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.
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Industry, Sector and Symbol
Industry National commercial banks
Sub-IndustryDiversified Banks
SectorFinance
Phone866-249-3302
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$103.92 billion
Profitability
Miscellaneous
Employees259,000
Next Earnings Date4/10/2020 (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, January 28th. Investors of record on Friday, February 7th will be given a dividend of $0.51 per share on Sunday, March 1st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.23%. The ex-dividend date is Thursday, February 6th. 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 buyback plan on Tuesday, July 23rd 2019, which permits the company to buyback 350,000,000 shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company's management believes its shares are undervalued.
How were Wells Fargo & Co's earnings last quarter?
Wells Fargo & Co (NYSE:WFC) released its quarterly earnings data on Tuesday, January, 14th. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.10 by $0.17. The financial services provider earned $19.86 billion during the quarter, compared to analysts' expectations of $20.11 billion. Wells Fargo & Co had a return on equity of 12.11% and a net margin of 18.81%. Wells Fargo & Co's quarterly revenue was down 5.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.21 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?
22 brokerages have issued 1-year price targets for Wells Fargo & Co's shares. Their forecasts range from $42.00 to $60.00. On average, they anticipate Wells Fargo & Co's share price to reach $49.98 in the next year. This suggests a possible upside of 3.6% from the stock's current price. View Analyst Price Targets for Wells Fargo & Co.
What is the consensus analysts' recommendation for Wells Fargo & Co?
22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wells Fargo & Co in the last year. There are currently 6 sell ratings, 15 hold ratings and 1 buy rating 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?
News headlines about WFC stock have trended somewhat positive on Tuesday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog 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 news sentiment score of 1.1 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Wells Fargo & Co.
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), Industrial & Cmrcl Bnk f China (IDCBY), Citigroup (C), U.S. Bancorp (USB), PNC Financial Services Group (PNC), National Australia Bank (NABZY), UBS Group (UBS), Capital One Financial (COF), Intesa Sanpaolo (ISNPY), DBS GRP HOLDING/S (DBSDY), Truist Financial (TFC), Mizuho Financial Group (MFG), 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 many different of institutional and retail investors. Top institutional shareholders include Franklin Resources Inc. (1.29%), Massachusetts Financial Services Co. MA (0.82%), Longview Partners Guernsey LTD (0.61%), Boston Partners (0.48%), Hotchkis & Wiley Capital Management LLC (0.48%) and Sanders Capital LLC (0.47%). Company insiders that own Wells Fargo & Co stock include Avid Modjtabai, Hope A Hardison and Petros G Pelos. 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 Barrow Hanley Mewhinney & Strauss LLC, Franklin Resources Inc., Theleme Partners LLP, FIL Ltd, Massachusetts Financial Services Co. MA, Renaissance Technologies LLC, Schroder Investment Management Group and CI Investments Inc.. 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 Amundi Pioneer Asset Management Inc., M&G Investment Management Ltd., Sanders Capital LLC, Toronto Dominion Bank, Latash Investments LLC, Ceredex Value Advisors LLC, MUFG Securities EMEA plc and Value Partner Investments Inc.. 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, Robinhood, Fidelity and Charles Schwab.
What is Wells Fargo & Co's stock price today?
One share of WFC stock can currently be purchased for approximately $48.22.
How big of a company is Wells Fargo & Co?
Wells Fargo & Co has a market capitalization of $203.94 billion and generates $103.92 billion in revenue each year. The financial services provider earns $19.55 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.View Additional Information About Wells Fargo & Co.
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 866-249-3302 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.
