Wells Fargo & Company/Mn financial data

Symbol
WFC, WFC-PR, WFC-PL, WFC-PY, WFC-PC, WFC-PA, WFC-PD, WFC-PZ on NYSE, WFCNP on OTC
Industry
National Commercial Banks
Location
420 Montgomery Street, San Francisco, California
State of incorporation
Delaware
Fiscal year end
December 31
Former names
WELLS FARGO & CO/MN (to 4/10/2012), NORWEST CORP (to 10/21/1998)
Latest financial report
Q1 2024 - May 2, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 954 % +0.31%
Return On Equity 10.2 % +24.3%
Return On Assets 0.98 % +24%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 3.49B shares -7.09%
Entity Public Float 156B USD +5.39%
Common Stock, Value, Issued 9.14B USD 0%
Weighted Average Number of Shares Outstanding, Basic 3.56B shares -5.96%
Weighted Average Number of Shares Outstanding, Diluted 3.6B shares -5.72%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 21.4B USD +27.2%
Income Tax Expense (Benefit) 2.61B USD +5.42%
Net Income (Loss) Attributable to Parent 18.8B USD +26.1%
Earnings Per Share, Basic 4.85 USD/shares +34%
Earnings Per Share, Diluted 4.8 USD/shares +33.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Operating Lease, Right-of-Use Asset 3.45B USD -8.78%
Goodwill 25.2B USD 0%
Assets 1.96T USD +3.86%
Liabilities 1.78T USD +4.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax -12.5B USD +0.21%
Retained Earnings (Accumulated Deficit) 204B USD +6.36%
Stockholders' Equity Attributable to Parent 181B USD -0.12%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 183B USD -0.3%
Liabilities and Equity 1.96T USD +3.86%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -12.1B USD -264%
Net Cash Provided by (Used in) Financing Activities 23.6B USD
Net Cash Provided by (Used in) Investing Activities 21.1B USD
Common Stock, Shares Authorized 9B shares 0%
Common Stock, Shares, Issued 5.48B shares 0%
Common Stock, Par or Stated Value Per Share 1.67 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 32.5B USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 269B USD +71.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 10.4B USD +89.6%
Deferred Tax Assets, Valuation Allowance 222M USD -4.31%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Operating Lease, Liability 4.07B USD -7.14%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 18.8B USD +106%
Lessee, Operating Lease, Liability, to be Paid 4.49B USD -7.71%
Lessee, Operating Lease, Liability, to be Paid, Year Two 887M USD -6.34%
Lessee, Operating Lease, Liability, to be Paid, Year One 875M USD -0.91%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Deferred Income Tax Expense (Benefit) -50M USD -104%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 430M USD +7.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 747M USD -3.24%
Preferred Stock, Shares Issued 4.68M shares -0.71%
Deferred Federal Income Tax Expense (Benefit) -662M USD -186%
Current Income Tax Expense (Benefit) 2.66B USD +163%
Unrecognized Tax Benefits 4.11B USD -24.3%
Lessee, Operating Lease, Liability, to be Paid, Year Four 598M USD -5.53%
Additional Paid in Capital 60.1B USD +0.31%
Current State and Local Tax Expense (Benefit) -453M USD -907%
Current Federal Tax Expense (Benefit) 2.88B USD +225%
Amortization of Intangible Assets 74M USD 0%
Deferred State and Local Income Tax Expense (Benefit) 586M USD +21.8%
Interest Expense 37.3B USD +164%