Yahoo · Sep 16, 2026
Wells Fargo Bank Increases Prime Rate to 7.00 Percent
SAN FRANCISCO, September 16, 2026--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.
NYSE · WFC
Wells Fargo & Company
Financial Services · Banks - Diversified
$87.05
Down-$2.67 (-2.98%)
Updated Sep 17, 2026, 10:22 AM
SID Score
7.4/10
Composite research score
Smart Money
60/100
Neutral
- Market cap
- 301.13B
- P/E ratio
- 13.98
- Dividend yield
- 1.95%
- 52-week range
- $72.78 – $97.76
- Volume
- 13.56M
- Avg. volume
- 14.63M
Price performance
WFC price history
1M range · 20 trading sessions · Daily adjusted prices
WFC closed at $87.05 after 20 trading sessions, up 1.29% for the selected period.
- Last close
- $87.05
- Period change
- +1.29%
- Period low
- $83.70
- Period high
- $90.29
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 16, 2026 | $89.72 | $89.72 | $86.095 | $87.05 | 13.56M |
| Sep 15, 2026 | $90.52 | $91.99 | $87.91 | $89.72 | 15.94M |
| Sep 14, 2026 | $90.165 | $90.48 | $87.3831 | $88.71 | 15.73M |
| Sep 11, 2026 | $90.74 | $91.16 | $89.755 | $90.29 | 12.93M |
| Sep 10, 2026 | $89.65 | $89.99 | $88.645 | $89.45 | 13.09M |
| Sep 9, 2026 | $87.56 | $89.94 | $87.2001 | $89.67 | 14.58M |
| Sep 8, 2026 | $89.635 | $89.73 | $87.96 | $87.96 | 9.75M |
| Sep 4, 2026 | $88.75 | $90.13 | $88.73 | $89.97 | 8M |
| Sep 3, 2026 | $89.80 | $90.34 | $88.68 | $89.19 | 13.21M |
| Sep 2, 2026 | $87.75 | $90.09 | $87.58 | $89.27 | 20.6M |
| Sep 1, 2026 | $86.44 | $87.94 | $86.01 | $87.04 | 19.32M |
| Aug 31, 2026 | $86.29 | $87.09 | $85.88 | $86.39 | 19.13M |
| Aug 28, 2026 | $85.41 | $86.72 | $85.20 | $86.69 | 12.02M |
| Aug 27, 2026 | $84.755 | $85.29 | $83.72 | $84.97 | 10.85M |
| Aug 26, 2026 | $84.99 | $85.585 | $84.10 | $85.23 | 9.9M |
| Aug 25, 2026 | $84.98 | $85.15 | $83.88 | $84.79 | 8.99M |
| Aug 24, 2026 | $84.215 | $85.68 | $84.02 | $84.72 | 7.95M |
| Aug 21, 2026 | $84.50 | $85.00 | $83.48 | $83.84 | 13.3M |
| Aug 20, 2026 | $85.62 | $85.67 | $83.62 | $83.70 | 13.73M |
| Aug 19, 2026 | $87.41 | $87.41 | $85.5845 | $85.94 | 10.69M |
Latest WFC news
The latest Smart Investors Daily articles mentioning WFC.
Stock researchCompany · Overview
WFC research
Overview
Company profile and research snapshot.
Company profile
Wells Fargo is one of the largest banks in the United States, with approximately $2.0 trillion in balance-sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the US market.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Buy
- Average target
- $92.13
- Implied upside
- —
- Analysts
- 18
| Date | Firm | Rating | Target |
|---|---|---|---|
| Jul 29, 2026 | JP Morgan | Neutral | — |
| Jul 15, 2026 | Baird | Neutral | — |
| Jul 15, 2026 | Keefe, Bruyette & Woods | Market Perform | — |
| Jul 8, 2026 | Raymond James | Market Perform | — |
| Jul 7, 2026 | B of A Securities | Buy | — |
News briefing
No generated briefing is available yet.
Yahoo · Sep 16, 2026
Wells Fargo Slips Nearly 1.8% Despite a Stronger Loan Outlook
Healthy borrowers support growth, but higher rates still test funding costs and consumer resilience.
Yahoo · Sep 16, 2026
Plug and Play Foundation Launches SMB Tech Connect With Wells Fargo Grant
Plug and Play Foundation (PNPF) has received a grant from Wells Fargo to launch SMB Tech Connect, an accelerator that will help 10 Bay Area small businesses identify where technology can improve their operations and then fund the implementation. Applications are now open.
Yahoo · Sep 16, 2026
Wells Fargo Highlights Stronger Growth Momentum at Barclays Conference
WFC sees stronger 2026 loan growth as resilient consumers, improving margins and business momentum support its broader growth strategy.
AI research layers
Interpretive context generated from the platform’s current data sources.
Wells Fargo & Company Stock Performance
Wells Fargo & Company shares traded at $87.05, reflecting a daily decline of approximately 0.58% per SID market data. Over the trailing one-month period, the stock gained 1.01%, while the three-month return registered a stronger 7.91% advance. However, on a one-year basis, WFC has declined 3.1%, underperforming the broader market. The stock currently trades just below its 50-day moving average of $87.19, while maintaining a premium of roughly 3.4% above its 200-day moving average of $84.15, according to Massive/Polygon technical indicators. The 14-day relative strength index stands at 67.8, approaching but not yet breaching the conventional overbought threshold of 70. Average daily trading volume registers at approximately 14.6 million shares. Wells Fargo carries a beta of 1.108, indicating modestly higher volatility relative to the broader market. The company's market capitalization stands at approximately $301.1 billion.
Wells Fargo & Company Valuation Analysis
Wells Fargo's current valuation metrics position the financial services giant within a moderate range relative to sector peers. The stock trades at a price-to-earnings ratio of approximately 13.98, which remains below the broader S&P 500 average, according to SID market data. However, the PEG ratio of 3.30 suggests that the current P/E multiple is elevated relative to the company's projected earnings growth rate, per SEC filings and consensus estimates. The price-to-book ratio stands at 1.63, indicating that the market values WFC at a premium above its book value. Wells Fargo offers a dividend yield of approximately 1.84%, providing a modest income component for shareholders. As a Financial Services sector constituent, these valuation multiples should be contextualized against banking industry norms, where lower P/E ratios and price-to-book valuations near or below 1.5 are historically common among large-cap peers.
Smart Money Activity for WFC
Wells Fargo's composite smart money score registers at 60 out of 100, reflecting a neutral overall signal per SID market data. The institutional component scores a perfect 25 out of 25, indicating exceptionally strong positioning by large fund managers as reported in 13F institutional filings. Insider activity also scores favorably at 22 out of 25, supported by five insider transactions recorded over the past 90 days, per SEC Form 4 filings. Notably, four of those five trades were purchases, with only one sale, suggesting a constructive outlook from company executives and directors with direct operational visibility. Dark pool activity scores a comparatively low 9.3 out of 25, indicating limited off-exchange institutional accumulation during the measured period. Congressional trading activity scored just 4.0 out of 25, reflecting minimal recent disclosed transactions by members of Congress. The divergence between strong institutional and insider scores versus weaker dark pool and congressional readings produces the composite neutral designation despite meaningful insider buying concentration.
Wells Fargo & Company Earnings Outlook
Wells Fargo delivered a notable earnings beat in its most recently reported quarter, posting actual earnings per share of $1.96 against a consensus analyst estimate of $1.71, representing a positive surprise of $0.25 or approximately 14.6%, according to company earnings reports. This outperformance underscores the company's ability to exceed market expectations amid the current banking environment. Looking ahead, analyst estimates project earnings per share of $1.84 for the upcoming quarter with results expected on October 13, 2026, per consensus data. The sequential decline in the estimate from the prior quarter's $1.96 actual result may reflect anticipated seasonal factors or normalization in revenue drivers. The magnitude of the recent earnings surprise could prompt upward revisions to forward estimates as analysts incorporate the stronger-than-expected results into their models. Investors will closely monitor whether management commentary supports sustained earnings momentum beyond the reported quarter.
Wall Street Analyst Ratings for WFC
Recent Wall Street analyst activity on Wells Fargo reflects a predominantly cautious consensus, according to SID consensus data. JP Morgan reiterated its Neutral rating on July 29, 2026, maintaining its stance following the company's earnings report. Both Baird and Keefe, Bruyette & Woods maintained their respective Neutral and Market Perform ratings on July 15, 2026, per Wall Street analyst reports. Raymond James similarly reiterated its Market Perform designation on July 8, 2026. The sole constructive outlier among recent coverage actions came from B of A Securities, which reaffirmed its Buy rating on July 7, 2026. Across these five most recent analyst actions, four maintained hold-equivalent positions while one reiterated a buy recommendation, with no upgrades or downgrades observed. The lack of rating changes despite the company's $0.25 earnings beat suggests analysts may view the outperformance as already reflected in the current share price of $87.05 or await further catalysts before adjusting their outlooks.
