Wells Fargo | WFC Stock Price, Company Overview & News (2024)

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

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

Day’s 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

Markets data provided by S&P and by Xignite

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.

Markets data provided by S&P and by Xignite

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.

Markets data provided by S&P and by Xignite

DATEOPENHIGHLOWCLOSEADJUSTED CLOSEVOLUME
Sep 26, 202454.0357.1153.3156.3956.3934,278,957
Sep 25, 202454.2854.3353.4153.6153.6110,555,705
Sep 24, 202455.1255.1953.7954.1654.1616,365,645
Sep 23, 202456.2656.5254.9055.1155.1114,759,257
Sep 20, 202455.3556.2954.8856.2956.2945,276,002
Sep 19, 202455.0156.0154.6555.8055.8021,399,027
Sep 18, 202454.4655.1954.1054.2654.2620,108,994
Sep 17, 202453.9755.0653.9754.5154.5115,885,201
Sep 16, 202452.8153.9352.8153.7953.791,806,619
Sep 13, 202451.8653.0351.7552.7852.7824,762,027
Sep 12, 202453.7354.3450.2251.5751.5742,605,419

Markets data provided by S&P and by Xignite

Related People & Companies

David Szmigielski

Employed by Company

View Profile

Flagstar Bank

Related by Industry: Banking and Financial Services

View Profile

Golden State Warriors

Located in San Francisco-Oakland-Fremont, CA Metropolitan Area

View Profile

More on Forbes

35 minutes ago

Rom-Com ‘Colin From Accounts’ Is About Why ‘Love Is Messy,’ Say Creators And Stars

Don't be confused — "Colin From Accounts" isn't a workplace comedy. It's about the messiness of falling in love.

ByAnne EastonContributor

36 minutes ago

Netflix’s Jewish Rom-Com ‘Nobody Wants This’ Was Inspired By A Real Love Story

Show creator Erin Foster talks about how falling in love with her husband inspired her to write the Netflix comedy, 'Nobody Wants This.'

ByDana FeldmanSenior Contributor

43 minutes ago

Daniel Ricciardo Departs F1: The End Of An Era

Daniel Ricciardo’s tenure with RB comes to a close as he is replaced by Liam Lawson for the remainder of the 2024 Formula 1 season.

ByKanzah MaktoumContributor

1 hour ago

UFC Paris Preview, Odds, Picks And Predictions: Moicano vs Saint Denis

Everything you need to know about the main event of the 2024 UFC Paris fight card: Renato Moicano vs. Benoit Saint Denis - betting lines, highlights, pick, prediction.

ByTrent ReinsmithContributor

1 hour ago

Is Manufacturing’s Talent Gap Finally Shrinking?

A 2021 study from Deloitte and The Manufacturing Institute predicts that by 2030 the industry will be short 2.1 million jobs. Earlier this year, researchers updated this to 1.9 million jobs.

ByEthan KarpContributor

1 hour ago

From Island Roots To The World: A Hawaiian B-Boy’s Journey

In 2016, B-boy Hijack returned to his hometown of Honolulu only to find that the breaking scene had dwindled. So along with a team of friends, he started a youth program.

ByJason PuContributor

1 hour ago

L'Oreal Heiress Francoise Meyers Becomes World’s Richest Woman After Surpassing Walmart Scion Alice Walton

Walton overtook Meyers as the world’s richest woman early this month, the first time she secured the title since May 2022.

ByAntonio Pequeño IVForbes Staff

1 hour ago

Alycia Baumgardner Vs. Delfine Persoon: Date, Time And How To Watch

Undisputed super featherweight champ Alycia Baumgardner will defend her titles against Delfine Persoon at the Trilith Studios in Atlanta. Here's how you can watch.

ByBrian MaziqueContributor

2 hours ago

From Fence Sitters To Kingmakers: Understanding Late-Deciding Voters

In an election that appears to be as close as this one, moving even a few undecided votes can make all the difference. What do we know about these late deciders?

ByKarlyn BowmanContributor

2 hours ago

‘The Last Of Us’ Season 2 Gets An Excellent, Haunting First Trailer But I’m Still Very Concerned

HBO's hit post-apocalypse series 'The Last Of Us' gets its very first trailer, and things look grim indeed.

ByErik KainSenior Contributor

2 hours ago

Election 2024 Swing State Polls: Trump, Harris Tied In 6 Of 7 Swing States

While Harris has a slight lead nationally, there's no clear leader in the seven swing states likely to decide the election.

BySara DornForbes Staff

2 hours ago

The Feisty, Competitive Cleveland Guardians Are Back In The Playoffs

They have overcome injuries, slumps, and opponents with higher payrolls.

ByJim IngrahamContributor

2 hours ago

Ryan Reynolds and Hugh Jackman’s box office blockbuster "Deadpool & Wolverine" is going for Oscar gold this awards season.

ByTim LammersContributor

2 hours ago

Foo Fighters Cancel Final 2024 Performance Following Dave Grohl’s Family Affair Statement

Foo Fighters have just announced that they will no longer be performing at Southside Music Festival in Bridgeport, Connecticut this weekend.

ByQuentin Thane SingerContributor

Sep 17, 2024

Meet America’s Best Employers For Tech Workers 2024

For the first time, Forbes has ranked the top companies that tech professionals say offer a great environment, competitive pay, development opportunities, and exciting work.

ByRachel Rabkin PeachmanForbes Staff

Sep 9, 2024

America’s Best Employers For Tech Workers 2024 Methodology

Forbes' upcoming inaugural list recognizes the top companies across the country that are attracting tech talent amidst the layoffs and upheaval in the tech industry.

ByRachel Rabkin PeachmanForbes Staff

Wells Fargo | WFC Stock Price, Company Overview & News (2024)

References

Top Articles
Latest Posts
Recommended Articles
Article information

Author: Manual Maggio

Last Updated:

Views: 5817

Rating: 4.9 / 5 (49 voted)

Reviews: 88% of readers found this page helpful

Author information

Name: Manual Maggio

Birthday: 1998-01-20

Address: 359 Kelvin Stream, Lake Eldonview, MT 33517-1242

Phone: +577037762465

Job: Product Hospitality Supervisor

Hobby: Gardening, Web surfing, Video gaming, Amateur radio, Flag Football, Reading, Table tennis

Introduction: My name is Manual Maggio, I am a thankful, tender, adventurous, delightful, fantastic, proud, graceful person who loves writing and wants to share my knowledge and understanding with you.