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Wells Fargo & Company (WFC)

(Delayed Data from NYSE)

$54.98 USD

-0.32 (-0.58%)

Updated Oct 3, 2024 04:00 PM ET

After-Market: $54.98 0.00 (0.00%) 6:22 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
1	Strong Buy	23.68%
2	Buy	17.55%
3	Hold	9.21%
4	Sell	4.93%
5	Strong Sell	2.36%
S&P	500	10.96%

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Zacks Rank Home - Zacks Rank resources in one place

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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.

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

D Value F Growth F Momentum F VGM

Industry Rank:

Top 36% (91 out of 252)

Industry: Banks - Major Regional

View All Zacks #1 Ranked Stocks

Better trading starts here.

Zacks News

Stock Market News for Apr 18, 2023

by Zacks Equity Research Published on April 18,2023

U.S. stocks closed higher on Monday, helped by financial and industrial stocks as investors geared up for a heavy week of earnings and comments from Fed officials that could give them a clearer picture of how long the central bank will continue to hike interest rates.

BofA's (BAC) Q1 Earnings Top Estimates on Solid Trading & NII

by Zacks Equity Research Published on April 18,2023

Higher rates, decent loan demand, a rise in card income and robust trading business support BofA's (BAC) Q1 earnings. Weak IB performance, higher provisions and an increase in expenses hurt.

Zacks Investment Ideas feature highlights: JPMorgan, Wells Fargo, Citigroup, Netflix and Tesla

by Zacks Equity Research Published on April 18,2023

JPMorgan, Wells Fargo, Citigroup, Netflix and Tesla are part of the Zacks Investment Idea article.

BNY Mellon (BK) Q1 Earnings Beat Estimates on Higher Revenues

by Zacks Equity Research Published on April 18,2023

BNY Mellon (BK) records a rise in revenues and higher expenses in the first quarter of 2023.

Q1 Earnings: Tesla, Netflix On Deck

by Derek Lewis Published on April 17,2023

Earnings season kicked off last week, with several big banks such as JPMorgan, Wells Fargo, and Citigroup getting the party started. And this week, the party continues with several market favorites, including Netflix and Tesla.

Will Any Banks Show Signs of Stress? Global Week Ahead

by John Blank Published on April 17,2023

In terms of macro data, the first snapshot of business activity in April (the PMIs) could provide a sense of how much pain the turmoil in the banking sector has inflicted on the world economy.

Stock Market News for Apr 17, 2023

by Zacks Equity Research Published on April 17,2023

U.S. stocks ended lower on Friday as investors assessed a batch of mixed economic data and hawkish comments from a Fed official that hinted at another interest rate hike, dampening spirits at the start of the first-quarter earnings season.

M&T Bank (MTB) Q1 Earnings Top Estimates on Higher Revenues

by Zacks Equity Research Published on April 17,2023

Increased revenues, a solid loan and deposit balance, and higher rates support M&T Bank's (MTB) Q1 earnings, while higher provisions and expenses pose as undermining factors.

State Street (STT) Dips as Q1 Earnings Miss on Higher Costs

by Zacks Equity Research Published on April 17,2023

State Street (STT) records a marginal rise in revenues in the first quarter of 2023.

JPMorgan, Citigroup and even Wells Fargo are part of Zacks Earnings Preview

by Zacks Equity Research Published on April 17,2023

JPMorgan, Citigroup and Wells Fargo are highlights of Zacks Earnings Preview article.

finance

Analyzing Q1 Bank Earnings: Good or Bad?

by Sheraz Mian Published on April 14,2023

There was plenty to like in these quarterly results, with higher interest rates helping these big players expand their margins while demand for loans remained strong, helping loan portfolios grow.

Wells Fargo (WFC) Q1 Earnings Beat Estimates on NII, Costs Dip

by Zacks Equity Research Published on April 14,2023

Higher interest rates and a decent trading performance aid Wells Fargo's (WFC) Q1 earnings amid gloomy mortgage banking prospects.

banking

Compared to Estimates, Wells Fargo (WFC) Q1 Earnings: A Look at Key Metrics

by Zacks Equity Research Published on April 14,2023

While the top- and bottom-line numbers for Wells Fargo (WFC) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

WFCNegative Net Change

Wells Fargo (WFC) Tops Q1 Earnings and Revenue Estimates

by Zacks Equity Research Published on April 14,2023

Wells Fargo (WFC) delivered earnings and revenue surprises of 6.96% and 3.24%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Markets Rally on Cooler Economic Data; More Results on Deck

by Mark Vickery Published on April 13,2023

Weaker economic prints are beginning to reveal an alternative narrative: perhaps the Fed has done enough already.

5 Must-See Bank Earnings Charts

by Tracey Ryniec Published on April 13,2023

Think bank earnings are boring? Not this quarter. Here's what to watch for.

NII to Aid Wells Fargo's (WFC) Q1 Earnings, Fee Income to Hurt

by Zacks Equity Research Published on April 13,2023

Higher interest rates are likely to have supported Wells Fargo's (WFC) Q1 earnings amid weakness in the IB and mortgage businesses, and deteriorating credit quality.

banking

Soft Loan Demand, Fee Income to Hurt Truist's (TFC) Q1 Earnings

by Zacks Equity Research Published on April 13,2023

Weak C&I loan demand, deposit runs, higher mortgage rates and rising provisions are likely to have hurt Truist's (TFC) Q1 earnings.

Higher Rates & Trading to Aid Citi's (C) Q1 Earnings, IB to Hurt

by Zacks Equity Research Published on April 12,2023

Higher rates are expected to have driven Citigroup's (C) Q1 NII and robust client activities are likely to have supported fee income. Yet, low deal volume is anticipated to have limited IB revenues.