Wells Fargo & Co. Stock
€55.22
Your prediction
Wells Fargo & Co. Stock
Pros and Cons of Wells Fargo & Co. in the next few years
Pros
Cons
Performance of Wells Fargo & Co. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Wells Fargo & Co. | -2.310% | -1.761% | -2.987% | 44.196% | 23.149% | 46.647% | 36.988% |
| Citigroup Inc. | -0.630% | -1.237% | -0.410% | 36.726% | 25.322% | -8.549% | 2.641% |
| Bank of America Corp. | -1.440% | 0.402% | 1.130% | 36.586% | 18.232% | 4.167% | 46.022% |
| Citizens Financial | 0.450% | -3.363% | -0.627% | 25.435% | 6.966% | -19.616% | 6.301% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Wells Fargo, a renowned player in the banking services industry, seems to possess a strong financial position based on the data provided for the past three years. From a general perspective, the company has reported growth in total assets and overall profitability. However, a closer look at the financials reveals a more nuanced view of the company's performance, with both strengths and weaknesses.
Growing Total Assets: Wells Fargo's total assets have gradually increased over the years, from €1.95 trillion in 2020 to $1.87 trillion in 2022, and then to $1.89 trillion in the first quarter of 2023. This indicates that the company has successfully expanded its business operations and asset base, providing a strong foundation for future growth.
Positive Net Income: The company has reported net income growth in recent years. From €3.30 billion in 2020 to €21.55 billion in 2021, and $4.99 billion in the first quarter of 2023, consistent net income figures reflect Wells Fargo's ability to generate profits and create value for its shareholders.
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News
Wells Fargo to Present at the 40th Annual Bernstein Strategic Decisions Conference
Wells Fargo & Company (NYSE: WFC) said today that Chief Executive Officer Charlie Scharf will present at the 40th Annual Bernstein Strategic Decisions Conference on Wednesday, May 29, 2024 at 8:00
Wells Fargo & Company Declares Cash Dividends on Preferred Stock
Wells Fargo & Company (NYSE: WFC) today announced dividends on six series of preferred stock.
This press release features multimedia. View the full release here: https://www.businesswire.com/news
Wells Fargo & Company Announces Full Redemption of its Series S Preferred Stock and Related Depositary Shares
Wells Fargo & Company (NYSE: WFC) today announced that on June 15, 2024 (which, due to the occurrence of a non-business day, will shift to June 17, 2024), it will redeem all 80,000 outstanding