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Wells Fargo & Company (WFC)

(Delayed Data from NYSE)

$64.07 USD

64.07
13,441,430

+0.37 (0.58%)

Updated Nov 5, 2024 04:00 PM ET

After-Market: $64.34 +0.27 (0.42%) 7:58 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 Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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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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B Value F Growth A Momentum C 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 14% (35 out of 251)

Industry: Financial - Investment Bank

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Zacks News

Wells Fargo (WFC) Might Halt Pay Raises to Save Expenses

by Zacks Equity Research

With an aim to improve profitability and operating efficiency, Wells Fargo (WFC) is planning to freeze salary hike for the company's top earners.

Swayta Shah headshot

Fee Income Supports Big Banks' Q3 Earnings: What's Next?

by Swayta Shah

In Q3, big banks - JPMorgan (JPM), BofA (BAC), Citigroup (C) and Wells Fargo (WFC) - benefit substantially from fee income. A similar trend is likely to continue over the next few quarters as the economy revives gradually.

Priti Dhanuka headshot

Bank Stocks Tank on Sharp Fall in Treasury Yields, Uncertainty

by Priti Dhanuka

Bank stocks plummet on sharp fall in Treasury yields, bucking the rally in the broader market.

Priti Dhanuka headshot

8 Big Banks in Murky Waters, To Face U.S. Cities' Allegations

by Priti Dhanuka

Eight big U.S. banks likely to be slapped with charges for allegedly conspiring and colluding information on a particular type of tax-exempt municipal bond -- VRDOs.

Wells Fargo (WFC) Mulling Sale of Asset Management Business

by Zacks Equity Research

Wells Fargo (WFC) might divest its asset management business to focus on core operations.

Regions (RF) Q3 Earnings Beat Estimates on Higher Revenues

by Zacks Equity Research

Regions' (RF) Q3 performance reflects higher revenues, partly offset by rise in provisions and expenses.

CIT Group (CIT) Stock Up on Q3 Earnings Beat, Merger Deal

by Zacks Equity Research

CIT Group (CIT) witnesses improvement in revenues along with a rise in provisions and expenses in the third quarter of 2020.

Ally Financial (ALLY) Stock Gains 2.7% on Q3 Earnings Beat

by Zacks Equity Research

Ally Financial (ALLY) records a rise in revenues and lower provisions in the third quarter of 2020.

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Earnings & Stimulus in Focus

by Neena Mishra

Stocks ended a volatile week with small gains.

BNY Mellon (BK) Earnings Beat in Q3, Revenues Decline Y/Y

by Zacks Equity Research

BNY Mellon (BK) witnesses a decline in revenues and higher expenses in the third quarter of 2020.

Bank Stock Roundup: Q3 Earnings Season Unfolds, JPM, WFC & C Top Estimates

by Zacks Equity Research

Low rates hurt banks' Q3 results, while fee income provides some respite. Banks are still unsure of the future and have not issued detailed guidance.

Truist Financial (TFC) Q3 Earnings Beat, Provisions Decline

by Zacks Equity Research

Truist Financial (TFC) witnesses a fall in revenues in third-quarter 2020. Also, provisions decline from the previous quarter.

Mixed Q3 Earnings for Major Banks

by Zacks Equity Research

Mixed Q3 Earnings for Major Banks.

Mark Vickery headshot

PPI Strengthens, Goldman Posts Big Q3 Earnings

by Mark Vickery

While September's PPI doubled expectations, Goldman Sachs posted a 73% earnings surprise in its Q3 release.

Wells Fargo (WFC) Q3 Earnings Beat on Strong Mortgage Banking

by Zacks Equity Research

Wells Fargo's (WFC) Q3 results reflect solid mortgage activity, reduced net interest income, along with higher provisions and stable expenses.

Wells Fargo (WFC) Q3 Earnings and Revenues Beat Estimates

by Zacks Equity Research

Wells Fargo (WFC) delivered earnings and revenue surprises of 19.15% and 5.00%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

JPMorgan (JPM) Q3 Earnings Top on Lower Credit Cost, Trading

by Zacks Equity Research

Surprisingly lower provisions and continued support from fee income sources aid JPMorgan's (JPM) Q3 earnings amid weak loan demand and near-zero rates.

Citigroup (C) Q3 Earnings Beat Estimates, Expenses Escalate

by Zacks Equity Research

Citigroup's (C) Q3 results reflect rise in market revenues and strong underwriting business, along with elevated expenses and credit costs.

First Republic (FRC) Q3 Earnings Beat, Revenues & Costs Rise

by Zacks Equity Research

Higher revenues support First Republic's (FRC) Q3 earnings outperformance amid lower rates and coronavirus-related concerns.

JPMorgan, Wells Fargo, Citigroup and Bank of America are part of Zacks Earnings Preview

by Zacks Equity Research

JPMorgan, Wells Fargo, Citigroup and Bank of America are part of Zacks Earnings Preview

Fee Income to Aid Wells Fargo (WFC) Q3 Earnings Amid Low Rates?

by Zacks Equity Research

Wells Fargo's (WFC) Q3 results likely to reflect impact of low rates, partly offset by an improved fee income, including strong mortgage activity during the July-September quarter.

Swayta Shah headshot

Bank Stock Roundup: Citi Faces Penalty, BofA & Wells Fargo Restructure Business

by Swayta Shah

Improving oversight related to risk management process and business restructuring initiatives will support major bank stocks, going forward.

Sheraz Mian headshot

Are Bank Stocks Cheap or Value Traps?

by Sheraz Mian

Driving this underperformance is the group's cyclical exposure, with the demand for credit and other banking services strongly correlated with GDP growth...

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Bank ETFs Surge as Yield Curve Steepens

by Sweta Killa

The banking corner of the broader financial sector is back on track this month owing to the steepening of the yield curve. Will the strong trend continue?

Wells Fargo in Restructuring Mode, Terminates More Than 700 Jobs

by Zacks Equity Research

With an aim of improving profitability and operating efficiency, Wells Fargo (WFC) resumes layoffs with the termination of more than 700 commercial-banking jobs.