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Wells Fargo & Co (NYSE:WFC)
Cash from Financing
$97,729 Mil (TTM As of Mar. 2014)

Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.

For the three months ended in Mar. 2014, Wells Fargo & Co paid $408 Mil more to buy back shares than it received from issuing new shares. It received $2,704 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $1,897 Mil paying cash dividends to shareholders. It received $14,797 Mil on other financial activities. In all, Wells Fargo & Co earned $15,196 Mil on financial activities for the three months ended in Mar. 2014.


Definition

This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.

Wells Fargo & Co's Cash from Financing for the fiscal year that ended in Dec. 2013 is calculated as:

Cash from Financing(A: Dec. 2013 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-3132+24414+3145+-6970+76453
=93,910

Wells Fargo & Co's Cash from Financing for the quarter that ended in Mar. 2014 is

Cash from Financing(Q: Mar. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-408+2704+0+-1897+14797
=15,196

Wells Fargo & Co Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2014 was 3563 (Jun. 2013 ) + 41665 (Sep. 2013 ) + 37305 (Dec. 2013 ) + 15196 (Mar. 2014 ) = $97,729 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Cash from financing contains five items:

1. Net Issuance of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. If this number is positive, it means that the company has received more cash from issuing shares than it has paid to buy back shares. If this number is negative, it means that company has paid more cash to buy back shares than it has received for issuing shares.

Wells Fargo & Co's net issuance of stock for the three months ended in Mar. 2014 was $-408 Mil. Wells Fargo & Co paid $408 Mil more to buy back shares than it received from issuing new shares.

2. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.

Wells Fargo & Co's net issuance of debt for the three months ended in Mar. 2014 was $2,704 Mil. Wells Fargo & Co received $2,704 Mil from issuing more debt.

3. Net Issuance of Preferred:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.

Wells Fargo & Co's net issuance of preferred for the three months ended in Mar. 2014 was $0 Mil. Wells Fargo & Co paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares.

4. Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.

Wells Fargo & Co's cash flow for dividends for the three months ended in Mar. 2014 was $-1,897 Mil. Wells Fargo & Co spent $1,897 Mil paying cash dividends to shareholders.

5. Other Financing:
Money spent or earned by company from other financial activities.

Wells Fargo & Co's other financing for the three months ended in Mar. 2014 was $14,797 Mil. Wells Fargo & Co received $14,797 Mil on other financial activities.


Related Terms

Cash Flow from Operations, Cash Flow from Investing, Net Issuance of Stock, Net Issuance of Debt, Dividends, Net Issuance of Preferred


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Wells Fargo & Co Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Net Issuance of Stock -917-1,792-201-5,542-1,62321,7561,284-1,120-1,827-3,132
Net Issuance of Debt 7,0589,775-3,51050,93727,799-126,972-48,520-45,0997,30124,414
Net Issuance of Preferred 00000-25,00002,5011,3773,145
Dividends -3,150-3,375-3,641-3,955-4,312-4,303-1,782-3,381-5,457-6,970
Other Financing 27,31437,288-4,41126,52610,09137,43822,88571,87482,37676,453
Cash from Financing 30,30541,896-11,76367,96631,955-97,081-26,13324,77583,77093,910

Wells Fargo & Co Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Net Issuance of Stock 815-1,605193-1,230261-762-1,542-1,089-4080
Net Issuance of Debt 5,250-6916482,0944,193-4,76022,9881,9932,7040
Net Issuance of Preferred 0074263561001,70782800
Dividends -1,451-1,324-1,451-1,231-1,590-1,746-1,886-1,748-1,8970
Other Financing 10,002-1,28723,29250,3697,90310,83120,39837,32114,7970
Cash from Financing 14,616-4,90723,42450,63711,3773,56341,66537,30515,1960
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