Wells Fargo & Co. is a financial services company. It provides a diversified set of banking, investment and mortgage products and services, and consumer and commercial finance, through banking locations and offices, the Internet (www.wellsfargo.com) and other distribution channels to individuals, businesses and institutions in all 50 states, the District of Columbia and in countries outside the U.S.. Its segments include Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking, and Wealth and Investment Management. We show 58 historical shares outstanding datapoints in our WFC shares outstanding history coverage, used to compute WFC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WFC market cap history over the course of time is important for investors
interested in comparing WFC's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of WFC versus a peer is one thing; comparing
WFC market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like WFC can fluctuate over the course of history.
With this page we aim to empower investors researching WFC by allowing them to research the WFC market cap history. |
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Video: The Importance of Market Cap
