This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc.
Copyright 2024 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.10% per year. These returns cover a period from January 1, 1988 through October 7, 2024. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer.
Visit Performance Disclosure for information about the performance numbers displayed above.
Visit www.zacksdata.com to get our data and content for your mobile app or website.
Real time prices by BATS. Delayed quotes by Sungard.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.
This site is protected by reCAPTCHA and the Google Privacy Policy, DMCA Policy and Terms of Service apply.
View All Zacks #1 Ranked Stocks
Zacks News
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.
Analysts Estimate Wells Fargo (WFC) to Report a Decline in Earnings: What to Look Out for
by Zacks Equity Research
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.
Wells Fargo (WFC) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed at $24.45 in the latest trading session, marking a +1.92% move from the prior day.
Goldman Revives Job Cut Plan After Coronavirus-Induced Pause
by Zacks Equity Research
With an aim to improve profitability and operating efficiency, Goldman (GS) revives plans to cut 400 jobs or 1% of its workforce.
Fed Restricts Big Banks' Dividends, Suspends Q4 Share Buybacks
by Priti Dhanuka
The Federal Reserve restricts big U.S. banks from share repurchases and dividend payments through the end of this year to ensure liquidity of the financial firms by conserving capital.
Wells Fargo (WFC) Gains But Lags Market: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed the most recent trading day at $23.82, moving +0.76% from the previous trading session.
Wells Fargo Inks Data Exchange Agreement With Envestnet
by Zacks Equity Research
Wells Fargo (WFC) partners with Envestnet to enhance its customers experience and enable secure transferring of data.
Biden's Corporate Tax Plan Could Spell Trouble for Bank ETFs
by Sweta Killa
Biden proposed corporate tax hike from 21% to 28% would drop net income by more than $7 billion per year for the nation's 10 largest banks.
Wells Fargo (WFC) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed the most recent trading day at $23.66, moving -1.6% from the previous trading session.
Fed Reveals 'Mid-Cycle' Stress Test Scenarios for Major Banks
by Swayta Shah
The Federal Reserve will test 34 major banks under two hypothetical scenarios to check the capital and liquidity adequacy amid the coronavirus concerns.
PNC Financial, KeyCorp Accelerate Branch Closures Amid Crisis
by Zacks Equity Research
PNC Financial (PNC) and KeyCorp (KEY) announce plans of closing more branches through 2021 to cope with the aftershocks of the pandemic.
Banks Down on Bleak Revenue Outlook as Loan Demand Falters
by Swayta Shah
Near zero interest rates and mute demand for loans are likely to hamper banks' revenue growth, going forward.
Wells Fargo (WFC) Gains But Lags Market: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed at $24.88 in the latest trading session, marking a +0.28% move from the prior day.
Citi Might Face Public Rebuke by Regulators, Resumes Layoffs
by Zacks Equity Research
Citigroup (C) may face a consent order that will make it necessary for the bank to take some immediate action and improve its fault controlling systems.
Banks Issue Mixed Views for Q3, Revenues Likely to be Stellar
by Priti Dhanuka
Big banks -- Wells Fargo (WFC), Citigroup (C), Fifth Third (FITB) and Huntington (HBAN) -- announce Q3 and FY20 guidance.
Wells Fargo (WFC) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed at $23.84 in the latest trading session, marking a -0.54% move from the prior day.
JPMorgan Probes Staffs' Engagement in Abuse of Relief Program
by Zacks Equity Research
JPMorgan (JPM) is investigating whether its employees have engaged in the potential abuse of the government stimulus measures like the Paycheck Protection Program.
Berkshire Hathaway Decreases Stake in Wells Fargo to 3.3%
by Zacks Equity Research
Recent ratings outlook downgrade by Moody's, dividend cut and asset cap placed by the Fed led Warren Buffett to cut stake in Wells Fargo (WFC).
Bank Stock Roundup: Treasury Yields Decline, JPMorgan, Wells Fargo in Focus on Restructuring
by Zacks Equity Research
Banking stocks depreciate on investors' concerns over economic growth, which incline them toward safe-haven assets, causing the yield on benchmark 10-year Treasury note to dip.
Wells Fargo (WFC) Stock Moves -0.2%: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed at $24.52 in the latest trading session, marking a -0.2% move from the prior day.
Moody's Affirms Wells Fargo Ratings, Outlook Down to Negative
by Zacks Equity Research
Moody's affirms all the ratings of Wells Fargo (WFC) and its subsidiaries. However, the rating firm's outlook for the bank has been downgraded to "negative" from "stable".
Wells Fargo Taps Young Adults With No-Overdraft Fees Account
by Zacks Equity Research
Wells Fargo (WFC) brings in a new account with no overdraft fees, in line with its strategy to simplify its products and services.
ETFs to Tap Warren Buffett's Investing Ideas as He Turns 90
by Sweta Killa
We have highlighted some ETF picks from the categories that could be compelling choices for investors seeking to bet on the investment ideas of the legendary billionaire and philanthropist.
Wells Fargo (WFC) Gains But Lags Market: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed at $24.69 in the latest trading session, marking a +0.41% move from the prior day.
Bank Stock Roundup: Fed's Policy Shift, Restructuring, JPM, WFC, C in Focus
by Swayta Shah
Low mortgage rates, business restructuring initiatives and greater emphasis on digital offerings are set to support major bank stocks in the quarters ahead.