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Wells Fargo & Company (WFC)

(Real Time Quote from BATS)

$57.12 USD

57.12
9,139,066

+0.86 (1.53%)

Updated Aug 28, 2024 03:55 PM ET

After-Market: $57.06 -0.06 (-0.11%) 4:16 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 A 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 8% (20 out of 251)

Industry: Banks - Major Regional

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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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Q2 Earnings Reports Confirm Economic Boom Ahead

We are off to a great start in the Q2 earnings season, with 2021 Q2 earnings projected to climb 14.5% above the comparable pre-Covid 2019 period...

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Bank Stock Roundup: JPM, WFC, BAC, C, TFC & PNC in Focus as Q2 Earnings Start

Q2 earnings begin on a positive note with major banks like JPMorgan (JPM), BofA (BAC), Citi (C), Wells Fargo (WFC), PNC Financial (PNC) & Truist (TFC) outpacing estimates, mainly driven by reserve releases and decent fee income performance.

Company News for Jul 15, 2021

Companies In The News Are: WFC, AAPL, MSFT, CMP

Wells Fargo (WFC) Q2 Earnings and Revenues Beat Estimates

Wells Fargo (WFC) delivered earnings and revenue surprises of 45.26% and 14.02%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Wells Fargo (WFC) Q2 Earnings Beat on Fee Income Growth

Wells Fargo's (WFC) Q2 earnings benefit from solid non-interest income and improved asset quality, despite a low-rate economy which hurt the NII.

PPI for June Came in Higher-than-Expected

PPI for June Came in Higher-than-Expected

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PPI +1.0%; Powell Still Defies Inflation

The Producer Price Index (PPI), like yesterday's CPI, is also running hotter than anticipated: +1.0% versus the +0.6% estimate.

JPMorgan (JPM) Q2 Earnings Beat on Reserve Release, IB Fees

Robust IB performance, slight rise in demand for loans and big credit release aid JPMorgan's (JPM) Q2 earnings amid lower interest rates, and dismal trading and mortgage banking performance.

Decent Investment Banking to Support BofA (BAC) Q2 Earnings

Amid lower rates, weak lending scenario and dismal trading activities, decent investment banking performance might have supported BofA's (BAC) Q2 earnings to some extent.

Markets Await Earnings and Economic Data

Markets Await Earnings and Economic Data

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Big Week Ahead for Q2 Earnings, Economic Data

Q2 earnings season unofficially begins this week, with reports anticipated from some of the biggest companies on Wall Street.

Higher Fee Income to Aid First Republic's (FRC) Q2 Earnings

First Republic's (FRC) Q2 earnings are likely to have got support from higher non-interest income, offset by a low interest rate environment and muted loan growth.

Fee Income Growth to Aid Wells Fargo's (WFC) Q2 Earnings

While growth in non-interest income is likely to have supported Wells Fargo's (WFC) Q2 earnings, muted loan growth is expected to have hindered interest income.

Will Subdued Trading Volumes Mar Goldman's (GS) Q2 Earnings?

While market normalization is likely to moderate trading revenue growth for Goldman (GS), strength in deal-making and equity underwriting activities is expected to have buoyed Q2 advisory fees.

Is a Surprise Coming for Wells Fargo (WFC) This Earnings Season?

Wells Fargo (WFC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Weekly Jobless Claims Higher-Than-Expected

Weekly Jobless Claims Higher-Than-Expected.

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How to Make Sense of a Tumbling 10-Year?

The 10-year yield, off its lows but still lower than we've seen since February, might require a bit more explanation.

Toronto-Dominion Bank (TD) Closes Headlands Tech Acquisition

In a bid to offer innovative technology as well as to enhance and expand its suite of products and services, Toronto-Dominion Bank (TD) closes the previously announced buyout of Headlands Tech Global.

JPMorgan, Costco, Levi Strauss, Wells Fargo and Goldman Sachs are part of Zacks Earnings Preview

JPMorgan, Costco, Levi Strauss, Wells Fargo and Goldman Sachs are part of Zacks Earnings Preview

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

In the latest trading session, Wells Fargo (WFC) closed at $45.07, marking a -0.75% move from the previous day.

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Durable Earnings Growth Expected

The double-digit earnings growth expected in each of the next two years suggests the market isn't looking for a one-off rebound this year, but rather an enduring growth cycle...

Why Wells Fargo (WFC) Could Beat Earnings Estimates Again

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.

How Investors Can Grab Better Returns for Finance Using the Zacks ESP Screener

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

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5 Best Performing S&P 500 Banks of H1 to Keep an Eye on

Bank stocks rebound impressively in the first half of 2021. Top-performing S&P 500 banks like Wells Fargo (WFC), SVB Financial (SIVB), Bank of America (BAC), Fifth Third Bancorp (FITB) & People's United (PBCT) that are driven by solid fundamentals are worth a look.

Stock Market News for Jun 30, 2021

Benchmarks closed in the green on Tuesday boosted by bullish economic data, especially an upbeat consumer confidence this month