ROIC is not a meaningful metric for Wells Fargo & Company: it divides after-tax operating profit by invested capital (total assets less non-interest-bearing current liabilities), and banks and insurers don't present a classified balance sheet — deposits, reserves and loan books aren't "current liabilities" in that sense, and the vendor's classification of them shifts between quarters. The honest render is no number at all; see Return on Equity (ROE) for a return metric that applies.
