WFC: Wells Fargo & Company Financial Statements
Balance sheet, income statement, and cash flow statements for Wells Fargo & Company (WFC).
$233.86B Market Cap.
WFC Market Cap. (MRY)
WFC Shares Outstanding (MRY)
WFC Assets (MRY)
Total Assets
$1.93T
Total Liabilities
$1.75T
Total Investments
$1.62T
WFC Income (MRY)
Revenue
$82.30B
Net Income
$19.72B
Operating Expense
$58.93B
WFC Cash Flow (MRY)
CF Operations
$3.04B
CF Investing
-$15.65B
CF Financing
-$21.53B
WFC Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $1,929,845,000,000 (-0.14%) | $1,932,468,000,000 (2.74%) | $1,881,020,000,000 (-3.44%) | $1,948,068,000,000 (-0.25%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $25,167,000,000 (-0.03%) | $25,175,000,000 (0.01%) | $25,173,000,000 (-0.03%) | $25,180,000,000 (-4.59%) |
Shareholders Equity | $179,120,000,000 (-3.56%) | $185,735,000,000 (3.06%) | $180,227,000,000 (-3.93%) | $187,606,000,000 (1.58%) |
Property Plant & Equipment Net | $10,297,000,000 (11.13%) | $9,266,000,000 (10.97%) | $8,350,000,000 (-2.58%) | $8,571,000,000 (-3.64%) |
Cash & Equivalents | $203,361,000,000 (-14.27%) | $237,219,000,000 (49.05%) | $159,157,000,000 (-32.05%) | $234,230,000,000 (-11.48%) |
Accumulated Other Comprehensive Income | -$12,176,000,000 (-5.15%) | -$11,580,000,000 (13.34%) | -$13,362,000,000 (-685.08%) | -$1,702,000,000 (-977.32%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $1,617,718,000,000 (2.26%) | $1,581,993,000,000 (-1.89%) | $1,612,502,000,000 (-0.02%) | $1,612,828,000,000 (3.01%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Payables | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Accumulated Retained Earnings (Deficit) | $214,198,000,000 (6.49%) | $201,136,000,000 (7.01%) | $187,968,000,000 (4.24%) | $180,322,000,000 (10.84%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $281,884,000,000 (-5.14%) | $297,147,000,000 (31.47%) | $226,015,000,000 (15.85%) | $195,098,000,000 (-28.26%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $1,748,779,000,000 (0.22%) | $1,745,025,000,000 (2.72%) | $1,698,807,000,000 (-3.36%) | $1,757,958,000,000 (-0.52%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
WFC Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $82,296,000,000 (-0.36%) | $82,597,000,000 (11.07%) | $74,368,000,000 (-6.06%) | $79,166,000,000 (6.60%) |
Cost of Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Selling General & Administrative Expense | $48,840,000,000 (0.64%) | $48,530,000,000 (4.84%) | $46,289,000,000 (-3.68%) | $48,059,000,000 (-0.87%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $58,932,000,000 (-3.33%) | $60,961,000,000 (3.78%) | $58,739,000,000 (18.42%) | $49,603,000,000 (-30.88%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | $3,399,000,000 (30.38%) | $2,607,000,000 (15.82%) | $2,251,000,000 (-60.95%) | $5,764,000,000 (598.18%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $19,965,000,000 (4.92%) | $19,029,000,000 (42.24%) | $13,378,000,000 (-43.79%) | $23,799,000,000 (549.89%) |
Net Income to Non-Controlling Interests | $243,000,000 (315.04%) | -$113,000,000 (62.21%) | -$299,000,000 (-117.69%) | $1,690,000,000 (492.98%) |
Net Income | $19,722,000,000 (3.03%) | $19,142,000,000 (39.96%) | $13,677,000,000 (-38.14%) | $22,109,000,000 (554.69%) |
Preferred Dividends Income Statement Impact | $1,116,000,000 (-3.79%) | $1,160,000,000 (4.04%) | $1,115,000,000 (-13.63%) | $1,291,000,000 (-18.86%) |
Net Income Common Stock | $18,606,000,000 (3.47%) | $17,982,000,000 (43.15%) | $12,562,000,000 (-39.66%) | $20,818,000,000 (1065.62%) |
Weighted Average Shares | $3,426,100,000 (-7.11%) | $3,688,300,000 (-3.07%) | $3,805,200,000 (-6.32%) | $4,061,900,000 (-1.36%) |
Weighted Average Shares Diluted | $3,467,600,000 (-6.79%) | $3,720,400,000 (-3.04%) | $3,837,000,000 (-6.33%) | $4,096,200,000 (-0.92%) |
Earning Before Interest & Taxes (EBIT) | $23,121,000,000 (6.31%) | $21,749,000,000 (36.55%) | $15,928,000,000 (-42.86%) | $27,873,000,000 (1155.54%) |
Gross Profit | $82,296,000,000 (-0.36%) | $82,597,000,000 (11.07%) | $74,368,000,000 (-6.06%) | $79,166,000,000 (6.60%) |
Operating Income | $23,364,000,000 (7.99%) | $21,636,000,000 (38.43%) | $15,629,000,000 (-47.13%) | $29,563,000,000 (1080.16%) |
WFC Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$15,651,000,000 (-197.56%) | $16,043,000,000 (137.77%) | -$42,476,000,000 (-457.50%) | -$7,619,000,000 (-106.22%) |
Net Cash Flow from Financing | -$21,534,000,000 (-205.07%) | $20,494,000,000 (134.36%) | -$59,645,000,000 (-430.74%) | -$11,238,000,000 (-804.10%) |
Net Cash Flow from Operations | $3,035,000,000 (-92.48%) | $40,358,000,000 (49.21%) | $27,048,000,000 (334.69%) | -$11,525,000,000 (-661.92%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$34,150,000,000 (-144.41%) | $76,895,000,000 (202.43%) | -$75,073,000,000 (-147.10%) | -$30,382,000,000 (-124.63%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$15,458,000,000 (-198.76%) | $15,652,000,000 (136.16%) | -$43,281,000,000 (-279.62%) | -$11,401,000,000 (-109.36%) |
Capital Expenditure | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Issuance (Repayment) of Debt Securities | -$7,858,000,000 (-112.16%) | $64,599,000,000 (27.38%) | $50,714,000,000 (171.99%) | -$70,449,000,000 (3.13%) |
Issuance (Purchase) of Equity Shares | -$19,448,000,000 (-64.10%) | -$11,851,000,000 (-96.44%) | -$6,033,000,000 (58.29%) | -$14,464,000,000 (-323.54%) |
Payment of Dividends & Other Cash Distributions | -$6,232,000,000 (-5.09%) | -$5,930,000,000 (-12.03%) | -$5,293,000,000 (-45.93%) | -$3,627,000,000 (40.95%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Depreciation Amortization & Accretion | $7,558,000,000 (20.52%) | $6,271,000,000 (-8.21%) | $6,832,000,000 (-13.41%) | $7,890,000,000 (-4.00%) |
WFC Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) |
Profit Margin | 22.60% (3.67%) | 21.80% (28.99%) | 16.90% (-35.74%) | 26.30% (995.83%) |
EBITDA Margin | 37.30% (10.03%) | 33.90% (10.78%) | 30.60% (-32.30%) | 45.20% (220.57%) |
Return on Average Equity (ROAE) | 10.30% (4.04%) | 9.90% (41.43%) | 7.00% (-36.36%) | 11.00% (1000.00%) |
Return on Average Assets (ROAA) | 1.00% (11.11%) | 0.90% (28.57%) | 0.70% (-36.36%) | 1.10% (1000.00%) |
Return on Sales (ROS) | 28.10% (6.84%) | 26.30% (22.90%) | 21.40% (-39.20%) | 35.20% (1073.33%) |
Return on Invested Capital (ROIC) | 1.20% (9.09%) | 1.10% (37.50%) | 0.80% (-46.67%) | 1.50% (1400.00%) |
Dividend Yield | 2.10% (-19.23%) | 2.60% (-3.70%) | 2.70% (107.69%) | 1.30% (-67.50%) |
Price to Earnings Ratio (P/E) | 12.94 (28.26%) | 10.09 (-19.39%) | 12.51 (33.78%) | 9.35 (-86.67%) |
Price to Sales Ratio (P/S) | 2.92 (33.03%) | 2.2 (4.02%) | 2.11 (-14.18%) | 2.46 (47.07%) |
Price to Book Ratio (P/B) | 1.31 (35.76%) | 0.96 (10.19%) | 0.87 (-14.41%) | 1.02 (50.89%) |
Debt to Equity Ratio (D/E) | 9.76 (3.92%) | 9.39 (-0.33%) | 9.43 (0.60%) | 9.37 (-2.08%) |
Earnings Per Share (EPS) | 5.43 (11.27%) | 4.88 (47.88%) | 3.3 (-35.67%) | 5.13 (1093.02%) |
Sales Per Share (SPS) | 24.02 (7.26%) | 22.39 (14.58%) | 19.54 (0.28%) | 19.49 (8.07%) |
Free Cash Flow Per Share (FCFPS) | 0.89 (-91.90%) | 10.94 (53.94%) | 7.11 (350.55%) | -2.84 (-669.68%) |
Book Value Per Share (BVPS) | 52.28 (3.82%) | 50.36 (6.32%) | 47.36 (2.55%) | 46.19 (2.99%) |
Tangible Assets Book Value Per Share (TABVPS) | 555.93 (7.51%) | 517.12 (6.03%) | 487.71 (3.02%) | 473.4 (1.19%) |
Enterprise Value Over EBIT (EV/EBIT) | 15 (36.36%) | 11 (-8.33%) | 12 (140.00%) | 5 (-92.54%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 11.15 (27.98%) | 8.72 (0.87%) | 8.64 (138.50%) | 3.62 (-74.61%) |
Asset Turnover | 0.04 (-2.33%) | 0.04 (10.26%) | 0.04 (-4.88%) | 0.04 (7.89%) |
Current Ratio | - | - | - | - |
Dividends | $1.5 (15.38%) | $1.3 (18.18%) | $1.1 (83.33%) | $0.6 (-50.82%) |
Free Cash Flow (FCF) | $3,035,000,000 (-92.48%) | $40,358,000,000 (49.21%) | $27,048,000,000 (334.69%) | -$11,525,000,000 (-661.92%) |
Enterprise Value (EV) | $342,226,423,888 (40.13%) | $244,218,306,723 (24.17%) | $196,674,169,178 (51.78%) | $129,582,418,565 (-13.00%) |
Earnings Before Tax (EBT) | $23,121,000,000 (6.31%) | $21,749,000,000 (36.55%) | $15,928,000,000 (-42.86%) | $27,873,000,000 (1155.54%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $30,679,000,000 (9.49%) | $28,020,000,000 (23.11%) | $22,760,000,000 (-36.36%) | $35,763,000,000 (242.59%) |
Invested Capital | $1,983,201,000,000 (0.81%) | $1,967,221,000,000 (2.32%) | $1,922,705,000,000 (2.07%) | $1,883,756,000,000 (-2.59%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $1,904,678,000,000 (-0.14%) | $1,907,293,000,000 (2.77%) | $1,855,847,000,000 (-3.49%) | $1,922,888,000,000 (-0.19%) |
Market Capitalization | $233,863,423,888 (30.83%) | $178,749,306,723 (13.61%) | $157,335,169,178 (-17.76%) | $191,307,418,565 (53.32%) |
Average Equity | $179,939,500,000 (-1.11%) | $181,952,250,000 (2.05%) | $178,297,750,000 (-5.55%) | $188,778,500,000 (3.73%) |
Average Assets | $1,937,799,000,000 (1.93%) | $1,901,112,250,000 (0.33%) | $1,894,904,000,000 (-2.93%) | $1,952,127,000,000 (-0.21%) |
Invested Capital Average | $1,982,618,750,000 (1.40%) | $1,955,185,000,000 (2.87%) | $1,900,594,500,000 (1.22%) | $1,877,603,250,000 (-5.64%) |
Shares | 3,329,490,659 (-8.32%) | 3,631,639,714 (-4.69%) | 3,810,490,898 (-4.43%) | 3,987,232,567 (-3.56%) |
