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Wells Fargo & Company (WFC)

(Real Time Quote from BATS)

$57.06 USD

57.06
3,920,226

+0.80 (1.42%)

Updated Aug 28, 2024 12:16 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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Positive Start to Q4 Earnings Season

We are off to a great start in Q4 earnings season, with the big banks coming out with a notably improved profitability picture relative to what they were able to show in preceding periods.

Economic Data Deluge

Economic Data Deluge

Wells Fargo (WFC) Q4 Earnings Beat, Stock Falls on Lower Revenues

Wells Fargo's (WFC) Q4 results reflect solid mortgage activity, reduced net interest income, along with lower provisions and expenses.

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Retail Sales Fall -0.7%; Big Banks Report Q4: JPM, C, WFC

We see a plethora of economic and earnings data: Retail Sales, Producer Price Index, Empire State and Big Bank Earnings have all hit the tape. And this is just for starters.

Wells Fargo (WFC) Q4 Earnings Surpass Estimates

Wells Fargo (WFC) delivered earnings and revenue surprises of 8.47% and -0.53%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

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Biden Proposes $1.9T in Aid; Powell Staying Dovish

The incoming Biden administration unveiling its new stimulus package as well as fresh remarks from Fed Chair Jay Powell may have informed the market, but did little to sway it.

First Republic (FRC) Q4 Earnings Beat on Higher Revenues

First Republic's (FRC) Q4 earnings outperformance driven by stellar net interest and non-interest income, partly mitigated by elevated expenses and provisions.

Will Mortgage Banking Support Wells Fargo (WFC) Q4 Earnings?

Wells Fargo's (WFC) Q4 earnings are likely to have been affected by low rates, partly offset by improved fee income, including strong mortgage activity during the quarter.

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Beige Book Clarifies Economic Prints Elesewhere

It's somewhat comforting to see agreement from disparate economic surveys -- at least we can agree where we're currently headed.

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5 Must-See Big Bank Earnings Charts

The big banks have been hot to start 2021. Which have the best earnings surprise track records and charts?

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Time to Bet on Bank ETFs Before Earnings Release?

Big banks will start releasing their quarterly numbers this week. The chances of a broad-based earnings beat are high.

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Markets Close in the Red, Closer to Breakeven

Indexes both opened and closed in the red this Monday trading day, pulling higher from the lows reached during today's pre-market.

JPMorgan, Wells Fargo, Citigroup and Delta Air Lines are part of Zacks Earnings Preview

JPMorgan, Wells Fargo, Citigroup and Delta Air Lines are part of Zacks Earnings Preview

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

Wells Fargo (WFC) closed at $33.19 in the latest trading session, marking a -0.72% move from the prior day.

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Big Bank Q4 Earnings Preview

The large money-center banks that will kick-off the Q4 2020 earnings season for the sector this week have suffered a significant hit to profitability as a result of the pandemic...

Earnings Preview: Wells Fargo (WFC) Q4 Earnings Expected to Decline

Wells Fargo (WFC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Truist (TFC) Signs Deals to Sell Institutional Retirement Business

Truist Financial (TFC) sells institutional 401(k) investment advisory services business to OneDigital, and signs deal to sell institutional 401(k) recordkeeping businesses to Ascensus and Empower.

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Bank Stock Roundup: USB, JPM, WFC & TFC in Focus on Restructuring Initiatives

U.S. Bancorp (USB), JPMorgan (JPM), Wells Fargo (WFC), Truist (TFC) & Fifth Third (FITB) continue with their business restructuring activities. Also, Bank OZK (OZK) announces a quarterly dividend hike.

Wells Fargo (WFC) Announces End of 2015 AML Consent Order

With continued investments to enhance compliance and risk management capability, and CEO Charles Scharf's focus to revamp the bank, Wells Fargo (WFC) might be able to get past its legal issues.

Associated Banc-Corp (ASB) to Sell Wealth Unit to Rockefeller

Sale of the wealth management business is likely to strengthen Associated Banc-Corp's (ASB) balance sheet and liquidity position.

Is a Rebound Likely for Wells Fargo (WFC) Stock in 2021?

Though Wells Fargo (WFC) performed dismally in 2020, the stock might rebound this year on economic recovery, streamlining activities and normalization of business operations.

Wells Fargo (WFC) in Restructuring Mode, May Expand Investment Arm

Wells Fargo (WFC) likely to expand investment banking operations to remain competitive and profitable in the market, per Bloomberg.

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

Wells Fargo (WFC) closed at $30.18 in the latest trading session, marking a +1.45% move from the prior day.

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Treasury Yields Climb on Brexit Trade Deal Hopes, Mixed Economic Data

The Treasury yields hits high as mixed economic reports and indications of a Brexit trade deal perk up markets pushing financial stocks including BofA (BAC), Wells Fargo (WFC), JPMorgan (JPM), CIT Group (CIT), Invesco Mortgage (IVR), AG Mortgage (MITT) and MFA Financial (MFA).

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Contrary Exercise Brings Risk and Opportunity

The mechanics concerning which options are automatically exercised can mean the difference between profit and loss.