
Scott Powell will succeed Derek Flowers, who is retiring from the bank in January.
Wells Fargo & Company is an American multinational financial services company with corporate headquarters in San Francisco, California, operational headquarters in Manhattan, and managerial offices throughout the United States and overseas.
| Revenue (TTM) | $83.03B |
| Gross Profit (TTM) | $83.03B |
| EBITDA | — |
| Operating Margin | 37.40% |
| Return on Equity | 12.60% |
| Return on Assets | 1.08% |
| Revenue/Share (TTM) | $26.74 |
| Book Value | $53.19 |
| Price-to-Book | 1.50 |
| Price-to-Sales (TTM) | 3.02 |
| EV/Revenue | 5.4 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 25.00% |
| Quarterly Revenue Growth (YoY) | 9.50% |
| Shares Outstanding | $3.02B |
| Float | $3.02B |
| % Insiders | 0.09% |
| % Institutions | 78.78% |
Volatility is currently expanding

Scott Powell will succeed Derek Flowers, who is retiring from the bank in January.

Fed's latest rate hike could support WFC's NII expansion, but rising deposit costs and may limit the upside to some extent.

Five days following the Fed's decision to raise interest rates by 25 bps, Stephen Biggar believes that Fed Chair Kevin Warsh's hawkish tone is a signal for a steeper hike cycle. That said, he remains bullish on big banks and lists JPMorgan Chase (JPM), Morgan Stanley (MS), and Goldman Sachs (GS) as stock picks.

The Fed raised rates for the first time in three years, and bank stocks promptly sold off. What looks like a contradiction might be a warning about where the trade goes from here.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Wells Fargo (WFC) have what it takes?

JPM, BAC, C, WFC and KEY face mixed earnings effects as the Fed's first rate hike in three years raises NII potential but pressures deposits.

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Bank, N.A., said today it is increasing its prime rate to 7.00 percent from 6.75 percent, effective tomorrow, Sept. 17, 2026.About Wells FargoWells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.3 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer.

JPM leads on 2026 earnings momentum and diversification, while WFC offers a cheaper valuation and improving growth after the asset-cap removal.

There is a correlation between increasing dividends and strong investment performance — even if a stock has a low dividend yield when you buy.

WFC sees stronger 2026 loan growth as resilient consumers, improving margins and business momentum support its broader growth strategy.
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