Wells Fargo & Company
WFC · NYSE
- $90.29
- $268.26B
- Open
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- $87.38 - $90.48
- $72.78 - $97.76
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- 15.73M
About Wells Fargo & Company
Wells Fargo is a diversified financial-services company that sells deposit accounts, consumer and business loans, payment services, investment banking, brokerage, wealth-management and other banking products. It makes money primarily through net interest income on loans and investments, plus fees from payments, asset management, brokerage, advisory and other financial services. Its customers include consumers, small businesses, corporations, institutions and wealth-management clients. The supplied evidence does not provide a current segment revenue split, but Wells Fargo reported $21.3 billion of FY2025 net income, up from $19.7 billion in FY2024; FY2025 revenue was not supplied.
Notable Price Movement
- Sep 7-11$90.290.36%
Wells Fargo rose 1.82%, or $1.57, from $86.39 to $87.96 over the reported week. Shares advanced from $86.39 on Aug. 31 to $89.27 on Sept. 2 and reached $89.97 on Sept. 4, before giving back most of the move in the latest session, when they fell 2.23% to $87.96. Trading reflected a broader bank-sector debate around rates: The Globe and Mail reported that odds of a Federal Reserve rate hike the following week had reached 70%, while Simply Wall St. linked preferred-share weakness to rate fears. Financial-sector ETF outflows also provided a market headwind, including roughly $279.6 million from VFH. No company-specific earnings or guidance announcement explained the reversal.
- Aug 31 - Sep 4$89.973.78%
Wells Fargo rose $4.22, or 4.97%, from $84.97 to $89.19 over the week. The move was not tied to a clearly identified company-specific catalyst in the supplied evidence. After gaining to $86.69 before the week began, WFC slipped 0.35% on Monday, then advanced 0.75% Tuesday and 2.56% Wednesday before ending Thursday nearly unchanged. Trading volume increased from roughly 19.1 million shares Monday to 20.6 million Wednesday, suggesting stronger participation during the advance. The broader backdrop was mixed: Nasdaq 100 futures were reported lower on September 1, while Wells Fargo-related commentary focused on caution around U.S. stocks and artificial-intelligence investment concerns rather than a new operating development.
- Aug 24-28$86.693.40%
Wells Fargo rose 3.40%, or $2.85, from $83.84 to $86.69 over the week. The stock advanced steadily from Monday through Wednesday, closing at $85.23, slipped $0.26 on Thursday, then surged $1.72, or 2.02%, on Friday to finish near the weekly high. The strongest company-specific themes were evidence that second-quarter 2026 ROTCE reached 17.7%, at the upper end of management’s 17%-18% target, and the view that exiting the asset cap could leave the shares undervalued. Coverage also highlighted the multi-year wealth-management revamp, including independent-adviser recruitment and technology upgrades. Zacks reported WFC gained even as the broader market dipped, while ETF outflow commentary provided a counterpoint but no quantified stock-specific impact.
- Aug 10-14$88.821.80%
Wells Fargo fell $0.37, or 0.42%, over the week, closing at $87.52 versus $87.89. The stock initially strengthened, rising $0.50 on Tuesday and another $0.78 on Wednesday to reach $89.17. That advance then reversed sharply: shares dropped $1.58 on Thursday and another $0.34 on Friday, giving back more than the entire earlier gain. WFC recovered $0.27 on Monday, but remained below the prior Friday close. The supplied evidence identifies no company-specific event clearly responsible for the trading pattern. Preferred-stock dividend declarations and reports of institutional buying and selling appeared in the news flow, but no evidence links them to the common-stock move. The week therefore looks primarily like a reversal within broader market trading rather than a response to confirmed fundamental news.
- Aug 3-7$87.250.93%
Wells Fargo rose $1.52, or 1.75%, from $86.87 to $88.39 over the week. The stock first suffered a sharp retreat to $83.87 on July 29, then recovered over the following sessions and extended gains through August 4. The rebound lacked a major Wells Fargo-specific earnings or regulatory announcement in the supplied evidence. Instead, broader support came from reports that large U.S. banks delivered strong second-quarter results, while an approximately $554.5 million inflow into the Invesco BuyBack Achievers ETF provided a possible technical demand signal for constituents including WFC. The approaching $0.50 quarterly dividend and the stock’s recovery after crossing below its 200-day moving average also framed trading sentiment.
