Wells Fargo & Company, a financial services company, provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. It operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The Consumer Banking and Lending segment offers diversified financial products and services for consumers and small businesses. Its financial products and services include checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services. The Commercial Banking segment provides financial solutions to private, family owned, and certain public companies. Its products and services include banking and credit products across various industry sectors and municipalities, secured lending and lease products, and treasury management services. The Corporate and Investment Banking segment offers a suite of capital markets, banking, and financial products and services, such as corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity, and fixed income solutions, as well as sales, trading, and research capabilities services to corporate, commercial real estate, government, and institutional clients. The Wealth and Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, and trust and fiduciary products and services to affluent, high-net worth, and ultra-high-net worth clients. It also operates through financial advisors in brokerage and wealth offices, consumer bank branches, independent offices, and digitally through WellsTrade and Intuitive Investor. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.
Regulatory Relief | Explore Wells Fargo's progress in addressing regulatory concerns, including the potential removal of the $1.95 trillion asset cap, a key catalyst for future growth |
Financial Resilience | Delve into Wells Fargo's financial performance, including its attractive P/E ratio, steady EPS growth, and management's focus on achieving a 15% ROTCE |
Strategic Evolution | Learn about Wells Fargo's initiatives in digital banking, cost-cutting measures, and operational improvements aimed at enhancing profitability and competitiveness |
Market Outlook | Analyst price targets range from $77 to $92, reflecting expectations of improved performance and potential upside from regulatory relief and strategic initiatives |
Metrics to compare | WFC | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipWFCPeersSector | |
|---|---|---|---|---|
P/E Ratio | 13.4x | 12.1x | 9.4x | |
PEG Ratio | 0.50 | 0.03 | 0.03 | |
Price/Book | 1.6x | 1.0x | 1.0x | |
Price / LTM Sales | 3.4x | 3.2x | 2.8x | |
Upside (Analyst Target) | 11.6% | 8.8% | 16.2% | |
Fair Value Upside | Unlock | 5.0% | 1.2% | Unlock |