Wells Fargo & ROA 2024

Wells Fargo & ROA

0.01

Wells Fargo & Dividend yield

2.17 %

Ticker

WFC

ISIN

US9497461015

WKN

857949

In 2024, Wells Fargo &'s return on assets (ROA) was 0.01, a 39.34% increase from the 0.01 ROA in the previous year.

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.

ROA Details

Understanding Wells Fargo &'s Return on Assets (ROA)

Wells Fargo &'s Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Wells Fargo &'s ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Wells Fargo &'s ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Wells Fargo &’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Wells Fargo & Stock

What is the Return on Assets (ROA) of Wells Fargo & this year?

The Return on Assets (ROA) of Wells Fargo & is 0.01 undefined this year.

What was the ROA of Wells Fargo & compared to the previous year?

The ROA of Wells Fargo & has increased by 39.34% compared to the previous year.

What consequences do high ROA have for investors of Wells Fargo &?

A high ROA is advantageous for investors of Wells Fargo &, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Wells Fargo &?

A low ROA can be unfavorable for investors of Wells Fargo & as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Wells Fargo & affect the company?

An increase in ROA of Wells Fargo & can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Wells Fargo & impact the company?

A reduction in the ROA of Wells Fargo & can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Wells Fargo &?

Some factors that can influence the ROA of Wells Fargo & include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Wells Fargo & important for investors?

The ROA of Wells Fargo & is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Wells Fargo & take to improve ROA?

To improve ROA, Wells Fargo & can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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 2.17 %. 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 2.17 %.

When does Wells Fargo & pay dividends?

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

How secure is the dividend of Wells Fargo &?

Wells Fargo & paid dividends every year for the past 23 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 2.23 %.

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 3/1/2024 amounting to 0.35 USD, you needed to have the stock in your portfolio before the ex-date on 2/1/2024.

When did Wells Fargo & pay the last dividend?

The last dividend was paid out on 3/1/2024.

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.