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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.
Wells Fargo (WFC) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed at $36.23 in the latest trading session, marking a -1.04% move from the prior day.
Wells Fargo (WFC) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed at $36.61 in the latest trading session, marking a -1.59% move from the prior day.
Is Wells Fargo (WFC) a Buy as Wall Street Analysts Look Optimistic?
by Zacks Equity Research
The average brokerage recommendation (ABR) for Wells Fargo (WFC) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
Wells Fargo (WFC) Gains But Lags Market: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed the most recent trading day at $39.30, moving +1.16% from the previous trading session.
Stock Market News for Mar 10, 2023
by Zacks Equity Research
Wall Street closed sharply lower on Thursday, led by a massive selloff in banks and financial stocks, while investors awaited the key February employment data that could help them gauge how large the interest rate hike could be in the Fed's next policy meeting.
Wells Fargo (WFC) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, Wells Fargo (WFC) closed at $43.84, marking a -1.37% move from the previous day.
Brokers Suggest Investing in Wells Fargo (WFC): Read This Before Placing a Bet
by Zacks Equity Research
Based on the average brokerage recommendation (ABR), Wells Fargo (WFC) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
Wells Fargo (WFC) Stock Moves -0.19%: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed the most recent trading day at $46.68, moving -0.19% from the previous trading session.
Wells Fargo (WFC) Reduces Mortgage Workforce on Strategy Rejig
by Zacks Equity Research
Wells Fargo (WFC) is eliminating more than 500 jobs from its mortgage unit workforce due to the company stepping back from the mortgage business.
Wells Fargo (WFC) Gains But Lags Market: What You Should Know
by Zacks Equity Research
In the latest trading session, Wells Fargo (WFC) closed at $46.25, marking a +0.52% move from the previous day.
Wells Fargo (WFC) Gains As Market Dips: What You Should Know
by Zacks Equity Research
In the latest trading session, Wells Fargo (WFC) closed at $47.49, marking a +0.57% move from the previous day.
The PNC Financial Services Group, Inc (PNC) Up 7% Since Last Earnings Report: Can It Continue?
by Zacks Equity Research
The PNC Financial Services Group, Inc (PNC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Should You Invest in the First Trust NASDAQ Bank ETF (FTXO)?
by Zacks Equity Research
Sector ETF report for FTXO
U.S. Bancorp (USB) Q4 Earnings Top on Higher NII, Provisions Up
by Zacks Equity Research
Rise in loan balance, higher interest rates and the MUFG Union Bank acquisition support U.S. Bancorp's (USB) Q4 earnings. Yet, lower fee income and an increase in expenses and provisions are headwinds.
Financial ETFs Down on Mixed Earnings
by Sanghamitra Saha
Three out of six big U.S. banks were able to beat overall this earnings season.
Northern Trust (NTRS) Down on Q4 Earnings & Revenue Miss
by Zacks Equity Research
Dismal fee income performance and higher provisions and non-interest expenses hurt Northern Trust's (NTRS) Q4 earnings.
Zacks Earnings Trends Highlights: JPMorgan, Bank of America and Wells Fargo
by Zacks Equity Research
JPMorgan, Bank of America and Wells Fargo are part of the Zacks Earnings Trends article.
A Good Enough Start to the Q4 Earnings Season
by Sheraz Mian
We are off to a good-enough start to the 2022 Q4 season, with no signs yet of an impending earnings cliff that will prompt management teams to overwhelmingly guide lower. That said, companies appear to be struggling to beat consensus estimates...
A Good Enough Start to the Q4 Earnings Season
by Sheraz Mian
We are off to a good-enough start to the 2022 Q4 season, with no signs yet of an impending earnings cliff that will prompt management teams to overwhelmingly guide lower. That said, companies appear to be struggling to beat consensus estimates...
The Zacks Analyst Blog Highlights Nike, Novartis, Wells Fargo, Broadcom and Anheuser-Busch
by Zacks Equity Research
Nike, Novartis, Wells Fargo, Broadcom and Anheuser-Busch are part of the Zacks top Analyst Blog.
3 Top Picks From a Hot Transportation Industry
by Derek Lewis
All up over 100% over the last year, these three stocks look to continue rewarding shareholders on the back of improved earnings outlooks.
Top Stock Reports for NIKE, Novartis & Wells Fargo
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including NIKE, Inc. (NKE), Novartis AG (NVS) and Wells Fargo & Company (WFC).
Goldman (GS) Q4 Earnings Lag Estimates as IB Revenues Crash
by Zacks Equity Research
Muted IB business on a slump in deal-making activities and higher provisions hurt Goldman's (GS) Q4 earnings.
Company News for Jan 17, 2023
by Zacks Equity Research
Companies in The News Are: C, WFC, SJR, BK
Citizens Financial (CFG) Q4 Earnings Top on NII, Provisions Hurt
by Zacks Equity Research
Higher interest rates and robust loan balance support Citizens Financial's (CFG) Q4 earnings, while a fall in non-interest income and higher expenses and provisions are headwinds.