Stocks · Financial Services · Banks - Diversified
Wells Fargo & Company WFC
$80.45 +0.25% Close, Oct 2, 2026 · NYSE · Market cap $243.28B
Next earnings report: Oct 13, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Net debt is 7.7× EBITDA, a high level of leverage.
- The diluted share count fell 5.7% in a year, mainly through buybacks.
- Diluted EPS over the last four quarters was $6.93, up 18.7% year over year.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth61Neutral
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 47%
- EPS growth (TTM, YoY)Bottom 49%
- Revenue growth, 3-year CAGRBottom 47%
- Revenue growth accelerationTop 21%
Quality30Weak
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 39%
- Gross marginBottom 49%
- Operating marginBottom 48%
- Cash conversion (OCF / net income)Bottom 32%
- Accruals (lower is better)Bottom 30%
- Net debt / EBITDA (lower is better)Bottom 16%
- Interest coverBottom 34%
Value63Neutral
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 29%
- Free-cash-flow yieldBottom 50%
- EBITDA / enterprise valueTop 50%
- Sales / enterprise valueBottom 38%
- P/E vs own 5-year history (lower is better)Top 31%
Momentum25Very weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 49%
- 6-month returnBottom 21%
- 1-year return vs S&P 500Bottom 33%
- Distance from 52-week highBottom 28%
- Trend checklist (0–4)Bottom 27%
Revisions56Neutral
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 47%
- Consecutive EPS beatsBottom 43%
- Share of analysts rating BuyBottom 47%
- Upside to consensus price targetTop 32%
Stability25Very weak
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 39%
- Maximum drawdown, 3 yearsTop 38%
- Beta vs S&P 500 (lower is better)Bottom 18%
- Net debt / EBITDA (lower is better)Bottom 16%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 1.7% | 5.8% | ↑ |
| EPS growth (YoY) | 17.2% | 18.7% | ↑ |
| Gross margin | 63.4% | 64.5% | ↑ |
| Operating margin | 19.2% | 21.2% | ↑ |
| FCF margin | -7.5% | 14.8% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 5.8% | 1.7% | ↑ | Bottom 47% |
| EPS growth (TTM, YoY) | 18.7% | 17.2% | ↑ | Bottom 49% |
| Gross margin | 64.5% | 63.4% | ↑ | Bottom 49% |
| Operating margin | 21.2% | 19.2% | ↑ | Bottom 48% |
| Net margin | 17.5% | 16.9% | ↑ | — |
| Free-cash-flow margin | 14.8% | -7.5% | ↑ | — |
| Return on invested capital | 3.2% | — | Top 39% | |
| Revenue growth, 3-year CAGR | 14.0% | — | Bottom 47% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 0.85×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 0.2%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -105.8 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 7.72×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 0.6×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 2.29%
- Net buyback yield (TTM)
- 6.17%
- Shareholder yield
- 8.46%
- Share count change, 1 year
- -5.7%
- Share count change, 3-year CAGR
- -6.1%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 28, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +5.3%
- Average 2-day reaction, last 8
- -0.0%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $98.29
- Target vs current price
- +22.2%
- Analysts with a rating
- 60
- Share rating Buy or Strong Buy
- 45%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 14, 2026 | +13.3% | -2.7% | -1.5% | -0.2% | — |
| Apr 14, 2026 | -1.3% | -5.7% | -5.4% | -15.1% | +0.3% |
| Jan 14, 2026 | -2.4% | -4.6% | -8.0% | -4.9% | -8.7% |
| Oct 14, 2025 | +11.6% | +7.1% | +9.0% | +9.1% | +21.1% |
| Jul 15, 2025 | +9.2% | -5.5% | -3.8% | -7.0% | -2.7% |
| Apr 11, 2025 | +3.3% | -1.0% | +2.5% | +14.8% | +29.6% |
| Jan 15, 2025 | +7.6% | +6.7% | +8.9% | +11.3% | -11.3% |
| Oct 11, 2024 | +18.8% | +5.6% | +11.5% | +20.9% | +24.0% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 14, 2026 | $1.96 | $1.73 | +13.3% | $22.62B |
| Apr 14, 2026 | $1.56 | $1.58 | -1.3% | $21.45B |
| Jan 14, 2026 | $1.62 | $1.66 | -2.4% | $21.29B |
| Oct 14, 2025 | $1.73 | $1.55 | +11.6% | $21.44B |
| Jul 15, 2025 | $1.54 | $1.41 | +9.2% | $20.82B |
| Apr 11, 2025 | $1.27 | $1.23 | +3.3% | $20.15B |
| Jan 15, 2025 | $1.42 | $1.32 | +7.6% | $20.38B |
| Oct 11, 2024 | $1.52 | $1.28 | +18.8% | $20.37B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 11.6× | 12.5× | 33th | Top 29% |
| P/E (forward) | 11.0× | — | — | — |
| EV / EBITDA | 15.1× | — | — | Top 50% |
| EV / Sales | 3.87× | — | — | Bottom 38% |
| Free-cash-flow yield | 7.88% | — | — | Bottom 50% |
| Earnings yield | 8.61% | — | — | Top 29% |
P/E over the past five years
Range 8.6× – 14.7× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -0.5%
- Earnings per share growth (TTM)
- +18.7%
- Change in P/E multiple
- -6.1%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -0.4%
- 200-day average slope (20 days)
- -0.3%
- Distance from 50-day average
- -6.6%
- Distance from 200-day average
- -5.1%
- RSI (14)
- 33.6
- Relative volume
- 0.73×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 23.4%
- Volatility vs own 5-year history
- 20th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.06
- Correlation with S&P 500
- 0.52
- Current drawdown from 1-year high
- -16.5%
- Maximum drawdown, 3 years
- -25.1%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Feb 9, 2022 | Mar 24, 2023 | -38.7% | 281 days | 269 days (Apr 19, 2024) |
| Feb 6, 2025 | Apr 4, 2025 | -25.1% | 40 days | 59 days (Jul 1, 2025) |
| Jan 6, 2026 | May 15, 2026 | -23.8% | 90 days | Not yet recovered |
| Oct 12, 2020 | Oct 29, 2020 | -17.7% | 13 days | 15 days (Nov 19, 2020) |
| May 15, 2024 | Sep 12, 2024 | -17.3% | 82 days | 23 days (Oct 15, 2024) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $243.28B
- P/E (TTM)
- 11.6
- EPS, diluted (TTM)
- $6.93
- Revenue (TTM)
- $129.10B
- Dividend yield
- 2.30%
- 52-week range
- $72.78 – $97.76
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $83.08B | $83.44B | $115.34B | $125.40B | $123.53B |
| Gross profit | $83.32B | $72.83B | $77.20B | $77.96B | $80.04B |
| Operating income | $29.56B | $15.63B | $21.64B | $23.36B | $25.20B |
| Net income | $22.11B | $13.68B | $19.14B | $19.72B | $21.34B |
| EPS (diluted) | $4.99 | $3.14 | $4.83 | $5.37 | $6.32 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $31.67B | $30.60B | $29.63B | $30.18B | $31.91B | $31.82B | $31.80B | $33.59B |
| Net income | $5.11B | $5.08B | $4.89B | $5.49B | $5.59B | $5.36B | $5.29B | $6.41B |
| EPS (diluted) | $1.42 | $1.43 | $1.39 | $1.60 | $1.66 | $1.67 | $1.60 | $2.00 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$11.53B | $27.05B | $40.36B | $3.04B | -$19.00B |
| Capital expenditure | $0 | $0 | $0 | $0 | $0 |
| Free cash flow | -$11.53B | $27.05B | $40.36B | $3.04B | -$19.00B |
| Dividends paid | -$2.42B | -$4.18B | -$4.79B | -$5.13B | -$5.43B |
| Net share buybacks | -$15.38B | -$6.03B | -$11.85B | -$20.29B | -$19.52B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $939.76B
- Total assets
- $2.28T
- Total liabilities
- $2.10T
- Total debt
- $459.14B
- Net debt
- $255.76B
- Shareholders’ equity
- $180.19B
As of Jun 30, 2026 (filed Jul 28, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 7, 2026 | $0.50 | Sep 1, 2026 |
| May 8, 2026 | $0.45 | Jun 1, 2026 |
| Feb 6, 2026 | $0.45 | Mar 1, 2026 |
| Nov 7, 2025 | $0.45 | Dec 1, 2025 |
| Aug 8, 2025 | $0.45 | Sep 1, 2025 |
| May 9, 2025 | $0.40 | Jun 1, 2025 |
| Feb 7, 2025 | $0.40 | Mar 1, 2025 |
| Nov 8, 2024 | $0.40 | Dec 1, 2024 |
Short interest
- Shares sold short
- 31,549,023
- Days to cover
- 2.20
- Change vs previous report
- -7.0%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Aug 14, 2006
- 2-for-1
- Oct 14, 1997
- 2-for-1
- Jun 29, 1993
- 2-for-1
- Jul 24, 1989
- 2-for-1
- Jul 1, 1988
- 3-for-2