Wells Fargo Annual Income Statement (NYSE:WFC)

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$46.41 $0.26 (0.56%) WFC stock closing price Oct 27, 2016 (Closing)

Stock analysis based on fundamentals means looking at financial statements in addition to the Wells Fargo stock price. The income statement is a summary of the revenue, expenses and profitability (shown as Net Income) or lack of it. Like any other income statement, the WFC income statement also itemizes revenue, operating expenses, and profits for a quarter or year and reflects a YoY revenue growth of $1.66B when compared to the same period in the past. 2015 revenue is $90.03B and has increased from $88.37B year on year as is evident when you compare the latest figures in the latest Wells Fargo profit and loss statement with those of the prior corresponding period. (See also:Wells Fargo assets and Wells Fargo free cash flow) Wells Fargo revenue for 2015 is $90.03B. View revenue and profit details for latest and last 10 financial years.

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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Wells Fargo Net Sales or Revenues
Cost Of Goods Sold (COGS)963M1.1B1.34B1.73B2.28B2.83B3.77B4.52B8.15B7.17B
Wells Fargo Gross Profit
Research & Development Expense----------
Selling General & Admin Expense51.17B49.06B49.65B55.94B55.41B64.01B68.11B38.64B27.76B22.95B
Income Before Depreciation Depletion Amortization37.9B38.21B37.09B33.58B29.91B26.41B26.75B8.49B17.68B17.86B
Depreciation Depletion Amortization1.25B1.37B1.5B1.67B1.88B2.2B2.58B---
Non Operating Income----------
Interest Expense3.01B2.93B2.95B3.43B4.37B5.21B6.18B5.23B6.05B5.11B
Wells Fargo Pretax Income
Provision for Income Taxes10.37B10.31B10.41B9.1B7.45B6.34B5.33B602M3.57B4.26B
Minority Interest382M551M346M471M342M301M392M---
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations23.28B23.61B22.22B19.37B16.21B12.66B12.67B2.66B8.06B8.48B
Extraordinary Items & Discontinued Operations----------
Wells Fargo Net Income (Profit/Loss)
Average Shares used to compute Diluted EPS5.21B5.32B5.37B5.35B5.32B5.26B4.56B3.39B3.38B3.41B
Average Shares used to compute Basic EPS5.14B5.24B5.29B5.29B5.28B5.23B4.55B3.38B3.35B3.37B
Income Before Nonrecurring Items23.03B23.06B21.88B18.9B15.87B12.61B12.55B2.84B8.06B8.48B
Income from Nonrecurring Items------247M-272.71M---
Wells Fargo Earnings Per Share Basic Net
Wells Fargo Earnings Per Share Diluted Net
EPS Diluted Before Nonrecurring Items4.154.103.893.362.822.261.810.752.382.49
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common1.481.351.150.980.480.200.491.301.181.08
All figures in USD. M: Millions of USD, B: Billions of USD.

Before investing one should read a report on Wells Fargo stock analysis. It helps to look at the following income statement items:
  • Topline: A growing topline, as seen from the Wells Fargo revenue chart, as is the case with Wells Fargo indicates a growing business. One needs to compare the QoQ or YoY topline growth of WFC stock with its peers like JPM stock and BAC stock to see if the growth compares well with what can be expected for a company in that industry.
  • Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. WFC stock had a healthy bottom line growth.
The income statement is also called the profit and loss statement. Apart from the income statement, one can check the Wells Fargo historical stock prices to check how the price has moved with time. .

Wells Fargo Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
PS ratio (
price sales ratio
Operating margin
Net profit margin
Dividend yield