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Wells Fargo & Co
Previous close
$57.35
Day range
$57.38 - $58.58
Year range
$38.39 - $62.55
Market cap
199.02B USD
Avg Volume
14.49M
P/E ratio
12.00
Dividend yield
2.74%
Primary exchange
NYSE
Top news
News about Wells Fargo CEO Charles W. Scharf
Financials
Income Statement
Revenue
Net income
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Revenue | 19.45B | 3.36% |
Operating expense | 13.29B | 2.36% |
Net income | 4.91B | -0.57% |
Net profit margin | 25.24 | -3.81% |
Earnings per share | 1.34 | 7.42% |
EBITDA | — | — |
Effective tax rate | 20.31% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 389.35B | 6.35% |
Total assets | 1.94T | 3.40% |
Total liabilities | 1.76T | 3.99% |
Total equity | 178.15B | — |
Shares outstanding | 3.40B | — |
Price to book | 1.22 | — |
Return on assets | 1.01% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Net income | 4.91B | -0.57% |
Cash from operations | 2.05B | 371.52% |
Cash from investing | -14.58B | -170.79% |
Cash from financing | -25.28B | -15.66% |
Net change in cash | -37.82B | -1,778.59% |
Free cash flow | — | — |
About
Wells Fargo & Company is an American multinational financial services company with a significant global presence. The company operates in 35 countries and serves over 70 million customers worldwide. It is a systemically important financial institution according to the Financial Stability Board, and is considered one of the "Big Four Banks" in the United States, alongside JPMorgan Chase, Bank of America, and Citigroup.
The company's primary subsidiary is Wells Fargo Bank, N.A., a national bank that designates its Sioux Falls, South Dakota, site as its main office. 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. It has 8,050 branches and 13,000 automated teller machines and 2,000 stand-alone mortgage branches. It is the second-largest retail mortgage originator in the United States, originating one out of every four home loans and services $1.8 trillion in home mortgages, one of the largest servicing portfolios in the U.S. It is one of the most valuable bank brands. Wells Fargo is ranked 47th on the Fortune 500 list of the largest companies in the U.S. Wikipedia
Founded
Mar 18, 1852
Headquarters
Website
Employees
222,544