DinoLim
2022-05-31

$Wells Fargo(WFC)$Wells Fargo & Company is a financial services company. The Company provides a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through banking locations and offices, the Internet (www.wellsfargo.com) and other distribution channels to individuals, businesses and institutions in states, the District of Columbia and in countries outside the United States. The Company provides consumer financial products and services, including checking and savings accounts, credit and debit cards, and auto, mortgage and home equity, and small business lending. In addition, the Company offers financial planning, private banking, investment management, and fiduciary services. The Company also provides financial solutions to businesses through products and services including traditional commercial loans and lines of credit, letters of credit, asset-based lending, trade financing, treasury management, and investment banking services.

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Comments

  • CrystalRose
    2022-05-31
    CrystalRose
    Interesting to note is how these major banks have performed the past 5 months in an environment of increasing interest rates. You see higher interest rates makes banks profits higher due to a higher spreads in the rates when they lend. Yet they have dropped considerably.
  • MyrnaNorth
    2022-05-31
    MyrnaNorth
    When interest rates are going up, I always think it’s a good idea to take a closer look at bank stocks to buy. That’s because they have a better chance of turning a profit in a rising interest rate environment.
  • CatherineGunter
    2022-05-31
    CatherineGunter
    I was buying, and firmly believe the asset caps are coming VERY soon and in short order. Im willing to take that risk for that kind of reward.
  • Tracccy
    2022-05-31
    Tracccy
    I'd rather buy Singapore bank😋
  • JuliusGoldsmith
    2022-05-31
    JuliusGoldsmith
    Good profile. But I think it may drop again...
  • SuccesInvst
    2022-05-31
    SuccesInvst
    Tks for sharing 👍
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