Wells Fargo (WFC)
Market Price (9/15/2025): $81.62 | Market Cap: $263.9 BilSector: Financials | Industry: Diversified Banks
Wells Fargo (WFC)
Market Price (9/15/2025): $81.62Market Cap: $263.9 BilSector: FinancialsIndustry: Diversified Banks
Investment Highlights
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.8%, Dividend Yield is 2.0%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.3% | Trading close to highsDist 52W High is -2.8%, Dist 3Y High is -2.8% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.7%, Rev Chg QQuarterly Revenue Change % is -0.6% |
Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -64% | Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -11%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -11% | |
Low stock price volatilityVol 12M is 32% |
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.8%, Dividend Yield is 2.0%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.3% |
Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -64% |
Low stock price volatilityVol 12M is 32% |
Trading close to highsDist 52W High is -2.8%, Dist 3Y High is -2.8% |
Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.7%, Rev Chg QQuarterly Revenue Change % is -0.6% |
Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -11%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -11% |
Market Valuation
9/15/25 | 2024 | 2023 | 2022 | 2021 | |
---|---|---|---|---|---|
Share Price CYE | $81.62 | $69.11 | $47.18 | $38.38 | $43.57 |
Market Cap CYE ($ Bil) | 263.9 | 228.9 | 170.8 | 145.8 | 171.1 |
Total Debt ($ Bil) | 210.2 | 186.6 | 219.5 | 195.4 | 173.9 |
Total Cash ($ Bil) | 194.6 | 203.4 | 237.2 | 159.2 | 234.2 |
Enterprise Value ($ Bil) | 279.5 | 415.5 | 390.3 | 341.2 | 345.0 |
Valuation Ratios | |||||
P/S TTM | 3.2 | 2.9 | 2.2 | 2.1 | 2.5 |
P/EBIT TTM | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
P/E TTM | 12.8 | 12.2 | 9.5 | 11.5 | 8.8 |
Sector Ratios | |||||
P/S TTM (Sector) | 3.2 | 3.1 | 2.8 | 2.8 | 3.4 |
P/EBIT TTM (Sector) | 7.2 | 6.9 | 7.1 | 7.1 | 7.0 |
P/E TTM (Sector) | 12.8 | 11.6 | 10.1 | 9.4 | 10.0 |
9/15/25 | 2024 | 2023 | |
---|---|---|---|
Share Price CYE | $81.62 | $69.11 | $47.18 |
Market Cap CYE ($ Bil) | 263.9 | 228.9 | 170.8 |
Total Debt ($ Bil) | 210.2 | 186.6 | 219.5 |
Total Cash ($ Bil) | 194.6 | 203.4 | 237.2 |
Enterprise Value ($ Bil) | 279.5 | 415.5 | 390.3 |
Valuation Ratios | |||
P/S TTM | 3.2 | 2.9 | 2.2 |
P/EBIT TTM | 0.0 | 0.0 | 0.0 |
P/E TTM | 12.8 | 12.2 | 9.5 |
Sector Ratios | |||
P/S TTM (Sector) | 3.2 | 3.1 | 2.8 |
P/EBIT TTM (Sector) | 7.2 | 6.9 | 7.1 |
P/E TTM (Sector) | 12.8 | 11.6 | 10.1 |
Business Description
Wells Fargo & Company, a diversified financial services company, provides 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 Consumer Banking and Lending segment offers diversified financial products and services for consumers and small businesses.
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Price Returns Compared
Expand for Detailed View2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
---|---|---|---|---|---|---|---|
Returns | |||||||
WFC Return | -42% | 61% | -12% | 23% | 46% | 18% | 76% |
Peers Return | -3% | 30% | -18% | 15% | 35% | 25% | 100% |
S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 12% | 104% |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: JPM, BAC, MS, C, USB. See WFC Returns vs. Peers.
[3] 2025 data is for the year up to 9/12/2025 (YTD)
Latest Trefis Analyses
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Wells Fargo
Financials
Median | |
---|---|
Name | |
Mkt Price | 90.45 |
Mkt Cap | 255.0 |
Rev LTM | 82,288 |
Op Inc LTM | - |
FCF LTM | -15,042 |
FCF 3Y Avg | -7,331 |
CFO LTM | -13,406 |
CFO 3Y Avg | -5,669 |
Growth & Margins
Median | |
---|---|
Name | |
Rev Chg LTM | 5.8% |
Rev Chg 3Y Avg | 5.0% |
Rev Chg Q | 6.3% |
QoQ Delta Rev Chg LTM | 1.6% |
Op Mgn LTM | - |
Op Mgn 3Y Avg | - |
QoQ Delta Op Mgn LTM | - |
CFO/Rev LTM | -20.0% |
CFO/Rev 3Y Avg | -8.0% |
FCF/Rev LTM | -22.6% |
FCF/Rev 3Y Avg | -8.0% |
Valuation
Median | |
---|---|
Name | |
Mkt Cap | 255.0 |
P/S | 3.5 |
P/EBIT | - |
P/E | 13.5 |
P/CFO | -3.9 |
Total Yield | 7.4% |
Dividend Yield | 0.0% |
FCF Yield 3Y Avg | 0.3% |
D/E | 1.0 |
Net D/E | -0.7 |
Returns
Median | |
---|---|
Name | |
1M Rtn | 6.6% |
3M Rtn | 15.7% |
6M Rtn | 29.0% |
12M Rtn | 55.3% |
3Y Rtn | 98.3% |
1M Excs Rtn | 3.7% |
3M Excs Rtn | 5.3% |
6M Excs Rtn | 13.8% |
12M Excs Rtn | 33.3% |
3Y Excs Rtn | 35.2% |
Segment Financials
Revenue by Segment
$ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Consumer Banking and Lending | 37,919 | 35,810 | 34,877 | 34,016 | 37,891 |
Corporate and Investment Banking | 19,191 | 15,242 | 13,839 | 13,928 | 14,228 |
Wealth and Investment Management | 14,691 | 14,822 | 14,346 | 13,213 | 15,732 |
Commercial Banking | 13,449 | 10,920 | 8,549 | 9,175 | 12,338 |
Corporate | -457 | -415 | 9,169 | 5,357 | 7,809 |
Reconciling Items | -2,196 | -2,011 | -1,614 | -1,425 | -2,935 |
Total | 82,597 | 74,368 | 79,166 | 74,264 | 85,063 |
$ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Consumer Banking and Lending | 7,939 | 5,441 | 8,555 | 1,076 | 5,895 |
Corporate and Investment Banking | 6,426 | 5,878 | 6,062 | 950 | 4,966 |
Commercial Banking | 5,104 | 4,018 | 3,134 | -689 | 3,808 |
Wealth and Investment Management | 1,964 | 2,422 | 2,027 | 1,538 | 1,768 |
Reconciling Items | 0 | 0 | 0 | ||
Corporate | -2,291 | -4,082 | 2,331 | 502 | 3,112 |
Total | 19,142 | 13,677 | 22,109 | 3,377 | 19,549 |
$ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Corporate | 674,075 | 728,667 | 608,712 | ||
Corporate and Investment Banking | 547,203 | 508,518 | 538,383 | ||
Consumer Banking and Lending | 375,484 | 420,995 | 448,971 | ||
Commercial Banking | 245,568 | 206,953 | 244,984 | ||
Wealth and Investment Management | 90,138 | 87,778 | 86,505 | ||
Reconciling Items | 0 | ||||
Total | 1,932,468 | 1,952,911 | 1,927,555 |
Returns Analyses
Earnings Returns History
Expand for MoreForward Returns | |||
---|---|---|---|
Earnings Date | 1D Returns | 5D Returns | 21D Returns |
7/15/2025 | -5.5% | -3.8% | -4.2% |
4/11/2025 | -1.0% | 2.5% | 19.3% |
1/15/2025 | 6.7% | 8.9% | 11.3% |
10/11/2024 | 5.6% | 11.5% | 22.0% |
7/12/2024 | -6.0% | -1.5% | -11.6% |
4/12/2024 | -0.4% | 3.6% | 9.8% |
1/12/2024 | -3.3% | -1.9% | 0.5% |
10/13/2023 | 3.1% | 3.6% | 3.8% |
... | |||
SUMMARY STATS | |||
# Positive | 10 | 14 | 17 |
# Negative | 14 | 10 | 7 |
Median Positive | 3.8% | 4.4% | 11.1% |
Median Negative | -4.2% | -4.0% | -7.3% |
Max Positive | 6.7% | 11.7% | 22.0% |
Max Negative | -7.8% | -11.9% | -22.0% |
SEC Filings
Expand for MoreReport Date | Filing |
---|---|
6302025 | 10-Q 6/30/2025 |
3312025 | 10-Q 3/31/2025 |
12312024 | 10-K 12/31/2024 |
9302024 | 10-Q 9/30/2024 |
6302024 | 10-Q 6/30/2024 |
3312024 | 10-Q 3/31/2024 |
12312023 | 10-K 12/31/2023 |
9302023 | 10-Q 9/30/2023 |
6302023 | 10-Q 6/30/2023 |
3312023 | 10-Q 3/31/2023 |
12312022 | 10-K 12/31/2022 |
9302022 | 10-Q 9/30/2022 |
6302022 | 10-Q 6/30/2022 |
3312022 | 10-Q 3/31/2022 |
12312021 | 10-K 12/31/2021 |
9302021 | 10-Q 9/30/2021 |
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