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WFC

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

60.37USD+1.63 (+2.77%)Market Closed

Market Summary

WFC
USD60.37+1.63
Market Closed
2.77%

WFC Stock Price

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WFC RSI Chart

WFC Valuation

Market Cap

216.0B

Price/Earnings (Trailing)

11.28

Price/Sales (Trailing)

2.52

EV/EBITDA

2.34

Price/Free Cashflow

5.35

WFC Price/Sales (Trailing)

WFC Profitability

EBT Margin

25.26%

Return on Equity

10.31%

Return on Assets

0.99%

Free Cashflow Yield

18.69%

WFC Fundamentals

WFC Revenue

Revenue (TTM)

85.7B

Rev. Growth (Yr)

97.75%

Rev. Growth (Qtr)

0.94%

WFC Earnings

Earnings (TTM)

19.1B

Earnings Growth (Yr)

9.22%

Earnings Growth (Qtr)

-40.25%

Breaking Down WFC Revenue

Last 7 days

6.9%

Last 30 days

5.4%

Last 90 days

25.5%

Trailing 12 Months

44.9%

How does WFC drawdown profile look like?

WFC Financial Health

Debt/Equity

1.12

Debt/Cashflow

0.19

WFC Investor Care

Dividend Yield

2.96%

Dividend/Share (TTM)

1.56

Buy Backs (1Y)

5.70%

Diluted EPS (TTM)

4.83

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
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
Mar 05, 2024
patterson ellen r
acquired
-
-
88,116
sr. evp and general counsel

1–10 of 50

Which funds bought or sold WFC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 18, 2024
CHAPIN DAVIS, INC.
reduced
-4.83
32,203
299,074
0.11%
Apr 18, 2024
Tributary Capital Management, LLC
added
19.49
195,339
675,234
0.06%
Apr 18, 2024
Integrated Investment Consultants, LLC
sold off
-100
-307,527
-
-%
Apr 18, 2024
Bridgewealth Advisory Group, LLC
added
0.02
47,197
312,583
0.15%
Apr 18, 2024
Allspring Global Investments Holdings, LLC
added
28.94
9,368,020
27,440,800
0.04%
Apr 18, 2024
SteelPeak Wealth, LLC
reduced
-79.34
-3,174,380
1,020,930
0.05%
Apr 18, 2024
FARMERS & MERCHANTS TRUST Co OF LONG BEACH
reduced
-3.92
148,783
1,281,090
0.32%
Apr 18, 2024
Piscataqua Savings Bank
reduced
-3.23
51,414
420,284
0.37%
Apr 18, 2024
Echo45 Advisors LLC
new
-
204,135
204,135
0.15%
Apr 18, 2024
Miracle Mile Advisors, LLC
added
1.16
190,335
1,185,510
0.03%

1–10 of 50

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
Apr 17, 2024
PX14A6G
PX14A6G
Apr 17, 2024
424B2
Prospectus Filed
Apr 16, 2024
FWP
Prospectus Filed
Apr 16, 2024
424B2
Prospectus Filed
Apr 16, 2024
424B2
Prospectus Filed
Apr 16, 2024
424B2
Prospectus Filed
Apr 16, 2024
424B2
Prospectus Filed
Apr 16, 2024
424B2
Prospectus Filed
Apr 16, 2024
3
Insider Trading
Apr 15, 2024
424B2
Prospectus Filed

Peers (Alternatives to Wells Fargo & Co)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
535.2B
171.1B
-5.35% 31.97%
10.8
3.13
60.72% 31.52%
291.1B
130.3B
0.60% 23.65%
10.98
2.23
79.51% -3.68%
216.0B
85.7B
5.36% 44.88%
11.28
2.52
41.49% 39.96%
113.1B
133.3B
-1.61% 19.76%
12.25
0.85
79.09% -
15.6B
10.2B
-2.44% 16.96%
9.7
1.53
44.53% -22.43%
13.7B
7.9B
-2.66% 21.59%
14.14
1.72
46.47% -49.56%
MID-CAP
6.8B
4.2B
-0.35% 12.62%
7.76
1.64
56.25% -23.46%
5.9B
3.9B
-3.44% 28.21%
8.69
1.5
45.91% -25.03%
3.2B
1.3B
-2.65% 33.98%
11.88
2.5
43.24% -22.35%
3.1B
2.0B
-1.20% 13.72%
16.97
1.59
70.97% -50.03%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
409.6M
164.9M
-5.29% 32.50%
35.02
2.48
42.66% -70.76%
376.6M
162.6M
-6.69% -0.22%
12.52
2.32
25.39% -38.37%
271.4M
96.6M
-11.56% -1.79%
8.56
2.81
11.02% -11.37%
46.3M
60.9M
2.66% -13.74%
-13.84
0.76
24.06% -144.92%

Wells Fargo & Co News

Latest updates
MarketBeat4 hours ago

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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue0.9%22,30122,09320,53320,72911,27814,49417,04017,72818,28118,83420,27018,53218,71719,31618,28617,71736,34416,49916,98617,00338,682
EBITDA Margin-13.1%0.94*1.08*0.89*0.86*0.83*0.98*0.92*0.92*0.92*0.90*0.86*0.71*---------
Interest Expenses-2.5%12,77113,10513,16313,33613,43312,09810,1989,2219,2628,9098,8008,8089,3649,3799,89211,31211,27211,62512,09512,31112,644
Income Taxes-112.3%-100811930966-29.009126227461,8971,5211,445901671-83.00-2,0011592,2821,3041,294881966
Earnings Before Taxes-47.9%3,4106,5475,8335,8462,8914,4763,5984,6648,8576,9268,1895,5914,0943,318-5,7996645,3716,1167,6326,8487,120
EBT Margin-10.7%0.25*0.28*0.21*0.19*0.19*0.30*0.31*0.36*0.37*0.32*0.28*0.10*---------
Net Income-40.2%3,4465,7674,9384,9913,1553,5923,1423,7886,3115,1226,0404,6363,2233,216-3,8466533,0394,6106,2065,8606,064
Net Income Margin-11.5%0.22*0.25*0.19*0.17*0.16*0.23*0.24*0.27*0.27*0.25*0.22*0.10*---------
Free Cashflow17.4%18,20215,505-7557,4067,24512,0167,5881994,817-4,810-8,062-3,470---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets1.2%1,932,4681,909,2611,876,3201,886,4001,881,0201,877,7191,881,1411,939,7091,948,0681,954,9011,945,9961,957,2641,952,9111,920,3991,967,0481,981,3491,927,5551,943,9501,923,3881,887,7921,895,883
    Cash Equivalents8.9%236,052216,716154,418156,431159,157165,455155,140201,895234,230266,687274,173286,733264,612246,770262,503150,809141,250148,731164,427148,968173,287
  Net PPE--------------8,9779,0259,1089,3099,3159,4358,8258,920
  Goodwill0.0%25,17525,17425,17525,17325,17325,17225,17825,18125,18026,19126,19426,29026,39226,38726,38526,38126,39026,38826,41526,42026,418
Liabilities1.1%1,745,0251,726,8881,694,3681,703,1801,698,8071,699,3361,701,3491,758,0201,757,9581,763,8301,752,8691,771,1951,767,1991,740,1881,788,6441,798,0191,739,5711,749,5341,723,3511,689,0591,698,817
  Short Term Borrowings-4.0%89,55993,33084,25581,00751,14548,38237,07533,60134,40941,98045,63558,92058,99955,22460,48592,289104,512123,908115,344106,597105,787
  Long Term Debt9.2%207,588190,035170,632173,466174,870156,412150,291153,337160,689162,982179,656183,312212,950215,711230,921237,342228,191230,651241,476236,339229,044
Shareholder's Equity2.8%185,735180,715181,952183,220180,227178,478179,798181,597189,889191,071193,127188,034184,994181,727178,635183,310187,702194,416200,037198,733197,066
  Retained Earnings0.9%201,136199,287195,164191,688187,968186,551184,475182,623180,322175,709171,765166,772161,945160,913159,952165,308166,697166,320164,551160,776158,163
  Additional Paid-In Capital0.3%60,55560,36560,17359,94660,31960,21660,02459,89960,19660,13460,01859,85460,19760,03559,92359,84961,04960,86660,62560,40960,685
Shares Outstanding-0.6%3,6883,7113,7003,7863,8053,8073,7943,8314,0624,0564,1334,141---------
Minority Interest3.0%1,7081,6581,7612,0521,9862,2202,2612,4462,5042,0431,8651,1301,0328597366128381,112995901900
Float---156,300---148,300---185,700---105,200---208,700--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations17.4%18,20215,505-7557,4067,24512,0167,5881994,817-4,810-8,062-3,470-22,765-8,57616,11917,27312,423-12,975-6697,95115,034
Cashflow From Investing-155.5%-4,2317,62820,601-7,955-15,926919-4,508-22,961-31,402-7,02115,27615,52820,51242,658103,687-44,303-2,526-7,381-10,698-9,026-18,245
Cashflow From Financing-86.3%5,36539,165-21,859-2,1772,383-2,620-49,835-9,573-5,8724,345-19,77410,06320,095-49,815-8,11236,589-17,3784,66026,826-23,24416,975
  Dividend Payments-0.8%1,2651,2751,1121,1371,1381,1369469588198084123833983992,0232,0322,0802,1641,9571,9971,962
  Buy Backs55.6%2,3241,4944,0434,0166.005.004.006,0187,0125,2911,5655963.003.002.003,4077,3677,4484,8984,8207,299

WFC Income Statement

2023-12-31
Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest income   
Debt securities$ 16,108$ 11,781$ 9,253
Loans held for sale363513865
Loans57,15537,71528,634
Equity securities682707608
Other interest income10,8103,308334
Total interest income85,11854,02439,694
Interest expense   
Deposits16,5032,349388
Short-term borrowings3,848582(41)
Long-term debt11,5725,5053,173
Other interest expense820638395
Total interest expense32,7439,0743,915
Net interest income52,37544,95035,779
Noninterest income   
Deposit and lending-related fees6,1406,7136,920
Card fees4,2564,3554,175
Mortgage banking8291,3834,956
Net gains (losses) from trading and securities4,3681,4617,264
Other1,9352,821[1]4,408[1]
Total noninterest income30,22229,41843,387
Total revenue82,59774,36879,166
Provision for credit losses5,3991,534(4,155)
Noninterest expense   
Personnel35,82934,34035,541
Technology, telecommunications and equipment3,9203,3753,227
Occupancy2,8842,8812,968
Operating losses1,1836,9841,568
Professional and outside services5,0855,1885,723
Advertising and promotion812505600
Other5,8493,932[1]4,131[1]
Total noninterest expense55,56257,20553,758
Income (loss) before income tax expense21,63615,62929,563
Income tax expense (benefit)2,6072,251[1]5,764[1]
Net income (loss) before noncontrolling interests19,02913,378[2],[3]23,799[2],[3]
Net income (loss) from noncontrolling interests(113)(299)1,690
Wells Fargo net income (loss)19,14213,677[1]22,109[1]
Preferred stock dividends and other1,1601,1151,291
Wells Fargo net income (loss) applicable to common stock$ 17,982$ 12,562$ 20,818
Per share information   
Earnings per common share (in dollars per share)$ 4.88$ 3.30$ 5.13
Diluted earnings per common share (in dollars per share)$ 4.83$ 3.27$ 5.08
Average common shares outstanding (in shares)3,688.33,805.24,061.9
Diluted average common shares outstanding (in shares)3,720.43,837.04,096.2
Investment advisory and other asset-based fees [Member]   
Noninterest income   
Fee income$ 8,670$ 9,004$ 11,011
Commissions and brokerage services fees [Member]   
Noninterest income   
Fee income2,3752,2422,299
Investment banking fees [Member]   
Noninterest income   
Fee income$ 1,649$ 1,439$ 2,354
[1]In first quarter 2023, we adopted ASU 2018-12 – Financial Services – Insurance (Topic 944): Targeted Improvements to the Accounting for Long-Duration Contracts. For additional information, see Note 1 (Summary of Significant Accounting Policies).
[2]In first quarter 2023, we adopted ASU 2018-12 – Financial Services – Insurance (Topic 944): Targeted Improvements to the Accounting for Long-Duration Contracts. For additional information, see Note 1 (Summary of Significant Accounting Policies).
[3]In first quarter 2023, we adopted ASU 2018-12 – Financial Services – Insurance (Topic 944): Targeted Improvements to the Accounting for Long-Duration Contracts. For additional information, see Note 1 (Summary of Significant Accounting Policies).

WFC Balance Sheet

2023-12-31
Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets  
Cash and due from banks$ 33,026$ 34,596
Interest-earning deposits with banks204,193124,561
Federal funds sold and securities purchased under resale agreements80,45668,036
Trading, at fair value97,30286,155
Available-for-sale, at fair value130,448113,594
Held-to-maturity, at amortized cost262,708297,059
Loans held for sale4,9367,104
Total loans936,682955,871
Allowance for loan losses(14,606)(12,985)
Net loans922,076942,886
Mortgage servicing rights8,50810,480
Premises and equipment, net9,2668,350
Goodwill25,17525,173
Derivative assets18,22322,774
Equity securities57,33664,414
Other assets78,81575,838[1]
Total assets[2]1,932,4681,881,020
Liabilities  
Noninterest-bearing deposits360,279458,010
Interest-bearing deposits997,894925,975
Total deposits1,358,1731,383,985
Short-term borrowings89,55951,145
Derivative liabilities18,49520,067[1]
Accrued expenses and other liabilities71,21068,740
Long-term debt207,588174,870
Total liabilities[3]1,745,0251,698,807
Wells Fargo stockholders’ equity:  
Preferred stock19,44819,448
Common stock9,1369,136
Additional paid-in capital60,55560,319
Retained earnings201,136187,968[1]
Accumulated other comprehensive income (loss)(11,580)(13,362)[1]
Treasury stock, at cost(92,960)(82,853)
Unearned ESOP shares0(429)
Total Wells Fargo stockholders’ equity185,735180,227
Noncontrolling interests1,7081,986
Total equity187,443182,213
Total liabilities and equity$ 1,932,468$ 1,881,020
[1]In first quarter 2023, we adopted ASU 2018-12 – Financial Services – Insurance (Topic 944): Targeted Improvements to the Accounting for Long-Duration Contracts. For additional information, see Note 1 (Summary of Significant Accounting Policies).
[2]Our consolidated assets at December 31, 2023 and 2022, include the following assets of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs: Debt securities, $0 million and $71 million; Loans, $4.9 billion and $4.8 billion; All other assets, $435 million and $191 million; and Total assets, $5.3 billion and $5.1 billion, respectively.
[3]Our consolidated liabilities at December 31, 2023 and 2022, include $115 million and $201 million, respectively, of VIE liabilities for which the VIE creditors do not have recourse to Wells Fargo
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 Fri Apr 19 2024, market cap of Wells Fargo & Co is 215.97 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 Fri Apr 19 2024, WFC's PE ratio (Price to Earnings) is 11.28 and Price to Sales (PS) ratio is 2.52. 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 0.047 (multiply by 100 for percentage) rate of return.