Why Wells Fargo Is Moving Higher Wednesday

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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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Rajeshd2331
·2021-07-15
Ohh
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MeiQuen
·2021-07-15
Wahhh
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- ShanRan:
  yeah
  2021-07-15
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- Gee1:
  soar
  2021-07-15
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RoyLoy
·2021-07-15
Yes
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henghm
·2021-07-15
Like and comment
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1
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Porky9696
·2021-07-15
Latest
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- henghm:
  like and comment
  2021-07-15
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erickuekpc
·2021-07-15
Wahh ok
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- Valerie0214:
  ?
  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:
  Ok done
  2021-07-15
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- t0kiha:
  good
  2021-07-15
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- Mookey:
  Ok
  2021-07-15
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MN27
·2021-07-15
Like pls
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- schipperde:
  done
  2021-07-15
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- Ben0619:
  [Smile]
  2021-07-15
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