Wells Fargo & Co: (NYSE: WFC)
$40.68
0.48 (1.19%)
Volume 23,020,878
May 21 04:00 PM ET
Zacks Rank: 3-Hold 
| #3 |
Income Statements
Annual Income Statement
Fiscal Year End for WELLS FARGO-NEW falls in the month of December .
All items in Millions except EPS data.
| 12/31/12 | 12/31/11 | 12/31/10 | 12/31/09 | 12/31/08 | |
|---|---|---|---|---|---|
| Sales | 91,247 | 87,597 | 93,249 | 98,636 | 51,652 |
| Cost Of Goods | 1,727 | 2,275 | 2,832 | 3,774 | 4,521 |
| Gross Profit | 89,520 | 85,322 | 90,417 | 94,862 | 47,131 |
| Selling & Adminstrative & Depr. & Amort Expenses | 57,615 | 57,292 | 66,209 | 70,688 | 38,640 |
| Income After Depreciation & Amortization | 31,905 | 28,030 | 24,208 | 24,174 | 8,491 |
| Non-Operating Income | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 3,434 | 4,374 | 5,207 | 6,176 | 5,234 |
| Pretax Income | 28,471 | 23,656 | 19,001 | 17,998 | 3,257 |
| Income Taxes | 9,103 | 7,445 | 6,338 | 5,331 | 602 |
| Minority Interest | 471 | 342 | 301 | 392 | 0 |
| Investment Gains/Losses | 0 | 0 | 0 | 0 | 0 |
| Other Income/Charges | 0 | 0 | 0 | 0 | 0 |
| Income From Cont. Operations | 19,368 | 16,211 | 12,663 | 12,667 | 2,655 |
| Extras & Discontinued Operations | 0 | 0 | 0 | 0 | 0 |
| Net Income | 18,897 | 15,869 | 12,362 | 12,275 | 2,655 |
| Depreciation Footnote | 12/31/12 | 12/31/11 | 12/31/10 | 12/31/09 | 12/31/08 |
|---|---|---|---|---|---|
| Income Before Depreciation & Amortization | 34,712 | 30,238 | 26,132 | 27,015 | 10,160 |
| Depreciation & Amortization (Cash Flow) | 2,807 | 2,208 | 1,924 | 2,841 | 1,669 |
| Income After Depreciation & Amortization | 31,905 | 28,030 | 24,208 | 24,174 | 8,491 |
| Earnings Per Share Data | 12/31/12 | 12/31/11 | 12/31/10 | 12/31/09 | 12/31/08 |
|---|---|---|---|---|---|
| Average Shares | 5,351.50 | 5,323.40 | 5,263.10 | 4,562.70 | 3,391.30 |
| Diluted EPS Before Non-Recurring Items | 3.36 | 2.82 | 2.26 | 1.81 | 0.75 |
| Diluted Net EPS | 3.36 | 2.82 | 2.21 | 1.75 | 0.75 |
Quarterly Income Statement
Fiscal year end for WELLS FARGO-NEW falls in the month of December .
All items in Millions except EPS data.
| 03/31/13 | 12/31/12 | 09/30/12 | 06/30/12 | 03/31/12 | |
|---|---|---|---|---|---|
| Sales | 22,410.00 | 23,162.00 | 22,476.00 | 22,606.00 | 23,003.00 |
| Cost Of Goods | 369.00 | 399.00 | 428.00 | 443.00 | 457.00 |
| Gross Profit | 22,041.00 | 22,763.00 | 22,048.00 | 22,163.00 | 22,546.00 |
| SG&A, R&D, and Dept/Amort Expenses | 13,619.00 | 14,727.00 | 13,703.00 | 14,197.00 | 14,988.00 |
| Income After SG&A, R&D, and Dept/Amort Expenses | 8,422.00 | 8,036.00 | 8,345.00 | 7,966.00 | 7,558.00 |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 782.00 | 815.00 | 835.00 | 874.00 | 910.00 |
| Pretax Income | 7,640.00 | 7,221.00 | 7,510.00 | 7,092.00 | 6,648.00 |
| Income Taxes | 2,420.00 | 1,924.00 | 2,480.00 | 2,371.00 | 2,328.00 |
| Minority Interest | 49.00 | 207.00 | 93.00 | 99.00 | 72.00 |
| Investment Gains/Losses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Income/Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income From Cont. Operations | 4,931.00 | 4,857.00 | 4,717.00 | 4,622.00 | 4,248.00 |
| Extras & Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | 5,171.00 | 5,090.00 | 4,937.00 | 4,622.00 | 4,248.00 |
| Earnings Per Share Data | 03/31/13 | 12/31/12 | 09/30/12 | 06/30/12 | 03/31/12 |
|---|---|---|---|---|---|
| Average Shares | 5,353.50 | 5,338.70 | 5,355.60 | 5,369.90 | 5,337.80 |
| Diluted EPS Before Non-Recurring Items | 0.92 | 0.91 | 0.88 | 0.82 | 0.75 |
| Diluted Net EPS | 0.92 | 0.91 | 0.88 | 0.82 | 0.75 |
