Wells Fargo Future Growth

Future criteria checks 0/6

Wells Fargo is forecast to grow earnings and revenue by 3.7% and 3.8% per annum respectively. EPS is expected to grow by 8.2% per annum. Return on equity is forecast to be 11.4% in 3 years.

Key information

3.7%

Earnings growth rate

8.2%

EPS growth rate

Banks earnings growth	13.1%
Revenue growth rate	3.8%
Future return on equity	11.4%
Analyst coverage	Good
Last updated	21 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

BVL:WFC - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	86,374	19,335	N/A	N/A	9
12/31/2025	83,373	17,878	N/A	N/A	12
12/31/2024	82,363	18,436	N/A	N/A	12
9/30/2024	77,875	16,965	12,333	12,333	N/A
6/30/2024	78,234	17,563	23,632	23,632	N/A
3/31/2024	77,601	17,582	20,827	20,827	N/A
12/31/2023	77,198	17,982	40,358	40,358	N/A
9/30/2023	77,079	17,699	29,401	29,401	N/A
6/30/2023	76,201	15,562	25,912	25,912	N/A
3/31/2023	73,841	13,766	34,255	34,255	N/A
12/31/2022	72,834	12,562	27,048	27,048	N/A
9/30/2022	74,983	15,155	24,620	24,620	N/A
6/30/2022	76,434	16,629	7,794	7,794	N/A
3/31/2022	81,541	19,509	-7,856	-7,856	N/A
12/31/2021	83,321	20,818	-11,525	-11,525	N/A
9/30/2021	80,119	17,527	-39,107	-39,107	N/A
6/30/2021	78,440	15,641	-42,873	-42,873	N/A
3/31/2021	65,655	5,738	-18,692	-18,692	N/A
12/31/2020	60,172	1,786	2,051	2,051	N/A
9/30/2020	60,802	1,591	37,239	37,239	N/A
6/30/2020	63,563	2,727	32,840	32,840	N/A
3/31/2020	75,862	12,735	16,052	16,052	N/A
12/31/2019	84,227	18,105	6,730	6,730	N/A
9/30/2019	83,651	21,103	9,341	9,341	N/A
6/30/2019	83,697	22,519	28,974	28,974	N/A
3/31/2019	83,717	21,463	28,794	28,794	N/A
12/31/2018	84,696	20,689	36,073	36,073	N/A
9/30/2018	85,732	20,718	21,314	21,314	N/A
6/30/2018	85,503	19,396	N/A	24,188	N/A
3/31/2018	86,082	20,054	N/A	20,711	N/A
12/31/2017	85,989	20,554	N/A	18,619	N/A
9/30/2017	85,283	19,686	N/A	23,108	N/A
6/30/2017	85,674	20,798	N/A	11,179	N/A
3/31/2017	85,082	20,521	N/A	8,170	N/A
12/31/2016	84,541	20,373	N/A	1,008	N/A
9/30/2016	84,550	20,704	N/A	-8,847	N/A
6/30/2016	84,199	20,904	N/A	12,487	N/A
3/31/2016	84,129	21,094	N/A	18,171	N/A
12/31/2015	83,690	21,470	N/A	15,904	N/A
9/30/2015	83,846	21,649	N/A	22,666	N/A
6/30/2015	83,519	21,614	N/A	18,791	N/A
3/31/2015	83,350	21,675	N/A	17,203	N/A
12/31/2014	82,980	21,821	N/A	17,529	N/A
9/30/2014	82,296	21,808	N/A	29,087	N/A
6/30/2014	81,854	21,717	N/A	35,128	N/A
3/31/2014	81,731	21,565	N/A	51,345	N/A
12/31/2013	81,456	20,889	N/A	57,641	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: WFC's forecast earnings growth (3.7% per year) is below the savings rate (8.7%).

Earnings vs Market: WFC's earnings (3.7% per year) are forecast to grow slower than the PE market (10.1% per year).

High Growth Earnings: WFC's earnings are forecast to grow, but not significantly.

Revenue vs Market: WFC's revenue (3.8% per year) is forecast to grow slower than the PE market (4% per year).

High Growth Revenue: WFC's revenue (3.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: WFC's Return on Equity is forecast to be low in 3 years time (11.4%).

Wells Fargo Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Recent updates

Third quarter dividend of US$0.40 announced

Wells Fargo & Company Announces Common Stock Dividend, Payable on Dec. 1, 2024

Insider recently sold US$2.2m worth of stock

Third quarter 2024 earnings released: EPS: US$1.43 (vs US$1.49 in 3Q 2023)

Wells Fargo & Company Announces Management Changes

Wells Fargo Appoints Peter Dorfman as Managing Director

Trimont Pty Ltd agreed to acquire Non-Agency Third-Party Servicing Segment of its Commercial Mortgage Servicing Business from Wells Fargo & Company (NYSE:WFC)

Wells Fargo & Company Announces Executive Appointments

Second quarter dividend increased to US$0.40

Wells Fargo & Company Approves Third Quarter Dividend, Payable on September 1, 2024

Second quarter 2024 earnings released: EPS: US$1.35 (vs US$1.26 in 2Q 2023)

Wells Fargo & Company Reports Net Charge-Offs for the Second Quarter Ended June 30, 2024

Wells Fargo and Mastercard Announces the New Attune? World Elite Mastercard

Investor sentiment improves as stock rises 20%

Wells Fargo Launches Signify Business Cash Mastercard®

Wells Fargo & Company Appoints Fernando Rivas as SEVP, Co-CEO of Corporate & Investment Banking and Member of Operating Committee

First quarter dividend of US$0.35 announced

First quarter 2024 earnings released: EPS: US$1.21 (vs US$1.25 in 1Q 2023)

Wells Fargo & Company Approves a Quarterly Common Stock Dividend, Payable June 1, 2024

First quarter 2024 earnings released: EPS: US$1.21 (vs US$1.25 in 1Q 2023)

Wells Fargo & Company Appoints Jason M. Rosenberg as Head of Public Affairs, Effective from April 15

Wells Fargo & Company to Report Q3, 2025 Results on Oct 15, 2025

Wells Fargo to Launch Autograph Journey(Sm) Card Designed for Frequent Travelers

Wells Fargo & Company, Annual General Meeting, Apr 23, 2024

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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