Back to top
more

Wells Fargo & Company (WFC)

(Delayed Data from NYSE)

$55.30 USD

55.30
9,004,458

-0.09 (-0.16%)

Updated Oct 2, 2024 04:00 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

D Value F Growth F Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 36% (91 out of 252)

Industry: Banks - Major Regional

Better trading starts here.

Zacks News

Truist Financial (TFC) to Close 4% of its Branches by March

Truist Financial (TFC) intends to shut down 4% of its branch network by March as part of its effort to cut costs and sustain profitability.

The Zacks Analyst Blog Highlights JPMorgan Chase, Wells Fargo and Bank of New York Mellon

JPMorgan Chase, Wells Fargo and Bank of New York Mellon are part of the Zacks top Analyst Blog.

Wells Fargo (WFC) Declines More Than Market: Some Information for Investors

Wells Fargo (WFC) reachead $49.22 at the closing of the latest trading day, reflecting a -0.53% change compared to its last close.

Devyani Chamria headshot

3 Best Performing S&P 500 Bank Stocks of 2023

Despite high interest rates and regional bank fallouts that hurt investor sentiments, JPMorgan Chase (JPM), Wells Fargo (WFC) and BNY Mellon (BK) have emerged as top S&P 500 performers in the banking space.

HSBC, BNP Paribas (BNPQY) May Face Fines for Naked Short Selling

South Korea's financial watchdog recommends imposing a fine on HSBC and BNP Paribas (BNPQY) for naked short selling.

Wells Fargo (WFC) Laps the Stock Market: Here's Why

Wells Fargo (WFC) reachead $50.09 at the closing of the latest trading day, reflecting a +0.87% change compared to its last close.

Strength Seen in Wells Fargo (WFC): Can Its 5.8% Jump Turn into More Strength?

Wells Fargo (WFC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Stock Market News for Dec 14, 2023

U.S. stock ended higher on Wednesday, with the Dow closing at a record high for the first time in nearly two years as the Federal Reserve kept interest rates unchanged and hinted at rate cuts in 2024.

State Street (STT) to Cut Jobs, Incur Repositioning Charge in Q4

As part of its multiyear business streamlining initiative, State Street (STT) is cutting around 1,500 jobs. Hence, the company is expected to incur $175-$200 million as repositioning charge in Q4.

Wells Fargo (WFC) Stock Declines While Market Improves: Some Information for Investors

Wells Fargo (WFC) closed at $46 in the latest trading session, marking a -0.22% move from the prior day.

Wells Fargo (WFC) Keeps $750M-$1B of Severance Cost in Q4 2023

Wells Fargo (WFC) puts aside $750 million to less than $1 billion for severance expenses in the fourth quarter of 2023.

Wells Fargo & Company (WFC) Is a Trending Stock: Facts to Know Before Betting on It

Recently, Zacks.com users have been paying close attention to Wells Fargo (WFC). This makes it worthwhile to examine what the stock has in store.

Why the Market Dipped But Wells Fargo (WFC) Gained Today

Wells Fargo (WFC) reachead $45.12 at the closing of the latest trading day, reflecting a +0.22% change compared to its last close.

Wells Fargo (WFC) Aided by Cost Control, Hurt by Lower Revenues

Wells Fargo's (WFC) cost-saving measures, like branch closures and headcount reduction, will help offset falling revenue trends due to volatile fee income and NII decline.

Is Wells Fargo (WFC) a Buy as Wall Street Analysts Look Optimistic?

According to the average brokerage recommendation (ABR), one should invest in Wells Fargo (WFC). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?

Swayta Shah headshot

FDIC-Insured Banks' Q3 Earnings Down on Higher Provisions

While FDIC-Insured banks' (like JPM, BAC, C & WFC) Q3 earnings get support from higher rates and decent loan demand, rising funding costs, weak asset quality, a fall in non-interest income and lower deposit balance act as major spoilsports.

The Zacks Analyst Blog Highlights Microsoft, Broadcom, Wells Fargo, Arista Networks and Aflac

Microsoft, Broadcom, Wells Fargo, Arista Networks and Aflac are included in this Analyst Blog.

Sheraz Mian headshot

Top Research Reports for Microsoft, Broadcom & Wells Fargo

Today's Research Daily features new research reports on 16 major stocks, including Microsoft Corporation (MSFT), Broadcom Inc. (AVGO) and Wells Fargo & Company (WFC).

Wells Fargo (WFC) Gains As Market Dips: What You Should Know

The latest trading day saw Wells Fargo (WFC) settling at $43.02, representing a +0.23% change from its previous close.

Investors Heavily Search Wells Fargo & Company (WFC): Here is What You Need to Know

Recently, Zacks.com users have been paying close attention to Wells Fargo (WFC). This makes it worthwhile to examine what the stock has in store.

Pacific Premier's (PPBI) Securities Repositioning to Drive NII

Pacific Premier (PPBI) repositions its investment securities portfolio by selling $1.27 billion of AFS securities to reinvest proceeds in higher-yielding earning assets.

Huntington's (HBAN) Balance Sheet Strength Aids Amid Cost Woes

Huntington's (HBAN) solid loan and deposit growth trends, along with NII growth, will support financials. Yet, high expenses and a lack of diversification in the loan portfolio are woes.

Citigroup (C) Initiates Layoffs Amid Organizational Overhaul

Citigroup (C) initiates layoffs of various senior manager roles as part of significant changes in its organizational structure.

Wells Fargo (WFC) Stock Falls Amid Market Uptick: What Investors Need to Know

Wells Fargo (WFC) closed the most recent trading day at $42.79, moving -0.4% from the previous trading session.

Citigroup (C) to Announce First Round of Layoffs on Monday

Citigroup (C) is planning to provide details regarding its first round of layoffs on Monday under its previously announced organizational restructuring plan.