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Wells Fargo & Company (WFC)

(Real Time Quote from BATS)

$54.78 USD

54.78
3,175,073

-0.52 (-0.94%)

Updated Oct 3, 2024 02:14 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 F 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 36% (91 out of 252)

Industry: Banks - Major Regional

Better trading starts here.

Zacks News

Wells Fargo (WFC) to Divest Part of its Insurance Business

Wells Fargo & Company (WFC) is offloading its commercial insurance business with a view to regain focus on its banking activities.

    Stress Test Results Positive for All Participating Banks

    On Thursday, the Federal Reserve released the Dodd-Frank Act supervisory stress test 2017 (DFAST 2017) results, which, to a great extent, reflect the stability of the banking system.

      Tirthankar Chakraborty headshot

      Tech Rout Shifts Spotlight from Growth to Value: 5 Top Picks

      Steer clear of tech behemoths that constitute the bulk of growth stocks on overvaluation concerns, while value stocks, led by financials and consumer staples, look enticing

        The Zacks Analyst Blog Highlights: Verizon, Alibaba, Wells Fargo, Caterpillar and Oracle

        The Zacks Analyst Blog Highlights: Verizon, Alibaba, Wells Fargo, Caterpillar and Oracle

          Core Inflation, Retail Sales Falling: Should Banks Worry?

          Both core inflation and retail sales are falling. Will these be a cause of concern for banks' financial performance?

            Mitsubishi May Cut 10,000 Jobs over a Decade to Reduce Costs

            For the first time since its foundation, Mitsubishi UFJ Financial Group, Inc. (MTU) is planning to lay off about 10,000 employees.

              Stock Market News for June 01, 2017

              Benchmarks closed in the red on Wednesday weighed down primarily by financials

                Wells Fargo Sees Municipal Business Ban in New York City

                Troubles for Wells Fargo & Company (WFC) seem unlikely to end anytime soon. Recently, the bank was banned by The New York City Banking Commission from underwriting new bonds in the U.S. municipal bond market and renewing the existing contracts.

                  Wells Fargo Counters its Rivals by Raising Recruitment Bonus

                  In order to lure new advisers, Wells Fargo & Company (WFC) has planned to give higher recruitment bonuses to financial advisers.

                    Bank Stock Roundup: Lawsuit Resolutions Dominate, Wells Fargo, Citigroup in Focus

                    Over the last five trading days, performance of the banking stocks was relatively bullish.

                      Wells Fargo (WFC) Penalized by Court on Abusive Tax Shelter

                      Following a three-week trial in a federal court in Minnesota, the jury passed a verdict on Wells Fargo & Company (WFC). The bank has been penalized with a 20% negligence fine in relation to the foreign tax credits claimed on the basis of STARS

                        FDIC-Insured Banks' Q1 Earnings Impressive, Costs Flare Up

                        Federal Deposit Insurance Corporation (FDIC)-insured commercial banks and savings institutions reported first-quarter 2017 earnings of $44 billion, up 12.7% year over year.

                          Wells Fargo's Ratings Affirmed by Moody's, Outlook Stable

                          Moody's Investors Service affirmed all the ratings of Wells Fargo & Company (WFC) and its subsidiaries. The Wall Street biggie's long-term deposit rating has been affirmed at A2, senior debt rating at Aa2 and subordinated debt rating at Aa3.

                            R3 Consortium Raises $107M from Finance & Tech Companies

                            R3, a New York-based startup, which aims at building a blockchain-like technology for financial institutions, has raised $107 million in funds from over a dozen financial and technology companies.

                              Wells Fargo's (WFC) Underwriting Business Suffers a Decline

                              As a consequence of the fake accounts scandal Wells Fargo & Company (WFC) was involved in last year, its business in the U.S. municipal bond market has seen a fall, per a report issued by Thomson Reuters.

                                Benjamin Rains headshot

                                S&P 500, Industrial Giants Dip as Trump Controversies Continue

                                The three largest U.S. stock market indexes all fell on Wednesday as Washington D.C. turmoil regarding President Donald Trump and his administration ramped up yet again.

                                  Wells Fargo (WFC) Hit with Lawsuit on Discriminatory Charges

                                  In a federal lawsuit filed against Wells Fargo & Company (WFC) on Monday, the City of Philadelphia claimed that the bank was engaged in discriminatory lending practices.

                                    The Zacks Analyst Blog Highlights: Apple, Wells Fargo, Procter & Gamble, Goldman Sachs and General Motors

                                    The Zacks Analyst Blog Highlights: Apple, Wells Fargo, Procter & Gamble, Goldman Sachs and General Motors

                                      Stock Market News for May 15, 2017

                                      The S&P 500 and the Dow closed lower on Friday, dragged down by declines in bank and retail stocks

                                        Why Is Wells Fargo (WFC) Up 3.3% Since the Last Earnings Report?

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

                                          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