TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Jun 2025

Income Metrics

Revenue 20.6B
Net Income 5.5B 26.85%
EPS (Diluted) $1.60

Balance Sheet Metrics

Total Assets 2.0T
Total Liabilities 1.8T
Shareholders Equity 182.9B
Debt to Equity 9.66

Cash Flow Metrics

Operating Cash Flow -14.6B
Free Cash Flow -11.0B

Revenue & Profitability Trend

Wells Fargo Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i82.3B82.6B74.4B79.2B74.3B
Cost of Goods Sold i-----
Gross Profit i-----
Gross Margin % i0.0%0.0%0.0%0.0%0.0%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i37.2B36.6B34.8B36.1B35.4B
Other Operating Expenses i-----
Total Operating Expenses i37.2B36.6B34.8B36.1B35.4B
Operating Income i-----
Operating Margin % i0.0%0.0%0.0%0.0%0.0%
Non-Operating Items
Interest Income i-----
Interest Expense i-----
Other Non-Operating Income-----
Pre-tax Income i23.4B21.6B15.6B29.6B2.5B
Income Tax i3.4B2.6B2.3B5.8B-1.2B
Effective Tax Rate % i14.5%12.0%14.4%19.5%-46.2%
Net Income i20.0B19.0B13.4B23.8B3.7B
Net Margin % i24.3%23.0%18.0%30.1%4.9%
Key Metrics
EBITDA i-----
EPS (Basic) i$5.43$4.88$3.30$5.13$0.43
EPS (Diluted) i$5.37$4.83$3.27$5.08$0.43
Basic Shares Outstanding i34261000003688300000380520000040619000004118000000
Diluted Shares Outstanding i34261000003688300000380520000040619000004118000000

Income Statement Trend

Wells Fargo Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i203.4B237.2B159.2B234.2B264.6B
Short-term Investments i160.1B125.5B113.6B177.2B220.4B
Accounts Receivable i23.0B34.5B27.1B22.8B41.0B
Inventory i-----
Other Current Assets-----
Total Current Assets i-----
Non-Current Assets
Property, Plant & Equipment i19.4B18.2B18.0B18.6B11.7B
Goodwill i58.1B58.9B60.8B58.8B60.5B
Intangible Assets i7.8B8.5B10.5B8.4B7.8B
Long-term Investments-----
Other Non-Current Assets-----
Total Non-Current Assets i-----
Total Assets i1.9T----
Liabilities
Current Liabilities
Accounts Payable i-----
Short-term Debt i13.6B11.9B20.5B13.2B12.6B
Current Portion of Long-term Debt-----
Other Current Liabilities-----
Total Current Liabilities i-----
Non-Current Liabilities
Long-term Debt i173.1B207.6B174.9B160.7B213.0B
Deferred Tax Liabilities i---2.8B4.7B
Other Non-Current Liabilities-----
Total Non-Current Liabilities i-----
Total Liabilities i1.7T----
Equity
Common Stock i9.1B9.1B9.1B9.1B9.1B
Retained Earnings i214.2B201.1B188.0B180.3B162.7B
Treasury Stock i111.5B93.0B82.9B79.8B67.8B
Other Equity-----
Total Shareholders Equity i181.1B187.4B182.2B190.1B185.7B
Key Metrics
Total Debt i186.6B219.5B195.4B173.9B225.6B
Working Capital i00000

Balance Sheet Composition

Wells Fargo Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i20.0B19.0B13.4B23.8B3.7B
Depreciation & Amortization i7.6B6.3B6.8B7.9B8.2B
Stock-Based Compensation i----1.8B
Working Capital Changes i-21.1B666.0M30.3B32.3B25.4B
Operating Cash Flow i-2.4B29.5B27.7B-6.9B-16.6B
Investing Activities
Capital Expenditures i-----
Acquisitions i-----
Investment Purchases i-103.8B-36.1B-49.4B-189.4B-147.0B
Investment Sales i93.9B50.1B68.7B178.1B175.6B
Investing Cash Flow i-10.1B14.4B20.0B-7.5B29.4B
Financing Activities
Share Repurchases i-22.3B-13.6B-6.0B-21.1B-7.0B
Dividends Paid i-6.2B-5.9B-5.3B-3.6B-6.1B
Debt Issuance i29.0B49.1B53.7B1.3B38.1B
Debt Repayment i-55.6B-22.9B-19.6B-47.1B-65.3B
Financing Cash Flow i-35.2B46.3B38.8B-89.8B-83.0B
Free Cash Flow i3.0B40.4B27.0B-11.5B2.1B
Net Change in Cash i-47.6B90.2B86.6B-104.2B-70.1B

Cash Flow Trend

Wells Fargo Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 13.25
Forward P/E 14.04
Price to Book 1.51
Price to Sales 3.18
PEG Ratio 0.69

Profitability Ratios

Profit Margin 26.52%
Operating Margin 33.10%
Return on Equity 11.50%
Return on Assets 1.06%

Financial Health

Debt to Equity 2.08
Beta 1.20

Per Share Data

EPS (TTM) $5.82
Book Value per Share $51.08
Revenue per Share $23.51

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
wfc247.0B13.251.5111.50%26.52%2.08
JPMorgan Chase 798.8B14.902.3716.21%34.52%3.27
Bank of America 354.9B14.051.299.46%28.51%2.73
Citigroup 172.5B13.840.886.76%19.47%3.64
Bank of America 149.9B5.550.539.46%28.51%2.73
Toronto-Dominion 127.6B10.561.0414.60%27.93%3.93

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