WFC Wells Fargo & Co.
Wells Fargo & Co. is a diversified, community-based financial services company. It is engaged in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance. It firm operates through the following segments: Community Banking, Wholesale Banking, Wealth & Investment Management, and Other. The Community Banking segment offers complete line of diversified financial products and services for consumers and small businesses including checking and savings accounts, credit and debit cards, and automobile, student, and small business lending. The Wholesale Banking segment provides financial solutions to businesses across the United States and globally. The Wealth and Investment Management segment includes personalized wealth management, investment and retirement products and services to clients across U.S. based businesses. The Other segment refers to the products of WIM customers served through community banking distribution channels. The company was founded by Henry Wells and William G. Fargo on March 18, 1852 and is headquartered in San Francisco, CA.
Company profile
Ticker
WFC
Exchange
Website
CEO
Charles William Scharf
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
Former names
Norwest Corp, Wells Fargo & Co
SEC CIK
Corporate docs
IRS number
410449260
Investment data
| Top 50 of 6171 long holdings End of quarter 31 Dec 19 |
Value |
#Shares |
|---|---|---|
| $8.58B | 54.41M | |
| $7.96B | 24.63M | |
| $6.57B | 22.37M | |
| $6.02B | 53.53M | |
|
SPDR S&P 500 Etf TR
|
$4.91B | 15.26M |
|
Vanguard Tax Managed Intl FD
|
$4.59B | 104.22M |
| $4.27B | 25.79M | |
| $3.97B | 28.46M | |
| $3.79B | 18.44M | |
| $3.71B | 2.01M | |
|
Vanguard Intl Equity Index F
|
$3.56B | 80.03M |
| $3.15B | 21.61M | |
| $3.08B | 57.25M | |
| $2.66B | 55.55M | |
| $2.58B | 11.82M | |
| $2.35B | 1.76M | |
| $2.33B | 39M | |
| $2.28B | 18.24M | |
| $2.25B | 57.52M | |
| $2.21B | 11.78M | |
| $2.1B | 1.57M | |
| $2.1B | 23.08M | |
| $2.07B | 8.56M | |
| $1.99B | 6.77M | |
| $1.94B | 43.06M | |
| $1.92B | 13.26M | |
| $1.91B | 31.12M | |
| $1.9B | 9.25M | |
| $1.9B | 27.33M | |
| $1.87B | 10.99M | |
| $1.84B | 21.92M | |
| $1.81B | 13.25M | |
| $1.77B | 8.97M | |
| $1.72B | 7.13M | |
| $1.72B | 28.66M | |
| $1.71B | 19.73M | |
| $1.7B | 23.35M | |
| $1.69B | 20.13M | |
| $1.68B | 13.97M | |
| $1.67B | 23.9M | |
| $1.65B | 17.78M | |
| $1.62B | 12.63M | |
| $1.6B | 24.77M | |
| $1.6B | 8.98M | |
| $1.58B | 13.89M | |
|
Invesco QQQ TR
|
$1.55B | 7.27M |
| $1.49B | 22.8M | |
| $1.43B | 14.16M | |
| $1.42B | 11.98M | |
| $1.4B | 7.78M |
Holdings list only includes long positions.
Only includes long positions.
Calendar
27 Feb 20
9 Apr 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Sep 19 | Jun 19 | Mar 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | 22.01B | 21.58B | 21.61B | 20.98B | |
| Net income | 4.61B | 6.21B | 5.86B | 6.06B | |
| Diluted EPS | 0.92 | 1.3 | 1.2 | 1.21 | |
| Net profit margin | 20.95% | 28.75% | 27.12% | 28.90% | |
| Net change in cash | -15.7B | 15.46B | -24.32B | 13.76B | |
| Cash on hand | 148.73B | 164.43B | 148.97B | 173.29B |
| Annual (USD) | Dec 18 | Dec 17 | Dec 16 | Dec 15 | |
|---|---|---|---|---|---|
| Revenue | 86.41B | 88.39B | 88.27B | ||
| Net income | 22.39B | 22.18B | 21.94B | 22.89B | |
| Diluted EPS | 4.28 | 4.1 | 3.99 | 4.12 | |
| Net profit margin | 25.92% | 25.10% | 24.85% | ||
| Net change in cash | -42.66B | -5.45B | -18.12B | 729M | |
| Cash on hand | 173.29B | 215.95B | 221.4B | 239.52B |
Financial data from company earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|
| 1 Apr 20 | Baker John D Ii | Phantom Stock Units Common Stock, $1 2/3 Par Value | Grant | Aquire A | 26.57 | 1,765.776 | 46.92K | 109,661.765 |
| 1 Apr 20 | Clark Celeste A. | Phantom Stock Units Common Stock, $1 2/3 Par Value | Grant | Aquire A | 26.57 | 1,684.23 | 44.75K | 9,751.772 |
| 1 Apr 20 | Hewett Wayne M. | Phantom Stock Units Common Stock, $1 2/3 Par Value | Grant | Aquire A | 26.57 | 1,714.81 | 45.56K | 8,799.13 |
| 1 Apr 20 | Noski Charles H | Phantom Stock Units Common Stock, $1 2/3 Par Value | Grant | Aquire A | 26.57 | 2,140.724 | 56.88K | 7,254.525 |
| 1 Apr 20 | Ronald Sargent | Phantom Stock Units Common Stock, $1 2/3 Par Value | Grant | Aquire A | 26.57 | 2,371.095 | 63K | 24,915.769 |
Institutional ownership Q4 2019
76.7% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 2047 |
| Opened positions | 244 |
| Closed positions | 114 |
| Increased positions | 695 |
| Reduced positions | 863 |
13F shares |
Current |
|---|---|
| Total value | 1.3T |
| Total shares | 3.14B |
| Total puts | 50.63M |
| Total calls | 36.07M |
| Total put/call ratio | 1.4 |
Largest owners |
Shares | Value |
|---|---|---|
| BRK.A Berkshire Hathaway | 323.21M | $17.39B |
| Vanguard | 311.75M | $16.77B |
| BLK BlackRock | 277.37M | $14.92B |
| STT State Street | 169.7M | $9.13B |
| FMR | 88.42M | $4.76B |
| N Price T Rowe Associates | 85.28M | $4.59B |
| Dodge & Cox | 84.62M | $4.55B |
| Geode Capital Management | 55.46M | $2.98B |
| BEN Franklin Resources | 54.38M | $2.93B |
| State Farm Mutual Automobile Insurance | 51.54M | $2.77B |
Content analysis
?
| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
7th grade Avg
|
|
New words:
Argentiere, automobile, Bankruptcy, Beurden, case, Chairman, column, Daley, debit, Derek, fiduciary, Formatted, Inline, Interim, LTICP, maximum, Mellon, Noski, Payne, percentage, Powell, qualitative, renamed, Santander, scharf, Scott, small, Strategic, student, traditional, USA, Van, Visa, William
Financial reports
10-K
2019 FY
Annual report
27 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
10-K
2018 FY
Annual report
27 Feb 19
10-Q
2018 Q3
Quarterly report
6 Nov 18
10-Q
2018 Q2
Quarterly report
3 Aug 18
10-Q
2018 Q1
Quarterly report
4 May 18
10-K
2017 FY
Annual report
1 Mar 18
10-Q
2017 Q3
Quarterly report
3 Nov 17
Current reports
8-K
Financial Statements and Exhibits
8 Apr 20
8-K
Financial Statements and Exhibits
7 Apr 20
8-K
Financial Statements and Exhibits
6 Apr 20
8-K
Financial Statements and Exhibits
3 Apr 20
8-K
Financial Statements and Exhibits
2 Apr 20
8-K
Financial Statements and Exhibits
1 Apr 20
8-K
Financial Statements and Exhibits
31 Mar 20
8-K
Financial Statements and Exhibits
30 Mar 20
8-K
Financial Statements and Exhibits
30 Mar 20
8-K
Financial Statements and Exhibits
27 Mar 20
Registration and prospectus
424B2
Prospectus for primary offering
8 Apr 20
424B2
Prospectus for primary offering
8 Apr 20
424B2
Prospectus for primary offering
7 Apr 20
424B2
Prospectus for primary offering
7 Apr 20
424B2
Prospectus for primary offering
6 Apr 20
424B2
Prospectus for primary offering
6 Apr 20
424B2
Prospectus for primary offering
6 Apr 20
424B2
Prospectus for primary offering
6 Apr 20
424B2
Prospectus for primary offering
6 Apr 20
424B2
Prospectus for primary offering
6 Apr 20
Proxies
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
DEFA14A
Additional proxy soliciting materials
29 Mar 19
DEFA14A
Additional proxy soliciting materials
28 Mar 19
DEFA14A
Additional proxy soliciting materials
18 Mar 19
DEFA14A
Additional proxy soliciting materials
13 Mar 19
DEFA14A
Additional proxy soliciting materials
13 Mar 19
Other
EFFECT
Notice of effectiveness
26 Feb 20
CORRESP
Correspondence with SEC
24 Feb 20
CORRESP
Correspondence with SEC
21 Feb 20
CORRESP
Correspondence with SEC
19 Feb 20
UPLOAD
Letter from SEC
4 Feb 20
EFFECT
Notice of effectiveness
8 Apr 19
EFFECT
Notice of effectiveness
15 Mar 19
EFFECT
Notice of effectiveness
15 Mar 19
CERTNYS
Certification of approval for NYSE listing
24 Apr 17
NO ACT
No action letter
2 Mar 17
Ownership
3
WELLS FARGO & COMPANY / Muneera S Carr ownership change
6 Apr 20
4
WELLS FARGO & COMPANY / RONALD SARGENT ownership change
3 Apr 20
4
WELLS FARGO & COMPANY / CHARLES H NOSKI ownership change
3 Apr 20
4
WELLS FARGO & COMPANY / Wayne M. Hewett ownership change
3 Apr 20
4
WELLS FARGO & COMPANY / Celeste A. Clark ownership change
3 Apr 20
4
WELLS FARGO & COMPANY / JOHN D BAKER II ownership change
3 Apr 20
4
WELLS FARGO & COMPANY / Ellen R Patterson ownership change
1 Apr 20
4
WELLS FARGO & COMPANY / Jonathan G. Weiss ownership change
31 Mar 20
4
WELLS FARGO & COMPANY / John R. Shrewsberry ownership change
31 Mar 20
4
WELLS FARGO & COMPANY / Petros G Pelos ownership change
31 Mar 20