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WFC-P-L

WELLS FARGO & COMPANY/MN · Series L · Banks
Also quoted as: WFC-L, WFCprL, WFC.PRL, WFC-PL, WFCpL
$1174.51
last price

About this security

WFC-P-L is a 7.5% non-cumulative convertible perpetual preferred stock issued by WELLS FARGO & COMPANY/MN, a Banks issuer. $1000 liquidation preference, current yield 6.39%.

WELLS FARGO & COMPANY/MN: Wells Fargo & Company is a Delaware-incorporated financial holding company and one of the largest banks in the United States, ranking fourth by assets as of year-end 2025. Its principal subsidiary, Wells Fargo Bank, N.A., conducts the company's core banking operations — including lending, deposit-taking, and related financial services — and accounts for approximately 85% of consolidated assets. At December 31, 2025, the company held roughly $2.1 trillion in total assets, $986.2 billion in loans, and $1.4 trillion in deposits, reflecting its scale as a systemically significant institution. ↗

Issuer page — all WELLS FARGO & COMPANY/MN securities & profile →

Key Stats ✓ terms from SEC filing — verify via link below ✓ verified against SEC filing

live page · rendered 10:38:14 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current Yield
6.39%
Annual Dividend
$75.0000
Recent Market Price
$1174.51
as of 2026-06-18
Disc/Prem to Par (→ screen)
+17.45% (+$174.51)
Capital Appreciation to Par
n/a — converts to common
Recent Ex-Date
2026-05-29
Pay Frequency
quarterly
Cumulative
No
Original Coupon
7.500%
Call Date
—
Yield to Call
n/a — not callable
Yield to Worst
n/a — convertible preferred
Liq. Preference
$1000.00
Maturity
Perpetual
Redeemable
No
Convertible
Yes
Conversion Price
$156.71
Conversion Ratio
6.3814
Shares Offered (original)
341,000,000 +51,150,000 OA
Issued
2008-04-17
Series
L
Alt. Symbology
WFC-L, WFCprL, WFC.PRL, WFC-PL, WFCpL

vs. Banks category (76 issues): yield 6.39% vs avg 6.59% · discount +17.4% vs avg -13.3%

Quote

 WFC-P-L (preferred)WFC (common)
Last $1174.51 $83.73
Change — +1.33 (+1.61%)
Open$1176.06$82.93
High / Low $1178.85 / $1173.51 $84.10 / $82.62
Prev Close—$82.40
Volume5,72610,526,034
52-Week High / Low $1271.52 / $1140.00 $97.76 / $71.93

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

● WFC-P-L ● WFC (common)

Dividend History

Ex-DateAmount / Share
2026-05-29$18.750000
2026-02-27$18.750000
2025-11-28$18.750000
2025-08-29$18.750000
2025-05-30$18.750000
2025-02-28$18.750000
2024-11-29$18.750000
2024-08-30$18.750000
2024-05-31$18.750000
2024-02-28$18.750000
2023-11-29$18.750000
2023-08-30$18.750000

Performance — $10K Calculator

See what an investment in WFC-P-L would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

🔔 Get dividend & filing alerts for WFC-P-L →

Prospectus (SEC 424B5)

Full Prospectus (SEC filing) →

Other Securities from WELLS FARGO & COMPANY/MN

SymbolTypeCouponPriceYield
WFC-P-A preferred 4.700% 18.52 6.34%
WFC-P-C preferred 4.375% 17.31 6.32%
WFC-P-D preferred 4.250% 16.87 6.30%
WFC-P-Y preferred 5.625% 23.07 6.10%
WFC-P-Z preferred 4.750% 18.70 6.35%

News — WELLS FARGO & COMPANY/MN

Issuer news via Tiingo, tagged to WFC.

Related Articles

About this site

This site tracks preferred stocks and baby bonds — investments that pay regular, scheduled dividends. Every figure shown is drawn from companies' SEC filings and live market quotes.

What you're looking at
A preferred stock sits between a common stock and a bond. It usually trades near a $25 face value and pays a fixed dividend on a set schedule. Baby bonds are similar, but they are debt that matures on a stated date.
Income & dividends
Current YieldAnnual income ÷ today's price — what you'd actually earn buying now. The headline income number.
Annual Dividend / InterestTotal cash paid per share each year. A preferred pays a "dividend"; a baby bond pays "interest."
Original CouponThe annual rate set when it was issued, as a % of par (6% of $25 = $1.50/yr). Fixed stays put; floating/reset rates change later.
Pay FrequencyHow often it pays — usually quarterly, sometimes monthly or twice a year.
Recent Ex-DateOwn it before this date to receive the next payment; buy on or after and you miss that one.
Price & value
Recent Market PriceThe latest market quote, delayed at least 20 minutes.
Liquidation Preference (Par)Face value — almost always $25 (some are $50, $100, or $1,000). What you're owed if the company winds down, and the price it can be redeemed at.
Disc / Prem to ParHow far the price sits below par (a discount) or above it (a premium). A discount can add return if it's redeemed at par; a premium is what you'd lose if it is.
Call & redemption
Call DateThe first date the issuer may redeem (buy back) the share at par. Before it you're protected; after it, it can be called at any time.
RedeemableWhether the issuer has the right to buy it back at all.
Yield to CallYour annual return if bought today and redeemed at par on the call date. If it's below the current yield, a call would cost you.
Yield to WorstThe lowest of the possible outcomes (to call, to maturity, or simply held) — the cautious yield to judge by.
Dividend terms & structure
CumulativeIf a payment is skipped, a cumulative issue still owes it (and must catch up before any common dividend); a non-cumulative one does not.
Interest DeferrableOn some baby bonds the issuer may postpone interest for a period — common on junior subordinated notes.
Floating / Reset RateThe rate isn't fixed forever — after a set date it resets to a benchmark (e.g. 3-month SOFR or the 5-year Treasury) plus a spread.
MaturityFor a baby bond, the date the principal is repaid. Most preferreds are perpetual — no maturity.
ConvertibleWhether it can turn into the company's common stock. "Change-of-control conversion" means that right applies only if the company is taken over.
Conversion Price / RatioFor convertibles, the price or number of common shares each unit converts into.
SeriesThe class label from the SEC filing (e.g. Series A). Note: it can differ from the ticker letter.
IssuedThe date the security first settled — when it came to market.
Shares OfferedHow many shares (or depositary shares) were sold in the original offering.
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