Wells Fargo & Co. is a diversified, community-based financial services company. It is engaged in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance. It firm operates through the following segments: Community Banking, Wholesale Banking, Wealth & Investment Management, and Other. The Community Banking segment offers complete line of diversified financial products and services for consumers and small businesses including checking and savings accounts, credit and debit cards, and automobile, student, and small business lending. The Wholesale Banking segment provides financial solutions to businesses across the United States and globally. The Wealth and Investment Management segment includes personalized wealth management, investment and retirement products and services to clients across U.S. based businesses. The Other segment refers to the products of WIM customers served through community banking distribution channels. The company was founded by Henry Wells and William G. Fargo on March 18, 1852 and is headquartered in San Francisco, CA.
Highlights
WFC's debt is down by 18% year-on-year and by 12% since the previous quarter
The stock's price to earnings (P/E) is 110% more than its 5-year quarterly average of 13.1 and 77% more than its last 4 quarters average of 15.5
The company's EPS has shrunk by 81% YoY and by 68% QoQ
Key stats
What are the main financial stats of WFC
Market
Shares outstanding
4.12B
Market cap
$103.08B
Enterprise value
$131.99B
Valuations
Price to earnings (P/E)
27.49
Price to book (P/B)
0.57
Price to sales (P/S)
1.64
EV/EBIT
32.77
EV/EBITDA
10.94
EV/Sales
2.11
Earnings
Revenue
$62.55B
EBIT
$4.03B
EBITDA
$12.07B
Free cash flow
$32.84B
Per share
EPS
$0.91
Free cash flow per share
$8
Book value per share
$43.75
Revenue per share
$15.23
TBVPS
$473.12
Balance sheet
Total assets
$1.97T
Total liabilities
$1.79T
Debt
$291.41B
Equity
$179.39B
Working capital
N/A
Liquidity
Debt to equity
1.62
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
2.4
Margins
EBITDA margin
19.3%
Gross margin
100%
Net margin
9.3%
Operating margin
6.6%
Efficiency
Return on assets
0.2%
Return on equity
2.3%
Return on invested capital
0.2%
Return on capital employed
N/A
Return on sales
6.4%
Dividend
Dividend yield
6.51%
DPS
$1.63
Payout ratio
179.1%
WFC stock price
How has the Wells Fargo stock price performed over time
Financial performance
How have Wells Fargo's revenue and profit performed over time
Revenue
$62.55B
Gross profit
$62.55B
Operating income
$4.13B
Net income
$5.8B
Gross margin
100%
Net margin
9.3%
WFC's operating income has shrunk by 86% YoY and by 77% QoQ
The operating margin has dropped by 81% year-on-year and by 72% since the previous quarter
The company's net income has shrunk by 76% YoY and by 60% QoQ
WFC's net margin has dropped by 68% year-on-year and by 52% since the previous quarter
Valuation
What is Wells Fargo stock price valuation
P/E
27.49
P/B
0.57
P/S
1.64
EV/EBIT
32.77
EV/EBITDA
10.94
EV/Sales
2.11
The stock's price to earnings (P/E) is 110% more than its 5-year quarterly average of 13.1 and 77% more than its last 4 quarters average of 15.5
The company's EPS has shrunk by 81% YoY and by 68% QoQ
WFC's price to book (P/B) is 53% lower than its 5-year quarterly average of 1.2 and 37% lower than its last 4 quarters average of 0.9
Wells Fargo's equity has decreased by 10% YoY
The P/S is 43% lower than the 5-year quarterly average of 2.9 and 26% lower than the last 4 quarters average of 2.2
The revenue has declined by 25% year-on-year and by 17% since the previous quarter
Efficiency
How efficient is Wells Fargo business performance
WFC's return on invested capital has dropped by 86% year-on-year and by 75% since the previous quarter
Wells Fargo's return on assets has shrunk by 83% YoY and by 71% QoQ
The company's return on sales has shrunk by 82% YoY and by 73% QoQ
The ROE has shrunk by 80% YoY and by 66% QoQ
Dividends
What is WFC's dividend history
DPS
$1.63
Dividend yield
6.51%
Payout ratio
179.1%
Recent dividends
Financial health
How did Wells Fargo financials performed over time
The total assets is 10% more than the total liabilities
WFC's debt is 62% greater than its equity
WFC's debt is down by 18% year-on-year and by 12% since the previous quarter
WFC's debt to equity is down by 10% since the previous quarter and by 10% year-on-year
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.