WFC

Wells Fargo has attracted investor attention with mixed performance. The stock returned -1.1% over the past month versus the S&P 500's +0.7% gain.

While earnings estimates show growth with expected EPS of $1.88 for the current quarter (+6.8% YoY) and $7.29 for the fiscal year (+16.1% YoY), the stock carries a Zacks Rank #3 (Hold) rating. The company is trading at a premium to peers with a D valuation grade, suggesting it may perform in line with the broader market in the near term.

Wells Fargo plans to launch a U.S. dollar-denominated stablecoin in the first half of 2027 alongside 20 international financial institutions to support cross-border and institutional payments. The bank has also launched tokenized deposits that settle transactions in two minutes or less, compared to 1-2 days traditionally. WFC is exploring additional crypto capabilities through potential partnerships with Kraken's parent company Payward.

Wells Fargo reported Q3 2026 diluted earnings per share increased 13% year-over-year to $1.87. The bank achieved this through relentless efficiency improvements including a 30% headcount reduction from its 2020 peak, strategic hiring of 130+ business bankers that drove credit card openings up 61%, and optimized balance sheet management. Management expects continued progress toward its 17-18% return on tangible common equity target.