Scott Powell - Wells Fargo President

WFC Stock  USD 63.70  0.98  1.52%   

President

Scott Powell is Chief Operating Officer, Senior Executive Vice President of Wells Fargo since 2019.
Age 62
Tenure 5 years
Address 420 Montgomery Street, San Francisco, CA, United States, 94104
Phone866 249 3302
Webhttps://www.wellsfargo.com

Wells Fargo Management Efficiency

At present, Wells Fargo's Return On Assets are projected to slightly decrease based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.15, whereas Return On Capital Employed is forecasted to decline to 0.01. At present, Wells Fargo's Total Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 524.6 B, whereas Total Assets are forecasted to decline to about 979.5 B. Wells Fargo's management efficiency ratios could be used to measure how well Wells Fargo manages its routine affairs as well as how well it operates its assets and liabilities.
Wells Fargo has 219.47 B in debt with debt to equity (D/E) ratio of 8.26, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Note however, debt could still be an excellent tool for Wells to invest in growth at high rates of return.

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Wells Fargo Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. Wells Fargo Company was founded in 1852 and is headquartered in San Francisco, California. Wells Fargo operates under BanksDiversified classification in the United States and is traded on New York Stock Exchange. It employs 239209 people. Wells Fargo (WFC) is traded on New York Stock Exchange in USA. It is located in 420 Montgomery Street, San Francisco, CA, United States, 94104 and employs 220,167 people. Wells Fargo is listed under Diversified Banks category by Fama And French industry classification.

Management Performance

Wells Fargo Leadership Team

Elected by the shareholders, the Wells Fargo's board of directors comprises two types of representatives: Wells Fargo inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Wells. The board's role is to monitor Wells Fargo's management team and ensure that shareholders' interests are well served. Wells Fargo's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Wells Fargo's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kevin Reen, Chief Lending
Muneera Carr, Executive Vice President, Chief Accounting Officer, Controller
Saul Beurden, Senior Executive Vice President Head of Technology
Mark Chancy, Independent Director
Charles Scharf, President, Chief Executive Officer, Director
Donald James, Independent Director
Ronald Sargent, Independent Director
Michael Weinbach, Senior Executive Vice President and Chief Executive Officer of Consumer Lending
Amy Bonitatibus, Chief Officer
Derek Flowers, Senior Vice President Head of Strategic Execution and Operations
Barry Sommers, Senior Executive Vice President and Chief Executive Officer of Wealth and Investment Management
Theodore Craver, Independent Director
Perry Pelos, Senior Executive Vice President, Chief Executive Officer of Commercial Banking
Ather III, Digital Strategy
David Owen, Chief Operations
Michael Liersch, Head Management
Jamie Niven, the Europe
Paula Dominick, Chief Officer
John Shrewsberry, Chief Financial Officer, Senior Executive Vice President
Ather Williams, Senior Executive Vice President and Head of Strategy, Digital Platform, and Innovation
John Campbell, Director Relations
Douglas Edwards, Executive Vice President, Acting General Counsel
Richard Payne, Independent Director
Suzanne Vautrinot, Independent Director
Maria Morris, Independent Director
Charles Noski, Independent Chairman of the Board
Ellen Patterson, Senior Executive Vice President General Counsel
Wayne Hewett, Independent Director
Tracy Kerrins, Senior Technology
Jonathan Weiss, Senior Executive Vice President, CEO of Corporate and Investment Banking, and Interim CEO of Wealth and Investment Management
Scott Powell, Chief Operating Officer, Senior Executive Vice President
Kyle Hranicky, Senior Executive Vice President, Chief Executive Officer of Commercial Banking
Bei Ling, Senior Executive Vice President Head of Human Resources
Steven Black, Independent Chairman of the Board
Lester Owens, Senior Executive Vice President and Head of Operations
JD Esq, Senior Counsel
William Daley, Vice Chairman of the Board - Public Affairs
Kleber Santos, Senior Vice President Head of Diverse Segments, Representation & Inclusion, Interim Head of Human Resources
Bridget Engle, Senior Technology
Mary Mack, Senior Executive Vice President, CEO of Consumer and Small Business Banking, and Interim CEO of Consumer Lending
Juan Pujadas, Independent Director
Bill Juliano, Chief Officer
Amanda Norton, Senior Executive Vice President and Chief Risk Officer
Brian Smith, Executive Policy
Celeste Clark, Independent Director
Kristy Fercho, Representation Segments
David Galloreese, Executive Vice President, Head of Human Resources
Michael Santomassimo, Chief Financial Officer, Senior Executive Vice President

Wells Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Wells Fargo a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Wells Fargo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wells Fargo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wells Fargo Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wells Fargo Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wells Fargo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For information on how to trade Wells Stock refer to our How to Trade Wells Stock guide.
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Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wells Fargo. If investors know Wells will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wells Fargo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
1.45
Earnings Share
4.81
Revenue Per Share
22.23
Quarterly Revenue Growth
(0.02)
The market value of Wells Fargo is measured differently than its book value, which is the value of Wells that is recorded on the company's balance sheet. Investors also form their own opinion of Wells Fargo's value that differs from its market value or its book value, called intrinsic value, which is Wells Fargo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wells Fargo's market value can be influenced by many factors that don't directly affect Wells Fargo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wells Fargo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wells Fargo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wells Fargo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.