WELLS FARGO & COMPANY/MN (WFC.PY) Return on equity 2016–2019
WELLS FARGO & COMPANY/MN (WFC.PY) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
10.5%FY2019 · since FY2016: 11.0% → 10.5%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2019 | 10.5% | -0.9 pp |
| FY2018 | 11.4% | +0.7 pp |
| FY2017 | 10.7% | -0.3 pp |
| FY2016 | 11.0% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice