NYSE:WFC
Wells Fargo (WFC)
82.65
+0.26 (0.32%)
as of Oct 26, 2026, 8:00:00 pm Market Closed.
241 watching
Financials 
Technical Analysis 0
WEAK BUY
If you have to hold a bank, this is relatively well positioned. Buffet is a massive holder of this one. He does not follow any of the Canadian banks. WFC-T is probably one of the better banks in the US.
Jason Del VicarioOwned
banks
DON'T BUY
WFC vs. BAC A lot of banks have started to perform. Doesn't own either of these. Both have same price to book. WFC has a slightly higher dividend yield of 3.8%, whereas BAC is 2.2%. The fraudulent accounts scandal is still hurting the WFC brand. WFC revenue relies heavily on the yield curve. He prefers BAC, as they're a little more diversified with their capital markets division.
banks
PAST TOP PICK
(A Top Pick Nov 08/18, Up 5%) He bought this as the company has been under pressure following issues with their customers. They finally hired a new CEO, who was accepted by the market. There have been growth constraints placed on them by regulators and now they seem to be getting their act together. It is starting to follow the other US banks. He is happy to continue to hold.
Norman LevineOwned
banks
TOP PICK
It is a money-centered, large bank in the US. It was an amazing bank but in recent years they got caught cross selling things to people that they should not have. They had a change in management. He hopes earnings growth will start again under this new management. (Analysts’ price target is $49.80)
Norman LevineOwned
banks
DON'T BUY
US banks have popped in last few days. He's underweight US banks. Still reeling from accounting scandal. Technicals are weak. Barely above the 200-day moving average. Flattening yield curve affecting it negatively. Net interest margins are weak. Value play, dividend is nice. Growth and total return weak.
banks
DON'T BUY
It had issues with management. The US banking sector has been under pressure from the interest rate side. It is not a sector he is diving into. MS-N has the wealth management part of the business.
Jamie Murray No
banks
HOLD
Every bank will struggle in a flat yield curve as they borrow short term and lend long term. They also have other products to help against this. WFC-N has made some mistakes that has gotten them in trouble, but they will need a new CEO to change favour. They hold it and will continue to do so.
Norman LevineOwned
banks
TOP PICK
He likes that there is still a dark cloud hanging over them -- a contrarian pick. They currently are without a CEO, but that will get resolved in the near future. Yield 3.78% (Analysts’ price target is $51.48)
Norman LevineOwned
banks
TOP PICK
True, they're under a lot of scrutiny and are looking for a new CEO, but they have an excellent capital position and just passed their stress test. They've raised their dividend and he expects them to raise it by 10%. They just announced 11% stock buybacks. This will support the stock price. They won't get hurt as much by the squeezed margins on the yield curve. (Analysts’ price target is $51.48)
Richard CroftOwned
banks
COMMENT
There continues to be a hangover over the falsification of client records a few years ago for WFC-N. It will go away over time and Warren Buffet still owns his shares. He would tie into a higher yield play. He would lean towards Bank of America.
Chris StuchberryUnknown
banks
HOLD
Dividend safe? He bought this when it was under temporary trouble last year. It was involved in front running customers and other issues and still do face sanctions. It sells at a discount to other US banks. The dividend is safe, he thinks. Not much downside here.
Norman LevineOwned
banks
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