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Wells Fargo & Company (WFC)

Stock Price: $24.69 USD 0.65 (2.68%)
Updated Jul 10, 2020 10:42 AM EDT - Market open

Stock Price Chart

Key Info

Market Cap 101.21B
Revenue (ttm) 75.41B
Net Income (ttm) 14.34B
Shares Out 4.10B
EPS (ttm) 2.89
PE Ratio 8.54
Forward PE 18.45
Dividend $2.04
Dividend Yield 8.26%

Stock Quote

Trading Day Jul 10, 2020
Last Price $24.69
Previous Close $24.04
Change ($) 0.65
Change (%) 2.68%
Day's Open 24.15
Day's Range 24.15 - 24.98
Day's Volume 13,898,170
52-Week Range 22.00 - 54.75

More Stats

Market Cap 101.21B
Enterprise Value 280.03B
Earnings Date (est) Jul 14, 2020
Ex-Dividend Date May 7, 2020
Shares Outstanding 4.10B
Float 4.09B
EPS (basic) 2.88
EPS (diluted) 2.89
FCF / Share 3.91
Dividend $2.04
Dividend Yield 8.26%
Earnings Yield 11.71%
FCF Yield 15.86%
Payout Ratio 68.80%
Shares Short 45.16M
Short Ratio 0.82
Short % of Float 1.10%
Beta 1.15
PE Ratio 8.54
Forward PE 18.45
P/FCF Ratio 6.31
PS Ratio 1.34
PB Ratio 0.62
Revenue 75.41B
Operating Income 18.01B
Net Income 14.34B
Free Cash Flow 16.05B
Net Cash -178.82B
Net Cash / Share -43.62
Gross Margin 109.35%
Operating Margin 23.89%
Profit Margin 16.60%
FCF Margin 21.29%
ROA 0.75%
ROE 7.63%
ROIC 0.80%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (29)

Buy 5
Overweight 0
Hold 19
Underweight 1
Sell 4

Analyst Consensus: Overweight

Price Target

$31.38*
(27.12% upside)
Low
21.0
Current: 24.69
High
65.0
Target: 31.38
*Average 12-month price target from 24 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue82,37684,66485,86184,49783,61582,95281,47178,86973,04969,457
Revenue Growth-2.7%-1.39%1.61%1.05%0.8%1.82%3.3%7.97%5.17%-
Gross Profit82,37684,66485,86184,49783,61582,95281,47178,86973,04969,457
Operating Income24,19828,53827,37732,12033,64133,91532,62928,47123,65619,001
Net Income19,54922,39322,18321,93822,89423,05721,87818,89715,86912,362
Shares Outstanding4,3934,8004,9655,0535,1375,2375,2875,2885,2785,227
Earnings Per Share4.054.284.103.994.124.103.893.362.822.21
EPS Growth-5.37%4.39%2.76%-3.16%0.49%5.4%15.77%19.15%27.6%-
Dividend Per Share1.921.641.541.521.481.351.150.880.480.20
Dividend Growth17.07%6.49%1.65%2.71%9.26%17.39%30.68%83.33%140%-
Operating Cash Flow6,73036,07318,6191,00815,90417,52957,64158,54013,66518,772
Free Cash Flow6,73036,07318,6191,00815,90417,52957,64158,54013,66518,772
Cash & Equivalents141,250173,287215,947286,767289,241278,000233,712159,17363,80796,681
Total Debt332,703334,831328,276351,858297,064247,461206,881184,554174,445212,384
Net Cash / Debt-191,453-161,544-112,329-65,091-7,82330,53926,831-25,381-110,638-115,703
Assets1,927,5551,895,8831,951,7571,930,1151,787,6321,687,1551,523,5021,422,9681,313,8671,258,128
Liabilities1,739,5711,698,8171,743,6781,729,6181,593,7411,501,8931,352,4941,264,0571,172,1801,130,239
Book Value187,146196,166206,936199,581192,998184,394170,142157,554140,241126,408
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Wells Fargo & Company
Country United States
Employees 263,000
CEO Charles William Scharf

Stock Information

Ticker Symbol WFC
Stock Exchange New York Stock Exchange
Sector Financial Services
Industry Banks—Diversified
Unique Identifier NYSE: WFC

Description

Wells Fargo & Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services to individuals, businesses, and institutions in the United States and internationally. It operates in three segments: Community Banking, Wholesale Banking, and Wealth and Investment Management. The Community Banking segment offers checking and savings accounts; credit and debit cards; and automobile, student, mortgage, home equity, and small business lending products. The Wholesale Banking segment provides commercial, corporate, capital markets, cash management, and real estate banking products and services, including traditional commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection services, foreign exchange services, treasury management, institutional fixed-income sales, interest rate, commodity and equity risk management, online/electronic products, corporate trust fiduciary and agency services, and investment banking services. It also offers commercial and residential development, land acquisition and development, rehabilitation, permanent securitization, and commercial real estate loans; secured and unsecured lines of credit; affordable housing loans and letters of credit; and interim financing arrangements. The Wealth and Investment Management segment provides personalized wealth management, investment, and retirement products and services; and delivers financial planning, private banking, credit, investment management, and fiduciary services. The company also offers brokerage, and Internet and mobile banking services; and has collaboration with National LGBT Chamber of Commerce. As of March 16, 2020, it operated through 7,400 locations; approximately 13,000 ATMs; and offices in 32 countries and territories. The Company was founded in 1852 and is headquartered in San Francisco, California.