Wells Fargo & Co.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $86.41B | $88.39B | $88.27B | $86.06B | $84.35B | $83.78B | $86.09B | $80.95B |
| Consumer Banking and Lending | $39.92B | — | — | — | — | — | — | — |
| Commercial Banking | $13.08B | — | — | — | — | — | — | — |
| Corporate and Investment Banking | $14.07B | — | — | — | — | — | — | — |
| Wealth and Investment Management | $15.87B | — | — | — | — | — | — | — |
| Corporate | $6.27B | — | — | — | — | — | — | — |
| Reconciling Items | $-2.80B | — | — | — | — | — | — | — |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $43.19B | $36.73B | $38.03B | $37.62B | $37.94B | $36.92B | $33.63B | $30.31B |
| Operating Margin | 50.0% | 41.6% | 43.1% | 43.7% | 45.0% | 44.1% | 39.1% | 37.4% |
| Interest Expense | $14.65B | $9.35B | $5.91B | $3.98B | $4.03B | $4.29B | $5.16B | $6.65B |
| Pretax Income | $28.54B | $27.38B | $32.12B | $33.64B | $33.92B | $32.63B | $28.47B | $23.66B |
| Income Tax Expense | $5.66B | $4.92B | $10.08B | $10.37B | $10.31B | $10.41B | $9.10B | $7.45B |
| Net Income | $22.39B | $22.18B | $21.94B | $22.89B | $23.06B | $21.88B | $18.90B | $15.87B |
| Net Margin | 25.9% | 25.1% | 24.9% | 26.6% | 27.3% | 26.1% | 22.0% | 19.6% |
| EPS (Basic) | $4.31 | $4.14 | $4.03 | $4.18 | $4.17 | $3.95 | $3.40 | $2.85 |
| EPS (Diluted) | $4.28 | $4.10 | $3.99 | $4.12 | $4.10 | $3.89 | $3.36 | $2.82 |
| Shares Outstanding (Basic) | 4.80B | 4.96B | 5.05B | 5.14B | 5.24B | 5.29B | 5.29B | 5.28B |
| Shares Outstanding (Diluted) | 4.84B | 5.02B | 5.11B | 5.21B | 5.32B | 5.37B | 5.35B | 5.32B |
| Dividends Per Share | $1.64 | $1.54 | $1.52 | $1.48 | $1.35 | $1.15 | $0.88 | $0.48 |