Wells Fargo & Co.
WFC
Market Cap$214.92B
Close$
Earnings Call Q4 2023
January 12, 2024 - AI Summary
Wells Fargo reported fourth quarter net income of $3.4 billion, or $0.86 per diluted common share.
The bank's CET1 ratio increased to 11.4% in the fourth quarter, above regulatory minimums.
Net interest income declined by $662 million or 5% from a year ago due to lower deposit loan balances.
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$41.55
32% downside
Current Fair Value
32% downsideOvervalued by 32% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $214.92 Billion |
|---|---|
| Enterprise Value | $512.06 Billion |
| Dividend Yield | $1.335 (2.27%) |
| Earnings per Share | $4.83 |
| Beta | 0.94 |
| Outstanding Shares | 3,658,783,337 |
| Avg 30 Day Volume | 16,405,986 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 11.57 |
|---|---|
| PEG | 51.99 |
| Price to Sales | 1.97 |
| Price to Book Ratio | 1.22 |
| Enterprise Value to Revenue | 4.44 |
| Enterprise Value to EBIT | 23.67 |
| Enterprise Value to Net Income | 28 |
| Total Debt to Enterprise | 0.58 |
| Debt to Equity | 1.6 |
Revenue Sources
No data
ESG Score
No data
About Wells Fargo & Co.
258,700 employees
CEO: Charles Scharf Wells Fargo & Company is a leading financial services company that has approximately $1.9 trillion in assets and proudly serves one in three U.S. households and more than 10% of all middle market companies in the U.S. It provides a diver...