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Wells Fargo & Company (WFC)

(Real Time Quote from BATS)

$56.81 USD

56.81
6,121,238

+0.55 (0.98%)

Updated Aug 28, 2024 02:16 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

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.

Wells Fargo (WFC) Dips More Than Broader Markets: What You Should Know

In the latest trading session, Wells Fargo (WFC) closed at $38.24, marking a -1.87% move from the previous day.

Stock Market News for Mar 22, 2021

U.S. stock markets closed mostly lower on Friday as major bank shares declined following the U.S. Federal Reserve's decision to not extend the temporary relief from capital requirement rules

The Zacks Analyst Blog Highlights: PayPal, Wells Fargo, Lockheed Martin, Intuit and Equinix

The Zacks Analyst Blog Highlights: PayPal, Wells Fargo, Lockheed Martin, Intuit and Equinix

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Top Research Reports for PayPal, Wells Fargo & Lockheed Martin

Today's Research Daily features new research reports on 16 major stocks, including PayPal Holdings (PYPL), Wells Fargo (WFC), and Lockheed Martin (LMT).

Stock Market News for Mar 19, 2021

Benchmarks closed sharply lower on Thursday as spike in U.S. Treasury yields fueled rotation into cyclical sectors expected to benefit from the rebound in economic growth

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

Wells Fargo (WFC) closed the most recent trading day at $39.84, moving +1.25% from the previous trading session.

Deutsche Bank (DB) CEO Sewing's 2020 Compensation Up 46.4%

Deutsche Bank's (C) chief executive officer's total compensation package for 2020 is increased to 7.37 million pounds.

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

In the latest trading session, Wells Fargo (WFC) closed at $38.13, marking a -1.4% move from the previous day.

Barclays (BCS) Plans Job Cuts at Corporate & Investment Bank Unit

Barclays' (BCS) anticipated resumption of job cuts in the United States and other countries will be part of the bank's cost-saving measure.

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Rising Mortgage Rates to Hurt Mortgage Lenders' Fee Income

The rise in mortgage rates is expected to hurt origination and refinancing activities, thus, hampering growth in mortgage revenues in 2021.

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

In the latest trading session, Wells Fargo (WFC) closed at $37.69, marking a +1.48% move from the previous day.

Blackstone (BX) CEO Receives 20% Hike in 2020 Compensation

Blackstone's (BX) CEO Stephen Schwarzman receives a total compensation package of $610.5 million for 2020.

Citi, JPMorgan Expect Trading Revenues to Disappoint in Q1

CFOs of Citi (C) and JPMorgan (JPM) expect the performance of trading revenues to be weaker than that reported in the year-ago quarter due to lower volatility.

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Bank Stock Roundup: Steepening of Yield Curve and WFC, JPM, C & BAC in Focus

Steepening of the yield curve & business streamlining efforts have been driving Wells Fargo (WFC), JPMorgan (JPM), Citi (C), BofA (BAC), U.S. Bancorp (USB) & Capital One (COF) over the past five trading days.

BofA (BAC) Cuts Staff in Investment Banking & Trading Units

After pausing job cuts for almost a year, BofA (BAC) reduces staff in investment banking and trading units this week.

Wells Fargo (WFC) CFO Hints at Lower Q1 Revenues and Costs

Wells Fargo (WFC) expects revenue decline for the first quarter of 2021 despite strong mortgage trends.

JPMorgan (JPM) to Shift Mexico Wealth Clients to Banco Bilbao

JPMorgan (JPM) plans to shut its private banking business in Mexico. Thus, it is referring its Mexico wealth management clients to Banco Bilbao's Mexico unit.

Swayta Shah headshot

FDIC-Insured Banks' Q4 Earnings Up, NIM Shrinks on Low Rates

Lower provisions & rise in fee income aid FDIC-insured banks' Q4 earnings. Driven by these factors, big banks like JPMorgan (JPM), BofA (BAC), Citi (C), Wells Fargo (WFC) & Truist Financial (TFC) have seen growth in financials.

Wells Fargo (WFC) Enters Deal to Divest Asset Management Unit

Wells Fargo (WFC) continues to remodel its business with a view to improve performance, which has long been hampered by involvement in legal issues.

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

Wells Fargo (WFC) closed at $36.96 in the latest trading session, marking a +1.01% move from the prior day.

Wells Fargo's (WFC) Proposal for Overhaul Wins Approval of Fed

Wells Fargo (WFC) has to move past two more hurdles before the asset growth restrictions imposed by the Federal Reserve is lifted.

Wells Fargo (WFC) in Focus: Stock Moves 5.2% Higher

Wells Fargo (WFC) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.

Apollo Global (APO), Athene to Sell AmeriHome to Western Alliance

Apollo Global (APO) and Athene to divest AmeriHome Mortgage to a subsidiary of Western Alliance in the second quarter of 2021.

The Zacks Analyst Blog Highlights: Capital One, Wells Fargo, JPMorgan Chase, Citigroup and Morgan Stanley

The Zacks Analyst Blog Highlights: Capital One, Wells Fargo, JPMorgan Chase, Citigroup and Morgan Stanley

Citigroup (C) CEO's Compensation for 2020 Reduced by 21%

Citigroup's (C) chief executive officer's total compensation package for 2020 is reduced to $19 million.