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Wells Fargo & Company (WFC)

(Real Time Quote from BATS)

$56.97 USD

56.97
3,202,474

+0.27 (0.48%)

Updated Aug 26, 2024 01:02 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.

PNC Financial (PNC) Announces a 3% Hike in Quarterly Dividend

PNC Financial (PNC) announces a quarterly dividend hike of 3% following the Fed's stress test results. Its solid balance sheet and earnings strength are set to support the capital distribution moves.

Swayta Shah headshot

5 S&P 500 Banks That Outperformed the Index in the First Half

Investors remain bullish on bank stocks in the first half of 2024, driven by rate cut expectations, decent lending and modest economic growth. So, banks - Citigroup (C), Wells Fargo (WFC), JPMorgan (JPM), Bank of America (BAC) and BNY Mellon (BK) - outperform the S&P 500 index.

Company News for Jul 1, 2024

Companies in The News Are: ELME, NKE, NFLX, WFC

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Top Stocks to Consider After Cooler PCE Data

On Friday, Core PCE, the Fed's preferred inflationary measure optimistically reflected a 0.1% uptick in May compared to a 0.3% increase in April.

Should Invesco Large Cap Value ETF (PWV) Be on Your Investing Radar?

Style Box ETF report for PWV

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

In the closing of the recent trading day, Wells Fargo (WFC) stood at $57.01, denoting a -0.33% change from the preceding trading day.

Should VanEck Morningstar Wide Moat ETF (MOAT) Be on Your Investing Radar?

Style Box ETF report for MOAT

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.

LendingTree (TREE) Arm's Client Data Auctioned Online by Hackers

LendingTree (TREE) announces that the client data of QuoteWizard has been hacked and sold on cybercriminal forums. TREE is investigating the matter to determine the theft's scope and implications.

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S&P 500 Firms Boost Stock Buybacks in Q1: ETF to Tap

Stock buybacks are back in vogue this year. Stock buybacks by S&P 500 companies increased 9.9% year over year and 8.1% sequentially in the first quarter of 2024.

Wells Fargo (WFC) Mulls to Discontinue Rent Credit Card

Wells Fargo's (WFC) co-branded rent credit card is reportedly weighing on financials. Hence, the bank is renegotiating the agreement with Bilt Technologies.

The Zacks Analyst Blog Highlights Goldman Sachs, Wells Fargo, Walmart, Crane and Ingersoll Rand

Goldman Sachs, Wells Fargo, Walmart, Crane and Ingersoll Rand are part of the Zacks top Analyst Blog.

Zacks.com featured highlights include Skechers, Chipotle Mexican Grill, Wells Fargo and Palomar

Skechers, Chipotle Mexican Grill, Wells Fargo and Palomar are part of the Zacks Screen of the Week article.

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

Wells Fargo (WFC) reachead $59.05 at the closing of the latest trading day, reflecting a +1.39% change compared to its last close.

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Oldies Are Golden: Buy These 5 Surging Old Economy Stocks

We have narrowed our search to five old economy stocks that have provided handsome returns year to date. These are: GS, WFC, IR, CR, WMT.

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4 Top Stocks Worth a Buy for Superb Earnings Growth

Invest in stocks such as Skechers (SKX), Chipotle Mexican Grill (CMG), Wells Fargo & Company (WFC) and Palomar Holdings (PLMR) for solid earnings growth.

These 2 Finance Stocks Could Beat Earnings: Why They Should Be on Your Radar

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

State Street (STT) Rides on Expansion Efforts Despite Cost Woes

Solid business servicing wins, expansion/consolidation efforts, high rates and global reach will likely keep aiding State Street's (STT) growth. Yet, rising costs and fee income concentration are woes.

Huntington (HBAN) Plunges 6.1% as 2024 NII Guidance Lowered

Huntington (HBAN) trims 2024 NII projection. The change in guidance is due to weaker loan growth and increased funding costs linked with strong deposit growth.

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

Wells Fargo (WFC) concluded the recent trading session at $57.93, signifying a -0.74% move from its prior day's close.

Wells Fargo (WFC) Sued Over $300M Ponzi Scheme Allegations

Wells Fargo (WFC) faces a class action lawsuit due to its alleged involvement in the $300 million Ponzi scheme from 2011 to 2021.

Wells Fargo (WFC) Unveils New Credit Card With Cashback Feature

Wells Fargo (WFC) introduces Attune World Elite Mastercard. With 4% unlimited cash rewards on all eligible purchases, the card is likely to stand out among peer offerings.

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Time to Buy Stock in These 2 Big Banks

Making their way onto the Zacks Rank #1 (Strong Buy) list now appears to be a good time to consider a pair of big bank stocks in Bank of America (BAC) and Wells Fargo (WFC).

Reasons to Add Wells Fargo (WFC) Stock to Your Portfolio Now

Wells Fargo (WFC) will likely gain from strong liquidity and balance sheet position. Also, cost-efficiency initiatives aid bottom-line growth.

The Zacks Analyst Blog Highlights Roche, Wells Fargo, General Aerospace and Key Tronic

Roche, Wells Fargo, General Aerospace and Key Tronic are part of the Zacks top Analyst Blog.