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Wells Fargo & Co (NYSE:WFC)
Cash from Financing
$116,029 Mil (TTM As of Sep. 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 Sep. 2014, Wells Fargo & Co paid $2,166 Mil more to buy back shares than it received from issuing new shares. It received $16,306 Mil from issuing more debt. It received $780 Mil more from issuing preferred shares than it paid to buy back preferred shares. It spent $2,145 Mil paying cash dividends to shareholders. It received $12,090 Mil on other financial activities. In all, Wells Fargo & Co earned $24,865 Mil on financial activities for the three months ended in Sep. 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 Sep. 2014 is

Cash from Financing(Q: Sep. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-2166+16306+780+-2145+12090
=24,865

Wells Fargo & Co Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2014 was 37305 (Dec. 2013 ) + 15196 (Mar. 2014 ) + 38663 (Jun. 2014 ) + 24865 (Sep. 2014 ) = $116,029 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 Sep. 2014 was $-2,166 Mil. Wells Fargo & Co paid $2,166 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 Sep. 2014 was $16,306 Mil. Wells Fargo & Co received $16,306 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 Sep. 2014 was $780 Mil. Wells Fargo & Co received $780 Mil more from issuing preferred shares than it paid to buy back 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 Sep. 2014 was $-2,145 Mil. Wells Fargo & Co spent $2,145 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 Sep. 2014 was $12,090 Mil. Wells Fargo & Co received $12,090 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 000022,674-25,00002,5011,3773,145
Dividends -3,150-3,375-3,641-3,955-4,312-4,303-1,782-3,381-5,457-6,970
Other Financing 27,31437,288-4,41126,526-12,58337,43822,88571,87482,37676,453
Cash from Financing 30,30541,896-11,76367,96631,955-97,081-26,13324,77583,77093,910

Wells Fargo & Co Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Net Issuance of Stock -1,605193-1,230261-762-1,542-1,089-408-2,519-2,166
Net Issuance of Debt -6916482,0944,193-4,76022,9881,9932,70417,02216,306
Net Issuance of Preferred 074263561001,70782801,995780
Dividends -1,324-1,451-1,231-1,590-1,746-1,886-1,748-1,897-2,020-2,145
Other Financing -1,28723,29250,3697,90310,83120,39837,32114,79724,18512,090
Cash from Financing -4,90723,42450,63711,3773,56341,66537,30515,19638,66324,865
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