Wells Fargo & Co's fundamentals are relatively stable, with industry-average ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 46 out of 399 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 101.02.In the medium term, the stock price is expected to remain stable.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Media Coverage
Wells Fargo & Company is an American multinational financial services corporation with a significant global footprint. Operating in 35 countries, the company serves over 70 million clients worldwide. Recognized as a systemically important financial institution by the Financial Stability Board, it is considered one of the "Big Four Banks" in the United States, alongside JPMorgan Chase, Bank of America, and Citigroup.
The primary subsidiary of the company is Wells Fargo Bank, N.A., a national bank that designates its main office at its Sioux Falls, South Dakota location. It ranks as the fourth-largest bank in the United States by total assets and also stands out as one of the largest banks based on deposits and market capitalization. With a network of 8,050 branches and 13,000 automated teller machines, as well as 2,000 stand-alone mortgage branches, it is the second-largest retail mortgage originator in the U.S., responsible for originating one out of every four home loans, and services $1.8 trillion in home mortgages, making it one of the largest servicing portfolios in the nation. Additionally, it is recognized as one of the most valuable banking brands, ranking 47th on the Fortune 500 list of the largest U.S. companies.
Beyond traditional banking, Wells Fargo offers equipment financing through subsidiaries like Wells Fargo Rail and provides investment management and brokerage services. A core aspect of Wells Fargo's business approach is cross-selling, which involves encouraging existing customers to acquire additional banking services. This strategy led to the infamous Wells Fargo cross-selling scandal.
The company maintains international offices in cities including London, Dublin, Paris, Milan, Dubai, Singapore, Tokyo, Shanghai, Beijing, and Toronto, among others. Its back-office operations are located in India and the Philippines, employing more than 20,000 staff. Notably, Wells Fargo is the first major national U.S. bank to successfully undergo a unionization effort. As of 2024, 20 branch locations have joined Wells Fargo Workers United-CWA, a division of the Communications Workers of America, within less than a year.
Wells Fargo operates under Charter No. 1, the first national bank charter issued in the United States, which was granted to the First National Bank of Philadelphia on June 20, 1863, by the Office of the Comptroller of the Currency. The current entity known as Wells Fargo is the result of a merger between the original Wells Fargo & Company and Norwest Corporation, based in Minneapolis, in 1998. Following the merger, the combined company adopted the more recognizable Wells Fargo name and relocated to the Wells Fargo headquarters in San Francisco. At that time, Norwest’s banking subsidiary merged with Wells Fargo’s Sioux Falls-based banking unit, allowing Wells Fargo to become a coast-to-coast bank with the acquisition of Wachovia, based in Charlotte, in 2008.
The current financial score of Wells Fargo & Co is 7.71, ranking 190 out of 399 in the Banking Services industry. Its financial status is weak, and its operating efficiency is high. Its latest quarterly revenue reached 20.96B, representing a year-over-year increase of 6.59%, while its net profit experienced a year-over-year increase of 6.52%.
The current valuation score of Wells Fargo & Co is 8.94, ranking 19 out of 399 in the Banking Services industry. Its current P/E ratio is 14.00, which is 13.52% below the recent high of 15.89 and 41.88% above the recent low of 8.14.

The current earnings forecast score of Wells Fargo & Co is 7.48, ranking 164 out of 399 in the Banking Services industry. The average price target is 95.50, with a high of 101.00 and a low of 79.50.


Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Wells Fargo & Co is 6.98, ranking 282 out of 399 in the Banking Services industry. Currently, the stock price is trading between the resistance level at 95.64 and the support level at 83.91, making it suitable for range-bound swing trading.

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The current institutional shareholding score of Wells Fargo & Co is 7.00, ranking 59 out of 399 in the Banking Services industry. The latest institutional shareholding proportion is 78.98%, representing a quarter-over-quarter decrease of 2.32%. The largest institutional shareholder is The Vanguard, holding a total of 297.12M shares, representing 9.61% of shares outstanding, with 4.43% increase in holdings.

The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Banking Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Wells Fargo & Co is 9.23, ranking 22 out of 399 in the Banking Services industry. The company's beta value is 1.09. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. Wells Fargo & Co’s latest ESG disclosure is at an average level in the Banking Services industry, showing no material impact on overall risk.