Reading the tape
NYSE: WFC
Wells Fargo & Company
Financial Services · Banks - Diversified
Market Cap
$245.21B
52w High
$97.76
52w Low
$71.90
P/E
11.70
Volume
1.01M
Outstanding Shares
3.06B
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
1Y Price: 8.33%Revenue (TTM): 1.74%FCF (TTM): -71.4%P/E: 63rd pct
What changed
The stock rose 8.33% over the last year. Revenue grew 1.74% over the trailing twelve months. Operating margin moved from 18.7% to 20.47%. Free cash flow declined 71.4% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher against modestly weakening underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 20.47%. A decisive move in revenue — currently up 1.74% — would be the clearest signal to resolve the ambiguity.
Company profile
Wells Fargo & Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally.
CEOCharles W. Scharf
SectorFinancial Services
IndustryBanks - Diversified
Employees217,000
IPO dateJun 1, 1972
Valuation
Forward P/E—
EV/EBITDA18.67
Enterprise value$547.8B
Price / Book1.35
Stock splits
Aug 14, 2006↑ Forward
Every 1 shares became 2
Oct 14, 1997↑ Forward
Every 1 shares became 2
Jun 29, 1993↑ Forward
Every 1 shares became 2
Jul 24, 1989↑ Forward
Every 1 shares became 2
Jul 1, 1988↑ Forward
Every 2 shares became 3
Jun 20, 1977↑ Forward
Every 1 shares became 2
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Income growth5.69%
Gross marginN/A
Operating margin31.48%▲5.05%vs FY2024
ROE11.78%▲7.00%vs FY2024
Analyst consensus
RatingHold
Target price$98.13▲22.63%
27
Buy
29
Hold
4
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 14, 2026
Q3 FY26 · EPS est $1.71 · Revenue est $21.75B
View
Dividends
$1.80/shareQuarterly5yr growth streakEx-div May 8, 2026 · in 4dWFC pays a dividend with a 2.25% declared yield, 5 consecutive years of growth.
Declared Yield
2.25%
Annual Div / Share
$1.80
TTM $1.75
5yr CAGR
+35.1%
Payout Ratio
30.15%
Bank — specialized metrics apply
Dividend Growth Rate
3yr CAGR
+14.47%
5yr CAGR
+35.1%
10yr CAGR
+1.81%
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2026$1.80+12.5%
2025$1.60+14.3%
2024$1.40+16.7%
2023$1.20+33.3%
2022$0.90+125.0%
2021$0.40-80.4%
2020$2.04+15.9%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$22/yr
$2/mo
In 5 yrs
$22/yr
$2/mo
In 10 yrs
$22/yr
$2/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$22/yr $2/mo | $22/yr $2/mo | $22/yr $2/mo |
5yr and 10yr income use the current dividend with no growth assumption because bank payout growth depends on earnings cycles, regulation, and capital policy.
Congressional Activity
Congress Trades in WFC
STOCK Act disclosures from senators and representatives.
Lloyd Smucker
PAhouseRepublicanSale2026-04-23$15,001 - $50,000+8d to disclose
Mark Warner
VAsenateDemocratPurchaseJoint2026-04-13$1,001 - $15,000+18d to discloseMark Warner
VAsenateDemocratPurchase2026-04-13$1,001 - $15,000+18d to disclose
Ro Khanna
CAhouseDemocratPurchase2026-03-11$1,001 - $15,000+29d to disclose- MC
Mitch Mc Connell
KYsenatePurchaseSpouse2026-03-01$1,001 - $15,000+18d to disclose - MM
Mitch McConnell
KYsenateRepublicanPurchaseSpouse2026-03-01$1,001 - $15,000+18d to disclose 
John Boozman
ARsenateRepublicanPurchaseJoint2025-12-17$1,001 - $15,000+26d to disclose