Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 82.3B
Net Income 20.0B 24.26%

Balance Sheet Metrics

Total Assets 1.9T
Total Liabilities 1.7T
Shareholders Equity 181.1B
Debt to Equity 9.66

Cash Flow Metrics

Operating Cash Flow -2.4B
Free Cash Flow 3.0B

Revenue & Profitability Trend

Wells Fargo Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 82.3B 82.6B 74.4B 79.2B 74.3B
Cost of Goods Sold - - - - -
Gross Profit - - - - -
Operating Expenses 37.2B 36.6B 34.8B 36.1B 35.4B
Operating Income - - - - -
Pre-tax Income 23.4B 21.6B 15.6B 29.6B 2.5B
Income Tax 3.4B 2.6B 2.3B 5.8B -1.2B
Net Income 20.0B 19.0B 13.4B 23.8B 3.7B
EPS (Diluted) - $4.83 $3.27 $5.08 $0.43

Income Statement Trend

Wells Fargo Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets - - - - -
Non-Current Assets - - - - -
Total Assets 1.9T - - - -
Liabilities
Current Liabilities - - - - -
Non-Current Liabilities - - - - -
Total Liabilities 1.7T - - - -
Equity
Total Shareholders Equity 181.1B 187.4B 182.2B 190.1B 185.7B

Balance Sheet Composition

Wells Fargo Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 20.0B 19.0B 13.4B 23.8B 3.7B
Operating Cash Flow -2.4B 29.5B 27.7B -6.9B -16.6B
Investing Activities
Capital Expenditures - - - - -
Investing Cash Flow -10.1B 14.4B 20.0B -7.5B 29.4B
Financing Activities
Dividends Paid -6.2B -5.9B -5.3B -3.6B -6.1B
Financing Cash Flow -35.2B 46.3B 38.8B -89.8B -83.0B
Free Cash Flow 3.0B 40.4B 27.0B -11.5B 2.1B

Cash Flow Trend

Wells Fargo Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 14.24
Forward P/E 14.43
Price to Book 1.59
Price to Sales 3.34
PEG Ratio 14.43

Profitability Ratios

Profit Margin 25.89%
Operating Margin 27.72%
Return on Equity 11.02%
Return on Assets 1.03%

Financial Health

Debt to Equity 1.80
Beta 1.16

Per Share Data

EPS (TTM) $5.56
Book Value per Share $49.82
Revenue per Share $23.02

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
wfc 257.7B 14.24 1.59 11.02% 25.89% 1.80
JPMorgan Chase 773.3B 13.65 2.33 17.35% 35.38% 3.06
Bank of America 342.7B 13.58 1.25 9.46% 28.58% 2.62
Royal Bank of Canada 181.0B 14.04 1.48 14.35% 31.33% 2.68
Bank of America 145.6B 5.40 0.52 9.46% 28.58% 2.62
Citigroup 148.2B 12.54 0.76 6.44% 18.62% 3.76

Financial data is updated regularly. All figures are in the company's reporting currency.