31-Aug-2026
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Wells Fargo’s Second Quarter 2026 Results Spotlight Scale and Market Leadership
Market Chameleon (Tue, 14-Jul 3:10 AM ET)
Wells Fargo is a premier, North American-focused banking titan that commands a $2.2 trillion balance sheet and the third-highest deposit market share in the United States. The bank uses a dense, expansive network of 4,093 branches to champion retail consumers and the middle market, where the firm has built a particularly strong reputation. Following the removal of its federal asset cap in 2025, the firm is set to deploy its legacy excess liquidity to expand each of its four segments: consumer & business lending, commercial banking, corporate & investment banking, and wealth & investment management.
Wells Fargo trades on the NYSE stock market under the symbol WFC.
As of August 31, 2026, WFC stock price declined to $86.39 with 16,245,327 million shares trading.
WFC has a beta of 0.61, meaning it tends to be less sensitive to market movements. WFC has a correlation of 0.07 to the broad based SPY ETF.
WFC has a market cap of $261.24 billion. This is considered a Mega Cap stock.
Last quarter Wells Fargo reported $23 billion in Revenue and $1.96 earnings per share. This beat revenue expectation by $826 million and exceeded earnings estimates by $.25.
In the last 3 years, WFC traded as high as $97.76 and as low as $38.39.
The top ETF exchange traded funds that WFC belongs to (by Net Assets): VTI, VOO, IVV, SPY, VTV.
WFC has underperformed the market in the last year with a price return of +7.6% while the SPY ETF gained +19.4%. However, in the short term, WFC had mixed performance relative to the market. It has outperformed in the last 3 months, returning +13.4% vs +1.9% return in SPY. But in the last 2 weeks, WFC shares have been beat by the market, returning -2.7% compared to an SPY return of -1.2%.
WFC support price is $85.56 and resistance is $87.83 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WFC shares will trade within this expected range on the day.