Wells Fargo Stock Today

WFC Stock  USD 56.54  3.62  6.02%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Wells Fargo is trading at 56.54 as of the 12th of July 2024, a 6.02% down since the beginning of the trading day. The stock's open price was 60.16. Wells Fargo has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat modest performance during the last 90 days. Note, on June 20, 2024, Representative Michael McCaul of US Congress acquired $15k to $50k worth of Wells Fargo's common stock.
Business Domain
Banks
IPO Date
1st of June 1972
Category
Financial Services
Classification
Financials
Wells Fargo Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. Wells Fargo Company was founded in 1852 and is headquartered in San Francisco, California. The company has 3.49 B outstanding shares of which 38.79 M shares are at this time shorted by investors with about 2.56 days to cover. More on Wells Fargo

Moving together with Wells Stock

  0.67C Citigroup Fiscal Year End 10th of January 2025 PairCorr

Wells Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOCharles Scharf
Thematic Ideas
Showing 3 out of 4 themes
Old NameWells Fargo & Company
Business ConcentrationDiversified Banks, Banks - Diversified, Financial Services, NYSE Composite, SP 500 Index, SP 100, SP 100 Index, KBW Bank, NYSE 100 Index, ARCA Institutional, ARCA Major Markets, Dividend Beast, Momentum, FinTech, Baby Boomer Prospects, Financials, Banks, Banks—Diversified, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.01320.0099
Significantly Up
Slightly volatile
Asset Turnover0.06710.0427
Way Up
Slightly volatile
Total Current Liabilities67.6 B71.2 B
Notably Down
Pretty Stable
Non Current Liabilities Total114 B207.6 B
Way Down
Pretty Stable
Total Assets979.5 B1.9 T
Way Down
Slightly volatile
Total Current Assets169.9 B113.5 B
Way Up
Pretty Stable
Debt Levels
Wells Fargo can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Wells Fargo's financial leverage. It provides some insight into what part of Wells Fargo's total assets is financed by creditors.
Liquidity
Wells Fargo has 219.47 B in debt with debt to equity (D/E) ratio of 8.26, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Note however, debt could still be an excellent tool for Wells to invest in growth at high rates of return.

Stock Based Compensation

839.33 Million
Wells Fargo (WFC) is traded on New York Stock Exchange in USA. It is located in 420 Montgomery Street, San Francisco, CA, United States, 94104 and employs 224,824 people. Wells Fargo is listed under Diversified Banks category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a total capitalization of 209.74 B. Wells Fargo runs under Banks sector within Financials industry. The entity has 3.49 B outstanding shares of which 38.79 M shares are at this time shorted by investors with about 2.56 days to cover. Wells Fargo has about 358.38 B in cash with 40.36 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 94.05.
Check Wells Fargo Probability Of Bankruptcy
Ownership Allocation
Wells Fargo retains a total of 3.49 Billion outstanding shares. The majority of Wells Fargo outstanding shares are owned by institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in Wells Fargo to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in Wells Fargo. Please pay attention to any change in the institutional holdings of Wells Fargo as this could imply that something significant has changed or is about to change at the company. Please note that on June 20, 2024, Representative Michael McCaul of US Congress acquired $15k to $50k worth of Wells Fargo's common stock.
Check Wells Ownership Details

Wells Stock Institutional Holders

InstituionRecorded OnShares
State Farm Mutual Automobile Ins Co2024-03-31
45.4 M
Primecap Management Company2024-03-31
42.4 M
Amvescap Plc.2024-03-31
40 M
Morgan Stanley - Brokerage Accounts2024-03-31
39.5 M
Ameriprise Financial Inc2024-03-31
37.5 M
Northern Trust Corp2024-03-31
33.3 M
Arrowstreet Capital Limited Partnership2024-03-31
31 M
Nuveen Asset Management, Llc2024-03-31
29.8 M
Sanders Capital, Llc2024-03-31
25 M
Vanguard Group Inc2024-03-31
317.7 M
Blackrock Inc2024-03-31
259.4 M
View Wells Fargo Diagnostics

Wells Fargo Historical Income Statement

At present, Wells Fargo's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 58.3 B, whereas Operating Income is forecasted to decline to about 17.1 B. View More Fundamentals

Wells Stock Against Markets

Wells Fargo Corporate Directors

Mark ChancyIndependent DirectorProfile
Donald JamesIndependent DirectorProfile
Ronald SargentIndependent DirectorProfile
Theodore CraverIndependent DirectorProfile

Already Invested in Wells Fargo?

The danger of trading Wells Fargo is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Wells Fargo is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Wells Fargo. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wells Fargo is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Information and Resources on Investing in Wells Stock

When determining whether Wells Fargo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wells Fargo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wells Fargo Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wells Fargo Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wells Fargo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For information on how to trade Wells Stock refer to our How to Trade Wells Stock guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wells Fargo. If investors know Wells will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wells Fargo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Dividend Share
1.35
Earnings Share
4.8
Revenue Per Share
21.366
Quarterly Revenue Growth
0.021
The market value of Wells Fargo is measured differently than its book value, which is the value of Wells that is recorded on the company's balance sheet. Investors also form their own opinion of Wells Fargo's value that differs from its market value or its book value, called intrinsic value, which is Wells Fargo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wells Fargo's market value can be influenced by many factors that don't directly affect Wells Fargo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wells Fargo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wells Fargo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wells Fargo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.