Wells Fargo & Company, a diversified financial services company, provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. It operates through three segments: Community Banking, Wholesale Banking, and Wealth and Investment Management. The company also engages in the wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, computer and data processing, trust, investment advisory, mortgage-backed securities, and venture capital investment services. As of February 7, 2019, it operated through 7,800 locations, 13,000 ATMs, and the Internet and mobile banking, as well as has offices in 37 countries and territories. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.
Industry, Sector and Symbol
Industry National commercial banks
Sub-IndustryDiversified Banks
SectorFinance
Phone866-878-5865
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$101.06 billion
Profitability
Miscellaneous
Employees259,000
Next Earnings Date7/12/2019 (Estimated)
OptionableOptionable
Wells Fargo & Co (NYSE:WFC) Frequently Asked Questions
What is Wells Fargo & Co's stock symbol?
Wells Fargo & Co trades on the New York Stock Exchange (NYSE) under the ticker symbol "WFC."
How often does Wells Fargo & Co pay dividends? What is the dividend yield for Wells Fargo & Co?
Wells Fargo & Co declared a quarterly dividend on Tuesday, April 23rd. Investors of record on Friday, May 10th will be given a dividend of $0.45 per share on Saturday, June 1st. This represents a $1.80 annualized dividend and a yield of 3.79%. The ex-dividend date of this dividend is Thursday, May 9th. View Wells Fargo & Co's Dividend History.
How will Wells Fargo & Co's stock buyback program work?
Wells Fargo & Co announced that its board has initiated a share repurchase plan on Tuesday, October 23rd 2018, which permits the company to repurchase 350,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.
How were Wells Fargo & Co's earnings last quarter?
Wells Fargo & Co (NYSE:WFC) posted its quarterly earnings data on Friday, April, 12th. The financial services provider reported $1.20 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.08 by $0.12. The financial services provider earned $21.61 billion during the quarter, compared to analysts' expectations of $20.89 billion. Wells Fargo & Co had a net margin of 22.59% and a return on equity of 13.37%. During the same quarter last year, the company posted $0.96 earnings per share. View Wells Fargo & Co's Earnings History.
When is Wells Fargo & Co's next earnings date?
What price target have analysts set for WFC?
19 analysts have issued 12-month target prices for Wells Fargo & Co's stock. Their forecasts range from $45.50 to $63.00. On average, they anticipate Wells Fargo & Co's stock price to reach $55.9053 in the next year. This suggests a possible upside of 17.7% from the stock's current price. View Analyst Price Targets for Wells Fargo & Co.
What is the consensus analysts' recommendation for Wells Fargo & Co?
19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wells Fargo & Co in the last year. There are currently 12 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Wells Fargo & Co.
Has Wells Fargo & Co been receiving favorable news coverage?
Press coverage about WFC stock has trended somewhat negative this week, according to InfoTrie. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Wells Fargo & Co earned a news sentiment score of -1.5 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future.
Who are some of Wells Fargo & Co's key competitors?
Some companies that are related to Wells Fargo & Co include JPMorgan Chase & Co. (JPM), Bank of America (BAC), Citigroup (C), U.S. Bancorp (USB), Industrial & Cmrcl Bnk f China (IDCBY), PNC Financial Services Group (PNC), DBS GRP HOLDING/S (DBSDY), UBS Group (UBS), National Australia Bank (NABZY), Intesa Sanpaolo (ISNPY), Capital One Financial (COF), Mizuho Financial Group (MFG), BB&T (BBT), BANCO DO BRASIL/S (BDORY) and SunTrust Banks (STI).
What other stocks do shareholders of Wells Fargo & Co own?
Who are Wells Fargo & Co's key executives?
Wells Fargo & Co's management team includes the folowing people:
- Mr. John Richard Shrewsberry, Sr. EVP & CFO (Age 53)
- Ms. Avid Modjtabai, Sr. EVP of Payments, Virtual Solutions & Innovation (Age 57)
- Mr. Petros G. Pelos, Sr. Exec. VP of Wholesale Banking (Age 55)
- Ms. Mary Tabb Mack, Head of Consumer Banking (Age 56)
- Mr. C. Allen Parker, Interim CEO, Pres & Director (Age 64)
Who are Wells Fargo & Co's major shareholders?
Wells Fargo & Co's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Alecta Pensionsforsakring Omsesidigt (0.30%), Strs Ohio (0.08%), USS Investment Management Ltd (0.07%), Retirement Systems of Alabama (0.05%), Gateway Investment Advisers LLC (0.04%) and Factory Mutual Insurance Co. (0.04%). Company insiders that own Wells Fargo & Co stock include Avid Modjtabai, David M Carroll, Hope A Hardison, John R Shrewsberry, Mary T Mack, Michael J Loughlin, Petros G Pelos, Richard Levy and Ronald Sargent. View Institutional Ownership Trends for Wells Fargo & Co.
Which institutional investors are selling Wells Fargo & Co stock?
WFC stock was sold by a variety of institutional investors in the last quarter, including Los Angeles Capital Management & Equity Research Inc., Lourd Capital LLC, USS Investment Management Ltd, Factory Mutual Insurance Co., Mondrian Investment Partners LTD, Cynosure Management LLC, Investec Asset Management LTD and Meeder Asset Management Inc.. Company insiders that have sold Wells Fargo & Co company stock in the last year include Avid Modjtabai, Hope A Hardison and Petros G Pelos. View Insider Buying and Selling for Wells Fargo & Co.
Which institutional investors are buying Wells Fargo & Co stock?
WFC stock was bought by a variety of institutional investors in the last quarter, including Alecta Pensionsforsakring Omsesidigt, Pacer Advisors Inc., 6 Meridian, Baxter Bros Inc., Manning & Napier Group LLC, PM CAPITAL Ltd, Centre Asset Management LLC and Mercer Global Advisors Inc. ADV. View Insider Buying and Selling for Wells Fargo & Co.
How do I buy shares of Wells Fargo & Co?
Shares of WFC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Wells Fargo & Co's stock price today?
One share of WFC stock can currently be purchased for approximately $47.51.
How big of a company is Wells Fargo & Co?
Wells Fargo & Co has a market capitalization of $231.74 billion and generates $101.06 billion in revenue each year. The financial services provider earns $22.39 billion in net income (profit) each year or $4.38 on an earnings per share basis. Wells Fargo & Co employs 259,000 workers across the globe.
What is Wells Fargo & Co's official website?
How can I contact Wells Fargo & Co?
Wells Fargo & Co's mailing address is 420 MONTGOMERY STREET, SAN FRANCISCO CA, 94163. The financial services provider can be reached via phone at 866-878-5865 or via email at [email protected]
MarketBeat Community Rating for Wells Fargo & Co (NYSE WFC)
MarketBeat's community ratings are surveys of what our community members think about Wells Fargo & Co and other stocks. Vote "Outperform" if you believe WFC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WFC will underperform the S&P 500 over the long term. You may vote once every thirty days.
