WFC icon

Wells Fargo

79.98 USD
+1.13
1.43%
At close Feb 14, 4:00 PM EST
After hours
80.00
+0.02
0.03%
1 day
1.43%
5 days
-0.60%
1 month
12.35%
3 months
9.86%
6 months
49.05%
Year to date
13.95%
1 year
64.81%
5 years
65.86%
10 years
44.45%
 

About: Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the US

Employees: 226,000

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 9 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

6% more first-time investments, than exits

New positions opened: 166 | Existing positions closed: 157

1% less funds holding

Funds holding: 2,219 [Q2] → 2,197 (-22) [Q3]

1.68% less ownership

Funds ownership: 78.43% [Q2] → 76.75% (-1.68%) [Q3]

9% less capital invested

Capital invested by funds: $163B [Q2] → $148B (-$14.7B) [Q3]

17% less repeat investments, than reductions

Existing positions increased: 762 | Existing positions reduced: 913

20% less funds holding in top 10

Funds holding in top 10: 75 [Q2] → 60 (-15) [Q3]

22% less call options, than puts

Call options by funds: $2.98B | Put options by funds: $3.84B

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$75
6%
downside
Avg. target
$84
5%
upside
High target
$92
15%
upside

9 analyst ratings

positive
56%
neutral
44%
negative
0%
Barclays
Jason Goldberg
68% 1-year accuracy
38 / 56 met price target
15%upside
$92
Overweight
Maintained
16 Jan 2025
Morgan Stanley
Betsy Graseck
76% 1-year accuracy
34 / 45 met price target
10%upside
$88
Overweight
Maintained
16 Jan 2025
Keefe, Bruyette & Woods
David Konrad
70% 1-year accuracy
21 / 30 met price target
8%upside
$86
Market Perform
Maintained
16 Jan 2025
Truist Securities
John McDonald
0 / 0 met price target
6%upside
$85
Buy
Maintained
16 Jan 2025
Compass Point
David Rochester
54% 1-year accuracy
13 / 24 met price target
4%upside
$83
Neutral
Maintained
10 Dec 2024

Financial journalist opinion

Based on 40 articles about WFC published over the past 30 days

Positive
Seeking Alpha
1 day ago
Wells Fargo: Using A 5.8% Preferred Stock To Bet On Lower Interest Rates
Wells Fargo's Series Z preferred shares offer a 5.80% yield and potential capital gains if interest rates decrease, making them a "total return" idea. The bank's preferred dividends are well covered, requiring less than 6% of net profit, ensuring financial stability. I aim for a high single-digit or low double-digit total return in two years, leveraging potential interest rate declines.
Wells Fargo: Using A 5.8% Preferred Stock To Bet On Lower Interest Rates
Positive
Zacks Investment Research
2 days ago
Wells Fargo (WFC) Up 3.8% Since Last Earnings Report: Can It Continue?
Wells Fargo (WFC) reported earnings 30 days ago. What's next for the stock?
Wells Fargo (WFC) Up 3.8% Since Last Earnings Report: Can It Continue?
Neutral
Business Wire
3 days ago
Wells Fargo & Company Declares Cash Dividends on Preferred Stock
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced dividends on six series of preferred stock. A quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000 per share, which is traded on the New York Stock Exchange under the symbol “WFCPrL”. The Series L dividend is payable on March 17, 2025, to holders of record as of the close of business on Feb. 28.
Wells Fargo & Company Declares Cash Dividends on Preferred Stock
Neutral
Business Wire
3 days ago
Wells Fargo Confirms Termination of 2018 OCC Compliance Consent Order
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today confirmed that the Office of the Comptroller of the Currency (OCC) terminated its 2018 consent order related to the company's compliance risk management program. This is the tenth consent order closed by Wells Fargo's regulators since 2019. Charlie Scharf, Wells Fargo's CEO, said of today's news: “We are pleased that the OCC has validated the work required in the 2018 compliance consent order and has terminated the enfo.
Wells Fargo Confirms Termination of 2018 OCC Compliance Consent Order
Neutral
Fox Business
3 days ago
Big bank CEOs to meet with lawmakers on solutions to debanking
A group of CEOs from leading U.S. banks are meeting with the Senate Banking Committee to discuss potential solutions to regulatory issues related to debanking decisions.
Big bank CEOs to meet with lawmakers on solutions to debanking
Neutral
Seeking Alpha
5 days ago
Wells Fargo & Company (WFC) UBS Financial Services Conference (Transcript)
Wells Fargo & Company (NYSE:WFC ) UBS Financial Services Conference February 11, 2025 8:50 AM ET Company Participants Mike Santomassimo - CFO Conference Call Participants Erika Najarian - UBS Erika Najarian Good morning, everybody. So welcome to day two of the UBS Financial Services Conference.
Wells Fargo & Company (WFC) UBS Financial Services Conference (Transcript)
Neutral
Reuters
5 days ago
Wells Fargo CFO says five consent orders are remaining
A top Wells Fargo executive said on Tuesday that the bank has five consent orders remaining to resolve issues related to its lending and sales practices, and he added the recent termination of three regulatory punishments shows that the bank has been making progress.
Wells Fargo CFO says five consent orders are remaining
Positive
Zacks Investment Research
6 days ago
Is Wells Fargo (WFC) a Buy as Wall Street Analysts Look Optimistic?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Is Wells Fargo (WFC) a Buy as Wall Street Analysts Look Optimistic?
Positive
Zacks Investment Research
1 week ago
Are You Looking for a Top Momentum Pick? Why Wells Fargo (WFC) is a Great Choice
Does Wells Fargo (WFC) have what it takes to be a top stock pick for momentum investors? Let's find out.
Are You Looking for a Top Momentum Pick? Why Wells Fargo (WFC) is a Great Choice
Neutral
Business Wire
1 week ago
Wells Fargo Expands Its Commercial Banking Transformation with Q2 to Drive Collaboration Across Commercial Banking Teams
AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced that Wells Fargo (NYSE: WFC) has launched a commercial banking platform designed to improve bankers' ability to serve commercial clients, and increase collaboration and efficiency. “Wells Fargo is committed to delivering superior value to our commercial banking clients,” said Mary Katherine Dubose, EVP and Head of Commercial Banking Speci.
Wells Fargo Expands Its Commercial Banking Transformation with Q2 to Drive Collaboration Across Commercial Banking Teams
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