Wells Fargo Balance Sheet Health
Financial Health criteria checks 6/6
Wells Fargo has total assets of $1,922.1B and total equity of $185.0B. Total deposits are $1,349.6B, and total loans are $895.4B. It earns a Net Interest Margin of 3.1%. It has sufficient allowance for bad loans, which are currently at 0.9% of total loans. Cash and short-term investments are $365.3B.
Key information
10.4x
Asset to equity ratio
3.1%
Net interest margin
| Total deposits | US$1.35t |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.9% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$365.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: WFC's Assets to Equity ratio (10.4x) is moderate.
Allowance for Bad Loans: WFC has a sufficient allowance for bad loans (175%).
Low Risk Liabilities: 78% of WFC's liabilities are made up of primarily low risk sources of funding.
Loan Level: WFC has an appropriate level of Loans to Assets ratio (47%).
Low Risk Deposits: WFC's Loans to Deposits ratio (66%) is appropriate.
Level of Bad Loans: WFC has an appropriate level of bad loans (0.9%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 22:09 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Wells Fargo & Company is covered by 64 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stephen Biggar | Argus Research Company |
| David George | Baird |
| Ishan Majumdar | Baptista Research |