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Wells Fargo & Company (WFC)

(Real Time Quote from BATS)

$56.76 USD

56.76
6,317,591

+0.50 (0.89%)

Updated Aug 28, 2024 02:22 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
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) Gains As Market Dips: What You Should Know

Wells Fargo (WFC) closed the most recent trading day at $29.55, moving +1.86% from the previous trading session.

Wells Fargo (WFC) to Divest Private Student Loan Portfolio

Wells Fargo (WFC) continues offloading less profitable businesses in order to focus more on core operations and free-up capital for investment in risk management systems.

Priti Dhanuka headshot

Fed Unveils 2nd Stress Test Results, Eases Capital Distribution Limits

The results of the second round of stress test, following which the Fed eased restrictions on capital deployment by banks, highlight capital adequacy of the banking sector.

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

In the latest trading session, Wells Fargo (WFC) closed at $28.64, marking a -1.51% move from the previous day.

Stock Market News for Dec 15, 2020

Wall Street closed mixed on Monday as investors remained concerned about recent spike in new COVID-19 cases in the United States and Eurozone.

Wells Fargo (WFC) Asset Management Arm Likely to Attract Bids

Wells Fargo's (WFC) asset management unit might attract interest from several asset managers and private equity firms.

The Zacks Analyst Blog Highlights: Roche, Wells Fargo, General Electric, Microsoft and Intuit

The Zacks Analyst Blog Highlights: Roche, Wells Fargo, General Electric, Microsoft and Intuit

Bank Stock Roundup: Upbeat Trading Outlook, Treasury Yields Decline, Citi in Focus

Over the past five trading days, JPMorgan (JPM) and Citigroup (C) issued their outlooks. Wells Fargo (WFC) & Truist's (TFC) restructuring efforts continue. Capital One (COF), PNC Financial (PNC) and U.S. Bancorp (USB) witness price gains.

Sheraz Mian headshot

Top Stock Reports for Roche, Wells Fargo & General Electric

Today's Research Daily features new research reports on 16 major stocks, including Roche Holding AG (RHHBY), Wells Fargo & Company (WFC) and General Electric Company (GE).

Citigroup (C) CFO Sees Consent Order as a Multi-Year Strategy

Though expenses are expected to rise in 2021, Citigroup's (C) CFO feels that adhering to the requirements of consent order will benefit the bank.

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

In the latest trading session, Wells Fargo (WFC) closed at $29.05, marking a +0.38% move from the previous day.

Wells Fargo (WFC) to Continue Remediation Work for Asset Cap Lift

Wells Fargo (WFC) CEO believes that the company still has to work on remediation moves to convince the Federal Reserve to lift asset growth cap.

Societe Generale (SCGLY) in Restructuring Mode to Save Costs

Societe Generale (SCGLY) comes up with the plan of reducing costs by about 450 million euros ($545 million) annually by combining French retail operations with its Credit du Nord subsidiary.

Goldman (GS) Might Make Florida New Hub for Asset Management

Goldman (GS) on track with its strategic targets announced earlier this year for $1.3 billion in cost savings.

Swayta Shah headshot

Bank Stock Roundup: JPM, WFC & FITB Undertake Business Restructuring Initiatives

Over the past five trading days, JPMorgan (JPM), Wells Fargo (WFC) & Fifth Third's (FITB) restructuring efforts continue. Capital One (COF), PNC Financial (PNC) and U.S. Bancorp (USB) witness price rise, while Citi (C) dips.

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

In the latest trading session, Wells Fargo (WFC) closed at $29.16, marking a +1% move from the previous day.

Wells Fargo (WFC) Inks Deal to Divest Centurion Life Insurance

Wells Fargo (WFC) continues to offload less profitable business in order to focus more on core operations and free-up capital for investment in risk management systems.

TCF Financial (TCF) Selects Entrust as Instant Debit Card Issuer

In order to improve banking experience for customers, TCF Financial (TCF) joins forces with Entrust to provide permanent debit cards instantly at its Midwest banking centers.

Swayta Shah headshot

FDIC-Insured Banks Q3 Earnings Dip, NIM Shrinks on Low Rates

Low rates and soft loan demand hurt FDIC-insured banks' Q3 earnings. Yet, big names like JPMorgan (JPM), Bank of America (BAC), Citigroup (C), Wells Fargo (WFC) and Truist Financial (TFC) get support from rise in fee income.

JPMorgan (JPM) Plans for 20% Rise in 2020-end Trading Bonus

JPMorgan (JPM) plans to increase the 2020-end bonus for its traders by up to 20%, following an impressive trading performance during the year driven by significant market volatility.

Huntington (HBAN) Announces Plan to Upgrade ATM Network

Huntington Bancshares (HBAN) is planning to improve its ATM network and provide customers with greater security, speed and flexibility.

Nikita Kataruka headshot

Record-Low Mortgage Rates to Keep Supporting Banks in 2021

Freddie Mac's (FMCC) Primary Mortgage Market Survey reveals historical low mortgage rates. These are expected to continue supporting mortgage revenues for banks like Wells Fargo (WFC), JPMorgan (JPM) and Hilltop Holdings (HTH).

Tracey Ryniec headshot

3 Top Lessons Learned from Buffett's 2020 Portfolio Moves

During a global pandemic, Berkshire Hathaway has re-tooled its portfolio. Maybe it's time you do the same?

Zacks Value Trader Highlights: Southwest, JPMorgan, Wells Fargo, Apple and AbbVie

Zacks Value Trader Highlights: Southwest, JPMorgan, Wells Fargo, Apple and AbbVie

David Borun headshot

Stocks Continue to Climb Amid More Positive Vaccine Trial Results

The major indices all gain between 2 and 3% as hopes for an effective Covid-19 vaccine promise a "return to normal."