Wells Fargo & Company (WFC)
| Market Cap | 206.03B |
| Revenue (ttm) | 77.25B |
| Net Income (ttm) | 18.91B |
| Shares Out | 3.27B |
| EPS (ttm) | 5.57 |
| PE Ratio | 11.33 |
| Forward PE | 10.77 |
| Dividend | $1.60 (2.54%) |
| Ex-Dividend Date | Feb 7, 2025 |
| Volume | 27,975,457 |
| Open | 63.09 |
| Previous Close | 62.51 |
| Day's Range | 62.40 - 64.01 |
| 52-Week Range | 50.15 - 81.50 |
| Beta | 1.01 |
| Analysts | Buy |
| Price Target | 74.71 (+18.4%) |
| Earnings Date | Apr 11, 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. It 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 sav... [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 20 analysts, the average rating for WFC stock is "Buy." The 12-month stock price forecast is $74.71, which is an increase of 18.40% from the latest price.
News
Wells Fargo Expands Technology Banking Team Amid Tech Sector Growth
Wells Fargo said it is making the largest investment in talent that it has made in the 25-year history of its Technology Banking organization.
Wells Fargo Technology Banking Grows Team by 20%, Doubles Down on Positive Outlook for Tech Sector
SAN FRANCISCO--(BUSINESS WIRE)--Driven by continuous growth in the U.S. tech sector, including an increase in IT spending, AI investments, and a renewed focus on innovation,1 Wells Fargo Technology Ba...
Regional bank reporting will be better reflection of economic uncertainty: RBC's Gerard Cassidy
Gerard Cassidy, RBC Capital Markets Managing Director, joins 'Closing Bell Overtime' to talk quarterly banking results.
Wells Fargo Seeks Greater Fee-Based Traction While Economic Ambiguity Reigns
Economic uncertainty is casting a long shadow over the year ahead. Bank leaders are framing 2025 as a year of “wait and see” marked by resilience, optionality and gradual acceleration.
Risk Is Rising, But the Consumer Is Strong, Says Wells Fargo CFO
Wells Fargo CFO Mike Santomassimo says risk is rising because of President Donald Trump's tariffs and the uncertainty around his policies. But Santomassimo says consumers are still spending.
The Big Banks look good and are well positioned to move forward, says Commerce Street CEO Dory Wiley
Dory Wiley, Commerce Street Capital CEO, joins 'Power Lunch' to discuss bank earnings and why he's bullish on the sector.
Wells Fargo & Company (WFC) Q1 2025 Earnings Call Transcript
Wells Fargo & Company (NYSE:WFC) Q1 2025 Earnings Conference Call April 11, 2025 10:00 AM ET Company Participants John Campbell - Director, Investor Relations Charlie Scharf - Chief Executive Officer...
Wells Fargo CFO: Consumers are coming into uncertain environment in good shape
Michael Santomassimo, Wells Fargo CFO, joins CNBC's 'Money Movers' to discuss Q1 earnings.
Here's What Big Bank CEOs Are Saying About Tariffs and the Economy
Executives from across the banking industry spoke on Friday about the uncertainty surrounding the Trump administration's tariffs, the stock market, and the possibility of a recession.
Takeaways from Big Bank Earnings
Get more equity coverage like this on the Stock Movers podcast from Bloomberg, featuring five-minute episodes on the winners and losers in the stock market.
Mixed action from bank stocks despite beats on bottom line
CNBC's Leslie Picker breaks down the latest news on bank earnings.
Stock Of The Day: Is The Stage Set For A Wells Fargo Rally?
Wells Fargo & Co WFC shares are trading lower on Friday. This is despite the company reporting earnings higher than estimated, coming in at $1.39, which was five cents ahead of estimates.
US bank profits rise, but executives raise more tariff warnings
Profits at major U.S. banks beat forecasts in the first quarter as stock trading jumped, but executives warned on Friday that sweeping tariffs could fuel risks and weigh on economic growth.
Wells Fargo Reports Better-than-Expected Q1 Earnings
Wells Fargo (WFC) reported better-than-expected quarterly earnings, though CEO Charlie Scharf said the bank is bracing for a slower economy this year amid worries President Donald Trump's tariffs coul...
Wells Fargo shares climb on higher earnings, CEO calls for 'timely' trade resolution
Net interest income, a key measure of what a bank makes on loans, fell 6% year over year to $11.50 billion,
Wells Fargo earnings: Revenues, net interest income fall annually in Q1
CNBC's Leslie Picker reports on news regarding Wells Fargo's quarterly earnings results.
Wells Fargo Quarterly Profit Rises
Wells Fargo booked a bigger profit in the first quarter, which ended just before President Trump's tariffs set off market turmoil.
Wells Fargo revenue falls below views, as consumer and commercial banking weakens
Shares of Wells Fargo & Co. WFC edged up 0.9% in premarket trading Friday, after the bank topped first-quarter profit expectations, to offset revenue that disappointed due to weakness in consumer and ...
Wells Fargo Reports First Quarter 2025 Financial Results
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) has released its first quarter 2025 financial results. The financial results are available online at https://www.wellsfargo.com/about/...
Wells Fargo profit rises on wealth management strength
Wells Fargo's profit rose 6% in the first quarter, driven by robust performance in its wealth management business.
If tariffs remain in place banks' profitability will be hit: Analyst
The financial sector (^SP500-40) is set to kick off first quarter earnings in earnest. Morningstar senior equity analyst Suryansh Sharma joins Wealth with Brad Smith to share what he's watching for as...
What to Expect From the Big Bank Earnings
Wall Street's biggest banks begin reporting earnings on Friday as markets deal with extreme volatility and uncertainty brought on by President Donald Trump's tariff war. David George, Baird senior ban...
JPM & Bank Earnings: What Will Jamie Dimon Say on Economy?
JPMorgan Chase (JPM) will lead big bank earnings alongside Wells Fargo (WFC) and Morgan Stanley (MS). Caroline Woods notes CEO Jamie Dimon has given commentary recently suggesting downside in economic...
Wells Fargo Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Wells Fargo & Company WFC will release its first-quarter financial results before the opening bell on Friday, April 11.
I'm Cautious On Wells Fargo Heading Into Q1 Earnings
I expect strong Q1 earnings from Wells Fargo, but I'm less upbeat for the remainder of the year. Investment banking activity is likely to slow down significantly in 2025, and credit risk could mount a...