Wells Fargo & (WFC) Net Income

Price: $64.85
Market Cap: $220.73B
Avg Volume: 17.19M
Country: US
Industry: Banks - Diversified
Sector: Financial Services
Beta: 1.159
52W Range: $38.58-65.2075
Website: Wells Fargo &

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