Wells Fargo & Company (WFC-PY) - Stock & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Preferred Stock • ISIN: -s

Banking, Investment, Mortgage, Lending, Financial

Wells Fargo & Company is a leading financial services company that offers a wide range of banking, investment, mortgage, and consumer and commercial finance products and services to individuals, small businesses, and large corporations in the United States and internationally.

The company operates through four main segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. The Consumer Banking and Lending segment provides a variety of financial products and services to consumers and small businesses, including checking and savings accounts, credit and debit cards, home loans, auto loans, personal loans, and small business lending services.

The Commercial Banking segment provides financial solutions to private, family-owned, and certain public companies across various industry sectors and municipalities. Its products and services include banking and credit products, secured lending and lease products, and treasury management services.

The Corporate and Investment Banking segment offers a suite of capital markets, banking, and financial products and services to corporate, commercial real estate, government, and institutional clients. Its products and services include corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity, and fixed income solutions, as well as sales, trading, and research capabilities.

The Wealth and Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, and trust and fiduciary products and services to affluent, high-net worth, and ultra-high-net worth clients. The company's financial advisors operate through brokerage and wealth offices, consumer bank branches, independent offices, and digitally through WellsTrade and Intuitive Investor.

Founded in 1852, Wells Fargo & Company is headquartered in San Francisco, California, and has a long history of providing innovative financial solutions to its customers. With a strong online presence, customers can access a range of financial products and services through the company's website, https://www.wellsfargo.com.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Wells Fargo & Company (WFC-PY) - Stock & Dividends

WFC-PY Stock Overview

Market Cap in USD 193,111m
Sector Financial Services
Industry Banks - Diversified
GiC SubIndustry Regional Banks
TER 0.00%
IPO / Inception

WFC-PY Stock Ratings

Growth 5y 46.0
Fundamental -8.87
Dividend 6.42
Rel. Performance vs Sector -1.33
Analysts -
Fair Price Momentum 22.39 USD
Fair Price DCF 121.27 USD

WFC-PY Dividends

Yield 12m 5.95%
Yield on Cost 5y 7.22%
Dividends CAGR 5y 0.00%
Payout Consistency 98.1%

WFC-PY Growth Ratios

Growth 12m 8.48%
Growth Correlation 12m 58%
Growth Correlation 3m -25%
CAGR 5y 3.95%
CAGR/Mean DD 5y 1.32
Sharpe Ratio 12m 0.28
Alpha vs SP500 12m -6.85
Beta vs SP500 5y weekly 0.52
ValueRay RSI 41.59
Volatility GJR Garch 1y 11.80%
Price / SMA 50 0.55%
Price / SMA 200 3.1%
Current Volume 41.2k
Average Volume 20d 33k

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What is the price of WFC-PY stocks?
As of June 15, 2024, the stock is trading at USD 23.65 with a total of 41,234 shares traded.
Over the past week, the price has changed by -0.25%, over one month by +1.28%, over three months by -1.91% and over the past year by +9.38%.
What are the forecast for WFC-PY stock price target?
According to ValueRays Forecast Model, WFC-PY Wells Fargo & Company will be worth about 24.3 in June 2025. The stock is currently trading at 23.65. This means that the stock has a potential upside of +2.62%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 24.3 2.62

The History of Wells Fargo & Company

Wells Fargo & Company, a name synonymous with American banking and financial services, began its journey in 1852. Founded by Henry Wells and William Fargo in New York, it was established to cater to the banking and express needs of the Gold Rush pioneers in California. The company quickly made a name for itself by providing dependable banking, express, and mail services across the western U.S., navigating the challenges of a rapidly expanding nation.

Core and Side Businesses

At its core, Wells Fargo operates as a diversified financial services company. It offers a broad spectrum of banking, insurance, investments, mortgage, and consumer and commercial finance products and services. Notably, it serves one in three U.S. households and occupies a substantial presence in the online banking realm.

Beyond its primary banking operation, Wells Fargo has dipped its toes in several side ventures and segments. These include wealth management, securities brokerage, and retirement services. Moreover, the company has made strategic investments in technological innovations to streamline financial transactions and customer services, marking its foray into the fintech domain.

Current Market Status

As of the latest assessments, Wells Fargo remains one of the largest banks in the United States by total assets. Despite facing regulatory challenges and reputational hits in the past, the company is making strides in rebuilding its image and refocusing on core operations. It has been actively divesting from non-core businesses and implementing strategies aimed at enhancing customer satisfaction and operational efficiency.

The market status of Wells Fargo thus reflects a period of transition and recovery, with a keen emphasis on leveraging technology and enhancing its service offerings. With its share listed on the New York Stock Exchange under the ticker NYSE:WFC-PY, the bank continues to be a significant player in the global financial landscape, closely watched by investors and industry analysts alike.