Wells Fargo & Company (WFC)
Financials16 articles
Price chart
Wells Fargo & Company (WFC) overview
Wells Fargo is a large U.S. bank focused on consumer and commercial banking, mortgages, and wealth management. It is a member of the S&P 500 and is classified in the Financials sector — banks, insurers and capital-markets firms at the center of the economy.
Wells Fargo & Company trades on the NYSE under the ticker symbol WFC. As of the most recent market data, the stock was priced around $87.51, down 0.64% on the session, giving Wells Fargo & Company a market capitalization of roughly $267.80B.
Over the past 52 weeks, WFC has traded between $72.78 and $97.76. Shares are valued at a trailing price-to-earnings (P/E) ratio of about 12.8, a common gauge of how richly the market prices the company's earnings. Wells Fargo & Company also pays a dividend, currently yielding around 2.04%.
Key statistics
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
Why investors watch WFC
As one of the larger companies in the Financials sector, Wells Fargo & Company is closely followed by investors and often moves with broader trends across banks, insurers and capital-markets firms at the center of the economy. Traders watch WFC for earnings reports, analyst rating changes, and headlines that can shift sentiment — each of which is summarized on this page as it breaks.
Because the S&P 500 is weighted by market value, Wells Fargo & Company's size means its share-price moves can also nudge the index as a whole, making WFC a stock that even index investors pay attention to.
Market Mood
Latest WFC news
Goldman Sachs Earnings Focus as Banks Report Record Numbers
Major U.S. banks, including JPMorgan and Wells Fargo, have reported their earnings for the recent quarter, showcasing record profits. The results come amid concerns about underlying economic risks, prompting debates among analysts about the sustainability of these earnings. The performance of these financial giants is critical as they represent the health of the banking sector. This news matters for ordinary investors as it may influence market sentiment and investment decisions in the financial sector.
Read More: Goldman Sachs Earnings Focus as Banks Report Record Numbers
Wells Fargo (WFC) Gains $1.7B Team From RBC Capital Markets
Wells Fargo Advisors has welcomed a Connecticut-based team with over $1.7 billion in client assets, moving from RBC Capital Markets. This transition includes managing directors Steven and Jeffrey Sheresky, and Jeffrey Samsen, who have lengthy careers in wealth management. Wells Fargo recently has been actively expanding, having recruited teams managing assets of $5.9 billion, $1.5 billion, and $1.6 billion from Morgan Stanley and UBS in prior months. This matters as such acquisitions can potentially enhance Wells Fargo's asset base and client service, impacting its market position and profitability (WFC).
Read More: Wells Fargo (WFC) Gains $1.7B Team From RBC Capital Markets
Alcoa Corp (AA) Analysts Set Price Target at $92 Following Acquisition
On July 1, Alcoa Corp (AA) announced the acquisition of South32's bauxite, alumina, and aluminum assets. B. Riley reiterated a Buy rating with a price target of $92, despite concerns over short-term leverage. Earlier, Wells Fargo adjusted its price target from $82 to $71, reflecting cautious sentiment due to aluminum price weakness. Analysts highlight potential cost savings and improved competitiveness as long-term benefits of the acquisition, potentially offsetting recent share price declines.
Read More: Alcoa Corp (AA) Analysts Set Price Target at $92 Following Acquisition
SPY Gains 73% in 5 Years, Analyst Signals Buying Opportunities
The SPDR S&P 500 ETF (SPY) has gained 73% over the last five years, with no pullbacks of 10% or more since April 2025. Currently, the ETF sits at $735.02, having risen 31% since April 2025, but has recently fallen 2.23% in the past week and 1.62% over the past month. Analyst Scott Wren from Wells Fargo highlights a Fed pivot from easing to tightening as a reason for potential market volatility and advises investors to hold cash for buying opportunities rather than chasing current prices. Wren forecasts a 15-25% earnings growth next year, underlining a favorable long-term outlook.
Read More: SPY Gains 73% in 5 Years, Analyst Signals Buying Opportunities
MannKind Corporation (MNKD) Price Target Raised to $11 by Wells Fargo
On June 1, Wells Fargo increased its price target for MannKind Corporation (MNKD) from $10 to $11, maintaining an Overweight rating. This adjustment is attributed to the recent FDA approval of Afrezza Inhalation Powder for pediatric patients aged 6 and older. MannKind also indicated the possibility of receiving up to $35 million in development milestones along with a 10% royalty on net sales. These developments enhance MNKD's potential in the biopharmaceutical market, particularly in treating diabetes in children and adolescents.
Read More: MannKind Corporation (MNKD) Price Target Raised to $11 by Wells Fargo
Alphabet (GOOGL) Stock Rating Confirmed Amid Financing Strategy
Wells Fargo has reiterated its stock rating for Alphabet (GOOGL), emphasizing the company's financing strategy. This approach is significant as it may impact investor confidence and trading volumes, but no specific numbers or P/E ratios were mentioned. The consistency in their rating indicates a stable outlook from the firm, which may influence market dynamics for Alphabet. Overall, this statement reflects Wells Fargo's continued support for Alphabet amidst various market conditions.
Read More: Alphabet (GOOGL) Stock Rating Confirmed Amid Financing Strategy
Wells Fargo (WFC) to Pay $100M for Discrimination in Home Loans
Wells Fargo (WFC) has agreed to pay $100 million as part of a settlement related to a discrimination lawsuit affecting homebuyers. The settlement will benefit individuals in 51 cities, providing financial assistance to those who qualify. This action is significant as it addresses systemic issues in lending practices and reflects broader regulatory scrutiny of financial institutions. The announcement could potentially impact WFC's reputation and operational costs moving forward.
Read More: Wells Fargo (WFC) to Pay $100M for Discrimination in Home Loans
Chubb (CB) Price Target Raised to $333 by Wells Fargo
Wells Fargo has increased its price target for Chubb Limited (CB) from $321 to $333, maintaining an Equal Weight rating. Citizens Financial Group also raised its price goal for Chubb to $365 from $350, holding an Outperform rating. Despite an earnings beat, Chubb shares declined due to concerns about softening property markets. Both firms emphasize Chubb's strong global exposure and diversified business mix as key growth drivers, particularly in emerging markets.
Read More: Chubb (CB) Price Target Raised to $333 by Wells Fargo
Wells Fargo Reiterates Equal Weight on Kaiser Aluminum (KALU)
Wells Fargo has reiterated an Equal Weight rating on Kaiser Aluminum (KALU) stock. This recommendation suggests that analysts expect the stock to perform in line with the overall market. The reaffirmation does not include any specific price targets or changes in forecast estimates. Such ratings can influence investor sentiment and trading behavior but are typically viewed as neutral in their market impact.
Read More: Wells Fargo Reiterates Equal Weight on Kaiser Aluminum (KALU)
Wells Fargo Raises Oil Price Forecasts Amid Profit-taking Advice
Wells Fargo has increased its oil price forecasts but suggests it may be prudent for investors to consider taking profits in the energy sector. Specific numbers or projections were not disclosed in the piece. Market analysts are weighing this advice against current oil trends, underscoring the potential volatility in energy prices. The stance could signal a shift in the market's perception of energy asset values, particularly for companies in the sector.
Read More: Wells Fargo Raises Oil Price Forecasts Amid Profit-taking Advice
Wells Fargo (WFC) Focused on Long-Term Turnaround Strategy
Wells Fargo & Company (WFC) is identified by Jim Cramer as a focus for long-term investment strategies, emphasizing its ongoing turnaround efforts under CEO Charlie Scharf. Cramer noted that the bank is set for a pivotal earnings season alongside JPMorgan and Citigroup. He highlighted Wells Fargo's integration of AI technology and its potential for stock buybacks. Although he acknowledges the bank's potential, he suggests other AI stocks might offer higher upside with less risk.
Read More: Wells Fargo (WFC) Focused on Long-Term Turnaround Strategy
Wells Fargo (WFC) Q3 Interest Income Misses Estimates, Shares Drop
Wells Fargo (WFC) reported interest income that fell short of analysts' expectations for the third quarter. The financial institution's results highlighted a decrease in income due to challenging market conditions. Analysts had anticipated interest income to be higher, reflecting the impact of rising interest rates on lending. Following the announcement, shares of Wells Fargo declined, indicating a negative market reaction to the results.
Read More: Wells Fargo (WFC) Q3 Interest Income Misses Estimates, Shares Drop
Wells Fargo Investment Institute recommends 5% yield bonds
Wells Fargo Investment Institute is advising investors to lock in bonds offering yields of 5%. This recommendation could potentially influence market trends, particularly in fixed-income sectors. A 5% yield is significant in a low-interest rate environment, where traditional savings and investments may not offer competitive returns. Monitoring bond yields can provide insights into broader economic conditions and investor sentiment.
Read More: Wells Fargo Investment Institute recommends 5% yield bonds
Wall Street Banks Trading Revenues Could Hit $40bn
The five largest US lenders are projected to report a combined trading revenue of $40 billion, marking the highest figure since at least 2014. This surge in trading activity is attributed to increased market volatility linked to the ongoing conflict in Iran. Such significant trading revenues could have implications for stock market performance and the overall health of these financial institutions. The anticipated results demonstrate the ability of banks to capitalize on volatile market conditions.
Read More: Wall Street Banks Trading Revenues Could Hit $40bn
Wells Fargo Attune Mastercard Offers 4% Back for Golf Spending
The Wells Fargo Attune World Elite Mastercard® allows users to earn 4% cash back on categories including sports, recreation, and entertainment, which encompass public golf courses. Additionally, users can earn $100 in cash rewards after spending $500 in the first 3 months. The card features a $0 annual fee and an intro APR of 0% for the first 12 months. Such benefits make it a favorable choice for frequent golfers looking to maximize rewards while enjoying their sport.
Read More: Wells Fargo Attune Mastercard Offers 4% Back for Golf Spending
Wells Fargo (WFC) Reports 2% Quarterly Drop in US Medicaid Enrollment
Wells Fargo (WFC) reported a 2% quarterly decline in US Medicaid enrollment. This decrease could have implications for healthcare funding and market forecasts related to Medicaid services. The U.S. Medicaid program, which provides health coverage to millions, is directly influenced by enrollment figures, affecting the financial performance of companies reliant on Medicaid funding. The firm has not specified further figures or projections regarding impacts on their operations.
Read More: Wells Fargo (WFC) Reports 2% Quarterly Drop in US Medicaid EnrollmentMore Financials stocks
Frequently asked questions
Is Wells Fargo & Company in the S&P 500?
Yes. Wells Fargo & Company (WFC) is a member of the S&P 500 index, classified in the Financials sector.
What sector is WFC in?
Wells Fargo & Company is classified in the Financials sector of the S&P 500 — banks, insurers and capital-markets firms at the center of the economy.
Where can I find the latest WFC news?
This page collects recent Wells Fargo & Company (WFC) news and market analysis, each article summarized by AI and tagged with bullish, bearish, or neutral sentiment.
What is Wells Fargo & Company's stock price?
As of the most recent market data, Wells Fargo & Company (WFC) traded at approximately $87.51. Prices move throughout the trading day, so this reflects the latest available quote rather than a live price.
What is Wells Fargo & Company's market cap?
Wells Fargo & Company has a market capitalization of roughly $267.80B, based on its most recent share price and shares outstanding.
What is WFC's P/E ratio?
WFC trades at a trailing price-to-earnings ratio of about 12.8. The P/E ratio compares a company's share price to its earnings per share.