Wells Fargo & Co
WFC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| N<@ | LOCK|$Zt | LOCK|d<rHf> |
Wells Fargo Earnings: A Slow Start to the Post-Asset-Cap Chapter, but No Alarm Bells Are Ringing
Wells Fargo reported softer-than-anticipated first-quarter results on April 14, sending shares downward by roughly 5%. While management reaffirmed its full-year guidance, investors seem to be calling its bluff, particularly on net interest income and potential credit quality.
