Wells Fargo & Company is an American multinational financial services company with a significant global presence. The company operates in 35 countries and serves over 70 million customers worldwide.
Company profile
Ticker
WFC, WFC+Z, WFC+A, WFC+C, WFC+D
Exchange
Website
CEO
Charles Scharf
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
NORWEST CORP, WELLS FARGO & CO/MN
SEC CIK
Corporate docs
Subsidiaries
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
Analyst ratings and price targets
Latest filings (excl ownership)
424B2
Prospectus for primary offering
20 Sep 23
424B2
Prospectus for primary offering
20 Sep 23
424B2
Prospectus for primary offering
20 Sep 23
8-K
Other Events
18 Sep 23
25-NSE
Exchange delisting
15 Sep 23
424B2
Prospectus for primary offering
11 Sep 23
424B2
Prospectus for primary offering
11 Sep 23
424B2
Prospectus for primary offering
11 Sep 23
424B2
Prospectus for primary offering
8 Sep 23
424B2
Prospectus for primary offering
8 Sep 23
Transcripts
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
WFC
Earnings call transcript
2022 Q3
14 Oct 22
WFC
Earnings call transcript
2022 Q2
15 Jul 22
WFC
Earnings call transcript
2022 Q1
14 Apr 22
WFC
Earnings call transcript
2021 Q4
14 Jan 22
WFC
Earnings call transcript
2021 Q3
14 Oct 21
WFC
Earnings call transcript
2021 Q2
14 Jul 21
WFC
Earnings call transcript
2021 Q1
14 Apr 21
Latest ownership filings
4
RONALD SARGENT
3 Oct 23
4
Celeste A. Clark
3 Oct 23
4
Mark A Chancy
3 Oct 23
4
STEVEN D BLACK
3 Oct 23
3
ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND
25 Sep 23
SC 13D
ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND
25 Sep 23
3
PIMCO CALIFORNIA MUNICIPAL INCOME FUND II
22 Sep 23
3
PIMCO MUNICIPAL INCOME FUND II
22 Sep 23
SC 13D/A
PIMCO CALIFORNIA MUNICIPAL INCOME FUND III
22 Sep 23
SC 13D
PIMCO MUNICIPAL INCOME FUND
22 Sep 23
Financial summary
| Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
|---|---|---|---|---|---|
| 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) | 154.42 bn | 154.42 bn | 154.42 bn | 154.42 bn | 154.42 bn | 154.42 bn |
| Cash burn (monthly) | 671.00 mm | 60.17 mm | (no burn) | (no burn) | 251.67 mm | (no burn) |
| Cash used (since last report) | 2.13 bn | 190.84 mm | n/a | n/a | 798.23 mm | n/a |
| Cash remaining | 152.29 bn | 154.23 bn | n/a | n/a | 153.62 bn | n/a |
| Runway (months of cash) | 227.0 | 2563.3 | n/a | n/a | 610.4 | n/a |
Institutional ownership, Q2 2023
72.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 1901 |
| Opened positions | 159 |
| Closed positions | 192 |
| Increased positions | 607 |
| Reduced positions | 858 |
| 13F shares | Current |
|---|---|
| Total value | 111.96 tn |
| Total shares | 2.64 bn |
| Total puts | 63.19 mm |
| Total calls | 40.24 mm |
| Total put/call ratio | 1.6 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 330.55 mm | $14.11 tn |
| BLK Blackrock | 268.90 mm | $11.48 tn |
| FMR | 176.31 mm | $7.52 tn |
| STT State Street | 152.06 mm | $6.49 tn |
| Dodge & Cox | 120.14 mm | $5.13 tn |
| JPM JPMorgan Chase & Co. | 93.10 mm | $3.97 tn |
| T. Rowe Price | 85.73 mm | $3.66 tn |
| Geode Capital Management | 69.07 mm | $2.94 tn |
| Capital International Investors | 61.83 mm | $2.64 tn |
| State Farm Mutual Automobile Insurance | 47.54 mm | $2.03 tn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Oct 23 | Black Steven D | Phantom Stock Units Common Stock, $1 2/3 Par Value | Grant | Acquire A | No | No | 40.86 | 2,141.459 | 87.50 k | 40,753.012 |
| 1 Oct 23 | Mark A Chancy | Phantom Stock Units Common Stock, $1 2/3 Par Value | Grant | Acquire A | No | No | 40.86 | 673.03 | 27.50 k | 5,276.614 |
| 1 Oct 23 | Clark Celeste A. | Phantom Stock Units Common Stock, $1 2/3 Par Value | Grant | Acquire A | No | No | 40.86 | 573.605 | 23.44 k | 36,541.076 |
| 1 Oct 23 | Ronald Sargent | Phantom Stock Units Common Stock, $1 2/3 Par Value | Grant | Acquire A | No | No | 40.86 | 917.768 | 37.50 k | 60,728.106 |
News
10 Financials Stocks With Whale Alerts In Today's Session
4 Oct 23
10 Financials Stocks With Whale Alerts In Today's Session
2 Oct 23
Check Out What Whales Are Doing With WFC
2 Oct 23
EXCLUSIVE: Yusko Calls Out Warren Buffett, 'The Reason Warren Wants To P--- On Bitcoin Is...'
29 Sep 23
9 Financials Stocks With Whale Alerts In Today's Session
27 Sep 23
Press releases
Wells Fargo Sells Private Equity Fund Investments
29 Sep 23
Wells Fargo's Virtual Assistant, Fargo, Expands Capabilities with Spanish-Language Feature
27 Sep 23
Centerbridge Partners and Wells Fargo Enter Strategic Relationship Focused on Direct Lending to Middle-Market Companies
26 Sep 23
Thomas R. Nides to Join Wells Fargo as Vice Chairman
22 Sep 23
Bernstein Litowitz Berger & Grossmann LLP Receives Approval of a Landmark $1 Billion Settlement for Shareholders in Wells Fargo Securities Class Action
8 Sep 23