Financials · Diversified Banks · US stock · price as of 22 Oct 2026
Key indicators
Price
$83.01
52-week range
$72.78 – $97.76
Market cap
$255.2B
P/E (trailing)
11.6×
Dividend yield
2.2%
Revenue (last 12 months)
$614M
Revenue growth (3y a year)
–
Price / book
1.4×
Return on equity
12.5%
Fair value
Fair value (average of valid models)$74.93 middle half of models $71 – $83
Versus priceFair−10% to fair value
P/E multiple
$82.55
P/B multiple
$71.16
P/S multiple
$57.88
Dividend discount, stable
$71.32
Dividend discount, multi-stage
$91.76
Model uncertainty
Medium
X-Ray Score
38/ 100 · Medium confidence · ahead of 20% of sector peers
Valuation31
Growth28
Profitability42
Financial health44
Dividends56
Five-year price chart navy: price · brown: 200-day average · blue band: fair value range
Executive summary
Wells Fargo is a large diversified bank holding company in the United States. It offers consumer and small business banking, home lending, credit cards, auto loans, commercial lending, and investment and wealth services. The bank earns money mainly from the interest margin between loans and deposits, plus fees from payments, advisory work, asset management and trading. Its results depend on interest rates, credit quality and regulation of its operations.
Return on invested capital reached 12%. It pays a dividend with a yield of 2.2%. Any one measure gives only a partial picture of the business. These figures describe past results and say nothing certain about the future.
StocksXray gives Wells Fargo & Company an X-Ray Score of 38 out of 100 (medium confidence), ahead of 20% of the S&P 500 stocks in its sector. Its strongest lens is dividends (56) and its weakest is growth (28).
Our fair value (the average of the valid models) is $74.93 (range $71.16 to $82.55). At $83.01 the stock trades 11% above that value, so the label is "Fair" with medium model uncertainty. Fair value is a range, not a price target.
XStocksXray
Wells Fargo & Company (WFC)
Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months
FY2021
FY2022
FY2023
FY2024
FY2025
Now
Price
$42.64
$37.56
$46.17
$67.63
$91.69
$83.01
Market cap
$174.7B
$144.1B
$171.8B
$234.5B
$297.3B
$255.2B
P/E
8.4×
11.5×
9.6×
12.6×
14.6×
11.6×
Price / book
0.9×
0.8×
0.9×
1.3×
1.6×
1.4×
Dividend yield
1.41%
2.93%
2.82%
2.22%
1.85%
2.23%
Fundamentals checklist ● 2 Good · ● 1 Average · ● 3 Bad · each check graded against the sector
Risk models
Piotroski F-Score4 of 9Bad
Growth
EPS growth (3y)24.2%Good
Growth consistency0%Bad
Valuation
Fair value vs price0.9×Bad
Profitability
Return on invested capital12.1%Average
Operating margin4,472.8%Good
XStocksXray
Wells Fargo & Company (WFC)
Financials US$ millions, from SEC filings; last column is the last twelve months
Income statement
FY21
FY22
FY23
FY24
FY25
LTM
Revenue
–
–
1,011
961
917
614
Net income
22,109
13,677
19,142
19,722
21,338
22,610
Diluted EPS ($)
5.08
3.27
4.83
5.37
6.26
7.14
Net margin
–
–
1,893.4%
2,052.2%
2,326.9%
3,682.4%
Balance sheet
FY21
FY22
FY23
FY24
FY25
LTM
Total assets
1,948,068
1,881,020
1,932,468
1,929,845
2,148,631
2,282,201
Cash
234,230
159,157
236,052
201,902
172,593
201,461
Total debt
195,098
226,015
297,147
175,782
193,035
207,307
Equity
187,606
180,227
185,735
179,120
181,117
180,190
Dividend per share ($)
0.60
1.10
1.30
1.50
1.70
1.80
Revenue and net income US$ billions: navy revenue, teal net income
Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value is the average of up to 15 valuation models, most of them anchored to the company's own multiples, so it stays near the price and should be read as a range, not a point. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.
