Wells Fargo & EBIT 2024

Wells Fargo & EBIT

26.97 B USD

Wells Fargo & Dividend yield

2.16 %

Ticker

WFC

ISIN

US9497461015

WKN

857949

In 2024, Wells Fargo &'s EBIT was 26.97 B USD, a 0% increase from the 0 USD EBIT recorded in the previous year.

The Wells Fargo & EBIT history

YEAREBIT (undefined USD)
2027e28.25
2026e27.05
2025e27.63
2024e26.97
2023-
202214.97
2021-
2020-
2019-
2018-
2017-
2016-
2015-
2014-
2013-
2012-
2011-
2010-
2009-
2008-
2007-
2006-
2005-
2004-

Wells Fargo & Aktienanalyse

What does Wells Fargo & do?

Wells Fargo & Co is a well-known American bank headquartered in San Francisco, California. The bank was founded in 1852 by Henry Wells and William Fargo and is named after them. Wells Fargo is one of the oldest banks in the United States and has undergone many changes throughout its long history. The establishment of Wells Fargo was inspired by the gold rush in California. The bank started as a transportation company for valuables and mail and quickly evolved into a leading bank in the United States. In 1905, Wells Fargo merged with Nevada National Bank to form Wells Fargo Nevada National Bank. In 1929, the bank was renamed Wells Fargo Bank. Wells Fargo's business model is focused on offering its customers a wide range of financial products and services. The bank has a diversified portfolio that includes deposits, loans, investments, and insurance products and services. Wells Fargo is also a major credit card issuer and offers various cards tailored to the different needs of its customers. The various divisions of Wells Fargo also include wealth management, investment banking, corporate banking, and consumer lending. The wealth management division is aimed at providing financial solutions to high-net-worth individuals and families. The investment banking division offers financial services such as mergers and acquisitions, capital solutions, and debt syndication. The corporate banking division supports large companies with financing, foreign exchange management, and deposit management. The consumer lending division offers consumer loans, mortgages, and refinancing services. Wells Fargo also offers a mobile app that allows customers to manage their accounts, transfer money, and pay bills. In addition to the mobile app, Wells Fargo also provides an online platform that offers customers a convenient way to access their accounts, conduct transactions, and perform other account management operations. In 2016, the bank was involved in a scandal involving the sale of unwanted accounts, leading to many employees being fired and the bank's image being severely damaged in the public eye. The bank had to pay a large fine and its leadership was replaced. The bank is committed to improving and repairing these mistakes. In sum, it is evident that Wells Fargo & Co is a leading bank in the United States. The bank offers a wide range of financial products and services and has a long history in the American banking industry. Despite the scandal in 2016, Wells Fargo remains an important player in the American financial landscape. Wells Fargo & ist eines der beliebtesten Unternehmen auf Eulerpool.com.

EBIT Details

Analyzing Wells Fargo &'s EBIT

Wells Fargo &'s Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of Wells Fargo &'s EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

Wells Fargo &'s EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in Wells Fargo &’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about Wells Fargo & Stock

How much did Wells Fargo & achieve in EBIT for the current year?

In the current year, Wells Fargo & has achieved an EBIT of 26.97 B USD.

What is EBIT?

EBIT stands for Earnings Before Interest and Taxes and refers to the profit before interest and taxes of a company Wells Fargo &.

How has the EBIT of Wells Fargo & developed in recent years?

The EBIT of Wells Fargo & has increased by 0% decreased compared to the previous year.

What does EBIT mean for investors?

EBIT provides investors with insights into a company's profitability as it reflects the profit before interest expenses and taxes.

Why is EBIT an important indicator for investors?

Since EBIT provides a more direct insight into a company's profit than net income, it is an important indicator for investors to assess the profitability of a company.

Why do EBIT values fluctuate?

EBIT values can fluctuate as they are influenced by various factors, such as revenue, costs, and tax effects.

What role does tax burden play in EBIT?

Tax burdens have a direct impact on a company's EBIT, as they are deducted from the profit.

How is EBIT presented in the balance sheet of the company Wells Fargo &?

The EBIT of Wells Fargo & is listed in the income statement.

Can EBIT be used as a single indicator for evaluating a company?

EBIT is an important indicator for evaluating a company, but additional financial ratios should also be considered to get a comprehensive picture.

Why is EBIT not equal to net profit?

The net profit of a company includes taxes and interest, while EBIT represents the profit before interest and taxes.

How much dividend does Wells Fargo & pay?

Over the past 12 months, Wells Fargo & paid a dividend of 1.3 USD . This corresponds to a dividend yield of about 2.16 %. For the coming 12 months, Wells Fargo & is expected to pay a dividend of 1.33 USD.

What is the dividend yield of Wells Fargo &?

The current dividend yield of Wells Fargo & is 2.16 %.

When does Wells Fargo & pay dividends?

Wells Fargo & pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Wells Fargo &?

Wells Fargo & paid dividends every year for the past 24 years.

What is the dividend of Wells Fargo &?

For the upcoming 12 months, dividends amounting to 1.33 USD are expected. This corresponds to a dividend yield of 2.21 %.

In which sector is Wells Fargo & located?

Wells Fargo & is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Wells Fargo & kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Wells Fargo & from 6/1/2024 amounting to 0.35 USD, you needed to have the stock in your portfolio before the ex-date on 5/9/2024.

When did Wells Fargo & pay the last dividend?

The last dividend was paid out on 6/1/2024.

What was the dividend of Wells Fargo & in the year 2023?

In the year 2023, Wells Fargo & distributed 1.1 USD as dividends.

In which currency does Wells Fargo & pay out the dividend?

The dividends of Wells Fargo & are distributed in USD.

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Andere Kennzahlen von Wells Fargo &

Our stock analysis for Wells Fargo & Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Wells Fargo & Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.