Wells Fargo Annual Income Statement (NYSE:WFC)

Add to My Stocks
$58.06 $0.25 (0.43%) WFC stock closing price Feb 27, 2017 (Closing)

Looking at financial statements, along with the Wells Fargo stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis.   The income statement gives the investor an understanding of the topline and bottomline numbers of the company and helps investors evaluate if a company has been growing or not. 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. 2016 revenue is $94.18B and has increased from $90.03B 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 2016 is $94.18B. View revenue and profit details for latest and last 10 financial years.

show more
Annual
Quarterly
View Previous Years
View Next Years
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 EPS5.11B5.21B5.32B5.37B5.35B5.32B5.26B4.56B3.39B3.38B
Average Shares used to compute Basic EPS5.05B5.14B5.24B5.29B5.29B5.28B5.23B4.55B3.38B3.35B
Income Before Nonrecurring Items22.3B23.03B23.06B21.88B18.9B15.87B12.61B12.55B2.84B8.06B
Income from Nonrecurring Items-357.81M------247M-272.71M--
Wells Fargo Earnings Per Share Basic Net
4.034.214.173.953.402.852.231.760.762.41
Wells Fargo Earnings Per Share Diluted Net
3.994.154.103.893.362.822.211.750.752.38
EPS Diluted Before Nonrecurring Items4.064.154.103.893.362.822.261.810.752.38
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common1.521.481.351.150.980.480.200.491.301.18
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Years
View Next Years
Get Income statement for another ticker

Before investing one should read a report on Wells Fargo stock analysis. It helps to look at the following income statement items:
  • Revenue: This is the inflow that is generated from the sale of goods or services and is $94.18B for this year of 2016. Our Wells Fargo revenue chart gives a clear visual representation of how the topline growth has been. Investors often invest in only those companies where the revenue is growing at a steady rate.
  • Bottom line: The Bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $94.18B - other expenses = $21.94B for WFC stock. An improving bottomline implies that the company is growing profits.
The income statement is also called statement of revenue and expense. The financials along with Wells Fargo historical stock prices provides a lot of details about the firm. .

Wells Fargo Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
14.5510
PS ratio (
price sales ratio
)
3.0983
Operating margin
37.9
Net profit margin
22.7
Dividend yield
2.62%