Wells Fargo & Co
NYSE:WFC
Net Margin
Wells Fargo & Co
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| US |
|
Wells Fargo & Co
NYSE:WFC
|
243.9B USD |
23%
|
|
| US |
|
JPMorgan Chase & Co
NYSE:JPM
|
733.7B USD |
32%
|
|
| ZA |
A
|
Absa Bank Ltd
JSE:ABSP
|
425.6B Zac |
17%
|
|
| ZA |
C
|
Capitec Bank Holdings Ltd
JSE:CPI
|
400B Zac |
25%
|
|
| ZA |
S
|
Standard Bank Group Ltd
JSE:SBK
|
384.2B Zac |
17%
|
|
| CN |
|
Industrial and Commercial Bank of China Ltd
SSE:601398
|
2.5T CNY |
41%
|
|
| US |
|
Bank of America Corp
NYSE:BAC
|
333.6B USD |
7%
|
|
| CN |
|
Agricultural Bank of China Ltd
SSE:601288
|
1.9T CNY |
36%
|
|
| CN |
|
Bank of China Ltd
SSE:601988
|
1.6T CNY |
33%
|
|
| UK |
|
HSBC Holdings PLC
LSE:HSBA
|
154.9B GBP |
31%
|
|
| CN |
|
China Construction Bank Corp
SSE:601939
|
1.5T CNY |
43%
|
Wells Fargo & Co
Glance View
In the heart of American banking history, Wells Fargo & Co. stands as a stalwart, tracing its origins back to 1852. Founded during the Gold Rush era, it began as an express delivery service of gold and other vital goods, quickly evolving into a reputable financial institution. Today, it has firmly planted its roots as a diversified, community-based financial services company. Headquartered in San Francisco, Wells Fargo operates on a grand scale with a focus on serving individuals, businesses, and institutions. Its extensive network comprises thousands of branches and ATMs across the nation, making it one of the largest banks in the United States. However, Wells Fargo's reach extends beyond borders, as it offers a vast array of financial products and services, from mortgage lending and commercial banking to wealth and investment management. The bank's revenue engines purr through its robust portfolio of interest and non-interest income streams. Central to its operations is the traditional banking model of accepting deposits and providing loans, allowing it to earn interest spreads. Additionally, Wells Fargo generates significant fee income through services such as asset management, transaction processing, and advisory services. The bank's mortgage division remains a formidable player in the U.S. housing market, contributing a substantial chunk of its earnings. The diversified business model helps mitigate risk while capitalizing on various economic cycles and consumer needs, offering stability and growth potential. Despite facing challenges over the years, including regulatory scrutiny and reputational setbacks, Wells Fargo remains a pivotal player in the financial sector, continually evolving to meet the changing demands of the marketplace.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on Wells Fargo & Co's most recent financial statements, the company has Net Margin of 23.2%.
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