◆ Preferred Stock Research

ⓘ Guide

WFC-P-L

WELLS FARGO & COMPANY/MN · Series L · Banks
Also quoted as: WFC-L, WFCprL, WFC.PRL, WFC-PL, WFCpL
$1167.00
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 6.43%.

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 424B5 — verify via link below consistency checks passed — not source-verified

Current Yield
6.43%
Annual Dividend
$75.0000
Recent Market Price
$1167.00
as of 2026-06-15
Disc/Prem to Par (→ screen)
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
6.43%
Liq. Preference
$1000.00
Maturity
Perpetual
Redeemable
No
Convertible
Yes
Shares Offered (original)
341,000,000 +51,150,000 OA
Issued
2009-05-06
Series
L
Alt. Symbology
WFC-L, WFCprL, WFC.PRL, WFC-PL, WFCpL

vs. Banks category (72 issues): yield 6.43% vs avg 6.70% · discount +16.7% vs avg -14.9%

Quote

 WFC-P-L (preferred)WFC (common)
Last $1167.00 $83.73
Change +1.33 (+1.61%)
Open$1161.39$82.93
High / Low $1167.42 / $1160.00 $84.10 / $82.62
Prev Close$82.40
Volume10,03710,526,034
52-Week High / Low $1271.52 / $1133.00 $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 →

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Prospectus (SEC 424B5)

Full Prospectus (SEC filing) →

Other Securities from WELLS FARGO & COMPANY/MN

SymbolTypeCouponPriceYield
WFC-P-A preferred 4.700% 18.51 6.35%
WFC-P-C preferred 4.375% 17.25 6.34%
WFC-P-D preferred 4.250% 16.72 6.35%
WFC-P-Y preferred 23.28 6.04%
WFC-P-Z preferred 4.750% 18.69 6.35%

News — WELLS FARGO & COMPANY/MN

Issuer news via Tiingo, tagged to WFC.

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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.
Key terms
YieldAnnual income as a % of the price. Higher means more income — but check why a yield is unusually high.
ParThe face value, almost always $25 — the price the company can redeem the share at.
Discount / PremiumWhether the share trades below par (a discount) or above it (a premium).
Call dateThe first date the company is allowed to buy the share back from you at par.
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