Wells Fargo & Company

Wells Fargo & Companyverified

WFC

Price:

$54

Market Cap:

$183.80B

Wells Fargo & Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. It operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The Consumer Banking and Lending segment offers diversified financial products and services for consumers and small businesses. Its financial products and services include checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services. The Commercial Banking segment provid...[Read more]

Industry

Banks - Diversified

IPO Date

1972-06-01

Stock Exchange

NYSE

Ticker

WFC

The ROE as of September 2024 (TTM) for Wells Fargo & Company (WFC) is 10.36%

According to Wells Fargo & Company’s latest financial reports and current stock price. The company's current ROE is 10.36%. This represents a change of 299.04% compared to the average of 2.60% of the last 4 quarters.

Wells Fargo & Company (WFC) Historical ROE (quarterly & annually)

How has WFC ROE performed in the past?

The mean historical ROE of Wells Fargo & Company over the last ten years is 9.87%. The current 10.36% ROE has changed 4.96% with respect to the historical average. Over the past ten years (40 quarters), WFC's ROE was at its highest in in the September 2023 quarter at 3.19%. The ROE was at its lowest in in the June 2020 quarter at -2.32%.

Quarterly (TTM)
Annual

Average

9.87%

Median

10.86%

Minimum

0.97%

Maximum

12.50%

Wells Fargo & Company (WFC) ROE by Quarter and Year

Discovering the peaks and valleys of Wells Fargo & Company ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.12%

Maximum Annual ROE = 12.50%

Minimum Annual Increase = -90.83%

Minimum Annual ROE = 0.97%

Quarterly (TTM)
Annual
YearROEChange
202310.31%35.55%
20227.60%-35.48%
202111.78%1.12%
20200.97%-90.83%
201910.53%-7.72%
201811.42%6.49%
201710.72%-2.48%
201610.99%-7.27%
201511.85%-5.20%
201412.50%-2.76%

Wells Fargo & Company (WFC) Average ROE

How has WFC ROE performed in the past?

The current ROE of Wells Fargo & Company (WFC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

9.90%

5-year avg

8.24%

10-year avg

9.87%

Wells Fargo & Company (WFC) ROE vs. Peers

How is WFC’s ROE compared to its peers?

Wells Fargo & Company’s ROE is less than Bank of America Corporation (8.41%), less than JPMorgan Chase & Co. (16.34%), less than The Toronto-Dominion Bank (7.22%), less than Nu Holdings Ltd. (23.52%), less than Citigroup Inc. (3.82%), less than Royal Bank of Canada (13.45%), less than Canadian Imperial Bank of Commerce (12.21%), less than Bank of Montreal (8.37%), less than The Bank of Nova Scotia (9.44%), less than Barclays PLC (7.77%), less than UBS Group AG (2.14%), less than ING Groep N.V. (13.16%),

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