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. Stockholders 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 dividend on an annualized basis and a dividend yield of 3.76%. The ex-dividend date 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 of Directors has initiated a share repurchase program on Tuesday, October 23rd 2018, which permits the company to buyback 350,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its shares are undervalued.
How were Wells Fargo & Co's earnings last quarter?
Wells Fargo & Co (NYSE:WFC) issued its earnings results on Friday, April, 12th. The financial services provider reported $1.20 earnings per share for the quarter, beating analysts' consensus estimates of $1.08 by $0.12. The financial services provider had revenue of $21.61 billion for the quarter, compared to analysts' expectations of $20.89 billion. Wells Fargo & Co had a return on equity of 13.37% and a net margin of 22.59%. During the same period in the previous year, the company earned $0.96 EPS. 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 equities research analysts have issued 12 month price objectives for Wells Fargo & Co's stock. Their predictions range from $45.50 to $63.00. On average, they expect Wells Fargo & Co's share price to reach $55.9053 in the next year. This suggests a possible upside of 16.7% 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?
Media coverage about WFC stock has been trending somewhat positive this week, according to InfoTrie. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Wells Fargo & Co earned a media sentiment score of 1.5 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock'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 variety of of retail and institutional investors. Top institutional investors include Strs Ohio (0.08%), USS Investment Management Ltd (0.07%), Retirement Systems of Alabama (0.05%), Gateway Investment Advisers LLC (0.04%), Factory Mutual Insurance Co. (0.04%) and Nisa Investment Advisors LLC (0.03%). 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 Lourd Capital LLC, USS Investment Management Ltd, Factory Mutual Insurance Co., Mondrian Investment Partners LTD, Cynosure Management LLC, Investec Asset Management LTD, Meeder Asset Management Inc. and DNB Asset Management AS. 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 acquired by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., 6 Meridian, Baxter Bros Inc., Manning & Napier Group LLC, PM CAPITAL Ltd, Centre Asset Management LLC, Mercer Global Advisors Inc. ADV and PGGM Investments. 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 $47.91.
How big of a company is Wells Fargo & Co?
Wells Fargo & Co has a market capitalization of $233.69 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.
