Wells Fargo Stock Hits Day Low of $83.78 Amid Price Pressure

Wells Fargo & Co. experienced a notable decline today, with the stock dropping by 4.0% on February 23, 2026. The stock reached an intraday low of USD 83.78, reflecting a challenging day in the market for the major banking institution. In terms of performance metrics, Wells Fargo's one-day performance contrasts sharply with the S&P 500, which saw a modest gain of 0.69%. Over the past week, the stock has decreased by 2.1%, while the S&P 500 has increased by 1.07%. On a monthly basis, Wells Fargo's performance remains negative at -2.08%, compared to the S&P 500's 1.66% gain. Despite the recent downturn, Wells Fargo has shown resilience over the longer term, with a one-year performance of 9.87%, although this lags behind the S&P 500's 12.95% return. Year-to-date, the stock is down 8.64%, contrasting with the S&P 500's slight gain of 0.94%. Wells Fargo's market capitalization stands at USD 481.24 billion, and it maintains a price-to-earnings ratio of 19.00, indicating a fair valuation relative to its peers. The bank's return on equity is reported at 11.99%, further highlighting its financial standing within the major banking sector.