Go to ...

ModernGraham

Value Investing Research Since 2006

RSS Feed

Tuesday, January 16, 2018

Wells Fargo & Co Valuation – December 2015 Update $WFC



Warning: mysqli_real_escape_string(): Couldn't fetch mysqli in /home/wp_gdwhyw/moderngraham.com/wp-includes/wp-db.php on line 1109

Warning: mysqli_real_escape_string(): Couldn't fetch mysqli in /home/wp_gdwhyw/moderngraham.com/wp-includes/wp-db.php on line 1109

Warning: mysqli_free_result(): Couldn't fetch mysqli_result in /home/wp_gdwhyw/moderngraham.com/wp-includes/wp-db.php on line 1476

Warning: mysqli_more_results(): Couldn't fetch mysqli in /home/wp_gdwhyw/moderngraham.com/wp-includes/wp-db.php on line 1485

Warning: mysqli_query(): Couldn't fetch mysqli in /home/wp_gdwhyw/moderngraham.com/wp-includes/wp-db.php on line 1931

Warning: mysqli_errno(): Couldn't fetch mysqli in /home/wp_gdwhyw/moderngraham.com/wp-includes/wp-db.php on line 1827

Warning: mysqli_error(): Couldn't fetch mysqli in /home/wp_gdwhyw/moderngraham.com/wp-includes/wp-db.php on line 1854

Benjamin Graham taught that Intelligent Investors must do a thorough fundamental analysis of investment opportunities to determine their intrinsic value and inherent risk.  This is best done by utilizing a systematic approach to analysis that will provide investors with a sense of how a specific company compares to another company or by reviewing the 10 Most Undervalued Companies for the Defensive Investor – November 2015.  By using the ModernGraham method one can review a company’s historical accomplishments and determine an intrinsic value that can be compared across industries.  What follows is a stock analysis showing a specific look at how Wells Fargo & Co (WFC) fares in the ModernGraham valuation model.

Company Profile (obtained from Google Finance): Wells Fargo & Company is a financial services and bank holding company. The Company’s segments are Community Banking, Wholesale Banking, and Wealth and Brokerage and Retirement. The Company’s Community Banking segment offers a range of financial products and services for consumers and small businesses, including checking and savings accounts, credit and debit cards, and auto, student and small business lending. The Community Banking segment’s products include investment, insurance and trust services, and mortgage and home equity loans. The Community Banking segment’s products and business segments include middle market commercial banking, government and institutional banking, corporate banking and commercial real estate, among others. The Company’s Wholesale Banking segment provides a range of financial solutions to businesses across the United States and around the world. The Wealth and Brokerage and Retirement segment provides a range of financial advisory services.


To read the details of this valuation, you must be logged in as a premium member. If you are not a premium member, please consider becoming one.

Premium members can view a full ModernGraham valuation of the company and have access to download a PDF version of the valuation for easy reference. Here is a free sample valuation pdf, and here is a post detailing what can be found within each individual company’s valuation.


Useful Links:

ModernGraham tagged articles Morningstar
Google Finance MSN Money
Yahoo Finance Seeking Alpha
GuruFocus SEC Filings

Most Recent Balance Sheet Figures

Balance Sheet Information Sep15
Long-Term Debt $185,274,000,000
Total Assets $1,751,265,000,000
Intangible Assets $38,739,000,000
Total Liabilities $1,558,214,000,000
Shares Outstanding (Diluted Average) 5,193,800,000

Earnings Per Share History

Next Fiscal Year Estimate $4.08
Dec14 $4.10
Dec13 $3.89
Dec12 $3.36
Dec11 $2.82
Dec10 $2.21
Dec09 $1.75
Dec08 $0.70
Dec07 $2.38
Dec06 $2.47
Dec05 $2.25
Dec04 $2.05
Dec03 $1.83
Dec02 $1.58
Dec01 $0.99
Dec00 $1.16
Dec99 $1.15
Dec98 $0.59
Dec97 $0.74
Dec96 $0.68
Dec95 $0.68

Earnings Per Share – ModernGraham History

Next Fiscal Year Estimate $3.87
Dec14 $3.60
Dec13 $3.17
Dec12 $2.59
Dec11 $2.13
Dec10 $1.83
Dec09 $1.73
Dec08 $1.80
Dec07 $2.30
Dec06 $2.18
Dec05 $1.94
Dec04 $1.69
Dec03 $1.46
Dec02 $1.21
Dec01 $0.99
Dec00 $0.95
Dec99 $0.82

Recommended Reading:

Other ModernGraham posts about the company

The Best Companies of the Banking Industry – October 2015
10 Most Undervalued Companies for the Defensive Investor – September 2015
15 Best Stocks For Value Investors This Week – 9/4/15
Wells Fargo & Co. Analysis – September 2015 Update $WFC
10 Undervalued Companies for the Defensive Dividend Stock Investor – August 2015

Other ModernGraham posts about related companies

Citigroup Inc Valuation – December 2015 Update $C
People’s United Financial Corp Valuation – December 2015 Update $PBCT
M&T Bank Corp Valuation – December 2015 Update $MTB
KeyCorp Valuation – November 2015 Update $KEY
State Street Corp Valuation – November 2015 Update $STT
BB&T Corporation Valuation – November 2015 Update $BBT
PNC Financial Services Group Valuation – November 2015 Update $PNC
SunTrust Banks Inc. Valuation – November 2015 Update $STI
U.S. Bancorp Valuation – November 2015 Update $USB
Starwood Property Trust Inc. Valuation – October 2015 Update $STWD

Disclaimer:

The author did not hold a position in any company mentioned in this article at the time of publication and had no intention of changing that position within the next 72 hours.  See my current holdings here.  This article is not investment advice; any reader should speak to a registered investment adviser prior to making any investment decisions.  ModernGraham is not affiliated with the company in any manner.  Please be sure to review our detailed disclaimer.

Tags: , , , , ,

Leave a Reply

Your email address will not be published. Required fields are marked *

More Stories From Banks

About Benjamin Clark