NYSE:WFC.PRV

Stock Analysis Report

Executive Summary

Wells Fargo & Company, a diversified financial services company, provides retail, commercial, and corporate banking services to individuals, businesses, and institutions.

Snowflake

Fundamentals

Flawless balance sheet established dividend payer.


Similar Companies

Share Price & News

How has Wells Fargo's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.3%

NYSE:WFC.PRV

-1.8%

US Banks

-1.6%

US Market


1 Year Return

0.3%

NYSE:WFC.PRV

-16.1%

US Banks

-3.0%

US Market

WFC.PRV outperformed the Banks industry which returned -16.1% over the past year.

WFC.PRV outperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

WFC.PRVIndustryMarket
7 Day0.3%-1.8%-1.6%
30 Day0.2%-10.1%-5.7%
90 Day0.2%-5.0%0.2%
1 Year6.3%0.3%-13.7%-16.1%-0.8%-3.0%
3 Year11.9%-5.8%37.9%28.5%38.1%29.1%
5 Yearn/a49.3%33.2%50.8%34.1%

Price Volatility Vs. Market

How volatile is Wells Fargo's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Wells Fargo undervalued based on future cash flows and its price relative to the stock market?

9%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Wells Fargo's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Wells Fargo's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Wells Fargo is good value based on earnings compared to the US Banks industry average.

Wells Fargo is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Wells Fargo earnings are not expected to grow next year, we can't assess if its growth is good value.


Price Based on Value of Assets

Wells Fargo is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Wells Fargo expected to perform in the next 1 to 3 years based on estimates from 21 analysts?

-2.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Wells Fargo's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

Wells Fargo's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Wells Fargo's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Wells Fargo's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Wells Fargo's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Wells Fargo is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Wells Fargo performed over the past 5 years?

-1.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Wells Fargo's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

Wells Fargo's 1-year earnings growth exceeds its 5-year average (16.1% vs -1%)

Wells Fargo's earnings growth has not exceeded the US Banks industry average in the past year (16.1% vs 33.1%).


Return on Equity

Wells Fargo has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Wells Fargo used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Wells Fargo improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Wells Fargo's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Wells Fargo has an acceptable proportion of non-loan assets held.

Wells Fargo has a sufficient allowance for bad loans.

Wells Fargo's liabilities are made up of primarily low risk sources of funding.

Wells Fargo's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at Wells Fargo are broadly funded by customer deposits.

Wells Fargo has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Wells Fargo's current dividend yield, its reliability and sustainability?

4.58%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase Wells Fargo before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Wells Fargo's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).

Wells Fargo's dividend is above the markets top 25% of dividend payers in United States of America (3.93%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.8x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.4x coverage).


Next Steps

Management

What is the CEO of Wells Fargo's salary, the management and board of directors tenure and is there insider trading?

3.3yrs

Average management tenure


CEO

C. Parker (64yo)

0.4yrs

Tenure

0

Mr. C. Allen Parker serves as Interim CEO, President and Director of Wells Fargo & Company since March 28, 2019. Mr. Parker served as the Senior Executive Vice President and General Counsel of Wells Fargo  ...


Management Age and Tenure

3.3yrs

Average Tenure

57yo

Average Age

The tenure for the Wells Fargo management team is about average.


Board Age and Tenure

2.5yrs

Average Tenure

65yo

Average Age

The average tenure for the Wells Fargo board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • John Campbell (85yo)

    Head of Investor Relations

    • Tenure: 0.0yrs
  • Debra Chrapaty (58yo)

    Chief Technology Officer

    • Tenure: 0.2yrs
  • Rich Levy (61yo)

    Executive VP

    • Tenure: 0.0yrs
  • C. Parker (64yo)

    Interim CEO

    • Tenure: 0.4yrs
  • Avid Modjtabai (57yo)

    Senior EVP of Payments

    • Tenure: 12.3yrs
    • Compensation: US$10.39m
  • Mary Mack (56yo)

    Head of Consumer Banking

    • Tenure: 2.5yrs
    • Compensation: US$8.60m
  • John Shrewsberry (53yo)

    Senior EVP & CFO

    • Tenure: 5.3yrs
    • Compensation: US$12.53m
  • Hope Hardison (54yo)

    Chief Administrative Officer

    • Tenure: 4.0yrs
  • Perry Pelos (55yo)

    Senior Executive Vice President of Wholesale Banking

    • Tenure: 10.5yrs
    • Compensation: US$8.99m
  • David Pope

    Chief Operating Office

    • Tenure: 0.2yrs

Board Members

  • Ron Sargent (63yo)

    Independent Director

    • Tenure: 2.5yrs
    • Compensation: US$359.16k
  • Ted Craver (67yo)

    Independent Director

    • Tenure: 1.6yrs
    • Compensation: US$403.60k
  • Don James (70yo)

    Independent Director

    • Tenure: 10.6yrs
    • Compensation: US$358.00k
  • John Baker (70yo)

    Independent Director

    • Tenure: 10.6yrs
    • Compensation: US$350.00k
  • Betsy Duke (66yo)

    Chairman of the Board

    • Tenure: 1.6yrs
    • Compensation: US$631.00k
  • C. Parker (64yo)

    Interim CEO

    • Tenure: 0.4yrs
  • Henry Jordan (63yo)

    Chairman & CEO of Wells Fargo Capital Finance

    • Tenure: 0.0yrs
  • Maria Morris (56yo)

    Independent Director

    • Tenure: 1.6yrs
    • Compensation: US$412.61k
  • Jim Quigley (67yo)

    Independent Director

    • Tenure: 5.8yrs
    • Compensation: US$417.00k
  • Zan Vautrinot (59yo)

    Independent Director

    • Tenure: 4.5yrs
    • Compensation: US$348.16k

Company Information

Wells Fargo & Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wells Fargo & Company
  • Ticker: WFC.PRV
  • Exchange: NYSE
  • Founded: 1852
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: US$195.719b
  • Shares outstanding: 4.41b
  • Website: https://www.wellsfargo.com

Number of Employees


Location

  • Wells Fargo & Company
  • 420 Montgomery Street
  • San Francisco
  • California
  • 94163
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WFCNYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1968
WFCWBAG (Wiener Boerse AG)YesCommon StockATEURJan 1968
0R2FLSE (London Stock Exchange)YesCommon StockGBUSDJan 1968
WFC *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNJan 1968
NWTXTRA (XETRA Trading Platform)YesCommon StockDEEURJan 1968
WFCSWX (SIX Swiss Exchange)YesCommon StockCHCHFJan 1968
NWTDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1968
WFCSNSE (Santiago Stock Exchange)YesCommon StockCLUSDJan 1968
WFCBASE (Buenos Aires Stock Exchange)CEDEAR EACH 5 REP 1 COM USD1.666666ARARSJul 2001
WFC.PRLNYSE (New York Stock Exchange)PERP PFD CNV AUSUSDApr 2008
NWT2DB (Deutsche Boerse AG)7.98%-FR PERP PRF CL 'A' SRS K USD1000DEUSDJan 2009
WFCO34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH REPR 1 COM SHBRBRLJan 2012
WFC.PRNNYSE (New York Stock Exchange)DEP SHS REPSTG 1USUSDAug 2012
WFC.PRONYSE (New York Stock Exchange)DEP1/1000PF CL AUSUSDNov 2012
WFC.PRPNYSE (New York Stock Exchange)DEP1/1000PF CL AUSUSDMar 2013
WFC.PRQNYSE (New York Stock Exchange)DEP SHS 1/1000 AUSUSDJul 2013
WFC.PRRNYSE (New York Stock Exchange)DEP 1/1000 PFD AUSUSDDec 2013
WFC.PRTNYSE (New York Stock Exchange)DEP SHS 1/1000 TUSUSDJul 2014
WFC.PRVNYSE (New York Stock Exchange)DEP PFD V 1/1000USUSDSep 2015
WFC.PRWNYSE (New York Stock Exchange)PFD SER W CL AUSUSDJan 2016
WFC.PRXNYSE (New York Stock Exchange)PFD SER X CL AUSUSDJun 2016
WFC.PRYNYSE (New York Stock Exchange)NON CUM PFD YUSUSDApr 2017

Biography

Wells Fargo & Company, a diversified financial services company, provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. It operates through three segments ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/25 00:33
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.