WFC • NYSE
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Wells Fargo & Co
Previous close
$39.17
Day range
$38.46 - $40.08
Year range
$36.54 - $60.30
Market cap
151.31B USD
Avg Volume
24.97M
P/E ratio
8.30
Dividend yield
2.51%
Primary exchange
NYSE
In the news
Financials
Income Statement
Financial performance
Revenue
Net income
(USD) | Mar 2022info | Y/Y change |
---|---|---|
Revenue | 18.38B | -6.13% |
Operating expense | 13.86B | -0.79% |
Net income | 3.67B | -20.82% |
Earnings per share | 0.88 | -14.56% |
EBITDA | — | — |
Effective tax rate | 15.68% | — |
Balance Sheet
Financial performance
Total assets
Total liabilities
(USD) | Mar 2022info | Y/Y change |
---|---|---|
Cash and short-term investments | 416.97B | -13.77% |
Total assets | 1.94T | -1.01% |
Total liabilities | 1.76T | -0.74% |
Total equity | 181.69B | — |
Shares outstanding | 3.79B | — |
Price to book | 0.93 | — |
Return on assets | 0.78% | — |
Return on capital | — | — |
Cash Flow
Financial performance
Net change in cash
(USD) | Mar 2022info | Y/Y change |
---|---|---|
Net income | 3.67B | -20.82% |
Cash from operations | 199.00M | 105.73% |
Cash from investing | -22.96B | -247.87% |
Cash from financing | -9.57B | -195.13% |
Net change in cash | -32.34B | -246.17% |
Free cash flow | — | — |
About
Wells Fargo & Company is an American multinational financial services company with corporate headquarters in San Francisco, California; operational headquarters in Manhattan; and managerial offices throughout the United States and internationally. The company has operations in 35 countries with over 70 million customers globally. It is considered a systemically important financial institution by the Financial Stability Board.
The firm's primary subsidiary is Wells Fargo Bank, N.A., a national bank chartered in Wilmington, Delaware, which designates its main office in Sioux Falls, South Dakota. It is the fourth largest bank in the United States by total assets and is also one of the largest as ranked by bank deposits and market capitalization. Along with JPMorgan Chase, Bank of America and Citigroup. Wells Fargo is one of the "Big Four Banks" of the United States. It has 8,050 branches and 13,000 ATMs. It is one of the most valuable bank brands.
Wells Fargo, in its present form, is a result of a merger between the original Wells Fargo & Company and Minneapolis-based Norwest Corporation in 1998. Wikipedia
Founded
1852
Headquarters
Website
Employees
246,577