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With a market cap of $253.1 billion, Wells Fargo & Company (WFC) is one of the largest financial services firms in the United States. It provides a broad range of banking, investment, mortgage, and financial services through four core segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management.
The San Francisco, California-based company's shares have outperformed the broader market over the past 52 weeks. WFC stock has surged 46.6% over this time frame, while the broader S&P 500 Index ($SPX) has increased 14.5%. In addition, shares of Wells Fargo are up 11.2% on a YTD basis, compared to SPX’s 6.1% gain.