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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) Dips More Than Broader Markets: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed the most recent trading day at $44.63, moving -1.85% from the previous trading session.
Wells Fargo (WFC) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed the most recent trading day at $45.12, moving +0.67% from the previous trading session.
Wells Fargo (WFC) Stock Moves -0.26%: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed the most recent trading day at $45.77, moving -0.26% from the previous trading session.
The Zacks Analyst Blog Highlights Tesla, Procter & Gamble, Bristol-Myers Squibb, Wells Fargo and Intuit
by Zacks Equity Research
Tesla, Procter & Gamble, Bristol-Myers Squibb, Wells Fargo and Intuit have been included in this Analyst Blog.
Top Stock Reports for Tesla, Procter & Gamble & Bristol-Myers Squibb
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including Tesla, Inc. (TSLA), The Procter & Gamble Company (PG), and Bristol-Myers Squibb Company (BMY).
Is First Trust NASDAQ Bank ETF (FTXO) a Strong ETF Right Now?
by Zacks Equity Research
Smart Beta ETF report for FTXO
Wells Fargo (WFC) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, Wells Fargo (WFC) closed at $44.12, marking a +1.92% move from the previous day.
JPMorgan's Rally Puts the Spotlight on Banking ETFs
by Sweta Jaiswal, FRM
Let's consider some banking ETFs that can be great investment options amid the current U.S. economic conditions and an expected interest rate hike in June.
JPMorgan (JPM) Jumps 6.2% on Bullish Profit & Economic Picture
by Zacks Equity Research
JPMorgan (JPM) gains 6.2% after providing an optimistic picture of the U.S. economy and its own financial health as it lifts the NII target on higher interest rates and rising loan demand.
Top Stock Reports for Alphabet, UnitedHealth & Costco
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including Alphabet Inc. (GOOGL), UnitedHealth Group Incorporated (UNH), and Costco Wholesale Corporation (COST).
Wells Fargo (WFC) Unit Settles Anti-Money Laundering Charges
by Zacks Equity Research
Wells Fargo's (WFC) subsidiary agrees to pay $7 million for the settlement of anti-money laundering rules violation.
Keep an Eye on JPMorgan (JPM) Stock Ahead of Investor Day
by Swayta Shah
JPMorgan (JPM) is hosting the Investor Day conference on Monday. One must look out for comments related to revenues, expenses and the impact of the current macroeconomic and geopolitical factors on its financials before making any investment decision.
Wells Fargo (WFC) Stock Moves -0.26%: What You Should Know
by Zacks Equity Research
In the latest trading session, Wells Fargo (WFC) closed at $42, marking a -0.26% move from the previous day.
Should You Hold Wells Fargo (WFC) Stock After Buffett's Exit?
by Zacks Equity Research
Berkshire Hathaway (BRK.B) sells $32.4-million stake in Wells Fargo (WFC) as the latter's regulatory issues pile up over the years.
Oxford Industries and Rockwell Automation have been highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Oxford Industries and Rockwell Automation are part of the Zacks Bull and Bear of the Day blog.
Should You Invest in the First Trust NASDAQ Bank ETF (FTXO)?
by Zacks Equity Research
Sector ETF report for FTXO
Will Buffett's Bet on Citi (C) Drive the Stock's Market Confidence?
by Devyani Chamria
Let's delve into what has attracted Berkshire's investment in Citigroup (C) and how is the banking giant poised.
Bank of America (BAC) Penalized $10M for Illegal Garnishments
by Zacks Equity Research
Bank of America (BAC) needs to pay a penalty of $10 million for processing illegal, out-of-state garnishment orders against customer bank accounts, violating state laws.
Should You Invest in the Invesco KBW Bank ETF (KBWB)?
by Zacks Equity Research
Sector ETF report for KBWB
The Zacks Analyst Blog Highlights UnitedHealth Group, Danaher, Wells Fargo, Vertex Pharmaceuticals and Canadian Pacific Railway
by Zacks Equity Research
UnitedHealth Group, Danaher, Wells Fargo, Vertex Pharmaceuticals and Canadian Pacific Railway have been included in this Analyst Blog.
Q1 Scorecard and Analyst Reports for UnitedHealth, Danaher & Wells Fargo
by Sheraz Mian
Today's Research Daily features Q1 earnings season scorecard and fresh reports on UnitedHealth(UNH), Danaher (DHR), Wells Fargo (WFC) & others.
Stocks Slip on Monday as the Markets Brace for a Big Earnings Week
by Madeleine Johnson
Rising inflation, climbing Treasury yields, and mixed earnings results from the big banks were the main factors driving the market last week.
Truist (TFC) Q1 Earnings Beat on Provision Benefit, Higher Loans
by Zacks Equity Research
Provision benefits and rise in demand for loans support Truist's (TFC) Q1 earnings. A decline in the top line and higher costs act as undermining factors.
F.N.B. Corp (FNB) Stock Dips Despite Q1 Earnings Beat, Costs Up
by Zacks Equity Research
F.N.B. Corp (FNB) records a rise in revenues and expenses in the first quarter of 2022.
BofA (BAC) Up as Q1 Earnings Beat on Solid Lending, Lower Costs
by Zacks Equity Research
Higher loan balance, rise in rates and solid consumer banking business support BofA's (BAC) Q1 earnings, while dismal trading and investment banking performance act as the undermining factors.