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Why Wells Fargo Is Moving Higher Wednesday

Benzinga Earnings2021-07-15

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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Comment(10)

  • Rajeshd2331
    ·2021-07-15
    Ohh
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    ·2021-07-15
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      2021-07-15
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      soar
      2021-07-15
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  • jian9182
    ·2021-07-15
    Hi
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      hi
      2021-07-15
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  • RoyLoy
    ·2021-07-15
    Yes
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  • henghm
    ·2021-07-15
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  • Porky9696
    ·2021-07-15
    Latest
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    • henghm: 
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      2021-07-15
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  • erickuekpc
    ·2021-07-15
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  • JayAnn
    ·2021-07-15
    ?
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    • 隨缘呗: 
      [微笑]
      2021-07-20
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  • sfleong1
    ·2021-07-15
    Like n comment
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    • TradeXedarT: 
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      2021-07-15
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      2021-07-15
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      2021-07-15
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  • MN27
    ·2021-07-15
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    • schipperde: 
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      2021-07-15
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    • Ben0619: 
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      2021-07-15
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