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Wells Fargo & Company (WFC)

(Delayed Data from NYSE)

$59.94 USD

59.94
17,297,766

+0.11 (0.18%)

Updated May 3, 2024 04:00 PM ET

After-Market: $59.91 -0.03 (-0.05%) 7:58 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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1-Strong Buy of 5 1        

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 D Growth A Momentum D 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 16% (41 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.

Best Momentum Stocks to Buy for April 17th

BYRN, WFC and SAND made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 17, 2023.

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Bank ETFs in Focus on Mixed Q1 Earnings

While most big banks beat on both lines in the first-quarter earnings season, higher rates may weigh on the financial ETFs over the medium term.

Northern Trust (NTRS) Q1 Earnings Beat, Revenues Fall Y/Y

A rise in fee income, as well as increasing AUC and AUM balances offer support to Northern Trust's (NTRS) Q1 earnings. However, a fall in NII and higher expenses affected the results to some extent.

PNC Financial (PNC) Q1 Earnings Beat Estimates, Costs Rise

PNC Financial's (PNC) Q1 earnings reflect an improvement in deposit balances, alongside lower provisions. However, challenges emerge with lower net interest income and higher expenses.

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5 Hot ETFs of a Tumultuous Week

Overall, ETFs pulled in $24.5 million in capital last week, taking year-to-date inflows to $196.4 billion.

BofA (BAC) Q1 Earnings Beat on Strength in IB and Trading

BofA (BAC) records a decline in revenues and higher expenses in the first quarter of 2024.

BNY Mellon (BK) Q1 Earnings Beat on Higher Fee Income & AUM

An increase in fee income and solid improvement in AUM and AUC/A balances support BNY Mellon's (BK) Q1 earnings, while lower NIR and a rise in expenses act as undermining factors.

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4 Top-Performing ETF Areas of Last Week

There was a growing unease on Wall Street last week, caused by disappointing corporate updates from major banks, reigniting concerns about persistent inflation and the likelihood of sustained elevated interest rates.

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5 Beaten-Down Top-Ranked Stocks to Buy in S&P 500 ETF

The S&P 500 logs its worst week since October 2023. The beaten-down stocks, having a solid Zacks Rank #2 (Buy), offer a good entry point.

M&T Bank (MTB) Q1 Earnings Miss Estimates, Expenses Rise Y/Y

A decline in revenues and higher expenses hurt M&T Bank's (MTB) Q1 earnings. However, a solid loan and deposit balance offer some support.

Goldman (GS) Q1 Earnings Beat Estimates, Revenues Rise Y/Y

Goldman's (GS) Q1 earnings reflect higher revenues in all segments. However, challenges emerge with higher expenses and provisions.

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

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

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4 Best Inverse/Leveraged ETF Areas of Last Week

There was growing uneasiness on Wall Street last week, caused by disappointing corporate updates from major banks, reigniting concerns about persistent inflation and the likelihood of sustained elevated interest rates.

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The Q1 Earnings Season Kicks off Positively

We see the Q1 results from the major banks as good enough; not great, but definitely not bad either. Next week, the cycle picks up notable steam, with 41 S&P 500 companies on the reporting docket. How will the market react?

Wells Fargo (WFC) Q1 Earnings Surpass Estimates, Costs Rise

Wells Fargo (WFC) Q1 earnings reflect higher revenues and improved deposit balances, alongside lower provisions. However, challenges emerge with lower net interest income and growing expenses.

Big Banks Open Q1 Earnings Season

Big Banks Open Q1 Earnings Season.

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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?