Wells Fargo Tangible Book per Share

: $31.54 (As of Mar. 2021)

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Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Wells Fargo's tangible book value per share for the quarter that ended in Mar. 2021 was $31.54.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.

Wells Fargo Tangible Book per Share Historical Data

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Wells Fargo Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Tangible Book per Share

26.17

28.28

28.35

30.44

31.27

Wells Fargo Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Tangible Book per Share																30.53	29.94	30.41	31.27	31.54

Competitive Comparison

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.

Annual Data Quarterly Data

Wells Fargo Tangible Book per Share Distribution

* The bar in red indicates where Wells Fargo's Tangible Book per Share falls into.

Wells Fargo Tangible Book per Share Calculation

Wells Fargo's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2020 is calculated as

Tangible Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)	/	Shares Outstanding (EOP)
	=	(184887	-	21136	-	34157)	/	4144.01
	=	31.27

Wells Fargo's Tangible Book Value Per Share for the quarter that ended in Mar. 2021 is calculated as

Tangible Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)	/	Shares Outstanding (EOP)
	=	(187218	-	21170	-	35430)	/	4141.12
	=	31.54

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.

Wells Fargo (NYSE:WFC) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.

Wells Fargo Tangible Book per Share Related Terms

Wells Fargo Tangible Book per Share Headlines

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Wells Fargo Tangible Book per Share

Wells Fargo Tangible Book per Share Historical Data

Wells Fargo Tangible Book per Share Calculation

Wells Fargo Tangible Book per Share Related Terms

Wells Fargo Tangible Book per Share Headlines