Wells Fargo Revenue, Profits - WFC Quarterly Income Statement

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$55.9 $0.93 (1.64%) WFC stock closing price Mar 16, 2018 (Closing)

Fundamental analysis of WFC stock involves analyzing its financial statements, apart from checking 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. When compared with the corresponding income statement from the past, the latest income statement shows how revenue has grown from 24.51B to 24.7B and how operating and non operating activities have impacted the WFC stock. The Wells Fargo profit and loss statement for 2017 Q4 shows a net profit of $6.15B. Profits for last year was $4.6B. Apart from this an investor should also check Wells Fargo assets and Wells Fargo free cash flow.

View and download details of revenue and profits for Wells Fargo for latest & last 40 quarters.
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Fiscal year is Jan - Dec2017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q3
Wells Fargo Revenues or Net Sales
Cost Of Goods Sold (COGS)923M870M683M537M400M356M332M307M241M232M
Wells Fargo Gross Profit
Research & Development Expense----------
Selling General & Admin Expense17.16B14.78B13.81B14.11B13.72B13.77B13.64B13.82B13.12B12.79B
Income Before Depreciation Depletion Amortization6.82B8.86B9.91B9.28B9.12B9.73B9.6B9.37B9.28B9.84B
Depreciation Depletion Amortization288M288M287M289M301M299M299M293M311M311M
Non Operating Income----------
Interest Expense1.69B1.71B1.55B1.39B1.26B1.18B1.08B998M814M756M
Wells Fargo Pretax Income
Provision for Income Taxes-1.57B2.2B2.23B2.06B2.26B2.6B2.65B2.57B2.53B2.79B
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations6.15B4.6B5.81B5.46B5.27B5.64B5.56B5.46B5.71B5.8B
Extraordinary Items & Discontinued Operations----------
Wells Fargo Profit/ Loss (Net Income)
Average Shares used to compute Diluted EPS4.96B5B5.04B5.07B5.08B5.09B5.12B5.14B5.18B5.19B
Average Shares used to compute Basic EPS4.91B4.95B4.99B5.01B5.03B5.04B5.07B5.08B5.11B5.13B
Income Before Nonrecurring Items5.21B5.6B5.81B5.46B5.63B5.64B5.56B5.46B5.71B5.8B
Income from Nonrecurring Items942.99M-999.36M---355.46M-----
Wells Fargo Earnings Per Share Basic Net
Wells Fargo Earnings Per Share Diluted Net
EPS Diluted Before Nonrecurring Items0.971.
Preferred Dividends Acc Pd403.38M389.69M--------
Dividends Common1920.461935.94--------
Dividend Per Share Common0.390.390.380.380.380.380.380.380.380.38
All figures in USD. M: Millions of USD, B: Billions of USD.
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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 topline or sales 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 from a company in that industry.
  • Bottom line: Most businesses like Wells Fargo try to grow their profits by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.

The income statement is also called statement of revenue and expense. The WFC financials along with Wells Fargo historical stock prices provide a lot of details about the firm.

Wells Fargo Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
PS Ratio (price sales ratio)
Operating Margin
Net Profit Margin
Dividend Yield