Wells Fargo (WFC)
NYSEFinancialsBanks - DiversifiedSnapshot 2026-11-05
$84.80-3.01%
Close 2026-11-05 · 1-day change
NYSEFinancialsBanks - DiversifiedSnapshot 2026-11-05
QuarterlyIQ Insights · WFC
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -2.4% |
| Our one-year growth estimate | diamond | 0.8% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-05.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 3.1 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-05 · Compared with 7 industry peers · Company calendar date is not available
WFC — COO transition
Dated 2026-09-23
Chief Risk Officer — Scott E. Powell: The filing announces an internal role change where Scott E. Powell moves from Chief Operating Officer to Chief Risk Officer, which is a succession/promotion event rather than a departure.
Why it matters: Charge-offs rose from a year ago in Q3. A further rise would add to credit-loss pressure.
Worry ifQ4 net loan charge-offs exceed $983 million, the Q3 2026 level.
Less concerning ifQ4 net loan charge-offs fall below $983 million.
Why it matters: CET1 fell to 10.0% in Q3 from 10.3% in Q2. Another drop would show less capital room.
Worry ifThe next reported CET1 ratio is below 10.0%.
Less concerning ifThe next reported CET1 ratio is 10.0% or higher.
Why it matters: Commercial charge-offs rose from 0.10% in Q2 to 0.18% in Q3. A further rise would point to more credit stress.
Worry ifQ4 commercial net loan charge-offs top 0.18% of average commercial loans, at an annual rate.
Less concerning ifQ4 commercial net loan charge-offs are at or below 0.18%.
Why it matters: Q3 expenses fell 1% year over year, even as revenue-related costs rose. A total expense rise would test cost control.
Worry ifQ4 noninterest expense exceeds $13.846 billion, its Q4 2025 level.
Less concerning ifQ4 noninterest expense is at or below $13.846 billion.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$94 on $10,000 · ±0.9% | How much price usually moves either way. |
| Bad day | $283 loss on $10,000 · 2.8% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $2,347 loss on $10,000 · 23.5% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.