Wells Fargo & Company

As of June 30, 2024, Wells Fargo & Company has 3.40B shares outstanding.

These figures are as of June 30, 2024.

Over the twelve months ended June 30, 2024, Wells Fargo & Company posted a return on equity (ROE) of 8.35, showing how much profit the company earns on every dollar of shareholder capital. Return on assets (ROA) stands at 0.98, measuring how efficiently the asset base is converted into earnings.

These figures cover the twelve months ended June 30, 2024. That works out to an effective tax rate of 13.48, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items.

Over the twelve months ended June 30, 2024, Wells Fargo & Company posted a gross margin of 100.00, reflecting its pricing power and cost economics.

These figures cover the twelve months ended June 30, 2024. The dividend payout ratio of 28.10 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth.

As of June 30, 2024, Wells Fargo & Company has an Altman Z-Score of 0.20, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.