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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.
Is Invesco Large Cap Value ETF (PWV) a Strong ETF Right Now?
by Zacks Equity Research
Smart Beta ETF report for PWV
Zacks.com featured highlights Wells Fargo, NVIDIA and Vistra
by Zacks Equity Research
Wells Fargo, NVIDIA and Vistra have been highlighted in this Screen of The Week article.
Buy Momentum Stocks NVIDIA & Vistra as S&P 500 Aims for 7,000
by Tirthankar Chakraborty
NVIDIA and Vistra have been selected as the momentum picks for the day using the Driehaus strategy.
ETFs in Focus as Wall Street 2025 Stock Forecasts Hit New Heights
by Sanghamitra Saha
The Wall Street analysts have mixed views on Wall Street's expected performance in 2025. Some brokerage houses like Wells Fargo are bullish in their outlook.
Wells Fargo (WFC) Upgraded to Buy: What Does It Mean for the Stock?
by Zacks Equity Research
Wells Fargo (WFC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Wells Fargo (WFC) Is Up 0.28% in One Week: What You Should Know
by Zacks Equity Research
Does Wells Fargo (WFC) have what it takes to be a top stock pick for momentum investors? Let's find out.
Barclays to Pay $19.5M Penalty for $17.7B Excess Debt Sale
by Zacks Equity Research
BCS agrees to settle the lawsuit concerning securities fraud for overselling its debt securities by paying $19.5 million in charges.
Is It Worth Investing in Wells Fargo (WFC) Based on Wall Street's Bullish Views?
by Zacks Equity Research
According to the average brokerage recommendation (ABR), one should invest in Wells Fargo (WFC). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
Is Invesco S&P 500 Equal Weight Financials ETF (RSPF) a Strong ETF Right Now?
by Zacks Equity Research
Smart Beta ETF report for RSPF
Wells Fargo (WFC) Stock Slides as Market Rises: Facts to Know Before You Trade
by Zacks Equity Research
Wells Fargo (WFC) closed the most recent trading day at $75.28, moving -1.17% from the previous trading session.
BlackRock, State Street & Vanguard Face Antitrust Violation Lawsuit
by Zacks Equity Research
Texas and 10 other states accuse BLK, STT and Vanguard of committing antitrust violations and boosting energy prices by using their investment influence.
Wells Fargo Nears End of $1.95T Asset Cap Amid Regulatory Progress
by Zacks Equity Research
WFC is nearing the removal of its $1.95 trillion asset cap, which was imposed in 2018 following its significant regulatory progress.
Wells Fargo & Company (WFC) Is a Trending Stock: Facts to Know Before Betting on It
by Zacks Equity Research
Wells Fargo (WFC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Should You Invest in the Invesco KBW Bank ETF (KBWB)?
by Zacks Equity Research
Sector ETF report for KBWB
Wells Fargo (WFC) Rises Higher Than Market: Key Facts
by Zacks Equity Research
Wells Fargo (WFC) closed at $76.90 in the latest trading session, marking a +1.24% move from the prior day.
PNC Financial & GTreasury Team Up to Boost Digital Treasury Services
by Zacks Equity Research
PNC announces partnership with GTreasury to streamline treasury operations, increase efficiencies and reduce the complexities of managing multiple platforms.
JPMorgan Soars 9.6% in a Month: Can JPM Stock's Momentum Continue?
by Swayta Shah
JPM stock's rally continues this year. Read on to know whether the momentum will stay alive into the next year and what you should do with the stock.
Senator Urges Fed to Maintain Asset Cap on WFC Over Compliance Issues
by Zacks Equity Research
Warren appealed to the Fed to keep the asset cap until Wells Fargo proves capable of handling the risks associated with managing a large institution.
Wells Fargo (WFC) Stock Dips While Market Gains: Key Facts
by Zacks Equity Research
In the closing of the recent trading day, Wells Fargo (WFC) stood at $74.09, denoting a -0.34% change from the preceding trading day.
Wells Fargo Hits 52-Week High: Is WFC Stock Worth Considering?
by Zacks Equity Research
WFC hits 52-week high, driven by deposit growth, solid balance sheet and cost management. Yet, lower loan balance & declining mortgage banking income are woes.
The PNC Financial Services Group (PNC) Up 10.2% Since Last Earnings Report: Can It Continue?
by Zacks Equity Research
The PNC Financial Services Group (PNC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Why Is The PNC Financial Services Group (PNC) Up 10.2% Since Last Earnings Report?
by Zacks Equity Research
The PNC Financial Services Group (PNC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Investors Heavily Search Wells Fargo & Company (WFC): Here is What You Need to Know
by Zacks Equity Research
Zacks.com users have recently been watching Wells Fargo (WFC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
PNC Financial to Invest Additional $500M to Double Branch Openings
by Zacks Equity Research
PNC plans to invest an additional $500 million to double its branch openings and renovate 1,400 locations over the next five years.
Stock Market News for Nov 7, 2024
by Zacks Equity Research
U.S. stocks rallied on Wednesday, with major indexes closing at record highs, following Donald Trump's historic victory in the 2024 U.S. Presidential election, four years after he lost the race to the White House.