WFC
NYSE · USDWells Fargo & Company
Financial Services · Banks - Diversified
CEO Charles W. Scharf
Employees 197,466
R&D / revenue 0.0%
Last price
$83.87+1.35%last session
Market cap
$253.6B
P/E (TTM)
11.6x
From 52w high
−14.2%
From 52w low
+15.2%
1-year return
+0.4%
RSI 14 · vs SMA200
52.4 · −0.2%
IS score
42.7/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)
One year, rebased to 100
WFC SPY XLF (sector ETF) · weekly closesScore DNA
Each bar is a 0-100 score within the scored universe60Profitability
51Growth
83Value
66Momentum
100Risk (safety)
52Quality
45Balance sheet
88Earnings quality
Flags
Strengths
✓ Net cash✓ Congress buying
Warnings
None of the computed warning flags fires for WFC (Altman, Beneish, accruals, FCF, dilution).
Observations
Moat model: Narrow, Efficient ScalePiotroski 5 / 9Beta 0.923 of 4 smart-money sources active
Smart-money strip
Each disclosure source on its own window. Filings coinciding is not coordination.INSForm 4 · 180 days
Insider open-market buys
0
No open-market sales on file
No Form 144 notices in 12 months
CONGSTOCK Act · 180 days
Congressional purchases
14
Last disclosed purchase 2026-09-25
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+62
206 new holders, 110 closed
2,888 filers hold 77.3% · 1,090 added, 1,148 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+123
1,326 funds adding shares
1,203 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
47.6%
20-day avg 30.9%, 50-day avg 36.2%
Latest 16.7 pp over its 20-day average · a flow, not short interest
Key financials · FY2025
USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.Income statement
Revenue$123.5B
Revenue growth YoY−1.5%
Gross margin64.8%
Operating income$25.2B
Operating margin20.4%
Net income$21.3B
Net margin17.3%
EPS (diluted)$6.32
Cash flow
Operating cash flow−$19.0B
Capital expenditure$0
Free cash flow−$19.0B
FCF conversion (FCF / OCF)100.0%
Stock-based compensation$0
FCF less SBC−$19.0B
Buybacks$19.5B
Dividends$6.5B
Balance sheet & returns
Cash & short-term investments$471.6B
Total debt$425.7B
Net cash$45.8B
Shareholders' equity$183.0B
Goodwill & intangibles$31.3B
Debt / equity1.26
ROE (TTM)12.9%
ROIC (TTM)6.2%
Operating margin by fiscal year
Revenue $83.1B (FY2021) to $123.5B (FY2025), a 10.4% CAGR.
Valuation
P/E (TTM)11.6x
EV / EBITDA13.0x
Price / sales1.94x
Price / FCF13.2x
FCF yield7.56%
Buyback yield7.69%
SBC / revenue0.0%
Price / book1.44x
Forward P/E FY202611.4x
Forward P/E FY202710.4x
Forward P/E FY20289.2x
Forward multiples divide today's price by Street EPS estimates. Street mean target $96.67 across 6 analysts last quarter is theirs, not ours.
WFC vs industry median
44 companies in Banks - Diversified
WFC (TTM)Industry median
Asset turnover 0.06 vs industry 0.05 · financial leverage 12.82
Earnings delivery
Next report 2027-01-14 · consensus EPS $1.8483%
beat rate, 10 of 12 quarters
+8.4%
median EPS surprise
8
longest beat streak
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2024-01-12 to 2026-10-13. Bars cap at ±60%.
Peers
Market-cap band, not the industry cohort above| Company | Mkt cap | P/E | ROE | Net margin | Rev growth | 12m return |
|---|---|---|---|---|---|---|
| WFC Wells Fargo & Company | $253.6B | 11.6x | 12.9% | 17.6% | −1.5% | +0.4% |
| C Citigroup Inc. | $208.4B | 12.0x | 8.4% | 12.9% | +3.9% | +31.8% |
| HSBC HSBC Holdings plc | $324.6B | 13.5x | 13.8% | 23.2% | +8.7% | +44.1% |
| BAC Bank of America Corporation | $358.2B | 12.0x | 11.2% | 18.4% | +3.0% | +2.1% |
| UBS UBS Group AG | $146.0B | 16.1x | 9.6% | 15.6% | +1.4% | +22.7% |
| JPM JPMorgan Chase & Co. | $903.0B | 14.2x | 17.8% | 25.7% | +8.0% | — |
| GS The Goldman Sachs Group, Inc | $256.6B | 12.5x | 17.0% | 17.2% | −6.8% | — |
| MS Morgan Stanley | $284.8B | 14.2x | 18.5% | 16.2% | +16.7% | — |
12-month window: SPY +15.9%, sector ETF XLF +7.2%. Past returns describe history only.
Recent 8-K filings
No 8-K filings on file.
Context
Shares outstanding3,024,000,000
Free float99.8%
Institutional ownership77.3%
Beta0.92
Dividend yield2.21%
Last dividend$0.50 on 2026-08-07
50 / 200-day average$85.27 / $84.22
Mega-cap Financial Services median P/E14.6x
Full factsheet
The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Narrow).
Read it in the browser Download (PDF)All fundamentals · 140 measures in 13 categories
Percentile = where WFC sits among 6 scored companies in Banks - Diversified (0 = lowest value, 100 = highest). It is a position, not a grade. Balance-sheet ratios built for operating companies are n/a for lenders and insurers.ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)
Valuation
| Measure | WFC | Industry percentile |
|---|---|---|
| P/E (TTM) | 11.2x | 20th |
| PEG (P/E ÷ 3-yr EPS CAGR) | 0.60 | 0th |
| Price / sales | 2.0x | 40th |
| Price / book | 1.4x | 40th |
| Price / tangible book | 1.6x | 20th |
| Price / free cash flow | n/a | |
| Price / operating cash flow | n/a | |
| Enterprise value | n/a | |
| EV / sales | n/a | |
| EV / EBITDA | n/a | |
| EV / EBIT | n/a | |
| EV / free cash flow | n/a | |
| Earnings yield | 8.9% | 80th |
| FCF yield | n/a | |
| Operating cash flow yield | n/a | |
| Graham number (per share) | $98.38 | 60th |
Profitability (TTM)
| Measure | WFC | Industry percentile |
|---|---|---|
| Gross margin | n/a | |
| EBITDA margin | n/a | |
| Operating margin | 21.2% | 40th |
| EBIT margin | 21.2% | 40th |
| Net margin | 17.5% | 60th |
| NOPAT margin | 17.7% | 60th |
| FCF margin | n/a | |
| Operating cash flow margin | n/a | |
| R&D / revenue | 0.0% | 0th |
| SG&A / revenue | 27.0% | 60th |
| Stock comp / revenue | 0.0% | 0th |
| Effective tax rate | 16.5% | 20th |
Returns on capital
| Measure | WFC | Industry percentile |
|---|---|---|
| ROE (on average equity) | 12.5% | 60th |
| ROA | 1.1% | 80th |
| ROIC | n/a | |
| ROCE | n/a | |
| Return on tangible assets | 1.3% | 80th |
| Cash ROIC (OCF / invested capital) | n/a | |
| Gross profitability (GP / assets) | n/a | |
| ROIC, 3-yr average | n/a | |
| ROIC, 5-yr average | n/a | |
| ROE, 5-yr average | 10.7% | 40th |
| Incremental ROIC | n/a |
Growth
| Measure | WFC | Industry percentile |
|---|---|---|
| Revenue growth (TTM YoY) | 5.5% | 60th |
| Revenue growth (QoQ) | 5.6% | 60th |
| Revenue CAGR, 3 yr | 8.6% | 0th |
| Revenue CAGR, 5 yr | 9.8% | 0th |
| Gross profit CAGR, 3 yr | n/a | |
| Operating income CAGR, 3 yr | 13.6% | 80th |
| Net income growth (TTM YoY) | 10.0% | 0th |
| Net income CAGR, 3 yr | 11.4% | 100th |
| EPS growth (TTM YoY) | 16.7% | 0th |
| EPS CAGR, 3 yr | 18.7% | 100th |
| EPS CAGR, 5 yr | 12.6% | 80th |
| FCF growth (TTM YoY) | n/a | |
| FCF CAGR, 3 yr | n/a | |
| Operating cash flow CAGR, 3 yr | n/a | |
| Book value CAGR, 3 yr | 6.5% | 40th |
| Dividend CAGR, 3 yr | 7.6% | 100th |
| Sustainable growth rate | 8.9% | 60th |
Margin history & stability
| Measure | WFC | Industry percentile |
|---|---|---|
| Gross margin, 3-yr average | n/a | |
| Operating margin, 3-yr average | 19.3% | 60th |
| Net margin, 3-yr average | 16.5% | 60th |
| FCF margin, 3-yr average | n/a | |
| Revenue stability (0-1) | 0.92 | 80th |
| Earnings stability (0-1) | 0.78 | 100th |
| Margin stability (0-1) | 0.81 | 100th |
Liquidity (latest quarter)
| Measure | WFC | Industry percentile |
|---|---|---|
| Cash & short-term investments | n/a | |
| Net cash (− = net debt) | n/a | |
| Working capital | n/a | |
| Current ratio | n/a | |
| Quick ratio | n/a | |
| Cash ratio (cash + ST investments / current liabilities) | n/a | |
| Defensive interval (days) | n/a |
Leverage & solvency (latest quarter)
| Measure | WFC | Industry percentile |
|---|---|---|
| Total debt | n/a | |
| Debt / equity | n/a | |
| Net debt / equity | n/a | |
| Debt / assets | n/a | |
| Debt / capital | n/a | |
| Debt / EBITDA | n/a | |
| Net debt / EBITDA | n/a | |
| Interest coverage (EBIT / interest) | n/a | |
| Cash interest coverage | n/a | |
| Debt payback (years of OCF) | n/a | |
| Liabilities / assets | 92.0% | 20th |
| IS credit model rating | A- | |
| Implied credit spread (bps) | 175 | 20th |
Efficiency
| Measure | WFC | Industry percentile |
|---|---|---|
| Asset turnover | n/a | |
| Fixed asset turnover | n/a | |
| Inventory turnover | n/a | |
| Receivables turnover | n/a | |
| Days sales outstanding | n/a | |
| Days inventory outstanding | n/a | |
| Days payables outstanding | n/a | |
| Cash conversion cycle (days) | n/a | |
| Capex / revenue | n/a | |
| Capex / depreciation | n/a | |
| Operating expense ratio | n/a |
Cash flow & earnings quality
| Measure | WFC | Industry percentile |
|---|---|---|
| Operating cash flow / net income | n/a | |
| FCF / net income | n/a | |
| FCF / operating cash flow | n/a | |
| Capex / operating cash flow | n/a | |
| Accruals ratio | n/a | |
| Sloan accruals ratio | n/a | |
| Earnings quality score (0-1) | n/a |
Scores & forensic checks
| Measure | WFC | Industry percentile |
|---|---|---|
| IS score | 43 | 40th |
| IS profitability | 60 | 60th |
| IS growth | 51 | 0th |
| IS value | 83 | 100th |
| IS momentum | 66 | 40th |
| IS risk (safety) | 100 | 80th |
| IS quality | 52 | 40th |
| IS balance sheet | 45 | 60th |
| IS earnings quality | 88 | 60th |
| IS cash flow | 51 | 40th |
| Piotroski F-score (0-9) | 5 | 0th |
| Altman Z-score | — | |
| Beneish M-score | — | |
| Ohlson O-score | −6.71 | 60th |
| IS credit score | 69 | 80th |
Size (TTM)
| Measure | WFC | Industry percentile |
|---|---|---|
| Market cap | $253.6B | 40th |
| Revenue | $129.1B | 20th |
| EBITDA | $35.0B | 40th |
| Net income | $22.6B | 40th |
| Free cash flow | n/a | |
| Total assets | $2.28T | 20th |
| Shareholders' equity | $180.2B | 20th |
| Employees | 197,466 | 20th |
Insider transactions, last 6 months
Form 4 · most recent 12| Date | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| 2026-10-01 | Sargent Ronald Director |
Award / grant | 530 | — | — | 72,073 |
| 2026-10-01 | Hewett Wayne M. Director |
Award / grant | 452 | — | — | 42,707 |
| 2026-10-01 | Black Steven D Director |
Award / grant | 1,153 | — | — | 59,565 |
| 2026-07-15 | Flowers Derek A. Sr. EVP and Chief Risk Officer |
Gift | 67,966 | — | — | 0 |
| 2026-07-15 | Flowers Derek A. Sr. EVP and Chief Risk Officer |
Gift | 67,966 | — | — | 341,740 |
| 2026-07-01 | Black Steven D Director |
Award / grant | 1,076 | — | — | 58,079 |
| 2026-07-01 | Sargent Ronald Director |
Award / grant | 495 | — | — | 71,135 |
| 2026-07-01 | Hewett Wayne M. Director |
Award / grant | 422 | — | — | 42,014 |
| 2026-06-15 | Rosenberg Jason M. SEVP & Head of Public Affairs |
Option exercise | 17,218 | — | — | 29,649 |
| 2026-06-15 | Rosenberg Jason M. SEVP & Head of Public Affairs |
Tax withholding | 8,079 | $83.73 | $676,496 | 21,570 |
| 2026-06-15 | Rosenberg Jason M. SEVP & Head of Public Affairs |
Option exercise | 17,218 | — | — | 0 |
| 2026-05-14 | Craver Theodore F Jr Director |
Gift | 89 | — | — | 27,201 |
Shares acquired vs disposed, by month
acquired disposed · all Form 4 typesBy transaction type, 6 months
| Type | Direction | Filings | Shares | Value |
|---|---|---|---|---|
| Award / grant | Acquired | 17 | 41,923 | — |
| Gift | Disposed | 2 | 68,055 | — |
| Gift | Acquired | 2 | 68,055 | — |
| Option exercise | Acquired | 1 | 17,218 | — |
| Option exercise | Disposed | 1 | 17,218 | — |
| Tax withholding | Disposed | 1 | 8,079 | $676,496 |
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.
Form 144 notices
| Filed | Filer | Shares proposed | Est. proceeds |
|---|---|---|---|
| None on file. | |||
A Form 144 is notice of a proposed sale, not a confirmed one.
Congress trades
12 months: House 22 trades (11 purchases) · Senate 18 (18 purchases)| Traded | Member | Chamber | Type | Amount | Disclosed |
|---|---|---|---|---|---|
| 2026-09-25 | Ro Khanna | House | Purchase | $1,001 - $15,000 | 2026-10-09 |
| 2026-09-17 | Ro Khanna | House | Purchase | $15,001 - $50,000 | 2026-10-09 |
| 2026-09-15 | Ro Khanna | House | Purchase | $1,001 - $15,000 | 2026-10-09 |
| 2026-09-15 | Ro Khanna | House | Purchase | $1,001 - $15,000 | 2026-10-09 |
| 2026-09-01 | Mitch McConnell | Senate | Purchase | $15,001 - $50,000 | 2026-09-21 |
| 2026-06-01 | Mitch McConnell | Senate | Purchase | $1,001 - $15,000 | 2026-06-30 |
| 2026-06-01 | Addison Mitchell McConnell | Senate | Purchase | $1,001 - $15,000 | 2026-06-30 |
| 2026-04-13 | Mark Warner | Senate | Purchase | $1,001 - $15,000 | 2026-05-01 |
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.
Largest 13F holders
Quarter to 2026-06-30, the latest most managers have filed| Manager | Shares | Value | % of shares out |
|---|---|---|---|
| BlackRock, Inc. | 250,601,039 | $20.7B | 8.29% |
| VANGUARD CAPITAL MANAGEMENT LLC | 199,899,163 | $16.5B | 6.61% |
| FMR LLC | 152,555,290 | $12.6B | 5.04% |
| STATE STREET CORP | 135,987,935 | $11.2B | 4.50% |
| JPMORGAN CHASE & CO | 99,614,164 | $8.3B | 3.29% |
| Capital Research Global Investors | 76,395,745 | $6.3B | 2.53% |
| GEODE CAPITAL MANAGEMENT, LLC | 73,893,386 | $6.1B | 2.44% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 62,029,564 | $5.1B | 2.05% |
| NORGES BANK | 55,487,578 | $4.6B | 1.83% |
| MORGAN STANLEY | 50,822,205 | $4.2B | 1.68% |
| BANK OF AMERICA CORP /DE/ | 40,883,892 | $3.4B | 1.35% |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO | 39,758,338 | $3.3B | 1.31% |
| WELLINGTON MANAGEMENT GROUP LLP | 39,422,141 | $3.3B | 1.30% |
| Invesco Ltd. | 34,318,308 | $2.8B | 1.13% |
| DODGE & COX | 31,328,076 | $2.6B | 1.04% |
Institutional ownership by quarter
% of shares held by 13F filers
Number of 13F filers holding
Holder changes by quarter
| Quarter | Holders | Ownership | New | Increased | Reduced | Closed |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2,888 | 77.3% | 206 | 1,090 | 1,148 | 110 |
| 2026-03-31 | 2,826 | 75.9% | 184 | 1,053 | 1,185 | 219 |
| 2025-12-31 | 2,911 | 78.8% | 411 | 1,110 | 997 | 106 |
| 2025-09-30 | 2,663 | 78.4% | 196 | 1,084 | 966 | 133 |
| 2025-06-30 | 2,642 | 81.5% | 232 | 1,086 | 954 | 118 |
| 2025-03-31 | 2,566 | 82.7% | 193 | 986 | 1,006 | 151 |
| 2024-12-31 | 2,568 | 82.9% | 462 | 830 | 938 | 98 |
| 2024-09-30 | 2,250 | 82.9% | 169 | 778 | 930 | 159 |
| 2024-06-30 | 2,268 | 84.4% | 202 | 794 | 913 | 108 |
| 2024-03-31 | 2,210 | 87.7% | 209 | 723 | 975 | 128 |
| 2023-12-31 | 2,160 | 88.9% | 321 | 662 | 900 | 109 |
| 2023-09-30 | 1,981 | 88.4% | 122 | 724 | 826 | 116 |
Schedule 13D / 13G filers
| Filed | Form | Filer | % of class | Shares |
|---|---|---|---|---|
| None on file. | ||||
Required above 5% of a class; 13G is the passive form.
ETFs with the largest holding
| ETF | Weight in fund | Holding value |
|---|---|---|
| VITSX | 0.33% | $7.7B |
| VTI | 0.33% | $7.7B |
| VSMPX | 0.33% | $7.7B |
| VTSAX | 0.33% | $7.7B |
| VFIAX | 0.37% | $6.4B |
| VFFSX | 0.37% | $6.4B |
Share structure
Shares outstanding3,024,000,000
Float3,017,909,664
Free float99.8%
Income statement
Fiscal years, USD| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Revenue | $83.1B | $83.4B | $115.3B | $125.4B | $123.5B |
| Cost of revenue | −$240.0M | $10.6B | $38.1B | $47.4B | $43.5B |
| Gross profit | $83.3B | $72.8B | $77.2B | $78.0B | $80.0B |
| R&D | $0 | $0 | $0 | $0 | $0 |
| SG&A | $36.1B | $35.6B | $37.3B | $37.2B | $40.5B |
| Operating income | $29.6B | $15.6B | $21.6B | $23.4B | $25.2B |
| EBITDA | $37.5B | $22.5B | $27.9B | $30.9B | $29.3B |
| Pretax income | $29.6B | $15.6B | $21.6B | $23.4B | $25.2B |
| Income tax | $5.8B | $2.3B | $2.6B | $3.4B | $3.8B |
| Net income | $22.1B | $13.7B | $19.1B | $19.7B | $21.3B |
| EPS, diluted | $4.99 | $3.14 | $4.83 | $5.37 | $6.32 |
| Diluted shares | 4.1B | 3.8B | 3.7B | 3.5B | 3.2B |
Balance sheet
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Cash & short-term investments | $411.5B | $272.8B | $362.6B | $363.5B | $471.6B |
| Receivables | $39.3B | $44.4B | $53.7B | $42.4B | $23.0B |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $450.8B | $317.1B | $416.3B | $405.8B | $494.5B |
| PP&E, net | $18.6B | $18.0B | $18.2B | $19.4B | $20.0B |
| Goodwill & intangibles | $33.6B | $35.7B | $33.7B | $32.9B | $31.3B |
| Total assets | $1.95T | $1.88T | $1.93T | $1.93T | $2.15T |
| Accounts payable | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $1.59T | $1.50T | $1.45T | $1.48T | $1.72T |
| Long-term debt | $160.7B | $174.8B | $207.6B | $173.1B | $174.7B |
| Total liabilities | $1.76T | $1.70T | $1.75T | $1.75T | $1.97T |
| Shareholders' equity | $190.1B | $182.2B | $187.4B | $181.1B | $183.0B |
Cash flow statement
Outflows are negative| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Net income | $23.8B | $13.4B | $19.1B | $20.0B | $21.4B |
| Depreciation & amortization | $7.9B | $6.8B | $6.3B | $7.6B | $7.7B |
| Stock-based compensation | $0 | $0 | $0 | $0 | $0 |
| Change in working capital | $33.1B | $29.4B | $5.3B | −$20.3B | −$52.0B |
| Operating cash flow | −$11.5B | $27.0B | $40.4B | $3.0B | −$19.0B |
| Capital expenditure | $0 | $0 | $0 | $0 | $0 |
| Free cash flow | −$11.5B | $27.0B | $40.4B | $3.0B | −$19.0B |
| Investing cash flow | −$7.6B | −$42.5B | $16.0B | −$15.7B | −$192.4B |
| Net debt issued / repaid | −$70.4B | $50.7B | $64.6B | −$7.9B | $149.9B |
| Buybacks | −$21.1B | −$6.0B | −$13.6B | −$22.3B | −$19.5B |
| Dividends paid | −$3.6B | −$5.3B | −$5.9B | −$6.2B | −$6.5B |
Ratio history
Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Gross margin | 100.3% | 87.2% | 66.9% | 62.2% | 64.9% |
| Operating margin | 35.0% | 18.3% | 18.8% | 18.6% | 20.4% |
| Net margin | 26.1% | 16.1% | 16.6% | 15.7% | 17.2% |
| FCF margin | -14.0% | 32.6% | 35.0% | 2.4% | -15.4% |
| ROE | 11.6% | 7.3% | 10.5% | 10.8% | 11.8% |
| ROIC | -80.8% | 9.8% | 15.8% | 20.5% | 15.8% |
| ROA | 1.1% | 0.7% | 1.0% | 1.0% | 1.0% |
| Debt / equity | 1.04 | 1.25 | 1.60 | 1.57 | 2.35 |
| Interest coverage | 7.4x | 1.7x | 0.7x | 0.5x | 0.6x |
| Current ratio | 0.28 | 0.21 | 0.29 | 0.27 | 0.29 |
| Revenue growth | +1.3% | +0.8% | +38.9% | +8.7% | −1.3% |
| EPS growth | +648.3% | −35.7% | +49.9% | +12.1% | +13.0% |
| P/E at year end | 8.0x | 10.9x | 9.0x | 11.7x | 14.1x |
| EV / EBITDA at year end | n/m | 4.5x | 3.8x | 4.8x | 7.7x |
| FCF yield at year end | -6.71% | 18.48% | 23.52% | 1.31% | -6.34% |
| Dividend payout | 16.8% | 39.5% | 31.0% | 31.6% | 30.4% |
Revenue by segment
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Community Banking | $34.9B | $35.8B | $37.9B | $36.2B | — |
| Consumer Banking and Lending | — | — | — | — | $37.4B |
| Corporate and Investment Banking | $13.8B | $15.2B | $19.2B | $19.3B | $19.2B |
| Wealth and Investment Management | — | — | — | — | $16.3B |
| Wealth And Investment Management | $14.3B | $14.8B | $14.7B | $15.4B | — |
| Wholesale Banking | $8.5B | $10.9B | $13.4B | $12.8B | — |
| Commercial Banking | — | — | — | — | $12.0B |
| Corporate | — | — | — | — | $747.0M |
| Reconciling Items | — | — | — | — | −$1.9B |
Street estimates by fiscal year
Next report 2027-01-14 · consensus EPS $1.84 · these are analysts' numbers, not ours| Fiscal year | Revenue (mean) | Revenue range | EPS (mean) | EPS range | Analysts | P/E on mean EPS |
|---|---|---|---|---|---|---|
| 2026 | $88.4B | $88.2B – $88.7B | $7.33 | $6.95 – $7.46 | 17 | 11.4x |
| 2027 | $93.1B | $91.9B – $94.0B | $8.04 | $7.77 – $8.35 | 17 | 10.4x |
| 2028 | $97.9B | $97.3B – $99.4B | $9.14 | $7.88 – $9.60 | 14 | 9.2x |
Reported vs expected, every quarter on file
| Reported | EPS expected | EPS actual | EPS surprise | Revenue expected | Revenue actual | Revenue surprise |
|---|---|---|---|---|---|---|
| 2026-10-13 | $1.85 | $1.87 | +1.1% | $22.3B | $21.9B | −1.9% |
| 2026-07-14 | $1.73 | $1.96 | +13.3% | $21.9B | $22.6B | +3.5% |
| 2026-04-14 | $1.58 | $1.56 | −1.3% | $21.8B | $21.4B | −1.6% |
| 2026-01-14 | $1.66 | $1.62 | −2.4% | $21.6B | $21.3B | −1.7% |
| 2025-10-14 | $1.55 | $1.73 | +11.6% | $21.1B | $21.4B | +1.4% |
| 2025-07-15 | $1.41 | $1.54 | +9.2% | $20.8B | $20.8B | +0.3% |
| 2025-04-11 | $1.23 | $1.27 | +3.3% | $20.7B | $20.1B | −2.8% |
| 2025-01-15 | $1.32 | $1.42 | +7.6% | $20.6B | $20.4B | −1.0% |
| 2024-10-11 | $1.28 | $1.52 | +18.8% | $20.4B | $20.4B | −0.2% |
| 2024-07-12 | $1.29 | $1.33 | +3.1% | $20.3B | $20.7B | +1.9% |
| 2024-04-12 | $1.11 | $1.26 | +13.5% | $20.2B | $20.9B | +3.2% |
| 2024-01-12 | $1.16 | $1.29 | +11.2% | $20.3B | $20.5B | +1.0% |
| 2023-10-13 | $1.24 | $1.39 | +12.1% | $20.1B | $20.9B | +3.7% |
| 2023-07-14 | $1.16 | $1.25 | +7.8% | $20.1B | $20.5B | +2.2% |
| 2023-04-14 | $1.13 | $1.23 | +8.8% | $20.1B | $20.7B | +3.2% |
| 2023-01-13 | $0.66 | $0.61 | −7.6% | $20.0B | $19.7B | −1.7% |
| 2022-10-14 | $1.09 | $1.30 | +19.3% | $18.8B | $19.6B | +4.2% |
| 2022-07-15 | $0.80 | $0.82 | +2.5% | $17.5B | $17.0B | −2.5% |
| 2022-04-14 | $0.80 | $0.88 | +10.0% | $17.8B | $17.7B | −0.3% |
| 2022-01-14 | $1.13 | $1.25 | +10.6% | $17.9B | $20.9B | +16.8% |
| 2021-10-14 | $0.99 | $1.22 | +23.2% | $18.5B | $18.8B | +2.1% |
| 2021-07-14 | $0.97 | $1.38 | +42.3% | $17.8B | $20.3B | +14.0% |
| 2021-04-14 | $0.70 | $1.05 | +50.0% | $14.9B | $18.5B | +24.4% |
| 2021-01-15 | $0.60 | $0.64 | +6.7% | $16.9B | $18.1B | +7.1% |
Off-exchange (dark pool) volume, weekly
FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)| Week of | Notional | Shares | Trades |
|---|---|---|---|
| 2026-08-31 | $1.4B | 15,288,435 | 200,604 |
| 2026-08-24 | $750.1M | 8,800,669 | 152,426 |
| 2026-08-17 | $734.3M | 8,517,801 | 149,109 |
| 2026-08-10 | $781.7M | 8,873,318 | 142,578 |
| 2026-08-03 | $1.0B | 11,871,156 | 162,611 |
| 2026-07-27 | $1.0B | 11,989,227 | 165,135 |
Short-sale share of off-exchange volume
daily 20-day average| Date | Short share | Short volume | Total volume |
|---|---|---|---|
| 2026-10-15 | 47.6% | 3,619,363 | 7,611,534 |
| 2026-10-14 | 31.8% | 2,949,843 | 9,280,668 |
| 2026-10-13 | 43.3% | 3,817,024 | 8,822,088 |
| 2026-10-12 | 29.0% | 1,526,453 | 5,255,712 |
| 2026-10-09 | 24.0% | 2,177,707 | 9,068,724 |
| 2026-10-08 | 20.4% | 1,403,222 | 6,870,671 |
| 2026-10-07 | 23.2% | 1,146,387 | 4,939,529 |
| 2026-10-06 | 23.1% | 1,061,979 | 4,590,367 |
| 2026-10-05 | 26.4% | 1,302,604 | 4,943,321 |
| 2026-10-02 | 31.9% | 838,039 | 2,626,052 |
A daily flow measure from FINRA, not short interest.
Seasonality
Average return by calendar month| Month | Avg return | Up years | Years |
|---|---|---|---|
| Jan | +0.5% | 75% | 20 |
| Feb | −2.4% | 40% | 20 |
| Mar | −0.9% | 43% | 21 |
| Apr | +3.2% | 60% | 20 |
| May | +0.7% | 55% | 20 |
| Jun | −0.7% | 55% | 20 |
| Jul | +2.7% | 65% | 20 |
| Aug | −0.8% | 60% | 20 |
| Sep | +0.9% | 55% | 20 |
| Oct | +3.1% | 80% | 20 |
| Nov | +4.0% | 75% | 20 |
| Dec | +2.4% | 70% | 20 |
History, not a forecast.
Indicators
as of 2026-10-16RSI 1452.4
MFI49.1
ADX21.6
Stochastic %K / %D67.0 / 57.6
Williams %R-12.6
CCI98
TSI / signal-12.2 / -16.9
Chaikin money flow0.07
ATR$2.06
Bollinger width7.8%
Volume vs 20-day avg1.31x
SupertrendDown
Moving averages and bands
level (price vs level)SMA 20$81.96 (+2.3%)
SMA 50$85.20 (−1.6%)
SMA 200$84.06 (−0.2%)
EMA 21$82.83 (+1.3%)
EMA 50$84.07 (−0.2%)
EMA 200$83.53 (+0.4%)
Bollinger upper$85.14 (−1.5%)
Bollinger lower$78.78 (+6.5%)
Parabolic SAR$78.04 (+7.5%)
Open the live chart, 110+ indicatorsAbout Wells Fargo & Company
Wells Fargo & Company, a financial services company, provides diversified 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 companyâs financial products and services includes checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services. It also provides personalized wealth management, brokerage, financial planning, lending, private banking, trust and fiduciary products and services; and financial solutions to private, family owned and public companies through products and services including banking and credit products across multiple industry sectors and municipalities, secured lending and lease products, and treasury management. In addition, it offers a suite of capital markets, banking, and financial products and services, such as 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 to corporate, commercial real estate, government, and institutional clients. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.
https://www.wellsfargo.com
Key executives
| Name | Title | Pay | Born |
|---|---|---|---|
| Charles W. Scharf | Chief Executive Officer & Chairman | $12.6M | 1965 |
| Kleber R. Santos | Senior EVP, Co-CEO of Consumer Banking & Lending | $8.3M | 1974 |
| Fernando S. Rivas | Senior EVP & CEO of Corporate & Investment Banking | $8.0M | 1975 |
| Michael Santomassimo | Senior EVP & CFO | $6.6M | 1975 |
| Ellen Reilly Patterson | Senior EVP & General Counsel | $5.6M | 1974 |
| Scott E. Powell | Senior EVP & COO | $4.6M | 1962 |
| Bridget E. Engle | Senior EVP & Head of Technology | $3.7M | 1964 |
| John Campbell | Director of Investor Relations | — | — |
Executive pay, latest proxy
| Executive | Year | Salary | Stock awards | Incentive | Total |
|---|---|---|---|---|---|
| None on file. | |||||
Employees
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| 2026-08-07 | $0.5 | 2026-09-01 |
| 2026-05-08 | $0.45 | 2026-06-01 |
| 2026-02-06 | $0.45 | 2026-03-01 |
| 2025-11-07 | $0.45 | 2025-12-01 |
| 2025-08-08 | $0.45 | 2025-09-01 |
| 2025-05-09 | $0.4 | 2025-06-01 |
| 2025-02-07 | $0.4 | 2025-03-01 |
| 2024-11-08 | $0.4 | 2024-12-01 |
Moat model
Narrow · Efficient Scale · 2026-06-30Cost advantage46
Intangibles60
Switching costs61
Network effect60
Efficient scale70
Our component scores (0-100) and overall 59.0; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17