WFC Wells Fargo & Co.
Wells Fargo & Company is a leading financial services company that has approximately $1.9 trillion in assets and proudly serves one in three U.S. households and more than 10% of all middle market companies in the U.S. It provides a diversified set of banking, investment, and mortgage products and services, as well as consumer and commercial finance, through its four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. Wells Fargo ranked No. 30 on Fortune's 2020 rankings of America's largest corporations. In the communities it serves, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy.
Company profile
Ticker
WFC, WFC+Z, WFC+A, WFC+C
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
IRS number
410449260
WFC stock data
()
News
Unusual Options Activity Insight: Wells Fargo
30 Jul 21
Wells Fargo Vs. Citigroup: Stocks At Important Resistance Levels
30 Jul 21
Analyzing Wells Fargo's Unusual Options Activity
29 Jul 21
Robinhood Gets $32B Valuation As It Prices IPO At Lower End Of Range — Lack Of Investor Interest Or A 'Conscious Decision?'
28 Jul 21
Understanding Wells Fargo's Unusual Options Activity
28 Jul 21
Press releases
Wells Fargo Closed-End Funds Declare Monthly Distributions
30 Jul 21
ideas42, Wells Fargo Aim to Tackle High Costs of Living in Poverty in the U.S.
30 Jul 21
John Tyers Named Head of Independent Advisor Group at Wells Fargo Advisors
29 Jul 21
Wells Fargo & Company Increases Common Stock Dividend
27 Jul 21
Cesar Gonzalez Named Head of Operations for Wells Fargo Commercial Banking
26 Jul 21
Investment data
| Top 50 of 7001 long holdings End of quarter 31 Mar 21 |
Value |
#Shares |
|---|---|---|
| $12.3B | 52.15M | |
| $10.13B | 82.96M | |
| $7.3B | 18.35M | |
| $7.13B | 32.28M | |
| $6.39B | 2.06M | |
| $5.77B | 50.68M | |
| $5.44B | 24.6M | |
| $4.42B | 68.73M | |
| $4.09B | 26.83M | |
| $3.77B | 9.51M | |
| $3.67B | 22.32M | |
| $3.55B | 38.78M | |
| $3.33B | 1.62M | |
| $3.23B | 1.56M | |
| $3.21B | 12.34M | |
|
Vanguard Intl Equity Index F
|
$3.19B | 61.36M |
|
Vanguard Tax-managed Intl FD
|
$3.07B | 62.57M |
| $3B | 8.05M | |
| $2.96B | 10.06M | |
| $2.95B | 9.67M | |
| $2.94B | 39.82M | |
| $2.83B | 54.63M | |
| $2.52B | 18.61M | |
| $2.5B | 11.79M | |
| $2.41B | 44.51M | |
| $2.4B | 12.13M | |
| $2.39B | 19.91M | |
| $2.34B | 30.9M | |
| $2.19B | 20.19M | |
| $2.17B | 11.39M | |
| $2.15B | 27.12M | |
| $1.97B | 57.92M | |
| $1.93B | 10.45M | |
| $1.9B | 7.64M | |
| $1.89B | 32.58M | |
| $1.88B | 13.31M | |
| $1.87B | 8.36M | |
| $1.83B | 2.43M | |
| $1.81B | 7.47M | |
| $1.81B | 15.29M | |
| $1.79B | 13.5M | |
| $1.77B | 6.4M | |
| $1.72B | 22.35M | |
| $1.7B | 12.78M | |
| $1.66B | 7.5M | |
| $1.65B | 12.18M | |
| $1.61B | 5.03M | |
| $1.58B | 24.73M | |
| $1.58B | 4.33M | |
| $1.55B | 8.22M |
Holdings list only includes long positions.
Only includes long positions.
Calendar
28 Jul 21
30 Jul 21
31 Dec 21
Financial summary
Quarter (USD) |
Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
Annual (USD) |
Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
Financial data from company earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 274.17B | 274.17B | 274.17B | 274.17B | 274.17B | 274.17B |
| Cash burn (monthly) | 4.19B | (positive/no burn) | (positive/no burn) | (positive/no burn) | 2.69B | 3.57B |
| Cash used (since last report) | 4.32B | n/a | n/a | n/a | 2.77B | 3.69B |
| Cash remaining | 269.85B | n/a | n/a | n/a | 271.4B | 270.48B |
| Runway (months of cash) | 64.5 | n/a | n/a | n/a | 101.0 | 75.7 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 27 Jul 21 | Owens Lester | Common Stock, $1 2/3 Par Value | Payment of exercise | Dispose F | No | No | 45.14 | 45,519.37 | 2.05M | 40,155 |
| 27 Jul 21 | Owens Lester | Common Stock, $1 2/3 Par Value | Option exercise | Aquire M | No | No | 0 | 85,674.37 | 0 | 85,674.37 |
| 27 Jul 21 | Owens Lester | Restricted Share Right Common Stock, $1 2/3 Par Value | Option exercise | Dispose M | No | No | 0 | 85,674.37 | 0 | 171,347.728 |
| 12 Jul 21 | Amanda G Norton | Common Stock, $1 2/3 Par Value | Payment of exercise | Dispose F | No | No | 44.16 | 14,409.081 | 636.31K | 61,178 |
| 12 Jul 21 | Amanda G Norton | Common Stock, $1 2/3 Par Value | Option exercise | Aquire M | No | No | 0 | 30,185.081 | 0 | 75,587.081 |
| 12 Jul 21 | Amanda G Norton | Restricted Share Right Common Stock, $1 2/3 Par Value | Option exercise | Dispose M | No | No | 0 | 30,185.081 | 0 | 0 |
| 1 Jul 21 | Black Steven D | Phantom Stock Units Common Stock, $1 2/3 Par Value | Grant | Aquire A | No | No | 45.41 | 775.037 | 35.19K | 14,921.682 |
| 1 Jul 21 | Mark A Chancy | Phantom Stock Units Common Stock, $1 2/3 Par Value | Grant | Aquire A | No | No | 45.41 | 952.433 | 43.25K | 13,408.448 |
| 1 Jul 21 | Clark Celeste A. | Phantom Stock Units Common Stock, $1 2/3 Par Value | Grant | Aquire A | No | No | 45.41 | 137.635 | 6.25K | 25,036.19 |
Institutional ownership Q1 2021
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
69.1% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 1821 |
| Opened positions | 229 |
| Closed positions | 134 |
| Increased positions | 660 |
| Reduced positions | 698 |
13F shares |
Current |
|---|---|
| Total value | 111.69B |
| Total shares | 2.86B |
| Total puts | 82.97M |
| Total calls | 100.61M |
| Total put/call ratio | 0.8 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 327.26M | $12.79B |
| BLK Blackrock | 283.6M | $11.08B |
| STT State Street | 176.03M | $6.88B |
| FMR | 165.66M | $6.47B |
| Dodge & Cox | 148.08M | $5.79B |
| TROW T. Rowe Price | 128.99M | $5.04B |
| JPM JPMorgan Chase & Co. | 67.41M | $2.63B |
| Geode Capital Management | 61.51M | $2.4B |
| State Farm Mutual Automobile Insurance | 51.54M | $2.01B |
| Primecap Management | 49.72M | $1.94B |
Content analysis
?
| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
8th grade Avg
|
|
New words:
accomplished, bear, Canadian, child, confidence, danger, DD, deficient, disposal, disregard, dropping, entry, extraordinary, fewer, idiosyncratic, imminent, intercompany, introduction, modest, movement, nominal, notwithstanding, preliminary, rapid, recapitalize, receivership, regime, remeasurement, restore, retroactively, retrospectively, rulemaking, SCB, solar, strict, stringent, threshold, upgraded, WFS
Removed:
allegedly, assisted, deferring, dismissal, elevation, ERISA, extended, forgiving, increasing, Minnesota, offering, preparing, readily, round, sought, unchanged, unrelated, write
Financial reports
10-Q
2021 Q2
Quarterly report
28 Jul 21
10-Q
2021 Q1
Quarterly report
5 May 21
10-K
2020 FY
Annual report
22 Feb 21
10-Q
2020 Q3
Quarterly report
2 Nov 20
10-Q
2020 Q2
Quarterly report
4 Aug 20
10-Q
2020 Q1
Quarterly report
5 May 20
10-K
2019 FY
Annual report
26 Feb 20
10-Q
2019 Q3
Quarterly report
1 Nov 19
10-Q
2019 Q2
Quarterly report
2 Aug 19
10-Q
2019 Q1
Quarterly report
3 May 19
Current reports
8-K
Amendments to Articles of Incorporation or Bylaws
27 Jul 21
8-K
Wells Fargo Reports Second Quarter 2021 Net Income of $6.0 billion, or $1.38 per Diluted Share
14 Jul 21
8-K
Amendments to Articles of Incorporation or Bylaws
16 Jun 21
8-K
Other Events
20 May 21
8-K
Financial Statements and Exhibits
19 May 21
8-K
Wells Fargo & Company Announces Redemption of its Series N Preferred Stock and Related Depositary Shares
12 May 21
8-K
Submission of Matters to a Vote of Security Holders
30 Apr 21
8-K
Wells Fargo Reports First Quarter 2021 Net Income of $4.7 billion, or $1.05 per Diluted Share
14 Apr 21
8-K
Amendments to Articles of Incorporation or Bylaws
16 Mar 21
8-K
Wells Fargo & Company Announces Final Results of Tender Offers by Its Wholly-Owned Subsidiary
1 Mar 21
Registration and prospectus
8-A12B
Registration of securities on exchange
27 Jul 21
424B2
Prospectus for primary offering
21 Jul 21
FWP
Free writing prospectus
20 Jul 21
424B2
Prospectus for primary offering
20 Jul 21
25-NSE
Exchange delisting
15 Jun 21
424B2
Prospectus for primary offering
12 May 21
424B2
Prospectus for primary offering
12 May 21
424B2
Prospectus for primary offering
19 Apr 21
S-3/A
Shelf registration (amended)
6 Apr 21
25-NSE
Exchange delisting
15 Mar 21
Proxies
PX14A6G
Letter to shareholders
8 Apr 21
PX14A6G
Letter to shareholders
4 Apr 21
PX14A6G
Letter to shareholders
30 Mar 21
DEFA14A
Additional proxy soliciting materials
16 Mar 21
DEF 14A
Definitive proxy
16 Mar 21
DEFA14A
Additional proxy soliciting materials
6 Apr 20
DEFA14A
Additional proxy soliciting materials
16 Mar 20
DEF 14A
Definitive proxy
16 Mar 20
DEFA14A
Additional proxy soliciting materials
2 Apr 19
DEFA14A
Additional proxy soliciting materials
29 Mar 19
Other
EFFECT
Notice of effectiveness
20 Apr 21
CORRESP
Correspondence with SEC
14 Apr 21
UPLOAD
Letter from SEC
14 Mar 21
EFFECT
Notice of effectiveness
20 Jul 20
CORRESP
Correspondence with SEC
16 Jul 20
UPLOAD
Letter from SEC
14 Jun 20
EFFECT
Notice of effectiveness
26 Feb 20
CORRESP
Correspondence with SEC
23 Feb 20
CORRESP
Correspondence with SEC
20 Feb 20
CORRESP
Correspondence with SEC
18 Feb 20
Ownership
4
WELLS FARGO & COMPANY / Lester Owens ownership change
28 Jul 21
SC 13D/A
PIMCO MUNICIPAL INCOME FUND II / WELLS FARGO & COMPANY ownership change
16 Jul 21
SC 13D/A
PIMCO NEW YORK MUNICIPAL INCOME FUND II / WELLS FARGO & COMPANY ownership change
16 Jul 21
SC 13D/A
PIMCO MUNICIPAL INCOME FUND III / WELLS FARGO & COMPANY ownership change
16 Jul 21
SC 13D/A
PIMCO CALIFORNIA MUNICIPAL INCOME FUND III / WELLS FARGO & COMPANY ownership change
16 Jul 21
SC 13D/A
PIMCO CALIFORNIA MUNICIPAL INCOME FUND / WELLS FARGO & COMPANY ownership change
16 Jul 21
SC 13D/A
PIMCO CALIFORNIA MUNICIPAL INCOME FUND II / WELLS FARGO & COMPANY ownership change
16 Jul 21
4
WELLS FARGO & COMPANY / Amanda G Norton ownership change
14 Jul 21
SC 13G/A
Zepp Health / WELLS FARGO & COMPANY ownership change
12 Jul 21
SC 13G/A
BlackRock Resources & Commodities Strategy Trust / WELLS FARGO & COMPANY ownership change
12 Jul 21
Transcripts
2021 Q2
Earnings call transcript
14 Jul 21
2021 Q1
Earnings call transcript
14 Apr 21
2020 Q4
Earnings call transcript
15 Jan 21
2020 Q3
Earnings call transcript
14 Oct 20
2020 Q2
Earnings call transcript
14 Jul 20
2020 Q1
Earnings call transcript
14 Apr 20
2019 Q4
Earnings call transcript
14 Jan 20
2019 Q3
Earnings call transcript
15 Oct 19
2019 Q2
Earnings call transcript
16 Jul 19
2019 Q1
Earnings call transcript
12 Apr 19
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