Wells Fargo & (WFC) Net Income
Price: $64.85
Market Cap: $220.73B
Avg Volume: 17.19M
Market Cap: $220.73B
Avg Volume: 17.19M
Country: US
Industry: Banks - Diversified
Sector: Financial Services
Industry: Banks - Diversified
Sector: Financial Services
What is Wells Fargo &'s Net Income?
- Wells Fargo &'s annual net income as of FY 2023 is $19.14B.
- Wells Fargo &'s quarterly net income as of Q3 2024 is $5.11B.
What is Net Income?
Net income is the total profit of a company after all expenses and taxes have been deducted from revenue. It is also known as net profit or net earnings and is a key indicator of a company's financial performance and profitability.
Related Metrics
Other important metrics to assess Wells Fargo &'s financial health include:
- Net Income Growth - the rate at which a company's net income is growing:
- Annual Growth: 39.96%
- Net Income Ratio - net income divided by revenue:
- Annual: 23.18%
- Quarterly: 26.50%
- Net Income Per Share - net income divided by the number of shares outstanding:
- Annual: $5.19
These metrics provide insights into Wells Fargo &'s financial health and its profitability. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual Net Income
$19.14B
Quarterly Net Income
$5.11B
Historical Annual Net Income
Historical Quarterly Net Income
Annual Net Income Growth
Annual Net Income Per Share
Wells Fargo & Historical Net Income Metrics
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.
Year | Net Income | Net Income Growth | Net Income Ratio | Net Income Per Share |
---|---|---|---|---|
2023 | $19.14B | 39.96% | 23.18% | $5.19 |
2022 | $13.68B | -38.14% | 18.54% | $3.59 |
2021 | $22.11B | 1137.91% | 28.17% | $5.44 |
2020 | $1.79B | -90.94% | 2.47% | $0.43 |
2019 | $19.71B | -11.96% | 23.18% | $4.49 |
2018 | $22.39B | 0.95% | 25.92% | $4.67 |
2017 | $22.18B | 1.12% | 25.46% | $4.42 |
2016 | $21.94B | -4.18% | 25.10% | $4.30 |
2015 | $22.89B | -0.71% | 27.31% | $4.39 |
2014 | $23.06B | 5.39% | 28.13% | $4.33 |