Wells Fargo & Company

NYSE-WFC

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Income Statement	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Net Interest Income	46,989	47,676	52,375	44,950	35,779	39,956	47,303	49,995	49,557	47,754	45,301
Total Interest Income
Total Interest Expense
Non-Interest Income	35,796	34,620	30,222	29,418	43,387	34,308	39,528	36,413	38,832	40,513	40,756
Deposit and Lending-Related Fees
Investment Advisory and Other Asset-Based Fees
Commissions and Brokerage Services Fees
Investment Banking Fees
Card Fees
Mortgage Banking
Insurance
Net Gains from Trading and Securities
Lease Income
Other
Brokerage Fees
Trust and Investment Management Fees
Service Charges on Deposit Accounts
Trust and Investment Fees
Other Fees
Net Gains from Debt Securities
Net Gains from Equity Investments
Net Gains from Equity Securities
Total Revenues Before Provision for Credit Losses	82,785	82,296	82,597	74,368	79,166	74,264	86,832	86,408	88,389	88,267	86,057
Total Revenues Before Provision for Credit Losses %Chg	0.5%	-0.4%	11.1%	-6.1%	6.6%	-14.5%	0.5%	-2.2%	0.1%	2.6%	2%
Total Revenue
Provision for Credit Losses	3,713	4,334	5,399	1,534	-4,155	14,129	2,687	1,744	2,528	3,770	2,442
Provision for Credit Losses
Total Revenues After Provision for Credit Losses	79,072	77,962	77,198	72,834	83,321	60,135	84,145	84,664	85,861	84,497	83,615
Compensation Expenses	36,275	35,729	35,829	34,340	35,541	34,811	35,128	33,085	33,371	31,893	30,681
Personnel
Salaries
Commission and Incentive Compensation
Employee Benefits
Selling, General & Administrative Expenses	13,737	13,111	12,701	11,949	12,518	13,668	14,042	13,236	5,086	5,009	4,949
Technology, Telecommunications and Equipment
Occupancy
Professional and Outside Services
Advertising and Promotion
Equipment
Technology and Equipment
Other Non-Interest Expenses	5,004	5,758	7,032	10,916	5,699	9,151	9,008	9,805	20,027	15,475	14,344
Core Deposit and Other Intangibles
FDIC and Other Deposit Assessments
Operating Losses
Restructuring Charges
Other
Total Non-Interest Expense	55,016	54,598	55,562	57,205	53,758	57,630	58,178	56,126	58,484	52,377	49,974
Total Noninterest Expense
Income Before Provision for Income Taxes	24,056	23,364	21,636	15,629	29,563	2,505	25,967	28,538	27,377	32,120	33,641
Income Before Income Tax Expense
Provision for Income Taxes	2,858	3,399	2,607	2,251	5,764	-1,157	5,761	5,662	4,917	10,075	10,365
Income Tax Expense
Consolidated Net Income	21,198	19,965	19,029	13,378	23,799	3,662	20,206	22,876	22,460	22,045	23,276
Net Income Before Noncontrolling Interests
Net Income Attributable to Minority Interests and Other	142	243	-113	-299	1,690	285	491	483	277	107	382
Less: Net Income from Noncontrolling Interests
Net Income Attributable to Preferred Dividends	1,084	1,116	1,160	1,115	1,291	1,591	1,612	1,704	1,629	1,565	1,424
Less: Preferred Stock Dividends and Other
Net Income Attributable to Common Shareholders	19,972	18,606	17,982	12,562	20,818	1,786	18,103	20,689	20,554	20,373	21,470
Net Income Applicable to Common Stock
Basic EPS	6.2	5.4	4.9	3.3	5.1	0.4	4.1	4.3	4.1	4	4.2
Diluted EPS	6.1	5.4	4.8	3.3	5.1	0.4	4.1	4.3	4.1	4	4.1
Basic Weighted Average Shares Outstanding	3,252	3,426.1	3,688.3	3,805.2	4,061.9	4,118	4,393.1	4,799.7	4,964.6	5,052.8	5,136.5
Diluted Weighted Average Shares Outstanding	3,293.2	3,467.6	3,720.4	3,837	4,096.2	4,134.2	4,425.4	4,838.4	5,017.3	5,108.3	5,209.8
Total Shares Outstanding	3,139.1	3,288.9	3,598.9	3,833.8	3,885.8	4,144	4,134.4	4,581.3	4,891.6	5,016.1	5,092.1
EBITDA	7,574	7,558	6,271	6,832	7,890	8,219	6,573	5,593	5,406	4,970	3,288
Effective Tax Rate	11.9%	14.5%	12%	14.4%	19.5%	-46.2%	22.2%	19.8%	18%	31.4%	30.8%