WFC · WELLS FARGO & CO

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Wells Fargo & Company, a financial services company, provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. It operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The company's financial products and services includes checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services.

Close · 3M

+12.30%

Held by 3 AI ETFs

AIVL1.610%

as of Sep 3

PQUS1.190%

as of Sep 1

LQAI0.320%

as of Sep 2

Signal performance

Each tracked ETF's moves on this stock, grouped by fund. Returns are measured from the signal date to the latest close — hypothetical, no commissions or slippage.

Buy signals16

Win rate94% (15/16)

Avg buy return+3.48%

AIVLnow 1.610% of fund19 signals

AIVL · Accumulation · 6d

weight 1.512% → 1.625% (+0.112 pp)·stock up 1.0% in the 30 days before

Sep 2·entry $89.27·now $89.19Fresh

-0.09%

since Sep 2

AIVL · Accumulation · 6d

weight 1.511% → 1.567% (+0.056 pp)·stock down 0.1% in the 30 days before

Aug 31·entry $86.39·now $89.19Drifting

+3.24%

since Aug 31

AIVL · Accumulation · 5d

weight 1.542% → 1.559% (+0.017 pp)·stock up 1.5% in the 30 days before

Aug 28·entry $86.69·now $89.19Drifting

+2.88%

since Aug 28

AIVL · Weight increase · 3d

weight 1.511% → 1.529% (+0.018 pp)·stock down 2.8% in the 30 days before

Aug 25·entry $84.79·now $89.19Drifting

+5.19%

since Aug 25

AIVL · Weight increase · 2d

weight 1.511% → 1.528% (+0.016 pp)·stock down 1.8% in the 30 days before

Aug 24·entry $84.72·now $89.19Drifting

+5.28%

since Aug 24

AIVL · Weight decrease · 2d

weight 1.570% → 1.511% (-0.059 pp)·stock down 3.1% in the 30 days before

Aug 20·entry $83.70·now $89.19

+6.56%

since Aug 20

AIVL · Accumulation · 5d

weight 0.232% → 1.596% (+1.364 pp)·stock up 4.3% in the 30 days before

Aug 12·entry $88.93·now $89.19Fresh

+0.29%

since Aug 12

AIVL · Weight increase · 2d

weight 1.564% → 1.574% (+0.010 pp)·stock down 0.3% in the 30 days before

Aug 11·entry $87.45·now $89.19Fresh

+1.99%

since Aug 11

AIVL · Weight decrease · 2d

weight 1.592% → 1.564% (-0.028 pp)·stock up 0.4% in the 30 days before

Aug 7·entry $87.25·now $89.19

+2.22%

since Aug 7

AIVL · Weight increase · 2d

weight 0.232% → 1.592% (+1.360 pp)·stock up 2.8% in the 30 days before

Aug 3·entry $87.89·now $89.19Fresh

+1.48%

since Aug 3

AIVL · Sudden change · 1d

weight 0.232% → 1.580% (+1.348 pp)·stock up 0.6% in the 30 days before

Jul 31·entry $86.45·now $89.19

+3.17%

since Jul 31

AIVL · Weight decrease · 5d

weight 0.246% → 0.232% (-0.014 pp)·stock up 0.4% in the 30 days before

Jul 29·entry $83.87·now $89.19

+6.34%

since Jul 29

AIVL · Weight decrease · 4d

weight 0.246% → 0.238% (-0.009 pp)·stock up 3.6% in the 30 days before

Jul 28·entry $86.87·now $89.19

+2.67%

since Jul 28

AIVL · Weight decrease · 3d

weight 0.246% → 0.240% (-0.007 pp)·stock up 2.4% in the 30 days before

Jul 24·entry $86.31·now $89.19

+3.34%

since Jul 24

AIVL · Weight decrease · 2d

weight 0.246% → 0.241% (-0.005 pp)·stock up 2.4% in the 30 days before

Jul 23·entry $86.19·now $89.19

+3.48%

since Jul 23

AIVL · Weight decrease · 3d

stock up 6.6% in the 30 days before

Jun 30·entry $82.64·now $89.19

+7.93%

since Jun 30

AIVL · Weight decrease · 2d

stock up 10.2% in the 30 days before

Jun 26·entry $83.86·now $89.19

+6.36%

since Jun 26

AIVL · Accumulation · 5d

stock up 10.8% in the 30 days before

Jun 23·entry $84.13·now $89.19Drifting

+6.01%

since Jun 23

AIVL · Accumulation · 5d

stock up 15.8% in the 30 days before

Jun 16·entry $85.05·now $89.19Drifting

+4.87%

since Jun 16

PQUSnow 1.190% of fund9 signals

PQUS · Weight decrease · 2d

weight 1.200% → 1.160% (-0.040 pp)·stock down 2.7% in the 30 days before

Aug 22·entry $84.72·now $89.19

+5.28%

since Aug 22

PQUS · Weight decrease · 3d

weight 1.240% → 1.200% (-0.040 pp)·stock up 0.4% in the 30 days before

Aug 8·entry $87.52·now $89.19

+1.91%

since Aug 8

PQUS · Weight decrease · 2d

weight 1.240% → 1.210% (-0.030 pp)·stock up 0.4% in the 30 days before

Aug 7·entry $87.25·now $89.19

+2.22%

since Aug 7

PQUS · Weight increase · 2d

weight 1.260% → 1.280% (+0.020 pp)·stock up 7.3% in the 30 days before

Jul 9·entry $86.91·now $89.19Drifting

+2.62%

since Jul 9

PQUS · Weight decrease · 2d

stock up 7.6% in the 30 days before

Jul 2·entry $85.51·now $89.19

+4.30%

since Jul 2

PQUS · Weight increase · 4d

stock up 10.2% in the 30 days before

Jun 27·entry $83.51·now $89.19Drifting

+6.80%

since Jun 27

PQUS · Weight increase · 3d

stock up 10.2% in the 30 days before

Jun 26·entry $83.86·now $89.19Drifting

+6.36%

since Jun 26

PQUS · Weight increase · 2d

stock up 9.3% in the 30 days before

Jun 25·entry $84.74·now $89.19Drifting

+5.25%

since Jun 25

PQUS · Weight decrease · 2d

stock up 10.3% in the 30 days before

Jun 20·entry $83.84·now $89.19

+6.38%

since Jun 20

LQAInow 0.320% of fund2 signals

LQAI · Weight increase · 2d

weight 0.320% → 0.340% (+0.020 pp)·stock up 5.9% in the 30 days before

Jul 16·entry $88.07·now $89.19Fresh

+1.27%

since Jul 16

LQAI · Weight increase · 2d

stock up 6.8% in the 30 days before

Jul 7·entry $87.18·now $89.19Drifting

+2.31%

since Jul 7

Sell signals show what the stock did after the AI exited. A negative number means the AI's exit was well-timed.

Buffett-style framework

Fails the frameworkas of Aug 23

AI ETFs show mixed signals for Wells Fargo; while AIVL recently saw a substantial accumulation, both AIVL and PQUS have shown recent trends of decreasing their weight in the stock. This aligns with the 'Fail' verdict, suggesting a lack of strong conviction that the company meets the criteria for a high-quality, attractively priced investment according to the value investing framework.

Circle of CompetenceThe core banking model of a diversified financial institution, despite its cyclicality and regulatory sensitivity, offers sufficiently predictable unit economics for long-term cash flow projections.
Economic MoatWells Fargo benefits from strong brand recognition, high customer switching costs, significant regulatory barriers to entry, and a vast scale of operations as a leading diversified bank.
ManagementAssessing current management's candor and long-term capital allocation discipline requires more qualitative information than provided, especially given the company's well-documented past integrity issues and ongoing regulatory oversight.
Financial HealthThe reported current ROE of 12.55% falls short of the framework's 15% threshold for a 'wonderful business,' and it is likely the 10-year average would also not meet this criterion given recent historical challenges.
Margin of SafetyWithout a detailed discounted cash flow analysis or a deeper understanding of normalized owner earnings, it is not possible to determine if there is a defensible margin of safety at the current market price.

Wells Fargo operates within a predictable circle of competence and possesses durable economic moats, yet it fails the framework primarily due to its financial health, specifically its return on equity. While management is working to remediate past issues, a comprehensive assessment of their candor and capital allocation is difficult with the provided data. The absence of a clear margin of safety also contributes to the overall 'Fail' verdict within this value investing framework.

Educational interpretation generated by AI applying frameworks Warren Buffett documented in his shareholder letters and other public writings. Not a statement by Mr. Buffett or Berkshire Hathaway, and not investment advice.