Wells Fargo Annual Income Statement (NYSE:WFC)

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$55.07 $0.49 (0.9%) WFC stock closing price Jan 20, 2017 (Closing)

WFC stock valuation based on fundamental analysis involves checking and analyzing financial statements and not just the Wells Fargo stock price. An income statement is one of the three key financial statements furnished by a company, the other two being the balance sheet and the cashflow statement. The income statement for WFC which implies a YoY revenue growth of $4.14B is specific to a period of time. Investors typically check YoY or QoQ revenue growth. The Wells Fargo profit and loss statement for 2016 shows a profit of $21.94B. Profits have reduced from $22.89B YoY. Apart from this an investor should also check Wells Fargo assets and Wells Fargo free cash flow. Wells Fargo revenue for 2016 is $94.18B. View revenue and profit details for latest and last 10 financial years.

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Wells Fargo Net Sales or Revenues
94.18B90.03B88.37B88.07B91.25B87.6B93.25B98.64B51.65B53.59B
Cost Of Goods Sold (COGS)1.4B963M1.1B1.34B1.73B2.28B2.83B3.77B4.52B8.15B
Wells Fargo Gross Profit
92.78B89.07B87.28B86.73B89.52B85.32B90.42B94.86B47.13B45.44B
Research & Development Expense----------
Selling General & Admin Expense54.96B51.17B49.06B49.65B55.94B55.41B64.01B68.11B38.64B27.76B
Income Before Depreciation Depletion Amortization37.83B37.9B38.21B37.09B33.58B29.91B26.41B26.75B8.49B17.68B
Depreciation Depletion Amortization1.19B1.25B1.37B1.5B1.67B1.88B2.2B2.58B--
Non Operating Income----------
Interest Expense4.51B3.01B2.93B2.95B3.43B4.37B5.21B6.18B5.23B6.05B
Wells Fargo Pretax Income
32.12B33.64B33.92B32.63B28.47B23.66B19B18B3.26B11.63B
Provision for Income Taxes10.08B10.37B10.31B10.41B9.1B7.45B6.34B5.33B602M3.57B
Minority Interest107M382M551M346M471M342M301M392M--
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations22.05B23.28B23.61B22.22B19.37B16.21B12.66B12.67B2.66B8.06B
Extraordinary Items & Discontinued Operations----------
Wells Fargo Net Income (Profit/Loss)
21.94B22.89B23.06B21.88B18.9B15.87B12.36B12.28B2.66B8.06B
Average Shares used to compute Diluted EPS-5.21B5.32B5.37B5.35B5.32B5.26B4.56B3.39B3.38B
Average Shares used to compute Basic EPS-5.14B5.24B5.29B5.29B5.28B5.23B4.55B3.38B3.35B
Income Before Nonrecurring Items-23.03B23.06B21.88B18.9B15.87B12.61B12.55B2.84B8.06B
Income from Nonrecurring Items-------247M-272.71M--
Wells Fargo Earnings Per Share Basic Net
-4.214.173.953.402.852.231.760.762.41
Wells Fargo Earnings Per Share Diluted Net
-4.154.103.893.362.822.211.750.752.38
EPS Diluted Before Nonrecurring Items-4.154.103.893.362.822.261.810.752.38
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common-1.481.351.150.980.480.200.491.301.18
All figures in USD. M: Millions of USD, B: Billions of USD.
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It is very helpful to read a report on Wells Fargo stock analysis. An investor must check the following items in an income statement:
  • Revenue: The money received by selling of goods or services comes under this line item. A YoY growth (See: Wells Fargo revenue chart) implies that the company is growing, which has been the case with Wells Fargo. One must stay away from stocks whose revenues are declining.
  • Bottom line: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $21.94B for Wells Fargo for 2016. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.
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)
13.8020
PS ratio (
price sales ratio
)
2.9388
Operating margin
39.5
Net profit margin
23.7
Dividend yield
2.76%