Invest in 5,000+ US Stocks and ETFs
* Offering through VF Securities, Inc. (member FINRA/SIPC)
Wells Fargo & Company, a financial services company, provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. The company 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, such as 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 to corporate, commercial real estate, government, and institutional clients. 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 in brokerage and wealth offices, consumer bank branches, independent offices, and digitally through WellsTrade and Intuitive Investor. The company was founded in 1852 and is headquartered in San Francisco, California. more
Time Frame | WFC | Sector | S&P500; |
---|---|---|---|
1-Week Return | - | - | - |
1-Month Return | 5.86% | -3.02% | -3.5% |
3-Month Return | 26.3% | 5.4% | 3.86% |
6-Month Return | 48.9% | 22.86% | 17.98% |
1-Year Return | 47.44% | 21.23% | 22.44% |
3-Year Return | 47.71% | 19.37% | 25.9% |
5-Year Return | 47.52% | 61.75% | 86.97% |
10-Year Return | 64.05% | 239.13% | 221.66% |
Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | 5YR TREND | |
---|---|---|---|---|---|---|
Total Revenue | 85.06B | 72.34B | 78.49B | 73.78B | 82.60B | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":85.04,"profit":true},{"date":"2021-12-31","value":92.28,"profit":true},{"date":"2022-12-31","value":86.74,"profit":true},{"date":"2023-12-31","value":97.1,"profit":true}] |
Cost of Revenue | - | - | - | - | - | [{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}] |
Gross Profit | 85.06B | 72.34B | 78.49B | 73.78B | 82.60B | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":85.04,"profit":true},{"date":"2021-12-31","value":92.28,"profit":true},{"date":"2022-12-31","value":86.74,"profit":true},{"date":"2023-12-31","value":97.1,"profit":true}] |
Gross Margin | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":100,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Operating Expenses | 58.26B | 57.67B | 53.79B | 57.28B | 55.56B | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":98.98,"profit":true},{"date":"2021-12-31","value":92.33,"profit":true},{"date":"2022-12-31","value":98.31,"profit":true},{"date":"2023-12-31","value":95.37,"profit":true}] |
Operating Income | 25.97B | 4.04B | 28.85B | 14.97B | 21.64B | [{"date":"2019-12-31","value":90,"profit":true},{"date":"2020-12-31","value":14.01,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":51.89,"profit":true},{"date":"2023-12-31","value":74.99,"profit":true}] |
Total Non-Operating Income/Expense | 71.43B | 38.30B | 35.74B | 44.95B | 74.67B | [{"date":"2019-12-31","value":95.66,"profit":true},{"date":"2020-12-31","value":51.29,"profit":true},{"date":"2021-12-31","value":47.87,"profit":true},{"date":"2022-12-31","value":60.19,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Pre-Tax Income | 25.97B | 2.50B | 28.82B | 14.97B | 21.64B | [{"date":"2019-12-31","value":90.11,"profit":true},{"date":"2020-12-31","value":8.69,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":51.95,"profit":true},{"date":"2023-12-31","value":75.08,"profit":true}] |
Income Taxes | 5.76B | 1.16B | 5.58B | 2.09B | 2.61B | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":20.08,"profit":true},{"date":"2021-12-31","value":96.82,"profit":true},{"date":"2022-12-31","value":36.23,"profit":true},{"date":"2023-12-31","value":45.25,"profit":true}] |
Income After Taxes | 20.21B | 1.35B | 23.24B | 12.88B | 19.03B | [{"date":"2019-12-31","value":86.95,"profit":true},{"date":"2020-12-31","value":5.8,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":55.44,"profit":true},{"date":"2023-12-31","value":81.89,"profit":true}] |
Income From Continuous Operations | 20.04B | 3.59B | 23.24B | 12.88B | 17.94B | [{"date":"2019-12-31","value":86.24,"profit":true},{"date":"2020-12-31","value":15.43,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":55.44,"profit":true},{"date":"2023-12-31","value":77.21,"profit":true}] |
Income From Discontinued Operations | - | - | - | - | - | [{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}] |
Net Income | 19.71B | 1.79B | 22.11B | 13.68B | 19.14B | [{"date":"2019-12-31","value":89.17,"profit":true},{"date":"2020-12-31","value":8.08,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":61.86,"profit":true},{"date":"2023-12-31","value":86.58,"profit":true}] |
EPS (Diluted) | 4.33 | 0.41 | 4.90 | 3.61 | 5.16 | [{"date":"2019-12-31","value":83.91,"profit":true},{"date":"2020-12-31","value":7.95,"profit":true},{"date":"2021-12-31","value":94.96,"profit":true},{"date":"2022-12-31","value":69.96,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
These ratios help you determine the liquidity of the company. Higher is better.
WFC | |
---|---|
Cash Ratio | -0.06 |
Current Ratio | 0.96 |
These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.
WFC | |
---|---|
ROA (LTM) | 0.98% |
ROE (LTM) | 10.26% |
These ratios help you understand the company's liabilities, gauging the riskiness of the investment.
WFC | |
---|---|
Debt Ratio Lower is generally better. Negative is bad. | 0.91 |
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. | 0.09 |
Debt/Equity The higher the number, the more leverage the business employs, the riskier the investment typically is. | 10.40 |
These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.
WFC | |
---|---|
Trailing PE | 12.24 |
Forward PE | 11.83 |
P/S (TTM) | 2.55 |
P/B | 1.22 |
Price/FCF | 11 |
EV/R | 0.00 |
EV/Ebitda | NM |
PEG | 0.22 |
By Jonathan Stempel (Reuters) – Wells Fargo was accused of sex discrimination in a lawsuit by a bond saleswoman who said the fourth-largest U.S. bank denied pay and promotions available…
Tech Wrecks As FedSpeak F**ks FOMO-Followers; Gold Hits New Record High Well, that escalated quickly… In a week characterized by data supporting ''no landing'' from a growth perspective and disappointment from a disinflation perspective ... Source: Bloomberg This was reinforced by FedSpeak that was without exception - hawkish! As they suddenly realized that all that ''pivot'' optimism did nothing but dramatically ease financial conditions and fuck their ''best laid plans'' for a rate-cut and soft landing... Source: Bloomberg Even the dove-est of the doves - Austan Goolsbee - bent the knee today: “So far in 2024, that progress on inflation has stalled,” Goolsbee said Friday in remarks prepared for an event in Chicago. “You never want to make too much of any one month’s data, especially inflation, which is a noisy series, but after three months of this, it can’t be dismissed.” “Right now, it makes sense to wait and get more clarity before moving,” Goolsbee said. And sure enough, rate-cut expectations for 2024 and 2025 have both plunged this week...
Big banks have long faced allegations of bias against women, with several high-profile cases coming in recent years.
NORTHAMPTON, MA / ACCESSWIRE / April 19, 2024 / Wells Fargo:The Coro New York Leadership Center announced a transformative $500,000 grant from the Wells Fargo Foundation in support of Coro''s Neighb…
Coro New York receives a $500,000 grant from the Wells Fargo Foundation to support the expansion of its Neighborhood Leadership program, aiming to develop diverse community leaders in New York City. The grant is the largest in Coro New York''s history for this initiative, allowing the program to increase capacity and collaboration among nonprofit leaders in underserved areas across all five boroughs.
First quarter earnings from the big banks are out, and the results, while mixed, were overall positive. The consensus view coming out of the Q1 prints is that the big U.S. banks are in good shape after two difficult years. The large investment banks are seeing their financial results improve as deals return to Wall Street. Initial public offerings (IPO), in particular, have rebounded after slowing to a trickle during the 2022 bear market. Revenue from trading activity also picked up during the first quarter with stock markets hovering at all-time highs. The large commercial lenders are also performing well as retail-banking units remain strong with consumers continuing to spend at a healthy pace, including on their credit cards. Additionally, all the big banks set aside less money in Q1 of this year to cover potentially bad loans, which gave their earnings a boost . With the economy showing resilience and talk of a recession having faded, the outlook for banks remains very positive. Here are the three best bank stocks to buy on Q1 earnings results.
Wells Fargo & Company (WFC) share price today is $60.35
Yes, Indians can buy shares of Wells Fargo & Company (WFC) on Vested. To buy Wells Fargo & Company from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in WFC stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.
Yes, you can purchase fractional shares of Wells Fargo & Company (WFC) via the Vested app. You can start investing in Wells Fargo & Company (WFC) with a minimum investment of $1.
You can invest in shares of Wells Fargo & Company (WFC) via Vested in three simple steps:
The 52-week high price of Wells Fargo & Company (WFC) is $59.13. The 52-week low price of Wells Fargo & Company (WFC) is $35.55.
The price-to-earnings (P/E) ratio of Wells Fargo & Company (WFC) is 12.49
The price-to-book (P/B) ratio of Wells Fargo & Company (WFC) is 1.22
The dividend yield of Wells Fargo & Company (WFC) is 2.38%
The market capitalization of Wells Fargo & Company (WFC) is $220.81B
The stock symbol (or ticker) of Wells Fargo & Company is WFC