Wells Fargo & Company PFD DIV EQUALIZ
Wells Fargo & Company, a diversified financial services company, provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. The company's Community Banking segment offers checking and savings accounts; credit and debit cards; and automobile, student, mortgage, home equity, and small business loans. Its Wholesale Banking segment offers commercial loan… Read more
Wells Fargo & Company PFD DIV EQUALIZ (WFCNP) - Net Assets
Latest net assets as of September 2024: $185.01 Billion USD
Based on the latest financial reports, Wells Fargo & Company PFD DIV EQUALIZ (WFCNP) has net assets worth $185.01 Billion USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.92 Trillion) and total liabilities ($1.74 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $185.01 Billion |
| % of Total Assets | 9.63% |
| Annual Growth Rate | 15.8% |
| 5-Year Change | -0.29% |
| 10-Year Change | 1.18% |
| Growth Volatility | 36.78 |
Wells Fargo & Company PFD DIV EQUALIZ - Net Assets Trend (1989–2023)
This chart illustrates how Wells Fargo & Company PFD DIV EQUALIZ's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Wells Fargo & Company PFD DIV EQUALIZ (1989–2023)
The table below shows the annual net assets of Wells Fargo & Company PFD DIV EQUALIZ from 1989 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $187.44 Billion | +3.06% |
| 2022-12-31 | $181.88 Billion | -4.33% |
| 2021-12-31 | $190.11 Billion | +2.25% |
| 2020-12-31 | $185.92 Billion | -1.10% |
| 2019-12-31 | $187.98 Billion | -4.61% |
| 2018-12-31 | $197.07 Billion | -5.29% |
| 2017-12-31 | $208.08 Billion | +3.78% |
| 2016-12-31 | $200.50 Billion | +3.34% |
| 2015-12-31 | $194.03 Billion | +4.73% |
| 2014-12-31 | $185.26 Billion | +8.34% |
| 2013-12-31 | $171.01 Billion | +7.61% |
| 2012-12-31 | $158.91 Billion | +12.16% |
| 2011-12-31 | $141.69 Billion | +10.79% |
| 2010-12-31 | $127.89 Billion | +11.83% |
| 2009-12-31 | $114.36 Billion | +15.43% |
| 2008-12-31 | $99.07 Billion | +108.00% |
| 2007-12-31 | $47.63 Billion | +3.82% |
| 2006-12-31 | $45.88 Billion | +12.83% |
| 2005-12-31 | $40.66 Billion | +7.38% |
| 2004-12-31 | $37.87 Billion | +9.86% |
| 2003-12-31 | $34.47 Billion | +13.54% |
| 2002-12-31 | $30.36 Billion | +11.55% |
| 2001-12-31 | $27.21 Billion | +2.74% |
| 2000-12-31 | $26.49 Billion | +19.69% |
| 1999-12-31 | $22.13 Billion | +6.61% |
| 1998-12-31 | $20.76 Billion | +195.62% |
| 1997-12-31 | $7.02 Billion | +15.80% |
| 1996-12-31 | $6.06 Billion | +14.16% |
| 1995-12-31 | $5.31 Billion | +38.11% |
| 1994-12-31 | $3.85 Billion | +7.79% |
| 1993-12-31 | $3.57 Billion | +16.13% |
| 1992-12-31 | $3.07 Billion | +18.58% |
| 1991-12-31 | $2.59 Billion | +58.22% |
| 1990-12-31 | $1.64 Billion | +28.17% |
| 1989-12-31 | $1.28 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wells Fargo & Company PFD DIV EQUALIZ's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 17893.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $201.14 Billion | 108.29% |
| Common Stock | $9.14 Billion | 4.92% |
| Other Comprehensive Income | $-11.58 Billion | -6.23% |
| Total Equity | $185.74 Billion | 100.00% |
Wells Fargo & Company PFD DIV EQUALIZ Competitors by Market Cap
The table below lists competitors of Wells Fargo & Company PFD DIV EQUALIZ ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MMG Ltd
STU:OMS1
|
$9.23K |
|
Third Millennium Industries Inc
PINK:TMLL
|
$9.24K |
|
ITV - Dusseldorf Stock Exchang
DU:IJ7
|
$9.24K |
|
Philippine National Bank
PSE:PNB
|
$9.24K |
|
SERIM B&G Co. Ltd.
KO:340440
|
$9.20K |
|
Francisco Industries Inc
PINK:FRAZ
|
$9.19K |
|
Construction And Investment JSC No 18
VN:L18
|
$9.19K |
|
Q2M Managementberatung AG
HM:QBI
|
$9.18K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wells Fargo & Company PFD DIV EQUALIZ's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 179,889,000,000 to 185,735,000,000, a change of 5,846,000,000 (3.2%).
- Net income of 19,142,000,000 contributed positively to equity growth.
- Dividend payments of 5,930,000,000 reduced retained earnings.
- Share repurchases of 11,851,000,000 reduced equity.
- New share issuances of 1,722,000,000 increased equity.
- Other comprehensive income increased equity by 1,801,000,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $19.14 Billion | +10.31% |
| Dividends Paid | $5.93 Billion | -3.19% |
| Share Repurchases | $11.85 Billion | -6.38% |
| Share Issuances | $1.72 Billion | +0.93% |
| Other Comprehensive Income | $1.80 Billion | +0.97% |
| Other Changes | $962.00 Million | +0.52% |
| Total Change | $- | 3.25% |
Book Value vs Market Value Analysis
This analysis compares Wells Fargo & Company PFD DIV EQUALIZ's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.02x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.58x to 0.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-12-31 | $1.73 | $1.00 | x |
| 1990-12-31 | $1.99 | $1.00 | x |
| 1991-12-31 | $2.48 | $1.00 | x |
| 1992-12-31 | $2.20 | $1.00 | x |
| 1993-12-31 | $2.65 | $1.00 | x |
| 1994-12-31 | $3.00 | $1.00 | x |
| 1995-12-31 | $3.95 | $1.00 | x |
| 1996-12-31 | $4.12 | $1.00 | x |
| 1997-12-31 | $4.61 | $1.00 | x |
| 1998-12-31 | $6.32 | $1.00 | x |
| 1999-12-31 | $6.37 | $1.00 | x |
| 2000-12-31 | $7.66 | $1.00 | x |
| 2001-12-31 | $7.89 | $1.00 | x |
| 2002-12-31 | $8.84 | $1.00 | x |
| 2003-12-31 | $10.15 | $1.00 | x |
| 2004-12-31 | $11.05 | $1.00 | x |
| 2005-12-31 | $11.92 | $1.00 | x |
| 2006-12-31 | $13.45 | $1.00 | x |
| 2007-12-31 | $14.08 | $1.00 | x |
| 2008-12-31 | $29.21 | $1.00 | x |
| 2009-12-31 | $24.50 | $1.00 | x |
| 2010-12-31 | $24.02 | $1.00 | x |
| 2011-12-31 | $26.34 | $1.00 | x |
| 2012-12-31 | $29.41 | $1.00 | x |
| 2013-12-31 | $31.68 | $1.00 | x |
| 2014-12-31 | $34.63 | $1.00 | x |
| 2015-12-31 | $37.06 | $1.00 | x |
| 2016-12-31 | $39.07 | $1.00 | x |
| 2017-12-31 | $41.24 | $1.00 | x |
| 2018-12-31 | $40.54 | $1.00 | x |
| 2019-12-31 | $42.29 | $1.00 | x |
| 2020-12-31 | $44.72 | $1.00 | x |
| 2021-12-31 | $45.80 | $1.00 | x |
| 2022-12-31 | $46.88 | $1.00 | x |
| 2023-12-31 | $49.92 | $1.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wells Fargo & Company PFD DIV EQUALIZ utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.31%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.80%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 10.40x
- Recent ROE (10.31%) is below the historical average (13.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | 18.55% | 15.94% | 0.06x | 19.04x | $109.22 Million |
| 1990 | 17.13% | 15.12% | 0.06x | 18.70x | $116.83 Million |
| 1991 | 15.38% | 15.21% | 0.07x | 14.86x | $139.38 Million |
| 1992 | 14.54% | 13.91% | 0.07x | 14.50x | $139.43 Million |
| 1993 | 18.32% | 16.68% | 0.08x | 14.23x | $296.76 Million |
| 1994 | 20.81% | 18.02% | 0.07x | 15.42x | $415.76 Million |
| 1995 | 18.00% | 18.62% | 0.07x | 13.58x | $424.79 Million |
| 1996 | 19.03% | 18.42% | 0.08x | 13.22x | $547.48 Million |
| 1997 | 19.24% | 19.31% | 0.08x | 12.61x | $648.78 Million |
| 1998 | 9.39% | 12.65% | 0.08x | 9.75x | $-125.90 Million |
| 1999 | 18.13% | 23.92% | 0.08x | 9.86x | $1.80 Billion |
| 2000 | 15.20% | 20.43% | 0.07x | 10.28x | $1.38 Billion |
| 2001 | 12.53% | 16.93% | 0.07x | 11.30x | $689.60 Million |
| 2002 | 17.90% | 22.18% | 0.07x | 11.50x | $2.40 Billion |
| 2003 | 17.99% | 21.85% | 0.07x | 11.25x | $2.76 Billion |
| 2004 | 18.52% | 23.33% | 0.07x | 11.30x | $3.23 Billion |
| 2005 | 18.87% | 23.28% | 0.07x | 11.85x | $3.60 Billion |
| 2006 | 18.35% | 24.09% | 0.07x | 10.51x | $3.83 Billion |
| 2007 | 16.92% | 20.84% | 0.07x | 12.08x | $3.29 Billion |
| 2008 | 2.68% | 6.29% | 0.03x | 13.22x | $-7.25 Billion |
| 2009 | 10.98% | 13.87% | 0.07x | 11.13x | $1.10 Billion |
| 2010 | 9.78% | 14.64% | 0.07x | 9.95x | $-278.80 Million |
| 2011 | 11.32% | 19.97% | 0.06x | 9.37x | $1.84 Billion |
| 2012 | 11.99% | 22.34% | 0.06x | 9.03x | $3.14 Billion |
| 2013 | 12.86% | 26.58% | 0.05x | 8.97x | $4.86 Billion |
| 2014 | 12.50% | 28.13% | 0.05x | 9.15x | $4.62 Billion |
| 2015 | 11.85% | 27.31% | 0.05x | 9.26x | $3.58 Billion |
| 2016 | 10.99% | 25.10% | 0.05x | 9.67x | $1.98 Billion |
| 2017 | 10.72% | 25.46% | 0.04x | 9.43x | $1.49 Billion |
| 2018 | 11.42% | 25.92% | 0.05x | 9.66x | $2.78 Billion |
| 2019 | 10.53% | 23.18% | 0.04x | 10.30x | $1.00 Billion |
| 2020 | 0.97% | 2.47% | 0.04x | 10.57x | $-16.70 Billion |
| 2021 | 11.78% | 28.17% | 0.04x | 10.38x | $3.35 Billion |
| 2022 | 7.60% | 18.54% | 0.04x | 10.46x | $-4.31 Billion |
| 2023 | 10.31% | 24.80% | 0.04x | 10.40x | $568.50 Million |
Industry Comparison
This section compares Wells Fargo & Company PFD DIV EQUALIZ's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $21,537,541,042
- Average return on equity (ROE) among peers: 11.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wells Fargo & Company PFD DIV EQUALIZ (WFCNP) | $185.01 Billion | 18.55% | 9.39x | $9.22K |
| Arçelik Anonim Sirketi (ACKAF) | $6.92 Billion | 12.19% | 1.96x | $21.37K |
| Argo Group US Inc. 6.5% SR NTS 42 (ARGD) | $1.78 Billion | -0.47% | 4.90x | $237.80K |
| American Crystal Sugar Company PFD REST NON DIV (ASCS) | $350.39 Million | 158.73% | 1.79x | $54.40 Million |
| Autobacs Seven Co. Ltd (ATBSF) | $138.55 Billion | 3.33% | 0.35x | $167.34K |
| Brookfield Asset Management Inc FR PRF PERPETUAL CAD 25 Ser 2 Cls A (BKFAF) | $45.44 Billion | 2.81% | 1.39x | $78.15K |
| Bristol-Myers Squibb Company PFD CONV 2 (BMYMP) | $14.42 Billion | 11.26% | 1.20x | $9.29 Million |
| BOL Bancshares Inc. PFD (BOLBP) | $11.94 Million | 0.62% | 6.68x | $0.94 |
| NYSE LISTED TEST STOCK FOR CTS AND CQS (CBO) | $3.35 Billion | 13.98% | 0.95x | $246.38K |
| Canadian Utilities Limited 2ND PFD SER Y (CNAUF) | $4.37 Billion | 11.86% | 2.07x | $137.52K |
| Central Parking Finance Trust PFD TR CV SECS (CRLKP) | $181.00 Million | -95.58% | 5.28x | $220.55K |