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Wells Fargo & Co (NYSE:WFC)
Pretax Income
$33,620 Mil (TTM As of Jun. 2015)

Pretax income is the income that a company earns before paying income taxes. Wells Fargo & Co's pretax income for the three months ended in Jun. 2015 was $8,549 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2015 was $33,620 Mil. Wells Fargo & Co's pretax margin was 40.10%.

During the past 13 years, Wells Fargo & Co's highest Pretax Margin was 40.21%. The lowest was 7.77%. And the median was 31.30%.


Definition

This is the income that a company earns before paying income taxes.

Wells Fargo & Co's Pretax Income for the fiscal year that ended in Dec. 2014 is calculated as

Pretax Income=Operating Income+Other
=33915+0
=33,915

Wells Fargo & Co's Pretax Income for the quarter that ended in Jun. 2015 is calculated as

Pretax Income=Operating Income+Other
=8549+0
=8,549

Wells Fargo & Co Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2015 was 8597 (Sep. 2014 ) + 8311 (Dec. 2014 ) + 8163 (Mar. 2015 ) + 8549 (Jun. 2015 ) = $33,620 Mil.

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


Explanation

Wells Fargo & Co's Pretax Margin for the quarter that ended in Jun. 2015 is calculated as

Pretax Margin=Pretax Income/Revenue
=8549/21318
=40.10%

During the past 13 years, Wells Fargo & Co's highest Pretax Margin was 40.21%. The lowest was 7.77%. And the median was 31.30%.

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


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


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

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Pretax Income 11,54812,74511,6273,25717,99819,00123,65628,47132,62933,915

Wells Fargo & Co Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
Pretax Income 7,6408,4718,3018,2178,3528,6558,5978,3118,1638,549
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