Financial Services - Banks - Diversified - NYSE - US
$ 19.63
-0.102 %
$ 242 B
Market Cap
59.48
P/E
INCOME STATEMENT
77.2 B
REVENUE
28.7 B
OPERATING INCOME
19 B
NET INCOME
EFFICIENCY
Earnings Waterfall
Wells Fargo & Company
| Revenue | 77.2 B |
| Cost Of Revenue | -5.4 B |
| Gross Profit | 82.6 B |
| Operating Expenses | 48.5 B |
| Operating Income | 28.7 B |
| Other Expenses | 9.64 B |
| Net Income | 19 B |
Income Statement
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | Dec-2010 | Dec-2009 | Dec-2008 | Dec-2007 | Dec-2006 | Dec-2005 | Dec-2004 | Dec-2003 | Dec-2002 | Dec-2001 | Dec-2000 | Dec-1999 | Dec-1998 | Dec-1997 | Dec-1996 | Dec-1995 | Dec-1994 | Dec-1993 | Dec-1992 | Dec-1991 | Dec-1990 | Dec-1989 | Dec-1988 | Dec-1987 | Dec-1986 | Dec-1985 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | |||||||||||||||||||||||||||||||||||||||
| Revenue | 77 198.0 | 73 785.0 | 78 492.0 | 72 340.0 | 85 063.0 | 86 408.0 | 87 121.0 | 87 388.0 | 83 827.0 | 81 967.0 | 82 308.0 | 84 601.0 | 79 466.0 | 84 431.0 | 88 501.0 | 42 225.0 | 38 656.0 | 34 953.0 | 32 949.0 | 30 059.0 | 28 389.0 | 24 496.0 | 20 150.0 | 19 708.0 | 16 775.0 | 15 417.0 | 6 995.7 | 6 265.9 | 5 134.3 | 4 441.9 | 3 918.6 | 3 211.7 | 2 620.1 | 1 856.0 | 1 486.7 | 0 | 0 | 0 | 0 |
| GROSS PROFIT | |||||||||||||||||||||||||||||||||||||||
| Cost Of Revenue | (5 399.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 82 597.0 | 73 785.0 | 78 492.0 | 72 340.0 | 85 063.0 | 86 408.0 | 87 121.0 | 87 388.0 | 83 827.0 | 81 967.0 | 82 308.0 | 84 601.0 | 79 466.0 | 84 431.0 | 88 501.0 | 42 225.0 | 38 656.0 | 34 953.0 | 32 949.0 | 30 059.0 | 28 389.0 | 24 496.0 | 20 150.0 | 19 708.0 | 16 775.0 | 15 417.0 | 6 995.7 | 6 265.9 | 5 134.3 | 4 441.9 | 3 918.6 | 3 211.7 | 2 620.1 | 1 856.0 | 1 486.7 | 0 | 0 | 0 | 0 |
| OPERATING INCOME | |||||||||||||||||||||||||||||||||||||||
| Operating Expenses | 48 530.0 | 57 278.0 | 53 790.0 | 57 667.0 | 58 260.0 | 56 158.0 | 58 612.0 | 52 421.0 | 50 049.0 | 49 065.0 | 48 827.0 | 50 368.0 | (49 175.0) | (57 692.0) | (60 945.0) | (29 622.0) | (12 826.0) | (9 920.0) | (13 943.0) | (15 473.0) | (15 501.0) | (11 941.0) | (7 930.0) | (5 299.0) | (5 807.0) | (7 059.0) | (2 282.0) | (1 867.4) | (1 263.5) | (1 671.2) | (1 622.9) | (1 167.4) | (344.8) | 145.6 | 274.7 | 211.2 | (29.8) | 121.7 | 107.6 |
| Selling, General and Administrative Expenses | 48 530.0 | 46 289.0 | 48 059.0 | 48 479.0 | 49 170.0 | 46 321.0 | 39 071.0 | 38 826.0 | 36 514.0 | 35 493.0 | 35 625.0 | 34 416.0 | 28 933.0 | 28 409.0 | 28 316.0 | 12 940.0 | 13 368.0 | 11 927.0 | 10 455.0 | 8 924.0 | 8 446.0 | 7 372.0 | 6 182.0 | 5 487.0 | 4 396.0 | 4 416.0 | 2 360.9 | 2 097.1 | 1 745.1 | 1 573.7 | 1 416.5 | 1 087.1 | 891.9 | 642.5 | 528.7 | 0 | 0 | 0 | 0 |
| Research and Development Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 28 668.0 | 14 970.0 | 28 851.0 | 4 041.0 | 25 967.0 | 28 538.0 | 29 816.0 | 34 480.0 | 35 860.0 | 36 213.0 | 35 094.0 | 31 464.0 | 30 291.0 | 26 739.0 | 27 556.0 | 13 012.0 | 25 830.0 | 25 033.0 | 19 006.0 | 14 586.0 | 12 888.0 | 12 555.0 | 12 220.0 | 14 409.0 | 10 968.0 | 8 358.0 | 4 713.7 | 4 398.5 | 3 870.8 | 2 770.7 | 2 295.7 | 2 044.3 | 2 275.3 | 2 001.6 | 1 761.4 | 211.2 | (29.8) | 121.7 | 107.6 |
| PRE-TAX INCOME | |||||||||||||||||||||||||||||||||||||||
| Interest Income Expense | 32 743.0 | 9 074.0 | 3 915.0 | 7 963.0 | 18 852.0 | 14 652.0 | 9 352.0 | 5 909.0 | 3 976.0 | 4 025.0 | 4 289.0 | 5 161.0 | 6 649.0 | 8 039.0 | 9 950.0 | 9 755.0 | 14 203.0 | 12 288.0 | 7 458.0 | 3 817.0 | 3 411.0 | 3 977.0 | 6 741.0 | 7 860.0 | 5 020.0 | 5 065.0 | 2 664.0 | 2 617.0 | 2 448.0 | 1 590.1 | 1 358.0 | 1 416.4 | 1 800.2 | 1 626.3 | 1 443.2 | 0 | 0 | 0 | 0 |
| Total Other Income | (7 032.0) | (6 832.0) | (6 446.0) | (9 188.0) | (9 090.0) | (9 837.0) | (19 541.0) | (13 595.0) | (13 535.0) | (13 572.0) | (13 202.0) | (2 993.0) | (2 337.0) | 960.0 | (3 924.0) | (2 976.0) | (250.0) | (33.0) | (229.0) | (194.0) | (3 411.0) | (3 701.0) | (6 741.0) | (7 860.0) | (5 020.0) | (5 065.0) | (2 664.0) | (2 617.0) | (2 448.0) | (1 590.1) | (1 358.0) | (1 344.7) | (1 800.2) | (1 626.3) | (1 443.2) | 0 | 0 | 0 | 0 |
| Pre-Tax Income | 21 636.0 | 14 969.0 | 28 816.0 | 2 505.0 | 25 967.0 | 28 538.0 | 27 377.0 | 32 120.0 | 33 641.0 | 33 915.0 | 32 629.0 | 28 471.0 | 23 656.0 | 19 001.0 | 17 998.0 | 3 585.0 | 11 627.0 | 12 745.0 | 11 548.0 | 10 769.0 | 9 477.0 | 8 854.0 | 5 479.0 | 6 549.0 | 5 948.0 | 3 293.0 | 2 049.7 | 1 781.5 | 1 422.8 | 1 180.6 | 937.7 | 699.6 | 475.1 | 375.3 | 318.2 | 0 | 0 | 0 | 0 |
| NET INCOME | |||||||||||||||||||||||||||||||||||||||
| Tax Provision | 2 607.0 | 2 087.0 | 5 578.0 | 1 157.0 | 5 761.0 | 5 662.0 | 4 917.0 | 10 075.0 | 10 365.0 | 10 307.0 | 10 405.0 | 9 103.0 | 7 445.0 | 6 338.0 | 5 331.0 | 743.0 | 3 570.0 | 4 263.0 | 3 877.0 | 3 755.0 | 3 275.0 | 3 144.0 | 2 056.0 | 2 523.0 | 2 201.0 | 1 343.0 | 698.7 | 627.6 | 466.8 | 380.2 | 284.1 | 181.2 | 76.6 | 94.7 | 81.2 | (211.2) | 29.8 | (121.7) | (107.6) |
| Net Income | 19 142.0 | 13 677.0 | 22 109.0 | 1 786.0 | 19 715.0 | 22 393.0 | 22 183.0 | 21 938.0 | 22 894.0 | 23 057.0 | 21 878.0 | 18 897.0 | 15 869.0 | 12 362.0 | 12 275.0 | 2 655.0 | 8 057.0 | 8 420.0 | 7 671.0 | 7 014.0 | 6 202.0 | 5 434.0 | 3 411.0 | 4 026.0 | 4 012.0 | 1 950.0 | 1 351.0 | 1 153.9 | 956.0 | 800.4 | 653.6 | 446.7 | 398.5 | 280.6 | 237.0 | 211.2 | (29.8) | 121.7 | 107.6 |
| EPS | 4.88 | 3.17 | 4.99 | 0.43 | 4.08 | 4.67 | 4.14 | 4.03 | 4.18 | 4.17 | 3.95 | 3.4 | 2.85 | 2.23 | 1.76 | 0.76 | 2.41 | 2.5 | 2.27 | 2.07 | 1.85 | 1.6 | 1 | 1.18 | 1.16 | 0.59 | 0.9 | 0.79 | 0.7 | 0.61 | 0.48 | 0.3 | 0.37 | 0.35 | 0.32 | 0.28 | 0.0424 | 0.17 | 0.15 |