Market Summary
USD39.61-1.25
Market Closed-3.06%
WFC Stock Price
WFC RSI Chart
WFC Valuation
WFC Price/Sales (Trailing)
WFC Profitability
WFC Fundamentals
WFC Revenue
WFC Earnings
Price Action
52 Week Range
35.2548.84
(Low)(High)
Last 7 days
-4.7%
Last 30 days
-4.9%
Last 90 days
-8.7%
Trailing 12 Months
-0.9%
WFC Financial Health
WFC Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for WFC
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-09-15 | Norwood Felicia F | sold | -12,450 | 25.00 | -498 | - |
2023-04-21 | Hranicky Kyle G | gifted | - | - | -2,400 | sr. executive vice president |
2023-04-21 | Hranicky Kyle G | acquired | - | - | 114,029 | sr. executive vice president |
2023-04-21 | Hranicky Kyle G | gifted | - | - | 800 | sr. executive vice president |
2023-04-21 | Hranicky Kyle G | sold | - | - | -114,029 | sr. executive vice president |
2023-03-16 | Norwood Felicia F | bought | 1,451 | 18.846 | 77.00 | - |
2023-03-15 | Weiss Jonathan G. | acquired | - | - | 45,672 | sr. executive vice president |
2023-03-15 | Van Beurden Saul | sold (taxes) | -460,113 | 38.85 | -11,843 | sr. executive vice president |
Which funds bought or sold WFC recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-26 | M Holdings Securities, Inc. | sold off | -100 | -604,000 | - | -% |
2023-09-26 | BROOKFIELD Corp /ON/ | added | 934 | 20,741,100 | 22,660,000 | 0.09% |
2023-09-21 | Baystate Wealth Management LLC | reduced | -72.71 | -49,534 | 22,410 | -% |
2023-09-21 | Jefferies Group LLC | added | 938 | 2,421,450 | 2,671,940 | 0.02% |
2023-09-21 | Jefferies Group LLC | unchanged | - | -22,685 | 2,371,880 | 0.02% |
2023-09-20 | Mondrian Investment Partners LTD | reduced | -2.76 | 15,518,200 | 156,278,000 | 3.12% |
2023-09-20 | BARCLAYS PLC | added | 94.71 | 255,343,000 | 464,109,000 | 0.29% |
2023-09-14 | IMS Capital Management | reduced | -0.46 | 314,146 | 2,615,560 | 1.45% |
2023-09-13 | CGC Financial Services, LLC | new | - | 11,950 | 11,950 | 0.01% |
2023-09-12 | Farther Finance Advisors, LLC | new | - | 387,072 | 387,072 | 0.09% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Wells Fargo
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form 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 |
Recent SEC filings of Wells Fargo
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 25, 2023 | 3 | Insider Trading | |
| Sep 25, 2023 | SC 13D | 13D - Major Acquisition | |
| Sep 22, 2023 | SC 13D/A | 13D - Major Acquisition | |
| Sep 22, 2023 | SC 13D/A | 13D - Major Acquisition | |
| Sep 22, 2023 | SC 13D/A | 13D - Major Acquisition | |
| Sep 22, 2023 | SC 13D/A | 13D - Major Acquisition | |
| Sep 22, 2023 | SC 13D | 13D - Major Acquisition | |
| Sep 22, 2023 | SC 13D | 13D - Major Acquisition | |
| Sep 22, 2023 | 3 | Insider Trading | |
| Sep 22, 2023 | 3 | Insider Trading |
WFC Fair Value
Loading...
Peers (Alternatives to Wells Fargo)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
JPM | 423.2B | 173.2B | -2.08% | 38.81% | 8.85 | 2.44 | 35.92% | 22.61% |
BAC | 212.4B | 110.0B | -7.87% | -10.50% | 7.13 | 1.93 | 51.38% | 6.30% |
WFC | 146.6B | 72.5B | -4.90% | -0.88% | 8.98 | 2.02 | 73.83% | -8.32% |
USB | 49.3B | 25.2B | -13.30% | -20.29% | 8.5 | 1.96 | 79.85% | -14.63% |
PNC | 48.1B | 22.9B | -1.80% | -18.88% | 7.54 | 2.1 | 38.72% | 11.55% |
FHN | 5.7B | 3.5B | -16.55% | -52.80% | 5.16 | 1.63 | 63.30% | 33.69% |
| MID-CAP | ||||||||
CFR | 6.6B | 2.0B | -6.44% | -32.26% | 10.07 | 3.77 | 87.42% | 64.02% |
BOKF | 6.0B | 1.9B | -8.45% | -11.55% | 9.38 | 3.15 | 63.51% | 27.47% |
PNFP | 5.0B | 1.9B | -5.41% | -19.40% | 8.05 | 2.63 | 77.79% | 14.10% |
ZION | 5.0B | 3.4B | -8.10% | -33.10% | 5.64 | 1.44 | 49.65% | 2.44% |
| SMALL-CAP | ||||||||
PRK | 1.5B | 434.3M | -10.39% | -24.64% | 10.68 | 3.46 | 26.93% | -3.25% |
TRMK | 1.3B | 738.4M | -9.66% | -30.10% | 12.6 | 1.77 | 72.51% | -6.48% |
WABC | 1.2B | 270.1M | -4.16% | -16.61% | 7.45 | 4.27 | 51.23% | 68.79% |
HOPE | 1.0B | 919.0M | -11.74% | -30.28% | 5.73 | 1.14 | 55.57% | -16.98% |
Wells Fargo News
Returns for WFC
Cumulative Returns on WFC
2.3%
10-Year Cumulative Returns
1.1%
7-Year Cumulative Returns
-3.2%
5-Year Cumulative Returns
19.8%
3-Year Cumulative Returns
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
Financials for Wells Fargo
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | 14.7% | 72,473 | 63,199 | 54,024 | 46,352 | 41,692 | 39,829 | 39,694 | 40,123 | 41,100 | 43,220 | 47,919 | 53,018 | 58,706 | 63,879 | 66,155 | 67,409 | 67,274 | 66,303 | 64,647 | 92,164 | 90,844 |
| EBITDA | -100.0% | - | 71,964 | 66,751 | 68,410 | 67,980 | 64,880 | 65,995 | 59,742 | 56,955 | 50,462 | 48,635 | 53,904 | 58,406 | 73,509 | 80,273 | - | - | - | - | - | - |
| EBITDA Margin | -100.0% | - | 1.14* | 1.24* | 1.48* | 1.63* | 1.63* | 1.66* | 1.49* | 1.39* | 1.17* | 1.02* | 1.02* | 1.00* | 1.15* | 1.21* | - | - | - | - | - | - |
| Interest Expenses | 6.0% | 52,030 | 49,065 | 44,950 | 40,779 | 37,590 | 36,192 | 35,779 | 35,872 | 36,342 | 37,434 | 39,956 | 41,855 | 44,101 | 46,304 | 47,303 | 48,675 | 49,622 | 50,068 | 49,995 | 49,664 | 49,541 |
| Earnings Before Taxes | 13.7% | 18,574 | 16,339 | 14,969 | 20,766 | 23,298 | 27,889 | 28,816 | 24,572 | 20,964 | 6,976 | 2,505 | 3,554 | 6,352 | 19,783 | 25,967 | 27,716 | 29,198 | 28,685 | 28,538 | 26,017 | 25,200 |
| EBT Margin | -100.0% | - | 0.26* | 0.28* | 0.44* | 0.55* | 0.70* | 0.73* | 0.56* | 0.46* | 0.11* | 0.01* | 0.07* | 0.11* | 0.31* | 0.39* | - | - | - | - | - | - |
| Net Income | 12.4% | 16,321 | 14,525 | 13,182 | 16,208 | 17,802 | 20,700 | 21,548 | 18,889 | 16,983 | 7,097 | 3,377 | 3,062 | 4,456 | 14,508 | 19,715 | 22,740 | 24,137 | 23,117 | 22,393 | 22,480 | 21,015 |
| Net Income Margin | -100.0% | - | 0.23* | 0.24* | 0.35* | 0.42* | 0.52* | 0.54* | 0.47* | 0.42* | 0.17* | 0.07* | 0.05* | 0.07* | 0.22* | 0.30* | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 34,255 | 27,048 | 24,620 | 7,794 | -7,856 | -11,525 | -39,107 | -42,873 | -18,692 | 2,051 | 37,239 | 32,840 | 16,052 | 6,730 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | -0.5% | 1,876,320 | 1,886,400 | 1,881,020 | 1,877,745 | 1,881,141 | 1,939,709 | 1,948,068 | 1,954,901 | 1,945,996 | 1,957,264 | 1,952,911 | 1,920,399 | 1,967,048 | 1,981,349 | 1,927,555 | 1,943,950 | 1,923,388 | 1,887,792 | 1,895,883 | 1,872,981 | 1,879,700 |
| Cash Equivalents | -1.3% | 154,418 | 156,431 | 159,157 | 165,455 | 155,140 | 201,895 | 234,230 | 266,687 | 274,173 | 286,733 | 264,612 | 246,770 | 262,503 | 150,809 | 141,250 | 148,731 | 164,427 | 148,968 | 173,287 | 159,523 | 163,449 |
| Net PPE | - | - | - | - | - | - | - | - | - | - | - | - | 8,977 | 9,025 | 9,108 | 9,309 | 9,315 | 9,435 | 8,825 | 8,920 | 8,802 | 8,882 |
| Goodwill | 0.0% | 25,175 | 25,173 | 25,173 | 25,172 | 25,178 | 25,181 | 25,180 | 26,191 | 26,194 | 26,290 | 26,392 | 26,387 | 26,385 | 26,381 | 26,390 | 26,388 | 26,415 | 26,420 | 26,418 | 26,425 | 26,429 |
| Liabilities | -0.5% | 1,694,368 | 1,703,180 | 1,698,807 | 1,699,336 | 1,701,349 | 1,758,020 | 1,757,958 | 1,763,830 | 1,752,869 | 1,771,195 | 1,767,199 | 1,740,188 | 1,788,644 | 1,798,019 | 1,739,571 | 1,749,534 | 1,723,351 | 1,689,059 | 1,698,817 | 1,673,302 | 1,673,631 |
| Short Term Borrowings | 4.0% | 84,255 | 81,007 | 51,145 | 48,382 | 37,075 | 33,601 | 34,409 | 41,980 | 45,635 | 58,920 | 58,999 | 55,224 | 60,485 | 92,289 | 104,512 | 123,908 | 115,344 | 106,597 | 105,787 | 105,451 | 104,496 |
| Long Term Debt | -1.6% | 170,632 | 173,466 | 174,870 | 156,412 | 150,291 | 153,337 | 160,689 | 162,982 | 179,656 | 183,312 | 212,950 | 215,711 | 230,921 | 237,342 | 228,191 | 230,651 | 241,476 | 236,339 | 229,044 | 221,323 | 219,284 |
| Shareholder's Equity | -1.7% | 180,191 | 183,220 | 180,227 | 176,189 | 179,798 | 181,597 | 189,889 | 191,071 | 193,127 | 188,034 | 185,712 | 181,727 | 178,635 | 183,310 | 187,702 | 194,416 | 200,037 | 198,733 | 197,066 | 199,679 | 206,069 |
| Retained Earnings | 1.8% | 195,164 | 191,688 | 187,968 | 186,551 | 184,475 | 182,623 | 180,322 | 175,709 | 171,765 | 166,772 | 161,945 | 160,913 | 159,952 | 165,308 | 166,697 | 166,320 | 164,551 | 160,776 | 158,163 | 154,576 | 150,803 |
| Additional Paid-In Capital | 0.4% | 60,173 | 59,946 | 60,319 | 60,216 | 60,024 | 59,899 | 60,196 | 60,134 | 60,018 | 59,854 | 60,197 | 60,035 | 59,923 | 59,849 | 61,049 | 60,866 | 60,625 | 60,409 | 60,685 | 60,738 | 59,644 |
| Shares Outstanding | -2.3% | 3,700 | 3,786 | - | 3,797 | 3,794 | 3,831 | - | 4,056 | 4,125 | 4,141 | - | 4,124 | 4,106 | 4,105 | - | 4,359 | 4,469 | 4,552 | - | 4,784 | 4,866 |
| Minority Interest | -14.2% | 1,761 | 2,052 | 1,986 | 2,220 | 2,261 | 2,446 | 2,504 | 2,043 | 1,865 | 1,130 | 1,032 | 859 | 736 | 612 | 838 | 1,112 | 995 | 901 | 900 | 938 | 881 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | -24.4% | 25,912 | 34,255 | 27,048 | 24,620 | 7,794 | -7,856 | -11,525 | -39,107 | -42,873 | -18,692 | 2,051 | 37,239 | 32,840 | 16,052 | 6,730 | 9,341 | 28,974 | 28,794 | 36,073 | 21,314 | 24,188 |
| Cashflow From Investing | 91.4% | -2,361 | -27,470 | -42,476 | -57,952 | -65,892 | -46,108 | -7,619 | 44,295 | 93,974 | 182,385 | 122,554 | 99,516 | 49,477 | -64,908 | -29,631 | -45,350 | -38,189 | -26,941 | -7,754 | -17,445 | -10,573 |
| Cashflow From Financing | 53.5% | -24,273 | -52,249 | -59,645 | -67,900 | -60,935 | -30,874 | -11,238 | 14,729 | -39,431 | -27,769 | -1,243 | -38,716 | 15,759 | 50,697 | -9,136 | 25,217 | 10,193 | -55,280 | -70,979 | -69,557 | -66,471 |
| Dividend Payments | 3.8% | 4,523 | 4,357 | 4,178 | 3,859 | 3,531 | 2,997 | 2,422 | 2,001 | 1,592 | 3,203 | 4,852 | 6,534 | 8,299 | 8,233 | 8,198 | 8,080 | 7,924 | 7,822 | 7,692 | 7,605 | 7,487 |
| Buy Backs | 100.2% | 8,070 | 4,031 | 6,033 | 13,039 | 18,325 | 19,886 | 14,464 | 7,455 | 2,167 | 604 | 3,415 | 10,779 | 18,224 | 23,120 | 24,533 | 24,465 | 24,399 | 22,424 | 20,633 | 16,179 | 11,398 |
WFC Income Statement
2023-06-30Consolidated Statement of Income - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 Months Ended | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |||||||||
| Interest income | ||||||||||||
| Debt securities | $ 4,037 | $ 2,702 | $ 7,820 | $ 5,265 | ||||||||
| Loans held for sale | 94 | 126 | 191 | 266 | ||||||||
| Loans | 14,115 | 8,116 | 27,433 | 15,334 | ||||||||
| Equity securities | 194 | 193 | 364 | 363 | ||||||||
| Other interest income | 2,390 | 419 | 4,378 | 509 | ||||||||
| Total interest income | 20,830 | 11,556 | 40,186 | 21,737 | ||||||||
| Interest expense | ||||||||||||
| Deposits | 3,805 | 158 | 6,566 | 241 | ||||||||
| Short-term borrowings | 961 | 31 | 1,531 | 17 | ||||||||
| Long-term debt | 2,693 | 1,011 | 5,204 | 1,772 | ||||||||
| Other interest expense | 208 | 158 | 386 | 288 | ||||||||
| Total interest expense | 7,667 | 1,358 | 13,687 | 2,318 | ||||||||
| Net interest income | 13,163 | 10,198 | 26,499 | 19,419 | ||||||||
| Noninterest income | ||||||||||||
| Deposit and lending-related fees | 1,517 | 1,729 | 3,021 | 3,544 | ||||||||
| Card fees | 1,098 | 1,112 | 2,131 | 2,141 | ||||||||
| Mortgage banking | 202 | 287 | 434 | 980 | ||||||||
| Net gains (losses) from trading and securities | 1,032 | (26) | 2,017 | 770 | ||||||||
| Other | 412 | 566 | [1] | 992 | 1,258 | [1] | ||||||
| Total noninterest income | 7,370 | 6,842 | 14,763 | 15,349 | ||||||||
| Total revenue | 20,533 | 17,040 | 41,262 | 34,768 | ||||||||
| Provision for credit losses | 1,713 | 580 | 2,920 | (207) | ||||||||
| Noninterest expense | ||||||||||||
| Personnel | 8,606 | 8,442 | 18,021 | 17,713 | ||||||||
| Technology, telecommunications and equipment | 947 | 799 | 1,869 | 1,675 | ||||||||
| Occupancy | 707 | 705 | 1,420 | 1,427 | ||||||||
| Operating losses | 232 | 576 | 499 | 1,249 | ||||||||
| Professional and outside services | 1,304 | 1,310 | 2,533 | 2,596 | ||||||||
| Advertising and promotion | 184 | 102 | 338 | 201 | ||||||||
| Restructuring charges | 0 | 0 | 0 | 5 | ||||||||
| Other | 1,007 | 928 | [1] | 1,983 | 1,847 | [1] | ||||||
| Total noninterest expense | 12,987 | 12,862 | 26,663 | 26,713 | ||||||||
| Income (loss) before income tax expense | 5,833 | 3,598 | 11,679 | 8,262 | ||||||||
| Income tax expense (benefit) | 930 | 622 | [1] | 1,896 | 1,368 | [1] | ||||||
| Net income (loss) before noncontrolling interests | 4,903 | 2,976 | [2] | 9,783 | 6,894 | [2],[3] | ||||||
| Net income (loss) from noncontrolling interests | (35) | (166) | (146) | (36) | ||||||||
| Wells Fargo net income (loss) | 4,938 | 3,142 | [1] | 9,929 | 6,930 | [1] | ||||||
| Less: Preferred stock dividends and other | 279 | 279 | 557 | 558 | ||||||||
| Wells Fargo net income (loss) applicable to common stock | $ 4,659 | $ 2,863 | $ 9,372 | $ 6,372 | ||||||||
| Per share information | ||||||||||||
| Earnings per common share (in dollars per share) | $ 1.26 | $ 0.75 | $ 2.50 | $ 1.67 | ||||||||
| Diluted earnings per common share (in dollars per share) | $ 1.25 | $ 0.75 | $ 2.48 | $ 1.66 | ||||||||
| Average common shares outstanding (in shares) | 3,699.9 | 3,793.8 | 3,742.6 | 3,812.3 | ||||||||
| Diluted average common shares outstanding (in shares) | 3,724.9 | 3,819.6 | 3,772.4 | 3,845.0 | ||||||||
| Investment advisory and other asset-based fees [Member] | ||||||||||||
| Noninterest income | ||||||||||||
| Fee income | $ 2,163 | $ 2,346 | $ 4,277 | $ 4,844 | ||||||||
| Commissions and brokerage services fees [Member] | ||||||||||||
| Noninterest income | ||||||||||||
| Fee income | 570 | 542 | 1,189 | 1,079 | ||||||||
| Investment banking fees [Member] | ||||||||||||
| Noninterest income | ||||||||||||
| Fee income | $ 376 | $ 286 | $ 702 | $ 733 | ||||||||
| ||||||||||||
WFC Balance Sheet
2023-06-30Consolidated Balance Sheet - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash and due from banks | $ 31,915 | $ 34,596 | |||||||||
| Interest-earning deposits with banks | 123,418 | 124,561 | |||||||||
| Federal funds sold and securities purchased under resale agreements | 66,500 | 68,036 | |||||||||
| Trading, at fair value | 96,857 | 86,155 | |||||||||
| Available-for-sale, at fair value | 134,251 | 113,594 | |||||||||
| Held-to-maturity, at amortized cost, net of allowance for credit losses | 272,360 | 297,059 | |||||||||
| Loans held for sale | 6,029 | 7,104 | |||||||||
| Total loans | 947,960 | 955,871 | |||||||||
| Allowance for loan losses | (14,258) | (12,985) | |||||||||
| Net loans | 933,702 | 942,886 | |||||||||
| Mortgage servicing rights | 9,345 | 10,480 | |||||||||
| Premises and equipment, net | 8,392 | 8,350 | |||||||||
| Goodwill | 25,175 | 25,173 | |||||||||
| Derivative assets | 17,990 | 22,774 | |||||||||
| Equity securities | 67,471 | 64,414 | |||||||||
| Other assets | 82,915 | 75,838 | [1] | ||||||||
| Total assets | [2] | 1,876,320 | 1,881,020 | ||||||||
| Liabilities | |||||||||||
| Noninterest-bearing deposits | 402,322 | 458,010 | |||||||||
| Interest-bearing deposits | 942,262 | 925,975 | |||||||||
| Total deposits | 1,344,584 | 1,383,985 | |||||||||
| Short-term borrowings | 84,255 | 51,145 | |||||||||
| Derivative liabilities | 21,431 | 20,067 | [1] | ||||||||
| Accrued expenses and other liabilities | 73,466 | 68,740 | |||||||||
| Long-term debt | 170,632 | 174,870 | |||||||||
| Total liabilities | [3] | 1,694,368 | 1,698,807 | ||||||||
| Wells Fargo stockholders’ equity: | |||||||||||
| Preferred stock | 19,448 | 19,448 | |||||||||
| Common stock | 9,136 | 9,136 | |||||||||
| Additional paid-in capital | 60,173 | 60,319 | |||||||||
| Retained earnings | 195,164 | 187,968 | [1] | ||||||||
| Accumulated other comprehensive income (loss) | (13,441) | (13,362) | [1] | ||||||||
| Treasury stock, at cost | (89,860) | (82,853) | |||||||||
| Unearned ESOP shares | (429) | (429) | |||||||||
| Total Wells Fargo stockholders’ equity | 180,191 | 180,227 | |||||||||
| Noncontrolling interests | 1,761 | 1,986 | |||||||||
| Total equity | 181,952 | 182,213 | [4] | ||||||||
| Total liabilities and equity | $ 1,876,320 | $ 1,881,020 | |||||||||
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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.