From the Editor
Wells Fargo & Co. is a diversified, community-based financial services company. It is engaged in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance. It firm operates through the following segments: Community Banking, Wholesale Banking, Wealth & Investment Management, and Other. The Community Banking segment offers complete line of diversified financial products and services for consumers and small businesses including checking and savings accounts, credit and debit cards, and automobile, student, and small business lending. The Wholesale Banking segm... Read More
Wells Fargo & Co. is a diversified, community-based financial services company. It is engaged in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance. It firm operates through the following segments: Community Banking, Wholesale Banking, Wealth & Investment Management, and Other. The Community Banking segment offers complete line of diversified financial products and services for consumers and small businesses including checking and savings accounts, credit and debit cards, and automobile, student, and small business lending. The Wholesale Banking segment provides financial solutions to businesses across the United States and globally. The Wealth and Investment Management segment includes personalized wealth management, investment and retirement products and services to clients across U.S. based businesses. The Other segment refers to the products of WIM customers served through community banking distribution channels. The company was founded by Henry Wells and William G. Fargo on March 18, 1852 and is headquartered in San Francisco, CA. Read Less
Wells Fargo Company Stats
As of September 2024
- Industry
- Banking and Financial Services
- Founded
- 1852
- Headquarters
- San Francisco, California
- Country/Territory
- United States
- Chief Executive Officer
- Charlie Scharf
- Employees
- 22,000
Forbes Lists
#124
America's Best Employers for Tech Workers (2024)
Banking and Financial Services
America's Best Employers By State (2024)
Banking and Financial Services
#16
Global 2000 (2024)
#67 - SALES
#28 - PROFITS
#18 - ASSETS
#53 - MARKET VALUE
#11
Net Zero Leaders (2023)Dropped off in 2024
Banks
#100
America's Best Banks (2023)Dropped off in 2024
Banking
#72
Just Companies (2021)
Banks
#175
Best Employers for New Grads (2020)Dropped off in 2021
Banking and Financial Services
#60
World's Most Valuable Brands (2020)
Financial Services
#4
America's Top Public Companies (2017)Dropped off in 2018
Major Banks
Wells Fargo Financial Summary
Select list year
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
Revenue
$120.1B
Assets
$2T
Profits
$18.8B
Sources
FactSet, Bloomberg, S&P Cap IQ; Forbes.
Revenue
$108.9B
Assets
$1.9T
Profits
$14.5B
Sources
FactSet, Bloomberg, S&P Cap IQ; Forbes.
Revenue
$84.1B
Assets
$1.9T
Profits
$20.6B
Sources
FactSet, Bloomberg, S&P Cap IQ; Forbes.
Revenue
$85.9B
Assets
$2T
Profits
$7.4B
Sources
FactSet, Bloomberg, S&P Cap IQ; Forbes.
Revenue
$103.9B
Revenue
$101.1B
Revenue
$102.1B
Assets
$1.9T
Profits
$21.7B
Sources
FactSet, Bloomberg, S&P Cap IQ; Forbes.
Revenue
$94.2B
Revenue
$91.4B
Assets
$1.8T
Profits
$22.7B
Sources
FactSet, Bloomberg, S&P Cap IQ; Forbes.
Revenue
$88.4B
Revenue
$88.1B
Revenue
$91.2B
Revenue
$87.6B
Revenue
$93.2B
Assets
$1.3T
Profits
$12.4B
Sources
FactSet, Bloomberg, S&P Cap IQ; Forbes.
Wells Fargo (WFC) Stock Price Performance
Wells Fargo (WFC) Stock Key Data
SummaryAdditional DataAnalystsHistorical Quotes
Key Data
Previous Close
53.61
Open
54.03
Days Range
53.31 x 57.11
Volume
34,461,782
52 Week Range
38.38 x 62.55
Market Cap
$191.94B
P/E Ratio (ttm)
11.57
Forward P/E
11.24
Diluted EPS (ttm)
4.88
Dividends Per Share
1.40
Dividend Yield
2.98%
Ex-Dividend Date
Aug 9, 2024
Valuation Measures
P/E Ratio (ttm)
11.57
Forward P/E
11.24
Price to Sales (ttm)
2.57
Price to Book Value (ttm)
1.20
Price to Tangible Book Value (ttm)
1.43
Total Enterprise Value to EBIT (ttm)
N/A
Total Enterprise Value to EBITDA (ttm)
N/A
Total Enterprise Value to Total Revenue (ttm)
N/A
Profitability Metrics
Gross Margin (ttm)
N/A
Operating Margin (ttm)
N/A
Net Margin (ttm)
23.96%
Return on Assets (ttm)
0.98%
Return on Equity (ttm)
10.43%
Revenue and Earnings Metrics
Revenue (ttm)
$32.86B
Revenue Per Share (ttm)
21.92
Revenue Growth (y/o/y)
2.67%
EBITDA (ttm)
N/A
EBITDA Growth (y/o/y)
N/A
Diluted EPS (ttm)
4.88
Diluted EPS Growth (y/o/y)
19.39
Cash and Debt Metrics
Total Cash
$389.35B
Total Cash Per Share
91.67
Total Debt
$318.62B
Total Debt/Equity
N/A
Current Ratio
N/A
All values as of most recently reported quarter unless otherwise noted.
Consensus Recommendation
Outperform
Consensus Price
63.25
Range of Price Targets
57.00 to 70.00
Range of EPS
4.60 to 5.54
Consensus EPS
5.01
Consensus Revenue
$81.76B
Range of Revenue
$80.8B to $82.91B
- Consensus Price Target is the stock price analysts expect to see within a period of 0-18 months.
- EPS and Revenue estimates are for the next 12 months.
DATE | OPEN | HIGH | LOW | CLOSE | ADJUSTED CLOSE | VOLUME |
Sep 26, 2024 | 54.03 | 57.11 | 53.31 | 56.39 | 56.39 | 34,278,957 |
Sep 25, 2024 | 54.28 | 54.33 | 53.41 | 53.61 | 53.61 | 10,555,705 |
Sep 24, 2024 | 55.12 | 55.19 | 53.79 | 54.16 | 54.16 | 16,365,645 |
Sep 23, 2024 | 56.26 | 56.52 | 54.90 | 55.11 | 55.11 | 14,759,257 |
Sep 20, 2024 | 55.35 | 56.29 | 54.88 | 56.29 | 56.29 | 45,276,002 |
Sep 19, 2024 | 55.01 | 56.01 | 54.65 | 55.80 | 55.80 | 21,399,027 |
Sep 18, 2024 | 54.46 | 55.19 | 54.10 | 54.26 | 54.26 | 20,108,994 |
Sep 17, 2024 | 53.97 | 55.06 | 53.97 | 54.51 | 54.51 | 15,885,201 |
Sep 16, 2024 | 52.81 | 53.93 | 52.81 | 53.79 | 53.79 | 1,806,619 |
Sep 13, 2024 | 51.86 | 53.03 | 51.75 | 52.78 | 52.78 | 24,762,027 |
Sep 12, 2024 | 53.73 | 54.34 | 50.22 | 51.57 | 51.57 | 42,605,419 |
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