Wells Fargo & Company (WFC)
| Market Cap | 255.02B |
| Revenue (ttm) | 77.96B |
| Net Income (ttm) | 18.61B |
| Shares Out | 3.29B |
| EPS (ttm) | 5.37 |
| PE Ratio | 14.44 |
| Forward PE | 13.36 |
| Dividend | $1.60 (2.06%) |
| Ex-Dividend Date | Nov 8, 2024 |
| Volume | 10,233,298 |
| Open | 77.57 |
| Previous Close | 77.85 |
| Day's Range | 76.87 - 77.81 |
| 52-Week Range | 47.45 - 78.29 |
| Beta | 1.18 |
| Analysts | Buy |
| Price Target | 72.52 (-6.47%) |
| Earnings Date | Jan 15, 2025 |
About WFC
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 checkin... [Read more]
Financial Performance
In 2024, Wells Fargo & Company's revenue was $77.96 billion, an increase of 0.99% compared to the previous year's $77.20 billion. Earnings were $18.61 billion, an increase of 3.47%.
Financial StatementsAnalyst Forecast
According to 21 analysts, the average rating for WFC stock is "Buy." The 12-month stock price forecast is $72.52, which is a decrease of -6.47% from the latest price.
News
Banks Kick Q4 Earnings Season Off With A Bang As CEO Sentiment Improves
Banks such as JPMorgan, Citi, and Goldman Sachs started the earnings season off on a positive note when all beat expectations on the top and bottom lines. The pre-peak Late Earnings Report Index fell ...
Wells Fargo hires JPMorgan executive as head of cards and merchant services
U.S. bank Wells Fargo named JPMorgan Chase executive Ed Olebe as its new head of cards and merchant services on Tuesday, effective immediately.
Wells Fargo Names Ed Olebe as Head of Cards and Merchant Services
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) announced today that Ed Olebe has been named the company's new head of Cards and Merchant Services, effective immediately. Olebe joins...
Wells Fargo: Likely Fairly Valued (Rating Upgrade)
Wells Fargo exceeded Q4 earnings expectations, driven by strong investment banking performance and a 1.2% Q/Q increase in net interest income. Despite an improved net interest income outlook for FY 20...
Bank profit growth is just beginning: CFRA analyst
The financials sector is showcasing a strong earnings performance this season, as major banks Bank of America (BAC), Morgan Stanley (MS), Citigroup (C), JPMorgan Chase & Co. (JPM), Goldman Sachs (GS),...
Jim Cramer breaks down Big Banks earnings
'Mad Money' host Jim Cramer looks at the recent slate of bank earnings.
Wells Fargo and Merrill Lynch Settle SEC Charges Involving Cash Sweeps
Two Wells Fargo advisory firms and Merrill Lynch have agreed to settle Securities and Exchange Commission (SEC) charges that they violated Advisers Act rules relating to their cash sweeps programs.
Wells Fargo Q4 Earnings: Generally Strong But Signs Of Weakening
Wells Fargo & Company's Q4 2024 earnings showed significant net income growth, reversing a downward trend from earlier quarters. The bank's guidance for higher net interest income in 2025 indicates co...
Wells Fargo Stock: Good Times Ahead
Wells Fargo's stock (NYSE: WFC) posted a better-than-expected set of Q4 2024 results with its stock rising by about 5% in Wednesday's trading. Net income rose about 47% compared to last year to $5.1 b...
Wells Fargo's Q4 Results Impress, Analysts Weigh In On Growth, Expense Outlook
Wells Fargo & Co's WFC fourth-quarter results sent banking stocks surging on Wednesday.
'Fast Money' traders talk bank stocks surging on earnings
The 'Fast Money' traders talk today's market rally, bank earnings, and more.
Big US Banks See Profits Surge
Big US banks had a great quarter. The four giant lenders that reported full-year results Wednesday notched their second-most profitable year ever in 2024, trailing only Joe Biden's first year as presi...
No More Risky Business as Wells Fargo Banks on Compliance
It's been a banner earnings season for U.S. banks. Wells Fargo's fourth-quarter 2024 financial results were no different, with the lender posting strong guidance and better earnings than were expected...
Wells Fargo Sees Strength in US Consumer, CFO Says
Wells Fargo Chief Financial Officer Mike Santomassimo speaks about what is driving the company's growth and loan demand. He says the US consumer in strong and they'll be hiring client-facing roles.
Earnings show banks moving from 'challenged' to 'better,' says UBS' Erika Najarian
Erika Najarian, research analyst at UBS, joins CNBC's 'The Exchange' to discuss bank earnings, expectations for the industry in the coming months, and more.
Wells Fargo & Company (WFC) Q4 2024 Earnings Call Transcript
Wells Fargo & Company (NYSE:WFC) Q4 2024 Results Conference Call January 15, 2024 10:00 AM ET Company Participants John Campbell - Director of IR Charlie Scharf - CEO Mike Santomassimo - CFO Conferen...
The Only Bank Worth Trading This Week
By the time you're reading this, we'll have a slew of bank earnings out, and the fortunes (or misfortunes) for these stocks will manifest. I've looked at all the major bank earnings coming up from JPM...
Wells Fargo CFO on Q4: Great quarter caps off a really good year
Mike Santomassimo, Wells Fargo CFO, joins 'Money Movers' to discuss the company's quarterly earnings results.
Banks are well setup for 2025, says RBC's Gerard Cassidy
Gerard Cassidy, RBC Capital Markets analyst, joins 'Squawk on the Street' to discuss the latest bank earnings results.
Why Wells Fargo's Revenue Miss Isn't Worrying Wall Street
Wells Fargo is one of the best S&P 500 stocks Wednesday even after the big bank's top-line miss. Here's what you need to know.