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Wells Fargo & Co (NYSE:WFC)
Pretax Income
$33,525 Mil (TTM As of Jun. 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 Jun. 2014 was $8,655 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2014 was $33,525 Mil. Wells Fargo & Co's pretax margin was 41.09%.

During the past 13 years, Wells Fargo & Co's highest Pretax Margin was 38.95%. The lowest was 7.88%. And the median was 29.52%.


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. 2013 is calculated as

Pretax Income=Operating Income+Other
=32629+0
=32,629

Wells Fargo & Co's Pretax Income for the quarter that ended in Jun. 2014 is calculated as

Pretax Income=Operating Income+Other
=8655+0
=8,655

Wells Fargo & Co Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2014 was 8301 (Sep. 2013 ) + 8217 (Dec. 2013 ) + 8352 (Mar. 2014 ) + 8655 (Jun. 2014 ) = $33,525 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. 2014 is calculated as

Pretax Margin=Pretax Income/Revenue
=8655/21066
=41.09%

During the past 13 years, Wells Fargo & Co's highest Pretax Margin was 38.95%. The lowest was 7.88%. And the median was 29.52%.

* 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

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Pretax Income 10,76911,54812,65011,6273,30017,99819,00123,65628,47132,629

Wells Fargo & Co Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Pretax Income 6,6487,0927,5107,2217,6408,4718,3018,2178,3528,655
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