US stock · Financial Services sector · Banks—Diversified
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Wells Fargo & Company

WFCNYSE

42.13

USD
-0.24
(-0.57%)
Market Closed
11.06P/E
9Forward P/E
0.45P/E to S&P500
158.081BMarket CAP
2.71%Div Yield
Upcoming Earnings
14 Jul
Shares Short
5/31/23
36.01M
Short % of Float
0.96%
Short % of Shares Outs.
0.96%
% Held by Insiders
0.09%
% Held by Institutions
76.09%
Beta
1.12
PEG Ratio
1.55
52w. high/low
48.84/35.25
Avg. Daily Volume
27.12M
Return %
Stock
S&P 500
1 year
(2.91)
5.55
3 years
31.18
33.85
5 years
(23.49)
54.93
Scale: |
High
Low
44.67
19.89
31.53
7.80
34.25
23.02
34.25
22.58
36.60
27.94
45.64
34.43
55.95
44.17
58.77
47.75
58.02
43.55
62.24
49.27
66.31
43.02
54.75
43.34
54.03
20.76
52.56
29.40
60.30
36.54
48.84
35.25
Currency: USD
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
TTM
Revenue per share
11.54
12.62
19.47
16.15
15.06
16.00
15.57
15.65
16.32
17.16
17.38
18.00
19.36
17.57
19.32
18.17
20.27
Earnings per share
2.41
0.79
2.70
2.37
3.01
3.57
4.14
4.40
4.46
4.34
4.47
4.67
4.45
0.80
5.30
3.25
3.53
FCF per share
2.71
(1.43)
6.30
3.59
2.59
11.07
10.90
3.35
2.88
0.03
3.77
7.52
1.53
0.50
(2.84)
6.66
9.03
Dividends per share
1.18
1.28
0.95
0.34
0.64
1.03
1.32
1.55
1.72
1.79
1.83
1.94
2.18
1.49
0.89
1.30
1.14
CAPEX per share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per sh.
14.22
29.33
24.59
24.18
26.57
29.80
32.18
35.21
37.57
39.50
41.68
40.87
42.60
44.90
46.19
44.29
47.10
Comm.Shares outs.
3,349
3,378
4,545
5,227
5,278
5,288
5,287
5,237
5,137
5,053
4,965
4,800
4,393
4,118
4,062
4,062
3,794
Avg. annual P/E ratio
14.4
37.7
8.5
11.8
9.3
9.2
9.7
11.4
12.2
11.3
12.3
11.9
11.0
37.9
8.2
14.2
11.1
P/E to S&P500
0.8
1.8
0.1
0.6
0.6
0.6
0.6
0.6
0.6
0.5
0.5
0.5
0.5
1.0
0.3
0.7
0.5
Avg. annual div. yield
3.4%
4.3%
4.1%
1.2%
2.3%
3.1%
3.3%
3.1%
3.2%
3.7%
3.3%
3.5%
4.5%
4.9%
2.0%
2.8%
2.7%
Revenue (m)
38,656
42,634
88,501
84,431
79,466
84,601
82,308
81,967
83,827
86,728
86,273
86,408
85,063
72,340
78,492
73,785
76,922
Operating margin
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
34.8%
Depreciation (m)
1,532
1,669
2,841
1,924
2,208
2,807
3,293
2,515
3,288
4,970
5,406
5,593
7,075
8,736
7,890
- -
5,041
Net profit (m)
8,057
2,655
12,275
12,362
15,869
18,897
21,878
23,057
22,894
21,938
22,183
22,393
19,549
3,301
21,548
13,182
14,502
Income tax rate
30.7%
18.5%
29.6%
33.4%
31.5%
32.0%
31.9%
30.4%
30.8%
31.4%
18.0%
19.8%
17.2%
(517.2)%
19.4%
13.9%
12.2%
Net profit margin
20.8%
6.2%
13.9%
14.6%
20.0%
22.3%
26.6%
28.1%
27.3%
25.3%
25.7%
25.9%
23.0%
4.6%
27.5%
17.9%
18.8%
Working capital (m)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
240,647
Long-term debt (m)
99,393
267,158
203,861
156,983
125,354
127,379
152,998
183,943
199,536
255,077
225,020
229,044
228,191
212,950
160,689
174,870
173,466
Equity (m)
47,628
99,084
111,786
126,408
140,241
157,554
170,142
184,394
192,998
199,581
206,936
196,166
187,146
184,887
187,606
179,889
181,168
ROIC
3.1%
0.8%
1.6%
1.4%
1.6%
1.6%
1.6%
1.5%
1.4%
1.3%
1.5%
1.8%
1.8%
2.6%
1.3%
1.1%
1.3%
Return on capital
4.5%
1.0%
2.2%
2.1%
2.3%
2.3%
2.4%
2.2%
2.1%
2.0%
1.9%
2.3%
2.2%
0.4%
1.6%
1.3%
1.4%
Return on equity
16.9%
2.7%
11.0%
9.8%
11.3%
12.0%
12.9%
12.5%
11.9%
11.0%
10.7%
11.4%
10.4%
1.8%
11.5%
7.3%
8.0%
Plowback ratio
50.9%
(62.4)%
66.0%
85.9%
79.1%
71.8%
68.6%
65.5%
62.1%
59.0%
59.4%
59.3%
52.2%
(71.3)%
84.4%
58.9%
68.9%
Div.&Repurch./FCF
104.6%
170.5%
26.4%
2.7%
32.9%
12.4%
17.5%
89.7%
106.9%
9,313.0%
95.1%
87.2%
524.4%
613.7%
(214.9)%
41.9%
12.7%
Capital Structure
2 May · 2023 | Q1
All numbers in millions
Total liabilities
$ 1,703,180
Total assets
$ 1,886,400
Long-term debt
$ 173,466
Cash and equiv.
$ 162,436
Goodwill
$ 25,173
Retained earnings
$ 191,688
Common stock
3,786
Enterprise Value
$ 169,111
Working Capital
Currency: USD, in millions
2020
2021
2022
Cash & Investments
316,056
236,731
272,751
Receivables
58,824
39,305
14,908
Inventory
- -
- -
- -
Other
(374,880)
(306,418)
(393,114)
Current assets
- -
- -
- -
Acc. Payable
- -
- -
- -
Debt due
12,637
13,218
51,145
Other
(12,637)
(13,218)
(51,145)
Current liabilities
- -
- -
- -
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
(6.00)%
(3.50)%
(1.01)%
Cash flow
(334.69)%
(286.87)%
1,082.13%
Earnings
(38.82)%
104.53%
46.74%
Dividends
45.93%
(7.00)%
0.29%
Book value
(4.11)%
(2.11)%
0.72%
Insider Trading
Type
Shares
Date
Wells Fargo & Company/Mn
Other
1,290
05/30/23
Wells Fargo & Company/Mn
Other
1,400
05/30/23
Kerrins Tracy M
- -
05/15/23
Kerrins Tracy M
- -
05/15/23
Kerrins Tracy M
5,780
05/15/23
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2021
18,063
20,270
18,834
20,856
78,023
2022
17,592
17,028
19,505
19,660
73,785
2023
20,729
- -
- -
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
1.17
1.49
1.26
1.58
5.49
2022
0.90
0.77
0.87
0.71
3.25
2023
1.32
- -
- -
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
0.16
0.19
0.26
0.28
0.89
2022
0.29
0.32
0.33
0.36
1.30
2023
0.06
- -
- -
- -
- -
Company Description
Sector:
Financial Services
Industry:
Banks—Diversified
CEO:
Mr. Charles W. Scharf
Full-time employees:
235,591
City:
San Francisco
Address:
420 Montgomery Street
IPO:
Dec 10, 1962
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. It operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The Consumer Banking and Lending segment offers diversified financial products and services for consumers and small businesses. Its financial products and services include checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services. The Commercial Banking segment provides financial solutions to private, family owned, and certain public companies. Its products and services include banking and credit products across various industry sectors and municipalities, secured lending and lease products, and treasury management services. The Corporate and Investment Banking segment offers a suite of capital markets, banking, and financial products and services to corporate, commercial real estate, government, and institutional clients. Its products and services comprise corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity, and fixed income solutions, as well as sales, trading, and research capabilities services. The Wealth and Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, and trust and fiduciary products and services to affluent, high-net worth, and ultra-high-net worth clients. It also operates through financial advisors. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.
Recent News
· 16 May, 2023 · The Wall Street Journal
· 14 Apr, 2023 · The Wall Street Journal
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