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: $46.15
  • 50 Day Moving Average: $45.86
  • 200 Day Moving Average: $47.91
  • 52-Week Range: $43.55 - $56.34
  • Trailing P/E Ratio: 11.45
  • Foreward P/E Ratio: 11.37
  • P/E Growth: 1.65
  • Market Cap: $231.85B
  • Outstanding Shares: 5,023,889,000
  • Beta: 0.91
  • Net Margins: 23.91%
  • Return on Equity: 12.72%
  • Return on Assets: 1.20%
  • Debt-to-Equity Ratio: 1.42%
  • Current Ratio: 0.93%
  • Quick Ratio: 0.91%
Additional Links:
Companies Related to Wells Fargo & Co.:

Analyst Ratings

Consensus Ratings for Wells Fargo & Co. (NYSE:WFC) (?)
Ratings Breakdown: 6 Sell Ratings, 9 Hold Ratings, 17 Buy Ratings
Consensus Rating:Hold (Score: 2.34)
Consensus Price Target: $49.66 (7.60% upside)

Analysts' Ratings History for Wells Fargo & Co. (NYSE:WFC)
DateFirmActionRatingPrice TargetDetails
10/23/2016Evercore ISIReiterated RatingBuy$51.00View Rating Details
10/19/2016FBR & CoDowngradeOutperform -> Market Perform$50.00 -> $45.00View Rating Details
10/18/2016MacquarieReiterated RatingUnderperformView Rating Details
10/18/2016Barclays PLCReiterated RatingOutperform$58.00 -> $56.00View Rating Details
10/17/2016BMO Capital MarketsUpgradeUnderperform -> Market PerformView Rating Details
10/17/2016Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$57.00 -> $48.00View Rating Details
10/13/2016Piper Jaffray Cos.Reiterated RatingUnderweight$43.00View Rating Details
10/13/2016ArgusReiterated RatingBuyView Rating Details
10/4/2016Raymond James Financial Inc.DowngradeMarket Perform -> UnderperformView Rating Details
9/30/2016Sandler O'NeillReiterated RatingHoldView Rating Details
9/26/2016Citigroup Inc.Reiterated RatingOutperform$56.00 -> $50.00View 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$56.00 -> $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
9/9/2016Rafferty Capital MarketsDowngradeHold -> Sell$44.00View Rating Details
7/18/2016Drexel HamiltonReiterated RatingBuyView 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
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
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 10/27/2014 forward)


Earnings History for Wells Fargo & Co. (NYSE:WFC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/14/2016Q316$1.01$1.03$22.30 billionViewListenView Earnings Details
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: $4.04 EPS
Next Year EPS Consensus Estimate: $4.06 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$1.02$1.06$1.04
Q4 20163$1.00$1.07$1.03
Q1 20172$0.97$0.98$0.98
Q2 20172$1.00$1.06$1.03
Q3 20172$1.04$1.07$1.06
Q4 20172$1.02$1.03$1.03
(Data provided by Zacks Investment Research)


Current Dividend Information for Wells Fargo & Co. (NYSE:WFC)
Annual Dividend:$1.52
Dividend Yield:3.29%
Dividend Growth:23.70% (3 Year Average)
Payout Ratio:37.44% (Based on Trailing 12 Months of Earnings)
37.62% (Based on Current Year Consensus EPS Estimate)
37.44% (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: 73.94%
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)
News IconWell Fargo’s new CEO vows to renew trust with workers (NYSE:WFC)
www.cbsnews.com - October 26 at 8:03 PM
4-traders.com logoWells Fargo : Democratic Senators Call for Stricter Rules on Wall Street Pay (NYSE:WFC)
www.4-traders.com - October 26 at 8:03 PM
finance.yahoo.com logoHuntington reviewing “practices, policies and procedures” in light of Wells Fargo scandal - Columbus (NYSE:WFC)
finance.yahoo.com - October 26 at 8:03 PM
marketwatch.com logoDemocratic senators seek tougher rules on Wall Street executives’ pay (NYSE:WFC)
www.marketwatch.com - October 26 at 8:03 PM
latimes.com logoSenators want stronger 'claw back' rules after Wells Fargo scandal (NYSE:WFC)
www.latimes.com - October 26 at 8:03 PM
finance.yahoo.com logoEQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Wells Fargo & Company - WFC (NYSE:WFC)
finance.yahoo.com - October 26 at 8:03 PM
bizjournals.com logoBanking on workforce: New training program starting to fill worker pipeline for banks (NYSE:WFC)
www.bizjournals.com - October 26 at 8:03 PM
forbes.com logoWells Fargo Named Top Dividend Stock With Insider Buying and 3.32% Yield (WFC) (NYSE:WFC)
www.forbes.com - October 26 at 2:46 PM
News IconNoticeable Stocks Buzz: Wells Fargo & Co (NYSE:WFC), Energy Transfer Equity LP (NYSE:ETE) - Investors News (NYSE:WFC)
newsemerging.com - October 26 at 11:53 AM
News IconEarnings Roundup: Wells Fargo & Company (NYSE:WFC) - FactsReporter (NYSE:WFC)
factsreporter.com - October 26 at 11:53 AM
businesswire.com logoWells Fargo & Company Announces Common Dividend - Business Wire (press release) (NYSE:WFC)
www.businesswire.com - October 26 at 11:53 AM
bloomberg.com logoWeird Bonuses and Sales Reviews (NYSE:WFC)
www.bloomberg.com - October 26 at 11:53 AM
finance.yahoo.com logoWall St rescue fund watchdog says U.S. bank heads too insulated (NYSE:WFC)
finance.yahoo.com - October 26 at 11:53 AM
finance.yahoo.com logoFormer Wells Fargo banker shares her story of the crushing stress from having to open so many needless customer accounts (NYSE:WFC)
finance.yahoo.com - October 26 at 11:53 AM
etfdailynews.com logoSurvey Says 14% of Wells Fargo Customers Will Leave the Bank (NYSE:WFC)
etfdailynews.com - October 25 at 8:12 PM
News IconQ4 2016 EPS Estimates for Wells Fargo & Co. Raised by Jefferies Group (NYSE:WFC)
myhealthbowl.com - October 25 at 8:12 PM
reuters.com logoBRIEF-Wells Fargo & Co sets quarterly dividend of $0.38 per share (NYSE:WFC)
www.reuters.com - October 25 at 8:12 PM
businesswire.com logoWells Fargo & Company Announces Common Dividend (NYSE:WFC)
www.businesswire.com - October 25 at 8:12 PM
bizjournals.com logoWells Fargo CEO Tim Sloan apologizes to employees and promises to restore trust (NYSE:WFC)
www.bizjournals.com - October 25 at 8:12 PM
ft.com logo[$$] Former Wells workers who failed to meet targets may get jobs back (NYSE:WFC)
www.ft.com - October 25 at 8:12 PM
latimes.com logoFederal regulator launches broad review of banks' sales practices - Los Angeles Times (NYSE:WFC)
www.latimes.com - October 25 at 7:43 PM
reuters.com logoWhen scandal strikes, pity the other guy named John Stumpf - Reuters (NYSE:WFC)
www.reuters.com - October 25 at 6:14 PM
bizjournals.com logoWells Fargo CEO Tim Sloan: 'You also should expect more tough headlines' (NYSE:WFC)
feeds.bizjournals.com - October 25 at 6:14 PM
cnbc.com logoNew Wells Fargo CEO to employees: 'We're sorry' (NYSE:WFC)
www.cnbc.com - October 25 at 5:46 PM
abcnews.go.com logoWells Fargo Races to Repair Brand With New 'Commitment' TV Ad Campaign (NYSE:WFC)
abcnews.go.com - October 25 at 3:25 PM
fool.com logoHow Wells Fargo Tried to Intimidate and Demean Me (NYSE:WFC)
www.fool.com - October 25 at 3:03 PM
News Icon715 Shares of Wells Fargo & Co. (WFC) are sold by Buckhead Capital Management LLC - DailyQuint (NYSE:WFC)
dailyquint.com - October 25 at 6:26 AM
bizjournals.com logoWells Fargo debuts national ad campaign to address scandal (NYSE:WFC)
feeds.bizjournals.com - October 24 at 10:02 PM
News IconWorkers say Wells Fargo fired them for not opening bogus accounts (NYSE:WFC)
www.mcall.com - October 24 at 7:42 PM
businesswire.com logoWells Fargo Announces Henry Jordan to Retire as Head of Capital Finance (NYSE:WFC)
www.businesswire.com - October 24 at 7:42 PM
bloomberg.com logoWells Fargo Steps Up Scandal Damage Control With TV Ad Push (NYSE:WFC)
www.bloomberg.com - October 24 at 7:42 PM
reuters.com logoWells Fargo says head of capital finance to retire (NYSE:WFC)
www.reuters.com - October 24 at 7:42 PM
ft.com logo[$$] Wells Fargo TV ad campaign aims to rebuild damaged brand (NYSE:WFC)
www.ft.com - October 24 at 7:42 PM
latimes.com logoBig banks roll out Zelle, a money-transfer app to take on Venmo (NYSE:WFC)
www.latimes.com - October 24 at 12:36 PM
cnbc.com logoWells Fargo fallout could tally $4 billion in revenue, 30% customer drop, study says (NYSE:WFC)
www.cnbc.com - October 24 at 11:48 AM
seekingalpha.com logoWells Financial  reports Q3 results (NYSE:WFC)
seekingalpha.com - October 24 at 9:45 AM
News IconWells Fargo Beats Estimates, but Profits Fall: Q3 Earnings (NYSE:WFC)
www.perspectivabetica.com - October 24 at 6:40 AM
News IconOH to suspend doing business with Wells Fargo (NYSE:WFC)
crcconnection.com - October 24 at 6:40 AM
News IconCohen Capital Management buys $2318498 stake in Wells Fargo & Co (NYSE:WFC)
leglobaliste.com - October 24 at 6:40 AM
News IconScandal-hit Wells Fargo's quarterly profit falls 3.7 percent (NYSE:WFC)
canalcncarauca.com - October 24 at 6:40 AM
News IconWells Fargo must do more than fire its CEO to mend its image, critics say (NYSE:WFC)
rapidcityjournal.com - October 23 at 7:53 PM
News IconWells Fargo faces criminal probe for alleged identity theft (NYSE:WFC)
myhealthbowl.com - October 23 at 7:53 PM
finance.yahoo.com logoWells Fargo's corporate responsibility chair resigns from private equity firm (NYSE:WFC)
finance.yahoo.com - October 23 at 7:53 PM
News IconSales pressure drove Wells Fargo banker to drink hand sanitizer (NYSE:WFC)
www.perspectivabetica.com - October 23 at 6:51 AM
News IconWells Fargo's wealth unit ditches 'cross-sell' measure for referred assets (NYSE:WFC)
myhealthbowl.com - October 23 at 6:51 AM
News IconCalifornia Investigating Wells Fargo for Criminal Identity Theft (NYSE:WFC)
viveremilano.biz - October 23 at 6:51 AM
News IconWhat consumers can learn from Wells Fargo scandal (NYSE:WFC)
canalcncarauca.com - October 23 at 6:51 AM
News IconWells Fargo Fraud Scandal Could Force Branch Closures (NYSE:WFC)
leglobaliste.com - October 23 at 6:51 AM
News IconFinancial Watchlist of Wells Fargo & Company (NYSE:WFC) (NYSE:WFC)
thelakeandeswave.com - October 23 at 6:51 AM
bloomberg.com logoWells Fargo Probed for Identity Theft Over Fake Accounts (3) (NYSE:WFC)
washpost.bloomberg.com - October 22 at 7:24 PM


Wells Fargo & Co. (NYSE:WFC) Chart for Thursday, October, 27, 2016

Last Updated on 10/27/2016 by MarketBeat.com Staff