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Wells Fargo & Co (NYSE:WFC)
Pretax Income
$33,915 Mil (TTM As of Dec. 2014)

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 Dec. 2014 was $8,311 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2014 was $33,915 Mil. Wells Fargo & Co's pretax margin was 38.76%.

During the past 13 years, Wells Fargo & Co's highest Pretax Margin was 40.21%. The lowest was 7.88%. 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 Dec. 2014 is calculated as

Pretax Income=Operating Income+Other
=8311+0
=8,311

Wells Fargo & Co Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2014 was 8352 (Mar. 2014 ) + 8655 (Jun. 2014 ) + 8597 (Sep. 2014 ) + 8311 (Dec. 2014 ) = $33,915 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 Dec. 2014 is calculated as

Pretax Margin=Pretax Income/Revenue
=8311/21443
=38.76%

During the past 13 years, Wells Fargo & Co's highest Pretax Margin was 40.21%. The lowest was 7.88%. 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 11,54812,65011,6273,30017,99819,00123,65628,47132,62933,915

Wells Fargo & Co Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Pretax Income 7,2217,6408,4718,3018,2178,3528,6558,5978,3118,163
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