| Market cap | $161.95B |
|---|---|
| Enterprise value | $202.55B |
| Revenue | $82.731B |
|---|---|
| EBITDA | $27.915B |
| Income | $17.582B |
| Revenue Q/Q | 0.65% |
| Revenue Y/Y | 7.55% |
| P/E | 12.17 |
|---|---|
| Forward P/E | 11.08 |
| EV/Sales | 2.45 |
| EV/EBITDA | 7.26 |
| EV/EBIT | 9.48 |
| PEG | 0.17 |
| Price/Sales | 1.96 |
| P/FCF | 7.78 |
| Price/Book | 0.87 |
| Book/Share | 67.68 |
| Cash/Share | N/A |
| FCF yield | 12.86% |
| Volume | 12.415M / 19.403M |
|---|---|
| Relative vol. | 0.64 × |
| EPS | 4.85 |
|---|---|
| EPS Q/Q | -27.35% |
| Est. EPS Q/Q | 0.00% |
| Profit margin | 23.18% |
|---|---|
| Oper. margin | 25.84% |
| Gross margin | 100.00% |
| EBIT margin | 25.84% |
| EBITDA margin | 33.74% |
| Ret. on assets | 0.98% |
|---|---|
| Ret. on equity | 10.32% |
| ROIC | 1.14% |
| ROCE | 1.09% |
| Debt/Equity | 9.40 |
|---|---|
| Net debt/EBITDA | 9.03 |
| Current ratio | 0.23 |
| Quick ratio | N/A |
| Volatility | 2.13% |
|---|---|
| Beta | 0.74 |
| RSI | 49.88 |
|---|
| Insider ownership | 0.10% |
|---|---|
| Inst. ownership | 73.59% |
| Shares outst. | 3.659B |
|---|---|
| Shares float | 0.000 0.00% |
| Short % of float | 0.77% |
| Short ratio | 1.78 |
| Dividend | $1.40 |
|---|---|
| Dividend yield | 2.35% |
| Payout ratio | 28.87% |
| Payment date | N/A |
| Ex-dividend date | N/A |
| Earnings date | 12 Jul 2024 |
Wednesday, 26 June 2024
|
|
| Yen Weakens Beyond Key 160 Level, Raising Risk of Intervention | |
Wednesday, 5 June 2024
|
|
| Ticket-Seller SeatGeek Adds Citigroup, Wells Fargo to IPO | |
Wednesday, 29 May 2024
|
|
| Wells Fargo CEO Charlie Scharf Touts the Bank’s Indie Advisor Channel | |
| Wells Fargo CEO says corporate business, trading held back by asset cap | |
Thursday, 9 May 2024
|
|
| 20 Largest Banks in the US by Customers | |
Monday, 6 May 2024
|
|
| Bank Bonus Rule Back in Play as Regulators Make Third Push | |
Saturday, 4 May 2024
|
|
| 14 Best Financial Sector Dividend Stocks To Invest In | |
Friday, 3 May 2024
|
|
| Decoding Wells Fargo & Co : A Strategic SWOT Insight | |
Wednesday, 1 May 2024
|
|
| Wells Fargo, RBC Bankers Met Texas AG Staff Regarding ESG Probe | |
Tuesday, 30 April 2024
|
|
| Wells Fargo & Company Announces Common Stock Dividend | |
| Wells Fargo investors approve executive pay, CEO underscores risk controls | |
Saturday, 27 April 2024
|
|
| 12 Most Profitable Dividend Stocks To Invest In | |
Friday, 19 April 2024
|
|
| Wells Fargo bond saleswoman sues over 'unapologetically sexist' workplace | |
Thursday, 18 April 2024
|
|
| Edward Jones Loses $2.3 Million Arbitration Against Wells Fargo | |
Wednesday, 17 April 2024
|
|
| Market Reaction To Bank Earnings Is Mixed, JPMorgan Analysts Project Further Decline In Net Interest Income | |
| Investors Hungry for Yield Snap Up 20-Year US Treasuries | |
Monday, 15 April 2024
|
|
| First Quarter Bank Earnings Brought The Revival That Wall Street Needed | |
Sunday, 14 April 2024
|
|
| Earnings from more banks, Netflix, and retail sales: What to know this week | |
Friday, 12 April 2024
|
|
| WRAPUP 1-US banks' profit picture less clear with cloudy rates trajectory | |
| Major Bank Stocks Decline as Investors Focus on Effect of Interest Rates | |
| Wells Fargo on a Potential Lifting of the Asset Cap: It's 'Up to the Regulators' | |
| JPMorgan reports 6% rise in 1Q profits as bank earnings season begins. Wells Fargo profit falls | |
| Wells Fargo profit shrinks on lower interest income | |
| These Stocks Are Moving the Most Today | |
| These Stocks Are Moving the Most Today: JPMorgan, Wells Fargo, Citigroup, Amazon, Apple, Rivian, and More | |
Thursday, 11 April 2024
|
|
| Bank Stocks Trade Tight With JPMorgan, Wells Fargo Set To Report | |
Wednesday, 10 April 2024
|
|
| With Earnings Coming On Wells Fargo Stock, We'll Look At A Cash-Secured Put | |
| As US bank profits drop, focus shifts to interest income outlook | |
Friday, 5 April 2024
|
|
| Top Stocks JPMorgan, Citigroup, Wells Fargo Set To Kick Off Q1 Earnings Season | |
Wednesday, 13 March 2024
|
|
| 15 Best Stocks Under $100 To Buy Now | |
| Insider |
Trans.
Transaction
|
Total value |
|---|---|---|
| Tracy M Kerrins SR. EXECUTIVE VICE PRESIDENT | Option 15 Mar 2024 | $342,472 |
| Ather Iii Williams Sr. Executive Vice President | Option 5 Mar 2024 | $5,319,777 |
| Derek A. Flowers Sr. EVP and Chief Risk Officer | Option 5 Mar 2024 | $2,493,683 |
| Charles W Scharf CEO and President | Option 5 Mar 2024 | $17,934,502 |
| Barry Sommers Sr. Executive Vice President | Option 5 Mar 2024 | $3,657,379 |
| Michael P. Santomassimo Sr. EVP and CFO | Option 5 Mar 2024 | $9,974,675 |
| Ellen R Patterson Sr. EVP and General Counsel | Option 5 Mar 2024 | $4,987,366 |
| Scott Powell SEVP and Chief Operating Officer | Option 5 Mar 2024 | $7,406,167 |
| William M Daley Vice Chairman - Public Affairs | Option 5 Mar 2024 | $3,568,630 |
| Jonathan G. Weiss Sr. Executive Vice President | Option 5 Mar 2024 | $7,079,868 |
| Beurden Saul Van Sr. Executive Vice President | Option 5 Mar 2024 | $3,989,904 |
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Robintrack.
Price target
Current $59.01
Average $30.07
Low $21
High $65
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +18.18% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 2.35% | Growth period | 2 years |
| Last dividend date | Yield 3 years | 2.55% | Growth 3 years | +2.14% | |
| Last dividend | Yield 5 years | 2.59% | Growth 5 years | -4.54% |
| Insider | Age | Since | Compensation |
|---|---|---|---|
| Charles Scharf (55) President, Chief Executive Officer, and Director since 2019 | 55 | 2019 | $34,286,600 |
| John Shrewsberry (54) Chief Financial Officer and Senior Executive Vice President since 2014 | 54 | 2014 | $12,436,500 |
| Mary Mack (57) Senior Executive Vice President, CEO of Consumer, Small Business Banking, and Interim CEO of Consumer Lending since 2020 | 57 | 2020 | $10,530,600 |
| Perry Pelos (56) Senior Executive Vice President and CEO of Commercial Banking since 2020 | 56 | 2020 | $10,450,600 |
| Saul Beurden (50) Senior Executive Vice President and Head of Technology since 2019 | 50 | 2019 | $10,369,900 |
| Charles W. Scharf (56) Pres, CEO, and Director | 56 | $6,850,000 | |
| Scott E. Powell (59) Sr. EVP and COO | 59 | $6,721,925 | |
| Jonathan Weiss (62) Senior Executive Vice President, CEO of Corporate, Investment Banking, Interim CEO of Wealth, and Investment Management since 2020 | 62 | 2020 | $6,447,930 |
| Michael P. Santomassimo (46) Sr. EVP and CFO | 46 | $3,506,377 | |
| Mary Tabb Mack (58) Sr. EVP, CEO of Consumer, and Small Bus. Banking | 58 | $3,439,350 | |
| Lester J. Owens (63) Sr. EVP and Head of Operations | 63 | $3,011,175 | |
| Maria Morris (57) Independent Director since 2018 | 57 | 2018 | $453,358 |
| Wayne Hewett (55) Independent Director since 2019 | 55 | 2019 | $423,841 |
| Ronald Sargent (64) Independent Director since 2017 | 64 | 2017 | $394,025 |
| Juan Pujadas (58) Independent Director since 2017 | 58 | 2017 | $381,090 |
| Donald James (71) Independent Director since 2009 | 71 | 2009 | $376,025 |
| Theodore Craver (68) Independent Director since 2018 | 68 | 2018 | $360,025 |
| Suzanne Vautrinot (60) Independent Director since 2015 | 60 | 2015 | $349,192 |
| Celeste Clark (66) Independent Director since 2018 | 66 | 2018 | $337,858 |
| Charles Noski (67) Independent Chairman of the Board since 2020 | 67 | 2020 | $232,786 |
| Richard Payne (72) Independent Director since 2019 | 72 | 2019 | $128,871 |
| Mark Chancy (55) Director since 2020 | 55 | 2020 | |
| Derek Flowers (48) Senior Vice President, Head of Strategic Execution, and Operations since 2019 | 48 | 2019 | |
| David Galloreese (40) Senior Executive Vice President since 2019 | 40 | 2019 | |
| Douglas Edwards (62) Executive Vice President and Acting General Counsel since 2020 | 62 | 2020 | |
| Ellen Patterson | 2020 | ||
| Amanda Norton (53) Senior Executive Vice President and Chief Risk Officer since 2018 | 53 | 2018 | |
| Muneera Carr (52) Executive Vice President and Chief Accounting Officer since 2020 | 52 | 2020 | |
| Scott Powell (57) Chief Operating Officer and Senior Executive Vice President since 2019 | 57 | 2019 | |
| William Daley (71) Vice Chairman of the Board - Public Affairs since 2019 | 71 | 2019 | |
| Paula Ann Dominick (61) Chief Compliance Officer | 61 | ||
| Ellen Reilly Patterson Esq., J.D. (47) Sr. EVP and Gen. Counsel | 47 | ||
| John M. Campbell | |||
| David Owen |
Wells Fargo & Company is an American multinational financial services company with a significant global presence. The company operates in 35 countries and serves over 70 million customers worldwide.
- Finance > Diversified Banks
- Wells Fargo & Co., 420 Montgomery Street, San Francisco 94104, United States
- 866 249 3302
- Investor relations
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +18.18% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 2.35% | Growth period | 2 years |
| Last dividend date | Yield 3 years | 2.55% | Growth 3 years | +2.14% | |
| Last dividend | Yield 5 years | 2.59% | Growth 5 years | -4.54% |
Quarterly EPS estimates
Profit margin
Debt to assets
Cash flow
Balance sheet
XSLX
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Current assets | |||||
| Cash | $269,647 | $237,219 | |||
| Short term investments | |||||
| Net receivables | |||||
| Inventory | |||||
| Total current assets | |||||
| Long term investments | |||||
| Property, plant & equipment | $9,426 | $9,266 | |||
| Goodwill & intangible assets | $25,173 | $25,175 | |||
| Total noncurrent assets | |||||
| Total investments | $1,574,324 | $1,581,993 | |||
| Total assets | $1,959,153 | $1,932,468 | |||
| Current liabilities | |||||
| Accounts payable | |||||
| Deferred revenue | |||||
| Short long term debt | |||||
| Total current liabilities | |||||
| Long term debt | |||||
| Total noncurrent liabilities | |||||
| Total debt | $296,778 | $297,147 | |||
| Total liabilities | $1,776,479 | $1,745,025 | |||
| Stockholders' equity | |||||
| Retained earnings | $203,870 | $201,136 | |||
| Other stockholder equity | -$12,546 | -$11,580 | |||
| Total stockholder equity | $180,943 | $185,735 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Current assets | ||||
| Cash | $237,219 | $159,157 | ||
| Short term investments | ||||
| Net receivables | ||||
| Inventory | ||||
| Total current assets | ||||
| Long term investments | ||||
| Property, plant & equipment | $9,266 | $8,350 | ||
| Goodwill & intangible assets | $25,175 | $25,173 | ||
| Total noncurrent assets | ||||
| Total investments | $1,581,993 | $1,612,502 | ||
| Total assets | $1,932,468 | $1,881,016 | ||
| Current liabilities | ||||
| Accounts payable | ||||
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | ||||
| Long term debt | ||||
| Total noncurrent liabilities | ||||
| Total debt | $297,147 | $226,015 | ||
| Total liabilities | $1,745,025 | $1,699,141 | ||
| Stockholders' equity | ||||
| Retained earnings | $201,136 | $187,649 | ||
| Other stockholder equity | -$11,580 | -$13,381 | ||
| Total stockholder equity | $185,735 | $179,889 | ||
Income statement
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Revenue | |||||
| Total revenue | $20,863 | $20,478 | |||
| Cost of revenue | |||||
| Gross profit | $20,863 | $20,478 | |||
| Operating activities | |||||
| Research & development | |||||
| Selling, general & administrative | $12,557 | $12,498 | |||
| Total operating expenses | $15,276 | $17,068 | |||
| Operating income | $5,587 | $3,410 | |||
| Income from continuing operations | |||||
| EBIT | $5,583 | $3,346 | |||
| Income tax expense | $964 | -$100 | |||
| Interest expense | |||||
| Net income | |||||
| Net income | $4,619 | $3,446 | |||
| Income (for common shares) | $4,313 | $3,160 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $82,597 | $73,785 | ||
| Cost of revenue | ||||
| Gross profit | $82,597 | $73,785 | ||
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $48,530 | $46,289 | ||
| Total operating expenses | $60,961 | $58,816 | ||
| Operating income | $21,636 | $14,969 | ||
| Income from continuing operations | ||||
| EBIT | $21,749 | $15,269 | ||
| Income tax expense | $2,607 | $2,087 | ||
| Interest expense | ||||
| Net income | ||||
| Net income | $19,142 | $13,182 | ||
| Income (for common shares) | $17,982 | $12,067 | ||
Cash flows
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Net income | $4,619 | $3,446 | |||
| Operating activities | |||||
| Depreciation | $1,819 | $1,494 | |||
| Business acquisitions & disposals | |||||
| Stock-based compensation | |||||
| Total cash flows from operations | -$12,125 | $18,202 | |||
| Investing activities | |||||
| Capital expenditures | |||||
| Investments | $20,747 | -$3,768 | |||
| Total cash flows from investing | $21,095 | -$4,231 | |||
| Financing activities | |||||
| Dividends paid | -$1,474 | -$1,610 | |||
| Sale and purchase of stock | -$6,001 | -$2,350 | |||
| Net borrowings | $7,442 | $5,218 | |||
| Total cash flows from financing | $23,574 | $5,365 | |||
| Effect of exchange rate | |||||
| Change in cash and equivalents | $32,544 | $19,336 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Net income | $19,142 | $13,182 | ||
| Operating activities | ||||
| Depreciation | $6,271 | $6,832 | ||
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | $40,358 | $27,048 | ||
| Investing activities | ||||
| Capital expenditures | ||||
| Investments | $15,652 | -$43,281 | ||
| Total cash flows from investing | $16,043 | -$42,476 | ||
| Financing activities | ||||
| Dividends paid | -$5,930 | -$5,293 | ||
| Sale and purchase of stock | -$11,851 | -$6,033 | ||
| Net borrowings | $64,599 | $50,714 | ||
| Total cash flows from financing | $20,494 | -$59,645 | ||
| Effect of exchange rate | ||||
| Change in cash and equivalents | $76,895 | -$75,073 | ||
Recent institutional transactions
| Quarter | Shareholder | Change |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|---|
| 2024 Q2 | Dnb Asset Management As |
+8.62%
|
584,564 | $34,717,256 |
| 2024 Q2 | Massmutual Trust Co Fsb/adv |
+16.58%
|
25,364 | $1,506,368 |
| 2024 Q2 | Appleton Partners Inc/ma |
-4.62%
|
9,557 | $568 |
| 2024 Q2 | Trust Co Of Toledo Na oh/ |
+1.11%
|
24,004 | $1,425,597 |
| 2024 Q2 | Woodstock Corp |
-4.16%
|
4,030 | $239,342 |
| 2024 Q1 | Davis Selected Advisers |
-19.93%
|
23,503,511 | $1,362,263,481 |
| 2024 Q1 | Amundi |
-42.10%
|
5,388,462 | $316,517,321 |
| 2024 Q1 | Diamond Hill Capital Management Inc |
-26.32%
|
6,785,816 | $393,305,895 |
| 2024 Q1 | Lsv Asset Management |
+31.85%
|
8,743,650 | $506,782 |
| 2024 Q1 | Dodge & Cox |
-1.77%
|
115,176,052 | $6,675,603,987 |
Institutional shareholders
| Shareholder | Stake |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|
| Dodge & Cox | 3.15% | 115,176,052 | |
| Ameriprise Financial Inc | 1.03% | 37,508,675 | |
| Davis Selected Advisers | 0.64% | 23,503,511 | |
| Tiaa Cref Investment Management | 0.54% | 19,757,448 | |
| Standard Life Investments Ltd | 0.45% | 16,352,284 | |
| Barrow Hanley Mewhinney & Strauss | 0.28% | 10,321,630 | |
| Parametric Portfolio Associates | 0.28% | 10,220,799 | |
| Lsv Asset Management | 0.24% | 8,743,650 | |
| Sumitomo Mitsui Trust | 0.23% | 8,504,568 | |
| Ing Investment Management Co | 0.23% | 8,403,468 |
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