Wells Fargo & Company

NYSE-WFC

Basic

Market Cap
$203.14B
EV
—
Shares Out
3,402.71M
Revenue
$78.23B
Employees
222,544

Margins

Gross
—
EBITDA
—
Operating
—
Pre-Tax
27.74%
Net
23.96%
FCF
52.28%

Returns (5Yr Avg)

ROA
0.8%
ROTA
8.75%
ROE
8.27%
ROCE
—
ROIC
1.07%

Valuation (TTM)

P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—

Valuation (NTM)

Price Target
$63.82
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—

Financial Health

Cash
—
Net Debt
-$139.56B
Debt/Equity
—
EBIT/Interest
—

Growth (CAGR)

Rev 3Yr
-0.09%
Rev 5Yr
-1.34%
Rev 10Yr
—
Dil EPS 3Yr
9.1%
Dil EPS 5Yr
0.13%
Dil EPS 10Yr
1.87%
Rev Fwd 2Yr
0.32%
EBITDA Fwd 2Yr
-1.01%
EPS Fwd 2Yr
2.13%
EPS LT Growth Est
11.76%

Dividends

Yield
—
Payout
28.45%
DPS
$1.4
DPS Growth 3Yr
51.83%
DPS Growth 5Yr
-4.47%
DPS Growth 10Yr
1.14%
DPS Growth Fwd 2Yr
13.5%

Metric	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Interest Income On Loans						45,110	35,177	29,499	38,228	57,518	63,056
Interest Income On Investments						21,045	12,742	10,195	15,796	27,600	27,600
Interest Income, Total						66,155	47,919	39,694	54,024	85,118	90,656
Interest On Deposits						8,635	2,804	388	2,349	16,503	24,390
Total Interest On Borrowings						10,217	5,159	3,527	6,725	16,240	16,240
Interest Expense, Total						18,852	7,963	3,915	9,074	32,743	40,630
Net Interest Income						47,303	39,956	35,779	44,950	52,375	50,026
Service Charges On Deposits						7,293	6,602	6,920	6,713	6,140	6,306
Trust Income						9,814	9,863	11,011	9,004	8,670	9,139
Total Mortgage Banking Activities						2,715	3,530	4,956	1,383	829	868
Income From Trading Activities						3,976	2,710	7,264	1,461	4,368	4,800
Gain (Loss) on Sale of Assets						82	—	—	—	—	—
Gain (Loss) on Sale of Invest. & Securities						—	—	—	—	—	520
Total Other Non Interest Income						15,731	11,640	13,236	10,857	10,215	11,228
Non Interest Income, Total						39,611	34,345	43,387	29,418	30,222	32,861
Revenues Before Provison For Loan Losses						86,914	74,301	79,166	74,368	82,597	82,887
Provision For Loan Losses						2,687	14,129	-4,155	1,534	5,399	4,653
Total Revenues						84,227	60,172	83,321	72,834	77,198	78,234
Total Revenues % Chg.						-0.6%	-28.6%	38.5%	-12.6%	6%	3.5%
Salaries And Other Employee Benefits						33,911	34,189	34,536	33,362	34,707	34,753
Amort. of Goodwill & Intang. Assets					—	—	—	—	—	—	—
Occupancy Expense						1,419	1,815	1,631	1,582	1,626	1,592
Federal Deposit Insurance					—	—	—	—	—	—	—
Selling General & Admin Expenses, Total						13,840	12,475	11,892	11,345	12,197	12,334
Total Other Non Interest Expense						9,090	7,652	5,282	7,603	4,953	5,772
Non Interest Expense, Total						58,260	56,131	53,341	53,892	53,483	54,451
EBT, Excl. Unusual Items						25,967	4,041	29,980	18,942	23,715	23,783
Restructuring Charges	—	—	—	—	—	—	-1,499	-76	-5	—	—
Asset Writedown	—	—	—	—	—	—	-37	—	—	—	—
Legal Settlements	—	—	—	—	—	—	—	-341	-3,308	-179	-179
Other Unusual Items	—	—	—	—	—	—	—	—	—	-1,900	-1,900
EBT, Incl. Unusual Items						25,967	2,505	29,563	15,629	21,636	21,704
Income Tax Expense						5,761	-1,157	5,764	2,251	2,607	2,926
Earnings From Continuing Operations						20,206	3,662	23,799	13,378	19,029	18,778
Minority Interest						-491	-285	-1,690	299	113	-36
Net Income						19,715	3,377	22,109	13,677	19,142	18,742
Preferred Dividend and Other Adjustments						1,610	1,591	1,291	1,115	1,160	1,179
Net Income to Common Incl Extra Items						18,105	1,786	20,818	12,562	17,982	17,563
Net Income to Common Excl. Extra Items						18,105	1,786	20,818	12,562	17,982	17,563
Total Shares Outstanding						4,134.4	4,144	3,885.8	3,833.8	3,598.9	3,402.7
Weighted Avg. Shares Outstanding						4,393.1	4,118	4,061.9	3,805.2	3,688.3	3,569.1
Weighted Avg. Shares Outstanding Dil						4,425.4	4,134.2	4,096.2	3,837	3,720.4	3,605.8
EPS						4.1	0.4	5.1	3.3	4.9	4.9
EPS Diluted						4.1	0.4	5.1	3.3	4.8	4.9
Effective Tax Rate						22.2%	-46.2%	19.5%	14.4%	12%	13.5%