WELLS FARGO & COMPANY/MN company info

CIK 72971
IRS Number 410449260
State of incorporation DE
Business address 420 MONTGOMERY STREET
None
SAN FRANCISCO
CA
94163
Mail address 420 MONTGOMERY STREET
None
SAN FRANCISCO
CA
94163

Short summary

WELLS FARGO & COMPANY/MN is a California company, with head office located at 420 Montgomery Street San Francisco, California 94163. The company achieved a record breaking net income in 2014 - 23.06 billion USD. In 2017 the company owned a total of 1,915,388,000,000.00 USD worth of assets. 2016 was the year when the company amassed the most assets.

WELLS FARGO & COMPANY/MN Income Statement

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Interest expense 14,2039,7559,9508,0396,6495,1614,2894,0253,9765,9099,352
Income Tax Expense (Benefit) 3,5706025,3316,3387,4459,10310,40510,30710,36510,0754,917
Net income 8,0572,65512,27512,36215,86918,89721,87823,05722,89421,93822,183

WELLS FARGO & COMPANY/MN Balance Sheet

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Collateral Already Posted, Aggregate Fair Value 9,90012,80016,70011,3009,9008,70010,8008,1005,900
Property, Plant and Equipment, Gross 18,04817,78518,33318,65719,22819,20619,72119,18520,147
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 7,3128,1418,8029,22910,07210,46311,01710,85211,300
Goodwill 24,61924,82024,77625,40625,63725,70525,70526,96326,57326,445
Total assets 1,284,1761,225,8621,259,7341,336,2041,440,5631,598,8741,720,6171,889,2351,930,8711,915,388
Long-term Debt 229,416185,072142,872124,984123,375167,878179,751243,927238,869227,302
Total liabilities 1,162,7941,104,4641,121,8181,186,7671,276,7861,417,3251,529,9411,686,5741,724,7261,709,478
Common Stock, Value, Issued 7,9278,7438,8769,0549,1369,1369,1369,1369,1369,136
Retained Earnings (Accumulated Deficit) 39,16546,12657,94270,45684,92399,926114,093127,076139,524147,928
Accumulated Other Comprehensive Income (Loss), Net of Tax 725-5904,8445,4224,6291,7974,1172,0682,948-2,110-4,921

WELLS FARGO & COMPANY/MN Cash Flow

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Net income 8,0572,65512,27512,36215,86918,89721,87823,05722,89421,93822,183
Depreciation and amortization 8611,3001,5001,4001,3001,2001,2001,2001,2001,200
Amortization of Intangible Assets 1862,5772,1991,8801,6741,5041,3701,2461,1921,152
Depreciation and amortization 1,5321,6692,8411,9242,2082,8073,2932,5153,2884,9705,406
Deferred Income Tax Expense (Benefit) -1,6429,4534,2873,573-1,2974,9772,354-2,2651,793666
Net Cash Provided by (Used in) Operating Activities 9,286-4,78828,61318,77213,66558,54057,641
Payments to Acquire Businesses, Net of Cash Acquired 2,811-11,203138363534,3220174330,584320
Net Cash Provided by (Used in) Investing Activities -77,347-18,16171,785-3,675-35,044-139,890-153,492
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -139,890-153,492-128,380-107,235-122,119-5,164
Proceeds from Issuance of Common Stock 1,87614,17121,9761,3751,2962,0912,2241,8401,7261,4151,211
Payments for Repurchase of Common Stock 7,4181,623220912,4163,9185,3569,4148,6978,1169,908
Payments of Ordinary Dividends, Common Stock 3,9554,3122,1251,0452,5374,5655,9536,9087,4007,4727,480
Net Cash Provided by (Used in) Financing Activities 67,79031,955-97,081-26,13324,77583,77093,910
Cash and Cash Equivalents, Period Increase (Decrease) -2719,0063,317-11,0363,3962,420-1,941-348-4601,6182,638