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Wells Fargo & Company (WFC)

(Delayed Data from NYSE)

$56.72 USD

56.72
9,477,949

+0.02 (0.04%)

Updated Aug 26, 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.

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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 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) Targets Cost Cuts Post-Scandal

At Investor Day held on May 11, Wall Street major Wells Fargo & Company (WFC) doubled the cost-cutting program in the wake of disclosure of malpractices related to opening of around two million bank and credit card accounts without customers' consent last year.

    Wells Fargo Mulls Over Divesting Insurance Brokerage Unit

    Wells Fargo & Company (WFC) is considering sale of its insurance brokerage business, as reported by Bloomberg. Per the people familiar with the matter, the divesture might result in a return of about $2 billion.

      Madeleine Johnson headshot

      Shares of IBM Slide After Warren Buffett Cuts Stake By a Third

      On Friday, shares of information technology stalwart IBM Corp. (IBM) are sliding, down about 2.5% in early morning trading--the stock was down about 3.4% in pre-market trading--after Warren Buffett said he's sold about a third of his stake in the company.

        Northern Trust (NTRS) Q1 Earnings Beat, Expenses Escalate

        Riding on higher revenues, Northern Trust Corporation (NTRS) reported a positive earnings surprise of 1.9% in first-quarter 2017. Earnings per share came in at $1.09, beating the Zacks Consensus Estimate of $1.07.

          Stock Market News for April 25, 2017

          Benchmarks finished in the green on Monday, following the victory of centrist candidate Emmanuel Macron in the first round of the French presidential election

            Stock Market News for April 21, 2017

            Benchmarks finished in the green on Thursday, following the release of strong earnings reports and encouraging comments on tax related changes

              People's United (PBCT) Q1 Earnings in Line, Dividend Up

              People's United Financial Inc.'s (PBCT) first-quarter 2017 operating earnings of 22 cents per share were in line with the Zacks Consensus Estimate. The reported figure was up 4.8% year over year from 21 cents.

                Sanghamitra Saha headshot

                What Do Banking Earnings Tell About These Financial ETFs?

                Banking earnings for the first quarter came in moderate. What about ETFs?

                  Citizen Financial (CFG) Q1 Earnings Beat, Expenses Rise

                  Riding on higher revenues, Citizens Financial Group, Inc. (CFG) delivered a positive earnings surprise of 19.6% in first-quarter 2017. Earnings per share came in at 61 cents, beating the Zacks Consensus Estimate of 51 cents.

                    Joseph Lu headshot

                    Here's Why McDonald's (MCD) Stock Just Hit an All-Time High

                    Who doesn't like the idea of ordering Egg McMuffins and chicken nuggets with a few taps on their phone? Not only do consumers like the sound of that, but it also seemed to appeal greatly to analysts and investors.

                      Huntington (HBAN) Misses on Q1 Earnings, Revenues Surge

                      Huntington Bancshares Incorporated (HBAN) reported adjusted earnings per share of 21 cents, missing the Zacks Consensus Estimate by a penny. Also, the figure was 15% below the prior-year quarter.

                        U.S. Bancorp (USB) Beats on Q1 Earnings, Expenses Flare Up

                        U.S. Bancorp (USB) reported a positive surprise of 2.5% in first-quarter 2017. The company reported earnings per share of 82 cents, beating the Zacks Consensus Estimate of 80 cents. Results also came ahead of the prior-year quarter earnings of 76 cents.

                          Morgan Stanley (MS) Tops Q1 Earnings as Bond Trading Jumps

                          Continued strength in bond trading drove Morgan Stanley's (MS) first-quarter 2017 earnings of $1.00 per share, which handily outpaced the Zacks Consensus Estimate of 90 cents.

                            BofA (BAC) Q1 Earnings Beat on Trading Surge, Rate Hike

                            Higher trading revenues as well as rise in interest rates drove BofA's (BAC) first-quarter 2017 earnings of 41 cents per share, which handily outpaced the Zacks Consensus Estimate of 35 cents.

                              Goldman (GS) Q1 Earnings Disappoint on Rise in Expenses

                              Impacted by higher expenses, The Goldman Sachs Group, Inc.'s (GS) first-quarter 2017 results recorded a negative earnings surprise of 4.3%. The company reported earnings per share of $5.15, missing the Zacks Consensus Estimate of $5.38.

                                Regions Financial (RF) Tops Q1 Earnings, Expenses Escalate

                                Regions Financial Corporation's (RF) first-quarter 2017 earnings from continuing operations of 23 cents per share surpassed the Zacks Consensus Estimate by a penny. Also, the figure was 15% higher than the prior-year quarter tally.

                                  Benjamin Rains headshot

                                  McDonald's to Serve Up Mobile Ordering Ahead of Its Fast-Food Competition

                                  McDonald's Corporation (MCD) is set to offer mobile ordering and payment options at all of its 14,000 US locations by the end of the fourth quarter, according to a Wells Fargo & Company (WFC) analyst note on Monday.

                                    Sheraz Mian headshot

                                    Positive Start to Q1 Earnings Season

                                    This week's earnings results will give us a good view of how the Q1 earnings season is unfolding.

                                      M&T Bank (MTB) Beats Q1 Earnings Estimates, Revenues Up

                                      M&T Bank Corporation (MTB) recorded a positive earnings surprise of 10.8% in first-quarter 2017. The company reported net operating earnings of $2.15 per share which surpassed the Zacks Consensus Estimate of $1.94.

                                        Stock Market News for April 17, 2017

                                        Benchmarks finished in the red on Thursday following the deployment of Mother of All Bombs??? (MOAB) on ISIS tunnels in Afghanistan on Thursday

                                          John Bean Tech, Texas Roadhouse, Wells Fargo, Citigroup and J.P. Morgan highlighted as Zacks Bull and Bear of the Day

                                          John Bean Tech, Texas Roadhouse, Wells Fargo, Citigroup and J.P. Morgan highlighted as Zacks Bull and Bear of the Day

                                            Joseph Lu headshot

                                            3 Key Takeaways From JPM's Q1 Earnings

                                            Thursday marked the first wave of the big banks' quarterly earnings. Wells Fargo (WFC), Citigroup (C) and J.P. Morgan (JPM) all reported their earnings today. Among them, JPM is clearly leading the pack with its solid first quarter earnings.

                                              Wells Fargo's (WFC) Q1 Earnings Beat on High Interest Income

                                              Driven by net interest income, Wells Fargo & Company's (WFC) first-quarter 2017 earnings recorded a positive surprise of about 3.1%. Earnings of $1.00 per share outpaced the Zacks Consensus Estimate by 3 cents.

                                                Citigroup (C) Beats on Q1 Earnings, Trading Revenues Climb

                                                Citigroup Inc. (C) delivered a positive earnings surprise of 8.9% in first-quarter 2017, riding on higher revenues. The company's earnings per share of $1.35 for the quarter outpaced the Zacks Consensus Estimate of $1.24.

                                                  Earnings Results in Focus

                                                  Earnings Results in Focus