Wells Fargo (NYSE:WFC) Net Margin %

: 18.09% (As of Sep. 2022)

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Net margin is calculated as Net Income divided by its Revenue. Wells Fargo's Net Income for the three months ended in Sep. 2022 was $3,528 Mil. Wells Fargo's Revenue for the three months ended in Sep. 2022 was $19,505 Mil. Therefore, Wells Fargo's net margin for the quarter that ended in Sep. 2022 was 18.09%.

The historical rank and industry rank for Wells Fargo's Net Margin % or its related term are showing as below:

WFC' s Net Margin % Range Over the Past 10 Years
Min: 4.55 Med: 25.51 Max: 28.13
Current: 17.87

WFC's Net Margin % is ranked worse than
75.63% of 1440 companies
in the Banks industry
Industry Median: 27.11 vs WFC: 17.87

Wells Fargo Net Margin % Historical Data

The historical data trend for Wells Fargo's Net Margin % can be seen below:

* 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.

* Premium members only.

Wells Fargo Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Net Margin %

25.92

22.70

4.55

27.45

17.87

Wells Fargo Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Net Margin %																27.57	20.87	18.32	18.09	14.57

Competitive Comparison

For the Banks - Diversified subindustry, Wells Fargo's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* 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. Note that "N/A" values will not show up in the chart.

Annual Data Quarterly Data

Wells Fargo Net Margin % Distribution

For the Banks industry and Financial Services sector, Wells Fargo's Net Margin % distribution charts can be found below:

* The bar in red indicates where Wells Fargo's Net Margin % falls in comparison to its industry or sector. The grey bar indicates the Net Margin %'s extreme value range as defined by GuruFocus.

Wells Fargo Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Wells Fargo's Net Margin for the fiscal year that ended in Dec. 2021 is calculated as

Net Margin	=	Net Income (A: Dec. 2021 )	/	Revenue (A: Dec. 2021 )
	=	21548	/	78492
	=	27.45 %

Wells Fargo's Net Margin for the quarter that ended in Sep. 2022 is calculated as

Net Margin	=	Net Income (Q: Sep. 2022 )	/	Revenue (Q: Sep. 2022 )
	=	3528	/	19505
	=	18.09 %

Wells Fargo (NYSE:WFC) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Wells Fargo Net Margin % Related Terms

Thank you for viewing the detailed overview of Wells Fargo's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Wells Fargo (NYSE:WFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Wells Fargo & Co (NYSE:WFC) » Definitions » Net Margin %

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Traded in Other Exchanges

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Address

420 Montgomery Street, San Francisco, CA, USA, 94104

Website

https://www.wellsfargo.com

Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company is split into four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.

Executives

Davis Richard K	director	800 NICOLLET MALL MINNEAPOLIS MN 55402
Norwood Felicia F	director	120 MONUMENT CIRCLE INDIANAPOLIS IN 46204
Morken Cecelia	director	26025 MUREAU ROAD CALABASAS CA 91302
Ling Bei	officer: Sr. Executive Vice President	30 HUDSON YARDS NEW YORK NY 10001
Hranicky Kyle G	officer: Sr. Executive Vice President	1000 LOUISIANA STREET HOUSTON TX 77002
Santos Kleber	officer: Sr. Executive Vice President	1680 CAPITAL ONE DRIVE MCLEAN VA 22102
Williams Ather Iii	officer: Sr. Executive Vice President	30 HUDSON YARDS NEW YORK NY 10001
Santomassimo Michael P.	officer: Sr. EVP & CFO	225 LIBERTY STREET NEW YORK NY 10286
Chancy Mark A	director	303 PEACHTREE ST. 30TH FLOOR ATLANTA GA 30308
Owens Lester	officer: Sr. Executive Vice President	240 GREENWICH STREET NEW YORK NY 10286
Sommers Barry	officer: Sr. Executive Vice President	30 HUDSON YARDS NEW YORK NY 10001
Weinbach Michael S	officer: Sr. Executive Vice President	30 HUDSON YARDS NEW YORK NY 10001
Black Steven D	director	C/O JPMORGAN CHASE & CO. 270 PARK AVENUE NEW YORK NY 10017
Carr Muneera S	officer: EVP, CAO & Controller	1717 MAIN STREET MAIL CODE 6500 DALLAS TX 75201
Patterson Ellen R	officer: Sr. EVP and General Counsel	30 HUDSON YARDS NEW YORK NY 10001