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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.
ETFs to Gain on Renewed Market Optimism
by Sweta Jaiswal, FRM
The Wall Street rally is expected to continue on optimism surrounding the vaccine full FDA approval and chances of peaking delta variant cases, which point to recovery from the pandemic-induced slump.
Deutsche Bank's (DB) DWS Scrutinized Over Sustainability Claims
by Zacks Equity Research
U.S. authorities probe Deutsche Bank's (DB) unit, DWS Group, over overstating the use of sustainable investing criteria to manage its assets.
Stock Market News for Aug 26, 2021
by Zacks Equity Research
Wall Street closed higher on Wednesday buoyed by strong earnings results and better-than-expected economic data.
Major Regional Banks Outperform S&P 500 YTD: 3 Stocks to Watch
by Devyani Chamria
Major banks like WFC, FITB and USB are poised to benefit from loan growth, high consumer spending and economic recovery amid low interest rates and fading fee-income growth catalysts.
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 $49.29, marking a +1.92% move from the previous day.
SeaWorld, JD.com, Wells Fargo, JP Morgan and Morgan Stanley highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
SeaWorld, JD.com, Wells Fargo, JP Morgan and Morgan Stanley highlighted as Zacks Bull and Bear of the Day
Wells Fargo (WFC) & JP Morgan (JPM) File for Bitcoin Fund
by Zacks Equity Research
Wells Fargo (WFC) and JP Morgan (JPM) are exploring the cryptocurrency arena, courtesy of clients' heightening interest and inquisitiveness to occupy positions in the same.
Wells Fargo (WFC) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed at $47.25 in the latest trading session, marking a -1.5% move from the prior day.
Wells Fargo (WFC) Discards Plan to End Personal Line of Credit
by Zacks Equity Research
After facing public backlash, Wells Fargo (WFC) plans to withdraw its previous decision to close personal lines of credit. However, new customers will not have access to the lines of credit.
Wells Fargo (WFC) Up 13.7% Since Last Earnings Report: Can It Continue?
by Zacks Equity Research
Wells Fargo (WFC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Top Research Reports for Tesla, Disney & Wells Fargo
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including Tesla, Inc. (TSLA), The Walt Disney Company (DIS), and Wells Fargo & Company (WFC).
Top Stock Picks for Week of JULY 23, 2021
by Anup Sadhu
Top Stock Picks for Week of JULY 23, 2021
Netflix, Johnson & Johnson, JPMorgan, Citigroup and Wells Fargo are part of Zacks Earnings Preview
by Zacks Equity Research
Netflix, Johnson & Johnson, JPMorgan, Citigroup and Wells Fargo are part of Zacks Earnings Preview
Q2 Earnings Reports Confirm Economic Boom Ahead
by Sheraz Mian
We are off to a great start in the Q2 earnings season, with 2021 Q2 earnings projected to climb 14.5% above the comparable pre-Covid 2019 period...
Bank Stock Roundup: JPM, WFC, BAC, C, TFC & PNC in Focus as Q2 Earnings Start
by Swayta Shah
Q2 earnings begin on a positive note with major banks like JPMorgan (JPM), BofA (BAC), Citi (C), Wells Fargo (WFC), PNC Financial (PNC) & Truist (TFC) outpacing estimates, mainly driven by reserve releases and decent fee income performance.
Top Stock Picks for Week of JULY 15, 2021
by Anup Sadhu
Top Stock Picks for Week of JULY 15, 2021
Company News for Jul 15, 2021
by Zacks Equity Research
Companies In The News Are: WFC, AAPL, MSFT, CMP
Wells Fargo (WFC) Q2 Earnings and Revenues Beat Estimates
by Zacks Equity Research
Wells Fargo (WFC) delivered earnings and revenue surprises of 45.26% and 14.02%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Wells Fargo (WFC) Q2 Earnings Beat on Fee Income Growth
by Zacks Equity Research
Wells Fargo's (WFC) Q2 earnings benefit from solid non-interest income and improved asset quality, despite a low-rate economy which hurt the NII.
PPI for June Came in Higher-than-Expected
by Zacks Equity Research
PPI for June Came in Higher-than-Expected
PPI +1.0%; Powell Still Defies Inflation
by Mark Vickery
The Producer Price Index (PPI), like yesterday's CPI, is also running hotter than anticipated: +1.0% versus the +0.6% estimate.
JPMorgan (JPM) Q2 Earnings Beat on Reserve Release, IB Fees
by Zacks Equity Research
Robust IB performance, slight rise in demand for loans and big credit release aid JPMorgan's (JPM) Q2 earnings amid lower interest rates, and dismal trading and mortgage banking performance.
Decent Investment Banking to Support BofA (BAC) Q2 Earnings
by Zacks Equity Research
Amid lower rates, weak lending scenario and dismal trading activities, decent investment banking performance might have supported BofA's (BAC) Q2 earnings to some extent.
Markets Await Earnings and Economic Data
by Zacks Equity Research
Markets Await Earnings and Economic Data
Big Week Ahead for Q2 Earnings, Economic Data
by Mark Vickery
Q2 earnings season unofficially begins this week, with reports anticipated from some of the biggest companies on Wall Street.