19-Apr-2024
Regulators said to revive bid to rein in Wall Street bonus payouts
Seeking Alpha News (Fri, 19-Apr 3:14 PM ET)
WFC Bullish Calendar Call Spread Looks Cheap at 35 Cents
Market Chameleon (Fri, 19-Apr 10:02 AM ET)
TipRanks (Wed, 17-Apr 5:10 AM ET)
NNN REIT bank credit facility increased by $100M to $1.2B
Seeking Alpha News (Tue, 16-Apr 4:44 PM ET)
Top 10 best-performing bank stocks of 2024 as earnings results roll in
Seeking Alpha News (Tue, 16-Apr 10:38 AM ET)
Wells Fargo, TradeSun enter pact on trade finance, compliance digitization
Seeking Alpha News (Tue, 16-Apr 10:08 AM ET)
TradeSun Announces an Agreement With Wells Fargo
Business Wire (Tue, 16-Apr 6:00 AM ET)
Wells Fargo: A Cautious Hold Amid Regulatory Challenges and Growth Constraints
TipRanks (Tue, 16-Apr 4:47 AM ET)
TipRanks (Tue, 16-Apr 12:20 AM ET)
Goldman Sachs stock climbs after Q1 earnings impress with core strength
Seeking Alpha News (Mon, 15-Apr 11:46 AM ET)
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.
Wells Fargo trades on the NYSE stock market under the symbol WFC.
As of April 19, 2024, WFC stock price climbed to $60.35 with 30,783,252 million shares trading.
WFC has a beta of 1.02, meaning it tends to be more sensitive to market movements. WFC has a correlation of 0.22 to the broad based SPY ETF.
WFC has a market cap of $211.33 billion. This is considered a Mega Cap stock.
Last quarter Wells Fargo reported $21 billion in Revenue and $1.20 earnings per share. This beat revenue expectation by $2 billion and exceeded earnings estimates by $.20.
In the last 3 years, WFC stock traded as high as $60.85 and as low as $35.25.
The top ETF exchange traded funds that WFC belongs to (by Net Assets): VTI, VOO, SPY, IVV, VTV.
WFC has outperformed the market in the last year with a price return of +47.4% while the SPY ETF gained +21.2%. WFC has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +30.7% and +6.5%, respectively, while the SPY returned +4.3% and -3.5%, respectively.
WFC support price is $58.02 and resistance is $59.46 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WFC stock will trade within this expected range on the day.