Wells Fargo & Company
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $21.34B | $19.72B | $19.14B | $13.68B | $22.11B | $3.38B | $19.72B | $22.39B |
| Depreciation & Amortization | $7.71B | $7.56B | $6.27B | $6.83B | $7.89B | $8.22B | $6.57B | $5.59B |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | $306.0M | $305.0M | $403.0M | $108.0M | $1.06B |
| Stock-Based Compensation | $1.48B | $1.28B | $1.12B | $978.0M | $1.01B | $622.0M | $1.22B | $1.02B |
| Net Cash from Operating Activities | $-19.00B | $3.04B | $40.36B | $27.05B | $-11.53B | $2.05B | $6.73B | $36.07B |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | $10.0M |
| Net Cash from Investing Activities | $-187.90B | $-15.65B | $16.04B | $-42.48B | $-7.62B | $122.55B | $-29.63B | $-7.75B |
| Financing Activities | ||||||||
| Dividends Paid | $5.43B | $5.13B | $4.79B | $4.18B | $2.42B | $4.85B | $8.20B | $7.69B |
| Stock Repurchases | $17.52B | $19.45B | $11.85B | $6.03B | $14.46B | $3.42B | $24.53B | $20.63B |
| Net Cash from Financing Activities | $177.59B | $-21.53B | $20.49B | $-59.65B | $-11.24B | $-1.24B | $-9.14B | $-70.98B |
| Net Change in Cash | $-29.31B | $-34.15B | $76.90B | $-75.07B | $-30.38B | $123.36B | $-32.04B | $-42.66B |
| Free Cash Flow | — | — | — | — | — | — | — | — |