A lot of the past issues, the old scandals and regulatory problems, are being put in the rear-view mirror. Wells Fargo has been making a real effort to clean up shop, and it's starting to pay off. The biggest news is that the Fed removed that asset cap, which was a huge shackle on their ability to grow. Now they can start using their full balance sheet to increase commercial deposits and expand their trading operations. To the moon! 🚀
Wells Fargo
WFC
NYSE
IPO1962
about WFC
Wells Fargo is a diversified financial services company that offers a wide range of banking, investment, mortgage, and lending products and services to individuals, small businesses, and large institutions through its extensive network of branches and digital platforms.
| type | open | high | low |
market cap |
volume |
|---|---|---|---|---|---|
| stock | $87.06 | $87.30 | $85.78 | $272.10B | 6.63M |
| eps |
price to earnings |
price to sales |
operating margin |
profit margin |
yield |
| +$1.61 | 15.14 | 13.63 | 30.92% | 26.52% | 2.07% |