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Wells Fargo & Company (WFC)

(Delayed Data from NYSE)

$56.26 USD

56.26
7,637,977

-0.46 (-0.81%)

Updated Aug 27, 2024 04:00 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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

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.

The Zacks Analyst Blog Highlights: Apple, Wells Fargo, BHP Group, Amazon.com and Marriott International

by Zacks Equity Research

The Zacks Analyst Blog Highlights: Apple, Wells Fargo, BHP Group, Amazon.com and Marriott International

Priti Dhanuka headshot

Banks Issue Mixed Views for Q2, Reserves Likely to Rise

by Priti Dhanuka

Big banks -- Wells Fargo (WFC), Citigroup (C), Morgan Stanley (MS), U.S. Bancorp (USB) and JPMorgan (JPM) -- announce Q2 guidance.

Daniel Laboe headshot

Implications Of Jerome Powell & The Feds Extended Dovish Stance

by Daniel Laboe

Jerome's overall outlook was bleak, but is still committed to utilizing all the tools available to him and the Fed to maintain an economic backstop

Sheraz Mian headshot

Top Research Reports for Apple, Wells Fargo & BHP Group

by Sheraz Mian

Today's Research Daily features new research reports on 16 major stocks, including Apple (AAPL), Wells Fargo (WFC) and BHP Group (BHP).

Bank Stock Roundup: Economic Rebound Hopes High Amid Coronavirus Woes, Citi in Focus

by Zacks Equity Research

Banking stocks appreciate as upbeat economic reports perk up markets, boosting investor optimism over an expected economic rebound.

Wells Fargo Halts Certain Auto Loans Amid Coronavirus Scares

by Zacks Equity Research

Having assessed the economic implications of the coronavirus outbreak, Wells Fargo (WFC) plans to halt lending to independent car dealers to avoid the risk of defaults.

Priti Dhanuka headshot

Treasury Yields Climb on Hopes of Economic Rebound in 2H20

by Priti Dhanuka

The yield on benchmark 10-year Treasury note hits an eight-week high as hopes of an economic rebound perk up markets.

Stock Market News for June 3, 2020

by Zacks Equity Research

Benchmarks closed higher on Tuesday as investors looked past civil unrest across major cities and focused on easing of coronavirus-led lockdown and signs of economic recovery.

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

by Zacks Equity Research

Wells Fargo (WFC) closed the most recent trading day at $27.40, moving +1.14% from the previous trading session.

Swayta Shah headshot

Major Banks Provide Mixed Guidance for Q2 and Thereafter

by Swayta Shah

Banks are likely to continue building reserves in the second quarter, with trading and investment banking offering some support.

Banks to Benefit as Mortgage Rates at New Lows Amid Coronavirus

by Zacks Equity Research

Banks with mortgage banking operations are expected to benefit from a rise in refinancing and origination activities as mortgage rates fall to a new low.

Daniel Laboe headshot

FOMO Trading Driving The Rotation Towards Value Stocks

by Daniel Laboe

The rotation towards value and cyclical stocks has put another marginal tailwind into the exhausted sails of the stock market, but I am not sure how much longer this rally can sustain

Daniel Laboe headshot

Investors' Rotation To Value Stocks & The Battle At 3,000

by Daniel Laboe

As tech-heavy growth stocks appear to be running out of runway, the relatively cheap banks, airlines, and cruises lines are getting a boost with investors looking for somewhere to put their money to work

Zacks Value Investor Highlights: JPMorgan, Wells Fargo, Comerica, PNC and Bank OZK

by Zacks Equity Research

Zacks Value Investor Highlights: JPMorgan, Wells Fargo, Comerica, PNC and Bank OZK

Sanghamitra Saha headshot

Bank ETFs Rise on Merger Speculations

by Sanghamitra Saha

U.S. bank stocks and ETFs gain on merger speculation. What lies ahead?

Stock Market News for May 15, 2020

by Zacks Equity Research

U.S. stocks ended higher on Thursday as bank and energy stocks pushed the major indexes up after a rather volatile trading session.

Tracey Ryniec headshot

Are the Bank Stocks Deals?

by Tracey Ryniec

Bank stocks have sunk due to coronavirus impacts. Should value investors be taking a look?

Wells Fargo (WFC) Down 20.8% Since Last Earnings Report: Can It Rebound?

by Zacks Equity Research

Wells Fargo (WFC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Toronto-Dominion to Record C$1.1B Provision in U.S. Retail Unit

by Zacks Equity Research

The Toronto-Dominion Bank (TD) expects to record provision for credit losses (PCL) of C$1.1 billion ($0.8 million) in its U.S. retail banking unit in Q2 on the coronavirus crisis.

Daniel Laboe headshot

The Retail Apocalypse Hits The Fan

by Daniel Laboe

The retail space is shrinking as the biggest and most innovative companies drive ineffective businesses out of the marketplace

David Borun headshot

Stocks Continue to Rally as Coronavirus Cases Level Off

by David Borun

Fiscal and monetary stimuli help push US equities higher amid signs the curve is flattening.

Sanghamitra Saha headshot

Bank ETFs Struggling on Mixed Earnings & Coronavirus-Hit Views

by Sanghamitra Saha

Banking earnings were mixed this reporting season. The earnings releases are accompanied with murky economic outlook.

Bank Stock Roundup: Q1 Earnings Begins Amid Coronavirus Scare, BAC, JPM & WFC Miss

by Zacks Equity Research

Heightened investors' concerns visible on banks' Q1 earnings, with the major players displaying rise in credit costs, higher expenses and margin pressure on lower rates amid the coronavirus pandemic.

    Sanghamitra Saha headshot

    Are Buyback ETFs in Troubled Waters?

    by Sanghamitra Saha

    With an increasing number of companies suspending buybacks and some cutting the dividend payouts too, the outlook for buyback and dividend ETFs has deteriorated.

    BofA (BAC) Q1 Earnings Lag, Provisions Up on Coronavirus Woes

    by Zacks Equity Research

    Rise in credit costs and lower interest rates hurt BofA's (BAC) Q1 earnings amid coronavirus-related concerns.