Wells Fargo & (WFC) Earnings
Price: $64.91
Market Cap: $220.94B
Market Cap: $220.94B
Revenue (TTM): $82.60B
Net Income: $19.14B
Net Income: $19.14B
P/E Ratio: 12.15
EPS (TTM): $5.34
EPS (TTM): $5.34
Earnings Dates
Wells Fargo & (WFC) reports its earnings quarterly. Here are the key details:
Next Earnings Date
- Date: January 10, 2025
- Time of Day: Before Market Open
- Estimated EPS: $1.3
Last Earnings Report
- Date: October 11, 2024
- EPS: $1.42
- EPS Estimate: $1.28
Wells Fargo &'s next earnings report is scheduled for January 10, 2025.
In its last earnings report on October 11, 2024, Wells Fargo & reported earnings per share (EPS) of $1.42, compared to an estimated EPS of $1.28. The company reported revenue of $19.30B, compared to an estimated revenue of $20.40B.
Earnings Reports
Earnings History
| Date | EPS | EPS Estimate | Revenue | Revenue Estimate |
|---|---|---|---|---|
| October 11, 2024 | $1.42 | $1.28 | $19.30B | $20.40B |
| July 12, 2024 | $1.33 | $1.29 | $20.69B | $20.30B |
| April 12, 2024 | $1.26 | $1.11 | $20.86B | $20.21B |
| January 12, 2024 | $1.29 | $1.16 | $20.48B | $20.28B |
| October 13, 2023 | $1.39 | $1.24 | $20.86B | $20.12B |
| July 14, 2023 | $1.25 | $1.16 | $20.53B | $20.08B |
| April 14, 2023 | $1.23 | $1.13 | $20.73B | $20.08B |
| January 13, 2023 | $0.61 | $0.66 | $19.66B | $20.18B |
| October 14, 2022 | $1.30 | $1.09 | $19.50B | $- |
| July 15, 2022 | $0.82 | $0.80 | $17.03B | $17.53B |
| April 14, 2022 | $0.88 | $0.80 | $17.59B | $18.08B |
| January 14, 2022 | $1.25 | $1.13 | $20.86B | $17.86B |
| October 14, 2021 | $1.22 | $0.99 | $18.83B | $18.45B |
| July 14, 2021 | $1.38 | $0.97 | $20.27B | $17.78B |
| April 14, 2021 | $1.05 | $0.70 | $18.06B | $14.90B |
Annual Earnings
Annual Revenue
$82.60B
Fiscal Year 2023Annual Net Income
$19.14B
Fiscal Year 2023Annual EPS
$4.88
Fiscal Year 2023Quarterly Earnings
Revenue
$19.30B
Quarter Ending September 30, 2024Net Income
$5.11B
Quarter Ending September 30, 2024EPS
$1.43
Quarter Ending September 30, 2024Earnings Metrics
Earnings Yield
10.54%
Year Ending December 31, 2023P/E Ratio
9.48
Year Ending December 31, 2023Revenue Per Share
$22.39
Year Ending December 31, 2023Earnings Yield (TTM)
8.23%
Trailing Twelve MonthsP/E Ratio (TTM)
12.15
Trailing Twelve MonthsRevenue Per Share (TTM)
$24.03
Trailing Twelve MonthsFrequently Asked Questions
Wells Fargo &'s next earnings date is scheduled for January 10, 2025. The earnings call is expected to take place before market open.
In its last earnings report on October 11, 2024, Wells Fargo & reported earnings per share (EPS) of $1.42, compared to an estimated EPS of $1.28. The company reported revenue of $19.30B, compared to an estimated revenue of $20.40B.
Wells Fargo &'s current Price-to-Earnings (P/E) ratio is 9.48. The trailing twelve months (TTM) P/E ratio is 12.15. The P/E ratio is a valuation metric that compares a company's current share price to its earnings per share (EPS). A higher P/E ratio suggests that investors are expecting higher earnings growth in the future compared to companies with a lower P/E ratio.
For the fiscal year ending December 31, 2023, Wells Fargo & reported total revenue of $82.60B and net income of $19.14B. This represents a net profit margin of 0.2317517585.
Wells Fargo &'s earnings yield is 10.54%. The earnings yield is the inverse of the P/E ratio and represents the percentage of each dollar invested in the stock that was earned by the company.
Wells Fargo &'s return on equity (ROE) is 10.31%. ROE is a measure of financial performance calculated by dividing net income by shareholders' equity. It measures how effectively management is using a company's assets to create profits.
Wells Fargo &'s gross profit margin is 100.00%. This indicates that for every dollar of revenue, the company retains $1.00 as gross profit after accounting for the cost of goods sold.