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Wells Fargo and Company  (WFC)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial

Wells Fargo's Total Debt to Equity

WFC's quarterly Total Debt to Equity and Total Debt, Equity growth


Due to net new borrowings of 4.86%, Total Debt to Equity fell to 1.59, below the Wells Fargo's average Total Debt to Equity.

Within Commercial Banks industry in the forth quarter 2023, 36 other companies have achieved lower Total Debt to Equity than Wells Fargo in the IV Quarter 2023. While Total Debt to Equity total ranking has improved so far in the forth quarter 2023 to 1292, from total ranking in the third quarter 2023 at 2414 .

Explain Debt to Equity Ratio?
What is the structure of WFC´s Total Debt?
How valuable is the WFC´s Equity?


WFC Total Debt to Equity (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Equity Change 3.06 % 2.22 % 1.2 % 0.84 % -4.33 %
Y / Y Total Debt Change 31.47 % 38.37 % 36.04 % 36.13 % 15.85 %
Total Debt to Equity MRQ 1.59 1.55 1.4 1.39 1.24
WFC's Total Ranking # 1292 # 2414 # 2246 # 476 # 2900
Seq. Equity Change 2.78 % 0.23 % -0.69 % 0.74 % 1.94 %
Seq. Total Debt Change 4.86 % 11.17 % 0.16 % 12.59 % 10.36 %



Total Debt to Equity forth quarter 2023 Company Ranking
Within: No.
Commercial Banks Industry # 37
Financial Sector # 310
Overall Market # 1292


Total Debt to Equity Statistics
High Average Low
4.1 1.86 1.03
(Sep. 30, 2008)   (Dec 31 2021)




Financial Statements
Wells Fargo's Equity $ 187,443 Millions Visit WFC's Balance sheet
Wells Fargo's Total Debt $ 297,147 Millions Visit WFC's Balance sheet
Source of WFC's Sales Visit WFC's Sales by Geography


Cumulative Wells Fargo's Total Debt to Equity

WFC's Total Debt to Equity for the trailling 12 Months

WFC Total Debt to Equity

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Equity TTM Growth 3.06 % 2.22 % 1.2 % 0.84 % -4.33 %
Y / Y Total Debt TTM Growth 31.47 % 38.37 % 36.04 % 36.13 % 15.85 %
Total Debt to Equity TTM 1.48 1.4 1.3 1.21 1.12
Total Ranking TTM # 37 # 2502 # 3051 # 255 # 244
Seq. Equity TTM Growth 2.78 % 0.23 % -0.69 % 0.74 % 1.94 %
Seq. Total Debt TTM Growth 4.86 % 11.17 % 0.16 % 12.59 % 10.36 %


On the trailing twelve months basis Due to the net new borrowings of 4.86% during the trailing twelve months finishing in the IV Quarter 2023, cumulativeTotal Debt to Equity improved to 1.48, below the Wells Fargo's average Total Debt to Equity.
Total Debt to Equity is the average cumulative value over the last four quarters.

Among companies in the Commercial Banks industry WFC recorded the lowest Total Debt to Equity. While Total Debt to Equity total ranking has improved so far to 37, from total ranking in previous 12 month period at 2502.

Explain Debt to Equity Ratio?
What is the structure of WFC´s Total Debt?
How valuable is the WFC´s Equity?

TTM Total Debt to Equity Company Ranking
Within: No.
Within the Commercial Banks Industry # 0
Financial Sector # 6
Within the Market # 37


trailing twelve months Total Debt to Equity Statistics
High Average Low
3.78 1.67 0.12
(Dec. 31, 2008)   (Sep. 30, 2015)




Companies with similar Total Debt to Equity in the quarter ending Dec 31 2023, within Commercial Banks Industry Total Debt to EquityDec 31 2023 MRQ Total DebtDec 31 2023 MRQ Equity
Santander Holdings Usa Inc   2.85 $ 44,144.051  Millions$ 15,500.909  Millions
Hsbc Usa Inc   2.46 $ 28,575.000  Millions$ 11,639.000  Millions
Fncb Bancorp Inc   1.67 $ 225.272  Millions$ 134.599  Millions
Wells Fargo and Company  1.59 $ 297,147.000  Millions$ 187,443.000  Millions
Wafd Inc   1.58 $ 3,875.000  Millions$ 2,452.004  Millions
Pnc Financial Services Group Inc  1.58 $ 80,638.000  Millions$ 51,141.000  Millions
Citigroup inc  1.57 $ 324,076.000  Millions$ 206,251.000  Millions
Keycorp  1.54 $ 22,607.000  Millions$ 14,637.000  Millions
Comerica Incorporated  1.53 $ 9,771.000  Millions$ 6,406.000  Millions
Bok Financial Corp  1.52 $ 7,832.702  Millions$ 5,145.419  Millions
First Of Long Island Corp  1.43 $ 542.500  Millions$ 380.146  Millions
Jpmorgan Chase and Co  1.33 $ 436,537.000  Millions$ 327,878.000  Millions
Us Bancorp De  1.20 $ 66,759.000  Millions$ 55,771.000  Millions
Bank Of America Corporation  1.15 $ 334,302.000  Millions$ 291,646.000  Millions
Cullen  1.14 $ 4,226.679  Millions$ 3,716.447  Millions
First Financial Ban corp   1.13 $ 2,563.858  Millions$ 2,267.974  Millions
Truist Financial Corporation  1.08 $ 63,746.000  Millions$ 59,253.000  Millions
Camden National Corp  1.07 $ 529.938  Millions$ 495.064  Millions
Evans Bancorp Inc   1.04 $ 185.775  Millions$ 178.219  Millions
Alerus Financial Corporation  1.01 $ 373.126  Millions$ 369.127  Millions
First United Corporation  0.97 $ 156.347  Millions$ 161.873  Millions
Park National Corporation  0.90 $ 1,034.658  Millions$ 1,145.293  Millions
Optimumbank Holdings Inc   0.89 $ 62.000  Millions$ 70.007  Millions
Sandy Spring Bancorp Inc   0.86 $ 1,370.867  Millions$ 1,588.142  Millions
Consumers Bancorp Inc  0.82 $ 51.824  Millions$ 63.510  Millions
Fnb Corp  0.74 $ 4,477.000  Millions$ 6,050.000  Millions
Huntington Bancshares Incorporated  0.67 $ 13,014.000  Millions$ 19,398.000  Millions
Ameriserv Financial Inc  0.66 $ 67.636  Millions$ 102.277  Millions
Fidelity D and D Bancorp Inc  0.66 $ 124.372  Millions$ 189.479  Millions
City Holding Company  0.61 $ 409.856  Millions$ 677.066  Millions

Date modified: 2024-02-21T14:39:23+00:00



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