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 | $86.31 | $88.64 | $85.94 | $270.28B | 16.77M |
| eps |
price to earnings |
price to sales |
operating margin |
profit margin |
yield |
| +$1.68 | 14.25 | 13.01 | 32.23% | 26.17% | 2.08% |