Wells Fargo & Company logo

Wells Fargo & Company

WFC-PZ

NYSEFinancial ServicesBanks - Diversified

Latest quote

$18.30

+$0.31 · +1.72%

Aug 24, 4:00 PM ET

After-hours

$18.30

$0.00 · 0.00%

Aug 24, 5:45 PM ET

WFC-PZ company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

89

Deep Value

Momentum

39

Weakening

Sentiment

58

Mixed

Risk resilience

80

Low Risk

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Company profile

Company website

Wells Fargo & Company functions as a comprehensive financial institution, delivering a wide array of banking, investment, mortgage, and both consumer and commercial financial offerings throughout the United States and internationally. Its extensive operations are organized into four primary divisions: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The Consumer Banking and Lending segment is dedicated to serving individual clients and small businesses, providing fundamental banking services such as checking and savings accounts, credit and debit cards, along with various loan products for homes, automobiles, personal needs, and small enterprise financing. The Commercial Banking division offers customized financial solutions to private, family-owned, and certain publicly traded companies. Its services encompass a broad range of banking and credit facilities for diverse industries and local governments, including secured loans, leasing arrangements, and treasury management. Within the Corporate and Investment Banking segment, the company furnishes a sophisticated suite of capital markets, banking, and financial instruments to corporations, commercial real estate entities, government bodies, and institutional clients. This includes corporate finance, investment banking advisory, cash management, commercial real estate lending and servicing, equity and fixed income solutions, as well as robust sales, trading, and research capabilities. Finally, the Wealth and Investment Management division caters to affluent, high-net-worth, and ultra-high-net-worth individuals and families, offering personalized wealth management, brokerage services, financial planning, lending, private banking, and trust and fiduciary products. This segment leverages a network of expert financial advisors to deliver its services. Wells Fargo & Company was established in 1852 and its corporate headquarters are situated in San Francisco, California.

Industry
Banks - Diversified
Sector
Financial Services
Headquarters
US
CEO
Charles W. Scharf
Listed since
Jan 16, 2020
Employees
205,000

Market position

Day range

Current $18.30

52-week range

Current $18.30

Open
$18.08
Previous close
$17.99
Volume
453.57K
2.36× average
Average volume
192.15K
Average daily volume
Market cap
264.12B USD
Beta
0.92
Market reference 1
50-day average
$18.3735
-0.40% below average
200-day average
$19.0718
-4.05% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
547.8B USD
P/E (TTM)
12.09×
P/B (TTM)
1.43×
P/S (TTM)
1.98×
EV / EBITDA
18.67×
Earnings yield
7.20%
Free cash flow yield
-6.41%
Dividend yield
2.18%

Profitability & efficiency

Gross margin
64.50%
Operating margin
21.17%
Net margin
17.54%
Return on equity
11.78%
Return on assets
0.99%
Return on invested capital
3.16%

Financial health

Debt / equity
2.55×
Current ratio
0.29×
Altman Z-score
0.45
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends109%75%41%7%Gross margin, FY2021: 100.29%Gross margin, FY2022: 87.29%Gross margin, FY2023: 66.93%Gross margin, FY2024: 62.17%Gross margin, FY2025: 64.80%Operating margin, FY2021: 35.58%Operating margin, FY2022: 18.73%Operating margin, FY2023: 18.76%Operating margin, FY2024: 18.63%Operating margin, FY2025: 20.40%Net margin, FY2021: 26.61%Net margin, FY2022: 16.39%Net margin, FY2023: 16.60%Net margin, FY2024: 15.73%Net margin, FY2025: 17.27%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 100.29%. Gross margin FY2022 87.29%. Gross margin FY2023 66.93%. Gross margin FY2024 62.17%. Gross margin FY2025 64.80%. Operating margin FY2021 35.58%. Operating margin FY2022 18.73%. Operating margin FY2023 18.76%. Operating margin FY2024 18.63%. Operating margin FY2025 20.40%. Net margin FY2021 26.61%. Net margin FY2022 16.39%. Net margin FY2023 16.60%. Net margin FY2024 15.73%. Net margin FY2025 17.27%.

Income trends

Revenue

123.53B USD-1.49%

Operating income

25.2B USD+7.85%

Net income

21.34B USD+8.19%
Income trends across reported periods136.57B USD91.88B USD47.19B USD2.51B USDRevenue, FY2021: 83.08B USDRevenue, FY2022: 83.44B USDRevenue, FY2023: 115.34B USDRevenue, FY2024: 125.4B USDRevenue, FY2025: 123.53B USDOperating income, FY2021: 29.56B USDOperating income, FY2022: 15.63B USDOperating income, FY2023: 21.64B USDOperating income, FY2024: 23.36B USDOperating income, FY2025: 25.2B USDNet income, FY2021: 22.11B USDNet income, FY2022: 13.68B USDNet income, FY2023: 19.14B USDNet income, FY2024: 19.72B USDNet income, FY2025: 21.34B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 83.08B USD. Revenue FY2022 83.44B USD. Revenue FY2023 115.34B USD. Revenue FY2024 125.4B USD. Revenue FY2025 123.53B USD. Operating income FY2021 29.56B USD. Operating income FY2022 15.63B USD. Operating income FY2023 21.64B USD. Operating income FY2024 23.36B USD. Operating income FY2025 25.2B USD. Net income FY2021 22.11B USD. Net income FY2022 13.68B USD. Net income FY2023 19.14B USD. Net income FY2024 19.72B USD. Net income FY2025 21.34B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue123.53B USD125.4B USD115.34B USD83.44B USD83.08B USD
Cost of goods sold43.49B USD47.44B USD38.14B USD10.61B USD−240M USD
Gross profit80.04B USD77.96B USD77.2B USD72.83B USD83.32B USD
Selling, general, and administrative40.53B USD37.23B USD37.34B USD35.6B USD36.14B USD
Operating expenses54.84B USD54.6B USD55.56B USD57.21B USD53.76B USD
Interest income87.31B USD90.78B USD85.12B USD54.02B USD39.69B USD
Interest expense39.83B USD43.1B USD32.74B USD9.07B USD3.92B USD
Depreciation and amortization4.15B USD7.56B USD6.27B USD6.83B USD7.89B USD
Operating income25.2B USD23.36B USD21.64B USD15.63B USD29.56B USD
Net income21.34B USD19.72B USD19.14B USD13.68B USD22.11B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
2 beats, 0 misses, 0 met estimates
Average EPS surprise
+8.77%
2 comparable reports
Latest EPS result
2
Estimate 1.72 · Beat by 16.28%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates2.081.851.621.39Q1 '25No estimateQ2 '25No estimateQ3 '25No estimateQ4 '25No estimateQ1 '26No estimateQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 15, 2025: actual 1.48, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 11, 2025: actual 1.47, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 15, 2025: actual 1.68, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 14, 2025: actual 1.71, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Jan 14, 2026: actual 1.64, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 14, 2026: actual 1.6, estimate 1.58, surprise +1.27%, Beat. Q3 2026, reported Jul 14, 2026: actual 2, estimate 1.72, surprise +16.28%, Beat. Q4 2026, reported Oct 13, 2026: actual —, estimate 1.84, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates31.05B24.16B17.28B10.39BQ1 '25No estimateQ2 '25BeatQ3 '25MissQ4 '25No estimateQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 15, 2025: actual 20.38B USD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 11, 2025: actual 29.63B USD, estimate 20.96B USD, surprise +41.36%, Beat. Q3 2025, reported Jul 15, 2025: actual 20.82B USD, estimate 21.19B USD, surprise -1.73%, Miss. Q4 2025, reported Oct 14, 2025: actual 21.44B USD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Jan 14, 2026: actual 11.81B USD, estimate 21.68B USD, surprise -45.51%, Miss. Q2 2026, reported Apr 14, 2026: actual 21.45B USD, estimate 21.79B USD, surprise -1.59%, Miss. Q3 2026, reported Jul 14, 2026: actual 22.62B USD, estimate 21.86B USD, surprise +3.48%, Beat. Q4 2026, reported Oct 13, 2026: actual —, estimate 22.37B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

41 ratings
Strong buy12%
Buy1946%
Hold1844%
Sell37%
Strong sell00%

Recent analyst actions

2 institutions
BMO CapitalmaintainMarket Perform
Deutsche BankmaintainBuy

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$1.1875

2025 complete year-0.0% since 2021

2026 partial: $0.5938

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Aug 31, 2026

$0.2969

Quarterly

Record Aug 31, 2026 · Payment Sep 15, 2026

Dividend

Ex-dividend May 29, 2026

$0.2969

Quarterly

Record May 29, 2026 · Payment Jun 15, 2026

Dividend

Ex-dividend Feb 27, 2026

$0.2969

Quarterly

Dividend

Ex-dividend Nov 28, 2025

$0.2969

Quarterly

Payment Dec 15, 2025

Dividend

Ex-dividend Aug 29, 2025

$0.2969

Quarterly

Payment Sep 15, 2025

Dividend

Ex-dividend May 30, 2025

$0.2969

Quarterly

WFC-PZ peers

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Funds reporting this stock among their holdings, ordered by reported position size.

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