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Also traded in: Argentina, Brazil, Chile, Germany, Mexico, Switzerland, UK

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry
vs
history
Cash to Debt 0.06
WFC's Cash to Debt is ranked lower than
96% of the 1537 Companies
in the Global Banks - Global industry.

( Industry Median: 2.11 vs. WFC: 0.06 )
Ranked among companies with meaningful Cash to Debt only.
WFC' s Cash to Debt Range Over the Past 10 Years
Min: 0.06  Med: 0.14 Max: 0.98
Current: 0.06
0.06
0.98
Equity to Asset 0.11
WFC's Equity to Asset is ranked higher than
59% of the 1597 Companies
in the Global Banks - Global industry.

( Industry Median: 0.10 vs. WFC: 0.11 )
Ranked among companies with meaningful Equity to Asset only.
WFC' s Equity to Asset Range Over the Past 10 Years
Min: 0.07  Med: 0.09 Max: 0.11
Current: 0.11
0.07
0.11
Interest Coverage 6.98
WFC's Interest Coverage is ranked higher than
86% of the 1552 Companies
in the Global Banks - Global industry.

( Industry Median: 1.70 vs. WFC: 6.98 )
Ranked among companies with meaningful Interest Coverage only.
WFC' s Interest Coverage Range Over the Past 10 Years
Min: 0.34  Med: 2.96 Max: 8.46
Current: 6.98
0.34
8.46
F-Score: 3
M-Score: -2.53
WACC vs ROIC
4.26%
4.86%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating margin (%) 37.84
WFC's Operating margin (%) is ranked higher than
67% of the 1640 Companies
in the Global Banks - Global industry.

( Industry Median: 30.80 vs. WFC: 37.84 )
Ranked among companies with meaningful Operating margin (%) only.
WFC' s Operating margin (%) Range Over the Past 10 Years
Min: 7.88  Med: 31.3 Max: 40.21
Current: 37.84
7.88
40.21
Net-margin (%) 25.50
WFC's Net-margin (%) is ranked higher than
60% of the 1639 Companies
in the Global Banks - Global industry.

( Industry Median: 22.22 vs. WFC: 25.50 )
Ranked among companies with meaningful Net-margin (%) only.
WFC' s Net-margin (%) Range Over the Past 10 Years
Min: 6.34  Med: 21.2 Max: 27.34
Current: 25.5
6.34
27.34
ROE (%) 10.72
WFC's ROE (%) is ranked higher than
66% of the 1635 Companies
in the Global Banks - Global industry.

( Industry Median: 8.35 vs. WFC: 10.72 )
Ranked among companies with meaningful ROE (%) only.
WFC' s ROE (%) Range Over the Past 10 Years
Min: 3.23  Med: 11.74 Max: 19.46
Current: 10.72
3.23
19.46
ROA (%) 1.24
WFC's ROA (%) is ranked higher than
72% of the 1646 Companies
in the Global Banks - Global industry.

( Industry Median: 0.88 vs. WFC: 1.24 )
Ranked among companies with meaningful ROA (%) only.
WFC' s ROA (%) Range Over the Past 10 Years
Min: 0.28  Med: 1.35 Max: 1.75
Current: 1.24
0.28
1.75
Revenue Growth (3Y)(%) 0.90
WFC's Revenue Growth (3Y)(%) is ranked lower than
62% of the 1341 Companies
in the Global Banks - Global industry.

( Industry Median: 3.20 vs. WFC: 0.90 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
WFC' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -6.1  Med: 9 Max: 22.9
Current: 0.9
-6.1
22.9
EBITDA Growth (3Y)(%) 6.60
WFC's EBITDA Growth (3Y)(%) is ranked higher than
52% of the 1228 Companies
in the Global Banks - Global industry.

( Industry Median: 6.00 vs. WFC: 6.60 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
WFC' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: -31.7  Med: 10.5 Max: 49.1
Current: 6.6
-31.7
49.1
EPS Growth (3Y)(%) 7.00
WFC's EPS Growth (3Y)(%) is ranked lower than
51% of the 1206 Companies
in the Global Banks - Global industry.

( Industry Median: 7.40 vs. WFC: 7.00 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
WFC' s EPS Growth (3Y)(%) Range Over the Past 10 Years
Min: -32.2  Med: 13.3 Max: 59.1
Current: 7
-32.2
59.1
» WFC's 10-Y Financials

Financials (Next Earnings Date: 2016-10-14)


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow
Oprt. Cash Flow & Net Income

» Details

Guru Trades

Q3 2015

WFC Guru Trades in Q3 2015

Caxton Associates 338,800 sh (New)
Ray Dalio 9,581 sh (New)
Paul Tudor Jones 29,947 sh (+67.40%)
Third Avenue Management 44,137 sh (+45.97%)
Sarah Ketterer 2,370,988 sh (+29.83%)
David Dreman 52,727 sh (+7.33%)
PRIMECAP Management 15,158,052 sh (+4.46%)
Lou Simpson 6,302,428 sh (+3.85%)
Dodge & Cox 71,544,477 sh (+0.91%)
John Buckingham 115,793 sh (+0.86%)
Ken Fisher 18,808,540 sh (+0.56%)
Ruane Cunniff 234,700 sh (+0.11%)
Pioneer Investments 5,652,496 sh (+0.06%)
First Eagle Investment 1,800 sh (unchged)
David Abrams 2,770,000 sh (unchged)
Charlie Munger 1,591,800 sh (unchged)
Prem Watsa 69,300 sh (unchged)
Warren Buffett 470,292,359 sh (unchged)
Jeff Auxier 4,460 sh (unchged)
John Hussman 150,000 sh (unchged)
Bill Nygren 5,290,000 sh (unchged)
Signature Select Canadian Fund Sold Out
T Boone Pickens Sold Out
Louis Moore Bacon Sold Out
Tweedy Browne 5,024,899 sh (-0.67%)
Tom Russo 14,575,503 sh (-0.68%)
Mairs and Power 2,783,519 sh (-0.85%)
RS Investment Management 1,068,944 sh (-1.04%)
Charles Brandes 2,522,981 sh (-1.10%)
Wallace Weitz 1,204,763 sh (-2.40%)
Yacktman Fund 1,850,000 sh (-2.63%)
Scott Black 192,667 sh (-2.67%)
Donald Yacktman 2,345,736 sh (-4.59%)
Barrow, Hanley, Mewhinney & Strauss 40,429,716 sh (-6.08%)
HOTCHKIS & WILEY 4,016,189 sh (-6.70%)
NWQ Managers 1,844,588 sh (-6.97%)
Richard Pzena 2,047,963 sh (-7.85%)
Manning & Napier Advisors, Inc 386,837 sh (-8.17%)
Arnold Van Den Berg 586,419 sh (-8.94%)
Mario Gabelli 3,666,852 sh (-11.12%)
Joel Greenblatt 625,658 sh (-16.13%)
Chris Davis 29,997,125 sh (-16.84%)
Jeremy Grantham 895,495 sh (-17.14%)
T Rowe Price Equity Income Fund 9,407,300 sh (-18.69%)
Stanley Druckenmiller 1,188,900 sh (-29.21%)
Ken Heebner 25,000 sh (-58.33%)
Diamond Hill Capital 4,689 sh (-98.25%)
» More
Q4 2015

WFC Guru Trades in Q4 2015

Murray Stahl 4,210 sh (New)
George Soros 84,861 sh (New)
Jim Simons 44,556 sh (New)
Diamond Hill Capital 1,881,306 sh (+40021.69%)
Jeremy Grantham 1,388,755 sh (+55.08%)
Jerome Dodson 250,000 sh (+25.00%)
Lou Simpson 6,451,411 sh (+2.36%)
Warren Buffett 479,704,270 sh (+2.00%)
Pioneer Investments 5,743,529 sh (+1.61%)
PRIMECAP Management 15,351,272 sh (+1.27%)
Manning & Napier Advisors, Inc 390,784 sh (+1.02%)
Tom Russo 14,721,564 sh (+1.00%)
Ken Fisher 18,991,418 sh (+0.97%)
Charlie Munger 1,591,800 sh (unchged)
Prem Watsa 69,300 sh (unchged)
Bill Nygren 5,290,000 sh (unchged)
David Abrams 2,770,000 sh (unchged)
First Eagle Investment 1,800 sh (unchged)
Jeff Auxier 4,460 sh (unchged)
Ray Dalio Sold Out
Ken Heebner Sold Out
Paul Tudor Jones Sold Out
David Dreman Sold Out
Caxton Associates Sold Out
Stanley Druckenmiller Sold Out
Mairs and Power 2,765,150 sh (-0.66%)
John Buckingham 114,774 sh (-0.88%)
Barrow, Hanley, Mewhinney & Strauss 40,045,730 sh (-0.95%)
NWQ Managers 1,817,759 sh (-1.45%)
Wallace Weitz 1,186,467 sh (-1.52%)
Charles Brandes 2,484,049 sh (-1.54%)
Mario Gabelli 3,603,387 sh (-1.73%)
Dodge & Cox 69,913,390 sh (-2.28%)
HOTCHKIS & WILEY 3,915,628 sh (-2.50%)
Third Avenue Management 41,637 sh (-5.66%)
Tweedy Browne 4,665,575 sh (-7.15%)
Yacktman Fund 1,700,000 sh (-8.11%)
Donald Yacktman 2,118,631 sh (-9.68%)
Arnold Van Den Berg 521,854 sh (-11.01%)
Chris Davis 25,785,084 sh (-14.04%)
Sarah Ketterer 1,972,701 sh (-16.80%)
Richard Pzena 1,675,568 sh (-18.18%)
RS Investment Management 759,028 sh (-28.99%)
John Hussman 100,000 sh (-33.33%)
Ruane Cunniff 144,700 sh (-38.35%)
T Rowe Price Equity Income Fund 5,325,000 sh (-43.40%)
Scott Black 45,326 sh (-76.47%)
Joel Greenblatt 6,991 sh (-98.88%)
» More
Q1 2016

WFC Guru Trades in Q1 2016

Paul Tudor Jones 45,850 sh (New)
David Dreman 43,523 sh (New)
Jim Simons 1,411,162 sh (+3067.16%)
Joel Greenblatt 127,951 sh (+1730.22%)
Diamond Hill Capital 4,054,050 sh (+115.49%)
Murray Stahl 6,971 sh (+65.58%)
PRIMECAP Management 18,501,167 sh (+20.52%)
Sarah Ketterer 2,060,977 sh (+4.47%)
Mairs and Power 2,839,536 sh (+2.69%)
Scott Black 46,262 sh (+2.07%)
Wallace Weitz 1,207,587 sh (+1.78%)
Manning & Napier Advisors, Inc 397,159 sh (+1.63%)
Ken Fisher 19,102,039 sh (+0.58%)
Donald Yacktman 2,124,932 sh (+0.30%)
First Eagle Investment 1,800 sh (unchged)
Jerome Dodson 250,000 sh (unchged)
Warren Buffett 479,704,270 sh (unchged)
Third Avenue Management 41,637 sh (unchged)
Yacktman Fund 1,700,000 sh (unchged)
Charlie Munger 1,591,800 sh (unchged)
David Abrams 2,770,000 sh (unchged)
Paul Tudor Jones 114,200 sh (unchged)
Prem Watsa 69,300 sh (unchged)
Jeff Auxier 4,460 sh (unchged)
Paul Tudor Jones 101,500 sh (unchged)
George Soros Sold Out
John Hussman Sold Out
RS Investment Management 757,809 sh (-0.16%)
Tom Russo 14,692,910 sh (-0.19%)
Charles Brandes 2,467,937 sh (-0.65%)
Tweedy Browne 4,630,560 sh (-0.75%)
T Rowe Price Equity Income Fund 5,255,300 sh (-1.31%)
Mario Gabelli 3,537,728 sh (-1.82%)
Bill Nygren 5,170,000 sh (-2.27%)
HOTCHKIS & WILEY 3,810,128 sh (-2.69%)
Dodge & Cox 67,922,588 sh (-2.85%)
NWQ Managers 1,764,084 sh (-2.95%)
Jeremy Grantham 1,346,615 sh (-3.03%)
Arnold Van Den Berg 505,414 sh (-3.15%)
Barrow, Hanley, Mewhinney & Strauss 38,709,355 sh (-3.34%)
Lou Simpson 6,202,092 sh (-3.86%)
John Buckingham 110,058 sh (-4.11%)
Richard Pzena 1,592,870 sh (-4.94%)
Chris Davis 23,933,513 sh (-7.18%)
Pioneer Investments 5,054,736 sh (-11.99%)
Ruane Cunniff 92,300 sh (-36.21%)
» More
Q2 2016

WFC Guru Trades in Q2 2016

Ruane Cunniff 5,242,602 sh (+5579.96%)
HOTCHKIS & WILEY 6,742,003 sh (+76.95%)
Paul Tudor Jones 64,314 sh (+40.27%)
Jerome Dodson 300,000 sh (+20.00%)
Diamond Hill Capital 4,664,313 sh (+15.05%)
Mairs and Power 3,260,295 sh (+14.82%)
Charles Brandes 2,813,371 sh (+14.00%)
Tweedy Browne 5,006,510 sh (+8.12%)
Manning & Napier Advisors, Inc 425,072 sh (+7.03%)
Joel Greenblatt 135,339 sh (+5.77%)
Wallace Weitz 1,272,799 sh (+5.40%)
Tom Russo 15,184,814 sh (+3.35%)
Chris Davis 24,227,545 sh (+1.23%)
RS Investment Management 759,760 sh (+0.26%)
Donald Yacktman 2,127,795 sh (+0.13%)
Yacktman Fund 1,700,000 sh (unchged)
Jeff Auxier 4,460 sh (unchged)
Charlie Munger 1,591,800 sh (unchged)
First Eagle Investment 1,800 sh (unchged)
Prem Watsa 69,300 sh (unchged)
Murray Stahl 6,971 sh (unchged)
Warren Buffett 479,704,270 sh (unchged)
David Abrams 2,770,000 sh (unchged)
Third Avenue Management Sold Out
T Rowe Price Equity Income Fund 5,248,500 sh (-0.13%)
Arnold Van Den Berg 503,899 sh (-0.30%)
Dodge & Cox 67,648,371 sh (-0.40%)
John Buckingham 109,595 sh (-0.42%)
PRIMECAP Management 18,419,166 sh (-0.44%)
Ken Fisher 18,955,345 sh (-0.77%)
Bill Nygren 5,110,000 sh (-1.16%)
Barrow, Hanley, Mewhinney & Strauss 37,842,797 sh (-2.24%)
Scott Black 44,980 sh (-2.77%)
Mario Gabelli 3,424,878 sh (-3.19%)
David Dreman 41,639 sh (-4.33%)
Lou Simpson 5,820,464 sh (-6.15%)
Pioneer Investments 4,426,510 sh (-12.43%)
NWQ Managers 1,539,400 sh (-12.74%)
Sarah Ketterer 1,701,720 sh (-17.43%)
Richard Pzena 1,019,329 sh (-36.01%)
Jim Simons 36,900 sh (-97.39%)
Jeremy Grantham 7,685 sh (-99.43%)
» More
» Details

Insider Trades

Latest Guru Trades with WFC

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Preferred stocks of Wells Fargo & Co

SymbolPriceYieldDescription
WFCNP0.500.00Dividend Equalization Pfd Shs
WFCNO1133.000.00
WFCPRQ27.355.35Deposit Shs Repr 1/1000th 5.85 % Non-Cum Perp Pfd Shs -A- Series -Q-
WFCPRL1320.005.68Wells Fargo & Co., 7.50% Non-Cumul Perp Conv Cl A Preferred Stock, Series L
WFCPRR29.835.55Deposit Shs Repr 1/1000th 6 5/8 % Non-Cum Perp Pfd Shs -A- Series -R-
WFCPRN25.605.08Deposit Repr 1/1000th 5.2% Fixed Perp Pfd Shs A S eries N
WFCPRP25.935.06Deposit Shs Repr 1/1000 Non-Cum Perp Pfd Shs A Series P
WFCPRO25.704.99Deposit Shs Repr 1/1000th 5 1/8 % Non-Cum Perp Pfd Shs -A- Series -0-
WFCPRJ27.137.37Wells Fargo & Co., 8.00% Dep Shares Non-cumul Perp Cl A Preferred Stock Series J
WFCPRT27.105.54Deposit Shs Repr 1/1000th 6 % Non-Cum Perp Pfd Shs -A- Series -T-
WFCPRV27.264.13
WFCPRW26.233.41
WFCPRX26.101.32

Business Description

Industry: Banks » Banks - Global
Compare:OTCPK:IDCBF, NYSE:JPM, OTCPK:CICHF, NYSE:BAC, OTCPK:HBCYF, OTCPK:BACHF, NYSE:C, OTCPK:ACGBF, OTCPK:CBAUF, NYSE:TD, OTCPK:WEBNF, OTCPK:MBFJF, NYSE:BNS, NYSE:SAN, OTCPK:BCMXY, OTCPK:NABZY, OTCPK:ANEWF, NYSE:UBS, NYSE:SMFG, NYSE:ING » details
Traded in other countries:WFC.Argentina, WFCO34.Brazil, WFC.Chile, NWT.Germany, WFC.Mexico, WFC.Switzerland, 0R2F.UK,
Wells Fargo & Co is a diversified financial services company. It provides retail, corporate and commercial banking services through banking stores and offices, the internet and other distribution channels to individuals, businesses and institutions.

Wells Fargo & Co was founded on March 18, 1852 under the laws of Delaware. It is a diversified financial services company. The Company provides retail, commercial and corporate banking services through banking stores and offices, the internet and other distribution channels to individuals, businesses and institutions in all 50 states, the District of Columbia and in other countries. It provides other financial services through subsidiaries engaged in various businesses, principally: wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, insurance agency and brokerage services, computer and data processing services, trust services, investment advisory services, mortgage-backed securities servicing and venture capital investment. The Company's business segments are Community Banking; Wholesale Banking; and Wealth, Brokerage and Retirement. The Community Banking offers a complete line of diversified financial products and services for consumers and small businesses including checking and savings accounts, credit and debit cards, and auto, student, and small business lending. These products also include investment, insurance and trust services in 39 states and D.C., and mortgage and home equity loans in all 50 states and D.C. through its Regional Banking and Wells Fargo Home Lending business units. The Wholesale Banking provides financial solutions to businesses across the United States and globally with annual sales generally in excess of $20 million. Products and business segments include Middle Market Commercial Banking, Government and Institutional Banking, Corporate Banking, Commercial Real Estate, Treasury Management, Wells Fargo Capital Finance, Insurance, International, Real Estate Capital Markets, Commercial Mortgage Servicing, Corporate Trust, Equipment Finance, Wells Fargo Securities, Principal Investments, Asset Backed Finance, and Asset Management. The Wealth, Brokerage and Retirement provide a full range of financial advisory services to clients using a planning approach to meet each client's financial needs. Wealth Management provides affluent and high net worth clients with a complete range of wealth management solutions, including financial planning, private banking, credit, investment management and fiduciary services. As a bank holding company, the Company is subject to regulation under the BHC Act and to inspection, examination and supervision by its primary regulator, the Board of Governors of the Federal Reserve System.

Guru Investment Theses on Wells Fargo & Co

Ruane Cunniff Comments on Wells Fargo - Jul 13, 2016

Wells Fargo (NYSE:WFC) is the highest return and arguably the best run very large bank in the U.S. It is the number one U.S. bank in many categories including retail deposits; middle market, small business and used car lending; equipment and inventory financing; railcar leasing; and commercial and residential mortgage servicing and originations. It is in fewer volatile business lines than other large banks. It leads the industry in the intensity of its customer relationships with over six products per customer. The number of primary checking accounts at Wells is currently growing at around 5%, an impressive growth rate for a financial institution of this size. Through deposit-driven asset growth and stock buybacks, Wells has done a good job of counteracting shrinking net interest margins over the past decade.

Wells has a long-tenured management team and its record of technological innovation positions it well to handle both challenges from “fintech” disruptors and customer demands for access through a multitude of distribution channels. Wells has a good record of capital allocation, having added to per-share value during the financial crisis by buying Wachovia, expanding its footprint from its already fast-growing Western base to the equally vibrant Southeast. At the time, Wachovia’s “pick-a-pay” mortgage portfolio concerned many investors, but that portfolio’s quality has turned out to be better than even Wells expected. Recently, Wells acquired a large piece of General Electric’s finance business, an acquisition we think will work out well.

Last quarter, Wells’ $1.2 trillion in deposits cost only 0.10% on an annualized basis, the lowest interest cost among its peer group, if not the entire banking industry. Right now, the value of Wells’ deposit franchise is obscured by the unusually low interest rate environment and the fact that Wells is currently holding a high level of cash balances earning virtually nothing. Credit losses should rise in a more normal environment and new regulations requiring Wells to raise long term debt could pinch margins somewhat, but we think the boost in profits from higher interest rates and a redeployment of high cash balances would offset those impacts.

Wells trades at about 12 times our forward 12 months’ earnings estimate, a sharp discount to the S&P multiple of 17. Historically banks have sold at discounts to other publicly traded companies because of the perceived risk that comes with leverage. But Wells’ common equity capital ratio is roughly double pre-crisis levels, its underwriting standards are tighter, and it has exited some higher risk businesses. This suggests a higher relative multiple might be warranted.

Between our 2% weighting in Wells and our look-through interest in the Wells shares owned by Berkshire Hathaway, Sequoia shareholders have roughly a 3% exposure to the bank.

From Ruane Cunniff (Trades, Portfolio)'s Sequoia Fund second quarter 2016 shareholder letter.

Check out Ruane Cunniff latest stock trades

Wallace Weitz Comments on Wells Fargo - Apr 14, 2016

Wells Fargo (NYSE:WFC) ($49 per share) is one of the country’s largest banks, but it has avoided most of the headaches (and risks) associated with the global “money center” banks. It has a strong, conservative lending culture and it added an enormous quantity of cheap deposits during the financial crisis of 2007-09 by acquiring troubled banks. (It also has Warren Buffett (Trades,Portfolio), as a 10% owner, looking over its shoulder.) Wells has suffered compressed net interest margins (as has Redwood) in this period of artificially low rates, yet its earnings have grown to over $4 per share in fiscal year 2014 and again in 2015. When interest rates rise, Wells Fargo’s margins should widen, earnings should increase and the price investors are willing to pay for those earnings (P/E) may increase.

From Wallace Weitz (Trades, Portfolio)'s First Quarter Value Matters.

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Davis Funds Comments on Wells Fargo - Sep 11, 2015

Wells Fargo (NYSE:WFC), a representative holding in the Portfolio, is one of the largest and in our view one of the best-managed financial services companies in the United States, serving one in three households nationwide.1 Wells Fargo provides banking, insurance, investment, mortgage, and consumer finance services across North America through its extensive branch network as well as other channels such as loan and wealth management offices, call centers and the Internet. A key competitive advantage is Wells Fargo’s sizeable, low-cost retail deposit base that enables it to generate one of the highest net interest margins in the industry. Wells Fargo has strong capital ratios, is a smart risk manager and is well positioned for continued growth over the years ahead.



From the Davis Financial Fund semi-annual review 2015.



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Bill Frels Comments on Wells Fargo - Oct 20, 2014

Another strong contributor to performance was Wells Fargo (WFC). Having weathered the financial crisis of 2008-2009 better than most, Wells Fargo has emerged as the go-to bank for depositors in search of a safe haven. With its consumer-friendly reputation, as well as a knack for achieving significant loan and deposit growth, Wells Fargo has been able to leverage its positive brand profile to attract new customers.

From Bill Frels (Trades, Portfolio)' Mairs & Power Growth Fund Q3 2014 Commentary.

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Top Ranked Articles about Wells Fargo & Co

Should You Invest for Dividends Now or Later? This article explores investing in high yield stocks for current income and dividend growth stocks for more income later.
This is a guest contribution written by Kay Ng who writes on Motley Fool Canada and also writes on Seeking Alpha under the alias Canadian Dividend Growth Investor. She also maintains a blog at Passive Income Earner with a focus on dividend investing as a Canadian investor in Canada and the U.S. Read more...
Buffett Stock Wells Fargo Falls Close to 52-Week Low Post Scandal Unlike most Buffett stocks at lows, Wells' attractiveness remains unclear
Wells Fargo, a stock beloved by Warren Buffett (Trades, Portfolio), became his only holding besides Sanofi (NYSE:SNY) to fall to 52-week low price Wednesday after it reported fraud involving fake accounts. Rare pricing windows on Buffett stocks usually drawn investors, but the impact of the scam at Wells Fargo may obscure its attractiveness. Read more...
Will Buffett Sell Wells Fargo? Amid scandal, the bank may lose one of its largest shareholders
Warren Buffett (Trades, Portfolio) is one of Wells Fargo's (NYSE:WFC) premiere shareholders by not only reputation, but by the size of Berkshire Hathaway's (NYSE:BRK.A)(NYSE:BRK.B) stake. Wells Fargo has been shaken up by a scandal where over 5,000 employees were found to have opened accounts without customer consent in order to meet management quotas. These customers were hit with unjustified fees and unaware these accounts were opened in their names. Faced with this ethical crisis, what will Buffett do? Read more...
Stock Market Gains Momentum Investors not worried about interest rates
The U.S. stock market has been gaining momentum, and we have seen some interesting things lately. Read more...
Wells Fargo Takes a Hit: What Will Warren Buffett Do Now? Wells Fargo is now a bargain or a value trap...or somewhere in-between
If there is one thing I have learned about investing in stocks, it is to expect the unexpected. Read more...
Ruane Cunniff Comments on Wells Fargo Guru stock highlight
Wells Fargo (NYSE:WFC) is the highest return and arguably the best run very large bank in the U.S. It is the number one U.S. bank in many categories including retail deposits; middle market, small business and used car lending; equipment and inventory financing; railcar leasing; and commercial and residential mortgage servicing and originations. It is in fewer volatile business lines than other large banks. It leads the industry in the intensity of its customer relationships with over six products per customer. The number of primary checking accounts at Wells is currently growing at around 5%, an impressive growth rate for a financial institution of this size. Through deposit-driven asset growth and stock buybacks, Wells has done a good job of counteracting shrinking net interest margins over the past decade. Read more...
Wallace Weitz Comments on Wells Fargo Guru stock highlight
Wells Fargo (NYSE:WFC) ($49 per share) is one of the country’s largest banks, but it has avoided most of the headaches (and risks) associated with the global “money center” banks. It has a strong, conservative lending culture and it added an enormous quantity of cheap deposits during the financial crisis of 2007-09 by acquiring troubled banks. (It also has Warren Buffett (Trades,Portfolio), as a 10% owner, looking over its shoulder.) Wells has suffered compressed net interest margins (as has Redwood) in this period of artificially low rates, yet its earnings have grown to over $4 per share in fiscal year 2014 and again in 2015. When interest rates rise, Wells Fargo’s margins should widen, earnings should increase and the price investors are willing to pay for those earnings (P/E) may Read more...
Bank of America, Wells Fargo Report Mixed 1st Quarter Earnings The 2 major banks follow lower profit expectations
U.S. market indexes were down in early morning trading Thursday after Bank of America (NYSE:BAC) and Wells Fargo (NYSE:WFC) reported declining profits. Read more...
Warren Buffett Gets More Wells Fargo Without Spending Any Cash Guru's stake in largest holding rises to 10%
Warren Buffett (Trades, Portfolio)’s stake in his largest and much praised position, Wells Fargo & Co. (NYSE:WFC), inched up to 10% in March, an event drawing interest because it triggers a regulatory requirement for special disclosure and because it highlights an overlooked increase he made last year. Read more...
Analyzing Warren Buffett's Biggest Bet Wells Fargo is Buffett's largest holding, and he added to his position last quarter
Wells Fargo (NYSE:WFC) is Warren Buffett’s largest holding, and he first bought into the company in 1989. Buffett owns businesses with lengthy operating histories, durable competitive advantages and excellent management teams, and Wells Fargo is no exception. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 11.29
WFC's P/E(ttm) is ranked higher than
61% of the 1503 Companies
in the Global Banks - Global industry.

( Industry Median: 13.14 vs. WFC: 11.29 )
Ranked among companies with meaningful P/E(ttm) only.
WFC' s P/E(ttm) Range Over the Past 10 Years
Min: 8.71  Med: 13.2 Max: 43.48
Current: 11.29
8.71
43.48
Forward P/E 10.82
WFC's Forward P/E is ranked higher than
67% of the 362 Companies
in the Global Banks - Global industry.

( Industry Median: 12.59 vs. WFC: 10.82 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 11.29
WFC's PE(NRI) is ranked higher than
61% of the 1505 Companies
in the Global Banks - Global industry.

( Industry Median: 13.17 vs. WFC: 11.29 )
Ranked among companies with meaningful PE(NRI) only.
WFC' s PE(NRI) Range Over the Past 10 Years
Min: 8.71  Med: 13.2 Max: 43.48
Current: 11.29
8.71
43.48
Price/Owner Earnings (ttm) 4.59
WFC's Price/Owner Earnings (ttm) is ranked higher than
81% of the 847 Companies
in the Global Banks - Global industry.

( Industry Median: 12.82 vs. WFC: 4.59 )
Ranked among companies with meaningful Price/Owner Earnings (ttm) only.
WFC' s Price/Owner Earnings (ttm) Range Over the Past 10 Years
Min: 3.9  Med: 4.89 Max: 6.85
Current: 4.59
3.9
6.85
P/B 1.31
WFC's P/B is ranked lower than
68% of the 1585 Companies
in the Global Banks - Global industry.

( Industry Median: 1.05 vs. WFC: 1.31 )
Ranked among companies with meaningful P/B only.
WFC' s P/B Range Over the Past 10 Years
Min: 0.53  Med: 1.54 Max: 2.97
Current: 1.31
0.53
2.97
P/S 2.69
WFC's P/S is ranked higher than
56% of the 1593 Companies
in the Global Banks - Global industry.

( Industry Median: 2.93 vs. WFC: 2.69 )
Ranked among companies with meaningful P/S only.
WFC' s P/S Range Over the Past 10 Years
Min: 0.6  Med: 2.64 Max: 3.62
Current: 2.69
0.6
3.62
PFCF 20.33
WFC's PFCF is ranked lower than
80% of the 810 Companies
in the Global Banks - Global industry.

( Industry Median: 10.68 vs. WFC: 20.33 )
Ranked among companies with meaningful PFCF only.
WFC' s PFCF Range Over the Past 10 Years
Min: 11.81  Med: 17.06 Max: 97.09
Current: 20.33
11.81
97.09
POCF 20.13
WFC's POCF is ranked lower than
86% of the 913 Companies
in the Global Banks - Global industry.

( Industry Median: 9.21 vs. WFC: 20.13 )
Ranked among companies with meaningful POCF only.
WFC' s POCF Range Over the Past 10 Years
Min: 3.03  Med: 7.76 Max: 53.83
Current: 20.13
3.03
53.83
EV-to-EBIT 18.06
WFC's EV-to-EBIT is ranked lower than
67% of the 1246 Companies
in the Global Banks - Global industry.

( Industry Median: 12.74 vs. WFC: 18.06 )
Ranked among companies with meaningful EV-to-EBIT only.
WFC' s EV-to-EBIT Range Over the Past 10 Years
Min: 7.1  Med: 16.8 Max: 147.8
Current: 18.06
7.1
147.8
EV-to-EBITDA 16.14
WFC's EV-to-EBITDA is ranked lower than
66% of the 1246 Companies
in the Global Banks - Global industry.

( Industry Median: 11.33 vs. WFC: 16.14 )
Ranked among companies with meaningful EV-to-EBITDA only.
WFC' s EV-to-EBITDA Range Over the Past 10 Years
Min: 6.6  Med: 13.85 Max: 98.2
Current: 16.14
6.6
98.2
PEG 0.92
WFC's PEG is ranked higher than
60% of the 735 Companies
in the Global Banks - Global industry.

( Industry Median: 1.17 vs. WFC: 0.92 )
Ranked among companies with meaningful PEG only.
WFC' s PEG Range Over the Past 10 Years
Min: 0.41  Med: 1 Max: 12.09
Current: 0.92
0.41
12.09
Shiller P/E 15.12
WFC's Shiller P/E is ranked higher than
65% of the 493 Companies
in the Global Banks - Global industry.

( Industry Median: 17.48 vs. WFC: 15.12 )
Ranked among companies with meaningful Shiller P/E only.
WFC' s Shiller P/E Range Over the Past 10 Years
Min: 4.6  Med: 16.05 Max: 23.21
Current: 15.12
4.6
23.21

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 3.30
WFC's Dividend Yield is ranked higher than
57% of the 2183 Companies
in the Global Banks - Global industry.

( Industry Median: 2.92 vs. WFC: 3.30 )
Ranked among companies with meaningful Dividend Yield only.
WFC' s Dividend Yield Range Over the Past 10 Years
Min: 0.59  Med: 2.58 Max: 15.45
Current: 3.3
0.59
15.45
Dividend Payout 0.37
WFC's Dividend Payout is ranked higher than
78% of the 1319 Companies
in the Global Banks - Global industry.

( Industry Median: 9999.00 vs. WFC: 0.37 )
Ranked among companies with meaningful Dividend Payout only.
WFC' s Dividend Payout Range Over the Past 10 Years
Min: 0.08  Med: 0.36 Max: 0.84
Current: 0.37
0.08
0.84
Dividend Growth (3y) 23.70
WFC's Dividend Growth (3y) is ranked higher than
77% of the 730 Companies
in the Global Banks - Global industry.

( Industry Median: 8.40 vs. WFC: 23.70 )
Ranked among companies with meaningful Dividend Growth (3y) only.
WFC' s Dividend Growth (3y) Range Over the Past 10 Years
Min: -44.7  Med: 13.5 Max: 79.2
Current: 23.7
-44.7
79.2
Forward Dividend Yield 3.32
WFC's Forward Dividend Yield is ranked higher than
55% of the 2080 Companies
in the Global Banks - Global industry.

( Industry Median: 3.09 vs. WFC: 3.32 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 24.16
WFC's Yield on cost (5-Year) is ranked higher than
97% of the 2525 Companies
in the Global Banks - Global industry.

( Industry Median: 3.49 vs. WFC: 24.16 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
WFC' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 4.33  Med: 18.95 Max: 113.46
Current: 24.16
4.33
113.46
3-Year Average Share Buyback Ratio 1.10
WFC's 3-Year Average Share Buyback Ratio is ranked higher than
86% of the 1044 Companies
in the Global Banks - Global industry.

( Industry Median: -2.00 vs. WFC: 1.10 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
WFC' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -31.2  Med: 0 Max: 1.1
Current: 1.1
-31.2
1.1

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.67
WFC's Price/Tangible Book is ranked lower than
75% of the 1577 Companies
in the Global Banks - Global industry.

( Industry Median: 1.12 vs. WFC: 1.67 )
Ranked among companies with meaningful Price/Tangible Book only.
WFC' s Price/Tangible Book Range Over the Past 10 Years
Min: 1.46  Med: 3.92 Max: 9.74
Current: 1.67
1.46
9.74
Price/Projected FCF 1.11
WFC's Price/Projected FCF is ranked lower than
81% of the 832 Companies
in the Global Banks - Global industry.

( Industry Median: 0.68 vs. WFC: 1.11 )
Ranked among companies with meaningful Price/Projected FCF only.
WFC' s Price/Projected FCF Range Over the Past 10 Years
Min: 0.75  Med: 1.56 Max: 3.44
Current: 1.11
0.75
3.44
Price/Median PS Value 1.02
WFC's Price/Median PS Value is ranked higher than
53% of the 1483 Companies
in the Global Banks - Global industry.

( Industry Median: 1.03 vs. WFC: 1.02 )
Ranked among companies with meaningful Price/Median PS Value only.
WFC' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.38  Med: 1.2 Max: 1.83
Current: 1.02
0.38
1.83
Price/Peter Lynch Fair Value 1.17
WFC's Price/Peter Lynch Fair Value is ranked lower than
60% of the 383 Companies
in the Global Banks - Global industry.

( Industry Median: 0.95 vs. WFC: 1.17 )
Ranked among companies with meaningful Price/Peter Lynch Fair Value only.
WFC' s Price/Peter Lynch Fair Value Range Over the Past 10 Years
Min: 0.43  Med: 0.98 Max: 4.33
Current: 1.17
0.43
4.33
Price/Graham Number 0.92
WFC's Price/Graham Number is ranked lower than
55% of the 1387 Companies
in the Global Banks - Global industry.

( Industry Median: 0.85 vs. WFC: 0.92 )
Ranked among companies with meaningful Price/Graham Number only.
WFC' s Price/Graham Number Range Over the Past 10 Years
Min: 0.76  Med: 1.79 Max: 2.98
Current: 0.92
0.76
2.98
Earnings Yield (Greenblatt) (%) 5.50
WFC's Earnings Yield (Greenblatt) (%) is ranked lower than
52% of the 1605 Companies
in the Global Banks - Global industry.

( Industry Median: 5.90 vs. WFC: 5.50 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
WFC' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 0.7  Med: 5.95 Max: 14.1
Current: 5.5
0.7
14.1
Forward Rate of Return (Yacktman) (%) 12.03
WFC's Forward Rate of Return (Yacktman) (%) is ranked higher than
51% of the 851 Companies
in the Global Banks - Global industry.

( Industry Median: 11.77 vs. WFC: 12.03 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
WFC' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: -14.3  Med: 8.45 Max: 27.6
Current: 12.03
-14.3
27.6

More Statistics

Revenue (TTM) (Mil) $87,818
EPS (TTM) $ 4.05
Beta0.86
Short Percentage of Float0.46%
52-Week Range $44.50 - 56.34
Shares Outstanding (Mil)5,045.55

Analyst Estimate

Dec16 Dec17 Dec18
Revenue (Mil $) 88,848 92,130 97,138
EPS ($) 4.04 4.24 4.44
EPS w/o NRI ($) 4.04 4.24 4.44
EPS Growth Rate
(3Y to 5Y Estimate)
5.60%
Dividends Per Share ($) 1.52 1.59 1.68
» More Articles for WFC

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