Wells Fargo & Company (WFC-PY)

USD 22.86

(0.09%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 77.19 Billion 73.78 Billion 78.49 Billion 72.34 Billion 85.06 Billion 86.4 Billion
Cost of Revenue -5.39 Billion - - - - -
Gross Profit 82.59 Billion 73.78 Billion 78.49 Billion 72.34 Billion 85.06 Billion 86.4 Billion
Operating Expenses 48.53 Billion 57.27 Billion 53.79 Billion 57.66 Billion 58.26 Billion 56.15 Billion
Selling, General and Administrative Expenses 48.53 Billion 46.28 Billion 48.05 Billion 48.47 Billion 49.17 Billion 46.32 Billion
Research and Development Expenses - - - - - -
Other Expenses - 10.98 Billion 5.73 Billion 9.18 Billion 9.09 Billion 9.83 Billion
Cost and Expenses 48.53 Billion 57.27 Billion 53.79 Billion 57.66 Billion 58.26 Billion 56.15 Billion
Operating Income 28.66 Billion 14.97 Billion 28.85 Billion 4.04 Billion 25.96 Billion 28.53 Billion
Interest Expense 32.74 Billion 9.07 Billion 3.91 Billion 7.96 Billion 18.85 Billion 14.65 Billion
Income Tax Expense 2.6 Billion 2.08 Billion 5.57 Billion 1.15 Billion 5.76 Billion 5.66 Billion
Earnings before Tax 21.63 Billion 14.96 Billion 28.81 Billion 2.5 Billion 25.96 Billion 28.53 Billion
Net Income 19.14 Billion 13.67 Billion 22.1 Billion 1.78 Billion 19.71 Billion 22.39 Billion
Earnings Per Share Basic 4.88 3.17 4.99 0.43 4.08 4.67
Earnings Per Share Diluted 4.83 3.14 4.95 0.43 4.05 4.63
Weighted Average Shares Outstanding 3.68 Billion 3.8 Billion 4.06 Billion 4.11 Billion 4.39 Billion 4.79 Billion
Weighted Average Shares Outstanding (Diluted) 3.72 Billion 3.83 Billion 4.09 Billion 4.13 Billion 4.42 Billion 4.83 Billion
Gross Margin 1.07 1.00 1.00 1.00 1.00 1.00
EBIT Margin 0.36 0.41 0.74 0.11 0.61 0.66
Profit Margin 0.25 0.19 0.28 0.02 0.23 0.26
EBITDA 27.9 Billion 22.27 Billion 37.31 Billion - - 34.13 Billion
Earnings Before Tax Margin 0.37 0.20 0.37 0.06 0.31 0.33

Income Statement Charts

Created with Highcharts 11.1.0Value in USDRevenue Vs Earnings TrendRevenueEarnings2020202120222023020B40B60B80B100B
Created with Highcharts 11.1.0Value in USDIncome DistributionRevenueGross ProfitOperating IncomeNet Income2020202120222023020B40B60B80B100B