Although Wells Fargo (NYSE:WFC) certainly made its share of mistakes during the housing bubble, it looks like the company is on track to emerge from the credit crisis as one of the strongest names in banking. Strong while others are still weak, Wells Fargo could yet be on the hunt for assets and expansion opportunities that could take this bank to a new level.
A Good End to the Year
The fourth quarter of 2011 is shaping up to have been a pretty good quarter for the large banks. Wells Fargo surprised with its revenue this quarter, growing 5% from the third quarter and beat the average estimate by about half a billion dollars.
Click this link for more:
http://stocks.investopedia.com/stock-analysis/2012/Wells-Fargo-Continues-To-Show-Its-Quality-WFC-USB-PNC-UBS-GS0119.aspx
No comments:
Post a Comment