Why Wells Fargo Is Moving Higher Wednesday

Benzinga2021-07-15

Wells Fargo & Company (NYSE:WFC) shares are trading higher after the company reported better-than-expected EPS and sales results.

The company reported second-quarter earnings per share results of $1.38, which beat the $0.97 estimate, and sales results of $20.27 billion, which beat the $17.75 billion estimate.

Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company is split into four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management.

Wells Fargo's stock was trading about 4.5% higher at $44.74 per share on Wednesday. The stock has a 52-week high of $48.13 and a 52-week low of $20.76.

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Comments

Rajeshd2331
2021-07-15
Rajeshd2331
Ohh
MeiQuen
2021-07-15
MeiQuen
Wahhh
- ShanRan:
  yeah
- Gee1:
  soar
jian9182
2021-07-15
jian9182
Hi
- jian9182:
  hi
RoyLoy
2021-07-15
RoyLoy
Yes
henghm
2021-07-15
henghm
Like and comment
Porky9696
2021-07-15
Porky9696
Latest
- henghm:
  like and comment

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