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Wells Fargo & Co Stock Research

WFC

37.38USD0.00(0.00%)Delayed

Market Summary

USD37.380.00
Delayed
0.00%

WFC Alerts

WFC Stock Price

WFC RSI Chart

WFC Valuation

Market Cap

141.9B

Price/Earnings (Trailing)

10.77

Price/Sales (Trailing)

2.63

EV/EBITDA

2.36

Price/Free Cashflow

5.25

WFC Price/Sales (Trailing)

WFC Profitability

EBT Margin

27.71%

Return on Equity

7.33%

Return on Assets

0.7%

Free Cashflow Yield

19.06%

WFC Fundamentals

WFC Revenue

Revenue (TTM)

54.0B

Revenue Y/Y

75.8%

Revenue Q/Q

22.76%

WFC Earnings

Earnings (TTM)

13.2B

Earnings Y/Y

-50.19%

Earnings Q/Q

-18.82%

Price Action

52 Week Range

35.2549.26
(Low)(High)

Last 7 days

3.2%

Last 30 days

-19.9%

Last 90 days

-9.5%

Trailing 12 Months

-21.4%

WFC Financial Health

Debt/Equity

0.97

Debt/Cashflow

0.15

WFC Investor Care

Dividend Yield

1.94%

Dividend/Share (TTM)

0.9

Buy Backs (1Y)

6.40%

Diluted EPS (TTM)

3.14

Peers (Alternatives to Wells Fargo)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
385.9B
128.7B
-8.59% -1.98%
10.24
3
5.79% -22.05%
228.7B
95.0B
-15.68% -28.89%
8.31
2.41
6.55% -13.92%
141.9B
54.0B
-19.92% -21.41%
10.77
2.63
36.10% -38.82%
54.1B
17.9B
-23.80% -30.70%
9.28
3.01
33.05% -26.85%
52.1B
21.1B
-18.11% -29.17%
8.52
2.47
9.94% 6.78%
9.5B
2.7B
-18.92% -22.09%
10.59
3.55
24.33% -9.91%
MID-CAP
6.8B
1.5B
-20.80% -23.89%
11.7
4.59
46.29% 30.71%
6.5B
1.4B
-18.94% -8.61%
12.4
4.63
17.98% -15.83%
4.4B
2.7B
-40.66% -52.96%
4.91
1.64
19.32% -19.66%
4.2B
1.4B
-25.31% -39.60%
7.52
3.07
33.23% 6.34%
SMALL-CAP
1.9B
378.2M
-7.30% -7.29%
12.99
5.1
19.24% -3.63%
1.5B
541.8M
-15.61% -18.72%
20.95
2.78
22.45% -51.22%
1.2B
221.8M
-19.59% -25.20%
9.77
5.38
27.86% 41.07%
1.2B
716.1M
-22.62% -37.11%
5.38
1.64
26.40% 6.70%

Financials for Wells Fargo

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue16.6%54,02446,35241,69239,82939,694
EBITDA-2.4%66,75168,41067,98064,880-
EBITDA Margin-16.3%1.24*1.48*1.63*1.63*-
Earnings Before Taxes-27.3%14,96920,57823,11027,73428,816
EBT Margin-37.6%0.28*0.44*0.55*0.70*-
Interest Expenses10.2%44,95040,77937,59036,19235,779
Net Income-18.0%13,18216,06817,66220,58321,548
Net Income Margin-29.6%0.24*0.35*0.42*0.52*-
Free Cahsflow9.9%27,04824,6207,794-7,856-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets0.2%1,881,0161,877,7451,881,1421,939,7091,948,068
    Cash Equivalents-3.8%159,157165,455155,140201,895234,230
  Goodwill0.0%25,17325,17225,17825,18125,180
Liabilities0.0%1,699,1411,699,3361,701,3491,758,0201,757,958
.    Short Term Borrowings5.7%51,14548,38237,07533,60134,409
  Long Term Debt11.8%174,870156,412150,291153,337160,689
Shareholder's Equity2.1%179,889176,189179,793181,689187,606
  Retained Earnings0.6%187,649186,551184,475182,623180,322
  Additional Paid-In Capital0.2%60,31960,21660,02459,89960,196
Shares Outstanding0.1%3,7973,7943,831--
Minority Interest-10.5%1,9862,2202,2612,4462,504
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations9.9%27,04824,6207,794-7,856-11,525
Cashflow From Investing26.7%-42,476-57,952-65,892-46,108-7,619
Cashflow From Financing12.2%-59,645-67,900-60,935-30,874-11,238
  Dividend Payments8.3%4,1783,8593,5312,9972,422
  Buy Backs-53.7%6,03313,03918,32519,88614,464

Risks for WFC

What is the probability of a big loss on WFC?

73.1%


Probability that Wells Fargo stock will be more than 20% underwater in next one year

38.9%


Probability that Wells Fargo stock will be more than 30% underwater in next one year.

19.6%


Probability that Wells Fargo stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does WFC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Wells Fargo was unfortunately bought at previous high price.

Drawdowns

Returns for WFC

Cumulative Returns on WFC

3.0%


10-Year Cumulative Returns

-0.9%


7-Year Cumulative Returns

-3.9%


5-Year Cumulative Returns

11.6%


3-Year Cumulative Returns

What are the long-term rolling returns for WFC?

FIve years rolling returns for Wells Fargo.

Annualized Returns

Which funds bought or sold WFC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-28
SEIZERT CAPITAL PARTNERS, LLC
reduced
-2.17
160,365
37,381,400
1.99%
2023-03-27
Neo Ivy Capital Management
added
177
442,000
681,000
0.46%
2023-03-24
Freemont Management S.A.
unchanged
-
303,199
11,689,200
1.83%
2023-03-24
PALISADE CAPITAL MANAGEMENT, LP
added
5.45
666,335
12,858,300
0.34%
2023-03-23
ETF MANAGERS GROUP, LLC
sold off
-100
-300,000
-
-%
2023-03-23
MetLife Investment Management, LLC
reduced
-1.19
581,062
41,076,400
0.33%
2023-03-22
Campion Asset Management
reduced
-6.47
-14,616
364,384
0.36%
2023-03-17
American Portfolios Advisors
unchanged
-
-69.00
7,224
-%
2023-03-17
American Portfolios Advisors
reduced
-13.34
-355,952
2,875,590
0.12%
2023-03-15
B. Riley Wealth Advisors, Inc.
added
12.1
483,843
3,695,840
0.10%

1–10 of 43

Latest Funds Activity

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

Wells Fargo News

Kiplinger's Personal Finance

Value Investing Is Back.

Kiplinger's Personal Finance,
2 hours ago

Nasdaq

Yahoo Finance

Morningstar

InvestorPlace

Schedule 13G FIlings of Wells Fargo

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 14, 2020
berkshire hathaway inc
8.4%
347,604,686
SC 13G/A
Feb 12, 2020
vanguard group inc
7.37%
311,751,138
SC 13G/A

WFC Fair Value

Wells Fargo fair value in different scenarios

The table shows the Fair Value estimates for Wells Fargo for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

-

-

-

-

-

-

-

-

-

-
Current Inflation

4.34

-88.39%

8.75

-76.59%

17.48

-53.24%

27.69

-25.92%

34.23

-8.43%
Very High Inflation

-

-

-

-

-

-

-

-

-

-

Historical Wells Fargo Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Wells Fargo

View All Filings
Date Filed Form Type Document
Mar 31, 2023
SC 13D/A
13D - Major Acquisition
Mar 31, 2023
4
Insider Trading
Mar 27, 2023
PX14A6G
PX14A6G
Mar 23, 2023
SC 13D/A
13D - Major Acquisition
Mar 23, 2023
SC 13D/A
13D - Major Acquisition
Mar 22, 2023
PX14A6G
PX14A6G
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading

Latest Insider Trading transactions for WFC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-15
Powell Scott
sold (taxes)
-105,513
38.85
-2,715
sevp & chief operating officer
2023-03-15
Powell Scott
acquired
-
-
5,316
sevp & chief operating officer
2023-03-15
Mack Mary T
sold (taxes)
-1,117,170
38.85
-28,755
sr. executive vice president
2023-03-15
Weiss Jonathan G.
acquired
-
-
45,672
sr. executive vice president
2023-03-15
Hranicky Kyle G
acquired
-
-
15,465
sr. executive vice president
2023-03-15
Patterson Ellen R
sold (taxes)
-538,629
38.85
-13,864
sr. evp and general counsel
2023-03-15
Patterson Ellen R
acquired
-
-
27,157
sr. evp and general counsel
2023-03-15
Hranicky Kyle G
sold (taxes)
-231,776
38.85
-5,965
sr. executive vice president
2023-03-15
Flowers Derek A.
acquired
-
-
19,139
sr. evp and chief risk officer
2023-03-15
DALEY WILLIAM M
sold (taxes)
-85,384
38.5105
-2,217
vice chairman - public affairs

1–10 of 50

Charles W. Scharf
65535
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. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.

WFC Income Statement

2022-12-31
Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest income   
Debt securities$ 11,781$ 9,253$ 11,234
Loans held for sale513865947
Loans37,71528,63434,230
Equity securities707608554
Other interest income3,308334954
Total interest income54,02439,69447,919
Interest expense   
Deposits2,3493882,804
Short-term borrowings582(41)250
Long-term debt5,5053,1734,471
Other interest expense638395438
Total interest expense9,0743,9157,963
Net interest income44,95035,77939,956
Noninterest income   
Deposit and lending-related fees6,7136,9206,602
Card fees4,3554,1753,544
Mortgage banking1,3834,9563,493
Net gains from trading and securities1,4617,2642,710
Other2,2383,7343,847
Total noninterest income28,83542,71334,308
Total revenue73,78578,49274,264
Provision for credit losses1,534(4,155)14,129
Noninterest expense   
Personnel34,34035,54134,811
Technology, telecommunications and equipment3,3753,2273,099
Occupancy2,8812,9683,263
Operating losses6,9841,5683,523
Professional and outside services5,1885,7236,706
Advertising and promotion505600600
Restructuring charges5761,499
Other4,0044,1284,129
Total noninterest expense57,28253,83157,630
Income before income tax expense14,96928,8162,505
Income tax expense (benefit)2,0875,578(1,157)
Net income before noncontrolling interests12,88223,2383,662
Less: Net income (loss) from noncontrolling interests(300)1,690285
Wells Fargo net income13,18221,5483,377
Less: Preferred stock dividends and other1,1151,2921,591
Wells Fargo net income applicable to common stock$ 12,067$ 20,256$ 1,786
Per share information   
Earnings per common share (in dollars per share)$ 3.17$ 4.99$ 0.43
Diluted earnings per common share (in dollars per share)$ 3.14$ 4.95$ 0.43
Average common shares outstanding (in shares)3,805.24,061.94,118.0
Diluted average common shares outstanding (in shares)3,837.04,096.24,134.2
Investment advisory and other asset-based fees [Member]   
Noninterest income   
Fee income$ 9,004$ 11,011$ 9,863
Commissions and brokerage services fees [Member]   
Noninterest income   
Fee income2,2422,2992,384
Investment banking fees [Member]   
Noninterest income   
Fee income$ 1,439$ 2,354$ 1,865

WFC Balance Sheet

2022-12-31
Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Assets  
Cash and due from banks$ 34,596$ 24,616
Interest-earning deposits with banks124,561209,614
Total cash, cash equivalents, and restricted cash159,157234,230
Federal funds sold and securities purchased under resale agreements68,03666,223
Trading, at fair value86,15588,265
Available-for-sale, at fair value113,594177,244
Held-to-maturity, at amortized cost, net of allowance for credit losses297,059272,022
Loans held for sale7,10423,617
Total loans955,871895,394
Allowance for loan losses(12,985)(12,490)
Net loans942,886882,904
Mortgage servicing rights10,4808,189
Premises and equipment, net8,3508,571
Goodwill25,17325,180
Derivative assets22,77421,478
Equity securities64,41472,886
Other assets75,83467,259
Total assets[1]1,881,0161,948,068
Liabilities  
Noninterest-bearing deposits458,010527,748
Interest-bearing deposits925,975954,731
Total deposits1,383,9851,482,479
Short-term borrowings51,14534,409
Derivative liabilities20,0859,424
Accrued expenses and other liabilities69,05670,957
Long-term debt174,870160,689
Total liabilities[2]1,699,1411,757,958
Wells Fargo stockholders’ equity:  
Preferred stock19,44820,057
Common stock9,1369,136
Additional paid-in capital60,31960,196
Retained earnings187,649180,322
Accumulated other comprehensive loss(13,381)(1,702)
Treasury stock, at cost(82,853)(79,757)
Unearned ESOP shares(429)(646)
Total Wells Fargo stockholders’ equity179,889187,606
Noncontrolling interests1,9862,504
Total equity181,875190,110
Total liabilities and equity$ 1,881,016$ 1,948,068
[1]Our consolidated assets at December 31, 2022 and 2021, include the following assets of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs: Debt securities, $71 million and $71 million; Loans, $4.8 billion and $4.5 billion; All other assets, $191 million and $234 million; and Total assets, $5.1 billion and $4.8 billion, respectively.
[2]Our consolidated liabilities at December 31, 2022 and 2021, include the following VIE liabilities for which the VIE creditors do not have recourse to Wells Fargo: Long-term debt, $0 million and $149 million; All other liabilities, $201 million and $259 million; and Total liabilities, $201 million and $408 million, respectively.