WFC
Income statement / Annual
Last year (2024), Wells Fargo & Company's total revenue was $77.96 B,
an increase of 0.99% from the previous year.
In 2024, Wells Fargo & Company's net income was $19.72 B.
See Wells Fargo & Company,s key income statements, including revenue, expenses, profit, and income.
Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
Operating Revenue |
$77.96 B |
$77.20 B |
$73.79 B |
$78.49 B |
$72.34 B |
$85.06 B |
$86.41 B |
$87.12 B |
$87.39 B |
$83.83 B |
Cost of Revenue |
$0.00
|
-$5.40 B
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
Gross Profit |
$77.96 B
|
$82.60 B
|
$73.79 B
|
$78.49 B
|
$72.34 B
|
$85.06 B
|
$86.41 B
|
$87.12 B
|
$87.39 B
|
$83.83 B
|
Gross Profit Ratio |
1
|
1.07
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
General & Administrative Expenses |
$4.61 B
|
$35.83 B
|
$5.19 B
|
$5.72 B
|
$6.71 B
|
$6.75 B
|
$6.59 B
|
$38.46 B
|
$38.23 B
|
$35.91 B
|
Selling & Marketing Expenses |
$869.00 M
|
$812.00 M
|
$505.00 M
|
$600.00 M
|
$600.00 M
|
$1.08 B
|
$857.00 M
|
$614.00 M
|
$595.00 M
|
$606.00 M
|
Selling, General & Administrative Expenses |
$49.47 B
|
$48.53 B
|
$46.29 B
|
$48.06 B
|
$48.48 B
|
$49.17 B
|
$46.32 B
|
$39.07 B
|
$38.83 B
|
$36.51 B
|
Other Expenses |
$0.00
|
$0.00
|
$10.99 B
|
$5.73 B
|
$9.19 B
|
$9.09 B
|
$9.84 B
|
$19.54 B
|
$13.60 B
|
$13.54 B
|
Operating Expenses |
$49.47 B
|
$48.53 B
|
$57.28 B
|
$53.79 B
|
$57.67 B
|
$58.26 B
|
$56.16 B
|
$58.61 B
|
$52.42 B
|
$50.05 B
|
Cost And Expenses |
$49.47 B
|
$48.53 B
|
$57.28 B
|
$53.79 B
|
$57.67 B
|
$58.26 B
|
$56.16 B
|
$58.61 B
|
$52.42 B
|
$50.05 B
|
Interest Income |
$0.00
|
$85.12 B
|
$54.02 B
|
$39.69 B
|
$47.80 B
|
$66.08 B
|
$64.65 B
|
$58.91 B
|
$53.66 B
|
$49.28 B
|
Interest Expense |
$0.00
|
$32.74 B
|
$9.07 B
|
$3.92 B
|
$7.96 B
|
$18.85 B
|
$14.65 B
|
$9.35 B
|
$5.91 B
|
$3.98 B
|
Depreciation & Amortization |
-$4.49 B
|
$6.27 B
|
$7.31 B
|
$8.49 B
|
$8.97 B
|
$7.92 B
|
$5.59 B
|
$5.41 B
|
$4.97 B
|
$35.86 B
|
EBITDA |
$24.00 B |
$27.91 B |
$22.28 B |
$37.31 B |
$0.00 |
$0.00 |
$34.13 B |
$0.00 |
$37.09 B |
$69.50 B |
EBITDA Ratio |
0.31
|
0.36
|
0.41
|
0.74
|
0.11
|
0.61
|
0.66
|
0.68
|
0.79
|
0.86
|
Operating Income Ratio |
0.37
|
0.37
|
0.2
|
0.37
|
0.06
|
0.31
|
0.33
|
0.34
|
0.39
|
0.43
|
Total Other Income/Expenses Net |
-$5.13 B
|
-$7.03 B
|
-$6.83 B
|
-$6.45 B
|
-$9.19 B
|
-$9.09 B
|
-$9.84 B
|
-$19.54 B
|
-$13.60 B
|
-$13.54 B
|
Income Before Tax |
$23.36 B
|
$21.64 B
|
$14.97 B
|
$28.82 B
|
$2.51 B
|
$25.97 B
|
$28.54 B
|
$27.38 B
|
$32.12 B
|
$33.64 B
|
Income Before Tax Ratio |
0.3
|
0.28
|
0.2
|
0.37
|
0.03
|
0.31
|
0.33
|
0.31
|
0.37
|
0.4
|
Income Tax Expense |
$3.40 B
|
$2.61 B
|
$2.09 B
|
$5.58 B
|
$1.16 B
|
$5.76 B
|
$5.66 B
|
$4.92 B
|
$10.08 B
|
$10.37 B
|
Net Income |
$19.72 B
|
$19.14 B
|
$13.68 B
|
$22.11 B
|
$1.79 B
|
$19.72 B
|
$22.39 B
|
$22.18 B
|
$21.94 B
|
$22.89 B
|
Net Income Ratio |
0.25
|
0.25
|
0.19
|
0.28
|
0.02
|
0.23
|
0.26
|
0.25
|
0.25
|
0.27
|
EPS |
5.43 |
4.88 |
3.17 |
4.99 |
0.43 |
4.08 |
4.67 |
4.14 |
4.03 |
4.18 |
EPS Diluted |
5.37 |
4.83 |
3.14 |
4.95 |
0.43 |
4.05 |
4.63 |
4.1 |
3.99 |
4.12 |
Weighted Average Shares Out |
$3.43 B
|
$3.69 B
|
$3.81 B
|
$4.06 B
|
$4.12 B
|
$4.39 B
|
$4.80 B
|
$5.01 B
|
$5.11 B
|
$5.21 B
|
Weighted Average Shares Out Diluted |
$3.47 B
|
$3.72 B
|
$3.84 B
|
$4.10 B
|
$4.13 B
|
$4.43 B
|
$4.84 B
|
$5.02 B
|
$5.11 B
|
$5.21 B
|
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