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Wells Fargo & Co.$50.12$.26.52%

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Income Statement for Wells Fargo & Co.
(Amounts are in millions) 12/2018 12/2017 12/2016
Press Release Press Release Press Release
Net Sales or Revenues $101,060.00 $97,741.00 $94,176.00
Cost of Goods Sold $5,622.00 $3,013.00 $1,395.00
Gross Profit $95,438.00 $94,728.00 $92,781.00
       
Research & Development Expense N/A $0.00 $0.00
Selling, General, & Admin. Expense $56,812.00 $59,860.00 $54,955.00
Income Before Depreciation $38,626.00 $34,868.00 $37,826.00
       
Depreciation, Depletion, Amortization $1,058.00 $1,152.00 $1,192.00
Non-Operating Income N/A $0.00 $0.00
Interest Expense $9,030.00 $6,339.00 $4,514.00
Pretax Income $28,538.00 $27,377.00 $32,120.00
       
Provision for Income Taxes $5,662.00 $4,917.00 $10,075.00
Minority Interest $483.00 $277.00 $107.00
Investment Gains (Losses) N/A $0.00 $0.00
Other Income N/A $0.00 $0.00
Income Before Extraordinaries $22,876.00 $22,460.00 $22,045.00
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $22,393.00 $22,183.00 $21,938.00
       
Basic Earnings Per Share $4.31 $4.14 $4.03
Diluted Earnings Per Share $4.28 $4.10 $3.99
       
Weighted Average Basic Shares Outstanding 4,799.70 4,964.60 5,052.80
Weighted Average Diluted Shares Outstanding 4,838.40 5,017.30 5,108.30
       
Income Before Non-Recurring Items $22,876.84 $22,233.17 $22,295.81
Income From Non-Recurring Items ($483.84) ($50.17) ($357.81)
Diluted Earnings Per Share before extras $4.38 $4.11 $4.06
       
Dividend (preferred) $1,706.29 $1,629.56 $1,575.22
Dividend (common) $7,999.52 $7,532.14 $7,599.24
Dividend Per Share (common) $1.64 $1.54 $1.52




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