Wells Fargo & Company (WFC)
| Market Cap | 186.05B |
| Revenue (ttm) | 88.66B |
| Net Income (ttm) | 14.47B |
| Shares Out | 4.12B |
| EPS (ttm) | 3.73 |
| PE Ratio | 12.40 |
| Forward PE | 12.71 |
| Dividend | $0.40 |
| Dividend Yield | 0.86% |
| Trading Day | July 29 |
| Last Price | $46.31 |
| Previous Close | $45.51 |
| Change ($) | 0.80 |
| Change (%) | 1.76% |
| Day's Open | 45.99 |
| Day's Range | 45.68 - 46.37 |
| Day's Volume | 7,807,340 |
| 52-Week Range | 20.56 - 48.13 |
Wells Fargo is in a pausing pattern after doubling off the lows. Here's a WFC stock call spread to play if you think prices hold firm.
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced a quarterly common stock dividend of $0.20 per share, payable Sept. 1, 2021, to stockholders of record on Aug. 6, 2021, ...
Wells' customers might not appreciate losing their personal loans, but WFC stock holders should enjoy the shares returns. The post Street-Beating Results Should Power Wells Fargo Stock to $60 appeared f...
One of the most popular stocks among value-focused hedge funds is Wells Fargo ( WFC , Financial).
SAN FRANCISCO--(BUSINESS WIRE)--Cesar Gonzalez Named Head of Operations for Wells Fargo Commercial Banking
After years of a low interest rate environment, many investors have turned to equities not only for the growth potential but also for solid and dependable dividends that help to provide an income stream.
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Active Cash Survey Reveals the Pandemic Drove Credit Card Holders to Purge Closets, Social Media Friends, and Complicated Rewards Cards
Wells Fargo Asset Management to Become Allspring Global Investments; Initiates Leadership Transition
CHICAGO and NEW YORK, July 26, 2021 /PRNewswire/ -- GTCR LLC and Reverence Capital Partners, L.P. today announced that upon closing of their acquisition of Wells Fargo Asset Management (WFAM), the newly...
We don't know for sure, but here's why the bank might have made this controversial move.
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) announced today that Derek Ellington will join the company on October 18 as the head of Small Business Banking. He will report to Consum...
The stock indices started in the red this week but have recovered completely ever since. After Cramer's forecast on Thursday that the dip might, in fact, pose a good buying opportunity, former Wells Far...
Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. Today, our deep-learning algorithms have identified Wells Fargo & Company among others.
Former Wells Fargo CEO: I expect 20 percent market decline in next 18 months
Richard Kovacevich, former Wells Fargo Chairman and CEO, joins 'Squawk on the Street' to discuss the state of the markets, investment strategy and more.
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo announces Tanya Sanders as the new head of Wells Fargo Auto, succeeding Laura Schupbach, who is retiring after 26 years.
Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. Today, our deep-learning algorithms have identified The Boston Beer Company among others.
In the second quarter, Wells Fargo reported its lowest quarterly expenses in more than a year, as well as an improved efficiency ratio.
Here's what investors and consumers need to know.
Square Inc (NYSE: SQ) took its next step towards expanding beyond payment processing as it launched banking services for small businesses on Tuesday. On top of Square Loans, the American financial servi...
Banking staple Wells Fargo & Company (NYSE:WFC) was last seen trading up 4.3% to trade at $44.90, climbing with the financial sector as the 10-Year Treasury yield drops.
Investors may have "sold the news" with bank stocks after their quarterly results, but many factors still make these seven names appealing. The post 7 Best Bank Stocks to Buy Following Q2 Earnings Headl...
Shares of several companies in the broader financial services space, including Wells Fargo & Co (NYSE:WFC), are trading higher as the market rebounds after dipping on Monday. The financial sector at lar...
With second-quarter earnings season now underway, let's take a closer look at how the group of big banks performed during the period. The post Here's How the Big Banks' Earnings Stacked Up appeared firs...
While the bank has been releasing reserves previously built up for loan losses, it has done so at a slower pace than its peers.
Wells Fargo & Company (NYSE: WFC) shares have weakened from their recent highs above $48, and the current price stands around $44. Wells Fargo reported better than expected second-quarter results this w...
(Reuters) -The biggest banks in the world plan to re-open their offices, emboldened by aggressive vaccination drives and falling COVID-19 cases in major financial hubs, after sending most employees home...
Wells Fargo & Co (NYSE:WFC) wowed Wall Street with a big second-quarter earnings beat, but Bank of America analyst Ebrahim Poonawala said this week's Wells Fargo rally may be just getting started. Impre...
Q2 earnings begin on a positive note with major banks like JPMorgan (JPM), BofA (BAC), Citi (C), Wells Fargo (WFC), PNC Financial (PNC) & Truist (TFC) outpacing estimates, mainly driven by reserve relea...
With the trading day about halfway over, the major averages had pulled back slightly.
Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. Today, our deep-learning algorithms have identified Microsoft Corporation among others.
Jim Cramer breaks down earnings from Wells Fargo and Bank of America
CNBC's "Squawk on the Street" team discusses inflation, economic data and earnings.
After some early missteps, Charles Scharf has Wells Fargo headed in the right direction, but it is fully valued. The post Wells Fargo Stock Looks to Have Its Turnaround Already Priced In appeared first ...
KBW's RJ Grant breaks down bank earnings
RJ Grant, Head of Equity Research at KBW, joins Worldwide Exchange to discuss bank earnings season and the state of the financial sector.
Wells Fargo (WFC) delivered earnings and revenue surprises of 45.26% and 14.02%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
A closer look at today's bank results
Analysis of a big day for bank earnings, with Morgan Stanley set to announce tomorrow. With CNBC's Brian Sullivan and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Dan Nathan.
Wells Fargo CFO on Commercial Loans, Return to Office
Jul.14 -- Wells Fargo CFO Mike Santomassimo breaks down the bank's second-quarter earnings and return to office plans on "Bloomberg Markets: The Close."
Morgan Stanley, Wells Fargo, SmileDirectClub and Tilray were our top stock trades for Thursday. Let's look at how the charts are setting up.
Wells Fargo CFO on Q2 earnings, loan demand and economic outlook
Wells Fargo CFO Mike Santomassimo joins 'Closing Bell' to discuss the bank's second quarter earnings and economic forecast.
Wells Fargo & Company (NYSE: WFC) shares are trading higher after the company reported better-than-expected EPS and sales results. The company reported second-quarter earnings per share results of $1.38...
I expect bank estimates to rise as the year progresses: Schutz on earnings
Mendon Capital's Anton Schutz discusses bank earnings and what to expect from the sector for the rest of this year. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx...
Wells Fargo's (WFC) Q2 earnings benefit from solid non-interest income and improved asset quality, despite a low-rate economy which hurt the NII.
'Profit-making machines' — Big Banks report Q2 earnings
Bank of America reporting a mixed second-quarter, Citigroup and Wells Fargo beating expectations, and BlackRock profit topping estimates as assets soar to a record $9.49 trillion. Brian Cheung joins Myl...
The four largest U.S. consumer banks posted blockbuster second-quarter results this week, after pandemic loan losses failed to materialize and the U.S. economy began roaring back to life.
Find out why the stock market is headed higher again.
About WFC
Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets and proudly serves one in three U.S. households and more than 10% of all middle market companies in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. Wells Fargo ranked... [Read more...]
| Industry Banks-Diversified | Founded 1852 |
| CEO Charles Scharf | Employees 259,196 |
| Stock Exchange NYSE | Ticker Symbol WFC |
Financial Performance
In 2020, Wells Fargo's revenue was $72.34 billion, a decrease of -14.96% compared to the previous year's $85.06 billion. Earnings were $3.30 billion, a decrease of -83.11%.
Analyst Forecasts
According to 27 analysts, the average rating for Wells Fargo stock is "Buy." The 12-month stock price forecast is 49.39, which is an increase of 6.65% from the latest price.