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
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
Latest filings (excl ownership)
424B2
Prospectus for primary offering
17 May 24
424B2
Prospectus for primary offering
15 May 24
424B2
Prospectus for primary offering
15 May 24
424B2
Prospectus for primary offering
15 May 24
424B2
Prospectus for primary offering
15 May 24
424B2
Prospectus for primary offering
15 May 24
424B2
Prospectus for primary offering
15 May 24
424B2
Prospectus for primary offering
15 May 24
424B2
Prospectus for primary offering
15 May 24
8-K
Wells Fargo & Company Announces Full Redemption of its Series S Preferred Stock and Related Depositary Shares
9 May 24
Transcripts
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
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
Latest ownership filings
4
CeCelia Morken
10 May 24
3/A
CeCelia Morken
10 May 24
13F-HR
Quarterly holdings report by institutional manager
10 May 24
SC 13D
BLACKROCK MUNIHOLDINGS CALIFORNIA QUALITY FUND, INC.
7 May 24
SC 13D
Nuveen Quality Municipal Income Fund
7 May 24
SC 13D
BlackRock Municipal 2030 Target Term Trust
7 May 24
SC 13D
BLACKROCK CALIFORNIA MUNICIPAL INCOME TRUST
7 May 24
4
FARGO BANK N A WELLS
7 May 24
4
FARGO BANK N A WELLS
7 May 24
4
FARGO BANK N A WELLS
7 May 24
Financial summary
Quarter (USD) | Mar 24 | Sep 23 | Jun 23 | Mar 23 | |
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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) | 268.60 bn | 268.60 bn | 268.60 bn | 268.60 bn | 268.60 bn | 268.60 bn |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | (no burn) | 4.04 bn | (no burn) |
Cash used (since last report) | n/a | n/a | n/a | n/a | 6.68 bn | n/a |
Cash remaining | n/a | n/a | n/a | n/a | 261.92 bn | n/a |
Runway (months of cash) | n/a | n/a | n/a | n/a | 64.8 | n/a |
Institutional ownership, Q4 2023
53.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1799 |
Opened positions | 250 |
Closed positions | 433 |
Increased positions | 538 |
Reduced positions | 768 |
13F shares | Current |
---|---|
Total value | 88.55 tn |
Total shares | 1.96 bn |
Total puts | 16.70 mm |
Total calls | 12.99 mm |
Total put/call ratio | 1.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 321.73 mm | $15.84 tn |
FMR | 177.29 mm | $8.73 tn |
STT State Street | 147.27 mm | $7.25 tn |
Dodge & Cox | 117.25 mm | $5.77 tn |
JPM JPMorgan Chase & Co. | 113.84 mm | $5.60 tn |
T. Rowe Price | 71.23 mm | $3.51 bn |
Capital International Investors | 64.95 mm | $3.20 tn |
Primecap Management | 42.83 mm | $2.11 tn |
MS Morgan Stanley | 39.89 mm | $1.96 tn |
IVZ Invesco | 39.83 mm | $1.96 tn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
3 May 24 | Wells Fargo & Co. | Series W-7 Variable Rate Muni Term Preferred Shares | Other | Acquire J | Yes | No | 0 | 1,713 | 0.00 | 1,713 |
3 May 24 | Wells Fargo & Co. | Series W-7 Variable Rate Muni Term Preferred Shares | Other | Dispose J | Yes | No | 0 | 1,713 | 0.00 | 1,713 |
3 May 24 | Wells Fargo & Co. | Series W-7 Remarketable Variable Rate Muni Term Preferred | Other | Acquire J | Yes | No | 0 | 150 | 0.00 | 150 |
3 May 24 | Wells Fargo & Co. | Series W-7 Remarketable Variable Rate Muni Term Preferred | Other | Dispose J | Yes | No | 0 | 150 | 0.00 | 150 |
3 May 24 | Wells Fargo & Co. | Series W-7 Variable Rate Muni Term Preferred Shares | Other | Acquire J | Yes | No | 0 | 5,264 | 0.00 | 5,264 |
3 May 24 | Wells Fargo & Co. | Series W-7 Variable Rate Muni Term Preferred Shares | Other | Dispose J | Yes | No | 0 | 5,264 | 0.00 | 5,264 |
3 May 24 | Wells Fargo & Co. | MuniFund Preferred Shares | Other | Acquire J | Yes | No | 0 | 4,338 | 0.00 | 4,338 |
3 May 24 | Wells Fargo & Co. | MuniFund Preferred Shares | Other | Dispose J | Yes | No | 0 | 4,338 | 0.00 | 4,338 |
News
Peering Into Wells Fargo's Recent Short Interest
17 May 24
Crescent Energy To Acquire SilverBow Resources In $2.1B Deal
16 May 24
Morgan Stanley Declares $270M Investment Into Bitcoin ETFs In Q1, Leads Institutional Inflow Of 'Historical Scale'
16 May 24
Looking At Wells Fargo's Recent Unusual Options Activity
15 May 24
Wells Fargo Unveils New Business Credit Card With Cash Rewards: Details
13 May 24
Press releases
VERMONT SLAUSON ECONOMIC DEVELOPMENT CORPORATION (VSEDC) EARNS DISTINCTION AS A SMALL BUSINESS ADMINISTRATION (SBA) WOMEN'S BUSINESS CENTER MAKING IT A FIRST FOR SOUTH LA AND ONE OF 17 NEW LOCATIONS NATIONWIDE
17 May 24
Wells Fargo & Company Declares Cash Dividends on Preferred Stock
17 May 24
Wells Fargo Launches Signify Business Cash Mastercard®
9 May 24
Wells Fargo & Company Announces Full Redemption of its Series S Preferred Stock and Related Depositary Shares
9 May 24
Fernando Rivas to Join Wells Fargo as Co-CEO of Corporate & Investment Banking
8 May 24