Wells Fargo's return on common equity dropped sharply in 2020, falling to 1.1 percent from 10.23 percent the year before. In 2021 and 2022, return on common stockholders equity increased again, reaching 12 and 7.5 percent respectively. This metric was calculated by dividing net income by shareholders' equity.
Return on common stockholders' equity (ROE) of Wells Fargo 2007 to 2022
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Return on equity
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Wells Fargo. (March 17, 2023). Return on common stockholders' equity (ROE) of Wells Fargo 2007 to 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1046480/wells-fargo-roe/
Wells Fargo. "Return on common stockholders' equity (ROE) of Wells Fargo 2007 to 2022." Chart. March 17, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1046480/wells-fargo-roe/
Wells Fargo. (2023). Return on common stockholders' equity (ROE) of Wells Fargo 2007 to 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1046480/wells-fargo-roe/
Wells Fargo. "Return on Common Stockholders' Equity (Roe) of Wells Fargo 2007 to 2022." Statista, Statista Inc., 17 Mar 2023, https://www.statista.com/statistics/1046480/wells-fargo-roe/
Wells Fargo, Return on common stockholders' equity (ROE) of Wells Fargo 2007 to 2022 Statista, https://www.statista.com/statistics/1046480/wells-fargo-roe/ (last visited July 22, 2024)
Return on common stockholders' equity (ROE) of Wells Fargo 2007 to 2022 [Graph], Wells Fargo, March 17, 2023. [Online]. Available: https://www.statista.com/statistics/1046480/wells-fargo-roe/