WELLS FARGO & COMPANY/MN

WFC-PL ·Financial, Banks - Diversified, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
Revenue $88.39B $88.27B $86.06B $84.35B $83.78B $86.09B $80.95B $85.21B
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense
Operating Income $36.73B $38.03B $37.62B $37.94B $36.92B $33.63B $30.31B $27.04B
Operating Margin 41.6% 43.1% 43.7% 45.0% 44.1% 39.1% 37.4% 31.7%
Interest Expense $9.35B $5.91B $3.98B $4.03B $4.29B $5.16B $6.65B $8.04B
Pretax Income $27.38B $32.12B $33.64B $33.92B $32.63B $28.47B $23.66B $19.00B
Income Tax Expense $4.92B $10.08B $10.37B $10.31B $10.41B $9.10B $7.45B $6.34B
Net Income $22.18B $21.94B $22.89B $23.06B $21.88B $18.90B $15.87B $12.36B
Net Margin 25.1% 24.9% 26.6% 27.3% 26.1% 22.0% 19.6% 14.5%
EPS (Basic) $4.14 $4.03 $4.18 $4.17 $3.95 $3.40 $2.85 $2.23
EPS (Diluted) $4.10 $3.99 $4.12 $4.10 $3.89 $3.36 $2.82 $2.21
Shares Outstanding (Basic) 4.96B 5.05B 5.14B 5.24B 5.29B 5.29B 5.28B 5.23B
Shares Outstanding (Diluted) 5.02B 5.11B 5.21B 5.32B 5.37B 5.35B 5.32B 5.26B
Dividends Per Share $1.54 $1.52 $1.48 $1.35 $1.15 $0.88 $0.48 $0.20
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