Revenue segments as reported by the company.

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Wells Fargo

Wells Fargo & Co. is a diversified, community-based financial services company. It is engaged in the provision of banking, insurance, investments, mortgage products and services, and consumer and commercial finance. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. The Consumer Banking and Lending segment offers consumer and small business banking, home lending, credit cards, auto, and personal lending. The Commercial Banking segment offers banking and credit products across multiple industry sectors and municipalities, secured lending and lease products, and treasury management. The Corporate and Investment Banking segment offers 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. The Wealth & Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, trust and fiduciary products and services to affluent, high-net worth and ultra-high-net worth clients. The company was founded by Henry Wells and William G. Fargo on March 18, 1852 and is headquartered in San Francisco, CA.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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Wells Fargo reports Q4 progress amidst challenges, eyes growth opportunities

Wells Fargo's Q4 2022 earnings call highlighted progress in key areas despite challenges. The company is focused on enhancing customer experience, digital transformation, and operational efficiency while navigating economic uncertainties. Opportunities for growth in various business segments are being pursued strategically.

Wells Fargo reports strong Q1 earnings, focuses on credit risk

Wells Fargo's Q1 2023 earnings call highlighted strong financial performance, improvements in consumer banking, and credit risk management focus. Challenges included increasing loan charge-offs and declining deposits, particularly in commercial real estate. Opportunities exist in enhancing expense efficiency, NII stability, and capital optimization strategies.

Wells Fargo reports strong Q2 results amidst regulatory challenges

Wells Fargo's Q2 2023 results showcased improved financial metrics despite challenges like increased net charge-offs and regulatory pressures. The company's focus on risk management, strategic hires, and community initiatives present opportunities for growth and resilience. Uncertainties around Basel III impacts and NII outlook require careful navigation.

Wells Fargo reports revenue growth and strategic initiatives in Q3

Wells Fargo's Q3 performance showed revenue growth and improved profitability, despite challenges.
The company is strategically positioned to capitalize on partnerships and growth in fee-based businesses.
Efforts to enhance risk controls and community service reflect a commitment to long-term sustainability.
Adjustments in consumer lending and capital flexibility provide avenues for future growth and stability.

Wells Fargo reports strong 2023 performance but faces NII challenges

Wells Fargo's 2023 performance showcased growth in revenue and net income, but challenges lie ahead with anticipated NII declines and credit quality issues. The company's strategic focus on risk management, product innovation, and racial equity initiatives positions it for future growth amidst economic uncertainties.

Wells Fargo reports stable Q1 earnings amidst growth opportunities

Wells Fargo's Q1 2024 performance reflects stability in profitability, strong capital position, and improved credit quality, underpinned by diversified revenue streams and strategic investments.
Challenges include uncertainties in client behavior prediction, potential rate cuts impact, and difficulty in stabilizing deposit costs, while opportunities lie in revenue diversification and talent enhancement.
The bank's proactive approach to addressing challenges and leveraging opportunities positions it for future growth and operational efficiency, focusing on long-term profitability and reputation building.
Investors should monitor Wells Fargo's progress in stabilizing net interest income, navigating potential rate cuts, and driving loan growth to assess its resilience and growth prospects in a dynamic market environment.

Wells Fargo reports solid Q2 earnings, focuses on growth strategies

Wells Fargo's Q2 2024 earnings call highlighted strong fee-based revenue growth offsetting challenges in net interest income.
The bank's focus on efficiency, risk control enhancement, and shareholder value creation positions it for sustainable growth.
While facing challenges in noninterest income and credit quality, Wells Fargo's strategic initiatives and solid capital position offer opportunities for future growth.
Investments in AI, sustained fee momentum, and margin expansion strategies underscore the bank's commitment to long-term success.

Wells Fargo reports robust Q3 earnings, eyes growth opportunities

Wells Fargo's Q3 performance reflects resilience and progress in its strategic priorities amidst revenue challenges and expense management.
The bank's strong capital position and focus on core businesses position it well for growth opportunities and navigating economic trends.
While facing challenges in commercial loan demand and net interest income, Wells Fargo's transformation efforts aim to drive improved returns.

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Wells Fargo & Co. is a diversified and community-based financial services company, which engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance products and services. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. The Consumer Banking and Lending segment offers consumer and small business banking, home lending, credit cards, auto, and personal lending. The Commercial Banking segment provides banking and credit products across industry sectors and municipalities, secured lending and lease products, and treasury management. The Corporate and Investment Banking segment is composed of corporate banking, investment banking, treasury management, commercial real estate lending and servicing, and equity and fixed income solutions, as well as sales, trading, and research capabilities. The Wealth and Investment Management segment refers to personalized wealth management, brokerage, financial planning, lending, private banking, trust, and fiduciary products and services. The company was founded by Henry Wells and William G. Fargo on March 18, 1852 and is headquartered in San Francisco, CA.

After holding on its investments for more than 31 years, Warren Buffett substantially lowers stake in Wells Fargo (WFC). Should you follow suit?

Warren Buffett Dumps Wells Fargo (WFC) Stock: Should You Too?

SAN FRANCISCO--(BUSINESS WIRE)-- #ESG--Wells Fargo today announced the issuance of an Inclusive Communities and Climate Bond, its first Sustainability Bond, which will fund projects and programs that support housing affordability, socioeconomic opportunity, and renewable energy. The transaction builds on Wells Fargo's expertise in and history of underwriting green, social, and sustainability bonds, and advances the company's commitment to accelerate a more inclusive and sustainable economy. Wells Farg

Wells Fargo Issues Inclusive Communities and Climate Bond

The reopening trade has been a big theme in recent months as more people have gotten vaccinated and are returning to normal life.

Why UBS Is Losing Interest in Wells Fargo

Wells Fargo & Co said on Wednesday its investment institute is planning to evaluate and onboard an actively managed cryptocurrency strategy for its wealthy clients, the latest move by a major U.S. bank toward accepting digital currencies.

Wells Fargo to onboard active cryptocurrency strategy for rich clients

The bank's wide-ranging  initiative is aimed at promoting banking access and financial education to around 7 million unbanked US households. Here's what the plan entails:

Wells Fargo unveils 10-year plan to boost banking access among unbanked communities

Financial services giant Wells Fargo & Co. (NYSE:WFC) is in the final stages of implementing an actively managed crypto investment strategy for its customers. What Happened: According to Business Insider, Well Fargo's investment institute president Darrell Cronk said that the firm is in the final stages of adding a crypto strategy for wealthy clients.

Wells Fargo To Offer An Active Crypto Investment Strategy For Clients

The bank now trades at a premium to peers in terms of price-to-earnings ratio based on 2022 earnings estimates, he says.

Analyst Downgrades Wells Fargo, but Lifts Price Target

Wells Fargo was downgraded to neutral from buy, though its price target was increased from $40 to $47, by UBS after a 123% surge in the stock from the end of October. Analysts led by Saul Martinez say the bank trades at a premium to rivals, after adjusting 2022 earnings to estimated net charge offs.

Wells Fargo downgraded by UBS as analysts say bank now trades at premium to many rivals

Bristol-Myers

Chevron

Merck

Warren Buffett's Berkshire Hathaway cut back on financial, energy and drug stocks but beefed up his grocery and wireless holdings while adding an insurer.

Warren Buffett's Berkshire Hathaway shakes up investment holdings

Kroger

Verizon

Verizon Communications Inc 5.9 % Notes 2014-15.2.54 Sr

The company's latest portfolio breakdown reveals a few significant changes.

Warren Buffett's Berkshire Hathaway Slashed Wells Fargo Stake in Q1, Added to Kroger and Verizon

Apellis Pharma

Alibaba

Credit Suisse

Energy Transfer LP Unit

Nikola

Oppenheimer Holdings

Party City Holdco

Sibanye Stillwater

Tesla

UBS Group AG

This article contains long/short quick picks for short-term investors. Coverage includes drug development, EV, mining, O&G, high beta consumer goods, and China tech.

5 Movers To Look Into For The Rest Of May

SAN FRANCISCO--(BUSINESS WIRE)--Doma, a leading force for disruptive change in the real estate industry, today announced that its Doma Intelligence platform combined with its title and escrow solutions will help power the real estate closing experience for Wells Fargo & Company (NYSE: WFC). The relationship will enable Wells Fargo to leverage Doma's proprietary machine intelligence technology to remove key points of friction and frustration involved in the traditional way of fulfilling mort

Wells Fargo Taps Doma to Streamline the Refinance Process

While Wells Fargo reported terrible fiscal 2020 results, first quarter results were quite solid.

Wells Fargo: Not A Bargain Anymore, But Still Tempting

Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) shed nearly all of its investment in banking company Wells Fargo & Co (NYSE: WFC) and added stake worth over $900 million in insurance broker Aon Plc (NYSE: AON) besides halving stakes in Chevron Corp (NYSE: CVX) in the first quarter, regulatory filings revealed on Monday. What Happened: Warren Buffett-led company owned about $26.4 million of shares in Wells Fargo as of March 31, down from about $1.58 billion in January, according to the filing.

Warren Buffett's Berkshire Sheds Wells Fargo, Chevron Stakes And Buys This Stock Instead

(Reuters) -Berkshire Hathaway Inc said on Monday it has taken a $943 million stake in insurance brokerage Aon Plc and sold large portions of its investments in Chevron Corp and Wells Fargo & Co.

Buffett's Berkshire buys Aon, slashes Chevron and Wells Fargo

Berkshire Hathaway Inc has sold nearly all of its holdings in Wells Fargo & Co, as Warren Buffett abandoned a more than 31-year-old investment that had been among his most successful before the bank was felled by scandals for mistreating customers. In a regulatory filing on Monday, Berkshire said it owned just $26.4 million of shares in the fourth-largest U.S. bank as of March 31, down from around $32 billion in January 2018.Berkshire began investing in San Francisco-based Wel

Berkshire sheds nearly all of Wells Fargo, a holding since 1989

Intel

Moderna

Netflix

Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. This time, our artificial intelligence systems have identified IBM and Netflix among other trending stocks.

Artificial Intelligence Identifies IBM And Netflix Among Trending Stocks This Week

Wells Fargo has launched a 10-year commitment to help unbanked individuals in the United States gain access to affordable, mainstream bank accounts, the company said on Monday.

Wells Fargo launches 10-year plan to boost banking inclusion for underserved communities

NEW YORK--(BUSINESS WIRE)--Wells Fargo today announced the Banking Inclusion Initiative, a 10-year commitment to help unbanked individuals gain access to affordable, mainstream, digitally-enabled transactional accounts – a meaningful entry point to fully participating in the economy and achieving financial stability. The initiative will focus on reaching unbanked communities and, in particular, helping remove barriers to financial inclusion for Black and African American, Hispanic, and Native A

Wells Fargo launches Banking Inclusion Initiative to accelerate unbanked households' access to affordable transactional accounts

Baidu

Sarah Ketterer (Trades, Portfolio), CEO and primary portfolio manager of Causeway Capital Management, disclosed this week that her firm's top five trades during the first quarter included a major reduction in the Baidu Inc. ( BIDU , Financial) position and the sale of the Wells Fargo & Co. holding ( WFC , Financial). The firm's other key trades included a reduction in its holding of Ryanair Holdings PLC ( RYAAY , Financial), a new position in WestRock Co. ( WRK , Financial) and an increase to its stake in Essent Group Ltd.

Sarah Ketterer's Top 5 Trades of the 1st Quarter

Wells Fargo (WFC) reported earnings 30 days ago. What's next for the stock?

Wells Fargo (WFC) Up 9.9% Since Last Earnings Report: Can It Continue?

JPMorgan Chase & Co

U.S. Bancorp

A group of around 10 banks, including big players such as JPMorgan Chase, Wells Fargo, and U.S. Bank, will begin sharing customers' deposit account records with each other as an alternative underwriting method for credit cards in the US,  per The Wall Street Journal.

JPMorgan Chase, Wells Fargo, and U.S. Bank to share customer deposit records for credit card approvals

JPMorgan and Wells Fargo are reportedly among a growing list of issuers that have joined a government-backed initiative to extend credit accessibility, sources familiar with the matter  told The Wall Street Journal.

JPMorgan and Wells Fargo join government-backed initiative to extend credit accessibility

Some of the largest U.S. banks plan to start sharing data on customers' deposit accounts as part of a government-backed initiative to extend credit to people who have traditionally lacked opportunities to borrow.

The Wall Street Journal: Major U.S. banks will issue credit cards to people with no credit scores as early as this year

Banks in the US are nearing a deal to share information about customers' bank accounts in a bid to extend credit to those who historically haven't qualified.

News for Wells Fargo Stock (WFC)