A Wells Fargo bank office is seen in Washington, D.C., the United States, July 13, 2021. (Photo by ... [+] Liu Jie/Xinhua via Getty Images)Xinhua News Agency via Getty ImagesWells Fargo’s stock (NYSE: WFC) has gained 18% YTD as compared to the 10% rise in the S&P500 index over the same period. Further, at its current price of $58 per share, the stock is trading 3% above its fair value of $56 – Trefis’ estimate for Wells Fargo’s valuation. Amid the current financial backdrop, WFC stock has seen extremely str ...

Wells Fargo (WFC) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this biggest U.S. mortgage lender have returned +8.4% over the past month versus the Zacks S&P 500 composite's +5.3% change. The Zacks Banks - Major Regional industry, to which Wells Fargo & Company belongs, has gained 9.7% over this period. Now the key question is: Where could the stock be headed in the near t ...

Wells Fargo (WFC) closed at $57.30 in the latest trading session, marking a +0.51% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.89%. Elsewhere, the Dow saw an upswing of 1.03%, while the tech-heavy Nasdaq appreciated by 1.25%.Heading into today, shares of the biggest U.S. mortgage lender had gained 10.12% over the past month, outpacing the Finance sector's gain of 3.13% and the S&P 500's gain of 3.56% in that time.Market participants will be closely following the ...

Wells Fargo & Company (WFC) continues to benefit from cost-efficiency initiatives, deposit growth and a solid liquidity profile. However, declining revenues due to business divestitures and volatile fee income are headwinds. Lower loan balance due to asset cap and declining mortgage banking income are other major drags.Wells Fargo continues to build on its deposit base, which witnessed a three-year (ended 2023) compound annual growth rate (CAGR) of 1.1%. A large base of retail clients and a favorable deposi ...

In the latest market close, Wells Fargo (WFC) reached $57.61, with a +0.91% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.12%. Elsewhere, the Dow gained 0.61%, while the tech-heavy Nasdaq added 1.54%.The biggest U.S. mortgage lender's stock has climbed by 16.7% in the past month, exceeding the Finance sector's gain of 4.07% and the S&P 500's gain of 2.06%.Market participants will be closely following the financial results of Wells Fargo in its upcom ...

Wells Fargo (WFC) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this biggest U.S. mortgage lender have returned +18.8%, compared to the Zacks S&P 500 composite's +2.7% change. During this period, the Zacks Banks - Major Regional industry, which Wells Fargo falls in, has gained 8.3%. The key question now is: What could be the stock's future direct ...

Richer rewards, new transfer partners and access to exclusive concert experiences create a card to challenge the categorySAN FRANCISCO, March 6, 2024 /PRNewswire/ -- Wells Fargo & Company (NYSE: WFC) announced today a new addition to the celebrated Autograph rewards card suite: Wells Fargo Autograph Journey℠ Visa® Card. Autograph Journey is designed for frequent travelers and complements Wells Fargo's other consumer credit cards offering customers real, transparent value no matter what they're looking for i ...

In the latest trading session, Wells Fargo (WFC) closed at $55.81, marking a +1.36% move from the previous day. The stock's performance was ahead of the S&P 500's daily loss of 0.12%. Meanwhile, the Dow experienced a drop of 0.25%, and the technology-dominated Nasdaq saw a decrease of 0.41%.Shares of the biggest U.S. mortgage lender witnessed a gain of 12% over the previous month, beating the performance of the Finance sector with its gain of 3.94% and the S&P 500's gain of 4.83%.Analysts and investors alik ...

Wells Fargo (WFC) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this biggest U.S. mortgage lender have returned +7.1% over the past month versus the Zacks S&P 500 composite's +4% change. The Zacks Banks - Major Regional industry, to which Wells Fargo belongs, has gained 3.7% over this period. Now the key question is: Where could the stock be headed in t ...

SAN FRANCISCO--(BUSINESS WIRE)--When asked how Americans are faring financially, most admitted to having to make major adjustments due to the economy, according to the inaugural Wells Fargo Money Study. Two-thirds (67%) of Americans say that they’ve cut back on spending, and almost half (45%) say they’ve put some life plans on hold. A third (35%) have dipped into their savings or investments. And almost two thirds (62%) say that even though they are able to pay their bills, they have little left over for “e ...