WFC has a higher market value than 98.38% of US stocks; more precisely, its current market capitalization is $132,469,045,855.
WFC's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 93.43% of US stocks.
Wells Fargo & Company's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 84.47%, greater than the shareholder yield of 97.25% of stocks in our set.
Stocks that are quantitatively similar to WFC, based on their financial statements, market capitalization, and price volatility, are MS, HDB, CHTR, LIN, and DCMYY.
Wells Fargo provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. It has three operating segments: Community Banking, Wholesale Banking and Wealth, and Brokerage and Retirement. The company has branches across all 50 states and in 36 countries. The Company was founded in 1852 and is based in San Francisco, California.
Shares of Wells Fargo fell 7.8% on Friday after the banking giant reported revenues of $17.93 billion that fell short of analysts’ expectations of $18.13 billion. Moreover, the figure compared unfavorably to the year-ago period's revenues of $19.86 billion. Wells Fargo's (WFC) lower revenues reflect declines across all of its business segments. Meanwhile, the company’s earnings per share of $0.64 topped the Street's estimate of $0.60. The bottom-line result also marked a 6.7% improvement from the year-ago quarter’s earnings of $0.60 per share, reflecting lower noninterest expenses. (See WFC stock analysis on TipRanks). In response, Oppenheimer analyst Chris Kotowski reiterated a Hold rating on the stock.
Wells Fargo & Company (NYSE:WFC) issued its quarterly earnings results on Friday. The financial services provider reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.05, MarketWatch Earnings reports. The business had revenue of $17.93 billion for the quarter, compared to analysts’ expectations of $18 billion. Wells Fargo & Company had […]
We have developed a framework for analyzing banks which is based on five pillars: capital, deposits, underwriting, cost efficiency and diversification. The idea behind is pretty simple: finding banking institutions that are able to generate decent profits and grow over time while being able to resist to the most challenging...
Stanislas Capital on Seeking Alpha | January 15, 2021
Summary List Placement The decades-long race between big banks and fintechs is coming to a head. No longer scrappy startups, fintechs like Square and Stripe have come of age. As they've grown, banks like JPMorgan have become increasingly wary of the competition. Citing the massive valuations of fintech standouts like PayPal , Stripe , Visa , and Mastercard , Wells Fargo analyst Mike Mayo asked JPMorgan's CEO and chairman Jamie Dimon how he plans to "win" during the bank's fourth-quarter earnings call on Friday. "We've been doing fine in the last 5 years," Dimon said, adding that he sent a list of company valuations — including PayPal ($280 billion), Mastercard ($322 billion), Alibaba ($658 billion), Facebook ($715 billion), Google ($1.2 trillion), and Apple ($2.1 trillion) — to the bank...