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[WFC] Wells Fargo & Co. Income Statement
Data updated 2023-Dec-16 (Saturday)Note: Easy to read Income Statement for Wells Fargo & Co. [NYSE:WFC] with charts that analyze trends of statement items & metrics and compare them with peers
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    Quarterly Income Statement values for Wells Fargo & Co. are rounded to enhance readability. Hover on cells below for additional contextual info. Key metrics are also provided for your convenience
  
    
    
        
              
                
                
                
                
        
    
    
    
     
    
            
            
            
      
    
            
            
      
  
| 2022-Jun | 2022-Sep | 2022-Dec | 2023-Mar | 2023-Jun | 2023-Sep | |
|---|---|---|---|---|---|---|
| Revenue Detail | 17 B | 19.5 B | 19.7 B | 20.7 B | 20.5 B | 20.9 B | 
| Cost of Revenue Detail | 2.08 B | 3.75 B | - | 1.9 B | 1.89 B | 2.03 B | 
| Gross Profit Detail | 14.9 B | 15.8 B | 19.7 B | 18.8 B | 18.6 B | 18.8 B | 
| Gross Profit Margin Detail | 87.8% | 80.8% | 100.0% | 90.8% | 90.8% | 90.3% | 
| Total Operating Expenses Detail | 102 M | 126 M | -14.1 B | 154 M | -6.96 B | -14.3 B | 
| Operating Income Detail | 14.8 B | 15.6 B | 33.8 B | 18.7 B | 25.6 B | 33.1 B | 
| Operating Margin Detail | 87.2% | 80.1% | 171.9% | 90.1% | 124.7% | 158.7% | 
| Non-Operating Detail | 9.76 B | 11 B | 28.3 B | 8.25 B | 12 B | 28.1 B | 
| EBIT Detail | 5.09 B | 4.59 B | 5.52 B | 10.4 B | 13.6 B | 4.98 B | 
| EBIT Margin Detail | 29.9% | 23.6% | 28.1% | 50.3% | 66.1% | 23.9% | 
| Interest Detail | -1.53 B | -200 M | -3.02 B | -4.58 B | -7.74 B | 1.57 B | 
| EBT Detail | 3.57 B | 4.39 B | 2.5 B | 5.85 B | 5.83 B | 6.55 B | 
| Pretax Margin Detail | 20.9% | 22.5% | 12.7% | 28.2% | 28.4% | 31.4% | 
| Interest Coverage Ratio Detail | 3.34 | 23 | 1.83 | 2.28 | 1.75 | - | 
| Taxes Detail | 613 M | 894 M | -127 M | 966 M | 930 M | 811 M | 
| Minority Interest Detail | -167 M | -28 M | -236 M | -111 M | -35 M | -31 M | 
| Net Income Detail | 3.12 B | 3.53 B | 2.86 B | 4.99 B | 4.94 B | 5.77 B | 
| Net Margin Detail | 18.3% | 18.1% | 14.6% | 24.1% | 24.1% | 27.7% | 
| Related | ||||||
| Depreciation & Amortization Detail | 1.77 B | 1.69 B | 1.58 B | 1.55 B | -35 M | 1.6 B | 
| EBITDA Detail | 6.86 B | 6.28 B | 7.1 B | 12 B | 13.5 B | 6.58 B | 
| EBITDA Margin Detail | 40.3% | 32.2% | 36.1% | 57.8% | 65.9% | 31.5% | 
| Shares Detail | 3.79 B | 3.8 B | 3.8 B | 3.79 B | 3.7 B | 3.65 B | 
| Diluted Shares Detail | 3.82 B | 3.83 B | 3.83 B | 3.82 B | 3.73 B | 3.68 B | 
| EPS Detail | 0.74 | 0.85 | 0.67 | 1.23 | 1.25 | 1.48 | 
| Diluted EPS Detail | 0.74 | 0.85 | 0.67 | 1.23 | 1.25 | 1.48 | 
| EBITDA / Share Detail | 1.8 | 1.64 | 1.85 | 3.14 | 3.63 | 1.79 | 
        
       
        Chart shows absolute values of Revenue using quarterly statements for Wells Fargo & Co.. Fiscal Dates standardized to enable peer comparisons 
      
      
    
        
            
    
    
    
    
    
    
    
        
  
     
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      Subsequent stock performance post quarterly earnings date till next announcement for Wells Fargo & Co..  Dates correspond to earnings announcement dates for the period when new financial data became available to the market. Prices have been adjusted for any splits
    
      
    
    
        
  
    
    
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    Information for Wells Fargo & Co.
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