WFC Wells Fargo & Co. Dashboard

Wells Fargo & Company is an American multinational financial services company headquartered in San Francisco, California, with managerial offices throughout the United States and overseas. It is the world's fourth-largest bank by market capitalization and the fourth largest bank in the US by total assets. Wells Fargo is ranked number 26 on the 2018 Fortune 500 rankings of the largest US corporations by total revenue. In July 2015, Wells Fargo became the world's largest bank by market capitalization, edging past ICBC, before slipping behind JPMorgan Chase in September 2016, in the wake of a scandal involving the creation of over 2 million fake bank accounts and illegal manipulation of other accounts by Wells Fargo employees. Wells Fargo fell behind Bank of America to third by bank deposits in 2017 and behind Citigroup to fourth by total assets in 2018. Wells Fargo is incorporated in Delaware.

Company profile

Ticker

WFC, WFC+Z, WFC+A, WFC+C

Exchange

NYSE

Website

www.wellsfargo.com/

CEO

Charles Scharf

Incorporated

Delaware

Location

California

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

National Commercial Banks

Citigroup • JPMorgan Chase & Co. • U.S. Bancorp. • PNC Financial Services • Shinhan Financial • Capital One Financial • Bank Of America • HSBC USA • Regions Financial • Keycorp ...

Former names

NORWEST CORP, WELLS FARGO & CO/MN

SEC CIK

0000072971

Corporate docs

Articles of Incorporation & Bylaws

IRS number

410449260

WFC stock data

S&P 500

1M 1Y 2Y 5Y

News

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Morgan Stanley Maintains Overweight on Wells Fargo, Raises Price Target to $43

1 Mar 21

Morgan Stanley analyst Betsy Graseck maintains Wells Fargo (NYSE:WFC) with a Overweight and raises the price target from $40 to $43.

10 Biggest Price Target Changes For Wednesday

24 Feb 21

DA Davidson boosted The Estée Lauder Companies Inc. (NYSE: EL) price target from $320 to $348. Estée Lauder shares rose 2.3% to close at $291.90 on Tuesday.

Raymond James Maintains Outperform on Wells Fargo, Raises Price Target to $42

24 Feb 21

Raymond James analyst David Long maintains Wells Fargo (NYSE:WFC) with a Outperform and raises the price target from $37 to $42.

Wells Fargo Enters Agreement With GTCR And Reverence Capital Partners To Sell Wells Fargo Asset Management For $2.1B; Wells Fargo To Own 9.9% Equity Interest

23 Feb 21

Benzinga's Top Ratings Upgrades, Downgrades For February 18, 2021

18 Feb 21

Press releases

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Wells Fargo & Company Announces Final Results of Tender Offers by Its Wholly-Owned Subsidiary

1 Mar 21

Wells Fargo & Company (NYSE:WFC) today announced the final results for its previously announced cash tender offers (the "Offers") by Wells Fargo Securities, LLC ("Wells Fargo Securities"), an indirect wholly-owned

Wells Fargo Closed-End Funds Declare Monthly and Quarterly Distributions

26 Feb 21

The Wells Fargo Income Opportunities Fund (NYSE:EAD), the Wells Fargo Multi-Sector Income Fund (NYSE:ERC), the Wells Fargo Utilities and High Income Fund (NYSE:ERH), and the Wells Fargo Global Dividend Opportunity Fund

Wells Fargo Donates $500,000 for Winter Storm Relief in Texas

24 Feb 21

Funding to help with access to food and water, home repairs in hard-hit communities; customer support also available The devastating effects of several winter storms have left millions of Texans dealing with costly

Announced Sale of Wells Fargo Closed-End Funds' Advisor and Subadvisors

23 Feb 21

Wells Fargo Enters Agreement with GTCR and Reverence Capital Partners to Sell Wells Fargo Asset Management

23 Feb 21

Investment data

Data from SEC filings

Top 50 of 6748 long holdings End of quarter 31 Dec 20	Value	#Shares
MSFT Microsoft Corp	$11.63B	52.29M
AAPL Apple Inc	$11.04B	83.23M
Ishares TR (CORE S&P500 ETF)	$7.32B	19.49M
AMZN Amazon Com Inc	$6.55B	2.01M
Ishares TR (CORE US AGGBD ET)	$6B	50.76M
Ishares TR (RUSSELL 2000 ETF)	$5.21B	26.6M
Vanguard Index FDS	$5.11B	24.71M
SPY SPDR S&P 500 Etf TR	$3.84B	10.27M
Vanguard Tax-managed Intl FD	$3.54B	75.08M
JNJ Johnson & Johnson	$3.54B	22.51M
JPM Jpmorgan Chase & Co	$3.54B	27.84M
Ishares Inc	$3B	48.37M
GOOG Alphabet Inc (CAP STK CL A)	$2.94B	1.68M
UNH Unitedhealth Group Inc	$2.9B	8.27M
Ishares TR (CORE S&P TTL STK)	$2.89B	33.46M
Ishares TR (CORE S&P MCP ETF)	$2.88B	12.53M
FB Facebook Inc	$2.85B	10.44M
Vanguard Intl Equity Index F	$2.85B	56.81M
GOOG Alphabet Inc (CAP STK CL C)	$2.78B	1.58M
HD Home Depot Inc	$2.76B	10.39M
Ishares TR (RUS MID CAP ETF)	$2.76B	40.19M
PG Procter and Gamble Co	$2.72B	19.58M
CSCO Cisco Sys Inc	$2.54B	56.79M
NEE Nextera Energy Inc	$2.5B	32.42M
V Visa Inc	$2.49B	11.38M
CMCSA Comcast Corp New	$2.4B	45.72M
ABT Abbott Labs	$2.2B	20.06M
TGT Target Corp	$2.15B	12.17M
VZ Verizon Communications Inc	$2.03B	34.56M
PEP Pepsico Inc	$2.01B	13.59M
DIS Disney Walt Co	$1.95B	10.74M
Goldman Sachs Etf TR	$1.94B	25.59M
NKE Nike Inc	$1.91B	13.5M
MCD Mcdonalds Corp	$1.89B	8.79M
LOW Lowes Cos Inc	$1.85B	11.52M
PYPL Paypal HLDGS Inc	$1.84B	7.87M
MRK Merck & Co. Inc	$1.83B	22.41M
MDT Medtronic PLC	$1.81B	15.46M
WMT Walmart Inc	$1.79B	12.4M
AMGN Amgen Inc	$1.75B	7.61M
STT Select Sector SPDR TR	$1.75B	13.45M
BLK Blackrock Inc	$1.72B	2.39M
ACN Accenture PLC Ireland	$1.67B	6.4M
ADP Automatic Data Processing In	$1.62B	9.18M
BRK.A Berkshire Hathaway Inc Del	$1.58B	6.83M
QQQ Invesco QQQ TR	$1.57B	4.99M
ITW Illinois Tool WKS Inc	$1.55B	7.58M
IBB Ishares TR	$1.5B	12.92M
MA Mastercard Incorporated	$1.5B	4.2M
T At&t Inc	$1.49B	51.94M

Wells Fargo & Co. holdings history Holdings history

Holdings list only includes long positions. Only includes long positions.

Calendar

22 Feb 21

1 Mar 21

31 Dec 21

Financial summary

Financial statements Chart WFC financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 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)	264.61B	264.61B	264.61B	264.61B	264.61B	264.61B
Cash burn (monthly)	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)	7.59B	(positive/no burn)
Cash used (since last report)	n/a	n/a	n/a	n/a	15.39B	n/a
Cash remaining	n/a	n/a	n/a	n/a	249.22B	n/a
Runway (months of cash)	n/a	n/a	n/a	n/a	32.8	n/a

Beta Read what these cash burn values mean

Recent insider trades

WFC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
23 Feb 21	Derek A. Flowers	2018 Performance Shares Common Stock, $1 2/3 Par Value	Grant	Aquire A	No	No	12,290.437	12,290.437
23 Feb 21	Mary T Mack	2018 Performance Shares Common Stock, $1 2/3 Par Value	Grant	Aquire A	No	No	33,797.872	33,797.872
23 Feb 21	Petros G Pelos	2018 Performance Shares Common Stock, $1 2/3 Par Value	Grant	Aquire A	No	No	39,942.537	39,942.537
23 Feb 21	Jonathan G. Weiss	2018 Performance Shares Common Stock, $1 2/3 Par Value	Grant	Aquire A	No	No	24,580.873	24,580.873
16 Feb 21	Wells Fargo & Co.	Variable Rate MuniFund Term Preferred Shares, Series 2021	Other	Aquire J	Yes	No	200	1,800

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

WFC institutional ownership history Ownership history

68.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1677	1590	+5.5%
Opened positions	249	103	+141.7%
Closed positions	162	238	-31.9%
Increased positions	462	534	-13.5%
Reduced positions	814	797	+2.1%

13F shares	Current	Prev Q	Change
Total value	85.71B	65.26B	+31.3%
Total shares	2.82B	2.78B	+1.7%
Total puts	97.3M	77.87M	+25.0%
Total calls	101.46M	75.95M	+33.6%
Total put/call ratio	1.0	1.0	-6.5%

Largest owners	Shares	Value	Change
Vanguard	316.37M	$9.55B	-1.0%
BLK Blackrock	283.86M	$8.57B	-4.1%
STT State Street	167.36M	$5.05B	+0.8%
Dodge & Cox	148.43M	$4.48B	+13.3%
FMR	133.86M	$4.04B	+28.7%
TROW T. Rowe Price	106.53M	$3.22B	+8.5%
Geode Capital Management	59.89M	$1.8B	-1.0%
JPM JPMorgan Chase & Co.	58.89M	$1.78B	+102.5%
BRK.A Berkshire Hathaway	52.42M	$1.58B	-58.8%
State Farm Mutual Automobile Insurance	51.54M	$1.56B	0.0%

Largest transactions	Shares	Bought/sold	Change
BRK.A Berkshire Hathaway	52.42M	-74.96M	-58.8%
Sanders Capital	46.95M	+36.57M	+352.3%
FMR	133.86M	+29.81M	+28.7%
JPM JPMorgan Chase & Co.	58.89M	+29.8M	+102.5%
Dodge & Cox	148.43M	+17.45M	+13.3%
Citadel Advisors	6.03M	-12.94M	-68.2%
BLK Blackrock	283.86M	-12.09M	-4.1%
BAC Bank Of America	18.56M	-9.09M	-32.9%
TROW T. Rowe Price	106.53M	+8.34M	+8.5%
FIL	4.88M	-7.9M	-61.8%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	7th grade Avg

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From filing 10-K 2020 FY