Wells FargoWFC
WFC
About: Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the US
Employees: 226,000
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
321% more first-time investments, than exits
New positions opened: 396 | Existing positions closed: 94
42% more funds holding in top 10
Funds holding in top 10: 60 [Q3] → 85 (+25) [Q4]
21% more capital invested
Capital invested by funds: $148B [Q3] → $179B (+$30.6B) [Q4]
14% more call options, than puts
Call options by funds: $5.24B | Put options by funds: $4.59B
9% more funds holding
Funds holding: 2,206 [Q3] → 2,400 (+194) [Q4]
1.38% less ownership
Funds ownership: 76.76% [Q3] → 75.37% (-1.38%) [Q4]
13% less repeat investments, than reductions
Existing positions increased: 785 | Existing positions reduced: 903
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$75
3%
downside
Avg. target
$85
9%
upside
High target
$92
19%
upside
8 analyst ratings
5 positive
63%
3 neutral
38%
0 negative
0%
Barclays Jason Goldberg 75% 1-year accuracy 42 / 56 met price target | 19%upside $92 | Overweight Maintained | 16 Jan 2025 |
Morgan Stanley Betsy Graseck 76% 1-year accuracy 34 / 45 met price target | 14%upside $88 | Overweight Maintained | 16 Jan 2025 |
Keefe, Bruyette & Woods David Konrad 77% 1-year accuracy 23 / 30 met price target | 11%upside $86 | Market Perform Maintained | 16 Jan 2025 |
Truist Securities John McDonald 0 / 0 met price target | 10%upside $85 | Buy Maintained | 16 Jan 2025 |
Compass Point David Rochester 63% 1-year accuracy 15 / 24 met price target | 7%upside $83 | Neutral Maintained | 10 Dec 2024 |
Financial journalist opinion
Based on 32 articles about WFC published over the past 30 days
Positive
Zacks Investment Research
1 day ago
Wells Fargo (WFC) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Wells Fargo (WFC) have what it takes?
Positive
Zacks Investment Research
3 days ago
Wells Fargo Stock Surges 58% in a Year: Time to Buy Now or Wait?
WFC's efforts to reduce costs and progress to fix compliance issues look encouraging. Let us find out whether the stock is worth investing in.
Positive
Investors Business Daily
4 days ago
Wells Fargo Is A Buy On This Fed Catalyst: Analyst
Wells Fargo may see a big acceleration in growth once the Federal Reserve removes the growth shackles it put on in 2018. The post Wells Fargo Is A Buy On This Fed Catalyst: Analyst appeared first on Investor's Business Daily.
Neutral
Zacks Investment Research
5 days ago
Wells Fargo's 2018 Compliance Consent Order by OCC Terminated
WFC's 2018 consent order imposed on the bank in April 2018 is terminated. This marks the 10th consent order, which has been closed by regulators since 2019.
Positive
Seeking Alpha
1 week ago
Wells Fargo: Using A 5.8% Preferred Stock To Bet On Lower Interest Rates
Wells Fargo's Series Z preferred shares offer a 5.80% yield and potential capital gains if interest rates decrease, making them a "total return" idea. The bank's preferred dividends are well covered, requiring less than 6% of net profit, ensuring financial stability. I aim for a high single-digit or low double-digit total return in two years, leveraging potential interest rate declines.
Positive
Zacks Investment Research
1 week ago
Wells Fargo (WFC) Up 3.8% Since Last Earnings Report: Can It Continue?
Wells Fargo (WFC) reported earnings 30 days ago. What's next for the stock?
Neutral
Business Wire
1 week ago
Wells Fargo & Company Declares Cash Dividends on Preferred Stock
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced dividends on six series of preferred stock. A quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000 per share, which is traded on the New York Stock Exchange under the symbol “WFCPrL”. The Series L dividend is payable on March 17, 2025, to holders of record as of the close of business on Feb. 28.
Neutral
Business Wire
1 week ago
Wells Fargo Confirms Termination of 2018 OCC Compliance Consent Order
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today confirmed that the Office of the Comptroller of the Currency (OCC) terminated its 2018 consent order related to the company's compliance risk management program. This is the tenth consent order closed by Wells Fargo's regulators since 2019. Charlie Scharf, Wells Fargo's CEO, said of today's news: “We are pleased that the OCC has validated the work required in the 2018 compliance consent order and has terminated the enfo.
Neutral
Fox Business
1 week ago
Big bank CEOs to meet with lawmakers on solutions to debanking
A group of CEOs from leading U.S. banks are meeting with the Senate Banking Committee to discuss potential solutions to regulatory issues related to debanking decisions.
Neutral
Seeking Alpha
1 week ago
Wells Fargo & Company (WFC) UBS Financial Services Conference (Transcript)
Wells Fargo & Company (NYSE:WFC ) UBS Financial Services Conference February 11, 2025 8:50 AM ET Company Participants Mike Santomassimo - CFO Conference Call Participants Erika Najarian - UBS Erika Najarian Good morning, everybody. So welcome to day two of the UBS Financial Services Conference.
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