.98T $1.97T $1.92T $1.96T $1.96T $1.95T $1.95T $1.95T $1.94T $1.88T $1.88T $1.88T $1.89T $1.88T $1.91T $1.93T $1.96T $1.94T $1.92T
Minority Interest $838.00M $612.00M $736.00M $859.00M $1.03B $1.13B $1.86B $2.04B $2.50B $2.45B $2.26B $2.22B $1.99B $2.05B $1.76B $1.66B $1.71B $1.73B $1.72B $1.75B
Total Liabilities and Total Equity $1.93T $1.98T $1.97T $1.92T $1.96T $1.96T $1.95T $1.95T $1.95T $1.94T $1.88T $1.88T $1.88T $1.89T $1.88T $1.91T $1.93T $1.96T $1.94T $1.92T
Total Investments $579.82B $578.33B $557.53B $565.08B $614.91B $607.62B $623.07B $625.55B $612.92B $608.98B $583.39B $187.38B $674.82B $716.61B $705.19B $673.19B $605.73B $262.59B $263.58B $177.01B
Total Debt $332.70B $329.63B $291.41B $270.94B $271.95B $242.23B $225.29B $175.52B $195.10B $186.94B $187.37B $204.79B $226.01B $254.47B $254.89B $283.37B $219.47B $296.78B $302.38B $182.01B
Net Debt $191.45B $178.82B $28.90B $24.16B $7.34B $-44.50B $-48.88B $-91.17B $-39.13B $-14.96B $32.23B $39.34B $66.86B $92.04B $99.55B $65.47B $-17.75B $27.13B $70.36B $43.09B

Annual Cash Flow Statement

Breakdown 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Net Income $20.04B $3.59B $23.24B $12.88B $19.03B
Depreciation and Amortization $7.08B $8.74B $7.89B $6.83B $6.27B
Deferred Income Tax $6.39B $18.45B $-1.29B $1.07B $-50.00M
Stock Based Compensation $2.27B $1.77B $1.00B $978.00M $1.12B
Change in Working Capital $22.41B $23.62B $33.81B $30.07B $5.28B
Accounts Receivables $- $- $- $- $-
Inventory $- $- $- $- $-
Accounts Payables $- $- $- $- $-
Other Working Capital $22.41B $23.62B $33.81B $30.07B $5.28B
Other Non Cash Items $-51.45B $-54.11B $-69.82B $-24.79B $3.58B
Net Cash Provided by Operating Activities $6.73B $2.05B $-11.53B $27.05B $40.36B
Investments in Property Plant and Equipment $513.00M $- $- $- $-
Acquisitions Net $-513.00M $- $- $- $-
Purchases of Investments $-72.53B $-146.98B $-189.36B $-49.45B $-36.09B
Sales Maturities of Investments $75.75B $175.64B $178.11B $68.68B $50.14B
Other Investing Activities $-32.86B $93.89B $3.63B $-61.71B $1.99B
Net Cash Used for Investing Activities $-29.63B $122.55B $-7.62B $-42.48B $16.04B
Debt Repayment $-61.00B $-65.35B $-47.13B $-19.59B $-26.18B
Common Stock Issued $380.00M $571.00M $61.02B $- $1.72B
Common Stock Repurchased $-26.08B $-7.02B $-21.14B $-6.03B $-11.85B
Dividends Paid $-9.59B $-6.14B $-3.63B $-5.29B $-5.93B
Other Financing Activities $87.15B $76.69B $-361.00M $-28.73B $12.09B
Net Cash Used Provided by Financing Activities $-9.14B $-1.24B $-11.24B $-59.65B $20.49B
Effect of Forex Changes on Cash $- $- $- $- $-
Net Change in Cash $-32.04B $123.36B $-30.38B $-75.07B $76.89B
Cash at End of Period $141.25B $264.61B $234.23B $159.16B $236.05B
Cash at Beginning of Period $173.29B $141.25B $264.61B $234.23B $159.16B
Operating Cash Flow $6.73B $2.05B $-11.53B $27.05B $40.36B
Capital Expenditure $513.00M $- $- $- $-
Free Cash Flow $7.24B $2.05B $-11.53B $27.05B $40.36B

Quarterly Cash Flow Statement

Breakdown 2019-12-31 2020-03-31 2020-06-30 2020-09-30 2020-12-31 2021-03-31 2021-06-30 2021-09-30 2021-12-31 2022-03-31 2022-06-30 2022-09-30 2022-12-31 2023-03-31 2023-06-30 2023-09-30 2023-12-31 2024-03-31 2024-06-30 2024-09-29
Net Income $2.92B $505.00M $-2.33B $2.22B $3.19B $4.80B $6.64B $5.41B $6.40B $3.80B $2.95B $3.50B $2.63B $4.88B $4.90B $5.74B $3.51B $4.62B $4.91B $5.11B
Depreciation and Amortization $2.13B $1.87B $2.19B $2.38B $2.29B $2.24B $1.94B $1.92B $1.80B $1.79B $1.77B $1.69B $1.58B $1.55B $1.63B $1.60B $1.49B $1.82B $1.97B $-
Deferred Income Tax $642.00M $-1.45B $10.53B $722.00M $-292.00M $299.00M $-2.28B $-1.19B $1.40B $-179.00M $-113.00M $702.00M $665.00M $600.00M $132.00M $6.00M $-788.00M $289.00M $-919.00M $-
Stock Based Compensation $389.00M $582.00M $371.00M $384.00M $429.00M $929.00M $546.00M $383.00M $1.00B $- $- $- $978.00M $- $- $- $1.12B $- $- $-
Change in Working Capital $15.97B $4.48B $14.65B $18.98B $-14.49B $17.67B $-1.75B $6.44B $11.45B $8.46B $4.46B $15.28B $1.87B $-3.83B $-6.88B $10.25B $5.74B $-16.56B $9.53B $-
Accounts Receivables $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Inventory $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Accounts Payables $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Working Capital $15.97B $4.48B $14.65B $18.98B $-14.49B $17.67B $-1.75B $6.44B $11.45B $8.46B $4.46B $15.28B $1.87B $-3.83B $-6.88B $10.25B $5.74B $-13.62B $-13.72B $-
Other Non Cash Items $-9.63B $11.28B $-9.30B $-33.26B $-13.90B $-29.40B $-13.15B $-17.76B $-13.89B $-13.68B $-1.49B $-9.15B $-472.00M $4.20B $-2.21B $-3.07B $6.30B $-3.17B $5.22B $-5.11B
Net Cash Provided by Operating Activities $12.42B $17.27B $16.12B $-8.58B $-22.77B $-3.47B $-8.06B $-4.81B $4.82B $199.00M $7.59B $12.02B $7.25B $7.41B $-755.00M $15.51B $18.20B $-12.12B $16.76B $-
Investments in Property Plant and Equipment $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Acquisitions Net $- $- $- $- $- $- $18.00M $-63.00M $76.00M $- $- $- $- $- $- $- $- $- $- $-
Purchases of Investments $-20.55B $-41.14B $-18.14B $-43.01B $-44.69B $-57.73B $-60.49B $-30.31B $-40.82B $-22.97B $-13.43B $-9.27B $-3.78B $-17.57B $-5.06B $-6.49B $-6.97B $-21.14B $-46.83B $-
Sales Maturities of Investments $24.43B $30.86B $51.15B $51.20B $42.43B $56.40B $50.48B $32.09B $39.14B $17.43B $28.80B $14.02B $8.42B $7.21B $20.01B $13.07B $9.86B $17.34B $17.56B $-
Other Investing Activities $-6.41B $-34.03B $70.67B $34.47B $22.78B $16.86B $25.29B $-8.80B $-29.72B $-17.42B $-19.89B $-3.83B $-20.57B $2.40B $5.65B $1.05B $-7.11B $348.00M $-256.00M $-
Net Cash Used for Investing Activities $-2.53B $-44.30B $103.69B $42.66B $20.51B $15.53B $15.28B $-7.02B $-31.40B $-22.96B $-4.51B $919.00M $-15.93B $-7.96B $20.60B $7.63B $-4.23B $21.09B $-29.30B $-
Debt Repayment $-15.06B $-17.56B $-27.01B $-16.58B $-4.20B $-21.68B $-8.13B $-14.93B $-2.40B $-7.89B $-4.09B $-5.21B $-2.40B $-5.00B $-1.59B $-23.78B $-8.99B $-7.44B $-1.59B $-
Common Stock Issued $24.00M $209.00M $245.00M $59.00M $58.00M $66.00M $48.00M $100.00M $4.45B $- $- $- $- $- $- $1.72B $- $- $- $-
Common Stock Repurchased $-7.37B $-5.88B $-2.00M $-3.00M $-1.14B $-5.12B $-1.92B $-7.09B $-7.01B $-6.02B $-4.00M $-5.00M $-6.00M $-4.02B $-4.00B $-1.48B $-2.35B $-6.84B $-8.01B $-
Dividends Paid $-2.47B $-2.31B $-2.40B $-655.00M $-778.00M $-659.00M $-765.00M $-1.05B $-1.16B $-1.18B $-1.28B $-1.35B $-1.48B $-1.36B $-1.45B $-1.51B $-1.61B $-1.47B $-1.54B $-
Other Financing Activities $7.49B $62.13B $21.05B $-32.64B $26.15B $37.45B $-9.01B $27.31B $245.00M $5.51B $-44.46B $3.95B $6.26B $8.20B $-14.82B $18.38B $336.00M $-527.00M $-70.00M $-
Net Cash Used Provided by Financing Activities $-17.38B $36.59B $-8.11B $-49.81B $20.09B $10.06B $-19.77B $4.34B $-5.87B $-9.57B $-49.84B $-2.62B $2.38B $-2.18B $-21.86B $39.16B $5.37B $23.57B $-25.28B $-
Effect of Forex Changes on Cash $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Net Change in Cash $-7.48B $9.56B $111.69B $-15.73B $17.84B $22.12B $-12.56B $-7.49B $-32.46B $-32.34B $-46.76B $10.31B $-6.30B $-2.73B $-2.01B $62.30B $19.34B $32.54B $-37.82B $-
Cash at End of Period $141.25B $150.81B $262.50B $246.77B $264.61B $286.73B $274.17B $266.69B $234.23B $201.90B $155.14B $165.46B $159.16B $156.43B $154.42B $216.72B $236.05B $268.60B $230.78B $230.78B
Cash at Beginning of Period $148.73B $141.25B $150.81B $262.50B $246.77B $264.61B $286.73B $274.17B $266.69B $234.23B $201.90B $155.14B $165.46B $159.16B $156.43B $154.42B $216.72B $236.05B $268.60B $230.78B
Operating Cash Flow $12.42B $17.27B $16.12B $-8.58B $-22.77B $-3.47B $-8.06B $-4.81B $4.82B $199.00M $7.59B $12.02B $7.25B $7.41B $-755.00M $15.51B $18.20B $-12.12B $16.76B $-
Capital Expenditure $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Free Cash Flow $12.42B $17.27B $16.12B $-8.58B $-22.77B $-3.47B $-8.06B $-4.81B $4.82B $199.00M $7.59B $12.02B $7.25B $7.41B $-755.00M $15.51B $18.20B $-12.12B $16.76B $-

Wells Fargo & Dividends

Understand Wells Fargo &'s dividend history, dividend yield, payout ratio, and more.

Dividend Yield

3.27%

Dividend Payout Ratio

30.98%

Dividend Paid & Capex Coverage Ratio

6.81x



Wells Fargo & Dividend History

Dividend Adjusted Dividend Date Record Date Payment Date Declaration Date
$0.4 $0.4 August 09, 2024 August 09, 2024 September 01, 2024 July 23, 2024
$0.35 $0.35 May 09, 2024 May 10, 2024 June 01, 2024 April 30, 2024
$0.35 $0.35 February 01, 2024 February 02, 2024 March 01, 2024 January 23, 2024
$0.35 $0.35 November 02, 2023 November 03, 2023 December 01, 2023 October 24, 2023
$0.35 $0.35 August 03, 2023 August 04, 2023 September 01, 2023 July 25, 2023
$0.3 $0.3 May 04, 2023 May 05, 2023 June 01, 2023 April 25, 2023
$0.3 $0.3 February 02, 2023 February 03, 2023 March 01, 2023 January 24, 2023
$0.3 $0.3 November 03, 2022 November 04, 2022 December 01, 2022 October 25, 2022
$0.3 $0.3 August 04, 2022 August 05, 2022 September 01, 2022 July 26, 2022
$0.25 $0.25 May 05, 2022 May 06, 2022 June 01, 2022 April 26, 2022
$0.25 $0.25 February 03, 2022 February 04, 2022 March 01, 2022 January 25, 2022
$0.2 $0.2 November 04, 2021 November 05, 2021 December 01, 2021 October 26, 2021
$0.2 $0.2 August 05, 2021 August 06, 2021 September 01, 2021 July 27, 2021
$0.1 $0.1 May 06, 2021 May 07, 2021 June 01, 2021 April 27, 2021
$0.1 $0.1 February 04, 2021 February 05, 2021 March 01, 2021 January 26, 2021
$0.1 $0.1 November 05, 2020 November 06, 2020 December 01, 2020 October 27, 2020
$0.1 $0.1 August 06, 2020 August 07, 2020 September 01, 2020 July 28, 2020
$0.51 $0.51 May 07, 2020 May 08, 2020 June 01, 2020 April 28, 2020
$0.51 $0.51 February 06, 2020 February 07, 2020 March 01, 2020 January 28, 2020
$0.51 $0.51 November 07, 2019 November 08, 2019 December 01, 2019 October 22, 2019

Valuation

Analyze the market cap, enterprise value, and valuation metrics for Wells Fargo &.

Market Cap & Enterprise Value

Market Cap: $221.18B

Enterprise Value: $163.79B

Valuation Ratios

P/E Ratio: 9.48

P/B Ratio: 0.98

P/CF Ratio: 4.50

Valuation Multiples

E/V to Sales: 1.98

E/V to EBITDA: 3.79

Market Cap & Enterprise Value

Market capitalization and enterprise value provide an understanding of a company's market value and total value, respectively.

  • Market Cap: The total market value of a company's outstanding shares of stock. It represents the company's equity value and is calculated by multiplying the current share price by the total number of outstanding shares.
  • Enterprise Value (EV): A measure of a company's total value, often seen as a more comprehensive alternative to equity market capitalization. It includes market cap plus debt, minority interest, and preferred shares, minus total cash and cash equivalents.

Valuation Ratios

Valuation ratios are used to evaluate the value of a company compared to its earnings, book value, and cash flow.

  • P/E Ratio: Price to Earnings Ratio, indicating how much investors are willing to pay for a dollar of earnings.
  • P/B Ratio: Price to Book Ratio, comparing the company's market value to its book value. A lower ratio may indicate undervaluation.
  • P/CF Ratio: Price to Cash Flow Ratio, evaluating the market value relative to the operating cash flow. A lower ratio can signal a more attractive investment.

Valuation Multiples

Valuation multiples help assess a company's value relative to its revenue and earnings.

  • EV to Sales: Enterprise Value to Sales, comparing the enterprise value to sales revenue. A lower ratio can indicate a more attractive investment.
  • EV to EBITDA: Enterprise Value to EBITDA, comparing the enterprise value to earnings before interest, taxes, depreciation, and amortization. A lower ratio suggests a company may be undervalued.

Wells Fargo & Growth

View income_statement_chart2_annual_data financial growth metrics for Wells Fargo &, including income statement, balance sheet, and cash flow growth.

Income Growth

Revenue Growth: -6.71%

Operating Income Growth: -1.37%

Cash Flow Growth

Net Income Growth: 4.15%

Free Cash Flow Growth: -100.00%

Balance Sheet Growth

Total Assets Growth: -0.93%

Total Liabilities Growth: -1.41%

Income Growth

This section highlights key metrics related to income growth, showing how the company’s revenue and operating income have changed over time:

  • Revenue Growth: The increase in a company's sales over time. It is a measure of how quickly the company is growing its revenue. This chart shows the historical trend of revenue growth.
  • Operating Income Growth: The growth rate of a company's operating income, which is the income earned from its normal business operations. This chart helps to assess the company's operational efficiency and profitability growth over time.

Cash Flow Growth

This section highlights key metrics on the company's cash flow growth, reflecting changes in net income and free cash flow over time.

  • Net Income Growth: The increase in a company's net profit over time. It reflects the company's ability to increase its profitability. This chart provides insight into how the company's bottom line has grown.
  • Free Cash Flow Growth: The growth in a company's free cash flow, which is the cash generated by the company after accounting for capital expenditures. This chart is important for understanding the company's financial flexibility and ability to fund operations and growth.

Balance Sheet Growth

This section highlight key metrics related to balance sheet growth, which indicate how the company’s total assets and liabilities have changed over time:

  • Total Assets Growth: The rate at which a company's total assets are increasing over time. This chart indicates how the company's asset base is expanding, which can be a sign of growth and investment in future operations.
  • Total Liabilities Growth: The rate at which a company's total liabilities are increasing over time. This chart helps to assess the company's financial leverage and risk over time.

Peers: Banks - Diversified

This section provides companies within the same sector, on the same exchange, and of similar market capitalization, allowing comparisons of key financial indicators among peers.

Company Market Cap Price EPS P/E Ratio P/B Ratio
BAC Logo
Bank of America Corporation
BAC
$324.70B $42.23 $3.30 $10.20 $0.93
JPM Logo
JPMorgan Chase & Co.
JPM
$638.67B $224.48 $16.86 $10.09 $1.52
TD Logo
The Toronto-Dominion Bank
TD
$99.04B $56.67 $5.92 $13.09 $1.26
NU Logo
Nu Holdings Ltd.
NU
$68.75B $14.38 $0.22 $38.31 $6.16
C Logo
Citigroup Inc.
C
$118.93B $62.88 $4.78 $10.76 $0.48
RY Logo
Royal Bank of Canada
RY
$175.53B $124.30 $10.68 $10.37 $1.31
CM Logo
Canadian Imperial Bank of Commerce
CM
$58.35B $62.26 $5.46 $8.97 $0.85
BMO Logo
Bank of Montreal
BMO
$67.34B $92.32 $6.15 $17.03 $0.97
BNS Logo
The Bank of Nova Scotia
BNS
$64.46B $52.43 $6.19 $9.07 $0.87
BCS Logo
Barclays PLC
BCS
$46.03B $12.70 $0.34 $18.29 $1.66
UBS Logo
UBS Group AG
UBS
$103.56B $32.34 $8.63 $3.58 $1.14
ING Logo
ING Groep N.V.
ING
$54.73B $16.90 $2.05 $6.64 $0.93

More metrics for Wells Fargo &

Access more key metrics, financials, ratios, and more with the links below.