Wells Fargo & Company (WFC) Stock

About Wells Fargo & Company

Wells Fargo & Company, a financial services company, provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. It operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The company’s financial products and services includes checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services. It also provides personalized wealth management, brokerage, financial planning, lending, private banking, trust and fiduciary products and services; and financial solutions to private, family owned and public companies through products and services including banking and credit products across multiple industry sectors and municipalities, secured lending and lease products, and treasury management. In addition, it offers a suite of capital markets, banking, and financial products and services, such as 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 services to corporate, commercial real estate, government, and institutional clients. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.

Wells Fargo & Company is led by CEO Charles W. Scharf, employs 211,608 people, headquartered in San Francisco, US, publicly traded since 1972.

Wells Fargo & Company (WFC) stock trades at $83.87 with a market capitalization of $256.66B. The stock is valued at a price-to-earnings (P/E) ratio of 12.94, price-to-book of 1.57, price-to-sales of 2.04. Over the past 52 weeks the stock has ranged between $64.71 and $97.76, and currently trades 14.2% below its 52-week high. It pays a dividend yielding 2.15%.

On profitability, Wells Fargo & Company generates a return on equity (ROE) of 12.03%, above the typical market average, return on capital employed of 13.77%, an operating margin of 20.47%, a net profit margin of 17.29%.

In its most recent fiscal year, Wells Fargo & Company reported annual revenue of $123.5B, net profit of $21.3B, revenue has compounded at 8.5% a year over the last five years, profit at 44.6% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 2.53 — a leveraged balance sheet worth monitoring, a current ratio of 0.29, total assets of $2.15T, $174.2B in cash and equivalents.

WFC has an average daily trading volume of 16,721,473 shares, a beta of 0.93.

Official website: www.wellsfargo.com