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Wells Fargo ( (WFC) ) has provided an announcement.
On Feb. 25, 2026, Wells Fargo announced it will fully redeem all 140,400 outstanding shares of its 3.90% Fixed Rate Reset Non-Cumulative Perpetual Class A Preferred Stock, Series BB, on March 15, 2026, with settlement shifting to March 16, 2026 due to a non-business day. The move will also redeem all 3,510,000 related depositary shares at $25,000 per preferred share and $1,000 per depositary share, leaving no Series BB instruments outstanding once the transaction is completed.
Because the redemption date coincides with a dividend payment date, regular quarterly dividends declared for Series BB preferred and depositary shares will be paid separately on March 16, 2026 to holders of record as of Feb. 27, 2026. Wells Fargo indicated that all regulatory requirements and covenants restricting redemption have been satisfied, underscoring continued active management of its capital structure and preference share base.
The most recent analyst rating on (WFC) stock is a Buy with a $94.00 price target. To see the full list of analyst forecasts on Wells Fargo stock, see the WFC Stock Forecast page.
Spark’s Take on WFC Stock
According to Spark, TipRanks’ AI Analyst, WFC is a Neutral.
The score is driven primarily by mixed fundamentals: improving profitability/capital metrics are offset by a sharp deterioration and volatility in cash flow. Earnings-call guidance and sentiment are supportive (higher 2026 NII and growth targets), while technical signals remain weak. Reasonable valuation and a modest dividend provide additional support.
To see Spark’s full report on WFC stock, click here.
More about Wells Fargo
Wells Fargo & Company is a leading U.S. financial services firm with about $2.1 trillion in assets, offering diversified banking, investment and mortgage products, along with consumer and commercial finance. It operates through four main segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management, and ranked No. 33 on Fortune’s 2025 list of America’s largest corporations.
Average Trading Volume: 14,811,292
Technical Sentiment Signal: Buy
Current Market Cap: $261.5B
For detailed information about WFC stock, go to TipRanks’ Stock Analysis page.