WFC Wells Fargo & Company
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, WFC-PO, WFC-PX, WFC-PN, WFC-PY, WFC-PP, WFC-PQ, WFC-PT, WFC-PL, WFC-PR, WFC-PW, WFC-PV, WFC-PZ
Exchange
Website
CEO
Charles William 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
()
Investment data
| Top 50 of 6500 long holdings End of quarter 30 Jun 20 |
Value |
#Shares |
|---|---|---|
| $10.79B | 53.01M | |
| $7.87B | 21.58M | |
| $6.25B | 20.17M | |
| $6.01B | 50.82M | |
| $5.39B | 1.95M | |
| $5.03B | 16.31M | |
| $3.95B | 24.07M | |
|
Vanguard Tax-managed FDS
|
$3.48B | 89.64M |
| $3.08B | 21.54M | |
| $3.05B | 21.68M | |
| $2.72B | 28.92M | |
| $2.7B | 10.8M | |
| $2.67B | 57.23M | |
| $2.53B | 1.78M | |
| $2.41B | 13.55M | |
| $2.4B | 1.7M | |
| $2.4B | 34.52M | |
|
Vanguard Intl Equity Index F
|
$2.38B | 60.13M |
| $2.38B | 12.3M | |
| $2.34B | 19.54M | |
| $2.2B | 41.04M | |
| $2.19B | 7.43M | |
| $2.11B | 9.28M | |
| $2.06B | 43.32M | |
| $1.96B | 8.17M | |
| $1.9B | 34.47M | |
| $1.83B | 20.03M | |
| $1.82B | 23.54M | |
| $1.78B | 45.72M | |
| $1.76B | 7.45M | |
| $1.75B | 29.32M | |
| $1.75B | 13.21M | |
| $1.73B | 57.28M | |
| $1.65B | 18.62M | |
| $1.6B | 25.53M | |
| $1.56B | 13M | |
| $1.55B | 8.42M | |
| $1.51B | 14.49M | |
| $1.5B | 11.09M | |
| $1.45B | 12.11M | |
| $1.38B | 5.57M | |
| $1.38B | 6.41M | |
| $1.37B | 14.91M | |
| $1.36B | 9.11M | |
| $1.35B | 13.81M | |
| $1.33B | 4.51M | |
| $1.31B | 7.48M | |
| $1.27B | 11.35M | |
| $1.26B | 2.31M | |
| $1.25B | 13.02M |
Holdings list only includes long positions.
Only includes long positions.
Calendar
4 Aug 20
22 Oct 20
31 Dec 20
News
Financial summary
| Quarter (USD) | Jun 20 | Mar 20 | Sep 19 | Jun 19 | |
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| Revenue | |||||
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| Operating income | |||||
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| Net income | |||||
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| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
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| Diluted EPS |
Financial data from company earnings reports.
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 1 Oct 20 | Black Steven D | Phantom Stock Units Common Stock, $1 2/3 Par Value | Grant | Aquire A | No | 23.56 | 1,390.068 | 32.75K | 8,406.405 |
| 1 Oct 20 | Mark A Chancy | Phantom Stock Units Common Stock, $1 2/3 Par Value | Grant | Aquire A | No | 23.56 | 586.811 | 13.83K | 5,987.811 |
| 1 Oct 20 | Clark Celeste A. | Phantom Stock Units Common Stock, $1 2/3 Par Value | Grant | Aquire A | No | 23.56 | 1,644.737 | 38.75K | 19,551.064 |
| 1 Oct 20 | Hewett Wayne M. | Phantom Stock Units Common Stock, $1 2/3 Par Value | Grant | Aquire A | No | 23.56 | 1,424.554 | 33.56K | 18,268.721 |
| 1 Oct 20 | Noski Charles H | Phantom Stock Units Common Stock, $1 2/3 Par Value | Grant | Aquire A | No | 23.56 | 4,212.649 | 99.25K | 22,145.571 |
Institutional ownership Q2 2020
67.2% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 1717 |
| Opened positions | 1573 |
| Closed positions | 35 |
| Increased positions | 140 |
| Reduced positions | 4 |
13F shares |
Current |
|---|---|
| Total value | 649.84B |
| Total shares | 2.78B |
| Total puts | 70.71M |
| Total calls | 64.13M |
| Total put/call ratio | 1.1 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 303.98M | $7.78B |
| BLK BlackRock | 286.31M | $7.33B |
| BRK.A Berkshire Hathaway | 237.58M | $6.08B |
| STT State Street | 159.2M | $4.08B |
| FMR | 109.77M | $2.81B |
| Dodge & Cox | 103.36M | $2.65B |
| N Price T Rowe Associates | 73.99M | $1.89B |
| Geode Capital Management | 56.16M | $1.44B |
| State Farm Mutual Automobile Insurance | 51.54M | $1.32B |
| Primecap Management | 46.71M | $1.2B |
Content analysis
?
| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. freshman Avg
|
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New words:
academic, allegedly, answer, cardholder, citing, covenant, COVID, donate, donating, downside, elevation, endorse, facial, false, footnote, IDI, immaterial, link, lump, Maryland, match, medium, migration, misleading, multifamily, narrowed, nonprofit, optimistic, persistence, pessimistic, pre, privacy, pro, question, rata, regain, rent, resell, resubmission, resubmit, resurgence, SBA, secondarily, shopping, slowly, suspension, timeframe, UPB, upcoming, upside, wear, West, withholding
Removed:
claim, connecting, Delaware, employment, Eurozone, Germany, misconduct, modestly, nonconforming, practice, reclassification, stayed, unclosed, whistleblower
Financial reports
10-Q
2020 Q2
Quarterly report
4 Aug 20
10-Q
2020 Q1
Quarterly report
5 May 20
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
Current reports
8-K
Wells Fargo Reports Third Quarter 2020 Net Income of $2.0 Billion, or $0.42 Per Diluted Share
14 Oct 20
8-K
Financial Statements and Exhibits
21 Aug 20
8-K
Departure of Directors or Certain Officers
21 Aug 20
8-K
Financial Statements and Exhibits
14 Aug 20
8-K
Financial Statements and Exhibits
7 Aug 20
8-K
Financial Statements and Exhibits
31 Jul 20
8-K
Amendments to Articles of Incorporation or Bylaws
29 Jul 20
8-K
Departure of Directors or Certain Officers
21 Jul 20
8-K
Financial Statements and Exhibits
20 Jul 20
8-K
Financial Statements and Exhibits
17 Jul 20
Registration and prospectus
FWP
Free writing prospectus
21 Oct 20
424B2
Prospectus for primary offering
21 Oct 20
424B2
Prospectus for primary offering
14 Oct 20
424B2
Prospectus for primary offering
14 Oct 20
424B2
Prospectus for primary offering
14 Oct 20
424B2
Prospectus for primary offering
20 Aug 20
424B2
Prospectus for primary offering
20 Aug 20
424B2
Prospectus for primary offering
13 Aug 20
424B2
Prospectus for primary offering
7 Aug 20
424B2
Prospectus for primary offering
6 Aug 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
20 Jul 20
CORRESP
Correspondence with SEC
17 Jul 20
UPLOAD
Letter from SEC
15 Jun 20
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
Ownership
SC 13G/A
FIRST TRUST DYNAMIC EUROPE EQUITY INCOME FUND / WELLS FARGO & COMPANY ownership change
8 Oct 20
4
WELLS FARGO & COMPANY / John R. Shrewsberry ownership change
2 Oct 20
4
WELLS FARGO & COMPANY / Derek A. Flowers ownership change
2 Oct 20
4
WELLS FARGO & COMPANY / THEODORE F CRAVER JR ownership change
2 Oct 20
4
WELLS FARGO & COMPANY / RONALD SARGENT ownership change
2 Oct 20
4
WELLS FARGO & COMPANY / CHARLES H NOSKI ownership change
2 Oct 20
4
WELLS FARGO & COMPANY / Wayne M. Hewett ownership change
2 Oct 20
4
WELLS FARGO & COMPANY / Celeste A. Clark ownership change
2 Oct 20
4
WELLS FARGO & COMPANY / Mark A Chancy ownership change
2 Oct 20
4
WELLS FARGO & COMPANY / STEVEN D BLACK ownership change
2 Oct 20