Wells Fargo & Company (BMV:WFC)

Wells Fargo & Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Interest Income	46,729	47,676	52,375	44,950	35,779	39,956
Net Interest Income Growth	-6.59%	-8.97%	16.52%	25.63%	-10.45%	-15.53%
Non-Interest Income	34,986	34,620	30,222	29,418	43,387	34,308
Non-Interest Income Growth	6.47%	14.55%	2.73%	-32.20%	26.46%	-13.21%
Revenues Before Loan Losses	81,715	82,296	82,597	74,368	79,166	74,264
Provision for Credit Losses	4,097	4,334	5,399	1,534	-4,155	14,129
Revenue	77,618	77,962	77,198	72,834	83,321	60,135
Revenue Growth (YoY)	-0.79%	0.99%	5.99%	-12.59%	38.56%	-28.53%
Compensation Expenses	35,845	35,729	35,829	34,340	35,541	34,811
Selling, General & Admin	13,425	13,111	12,701	11,949	12,518	13,668
Other Non-Interest Expenses	4,967	5,758	7,032	10,916	5,699	9,151
Total Non-Interest Expense	54,237	54,598	55,562	57,205	53,758	57,630
Pretax Income	23,381	23,364	21,636	15,629	29,563	2,505
Provision for Income Taxes	2,622	3,399	2,607	2,251	5,764	-1,157
Net Income	19,483	18,606	17,982	12,562	20,818	1,786
Minority Interest in Earnings	178	243	-113	-299	1,690	285
Net Income Attributable to Preferred Dividends	1,098	1,116	1,160	1,115	1,291	1,591
Net Income to Common	19,483	18,606	17,982	12,562	20,818	1,786
Net Income Growth	10.93%	3.47%	43.15%	-39.66%	1065.62%	-90.13%
Shares Outstanding (Basic)	3,303	3,426	3,688	3,805	4,062	4,118
Shares Outstanding (Diluted)	3,343	3,468	3,720	3,837	4,096	4,134
Shares Change (YoY)	-7.28%	-6.79%	-3.04%	-6.33%	-0.92%	-6.58%
EPS (Basic)	5.89	5.43	4.88	3.30	5.13	0.43
EPS (Diluted)	5.84	5.37	4.83	3.27	5.08	0.43
EPS Growth	19.67%	11.18%	47.71%	-35.63%	1081.39%	-89.49%
Free Cash Flow	-9,143	3,035	40,358	27,048	-11,525	2,051
Free Cash Flow Growth	-	-92.48%	49.21%	-	-	-69.53%
Free Cash Flow Per Share	-2.73	0.88	10.85	7.05	-2.81	0.50
Dividends Per Share	1.600	1.500	1.300	1.100	0.600	1.220
Dividend Growth	6.67%	15.38%	18.18%	83.33%	-50.82%	-36.46%
Profit Margin	26.75%	25.61%	24.81%	18.37%	28.56%	6.09%
FCF Margin	-11.78%	3.89%	52.62%	37.14%	-13.83%	3.41%
EBITDA	7,518	7,558	6,271	6,832	7,890	8,219
EBITDA Margin	9.69%	9.69%	8.18%	9.38%	9.47%	13.67%
Effective Tax Rate	11.21%	14.55%	12.05%	14.40%	19.50%	-46.19%

Updated Jun 30, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.