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Wells Fargo & Company (WFCS) Fair Value & Analysis

Financial Services · CA · Market cap C$368B

WF Wells Fargo & Company WFCS · NEO
PriceC$23.58
Fair ValueC$27.40
Upside+16.2%
Quality56/100
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Expensive Growth
Highly profitable · 26.6% net margin
Moderate debt · negative free cash flow
7.09% dividend yield
Ranks above peers (8/13)
Wide moat 65/100
Evidence: Medium Range C$20.55 – C$34.25 Share as image

Fair value as of: Jul 27, 2026

From 9 valuation models · updated 11 days ago

Share price +15.1% over the past month.

A solid business, screening 16% undervalued on our models.

What matters now

  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
  • Our model range runs from C$20.55 (bear) to C$34.25 (bull), base C$27.40. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 56/100 (solid quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (16 months)

C$26.84 C$17.05 Fair Value C$27.40 Feb 2025 Jun 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 27, 2026.

How to read this chart

16‑month range C$17.05 – C$26.84 · fair‑value band C$20.55 – C$34.25 · the C$23.58 price screens below the C$27.40 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 27, 2026.

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Analysis

Wells Fargo & Company (WFCS) currently trades at C$23.58, while our model-based Fair Value estimate is C$27.40, implying the stock looks roughly 16.2% undervalued today. We read business quality at 56/100 (solid quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Wells Fargo & Company generated revenue of C$79.1B at a net margin of 26.6%. Revenue grew 7.5% year over year. It earns a return on equity of 11.5%. Net debt stands at C$18.8B. Fundamentals as of Jul 27, 2026

Our scenario range runs from C$20.55 (bear case) to C$34.25 (bull case); at C$23.58, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 13% below its 52-week high and 16% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 9% fair-value upside, at 16%, WFCS screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Residual Income C$10.88 C$13.02 C$27.23 76
Gordon GGM C$4.00 C$5.50 C$7.07 70
Growth-Adj P/E C$14.68 C$20.98 C$27.27 68
All 9 models by family
Earnings-Based
Graham-Dodd C$9.32 C$17.44 C$21.67 54
Dividend Discount
Gordon GGM C$4.00 C$5.50 C$7.07 70
DDM Multi-Stage C$4.00 C$5.63 C$7.64 61
Multiples
P/E Multiple C$20.55 C$27.40 C$34.25 63
P/S Multiple C$10.08 C$13.44 C$16.79 58
P/B Multiple C$17.47 C$23.29 C$29.12 55
Asset-Based
NCAV (Graham) C$5.81 C$7.79 C$11.63 50
Economic Profit
Residual Income C$10.88 C$13.02 C$27.23 76
Growth Earnings
Growth-Adj P/E C$14.68 C$20.98 C$27.27 68

Widest divergence: Multiples (C$23.29) versus Dividend Discount (C$5.50). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) C$79.1B
Revenue growth (YoY) +7.5%
Net margin 26.6%
Return on equity 11.5%
Free cash flow −C$19.0B FY2025
P/E ratio 13.9
More key figures
Operating margin 33.7%
EPS (TTM) C$1.68
Dividend yield 7.1%
EPS growth (YoY) +16.9%
Net debt C$18.8B FY2025

Figures from reported company fundamentals · as of Jul 27, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 56/100

Of which business quality 51 · Market factors (momentum, volatility) 50

Profitability 44
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 27
Balance sheet, leverage, solvency risk
Investment 92
Disciplined investing over empire-building
Low Volatility 61
Calm price path (market factor)
Momentum 42
Price trend over the last 3–12 months (market factor)
52W Momentum 49
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Wells Fargo & Company, a financial services company, provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally.

Full company description

Wells Fargo & Company, a financial services company, provides diversified 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 provides financial solutions to private, family owned, and certain public companies. Its products and services include banking and credit products across various industry sectors and municipalities, secured lending and lease products, and treasury management services. The Corporate and Investment Banking segment offers a suite of capital markets, banking, and financial products and services, such as corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity, and fixed income solutions, as well as sales, trading, and research capabilities services to corporate, commercial real estate, government, and institutional clients. The Wealth and Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, and trust and fiduciary products and services to affluent, high-net worth, and ultra-high-net worth clients. It also operates through financial advisors in brokerage and wealth offices, consumer bank branches, independent offices, and digitally through WellsTrade and Intuitive Investor. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

Wells Fargo & Company reported revenue of C$83.7B in FY2025 versus C$74.4B in FY2022, a compound +4.0%/yr. Reported net income was C$21.3B in FY2025, compounding +16.0%/yr from FY2022.

Growth Quality 39/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
C$83.7B
Latest YoY
+1.7%
Avg. growth/yr (3Y)
+4.0%
Revenue +4.0%/yr
FY22 C$74.4B
FY23 C$82.6B
FY24 C$82.3B
FY25 C$83.7B
Net income +16.0%/yr
FY22 C$13.7B
FY23 C$19.1B
FY24 C$19.7B
FY25 C$21.3B

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Cite: Fair Value Calculator (2026). "Wells Fargo & Company Fair Value". https://www.fairvalue-calculator.com/stock/WFCS

Peer Group

Banks - Diversified · 47 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 56 · Bottom 25%
Fair Value upside +16% · Above median
Return on equity (TTM) 12% · Above median
Return on assets 1% · Top 25%
Net margin (TTM) 27% · Bottom 25%
Operating margin (TTM) 34% · Bottom 25%
Revenue growth 8% · Above median
Dividend yield (TTM) 7.1% · Top 25%
Debt / equity 0.97× · Lower than median

Valuation Multiples vs Banks - Diversified median · lower = cheaper

P/E (TTM) 13.9× · Pricier than median
P/B 1.46× · Pricier than median
P/S (TTM) 3.34× · Cheaper than median
PEG 1.46× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 55 · sector 36
FUTURE 38 · sector 25
PAST 46 · sector 42
HEALTH 52 · sector 52
DIVIDEND 100 · sector 67

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Banks - Diversified stocks, each showing price versus our Fair Value estimate (as of Jul 27, 2026).

Stock Price Fair Value vs Fair Value
JPMorgan Chase & Co JPM $341.10 $278.99 -18%
Bank of America Corporation BAC $59.67 $55.89 -6%
China Construction Bank Corporation 601939 ¥10.16 ¥17.20 +69%
Industrial and Commercial Bank of China Limited 601398 ¥7.50 ¥13.44 +79%
HSBC Holdings HSBC $100.52 $84.67 -16%
Agricultural Bank of China Limited 601288 ¥6.37 ¥11.85 +86%
Royal Bank of Canada RY C$305.74 C$190.48 -38%
Bank of China Limited 601988 ¥5.88 ¥9.80 +67%
Banco Santander, S.A SAN 51.02 PLN 55.60 PLN +9%
UBS Group UBSN 939.75 MXN 534.84 MXN -43%

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Frequently asked questions

Is Wells Fargo & Company (WFCS) overvalued or undervalued?
As of Jul 27, 2026, our model estimates a fair value of C$27.40 versus a price of C$23.58, about +16% (undervalued).
What is the fair value of WFCS?
Our model-based fair value for Wells Fargo & Company is C$27.40 (as of Jul 27, 2026), built from audited fundamentals. The current price is C$23.58.
What is the quality score of WFCS?
Wells Fargo & Company has a Quality Score of 56/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Wells Fargo & Company (WFCS)?
Wells Fargo & Company reported trailing-twelve-month revenue of about C$79.1B (latest available figure, as of Jul 27, 2026).
What is the net profit margin of WFCS?
The net profit margin of Wells Fargo & Company is about 26.6%, meaning it keeps roughly 26.6% of revenue as net income. Based on the latest reported figures.
Does Wells Fargo & Company pay a dividend?
Wells Fargo & Company currently shows a dividend yield of about 7.09% relative to its recent price (as of Jul 27, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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