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Wells Fargo & Co.$51.76($.98)(1.86%)

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Income Statement for Wells Fargo & Co.
(Amounts are in millions) 12/2017 12/2016 12/2015
Press Release Press Release Press Release
Net Sales or Revenues $97,741.00 $94,176.00 $90,033.00
Cost of Goods Sold $3,013.00 $1,395.00 $963.00
Gross Profit $94,728.00 $92,781.00 $89,070.00
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $59,860.00 $54,955.00 $51,170.00
Income Before Depreciation $34,868.00 $37,826.00 $37,900.00
       
Depreciation, Depletion, Amortization $1,152.00 $1,192.00 $1,246.00
Non-Operating Income $0.00 $0.00 $0.00
Interest Expense $6,339.00 $4,514.00 $3,013.00
Pretax Income $27,377.00 $32,120.00 $33,641.00
       
Provision for Income Taxes $4,917.00 $10,075.00 $10,365.00
Minority Interest $277.00 $107.00 $382.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $22,460.00 $22,045.00 $23,276.00
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $22,183.00 $21,938.00 $22,894.00
       
Basic Earnings Per Share $4.14 $4.03 $4.18
Diluted Earnings Per Share $4.10 $3.99 $4.12
       
Weighted Average Basic Shares Outstanding 4,964.60 5,052.80 5,136.50
Weighted Average Diluted Shares Outstanding 5,017.30 5,108.30 5,209.80
       
Income Before Non-Recurring Items $22,233.17 $22,295.81 $23,028.00
Income From Non-Recurring Items ($50.17) ($357.81) $0.00
Diluted Earnings Per Share before extras $4.11 $4.06 $4.15
       
Dividend (preferred) $1,629.56 $1,575.22 $1,269.34
Dividend (common) $7,532.14 $7,599.24 $7,510.85
Dividend Per Share (common) $1.54 $1.52 $1.48




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