Wells Fargo & Company (WFC)
NYSE · Financials · analysed October 12, 2026
Founded in 1852, Wells Fargo & Company is a major American financial services institution offering retail and commercial banking, wealth management, and corporate and investment banking services. Operating across consumer, commercial, institutional, and wealth segments, the company delivers deposit, lending, mortgage, credit card, and capital markets solutions. Its current strategic initiatives focus on strengthening operational risk controls and regulatory compliance, simplifying its corporate structure, expanding digital banking technologies, and growing fee-based revenue in wealth management and investment banking.
Executive summary
Wells Fargo has reached a major operational inflection following the Federal Reserve's lifting of its seven-year asset cap in mid-2025 and the termination of its final legacy consent orders in early 2026 [1, 10]. The bank is actively re-expanding commercial deposits, growing trading assets, and executing substantial capital return programs, with consensus projecting 16.3% EPS growth in FY2026 [1, 6, 7, 21]. Despite these fundamental milestones, the stock has traded roughly flat over the past year, leaving the shares at 10.53 times forward earnings amid broader macro interest rate uncertainty and commercial real estate exposure [1, 6, 21].
Sources cited here, 5 of 31
- 12025 Annual Report
- 6wellsfargo.com
- 7zacks.com
- 10wellsfargo.com
- 21marketbeat.com
Key figures
- Market cap
- $252.7B
- P/E, trailing
- 12.1
- P/E, next 12 months
- 10.5
- Revenue growth, last fiscal year
- 1.7%
- Net margin, last fiscal year
- 25.4%
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