Invesaro

Stocks WFC Financial statements

Financial statements

WELLS FARGO & COMPANY/MN financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data WELLS FARGO & COMPANY/MN files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue88,26788,38986,40886,83274,26479,16674,36882,59782,29683,699
Selling and marketing6148571,0766006005058128691,094
Interest expense5,9099,35214,65218,8527,9633,9159,07432,743
Interest income5,1289543343,3081,0681,1371,101
Pre-tax income32,12027,37728,53825,9672,50529,56315,62921,63623,36425,199
Income tax10,0754,9175,6625,761-1,1575,7642,2512,6073,3993,841
Net income to minority interests1072774834912851,690-299-11324320
Net income21,93822,18322,39319,7153,37722,10913,67719,14219,72221,338
EPS, basic4.034.144.314.120.435.133.304.885.436.34
EPS, diluted3.994.104.284.090.435.083.274.835.376.26
Shares, basic (weighted)5,0534,9654,8004,3934,1184,0623,8053,6883,4263,202
Shares, diluted (weighted)5,1085,0174,8384,4254,1344,0963,8373,7203,4683,242
Dividend per share1.521.541.641.921.220.601.101.301.501.70

Balance sheet

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents221,400215,947173,287141,250264,612234,230159,157236,052201,902172,593
Property, plant and equipment8,3338,8478,9209,3098,8958,5718,3509,26610,29711,395
Lease right-of-use assets04,7244,3063,8053,8373,4123,8503,641
Goodwill26,69326,58726,41826,39026,39225,18025,17325,17525,16724,967
Intangible assets4,1153,0341,9881,8531,6401,4801,322
Total assets1,930,1151,951,7571,895,8831,927,5551,952,9111,948,0681,881,0201,932,4681,929,8452,148,631
Short-term debt96,781103,256105,787104,51258,99934,40951,14589,5592,70418,323
Total liabilities1,729,6181,743,6781,698,8171,739,5711,767,1991,757,9581,698,8071,745,0251,748,7791,965,593
Total debt255,077225,020229,044228,191212,950160,689174,870207,588173,078174,712
Paid-in capital60,23460,89360,68561,04960,19760,19660,31960,55560,81761,288
Retained earnings133,075145,263158,163166,697161,945180,322187,968201,136214,198228,873
Treasury stock-22,713-29,892-47,194-68,831-67,791-79,757-82,853-92,960-111,463-128,115
Other comprehensive income-3,137-2,144-6,336-1,311214-1,702-13,362-11,580-12,176-6,673
Shareholders' equity199,581206,936196,166187,146184,680187,606180,227185,735179,120181,117
Minority interests9161,1439008381,0322,5041,9861,7081,9461,921
Total equity200,497208,079197,066187,702184,994189,889182,213187,443181,066183,038
Total liabilities and equity1,930,1151,951,7571,895,8831,927,5551,952,9111,948,0681,881,0201,932,4681,929,8452,148,631
Shares outstanding3,8343,5993,2893,093

Cash flow statement

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income21,93822,18322,87620,0413,66223,79913,37819,02919,72221,338
Depreciation and amortization4,9705,4065,5936,5738,2197,8906,8326,2717,5587,713
Stock-based compensation7798491,0221,2176221,0059781,1221,2811,476
Deferred income tax1,7936661,970-3,192-3,289-1,1061,239-50-911-1,870
Cash from operations1,00818,61936,0736,7302,051-11,52527,04840,3583,035-19,001
Acquisitions-30,584-320-10
Purchases of investments-120,978-103,656-60,067-57,015-91,545-110,431-40,104-26,051-95,464-72,125
Sales and maturities of investments40,99845,68836,72546,54278,17475,70119,79114,87234,33120,837
Cash from investing-141,919-13,152-7,754-29,631122,554-7,619-42,47616,043-15,651-187,895
Debt repaid-34,462-80,802-40,565-60,996-65,347-47,134-19,587-22,886-55,582-34,470
Stock issued1,4151,211632380571
Share buybacks-8,116-9,908-20,633-24,533-3,415-14,464-6,033-11,851-19,448-17,516
Dividends paid-7,472-7,480-7,692-8,198-4,852-2,422-4,178-4,789-5,133-5,434
Cash from financing122,791-10,920-70,979-9,136-1,243-11,238-59,64520,494-21,534177,587
Net change in cash-18,120-5,453-42,660-32,037123,362-30,382-75,07376,895-34,150-29,309
Interest paid5,5739,10314,36618,8348,4144,3848,28930,43143,61939,806
Income taxes paid8,4466,592-1357,4931,1753,1663,376-1,7861,6641,419

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $82.97 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Pre-tax margin31.6%Pre-tax income / revenue.
Net margin26.0%Net income / revenue.
Operating cash flow margin22.1%Cash from operations / revenue.
Effective tax rate16.4%Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)12.5%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)1.0%Net income / average total assets.
D&A / revenue8.8%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y1.7%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y4.0%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y2.4%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y8.2%Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y16.0%Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y44.6%Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y16.6%EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y24.2%Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y70.9%Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y-726.1%Operating cash flow vs the same period a year earlier. Only from a positive base.
Dividend per share growth, 1y13.3%Dividend per share vs the same period a year earlier. Only from a positive base.
Dividend per share CAGR, 3y15.6%Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Dividend per share CAGR, 5y6.9%Compound annual growth of dividend per share over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y1.1%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y0.2%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y-0.4%Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y11.3%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y4.5%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y1.9%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y-6.5%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y-5.5%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y-4.7%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Debt / equity1.01xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets8.0%Total debt / total assets.
Liabilities / assets92.0%Total liabilities / total assets.
Net debt-$19.32BTotal debt - cash - short-term investments. Negative means more cash than debt.
Goodwill and intangibles / assets1.1%(Goodwill + intangible assets) / total assets.
Tangible book value$155.23BShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.04xRevenue / average total assets.
Fixed asset turnover7.46xRevenue / average property, plant and equipment.

Per share

MetricValueHow it is calculated
EPS, diluted$7.35Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$28.23Revenue / diluted weighted shares.
Operating cash flow per share$6.23Cash from operations / diluted weighted shares.
Book value per share$59.50Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$51.26Tangible book value / shares outstanding.
Cash per share$66.52(Cash + short-term investments) / shares outstanding.
Payout ratio24.7%Dividends paid / net income, when net income is positive.

Valuation

MetricValueHow it is calculated
Market cap$250.90BShare price x shares outstanding.
Enterprise value$231.58BMarket cap + total debt - cash - short-term investments.
P/E11.1xMarket cap / net income. Only when net income is positive.
P/S2.89xMarket cap / revenue.
P/B1.39xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book1.62xMarket cap / tangible book value, when positive.
P/OCF13.1xMarket cap / cash from operations, when positive.
EV/Sales2.67xEnterprise value / revenue.
Earnings yield9.0%Net income / market cap (the inverse of P/E).
Dividend yield2.2%Dividends paid over the period / market cap.
Shareholder yield9.4%(Dividends paid + share buybacks) / market cap.
PEG0.46xP/E / EPS growth per year over 3 years (in percent). Only when both are positive.
What was WELLS FARGO & COMPANY/MN's revenue in fiscal 2025?

WELLS FARGO & COMPANY/MN reported revenue of $83.70B for fiscal 2025, 1.7% higher than the year before.

Was WELLS FARGO & COMPANY/MN profitable in fiscal 2025?

Yes. Net income was $21.34B, a net margin of 25.5%.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

Open interactive statements, quarterly figures and charts

Back to WELLS FARGO & COMPANY/MN