Net margin is the percentage of revenue a company keeps as profit after every expense and tax. It is net income divided by revenue, and the table shows both amounts beside the percentage. A higher net margin means more of each sales dollar reaches the bottom line. One-time gains, write-downs and tax items pass through net income, so a single period's net margin can move for reasons unrelated to the underlying business. Quarterly and annual points each use the amounts filed for that same period, so a single quarter can swing with the seasons.
WELLS FARGO & COMPANY/MN net margin for the quarter ending 2020-09-30 was 17.05%, a 18.60% decline year-over-year.
WELLS FARGO & COMPANY/MN net margin for the quarter ending 2020-06-30 was -21.56%, a 174.99% decline year-over-year.
WELLS FARGO & COMPANY/MN net margin for the quarter ending 2020-03-31 was 3.69%, a 86.41% decline year-over-year.
WELLS FARGO & COMPANY/MN net margin for the quarter ending 2019-12-31 was 15.30%, a 47.06% decline year-over-year.
WELLS FARGO & COMPANY/MN net margin for fiscal 2019 was 23.18%, a 10.57% decline from fiscal 2018.
WELLS FARGO & COMPANY/MN net margin for fiscal 2018 was 25.92%, a 3.26% increase from fiscal 2017.
WELLS FARGO & COMPANY/MN net margin for fiscal 2017 was 25.10%, a 0.98% increase from fiscal 2016.
WELLS FARGO & COMPANY/MN net margin for fiscal 2016 was 24.85%.