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Wells Fargo & Co

WFC

Latest Trade

46.34USD

Change

0.40(+0.87%)

Volume

7,153,214

Today's Range

45.97

 - 

46.81

52 Week Range

20.76

 - 

48.13

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
45.94
Open
46.04
Volume
7,153,214
3M AVG Volume
565.04
Today's High
46.81
Today's Low
45.97
52 Week High
48.13
52 Week Low
20.76
Shares Out (MIL)
4,106.41
Market Cap (MIL)
188,648.50
Forward P/E
10.56
Dividend (Yield %)
1.74

Next Event

Dividend For WFC.N - 0.2000 USD

Latest Developments

More

Wells Fargo & Company Increases Common Stock Dividend

Wells Fargo CFO Says Starting To See Consumer Spending Like It Was Pre-pandemic

Wells Fargo CEO Says "Not Even Thinking About What Life Is Like Without Asset Cap"

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About Wells Fargo & Co

Wells Fargo & Company is a bank holding company. The Company is a diversified financial services company. The Company provides banking, investment and mortgage products and services, through banking locations and offices, the Internet and other distribution channels to individuals, businesses and institutions in states, the District of Columbia and in countries outside the United States. The Company provides consumer financial products and services including checking and savings accounts, credit and debit cards, and auto, mortgage and home equity, and small business lending. It provides other offer financial planning, private banking, investment management, and fiduciary services. The Company also provides financial solutions to businesses through products and services including traditional commercial loans and lines of credit, letters of credit, asset-based lending, trade financing, treasury management, and investment banking services.

Industry

Regional Banks

Contact Info

420 Montgomery St

SAN FRANCISCO, CA

94104-1207

United States

+1.612.6671234

https://www.wellsfargo.com

Executive Leadership

Charles H. Noski

Independent Chairman of the Board

Charles W. Scharf

President, Chief Executive Officer, Director

Michael P. Santomassimo

Chief Financial Officer, Senior Executive Vice President

William M. Daley

Vice Chairman of Public Affairs

Scott E. Powell

Chief Operating Officer, Senior Executive Vice President

Key Stats

2.18 mean rating - 28 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2018

86.4K

2019

85.1K

2020

72.3K

2021(E)

75.0K
EPS (USD)

2018

4.280

2019

4.050

2020

0.410

2021(E)

4.328
Price To Earnings (TTM)
13.32
Price To Sales (TTM)
2.50
Price To Book (MRQ)
1.11
Price To Cash Flow (TTM)
7.75
Total Debt To Equity (MRQ)
117.79
LT Debt To Equity (MRQ)
93.93
Return on Investment (TTM)
--
Return on Equity (TTM)
0.86

Latest News

Latest News

Wells Fargo U.S. staff will return to office starting Sept. 7 - memo

Wells Fargo & Co's U.S. staff working from home will begin returning to office from Sept. 7 and the process will continue through October, Chief Operating Officer Scott Powell told employees on Friday.

Biggest U.S. banks smash profit estimates as economy revives

(This Jul.14 story corrects quote in paragraph 13 to show Wells Fargo CFO was comparing current consumer spending to 2019, not 2018 as previously stated)

Wells Fargo wary on prospect of asset restriction easing

Wells Fargo & Co's Chief Executive Officer Charlie Scharf said the bank was not yet planning for the end of a damaging asset cap imposed by regulators after it smashed Wall Street estimates for second-quarter earnings.

BRIEF-Wells Fargo CEO Says "Not Even Thinking About What Life Is Like Without Asset Cap"

* CEO CHARLES SCHARF SAYS "REGARDING OUR WORK ON CONSENT ORDERS AND OTHER REGULATORY REQUIREMENTS, THE WORK REMAINING IS SIGNIFICANT"- CONF CALL

Wells Fargo swings to profit on reserve release boost, cost cuts

Wells Fargo & Co swung to a profit in the second quarter, the bank said on Wednesday, as it released funds set aside to cover soured loans, while costs tied to its years-old sales practices scandal stabilized.

Chicago says Wells Fargo can't shield data in fair lending case

An attorney for Illinois' Cook County urged a federal judge on Thursday to order Wells Fargo to turn over information its lawyers used to assess the bank's compliance with fair lending laws, saying the data was "crucial" to its lawsuit accusing the bank of predatory lending.

Wells Fargo to close all personal lines of credit - CNBC

Wells Fargo & Co is shutting down all existing personal lines of credit and is not offering the consumer lending product anymore, CNBC reported on Thursday, citing letters from the bank.

Wells Fargo appoints insider Nipul Patel to lead real estate banking

Wells Fargo & Co said on Thursday it appointed veteran Nipul Patel to lead real estate banking, effective July 15.

Wall Street banks hike shareholder payouts after Fed gives the green light

Morgan Stanley, JPMorgan, Bank of America, Goldman Sachs and Wells Fargo said on Monday they were hiking their capital payouts after the U.S. Federal Reserve gave them a clean bill of health following their annual "stress tests" last week.

Wells Fargo announces $18 bln buyback plan, doubles dividend

Wells Fargo & Co said on Monday it planned to repurchase $18 billion worth of shares for the period between the third quarter of 2021 and the second quarter of 2022.

UPDATE 1-JPMorgan, UBS, Wells Fargo to allow U.S. employees take day off for Juneteenth

JPMorgan Chase & Co will give its U.S. employees one floating day off for the newly implemented Juneteenth federal holiday, according to an internal memo seen by Reuters.

Wells Fargo CFO sticks with 2021 net interest income guidance

Wells Fargo & Co Chief Financial Officer Mike Santomassimo said on Tuesday that the bank is standing by its previous guidance that net interest income for 2021 will be flat-to-down 4% from the annualized level seen in last year's fourth quarter.

JPMorgan appoints Goldman, Wells Fargo execs to lead growth equity arm

JPMorgan Chase & Co on Monday launched a new division in its asset management business that will give institutional and high-net-worth clients opportunities to invest in and lend to young, fast-growing companies.

JPMorgan appoints Goldman Sachs, Wells Fargo executives to lead growth equity arm

JPMorgan Chase & Co on Monday appointed Christopher Dawe and Osei Van Horne, executives of Goldman Sachs Group Inc and Wells Fargo & Co, respectively, as managing partners to lead its new growth equity platform. (Reporting by Sohini Podder in Bengaluru; Editing by Amy Caren...

Wall Street bank CEOs face fee criticism in second round with Congress

The heads of major U.S. retail banks faced renewed criticism Thursday from Democratic lawmakers who said financial institutions should not have charged Americans billions of dollars in overdraft and other fees during the pandemic.

Wells Fargo names Ulrike Guigui as head of payments strategy

Wells Fargo & Co said on Monday consumer finance veteran Ulrike Guigui will become the head of payments strategy at the bank, starting June 1.

Berkshire sheds nearly all of Wells Fargo, a holding since 1989

Berkshire Hathaway Inc has sold nearly all of its holdings in Wells Fargo & Co, as Warren Buffett abandoned a more than 31-year-old investment that had been among his most successful before the bank was felled by scandals for mistreating customers. In a regulatory filing...

Wells Fargo to face ERISA lawsuit over self-dealing in employees' 401(k)s

A former Wells Fargo employee can proceed with a potential class action accusing the lender of violating ERISA by shortchanging its own 401(k) plan participants by steering their investments into the bank’s proprietary or affiliated investment vehicles, even though lower-cost...

Wells Fargo says U.S. consumer watchdog has opened new probe on mishandling of accounts

Wells Fargo and Co. is facing a new probe from the U.S. consumer watchdog over how it disclosed and assessed monthly fees on certain consumer bank accounts in 2016, the bank disclosed in a regulatory filing on Thursday.

U.S. Supreme Court refuses to revive Wells Fargo accounts scandal suit

The U.S. Supreme Court on Monday rebuffed a bid by current and former employees of Wells Fargo & Co to revive a lawsuit over losses to their retirement plan following a scandal over fake accounts that rattled the bank in 2016 and led to billions of dollars in fines and penalties...

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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