Wells Fargo & Co. Company Profile (NYSE:WFC)

About Wells Fargo & Co.

Wells Fargo & Co. logoWells Fargo & Company is a bank holding company. The Company is a financial services company, which offers banking, insurance, trust and investments, mortgage banking, investment banking, retail banking, brokerage, and consumer and commercial finance. It has three operating segments: Community Banking, Wholesale Banking, and Wealth and Investment Management. Its Community Banking segment offers financial products and services for consumers and small businesses, including checking and savings accounts, credit and debit cards, and auto, student and small business lending. Its Wholesale Banking segment provides financial solutions to businesses across the United States and globally. Its Wealth and Investment Management segment provides a range of personalized wealth management, investment, and retirement products and services to clients across the United States-based businesses. It operates through over 8,700 locations and approximately 13,000 automated teller machines.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Money Center Banks
  • Sub-Industry: Diversified Banks
  • Exchange: NYSE
  • Symbol: WFC
  • CUSIP: 94974610
Key Metrics:
  • Previous Close: $45.74
  • 50 Day Moving Average: $48.28
  • 200 Day Moving Average: $48.56
  • 52-Week Range: $5,045,547,000.00 - $44.50
  • Trailing P/E Ratio: 11.29
  • Foreward P/E Ratio: 10.97
  • P/E Growth: 1.49
  • Market Cap: $230.78B
  • Outstanding Shares: 5,045,547,000
  • Beta: 0.9
  • Net Margins: 24.33%
  • Return on Equity: 12.95%
  • Return on Assets: 1.24%
  • Debt-to-Equity Ratio: 1.37%
  • Current Ratio: 0.95%
  • Quick Ratio: 0.93%
Additional Links:
Companies Related to Wells Fargo & Co.:

Analyst Ratings

Consensus Ratings for Wells Fargo & Co. (NYSE:WFC) (?)
Ratings Breakdown: 6 Sell Ratings, 7 Hold Ratings, 19 Buy Ratings
Consensus Rating:Hold (Score: 2.41)
Consensus Price Target: $51.39 (12.35% upside)

Analysts' Ratings History for Wells Fargo & Co. (NYSE:WFC)
DateFirmActionRatingPrice TargetDetails
9/23/2016Raymond James Financial Inc.Reiterated RatingMarket PerformView Rating Details
9/23/2016RBC Capital MarketsReiterated RatingOutperform$54.00 -> $52.00View Rating Details
9/23/2016Goldman Sachs Group Inc.Reiterated RatingBuy$56.00View Rating Details
9/23/2016Credit Suisse Group AGLower Price TargetBuy$50.00View Rating Details
9/22/2016Deutsche Bank AGLower Price TargetBuy$59.00 -> $50.00View Rating Details
9/21/2016JPMorgan Chase & Co.DowngradeOverweight -> Neutral$53.50 -> $48.00View Rating Details
9/20/2016Credit Agricole SAReiterated RatingOutperform$57.00View Rating Details
9/20/2016Morgan StanleyUpgradeEqual Weight -> Overweight$56.00 -> $53.00View Rating Details
9/19/2016Bank of America Corp.Set Price TargetBuy$50.00View Rating Details
9/19/2016Oppenheimer Holdings Inc.Reiterated RatingMarket PerformView Rating Details
9/19/2016Robert W. BairdUpgradeNeutral -> Outperform$45.43 -> $50.00View Rating Details
9/16/2016Atlantic SecuritiesDowngradeNeutral -> Underweight$46.15 -> $44.00View Rating Details
9/15/2016Barclays PLCLower Price TargetOverweight$61.00 -> $58.00View Rating Details
9/14/2016Piper Jaffray Cos.Reiterated RatingUnderweight$45.00View Rating Details
9/9/2016Keefe, Bruyette & WoodsReiterated RatingOutperform$57.00View Rating Details
9/9/2016Sandler O'NeillReiterated RatingHoldView Rating Details
9/9/2016Rafferty Capital MarketsDowngradeHold -> Sell$44.00View Rating Details
7/18/2016Drexel HamiltonReiterated RatingBuyView Rating Details
7/18/2016Evercore ISIReiterated RatingBuy$53.00View Rating Details
7/18/2016FBR & CoReiterated RatingBuy$63.00View Rating Details
7/18/2016BMO Capital MarketsReiterated RatingSell$52.00 -> $50.00View Rating Details
7/18/2016Royal Bank Of CanadaLower Price TargetOutperform$57.00 -> $54.00View Rating Details
7/13/2016Berenberg BankInitiated CoverageHold$45.00View Rating Details
7/9/2016NomuraReiterated RatingBuyView Rating Details
7/7/2016Jefferies GroupReiterated RatingBuy$53.00View Rating Details
6/27/2016ArgusReiterated RatingBuy$58.00View Rating Details
5/22/2016Citigroup Inc.Reiterated RatingBuyView Rating Details
4/6/2016GuggenheimDowngradeBuy -> NeutralView Rating Details
2/26/2016Sanford C. BernsteinLower Price Target$57.00 -> $55.00View Rating Details
1/20/2016SusquehannaUpgradeNeutral -> Positive$56.00View Rating Details
1/19/2016Societe GeneraleLower Price TargetSell$51.00 -> $47.00View Rating Details
1/19/2016Compass PointLower Price TargetNeutral$55.00 -> $54.00View Rating Details
9/25/2015MacquarieLower Price TargetUnderperform$51.00 -> $50.00View Rating Details
8/31/2015Vining SparksReiterated RatingBuyView Rating Details
8/13/2015S&P Equity ResearchReiterated RatingBuy$62.00View Rating Details
3/9/2015Miller TabakUpgradeHold -> BuyView Rating Details
1/12/2015Buckingham ResearchReiterated RatingNeutralView Rating Details
(Data available from 9/24/2014 forward)


Earnings History for Wells Fargo & Co. (NYSE:WFC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/15/2016Q216$1.01$1.01$22.20 billionViewListenView Earnings Details
4/14/2016Q116$0.98$0.99$21.70 billion$22.20 billionViewListenView Earnings Details
1/15/2016Q415$1.02$1.03$21.59 billionViewListenView Earnings Details
10/14/2015Q315$1.04$1.05$21.75 billion$21.88 billionViewListenView Earnings Details
7/14/2015Q215$1.03$1.03$21.69 billion$21.32 billionViewListenView Earnings Details
4/14/2015Q115$0.98$1.04$21.30 billionViewN/AView Earnings Details
1/14/2015Q414$1.02$1.02$21.29 billion$21.40 billionViewN/AView Earnings Details
10/14/2014Q314$1.02$1.02$21.06 billion$21.20 billionViewListenView Earnings Details
7/11/2014Q2 14$1.01$1.01$20.76 billion$21.10 billionViewN/AView Earnings Details
4/11/2014Q114$0.96$1.05$20.60 billion$20.60 billionViewN/AView Earnings Details
1/13/2014Q413$0.98$1.00$20.63 billion$20.70 billionViewN/AView Earnings Details
10/11/2013Q313$0.97$0.99$21.00 billion$20.50 billionViewN/AView Earnings Details
7/12/2013Q2 2013$0.93$0.98$21.21 billion$21.40 billionViewN/AView Earnings Details
4/12/2013Q1 2013$0.88$0.92$21.59 billion$21.26 billionViewN/AView Earnings Details
1/11/2013Q4 2012$0.90$0.91$21.29 billion$21.90 billionViewN/AView Earnings Details
10/12/2012Q312$0.87$0.88$21.47 billion$21.20 billionViewN/AView Earnings Details
7/13/2012$0.81$0.82ViewN/AView Earnings Details
4/13/2012$0.72$0.75ViewN/AView Earnings Details
1/17/2012$0.73$0.73ViewN/AView Earnings Details
10/17/2011$0.73$0.72ViewN/AView Earnings Details
7/19/2011$0.69$0.70ViewN/AView Earnings Details
4/20/2011$0.66$0.67ViewN/AView Earnings Details
1/19/2011$0.61$0.61ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Wells Fargo & Co. (NYSE:WFC)
Current Year EPS Consensus Estimate: $4.02 EPS
Next Year EPS Consensus Estimate: $4.17 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$0.99$1.03$1.01
Q2 20163$1.00$1.02$1.01
Q3 20163$1.01$1.04$1.03
Q4 20163$0.99$1.15$1.06
Q1 20171$1.04$1.04$1.04
Q2 20171$1.10$1.10$1.10
Q3 20171$1.27$1.27$1.27
Q4 20171$1.25$1.25$1.25
(Data provided by Zacks Investment Research)


Current Dividend Information for Wells Fargo & Co. (NYSE:WFC)
Annual Dividend:$1.52
Dividend Yield:3.32%
Dividend Growth:23.70% (3 Year Average)
Payout Ratio:37.25% (Based on Trailing 12 Months of Earnings)
37.81% (Based on Current Year Consensus EPS Estimate)
36.45% (Based on Next Year Consensus EPS Estimate)
Track Record:4 Years of Consecutive Dividend Growth

Dividend History for Wells Fargo & Co. (NYSE:WFC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Wells Fargo & Co. (NYSE:WFC)
Insider Ownership Percentage: 0.29%
Institutional Ownership Percentage: 73.98%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/8/2016Timothy J SloanCOOSell20,500$48.92$1,002,860.00View SEC Filing  
5/3/2016James H QuigleyDirectorBuy2,000$49.97$99,940.00View SEC Filing  
4/27/2016Avid ModjtabaiEVPSell55,000$50.77$2,792,350.00View SEC Filing  
4/22/2016David M. CarrollVPSell62,300$50.28$3,132,444.00View SEC Filing  
3/11/2016Lloyd H DeanDirectorSell2,210$49.93$110,345.30View SEC Filing  
3/10/2016Timothy J SloanCOOSell10,000$48.16$481,600.00View SEC Filing  
12/9/2015Michael J LoughlinEVPSell20,000$54.48$1,089,600.00View SEC Filing  
10/22/2015Timothy J. SloanEVPSell24,000$54.28$1,302,720.00View SEC Filing  
7/23/2015James M StrotherEVPSell31,000$58.28$1,806,680.00View SEC Filing  
5/15/2015Timothy J SloanEVPSell50,000$56.00$2,800,000.00View SEC Filing  
5/8/2015Kevin A RheinEVPSell17,500$55.27$967,225.00View SEC Filing  
5/4/2015Michael J HeidEVPSell18,000$55.55$999,900.00View SEC Filing  
4/30/2015Michael J HeidEVPSell19,000$55.06$1,046,140.00View SEC Filing  
4/27/2015Michael J LoughlinEVPSell19,696$55.10$1,085,249.60View SEC Filing  
4/21/2015Michael J HeidEVPSell18,000$54.58$982,440.00View SEC Filing  
4/16/2015Avid ModjtabaiEVPSell70,000$54.65$3,825,500.00View SEC Filing  
4/16/2015David M CarrollVPSell77,000$54.81$4,220,370.00View SEC Filing  
4/15/2015James M StrotherEVPSell50,000$54.80$2,740,000.00View SEC Filing  
4/15/2015Richard LevyVPSell95,000$54.48$5,175,600.00View SEC Filing  
1/23/2015Timothy J SloanEVPSell25,000$53.51$1,337,750.00View SEC Filing  
12/10/2014Susan E EngelDirectorSell1,964$54.27$106,586.28View SEC Filing  
11/11/2014Carrie L TolstedtEVPSell219,835$53.76$11,818,329.60View SEC Filing  
11/7/2014Avid ModjtabaiEVPSell25,000$54.10$1,352,500.00View SEC Filing  
11/7/2014John G StumpfCEOSell329,197$54.05$17,793,097.85View SEC Filing  
11/5/2014Kevin A RheinEVPSell10,000$53.49$534,900.00View SEC Filing  
11/3/2014Enrique Hernandez JrDirectorSell7,740$53.54$414,399.60View SEC Filing  
10/31/2014James M StrotherEVPSell20,000$52.91$1,058,200.00View SEC Filing  
10/29/2014Michael J LoughlinEVPSell10,000$51.77$517,700.00View SEC Filing  
9/2/2014Michael J LoughlinEVPSell10,000$51.55$515,500.00View SEC Filing  
4/28/2014Timothy SloanCFOSell80,000$48.65$3,892,000.00View SEC Filing  
4/21/2014Richard LevyVPSell45,000$49.04$2,206,800.00View SEC Filing  
4/16/2014Michael HeidEVPSell28,462$49.08$1,396,914.96View SEC Filing  
4/15/2014David CarrollVPSell71,800$48.54$3,485,172.00View SEC Filing  
4/15/2014James StrotherEVPSell50,000$48.31$2,415,500.00View SEC Filing  
1/24/2014Timothy SloanCFOSell75,000$45.84$3,438,000.00View SEC Filing  
1/15/2014Michael HeidEVPSell3,800$45.90$174,420.00View SEC Filing  
12/9/2013Susan EngelDirectorSell3,887$44.27$172,077.49View SEC Filing  
11/25/2013Michael HeidEVPSell10,000$44.44$444,400.00View SEC Filing  
11/8/2013Lloyd DeanDirectorSell6,702$42.52$284,969.04View SEC Filing  
10/30/2013John G StumpfCEOSell300,000$43.18$12,954,000.00View SEC Filing  
8/14/2013James StrotherEVPSell9,307$43.35$403,458.45View SEC Filing  
8/1/2013David M CarrollVPSell79,700$44.15$3,518,755.00View SEC Filing  
7/31/2013Avid ModjtabaiEVPSell60,000$43.71$2,622,600.00View SEC Filing  
7/30/2013John G StumpfCEOSell38,000$43.26$1,643,880.00View SEC Filing  
7/29/2013Michael J HeidEVPSell2,936$43.29$127,099.44View SEC Filing  
7/26/2013Michael J LoughlinEVPSell70,953$43.52$3,087,874.56View SEC Filing  
7/24/2013David A HoytEVPSell101,886$44.60$4,544,115.60View SEC Filing  
7/15/2013Michael J HeidEVPSell6,906$43.07$297,441.42View SEC Filing  
7/15/2013Richard LevyVPSell75,000$43.18$3,238,500.00View SEC Filing  
5/15/2013Kevin A RheinEVPSell70,000$38.66$2,706,200.00View SEC Filing  
5/9/2013Michael J HeidEVPSell3,000$38.44$115,320.00View SEC Filing  
10/17/2012Stephen W SangerDirectorBuy10,000$33.96$339,600.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Wells Fargo & Co. (NYSE:WFC)
4-traders.com logoWells Fargo : Former employees file class action against Wells Fargo (NYSE:WFC)
www.4-traders.com - September 24 at 7:07 PM
seekingalpha.com logoMoving Forward With Wells Fargo (NYSE:WFC)
seekingalpha.com - September 24 at 7:07 PM
latimes.com logoWells Fargo could take back more than $50 million from embattled CEO (NYSE:WFC)
www.latimes.com - September 24 at 7:07 PM
reuters.com logoFormer employees file class action against Wells Fargo - Reuters (NYSE:WFC)
www.reuters.com - September 24 at 4:06 PM
finance.yahoo.com logoWells Fargo hit with proposed class action from ex-employees (NYSE:WFC)
finance.yahoo.com - September 24 at 4:06 PM
feeds.reuters.com logoFormer employees file class action against Wells Fargo (NYSE:WFC)
feeds.reuters.com - September 24 at 3:28 PM
News IconWells Fargo & Co (WFC), Goldman Sachs Group Inc (GS) & More: This Week in Finance (NYSE:WFC)
feedproxy.google.com - September 24 at 2:00 PM
finance.yahoo.com logoWells Fargo scandal shows the next bank crisis is coming (NYSE:WFC)
finance.yahoo.com - September 24 at 12:57 PM
News IconSuggested Resignation Letter for Wells Fargo CEO John Stumpf (NYSE:WFC)
feedproxy.google.com - September 24 at 11:18 AM
marketwatch.com logoOusted or not, Wells Fargo CEO John Stumpf will enjoy a comfortable retirement (NYSE:WFC)
www.marketwatch.com - September 24 at 10:18 AM
News IconChesapeake Energy Corporation (NYSE:CHK) & Wells Fargo & Co (NYSE:WFC) Stocks in the Spotlight - Money News (NYSE:WFC)
www.newsismoney.com - September 24 at 6:46 AM
investorplace.com logoStay Far Away From Wells Fargo & Co (WFC) - Investorplace.com (NYSE:WFC)
investorplace.com - September 24 at 6:46 AM
bloomberg.com logoWells Fargo Sued Over Firings for Missed Account Quotas - Bloomberg (NYSE:WFC)
www.bloomberg.com - September 24 at 1:30 AM
cnn.com logoWells Fargo facing pressure from investor to clawback executive pay (NYSE:WFC)
money.cnn.com - September 23 at 7:57 PM
wsj.com logoWells Fargo Taps Shearman & Sterling to Advise on Executive Compensation Issues (NYSE:WFC)
www.wsj.com - September 23 at 7:24 PM
reuters.com logoWells Fargo hires law firm to advise on executive pay: WSJ (NYSE:WFC)
www.reuters.com - September 23 at 7:24 PM
bloomberg.com logoThe Man Who May Inherit the Mess at Wells Fargo (NYSE:WFC)
www.bloomberg.com - September 23 at 7:24 PM
finance.yahoo.com logoWells Fargo & Company (WFC) Alert: Shareholder Rights Law Firm Johnson & Weaver, LLP is Investigating … (NYSE:WFC)
finance.yahoo.com - September 23 at 7:24 PM
investorplace.com logoStay Far Away From Wells Fargo & Co (WFC) (NYSE:WFC)
investorplace.com - September 23 at 7:24 PM
wsj.com logo[$$] Wells Fargo Taps Law Firm Amid Calls for Pay Clawbacks (NYSE:WFC)
www.wsj.com - September 23 at 7:24 PM
bizjournals.com logoWells Fargo compensation clawbacks issue moves into boardroom (NYSE:WFC)
feeds.bizjournals.com - September 23 at 6:18 PM
seekingalpha.com logoCowen and Company, Wells Fargo unmoved on Facebook's ad-metric misstep (NYSE:WFC)
seekingalpha.com - September 23 at 5:18 PM
abcnews.go.com logoSenators Slam Wells Fargo Over Arbitration Agreements in Scathing Letter (NYSE:WFC)
abcnews.go.com - September 23 at 1:48 PM
wsj.com logoInvestment Group Calls for Executive Clawback, Two New Board Directors at Wells Fargo - Wall Street Journal (NYSE:WFC)
www.wsj.com - September 23 at 12:26 PM
bizjournals.com logoWells Fargo shareholder sues the bank for breaching fiduciary duty (NYSE:WFC)
feeds.bizjournals.com - September 23 at 12:26 PM
forbes.com logoThe 9 Most Important Things You Need To Know About The Wells Fargo Fiasco (NYSE:WFC)
www.forbes.com - September 23 at 11:59 AM
latimes.com logoWells Fargo CEO resigns from Federal Reserve advisory panel following fake-accounts scandal (NYSE:WFC)
www.latimes.com - September 23 at 10:58 AM
bizjournals.com logoFormer Wells Fargo CEO Richard Cooley dies at 92 (NYSE:WFC)
feeds.bizjournals.com - September 23 at 10:40 AM
finance.yahoo.com logoWells Fargo's culture starts at the top (NYSE:WFC)
finance.yahoo.com - September 23 at 9:23 AM
finance.yahoo.com logoWhy now is a great time to switch banks (NYSE:WFC)
finance.yahoo.com - September 23 at 9:23 AM
investorplace.com logoStay Far Away From Wells Fargo & Co. (WFC) (NYSE:WFC)
investorplace.com - September 23 at 9:18 AM
businesswire.com logoWells Fargo Donates $250000 to Support Community Healing Efforts in Charlotte - Business Wire (press release) (NYSE:WFC)
www.businesswire.com - September 23 at 6:43 AM
finance.yahoo.com logoWells Fargo CEO resigns from US Fed body (NYSE:WFC)
au.finance.yahoo.com - September 23 at 6:43 AM
wsj.com logoPolitical Fight Over CFPB Heats Up After Wells Fargo Scandal - Wall Street Journal (NYSE:WFC)
www.wsj.com - September 22 at 11:18 PM
usatoday.com logoWells Fargo CEO leaves bank panel in wake of fraud (NYSE:WFC)
rssfeeds.usatoday.com - September 22 at 7:52 PM
cnbc.com logoMylan, Wells Fargo CEOs unprepared, not contrite, Yale's Jeff Sonnenfeld says (NYSE:WFC)
www.cnbc.com - September 22 at 7:52 PM
smarteranalyst.com logoRBC Capital Shines Light on Two Stock Giants: Apple Inc. (AAPL) and Wells Fargo & Co (WFC) - Smarter Analyst (NYSE:WFC)
www.smarteranalyst.com - September 22 at 7:41 PM
investorplace.com logo3 Big Stock Charts: Wells Fargo & Co (WFC), PNC Financial Services Group Inc (PNC) and MeetMe Inc (MEET) - Investorplace.com (NYSE:WFC)
investorplace.com - September 22 at 7:41 PM
sg.finance.yahoo.com logoWells Fargo CEO resigns position on Fed advisory body (NYSE:WFC)
sg.finance.yahoo.com - September 22 at 7:41 PM
wsj.com logo[$$] Pressure Mounts on Wells Fargo CEO John Stumpf (NYSE:WFC)
www.wsj.com - September 22 at 7:41 PM
nytimes.com logoBusiness Day|Wells Fargo Tests Justice Department's Get-Tough Approach - New York Times (NYSE:WFC)
www.nytimes.com - September 22 at 6:51 PM
bizjournals.com logoWells Fargo small business customers react to fake accounts scandal (NYSE:WFC)
feeds.bizjournals.com - September 22 at 6:51 PM
cnbc.com logoWells Fargo CEO steps down from Federal Reserve Advisory Council (NYSE:WFC)
www.cnbc.com - September 22 at 6:16 PM
News IconWomen in Banking: Wellsgate, B of A Settlement and a Fintech Escape - American Banker (NYSE:WFC)
www.americanbanker.com - September 22 at 5:16 PM
latimes.com logoDid Wells Fargo violate overtime laws? Elizabeth Warren among 8 senators seeking Labor investigation (NYSE:WFC)
www.latimes.com - September 22 at 4:17 PM
feeds.benzinga.com logoPotential Wells Fargo Whistleblowers Were Fired Over Phony Account Scandal (NYSE:WFC)
feeds.benzinga.com - September 22 at 3:49 PM
abcnews.go.com logoSenators Ask Labor Department to Investigate Wells Fargo Over Accounts Scandal (NYSE:WFC)
abcnews.go.com - September 22 at 3:49 PM
bizjournals.com logoElizabeth Warren, other senators ask Department of Labor to investigate Wells Fargo (NYSE:WFC)
feeds.bizjournals.com - September 22 at 3:49 PM
seekingalpha.com logoStocks hold modest gains in afternoon action; Wells Fargo continues slide (NYSE:WFC)
seekingalpha.com - September 22 at 2:49 PM
nytimes.com logoIn Wells Fargo's Bogus Accounts, Echoes of Foreclosure Abuses - New York Times (NYSE:WFC)
www.nytimes.com - September 22 at 2:15 PM


Wells Fargo & Co. (NYSE:WFC) Chart for Saturday, September, 24, 2016

Last Updated on 9/24/2016 by MarketBeat.com Staff