Back to top
more

Wells Fargo & Company (WFC)

(Delayed Data from NYSE)

$56.72 USD

56.72
9,043,400

+0.02 (0.04%)

Updated Aug 26, 2024 04:00 PM ET

After-Market: $56.73 +0.01 (0.02%) 7:18 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 B 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 17% (42 out of 251)

Industry: Banks - Major Regional

Better trading starts here.

Zacks News

San Francisco-based – Wells Fargo & Company is one of the largest financial services company in the U.S. with $1.95 trillion in assets and more than $1.4 trillion in deposits. The company provides banking, insurance, trust and investments, mortgage banking, investment banking, retail banking, brokerage services and consumer and commercial finance through over 7,200 stores, 13,000 ATMs, the internet and other distribution channels across North America and globally. The company provides its services through three broad segments: Community Banking offers a complete line of diversified financial products and services to consumers and small businesses, including checking and savings accounts, credit and debit cards, and auto, student, and small business lending. Wholesale Banking provides financial solutions to businesses across the United States and globally with annual sales generally in excess of $5 million. Wealth and Investment Management provides a full range of personalized wealth management, investment and retirement products and services to clients across U.S. based businesses.

Subdued Market Volatility to Hurt Schwab's (SCHW) Q3 Earnings

Schwab's (SCHW) third-quarter 2023 trading performance is expected to have been weak because of lower volatility and subdued client activity.

High Rates to Aid JPMorgan (JPM) Q3 Earnings, IB to Hurt

High rates, the buyout of FRC and decent consumer loan demand are expected to have aided JPMorgan's (JPM) Q3 earnings amid rising funding costs, higher provisions and weak IB, mortgage banking and markets performances.

Citigroup (C) to Sell Its Consumer Wealth Business to HSBC

Citigroup (C) agrees to divest its China Consumer Wealth portfolio to HSBC Holdings and retain institutional businesses.

Markets Await PPI, CPI Reports

Markets Await PPI, CPI Reports

Mark Vickery headshot

Stocks Sell Off During Bank Holiday

There are no government economic data reports out today; in fact, we're a little quiet around here until mid-week.

Growth in AUM Likely to Support BlackRock's (BLK) Q3 Earnings

BlackRock (BLK) is expected to have witnessed AUM growth in the third quarter of 2023, supported by inflows.

Can Wells Fargo (WFC) Retain Its Beat Streak in Q3 Earnings?

High interest rates are likely to support Wells Fargo's (WFC) Q3 net interest income. However, high expenses, increasing reserves and declining mortgage banking revenues are concerning.

Why Investors Need to Take Advantage of These 2 Finance Stocks Now

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

Wells Fargo (WFC) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

Wells Fargo (WFC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Citigroup (C) Takes Early Steps in Its Reorganization Plan

Citigroup (C) is reviewing staff lists to decide who will remain in place, who will be reassigned and who will be laid off during its previously announced organizational restructuring plan.

Wells Fargo (WFC) Advances But Underperforms Market: Key Facts

In the latest trading session, Wells Fargo (WFC) closed at $38.97, marking a +0.78% move from the previous day.

Robinhood (HOOD) Expects to Incur $100M Regulatory Charges in Q3

Robinhood (HOOD) expects a $100-million charge to be incurred in the third quarter of 2023 for the resolution of some legal and regulatory matters.

Wells Fargo (WFC) Divests $2B Private Equity Fund Investments

Wells Fargo (WFC) divests around $2 billion of private equity investments in certain funds to a group of leading investors to reallocate resources in core businesses.

Morgan Stanley (MS), Others Win VIX Manipulation Suit Dismissal

Morgan Stanley (MS), DRW Securities and Barclays Capital, a division of Barclays, get the VIX index manipulation lawsuit against them and others dismissed.

Ally (ALLY) Streamlines Business, To Cut Less Than 5% Jobs

Ally Financial's (ALLY) workforce reduction will impact less than 5% of its total employees.

Will Wells Fargo (WFC) Beat Estimates Again in Its Next Earnings Report?

Wells Fargo (WFC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Investors Need to Take Advantage of These 2 Finance Stocks Now

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

Wells Fargo (WFC) Boosts Access, Adds Spanish-Language to Fargo

Wells Fargo (WFC) has introduced the Spanish-language feature in Fargo to provide access to a larger portion of its customer base.

Goldman (GS), Omers Partner for Private Credit in Asia Pacific

Goldman's (GS) asset management arm, Goldman Sachs Asset Management, is set to co-invest in private credit transactions in the Asia Pacific region with Ontario Municipal Employees Retirement System.

Citigroup (C) is Planning to Reduce its Workforce in Tampa

Citigroup (C) is likely to reduce its workforce in Tampa as part of the major strategic reform including efforts to revamp the company's corporate structure.

Wells Fargo (WFC) Outpaces Stock Market Gains: What You Should Know

In the latest trading session, Wells Fargo (WFC) closed at $40.86, marking a +0.52% move from the previous day.

Wells Fargo (WFC), Centerbridge Partners Form $5B Lending Fund

Wells Fargo (WFC) forms a direct lending fund, Overland Advisors, with private equity firm Centerbridge Partners to provide loans to non-sponsor middle-market companies.

Citigroup (C) Warns of Potential Layoffs in Its UK Business

As part of the previously announced reorganization efforts, Citigroup (C) alerts employees in the U.K. of probable job cuts.

Goldman (GS), Other Banks to Face Bond Collusion Claims

Goldman (GS) and other banks are likely to face class-action lawsuits for colluding to drive up interest rates paid on a popular municipal bond.

Wells Fargo (WFC) Stock Moves -0.81%: What You Should Know

Wells Fargo (WFC) closed the most recent trading day at $42.87, moving -0.81% from the previous trading session.