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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.
JPMorgan (JPM) to Expand Into Georgia, Open 40 Branches
by Zacks Equity Research
JPMorgan's (JPM) plan to expand into newer areas by opening retail branches will support revenue growth over the long run.
Yield Curve Inverts Again: What Does This Mean for Banks?
by Swayta Shah
Inversion of yield curve, which indicates impending slowdown in economy or recession, is bad news for banks. It not only hurts interest income but also may affect financials.
Wells Fargo (WFC) Stock Moves -0.24%: What You Should Know
by Zacks Equity Research
In the latest trading session, Wells Fargo (WFC) closed at $45.48, marking a -0.24% move from the previous day.
Noodles & Company, Wells Fargo, Veeva Systems, Workday and Palo Alto Networks highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Noodles & Company, Wells Fargo, Veeva Systems, Workday and Palo Alto Networks highlighted as Zacks Bull and Bear of the Day
Bear Of The Day: Wells Fargo (WFC)
by Daniel Laboe
Wells Fargo (WFC) has been through the wringer over the last 2 and a half years, with their name consistently in news headlines associated with scandals and fraudulent activity.
Should Value Investors Choose Wells Fargo (WFC) Stock Now?
by Zacks Equity Research
Let's see if Wells Fargo (WFC) stock is a good choice for value-oriented investors right now from multiple angles.
Wells Fargo (WFC) Stock Moves -0.42%: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed the most recent trading day at $45.51, moving -0.42% from the previous trading session.
Are You Looking for a High-Growth Dividend Stock? Wells Fargo (WFC) Could Be a Great Choice
by Zacks Equity Research
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Wells Fargo (WFC) have what it takes? Let's find out.
Stock Buyback Frenzy: Was This An Effective Use of Capital?
by Daniel Laboe
A record number of firms were repurchasing their own shares off the public market in an attempt to utilize cash effectively. Was this the most effective use of the economies surge in corporate cash?
Wells Fargo's New CEO Candidate to be Reviewed by Regulators
by Zacks Equity Research
Well Fargo's (WFC) search for new CEO gets further complicated as regulators plan to review the candidates.
Stock Buyback Frenzy: How This Will Effect You
by Daniel Laboe
Corporate stock repurchases are at all-time highs with high cash-flows, and low Q4 valuations being a key catalyst.
Stock Buyback Frenzy: May Be Adverse To Long-Term Objectives
by Daniel Laboe
Stock buybacks have been prolific in the past 15 months. This aggressive repurchase strategy might not be as beneficial as the market wants us to believe.
Wells Fargo (WFC) Down 1.2% Since Last Earnings Report: Can It Rebound?
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.
Bank Stock Roundup: Trade War & Recession Concerns Linger, WFC, C, JPM in Focus
by Swayta Shah
Intensifying trade tension and recession fears hurt bank stocks over the last five trading sessions.
Wells Fargo to Better Meet Regulatory Demands With New Unit
by Zacks Equity Research
The introduction of the new operations unit acts as a milestone in Wells Fargo's (WFC) efforts to overhaul its risk controls measures.
Wells Fargo Might Refund Fees Wrongly Charged to Some Clients
by Zacks Equity Research
Wells Fargo (WFC) continues to undertake review of its various operations in order to clear its image that was harmed by the sales scandal in 2016.
Are You Looking for a High-Growth Dividend Stock? Wells Fargo (WFC) Could Be a Great Choice
by Zacks Equity Research
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Wells Fargo (WFC) have what it takes? Let's find out.
Zacks Earnings Trends Highlights: JPMorgan, Citigroup, Goldman Sachs and Wells Fargo
by Zacks Equity Research
Zacks Earnings Trends Highlights: JPMorgan, Citigroup, Goldman Sachs and Wells Fargo
Earnings Picture Good, Not Great
by Sheraz Mian
The market's favorable reaction to otherwise mixed Q1 results suggests that many in the market feared a much weaker showing.
Earnings Picture Good, Not Great
by Sheraz Mian
The market's favorable reaction to otherwise mixed Q1 results suggests that many in the market feared a much weaker showing.
The Zacks Analyst Blog Highlights: Wells Fargo, UnitedHealth, Merck, Schwab and Raytheon
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Wells Fargo, UnitedHealth, Merck, Schwab and Raytheon
ETFs & Stocks for a Greener Earth & Portfolio
by Sanghamitra Saha
These ETFs and stocks are associated with clean energy production and usages and thus deserve a look on Earth Day.
Banking Earnings Mixed, ETFs Gain Moderately
by Sanghamitra Saha
Banking earnings have been pretty mixed so far in the first quarter but the related ETFs have gained in the key reporting spell.
Citizen Financial's (CFG) Q1 Earnings Top, Expenses Flare Up
by Zacks Equity Research
Citizens Financial's (CFG) Q1 earnings reflect expansion in net interest margin and higher fee income, partially offset by escalating expenses and provisions.
Regions Financial's (RF) Q1 Earnings Improve Y/Y, Revenues Up
by Zacks Equity Research
Regions Financial's (RF) Q1 earnings reflect expansion in net interest margin and lower expenses, partially offset by declining fee income.