Wells Fargo (WFC - Get Report) saw its shares decline by 3.5% Wednesday, closing at $32.91. The shares have now returned 22% year-to-date, following a 10% decline during 2011.
The shares trade for 1.5 times tangible book value, and for nine times the consensus 2013 EPS estimate of $3.63.
Wells Fargo's earnings have been the strongest and most consistent among the big four, with operating ROA improving from 1.27% to 1.46% over the past five quarters, according to Thomson Reuters.
Based on a quarterly payout of 22 cents, Wells Fargo's shares have a dividend yield of 2.67%.
O'Connor expects Wells Fargo to return a total of $11.165 billion in capital to investors during 2013, with dividends of $6.297 billion increasing from $4.707 in 2012, and $4.868 million in share buybacks, increasing from $3.481 billion. The analyst expects Wells Fargo's common shares to have a dividend yield of 3.6%.
Interested in more on Wells Fargo? See TheStreet Ratings' report card for this stock.
Written by Philip van Doorn in Jupiter, Fla.