Wells Fargo & Co. 7.5% NonCum. Perp. Conv. Cl A Pfd. Series L (WFC.P.L) Income Statement

Income Statement for Wells Fargo & Co. 7.5% NonCum. Perp. Conv. Cl A Pfd. Series L  (WFC.P.L) 
$ 1104.9899   -15.0101 (-1.34%) Volume: 16.54 k 4:00 PM EST Feb 10, 2012
Statement: View:
Income [+] in Millions of Dollars
12/2010 12/2009 12/2008 12/2007 12/2006
Loans 39,760 41,589 27,632 29,040 25,611
Investment Securities 9,666 11,319 5,287 3,451 3,278
Lease Financing Income - - - - -
Other Interest Income 435 335 181 293 332
Federal Funds Sold/Purchased - - - - -
Interest Bearing Deposits - - - - -
Loans Held for Resale 1,837 2,113 1,621 2,220 2,793
Trading Account Securities 1,098 918 177 173 225
Time Deposits Placed - - - - -
Other Money Market Investments - - - - -
Total Money Market Investments 2,935 3,031 1,798 2,393 3,018
Total Interest Income 52,796 56,274 34,898 35,177 32,239
Deposits 2,832 3,774 4,521 8,152 7,174
Short-Term Debt 92 222 1,478 1,245 992
Long-Term Debt 4,888 5,782 3,756 4,806 4,122
Federal Funds Sold/Purchased - - - - -
Capitalized Lease Obligations - - - - -
Other Interest Expense 227 172 - - -
Total Interest Income 52,796 56,274 34,898 35,177 32,239
Total Interest Expense (8,039) (9,950) (9,755) (14,203) (12,288)
Net Interest Income 44,757 46,324 25,143 20,974 19,951
Loan Loss Provision (15,753) (21,668) (15,979) (4,939) (2,204)
Net Interest Income After Loan Loss Provision 29,004 24,656 9,164 16,035 17,747
Trust Fees by Commissions 10,934 9,735 2,924 3,149 2,737
Service Charge on Deposit Accounts 4,916 5,741 3,190 3,050 2,690
Other Service Charges 7,642 7,487 4,433 4,428 3,804
Security Transactions (324) (127) 300 943 719
Premiums Earned - - - - -
Net Realized Capital Gains 815 685 - - -
Investment Banking Profit 9,737 12,028 - - -
Other Non-Interest Income 6,733 6,813 5,907 6,846 5,790
Non-Interest Income 40,453 42,362 16,754 18,416 15,740
Salaries and Employee Benefits 18,520 18,446 12,940 13,368 11,927
Net Occupancy Expense 5,666 5,633 2,976 2,839 2,657
Promotion and Advertising 8,692 8,021 - - -
Property/Liability Insurance Claims - - - - -
Policy Acquisition Costs - - - - -
Amortization of Deferred Policy Acquisition Costs - - - - -
Current and Future Benefits Expense - - - - -
Other Non-Interest Expense 17,578 16,920 6,745 6,617 6,253
Income, Acquired in Process R&D - - - - -
Income, Restructuring and M&A - - - - -
Other Special Charges - - - - -
Non-Interest Expense (50,456) (49,020) (22,661) (22,824) (20,837)
Special Income/Charges - - - - -
Net Income Before Taxes 19,001 17,998 3,257 11,627 12,650
Premium Tax (Credit) - - - - -
Minority Interest (301) (392) - - -
Income Taxes (6,338) (5,331) (602) (3,570) (4,230)
Net Income from Continuing Operations 12,362 12,275 2,655 8,057 8,420
Net Income from Discontinued Operations - - - - -
Net Income from Total Operations 12,362 12,275 2,655 8,057 8,420
Extraordinary Income/Loss - - - - -
Income from Cum. Effect of Acct Change - - - - -
Income from Tax Loss Carryforward - - - - -
Other Gains - - - - -
Total Net Income 12,362 12,275 2,655 8,057 8,420
Normalized Income 12,362 12,275 2,655 8,057 8,420
Net Income Available for Common 11,632 7,990 2,369 8,057 8,420
Results [+] in Dollars (Preferred Dividends in Millions)
12/2010 12/2009 12/2008 12/2007 12/2006
Dividends Paid Per Share 0.20 0.49 1.30 1.18 1.08
Preferred Dividends 730 4,285 286 - -
Basic EPS from Continuing Operations 2.23 1.76 0.70 2.41 2.50
Basic EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Basic EPS from Total Operations 2.23 1.76 0.70 2.41 2.50
Basic EPS from Extraordinary Inc 0.00 0.00 0.00 0.00 0.00
Basic EPS from Cum. Effect of Acct Chg 0.00 0.00 0.00 0.00 0.00
Basic EPS from Tax Loss Carryforward 39,760 41,589 27,632 29,040 25,611
Basic EPS from Other Gains(Loss) 0.00 0.00 0.00 0.00 0.00
Basic EPS, Total 2.23 1.76 0.70 2.41 2.50
Basic Normalized Net Income/Share 2.23 1.76 0.70 2.41 2.50
Diluted EPS from Continuing Operations 2.21 1.75 0.70 2.38 2.47
Diluted EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Total Operations 2.21 1.75 0.70 2.38 2.47
Diluted EPS from Extraordinary Inc 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Cum. Effect of Acct Chg 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Tax Loss Carryforward 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Other Gains(Loss) 0.00 0.00 0.00 0.00 0.00
Diluted EPS, Total 2.21 1.75 0.70 2.38 2.47
Diluted Normalized Net Income/Share 2.21 1.75 0.70 2.38 2.47
Revenues Year-to-Date 93,249 98,636 51,652 53,593 47,979
Income Year-to-Date from Total Operations 12,362 12,275 2,655 8,057 8,420
EPS Year-to-Date from Total Operations 2.21 1.75 0.70 2.38 2.47
Dividends Paid Per Share, Year-to-Date 0.20 0.49 1.30 1.18 1.08