Wells Fargo & Revenue 2024

Wells Fargo & Revenue

81.35 B USD

Wells Fargo & Dividend yield

2.13 %

Ticker

WFC

ISIN

US9497461015

WKN

857949

In 2024, Wells Fargo &'s sales reached 81.35 B USD, a -29.47% difference from the 115.34 B USD sales recorded in the previous year.

The Wells Fargo & Revenue history

YEARREVENUE (undefined USD)GROSS MARGIN (%)
2027e90.2580,05
2026e86.6483,39
2025e82.6587,42
2024e81.3588,81
2023115.3462,64
202283.4486,58
202183.0886,96
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.

Revenue Details

Understanding Wells Fargo &'s Sales Figures

The sales figures of Wells Fargo & originate from the total revenue accrued from goods sold or services provided during a specific time period. These numbers are a direct reflection of the company’s ability to translate its products or services into revenue, indicating the demand and market presence.

Year-to-Year Comparison

Analyzing Wells Fargo &’s yearly sales data offers insights into the company’s growth and stability. An increase in sales suggests a growing demand for its offerings, efficient marketing, or expansion into new markets. Conversely, a decline might indicate market saturation, increased competition, or less effective strategies.

Impact on Investments

Investors often scrutinize Wells Fargo &'s sales data to evaluate its financial health and growth prospects. Consistent sales growth can be a promising indicator of the company’s profitability and potential return on investment, influencing stock prices and investor confidence.

Interpreting Sales Fluctuations

Increases in Wells Fargo &’s sales indicate market growth, innovation, or effective marketing, often leading to a surge in stock prices. A decline, however, can signal challenges requiring strategic adjustments to enhance market share and profitability.

Frequently Asked Questions about Wells Fargo & Stock

How much revenue did Wells Fargo & generate this year?

Wells Fargo & has achieved a revenue of 81.35 B USD this year.

How much was the turnover of the company Wells Fargo & compared to the previous year?

The revenue of Wells Fargo & has increased by -29.47% decreased compared to the previous year.

What does revenue mean for investors?

The revenue of a company is an important indicator of its financial performance and attractiveness for investors.

Which factors influence the revenue of Wells Fargo &?

The revenue of Wells Fargo & is influenced by various factors, including the demand for its products and services, market conditions, and prices.

How is the revenue of Wells Fargo & measured?

Revenue is typically measured in units referring to the sale of goods and services provided by the company.

How does an increase in sales affect investments?

An increase in revenue can prompt investors to invest more money in the company as it serves as a positive signal for its financial performance and growth prospects.

What are the possible risks associated with a declining revenue?

A decline in revenue can prompt investors to invest less money in the company, as it is a negative signal for its financial performance and growth prospects.

Why is the sales revenue of Wells Fargo & so important for investors?

The revenue of Wells Fargo & is an important indicator of financial performance and attractiveness for investors.

What strategic measures can a company take to increase revenue?

A company can take various strategic measures to increase revenue, including developing new products and services, introducing new pricing models, and expanding into new markets.

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 2.13 %. 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 2.13 %.

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 2.18 %.

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.