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WFC

WFC - Wells Fargo & Co Stock Price, Fair Value and News

61.23USD+0.97 (+1.61%)Market Closed

Market Summary

WFC
USD61.23+0.97
Market Closed
1.61%

WFC Stock Price

View Fullscreen

WFC RSI Chart

WFC Valuation

Market Cap

213.5B

Price/Earnings (Trailing)

11.37

Price/Sales (Trailing)

2.49

EV/EBITDA

1.68

Price/Free Cashflow

10.25

WFC Price/Sales (Trailing)

WFC Profitability

EBT Margin

24.92%

Return on Equity

10.28%

Return on Assets

0.96%

Free Cashflow Yield

9.76%

WFC Fundamentals

WFC Revenue

Revenue (TTM)

85.8B

Rev. Growth (Yr)

0.65%

Rev. Growth (Qtr)

-6.45%

WFC Earnings

Earnings (TTM)

18.8B

Earnings Growth (Yr)

-7.45%

Earnings Growth (Qtr)

34.04%

Breaking Down WFC Revenue

Last 7 days

1.6%

Last 30 days

5.0%

Last 90 days

24.3%

Trailing 12 Months

57.0%

How does WFC drawdown profile look like?

WFC Financial Health

Debt/Equity

1.03

Debt/Cashflow

0.11

WFC Investor Care

Dividend Yield

2.46%

Dividend/Share (TTM)

1.47

Buy Backs (1Y)

7.09%

Diluted EPS (TTM)

4.8

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202485.8B000
202363.5B67.0B74.6B85.7B
202244.9B50.1B55.3B60.5B
202174.9B76.8B76.4B39.7B
202087.5B88.8B91.7B74.0B
201988.1B89.0B89.2B86.8B
201889.5B90.8B92.2B86.4B
201789.5B91.1B92.6B88.4B
201634.1B52.1B70.2B88.3B
201547.9B48.3B48.8B16.0B
201447.1B47.0B47.2B47.6B
201347.8B47.3B47.1B47.1B
201249.2B49.2B48.9B48.4B
201155.0B57.4B59.8B49.4B
201052.3B47.9B43.7B52.8B
200916.0B29.4B42.8B56.3B
2008024.3B13.4B2.5B
200700035.2B
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Tracking the Latest Insider Buys and Sells of Wells Fargo & Co

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 30, 2024
garcia fabian t
acquired
-
-
100
-
Mar 15, 2024
kerrins tracy m
sold (taxes)
-152,364
57.51
-2,649
sr. executive vice president
Mar 15, 2024
norwood felicia f
sold
-2,950
25.00
-118
-
Mar 15, 2024
kerrins tracy m
acquired
-
-
5,955
sr. executive vice president
Mar 08, 2024
flowers derek a.
gifted
-
-
-51,418
sr. evp and chief risk officer
Mar 08, 2024
flowers derek a.
gifted
-
-
51,418
sr. evp and chief risk officer
Mar 05, 2024
weiss jonathan g.
acquired
-
-
125,087
sr. executive vice president
Mar 05, 2024
patterson ellen r
sold (taxes)
-2,545,570
56.6
-44,974
sr. evp and general counsel
Mar 05, 2024
sommers barry
sold (taxes)
-1,867,100
56.6
-32,987
sr. executive vice president
Mar 05, 2024
santomassimo michael p.
acquired
-
-
176,231
sr. evp & cfo

1–10 of 50

Which funds bought or sold WFC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 07, 2024
OPPENHEIMER ASSET MANAGEMENT INC.
reduced
-23.35
-1,660,320
15,389,500
0.22%
May 07, 2024
Smithfield Trust Co
unchanged
-
50,000
337,000
0.02%
May 07, 2024
Mengis Capital Management, Inc.
unchanged
-
-
908,144
0.17%
May 07, 2024
Cove Street Capital, LLC
unchanged
-
1,539
139,035
0.04%
May 07, 2024
ClariVest Asset Management LLC
added
20.53
3,102
10,541
-%
May 07, 2024
Mengis Capital Management, Inc.
unchanged
-
-
555,415
0.10%
May 07, 2024
Aull & Monroe Investment Management Corp
reduced
-5.67
-16,010
406,044
0.19%
May 07, 2024
SUSQUEHANNA INTERNATIONAL GROUP, LLP
added
19.54
103,240
574,314
-%
May 07, 2024
HYMAN CHARLES D
reduced
-5.54
210,000
2,075,000
0.12%
May 07, 2024
Sather Financial Group Inc
reduced
-97.88
-36,398,900
933,678
0.07%

1–10 of 48

Are Funds Buying or Selling WFC?

Are funds buying WFC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own WFC
No. of Funds

Unveiling Wells Fargo & Co's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
8.86%
321,717,682
SC 13G/A
Jan 26, 2024
blackrock inc.
7.3%
265,745,467
SC 13G/A
Feb 09, 2023
vanguard group inc
8.70%
331,546,750
SC 13G/A
Feb 07, 2023
blackrock inc.
7.0%
268,358,243
SC 13G/A
Feb 09, 2022
vanguard group inc
8.16%
325,460,566
SC 13G/A
Feb 08, 2022
blackrock inc.
7.1%
282,952,036
SC 13G/A
Feb 10, 2021
vanguard group inc
7.65%
316,366,883
SC 13G/A
Feb 05, 2021
blackrock inc.
6.9%
285,295,599
SC 13G/A
Sep 04, 2020
berkshire hathaway inc
3.3%
137,557,302
SC 13G/A
Feb 14, 2020
berkshire hathaway inc
8.4%
347,604,686
SC 13G/A

Recent SEC filings of Wells Fargo & Co

View All Filings
Date Filed Form Type Document
May 07, 2024
424B2
Prospectus Filed
May 07, 2024
4
Insider Trading
May 07, 2024
424B2
Prospectus Filed
May 07, 2024
SC 13D
13D - Major Acquisition
May 07, 2024
SC 13D
13D - Major Acquisition
May 07, 2024
SC 13D
13D - Major Acquisition
May 07, 2024
SC 13D
13D - Major Acquisition
May 07, 2024
424B2
Prospectus Filed
May 07, 2024
424B2
Prospectus Filed
May 07, 2024
4
Insider Trading

Peers (Alternatives to Wells Fargo & Co)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
561.8B
174.7B
-2.88% 39.91%
11.16
3.22
53.11% 19.83%
294.9B
127.4B
1.99% 36.69%
11.78
2.14
56.12% -12.56%
213.5B
85.8B
4.95% 56.96%
11.37
2.49
35.02% 26.14%
119.7B
125.0B
0.65% 33.74%
14.97
0.96
37.85% -
16.4B
10.4B
4.71% 38.12%
11.43
1.57
26.22% -33.87%
14.2B
8.1B
-0.80% 54.34%
16.2
1.74
32.15% -50.93%
MID-CAP
7.1B
4.2B
1.12% 47.25%
10.28
1.68
34.68% -45.96%
6.5B
3.9B
4.13% 80.63%
9.61
1.66
45.91% -25.03%
3.4B
1.3B
5.29% 67.41%
12.73
2.67
43.24% -22.35%
3.4B
1.8B
5.37% 45.89%
21.01
1.66
47.11% -59.32%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
399.1M
152.4M
-3.36% 49.04%
40.14
2.62
16.94% -73.84%
395.5M
162.6M
0.47% 17.60%
13.15
2.43
25.39% -38.37%
273.7M
96.6M
-5.55% 16.05%
8.64
2.83
11.02% -11.37%
42.4M
60.9M
-4.84% -16.90%
-12.66
0.7
24.06% -144.92%

Wells Fargo & Co News

Latest updates
MSN • 8 hours ago
Yahoo Finance • 15 hours ago
Yahoo Finance • 06 May 2024 • 03:11 pm
Defense World • 05 May 2024 • 03:45 pm
Business Wire • 30 Apr 2024 • 07:00 pm

Wells Fargo & Co Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-6.4%20,86322,30122,09320,53320,72911,27814,49417,04017,72818,28118,83420,27018,53218,71719,31618,28617,71736,34416,49916,98617,003
EBITDA Margin-1.5%0.92*0.94*1.08*1.16*1.14*1.11*1.25*1.38*1.61*1.84*0.90*0.86*---------
Interest Expenses-4.3%12,22712,77113,10513,16313,33613,43312,09810,1989,2219,2628,9098,8008,8089,3649,3799,89211,31211,27211,62512,09512,311
Income Taxes1064.0%964-100811930966-29.009126227461,8971,5211,445901671-83.00-2,0011592,2821,3041,294881
Earnings Before Taxes63.8%5,5873,4106,5475,8335,8462,8914,4763,5984,6648,8576,9268,1895,5914,0943,318-5,7996645,3716,1167,6326,848
EBT Margin-1.4%0.25*0.25*0.28*0.28*0.26*0.26*0.39*0.48*0.64*0.74*0.32*0.28*---------
Net Income34.0%4,6193,4465,7674,9384,9913,1553,5923,1423,7886,3115,1226,0404,6363,2233,216-3,8466533,0394,6106,2065,860
Net Income Margin-2.1%0.22*0.22*0.25*0.25*0.23*0.23*0.30*0.37*0.47*0.56*0.25*0.22*---------
Free Cashflow-166.6%-12,12518,20215,505-7557,4067,24512,0167,5881994,817-4,810-8,062---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets1.4%1,959,1531,932,4681,909,2611,876,3201,886,4001,881,0201,877,7191,881,1411,939,7091,948,0681,954,9011,945,9961,957,2641,952,9111,920,3991,967,0481,981,3491,927,5551,943,9501,923,3881,887,792
    Cash Equivalents13.8%268,596236,052216,716154,418156,431159,157165,455155,140201,895234,230266,687274,173286,733264,612246,770262,503150,809141,250148,731164,427148,968
  Net PPE---------------8,9779,0259,1089,3099,3159,4358,825
  Goodwill0.0%25,17325,17525,17425,17525,17325,17325,17225,17825,18125,18026,19126,19426,29026,39226,38726,38526,38126,39026,38826,41526,420
Liabilities1.8%1,776,4791,745,0251,726,8881,694,3681,703,1801,698,8071,699,3361,701,3491,758,0201,757,9581,763,8301,752,8691,771,1951,767,1991,740,1881,788,6441,798,0191,739,5711,749,5341,723,3511,689,059
  Short Term Borrowings21.7%109,01489,55993,33084,25581,00751,14548,38237,07533,60134,40941,98045,63558,92058,99955,22460,48592,289104,512123,908115,344106,597
  Long Term Debt-9.5%187,764207,588190,035170,632173,466174,870156,412150,291153,337160,689162,982179,656183,312212,950215,711230,921237,342228,191230,651241,476236,339
Shareholder's Equity-1.6%182,674185,735180,715181,952183,220180,227178,478179,798181,597189,889191,071193,127188,034184,994181,727178,635183,310187,702194,416200,037198,733
  Retained Earnings1.4%203,870201,136199,287195,164191,688187,968186,551184,475182,623180,322175,709171,765166,772161,945160,913159,952165,308166,697166,320164,551160,776
  Additional Paid-In Capital-0.7%60,13160,55560,36560,17359,94660,31960,21660,02459,89960,19660,13460,01859,85460,19760,03559,92359,84961,04960,86660,62560,409
Shares Outstanding-3.5%3,5603,6883,7113,7003,7863,8053,8073,7943,8314,0624,0564,133---------
Minority Interest1.3%1,7311,7081,6581,7612,0521,9862,2202,2612,4462,5042,0431,8651,1301,0328597366128381,112995901
Float----156,300---148,300---185,700---105,200---208,700-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-166.6%-12,12518,20215,505-7557,4067,24512,0167,5881994,817-4,810-8,062-3,470-22,765-8,57616,11917,27312,423-12,975-6697,951
Cashflow From Investing598.6%21,095-4,2317,62820,601-7,955-15,926919-4,508-22,961-31,402-7,02115,27615,52820,51242,658103,687-44,303-2,526-7,381-10,698-9,026
Cashflow From Financing339.4%23,5745,36539,165-21,859-2,1772,383-2,620-49,835-9,573-5,8724,345-19,77410,06320,095-49,815-8,11236,589-17,3784,66026,826-23,244
  Dividend Payments-100.0%-1,2651,2751,1121,1371,1381,1369469588198084123833983992,0232,0322,0802,1641,9571,997
  Buy Backs160.5%6,0532,3241,4944,0434,0166.005.004.006,0187,0125,2911,5655963.003.002.003,4077,3677,4484,8984,820
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WFC Income Statement

2024-03-31
Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest income  
Debt securities$ 4,262$ 3,783
Loans held for sale11497
Loans14,71313,318
Equity securities150170
Other interest income3,6011,988
Total interest income22,84019,356
Interest expense  
Deposits5,8112,761
Short-term borrowings1,218570
Long-term debt3,3492,511
Other interest expense235178
Total interest expense10,6136,020
Net interest income12,22713,336
Noninterest income  
Deposit and lending-related fees1,5971,504
Card fees1,0611,033
Mortgage banking230232
Net gains (losses) from trading and securities1,447985
Other717580
Total noninterest income8,6367,393
Total revenue20,86320,729
Provision for credit losses9381,207
Noninterest expense  
Personnel9,4929,415
Technology, telecommunications and equipment1,053922
Occupancy714713
Operating losses633267
Professional and outside services1,1011,229
Advertising and promotion197154
Other1,148976
Total noninterest expense14,33813,676
Income (loss) before income tax expense5,5875,846
Income tax expense (benefit)964966
Net income (loss) before noncontrolling interests4,6234,880
Net income (loss) from noncontrolling interests4(111)
Wells Fargo net income (loss)4,6194,991
Preferred stock dividends and other306278
Wells Fargo net income (loss) applicable to common stock$ 4,313$ 4,713
Per share information  
Earnings per common share (in dollars per share)$ 1.21$ 1.24
Diluted earnings per common share (in dollars per share)$ 1.20$ 1.23
Average common shares outstanding (in shares)3,560.13,785.6
Diluted average common shares outstanding (in shares)3,600.13,818.7
Investment advisory and other asset-based fees [Member]  
Noninterest income  
Fee income$ 2,331$ 2,114
Commissions and brokerage services fees [Member]  
Noninterest income  
Fee income626619
Investment banking fees [Member]  
Noninterest income  
Fee income$ 627$ 326

WFC Balance Sheet

2024-03-31
Consolidated Balance Sheet - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Assets  
Cash and due from banks$ 30,180$ 33,026
Interest-earning deposits with banks239,467204,193
Federal funds sold and securities purchased under resale agreements68,75180,456
Trading, at fair value109,32497,302
Available-for-sale, at fair value138,245130,448
Held-to-maturity, at amortized cost258,711262,708
Loans held for sale5,4734,936
Total loans922,784936,682
Allowance for loan losses(14,421)(14,606)
Net loans908,363922,076
Mortgage servicing rights8,2488,508
Premises and equipment, net9,4269,266
Goodwill25,17325,175
Derivative assets17,65318,223
Equity securities59,55657,336
Other assets80,58378,815
Total assets[1]1,959,1531,932,468
Liabilities  
Noninterest-bearing deposits356,162360,279
Interest-bearing deposits1,026,985997,894
Total deposits1,383,1471,358,173
Short-term borrowings109,01489,559
Derivative liabilities17,11618,495
Accrued expenses and other liabilities79,43871,210
Long-term debt187,764207,588
Total liabilities[2]1,776,4791,745,025
Wells Fargo stockholders’ equity:  
Preferred stock18,60819,448
Common stock9,1369,136
Additional paid-in capital60,13160,555
Retained earnings203,870201,136
Accumulated other comprehensive income (loss)(12,546)(11,580)
Treasury stock, at cost(98,256)(92,960)
Total Wells Fargo stockholders’ equity180,943185,735
Noncontrolling interests1,7311,708
Total equity182,674187,443
Total liabilities and equity$ 1,959,153$ 1,932,468
[1]Our consolidated assets at March 31, 2024, and December 31, 2023, include the following assets of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs: Loans, $5.1 billion and $4.9 billion; all other assets, $500 million and $435 million; and Total assets, $5.6 billion and $5.3 billion, respectively.
[2]Our consolidated liabilities at March 31, 2024, and December 31, 2023, include the following VIE liabilities for which the VIE creditors do not have recourse to Wells Fargo: Long-term debt, $1.2 billion and $0; all other liabilities, $126 million and $115 million; and Total liabilities $1.4 billion and $115 million, respectively.
WFC
Wells Fargo & Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. It operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The Consumer Banking and Lending segment offers diversified financial products and services for consumers and small businesses. Its financial products and services include checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services. The Commercial Banking segment provides financial solutions to private, family owned, and certain public companies. Its products and services include banking and credit products across various industry sectors and municipalities, secured lending and lease products, and treasury management services. The Corporate and Investment Banking segment offers a suite of capital markets, banking, and financial products and services to corporate, commercial real estate, government, and institutional clients. Its products and services comprise corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity, and fixed income solutions, as well as sales, trading, and research capabilities services. The Wealth and Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, and trust and fiduciary products and services to affluent, high-net worth, and ultra-high-net worth clients. It also operates through financial advisors. Its serves to independent offices and consumer banks. The company was founded in 1852 and is headquartered in San Francisco, California.
 CEO
 WEBSITEwellsfargo.com
 INDUSTRYBanks Diversified
 EMPLOYEES65535

Wells Fargo & Co Frequently Asked Questions


What is the ticker symbol for Wells Fargo & Co? What does WFC stand for in stocks?

WFC is the stock ticker symbol of Wells Fargo & Co. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Wells Fargo & Co (WFC)?

As of Tue May 07 2024, market cap of Wells Fargo & Co is 210.02 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WFC stock?

You can check WFC's fair value in chart for subscribers.

What is the fair value of WFC stock?

You can check WFC's fair value in chart for subscribers. The fair value of Wells Fargo & Co is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Wells Fargo & Co is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WFC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Wells Fargo & Co a good stock to buy?

The fair value guage provides a quick view whether WFC is over valued or under valued. Whether Wells Fargo & Co is cheap or expensive depends on the assumptions which impact Wells Fargo & Co's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WFC.

What is Wells Fargo & Co's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, WFC's PE ratio (Price to Earnings) is 11.19 and Price to Sales (PS) ratio is 2.45. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WFC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Wells Fargo & Co's stock?

In the past 10 years, Wells Fargo & Co has provided 0.046 (multiply by 100 for percentage) rate of return.