Wells Fargo & Company (WFC)

EVEREN Capital Corporation • Norwest Venture Partners XII, LP • Omniplus Capital Corporation • Peony Asset Management, Inc. • Silver Asset Management, Inc. • Wells Fargo Advisors Financial Network, LLC • Wells Fargo Bank International Unlimited Company • Wells Fargo Clearing Services, LLC • Wells Fargo Equipment Finance, Inc. • Wells Fargo Funding, LLC ...

IRS number

410449260

WFC stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$83.67

Low target

$75.00

High target

$92.00

Keefe, Bruyette & Woods

Evercore ISI Group

Maintains

Outperform

$77.00

30 Oct 24

Latest filings (excl ownership)

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Financial Statements and Exhibits

24 Jan 25

424B2

Prospectus for primary offering

17 Jan 25

424B2

Prospectus for primary offering

17 Jan 25

424B2

Prospectus for primary offering

17 Jan 25

424B2

Prospectus for primary offering

17 Jan 25

424B2

Prospectus for primary offering

17 Jan 25

424B2

Prospectus for primary offering

17 Jan 25

424B2

Prospectus for primary offering

17 Jan 25

424B2

Prospectus for primary offering

17 Jan 25

Transcripts

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WFC

Earnings call transcript

2024 Q4

15 Jan 25

WFC

Earnings call transcript

2024 Q3

11 Oct 24

WFC

Earnings call transcript

2024 Q2

12 Jul 24

WFC

Earnings call transcript

2024 Q1

12 Apr 24

WFC

Earnings call transcript

2023 Q4

12 Jan 24

WFC

Earnings call transcript

2023 Q3

13 Oct 23

WFC

Earnings call transcript

2023 Q2

14 Jul 23

WFC

Earnings call transcript

2023 Q2

14 Jul 23

WFC

Earnings call transcript

2023 Q1

14 Apr 23

WFC

Earnings call transcript

2022 Q4

13 Jan 23

Latest ownership filings

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Financial summary

Financial statements Chart WFC financial data

Quarter (USD)	Sep 24	Jun 24	Mar 24	Sep 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	184.13 bn	184.13 bn	184.13 bn	184.13 bn	184.13 bn	184.13 bn
Cash burn (monthly)	15.55 bn	(no burn)	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	62.29 bn	n/a	n/a	n/a	n/a	n/a
Cash remaining	121.84 bn	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	7.8	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

WFC institutional ownership history Ownership history

75.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	2200	2223	-1.0%
Opened positions	167	236	-29.2%
Closed positions	190	144	+31.9%
Increased positions	759	753	+0.8%
Reduced positions	907	875	+3.7%

13F shares	Current	Prev Q	Change
Total value	134.73 tn	144.30 tn	-6.6%
Total shares	2.48 bn	2.57 bn	-3.6%
Total puts	54.29 mm	43.74 mm	+24.1%
Total calls	43.16 mm	44.15 mm	-2.2%
Total put/call ratio	1.3	1.0	+27.0%

Largest owners	Shares	Value	Change
Vanguard	307.03 mm	$17.34 tn	-1.2%
BlackRock	259.64 mm	$14.67 tn	NEW
FMR	195.94 mm	$11.07 tn	+3.6%
STT State Street	141.88 mm	$8.01 tn	-0.9%
JPM JPMorgan Chase & Co.	128.21 mm	$7.24 tn	+11.0%
Wellington Management	91.25 mm	$5.15 tn	+27.0%
Dodge & Cox	86.95 mm	$4.91 tn	-5.8%
Geode Capital Management	71.18 mm	$4.01 tn	-0.4%
Capital International Investors	48.94 mm	$2.76 tn	-12.1%
State Farm Mutual Automobile Insurance	43.57 mm	$2.46 tn	-1.8%

Largest transactions	Shares	Bought/sold	Change
BlackRock	259.64 mm	+259.64 mm	NEW
BLK BlackRock	0.00	-253.97 mm	EXIT
Norges Bank	0.00	-45.04 mm	EXIT
Wellington Management	91.25 mm	+19.41 mm	+27.0%
JPM JPMorgan Chase & Co.	128.21 mm	+12.67 mm	+11.0%
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main	808.10 k	-11.27 mm	-93.3%
T. Rowe Price	36.39 mm	-9.51 mm	-20.7%
APG Asset Management	0.00	-7.05 mm	EXIT
FMR	195.94 mm	+6.86 mm	+3.6%
Capital International Investors	48.94 mm	-6.75 mm	-12.1%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

WFC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Jan 25	Black Steven D	Phantom Stock Units Common Stock, $1 2/3 Par Value	Grant	Acquire A	No	No	70.24	1,245.729	87.50 k	49,739.457
1 Jan 25	Fabian T Garcia	Phantom Stock Units Common Stock, $1 2/3 Par Value	Grant	Acquire A	No	No	70.24	355.923	25.00 k	1,092.687
1 Jan 25	Hewett Wayne M.	Phantom Stock Units Common Stock, $1 2/3 Par Value	Grant	Acquire A	No	No	70.24	222.452	15.63 k	39,045.013
1 Jan 25	Ronald Sargent	Phantom Stock Units Common Stock, $1 2/3 Par Value	Grant	Acquire A	No	No	70.24	533.884	37.50 k	65,984.462
10 Dec 24	Bridget E. Engle	Restricted Share Right Common Stock, $1 2/3 Par Value	Grant	Acquire A	No	No	0	7,796	0.00	7,796