Wells Fargo & Company (WFC) Rises 1.01%

Wells Fargo & Company (WFC) Rises 1.01%

Wells Fargo & Company is a Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets.

Among the biggest risers on the S&P 500 on Thursday February 18 was Wells Fargo & Company ($WFC), popping some 1.01% to a price of $36.96 a share with some 43.23 million shares trading hands.

Starting the day trading at $36.44, Wells Fargo & Company reached an intraday high of $37.36 and hit intraday lows of $36.18. Shares gained $0.37 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 4.14 billion share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $20.77 to $48.12.

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 three segments for reporting purposes: community banking; wholesale banking; and wealth and investment management. The community banking segment serves consumers and small businesses with products including deposit accounts, credit and debit cards, and student, mortgage, and home equity loans. Wholesale banking includes corporate and commercial real estate lending, asset-based lending and trade financing, merchant services, and capital markets businesses. Wealth and investment management includes advisory, brokerage, retirement, and trust services.

Wells Fargo & Company has its corporate headquarters located in San Francisco, CA and employs 262,800 people. Its market cap has now risen to $153.16 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B 0.94, and P/FCF n/a.

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