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Wells Fargo & Company (WFC)

(Delayed Data from NYSE)

$56.72 USD

56.72
9,477,949

+0.02 (0.04%)

Updated Aug 26, 2024 04:00 PM ET

After-Market: $56.73 +0.01 (0.02%) 7:58 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%

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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.

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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%.

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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.

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FDIC-Insured Banks' Q1 Earnings Up on Higher NII, Two Banks Fail

Higher rates, decent loan demand and efforts to bolster fee income support FDIC-Insured banks' like JPM, BAC, C & WFC financials.

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.

Wells Fargo (WFC) Rides on Deposit Growth Amid Lower Revenues

Strong deposit growth and cost-saving initiatives are likely to keep supporting Wells Fargo (WFC). However, a decline in revenues and a fall in loan balance are major headwinds.

Wells Fargo (WFC) Stock Moves -0.61%: What You Should Know

In the latest trading session, Wells Fargo (WFC) closed at $40.98, marking a -0.61% move from the previous day.

Bank of America (BAC) May Face Benefit Card Fraud Lawsuit

Per the U.S. District Judge Larry Alan Burns, cardholders must file a lawsuit against Bank of America (BAC) for its violation of state law by issuing cards, without standard security measures, to millions of people in California in 2020.

Citizens Financial (CFG) Faces $9M Fine for Credit Card Disputes

Citizens Financial (CFG) will pay a penalty of $9 million to resolve mismanaged credit card disputes and fraud claims. It may result in increased legal expenses. These, coupled with rising costs, are likely to hinder growth.

JPMorgan (JPM) Ups '23 NII View on FRC Deal, Raises Tech Spend

At the Investor Day conference, JPMorgan (JPM) provides more details about FRC deal synergies, expense outlook (with focus on tech spending) and the potential recession.

Bank of America (BAC) Falls 14.1% YTD: Will it Rebound Soon?

Bank of America (BAC) has lost 14.1% so far this year. Strong fundamentals, growth prospects and efforts to expand in new markets will aid financials.

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

Zacks.com users have recently been watching Wells Fargo (WFC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

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13F Season: Buffett, Burry, & Druckenmiller

Get the latest news on this quarter's 13F disclosures from Wa

Wells Fargo (WFC) to Pay $1B for Shareholders' Class-Action Suit

Wells Fargo (WFC) agreed to pay $1 billion related to a shareholder lawsuit accusing it of overstating progress on resolving its 2016 fake account scandal.

Units of HSBC Agree to Pay $75 Million to Settle CFTC's Charges

The CFTC has charged units of HSBC for manipulative and deceptive trading, and record-keeping failures.

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FDIC Asks Big US Banks to Pay for SVB, Signature Bank Collapse

FDIC's new proposal requires banks like JPM, BAC and WFC, which have more than $5 billion in assets, to pay for the collapse of Silicon Valley Bank and Signature Bank.

How to Maximize Your Retirement Portfolio with These Top-Ranked Dividend Stocks

The traditional retirement planning approaches no longer cover all expenses in nest egg years. So what can retirees do? Thankfully, there are alternative investments that provide steady, higher-rate income streams to replace dwindling bond yields.

Stock Market News for May 9, 2023

U.S. stocks closed mostly unchanged on Monday as investors shifted focus to key inflation readings, including the consumer price index report for April, scheduled for release later this week, and monitored the volatile trading in shares of regional banks.

Stock Market News for May 5, 2023

Wall Street closed sharply lower on Thursday as the regional banking crisis deepened.

Here is What to Know Beyond Why Wells Fargo & Company (WFC) is a Trending Stock

Zacks.com users have recently been watching Wells Fargo (WFC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

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Should You Stay Away from Bank ETFs Following Buffett?

Warren Buffett has divested from multiple banks after identifying concerning issues in their financial practices.

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Invest in Big Banks & Mega-Cap Tech with ETFs

These new ETFs offer concentrated exposure to banking & tech giants.

Ally Financial (ALLY) Gains 2.2% Despite Q1 Earnings Miss

Ally Financial (ALLY) reports a decline in revenues in the first quarter of 2023. Higher expenses also hurt the results to an extent.

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Time for Big Bank ETFs on Upbeat Earnings?

U.S. banking earnings have probably not been so awaited since the 2008 financial crisis. To the sweet surprises of investors, most big bank earnings have come up with upbeat 1Q 2023 results.

Hancock Whitney (HWC) Q1 Earnings Meet, Revenues Rise Y/Y

Hancock Whitney (HWC) records a rise in revenues and higher expenses in the first quarter of 2023.

The Zacks Analyst Blog Highlights Pfizer, Accenture, Wells Fargo, Starbucks and Chubb

Pfizer, Accenture, Wells Fargo, Starbucks and Chubb are part of the Zacks top Analyst Blog.

Morgan Stanley (MS) Q1 Earnings Beat on Higher NII, Stock Down

Higher interest rates and decent loan growth support Morgan Stanley's (MS) Q1 earnings amid muted performance of trading and IB businesses.

U.S. Bancorp (USB) Q1 Earnings Beat on Higher NII, Expenses Up

A raised average loan balance, higher interest rates and the MUFG Union Bank buyout support U.S. Bancorp's (USB) Q1 earnings. Lower fee income, and increased expenses and provisions are headwinds.