Wells Fargo & Company (WFC)
(Delayed Data from NYSE)
$57.77 USD
+0.26 (0.45%)
Updated Mar 18, 2024 04:00 PM ET
After-Market: $57.77 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
A Value C Growth B Momentum A VGM
Company Summary
San Francisco-based Wells Fargo & Company is one of the largest financial services companies in the United States, with $1.93 trillion in assets as of Dec 31, 2023. The company provides banking, insurance, trust and investments, mortgage banking, investment banking, retail banking, brokerage services and consumer and commercial finance through 4,311 retail bank branches, broad automated telling machines (ATMs) network, the Internet and other distribution channels across North America and globally.
It provides services through four broad segments. Consumer Banking and Lending (41.5% of the total net income in 2023) offers products and services such as checking and savings accounts, ...
Company Summary
San Francisco-based Wells Fargo & Company is one of the largest financial services companies in the United States, with $1.93 trillion in assets as of Dec 31, 2023. The company provides banking, insurance, trust and investments, mortgage banking, investment banking, retail banking, brokerage services and consumer and commercial finance through 4,311 retail bank branches, broad automated telling machines (ATMs) network, the Internet and other distribution channels across North America and globally.
It provides services through four broad segments. Consumer Banking and Lending (41.5% of the total net income in 2023) offers products and services such as checking and savings accounts, credit and debit cards, as well as home, auto, personal and small business lending to consumers and small businesses with annual sales generally up to $10 million.
Commercial Banking (26.7%) provides banking and credit products across multiple industry sectors and municipalities, secured lending and lease products, and treasury management, to private, family-owned and certain public companies. Corporate and Investment Banking (33.6%) delivers services related to capital markets, banking and financial products to corporate, commercial real estate, government and institutional clients globally.
Wealth and Investment Management (10.3%) provides personalized wealth management, brokerage, financial planning, lending, private banking, trust and fiduciary products and services to affluent, high-net-worth and ultra-high-net-worth clients. All other business activities that are not included in the reportable operating segments have been included in a Corporate (net loss of 12.1%) category.
In September 2023, Wells Fargo sold its investment in Norwest Equity Partners and Norwest Mezzanine Partners to a buyer group, including AlpInvest Partners, Atalaya Capital Management, Lexington Partners and Pantheon.
In fourth-quarter 2021, Wells Fargo sold its Corporate Trust Services (CTS) business, and asset management unit — Wells Fargo Asset Management. In August 2021, the bank combined its Treasury Management and Global Payment Solutions businesses under the Global Treasury Management umbrella.
General Information
Wells Fargo & Company
420 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
Phone: 866-249-3302
Fax: 302-636-5454
Web: http://www.wellsfargo.com
Email: investorrelations@wellsfargo.com
Industry | Banks - Major Regional |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 12/31/2023 |
Earnings Date | 4/12/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.10 |
Current Year EPS Consensus Estimate | 4.72 |
Estimated Long-Term EPS Growth Rate | 10.20 |
Earnings Date | 4/12/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 57.51 |
52 Week High | 58.44 |
52 Week Low | 35.25 |
Beta | 1.19 |
20 Day Moving Average | 20,476,252.00 |
Target Price Consensus | 55.30 |
4 Week | 10.79 |
12 Week | 16.94 |
YTD | 16.84 |
4 Week | 8.37 |
12 Week | 8.65 |
YTD | 8.91 |
Shares Outstanding (millions) | 3,577.44 |
Market Capitalization (millions) | 205,738.78 |
Short Ratio | NA |
Last Split Date | 8/14/2006 |
Dividend Yield | 2.43% |
Annual Dividend | $1.40 |
Payout Ratio | 0.27 |
Change in Payout Ratio | -0.14 |
Last Dividend Payout / Amount | 2/1/2024 / $0.35 |
Fundamental Ratios
P/E (F1) | 12.17 |
Trailing 12 Months | 11.15 |
PEG Ratio | 1.19 |
vs. Previous Year | 92.54% |
vs. Previous Quarter | -7.19% |
vs. Previous Year | 27.17% |
vs. Previous Quarter | 2.35% |
Price/Book | 1.24 |
Price/Cash Flow | 7.83 |
Price / Sales | 1.78 |
12/31/23 | 12.40 |
9/30/23 | 11.17 |
6/30/23 | 11.15 |
12/31/23 | 1.07 |
9/30/23 | 0.96 |
6/30/23 | 0.96 |
12/31/23 | 0.88 |
9/30/23 | 0.87 |
6/30/23 | 0.84 |
12/31/23 | 0.88 |
9/30/23 | 0.87 |
6/30/23 | 0.83 |
12/31/23 | 17.66 |
9/30/23 | 16.74 |
6/30/23 | 17.89 |
12/31/23 | 16.60 |
9/30/23 | 17.06 |
6/30/23 | 16.18 |
12/31/23 | 18.76 |
9/30/23 | 19.41 |
6/30/23 | 18.88 |
12/31/23 | 46.26 |
9/30/23 | 44.86 |
6/30/23 | 44.42 |
12/31/23 | 3.07 |
9/30/23 | 2.16 |
6/30/23 | 1.21 |
12/31/23 | 1.24 |
9/30/23 | 1.17 |
6/30/23 | 1.05 |
12/31/23 | 52.55 |
9/30/23 | 51.03 |
6/30/23 | 48.40 |