Wells Fargo (WFC) stock
Financials · Diversified Banks
Wells Fargo (WFC) is a Diversified Banks company in the Financials sector, headquartered in San Francisco, California. As of October 23, 2026, WFC closed at $82.39, a market capitalization of $247.31 billion, the 47th largest company in the S&P 500. Over the last twelve months it generated $83.11 billion in revenue (+0% year over year) and $19.17 billion in free cash flow. The stock trades at 11.6x trailing earnings and 10.3x forward earnings.
- 1-year total return: -0.3% (dividends reinvested)
- 5-year return: +12.9% a year
- 52-week range: $72.78 – $97.76
- Gross margin 0.0%, operating margin 34.1%
- Dividend yield: 2.43%, 5 straight years of increases
- FI Handbook report card: B- across 9 metrics
- 8th largest of 76 Financials stocks in the S&P 500
WFC price chart
1Y price change: -2.5% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| WFC | +0.6% | -10.1% | -0.3% | +30.9% | +12.9% | +9.2% | +12.5% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1972.
WFC key statistics
- Market cap
- $247.3B
- #47 in S&P 500
- P/E (TTM)
- 11.6x
- Forward P/E
- 10.3x
- EPS (TTM)
- $7.09
- Revenue (TTM)
- $83.1B
- +0%
- Free cash flow
- $19.2B
- Gross margin
- 0.0%
- Operating margin
- 34.1%
- Return on equity
- 12.9%
- Dividend yield
- 2.43%
- 52-week range
- $72.78 – $97.76
- Beta
- 0.95
- Price / sales
- 3.0x
- EV / EBITDA
- —
- Debt / equity
- —
- Employees
- 194,369
WFC report card
B-Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth0.4%D
- Gross margin0.0%F
- Operating margin34.1%A
- FCF margin23.1%B
- Return on equity12.9%C
- Net debt / EBITDA——
- Forward P/E10.3xA
- PEG ratio1.5xB
- Shareholder yield12.3%A
- Share count change / yr-4.7%A
Wells Fargo & financials
Revenue went from $88.3B in fiscal 2016 to $85.1B in fiscal 2019, shrinking 1.2% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|
| Revenue | $88.3B | $88.4B | $86.4B | $85.1B |
| Net income | $21.9B | $22.2B | $22.4B | $19.7B |
| EPS (diluted) | $3.99 | $4.10 | $4.28 | $4.09 |
| Buybacks | $8.1B | $9.9B | $20.6B | $24.5B |
| Dividends paid | $7.5B | $7.5B | $7.7B | $8.2B |
| Diluted shares | 5.1B | 5.0B | 4.8B | 4.4B |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into WFC?
A reverse DCF asks what growth the current price requires. With an enterprise value of $87.7B and $19.2B of trailing free cash flow, Wells Fargo & needs to grow free cash flow about -24.1% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return.
P/E ratio history
Current 20.1x vs. median 12.5x (10th–90th percentile 9.0x–19.8x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
WFC dividend
- Dividend yield
- 2.43%
- Annual dividend
- $2.00
- Years of increases
- 5
- 5-yr dividend growth
- 53.4%
- per year
- Payout ratio
- 26%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
WFC earnings
Next report: January 14, 2027. Wells Fargo & has beaten EPS estimates 2 quarters in a row.
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Oct 13, 2026 | $1.86 | $1.87 | +0.8% |
| Jul 14, 2026 | $1.72 | $2.00 | +16.4% |
| Apr 14, 2026 | $1.60 | $1.56 | -2.7% |
| Jan 14, 2026 | $1.67 | $1.62 | -2.9% |
| Oct 14, 2025 | $1.54 | $1.73 | +12.3% |
| Jul 15, 2025 | $1.40 | $1.54 | +10.2% |
| Apr 11, 2025 | $1.22 | $1.28 | +4.7% |
| Jan 15, 2025 | $1.36 | $1.43 | +5.5% |
Stocks like WFC
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 JPM JP Morgan Chase | -1.47% | +15% | $880.5B | 13.9x | Compare |
 BAC Bank of America | -1.02% | -0% | $350.0B | 12.1x | Compare |
 C Citigroup | -1.54% | +27% | $199.7B | 11.8x | Compare |
 USB U.S. Bancorp | -0.73% | +29% | $92.8B | 11.6x | Compare |
 PNC PNC Financial Services Group, I | -0.47% | +27% | $89.5B | 12.0x | Compare |
 TFC Truist Financial | +0.04% | +16% | $59.2B | 12.5x | Compare |
 BRK-B Berkshire Hathaway | -0.87% | +11% | $1.2T | 13.6x | Compare |
 V Visa | -1.55% | +19% | $765.8B | 34.7x | Compare |
WFC news
- 3 Great Value Stocks To Own In October 2026 · Oct 23, 2026
- Wells Fargo (WFC) Stock Could Be 34% Undervalued After AI Leadership Moves · Oct 23, 2026
- Wells Fargo consolidates leadership of consumer bank · Oct 23, 2026
- Wells Fargo Names Top Pick Ahead of Q3 Earnings · Oct 23, 2026
- Bank of America Fell Harder Than Wells Fargo. Does That Make It the Better Dividend Buy? · Oct 23, 2026
WFC stock FAQ
What is WFC's market cap?
Wells Fargo's market capitalization is $247.31 billion as of October 23, 2026, ranking 47th in the S&P 500.
What is WFC's P/E ratio?
WFC trades at a trailing price-to-earnings ratio of 11.6x and a forward P/E of 10.3x. Its median P/E over the period we track is 12.5x.
Does WFC pay a dividend?
Yes. Wells Fargo pays $2.00 per share a year, a 2.43% yield. It has raised its dividend 5 years in a row. Dividends grew 53.4% a year over the last five years.
How much has WFC stock returned?
Including reinvested dividends, WFC returned -0.3% over one year, +12.9% a year over five years, +9.2% a year over ten years through October 23, 2026.
Is WFC stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Wells Fargo must grow free cash flow about -24% a year for the next decade. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
When does WFC report earnings?
Wells Fargo is expected to report earnings on January 14, 2027. It has beaten EPS estimates 2 quarters in a row.
How many employees does Wells Fargo have?
Wells Fargo has about 194,369 full-time employees, or $427,599 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology