Wells Fargo & Company
Exchange: NYSESector: Financial ServicesIndustry: Banks - Diversified
Wells Fargo & Company is a leading financial services company that has approximately $2.1 trillion in assets, providing a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 33 on Fortune's 2025 rankings of America's largest corporations. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.
Did you know?
Profit margin of 25.5% — that's well above average.
Current Price
$80.60
+0.04%GoodMoat Value
$130.91
62.4% undervaluedProfile
Valuation (TTM)
Market Cap$253.01B
P/E12.47
EV$497.24B
P/B1.40
Shares Out3.14B
P/Sales3.02
Revenue$83.70B
EV/EBITDA15.34
Wells Fargo & Company (WFC) Stock Analysis
GoodMoat Analysis
Wells Fargo appears to be a large, established bank with a potentially durable moat, but its current valuation and financial metrics present a mixed picture. The stock is trading at a significant discount to the GoodMoat target price, suggesting a favourable margin of safety. However, a negative FCF yield and high debt-to-equity ratio warrant a closer look within the investment framework.
Read full analysis
Wells Fargo & Company is a major diversified bank, providing a wide range of financial services including consumer and commercial banking, lending, and wealth management. Applying the GoodMoat framework, the bank's primary competitive advantages likely stem from its massive scale, extensive branch network, and deep customer relationships, which create significant switching costs and regulatory barriers to entry. These factors contribute to a potentially durable moat, though a precise score requires deeper analysis of all 14 criteria. Financially, the company shows a solid ROE of 11.8% and a healthy operating margin of 30.1%, but the negative FCF yield of -7.5% and a debt-to-equity ratio of 2.35 are notable points for scrutiny under the Quality Indicators section. The current P/E of 12.4x is modest, and the GoodMoat target price of $130.91 implies a substantial margin of safety of over 60% from the current $80.26 price, which falls into the 'Deeply Undervalued' band of the Valuation Assessment. For a value investor, this signals a potentially favourable price entry point. However, proceeding through the Decision Framework requires first confirming a Moat Score of 5 or higher and assessing the quality concerns before the attractive valuation can be fully considered. The combination of a large implied discount and the bank's established position makes it a company worth investigating further to reconcile the valuation opportunity with the underlying financial health. Analysis based on data as of 2024-05-15.
Market Cap$253.01B
Current Price$80.60
P/E Ratio12.47
Forward P/E—
PEG Ratio0.86
EPS$6.26
Book Value$57.70
P/B Ratio1.40
WFC Financial Charts
FCF vs CAPEX
FCFCAPEX
Cash vs Debt
Net Debt: 251.5B
Revenue
86.8B
FY19
74.3B
FY20
79.2B
FY21
74.4B
FY22
82.6B
FY23
82.3B
FY24
83.7B
FY25
Net Income
19.7B
FY19
3.4B
FY20
22.1B
FY21
13.7B
FY22
19.1B
FY23
19.7B
FY24
21.3B
FY25
WFC 52-Week Range
$60.77
$95.93
50-Day MA: $83.88200-Day MA: $83.60
Did you know?
Profit margin of 25.5% — that's well above average.
Wells Fargo & Company (WFC) Financial Summary
Wells Fargo & Company (WFC) is a Financial Services company in the Banks - Diversified industry, listed on NYSE. The stock currently trades at $80.60 with a market capitalization of $253.01B.
Key valuation metrics include a P/E ratio of 12.47, price-to-book ratio of 1.40, and EPS of $6.26. The company reports a profit margin of 25.5% and return on equity of 11.8%.
WFC Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $253.01B |
| P/E Ratio | 12.47 |
| EPS | $6.26 |
| P/B Ratio | 1.40 |
| P/S Ratio | 3.02 |
| EV/EBITDA | 15.34 |
| Dividend Yield | 2.56% |
| Profit Margin | 25.5% |
| Return on Equity | 11.8% |
| Debt/Equity | 2.35 |
WFC Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $86.83B | $19.71B |
| FY20 | $74.26B | $3.38B |
| FY21 | $79.17B | $22.11B |
| FY22 | $74.37B | $13.68B |
| FY23 | $82.60B | $19.14B |
| FY24 | $82.30B | $19.72B |
| FY25 | $83.70B | $21.34B |
Wells Fargo & Company (WFC) Valuation
Based on GoodMoat's DCF model, Wells Fargo & Company has a fair value estimate of $130.91. At the current price of $80.60, the stock appears 38.4% undervalued relative to our intrinsic value estimate.
WFC Quality Indicators
Wells Fargo & Company maintains a profit margin of 25.5% and an operating margin of 30.1%. Return on equity stands at 11.8%. Debt-to-equity ratio is 2.35.
About Wells Fargo & Company
Wells Fargo & Company is a leading financial services company that has approximately $2.1 trillion in assets, providing a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 33 on Fortune's 2025 rankings of America's largest corporations. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.
WFC Free Cash Flow
Wells Fargo & Company generated $-19.00B in trailing twelve-month free cash flow, representing an FCF yield of -7.51%. This low FCF yield may reflect heavy reinvestment or growth spending.
WFC Shares Outstanding
Wells Fargo & Company has 3.14 billion shares outstanding at a share price of $80.60, giving it a market capitalization of $253.01B.
WFC Recent Insider Trades
Recent insider transactions at Wells Fargo & Company include:
| Insider | Type | Shares | Value |
|---|---|---|---|
| Patterson Ellen R (Sr. EVP and General Counsel) | SELL | 60,000 | $5.24M |
| Engle Bridget E. (Sr. Executive Vice President) | SELL | 30,000 | $2.61M |
| Santos Kleber (Sr. Executive Vice President) | SELL | 25,000 | $2.19M |