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Wells Fargo & Company (WFC)

(Real Time Quote from BATS)

$56.97 USD

56.97
3,202,474

+0.27 (0.48%)

Updated Aug 26, 2024 01:02 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 B 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 17% (42 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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Import/Exports Send Pre-Markets Lower; Big Banks Beat

Import Prices came in hotter than expected, while Exports came down considerably.

Wells Fargo (WFC) Reports Q1 Earnings: What Key Metrics Have to Say

Although the revenue and EPS for Wells Fargo (WFC) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Wells Fargo (WFC) Q1 Earnings and Revenues Top Estimates

Wells Fargo (WFC) delivered earnings and revenue surprises of 14.55% and 3.47%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Will Wells Fargo (WFC) Beat Estimates Again in Its Next Earnings Report?

Wells Fargo (WFC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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Brian's Big Idea on Earnings

A look at three financial stocks set to report on Friday and Surprise Trader.

Stock Market News for Apr 10, 2024

Wall Street closed mixed on Tuesday, dragged down by financial stocks.

Zacks Earnings Trends Highlights: JPMorgan, Citigroup, Wells Fargo, Meta and Nvidia

JPMorgan, Citigroup, Wells Fargo, Meta and Nvidia are part of the Zacks Earnings Trends article.

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The 2024 Q1 Earnings Season Gets Underway

Early results appear to reconfirm trends we have seen in recent quarters, with growth modestly accelerating and positive surprises relatively hard to come by. With results from the big banks looming, what can investors expect?

Sheraz Mian headshot

The 2024 Q1 Earnings Season Gets Underway

Early results appear to reconfirm trends we have seen in recent quarters, with growth modestly accelerating and positive surprises relatively hard to come by. With results from the big banks looming, what can investors expect?

What's in the Cards for Wells Fargo (WFC) in Q1 Earnings?

Decent loans and reinvestment in higher-yielding assets are likely to have aided Wells Fargo's (WFC) Q1 net interest income. High expenses and deteriorating asset quality are expected to have ailed.

The PNC Financial Services Group, Inc (PNC) Expected to Beat Earnings Estimates: Should You Buy?

The PNC Financial Services Group (PNC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Seeking Clues to Wells Fargo (WFC) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics

Beyond analysts' top -and-bottom-line estimates for Wells Fargo (WFC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.

Market Awaits CPI Data Due Wednesday

Market Awaits CPI Data Due Wednesday.

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

Citigroup, JPMorgan and Wells Fargo are highlights of the Zacks Earnings Preview article.

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Should You Buy Bank ETFs Before Earnings Releases?

It's time for full-fledged releases of quarterly earnings. Big banks will start reporting from next week.

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Making the Case for Bank Stocks

At a time when the S&P 500 index is at or near its record level, the Finance sector's discounted valuation has to be one of the most attractive investment spots in the market. Next Friday, the big banks will really get the earnings cycle going.

Earnings Preview: Wells Fargo (WFC) Q1 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.

Here's What Drove Citigroup (C) to Outperform S&P Index in Q1

Progress on organizational restructuring, the near-completion of non-core business sales and a bright guidance for 2024 have likely driven investor confidence in Citigroup's (C) stock in Q1.

Is Invesco Large Cap Value ETF (PWV) a Strong ETF Right Now?

Smart Beta ETF report for PWV

Zacks Earnings Trends Highlights: JPMorgan, Citigroup, Wells Fargo, Meta and Nvidia

JPMorgan, Citigroup, Wells Fargo, Meta and Nvidia have been highlighted in this Earnings Trends article.

Sheraz Mian headshot

Bank Earnings Loom: What to Expect

The March-quarter reporting cycle will really get going once the big banks release their results on April 12th. But early results have already started trickling in, with 18 S&P 500 members already posting quarterly results.

Sheraz Mian headshot

Bank Earnings Loom: What to Expect

The March-quarter reporting cycle will really get going once the big banks release their results on April 12th. But early results have already started trickling in, with 18 S&P 500 members already posting quarterly results.

Wells Fargo (WFC) Stock Drops Despite Market Gains: Important Facts to Note

In the latest trading session, Wells Fargo (WFC) closed at $57.13, marking a -0.38% move from the previous day.

Wells Fargo & Company (WFC) Is a Trending Stock: Facts to Know Before Betting on It

Wells Fargo (WFC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

NVIDIA and Red Robin Gourmet Burgers have been highlighted as Zacks Bull and Bear of the Day

NVIDIA and Red Robin Gourmet Burgers have been highlighted as Zacks Bull and Bear of the Day.